line consistency
(noun)
how closely related the products that make up the line are.
Examples of line consistency in the following topics:
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Product Line
- Line depth refers to the number of subcategories a category has.
- Line consistency refers to how closely related the products that make up the line are.
- Line vulnerability refers to the percentage of sales or profits that are derived from only a few products in the line.
- The first is a full-line strategy while the second is called a limited line strategy.
- Line-filling strategies occur when a void in the existing product line has not been filled or a new void has developed due to the activities of competitors or the request of consumers.
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Production lines come in all shapes and sizes
- Central to its success is the creation of a dedicated production line consisting of dedicated machines or tools that perform only one or two steps in the sequence of making a part or product.
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Introduction to Fundamentals
- ‘Sustainability consistently delivers both top-line and bottom-line growth for DuPont,' says Dawn Rittenhouse, business director for sustainability at the company.
- Four years afterwards, however, the decision delivered $100 million in cost savings to the company's bottom line while yielding a portfolio of 80 new products and services that generated $17 billion in annual revenues (greenhouse gas emissions were reduced by 30%).
- For the most part, what Rittenhouse and Immelt are talking about is eliminating and preventing waste (a.k.a. non-product) in all its forms while extending the life-cycle of the business's resources – both of which resulted in each company becoming more innovative in the process (GE's commitment remains very much in line with the fi rm's Six Sigma mantra from the 1980s).
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Open Communication of Decisions
- Transparency consists of operating in such a way that it is easy for others to see what actions are being performed.
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Strikes
- A strike may consist of workers refusing to attend work or picketing outside the workplace to prevent or dissuade people from working in their place or conducting business with their employer.
- The act of working during a strike – whether by strikebreakers, management personnel, non-unionized employees or members of other unions not on strike – is known as "crossing the picket line," regardless of whether it involves actually physically crossing a line of picketing strikers.
- Crossing a picket line can result in passive and/or active retaliation against that working person.
- Companies that hire strikebreakers typically play upon these fears when they attempt to convince union members to abandon the strike and cross the union's picket line.
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Small Businesses and U.S. Jobs
- The private sector consists of a wide variance in business size, grouped into small, medium, and large organizations.
- The small-business share of employment is relatively stable, as shown in the graph above: the bold red line representing all small businesses stays at around 50 to 55% of the total share of employment.
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Line and Staff Structure
- The line and staff structure combines the line organization with support from staff departments .
- The distinguishing characteristic between simple line organizations and line and staff organizations is the multiple layers of management within the latter.
- While the staff departments may not directly contribute to the production of the firm like the line positions do, their services indirectly support the line positions.
- Organizations begin as line-only, with line managers having direct control over all activities, including administrative ones.
- Explain the dynamics between the line managers and staff positions of a typical line and staff structure
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Sample Income Statement
- 'Revenue' is money received from the sales of products and services before expenses are deducted, also called the 'top line. ' The net income is the result after all revenues and expenses have been accounted for, also known as the 'net profit' or the 'bottom line. ' The income statement displays the revenues recognized for a specified period and the expenses charged against these revenues, including write-offs (depreciation and amortization of assets) and taxes.
- The Single Step income statement takes a simpler approach, adding revenues and subtracting expenses to find the bottom line.
- The more complex Multi-Step income statement takes several steps to find the bottom line, starting with the gross profit.
- Selling, General and Administrative expenses (SG&A or SGA): Consists of the combined payroll costs.
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Short-Term Loans
- The issuer of the card creates a revolving account and grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.
- The customer then need not calculate a balance remaining before every transaction, provided the total charges do not exceed the maximum credit line for the card.
- These loans are also sometimes referred to as "cash advances," though that term can also refer to cash provided against a credit card or other prearranged line of credit.
- The core of the money market consists of inter bank lending (banks borrowing and lending to each other using commercial paper), repurchase agreements, and similar short-term financial instruments.
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Combining internal and external equity
- The next step will be to combine these two sets of data, to create a pay policy line.
- The pay policy line can be drawn freehand, by graphing actual salaries and connecting the dots.
- Regression generates a straight line that best fits the data by minimizing the variance around the line.
- In other words, the straight line generated by the regression analysis will be the line that best combines the internal value of a job (from job evaluation points) and the external value of a job (from the market survey).
- You can also enact a policy of "leading" the market by raising the line, and the policy of "lagging" the market by lowering the line.