About This Chapter
Improving Efficiency in Business - Chapter Summary
These lessons will boost your knowledge in the area of improving efficiency in business. Get familiar with the definition of self-directed teams and examples of re-engineering in business. This chapter will cover lesson material such as:
- Manufacturing design for improving efficiency
- Definition and advantages of Just In Time inventory
- Advantages and disadvantages of self-directed teams
- IT systems impact on efficiency and productivity
This chapter uses both text and video lessons. The lessons are short and it is easy to make progress on your studies by logging in using your mobile device whenever you have a few minutes. We have a feature that allows you to ask any questions directly of the instructors.
1. Just in Time Inventory: Definition, Advantages & Examples
Just In Time (JIT) is a production and inventory control system in which materials are purchased and units are produced only as needed to meet actual customer demand.
2. Self-Directed Teams: Definition, Advantages & Disadvantages
There are many types of teams found in different business organizations. In this lesson, learn about the advantages and disadvantages of self-directed teams.
3. What Is Reengineering in Business? - Definition, Examples & Methodology
Change is often necessary to succeed in business. In this lesson, you'll learn about re-engineering in business, including its methodology. You'll also have a chance to take a short quiz after the lesson.
4. The Impact of IT Systems on Efficiency & Productivity
Information technology (IT) is a field that has grown rapidly since its introduction in the 1980s. This lesson will discuss the impact that IT systems have had on efficiency and productivity and highlight the primary areas of influence.
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Other chapters within the CM Planning & Organizing Exam Study Guide - Certified Manager course
- Strategic Planning in Business
- Business Missions & Goals
- Building Strategy in Business
- Value Chain Management
- Improving Customer Relations
- Improving Quality in Business
- Improving Innovation in Business
- Project Management Definition & Skills
- Managing Structure & Culture in Business
- Building Teams & Work Groups
- Human Resources & Hiring
- Training & Assessment in an Organization
- Overview of Workplace Pay & Benefits
- Diversity at Work
- Coaching & Feedback in the Workplace
- Career Business Networking
- Mentoring at Work
- Holding Productive Meetings
- CM Planning & Organizing Exam Study Guide - Certified Manager Flashcards