Name 5 of the nonmonetary factors (i.e. besides profits maximization or cost minimization) that can play a significant role in the final recommendation in decision making in a typical engineering organization
Besides profits maximization or cost minimization, the nonmonetary factors that can play an important role in the final recommendation in decision making in a typical engineering organization are as follows:
--Maintaining flexibility in production to cope changing demands
--Improvement in employee satisfaction
--Exceeding or meeting the expectation of customers
--Providing safety to employees as well as the public
--Exceeding or meeting the requirements of environment
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