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  2. ABC analysis - Wikipedia

    en.wikipedia.org/wiki/ABC_analysis

    The ABC concept is based on Pareto's law. [10] If too much inventory is kept, the ABC analysis can be performed on a sample. After obtaining the random sample, the following steps are carried out for the ABC analysis. Step 1: Compute the annual usage value for every item in the sample by multiplying the annual requirements by the cost per unit.

  3. Activity-based costing - Wikipedia

    en.wikipedia.org/wiki/Activity-based_costing

    Following strong initial uptake, ABC lost ground in the 1990s compared to alternative metrics, such as Kaplan's balanced scorecard and economic value added.An independent 2008 report concluded that manually driven ABC was an inefficient use of resources: it was expensive and difficult to implement for small gains, and a poor value, and that alternative methods should be used. [4]

  4. Proposal (business) - Wikipedia

    en.wikipedia.org/wiki/Proposal_(business)

    The Association of Proposal Management Professionals (APMP) refers to a black hat review as an independent review of the strategies and proposals likely to be put forward by competitors. [7] Other colours are used in relation to teams: a pre-writing strategy review is sometimes called a "Pink Team", a formal draft review may be called a "Red ...

  5. Technical communication - Wikipedia

    en.wikipedia.org/wiki/Technical_communication

    Technical communication (or Tech Comm) is communication of technical subject matter such as engineering, science, or technology content. The largest part of it tends to be technical writing, though importantly it often requires aspects of visual communication (which in turn sometimes entails technical drawing, requiring more specialized training).

  6. Bid and proposal - Wikipedia

    en.wikipedia.org/wiki/Bid_and_proposal

    The development of a bid and proposal takes place early in the procurement process, and the resulting proposal will be subject to review by the purchaser and negotiation between the two parties. Developing a bid and proposal takes place before a contract vehicle is in place, meaning that firms undertake the costly tasks of proposal-writing and ...

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  9. Situation, task, action, result - Wikipedia

    en.wikipedia.org/wiki/Situation,_task,_action...

    The situation, task, action, result (STAR) format is a technique [1] used by interviewers to gather all the relevant information about a specific capability that the job requires.

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