Business Studies A Level by G. Gorman (auth.)
By G. Gorman (auth.)
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Extra resources for Business Studies A Level
It has also increased more rapidly than that of manufacturing and the whole economy. The productivity rise may be due to factors such as more capital-intensive production, improved technology, more flexible labour practices and cutting out of less efficient production units such as exhausted coal-mines. Gross trading surplus has risen steadily, and faster than GDP, which implies that NIs have increased profitability more rapidly than the rest of the economy. This may have been due to factors such as better management, cost-cutting, greater productivity and higher prices.
This does not mean that the manager's hunch should be ignored. Despite this objection to the superiority of quantitative data, it can be argued that there is nearly always some form of numerical data which can be used to point to potential strengths or weaknesses of an organisation. For example, low morale among workers will often lead to measurable occurrences such as higher absenteeism, labour turnover or lower productivity. In summary, it should be said that quantitative and qualitative data are complements to each other rather than alternative sources of guidance.
G therefore cannot start until day 11, which is the EST for node 5. Finally, completion of the project will occur when both instead of its planned 2. Neither of these problems would stop the project from being completed on day 13. Activity E is a different case. It cannot be started until day 7 (its EST). However, unlike activity F it must also start on its EST, and must be completed within its planned time. For example if its start was delayed to day 8, it would not be completed until day 12. G could not then be completed until day 14, resulting in the project going over its planned finish time.