Tag Archives | Essay on Relationship

What is the Relationship of Perception with Individual Decision Making?

As decision making is the process to select a course of action from number of alternatives, individual managers while taking decisions, get influenced by their perception. In organizations, by and large individual employees’ decisions are based on policy documents; individual preferences can hardly influence the same. […]

By |2015-09-04T12:07:32+05:30March 29, 2013|Knowledge|Comments Off on What is the Relationship of Perception with Individual Decision Making?

What is the Relationship between Productivity and Quality? – Explained!

When quality increases, the productivity also improves. This is because wastes and rework are reduced, and inputs are optimally utilized. Higher productivity enables an organization to reduce price and gain competitive advantage both in terms of price and quality. Customers also feel happy as they get value for their money. Since organization’s bottom line improves, it raises the satisfaction level [...]

By |2016-01-05T08:53:26+05:30March 21, 2013|Knowledge|Comments Off on What is the Relationship between Productivity and Quality? – Explained!
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