Uncategorized
Examples of automated systems
What is an automation system?
The system used for controlling the position, velocity, acceleration, temperature, pressure, voltage, and current, etc. are examples of control systems. Let us take an example of the simple temperature controller of the room, to clear the concept.
What is an automated business system?
Three basic types of control systems are available to executives: (1) output control, (2) behavioural control, and (3) clan control. Different organizations emphasize different types of control, but most organizations use a mix of all three types.
Can you give an example of an automated system which has a control system?
There are basically two types of control system: the open loop system and the closed loop system.
What are the examples of control system?
These types of control systems are discussed in detail below.
- Linear Control Systems.
- Non-linear Control Systems.
- Analog or Continuous System.
- Digital or Discrete System.
- Single Input Single Output Systems.
- Multiple Input Multiple Output Systems.
- Lumped Parameter System.
- Distributed Parameter System.
What are the three main types of control systems?
Yes, generally speaking there are two types: preventive and detective controls. Both types of controls are essential to an effective internal control system. From a quality standpoint, preventive controls are essential because they are proactive and emphasize quality.
What are the two major types of control system?
The four types of strategic control are premise control, implementation control, special alert control and strategic surveillance. Each one provides a different perspective and method of analysis to maximize the effectiveness of your business strategy.
What are the major types of control systems?
The most common type of organizational control system is a centralized one called responsibility center control. In the centralized form of decision making, the decisions may take into account the MNCs overall needs, but could hinder the ability of subsidiary managers to respond to changes.
What are two main types of control?
4 Steps of Control Process are;
- Establishing standards and methods for measuring performance.
- Measuring performance.
- Determining whether performance matches the standard.
- Taking corrective action.
What are the four types of control?
Directive is shown as being the weakest form of control; preventative is shown as the strongest form of control. If there is a detective control there must be a corrective element.
What is the most common type of organizational control system?
Distinguish among the six areas of organizational control: physical, human, informational, financial, structural, and cultural. Control: Control is a process. It identifies the predetermined goal of organizations.
What are the four key areas of control?
The control function can be viewed as a five–step process: (1) Establish standards, (2) Measure performance, (3) Compare actual performance with standards and identify any deviations, (4) Determine the reason for deviations, and (5) Take corrective action, if needed.
What is the weakest form of control?
For example, if a sales manager makes a target to make the sales of 5 million in one quarter with five salespersons working in his team, then he will give the target of 1 million to every salesperson and will control their actions to achieve the desired results.
What are the six areas of organizational control?
Basically the process of control involves three steps i.e.- (i) setting up standards (ii) performance appraisal and (iii) corrective measures. Management thinkers have also confirmed these steps.
What is an example of controlling in management?
Techniques of Control – Accounting, Control through Audit, Quality Control, Control through Network, Management Information System and Overall Control System
- Break Even Analysis:
- Standard Costing:
- ABC Costing:
- Budgetary Control:
- Inventory Control:
- Responsibility Accounting:
What are the 3 basic steps of any control process?
Following are the modern techniques of control which are commonly used present:
- I. Return on Investment (ROI):
- II. Programme Evaluation and Review Technique (PERT):
- III. Management Information System (MIS):
- IV. Management Audit:
What are the techniques of controlling in management?
7 Management Tools For Quality Control
- Flowchart. Most of us are familiar with flowcharts.
- Check Sheet. A check sheet is a basic quality tool that is used to collect data.
- Cause and Effect (fish bone) Diagram.
- Pareto Chart.
- Control Charts.
- Histograms.
- Scatter Diagrams.
What are the controlling methods and techniques?
7 Basic Quality Tool Templates
- Cause-and-effect diagram template (Excel)
- Check sheet template (Excel)
- Control chart template (Excel)
- Histogram template (Excel)
- Pareto chart template (Excel)
- Scatter diagram template (Excel)
- Stratification template (Excel)
What are modern method controlling techniques?
These seven basic quality control tools, which introduced by Dr. Ishikawa, are : 1) Check sheets; 2) Graphs (Trend Analysis); 3) Histograms; 4) Pareto charts; 5) Cause-and-effect diagrams; 6) Scatter diagrams; 7) Control charts.
What are the tools of control?
There are seven basic quality tools identified as appropriate for use in both the quality management plan and control quality processes. They are known as Ishikawa’s seven basic tools of quality: cause-and-effect diagrams, flowcharting, check sheets, Pareto diagrams, control charts, histograms and scatter diagrams.
Which are the 7 QC tools?
What are the 7 basic quality tools?
- Stratification.
- Histogram.
- Check sheet (tally sheet)
- Cause and effect diagram (fishbone or Ishikawa diagram)
- Pareto chart (80-20 rule)
- Scatter diagram (Shewhart chart)
- Control chart.
What are the 7 tools of TQM?
The 7 Quality types of tools are.
- Cause-and-Effect Diagram. This is also called a fishbone chart or Ishikawa diagram.
- Check Sheet. It is a sheet prepared in a structured way.
- Control Charts. Charts are used to study how process changes overtimes in the graphical view.
- Histogram.
- Pareto Chart.
- Scatter Diagram.
- Stratification.

Uncategorized
How to pronounce hone
What hone means?
(Entry 1 of 3) transitive verb. 1 : to sharpen or smooth with a whetstone. 2 : to make more acute, intense, or effective : whet helped her hone her comic timing— Patricia Bosworth.
How do you pronounce hone?
What mean honing?
The verb hone means to sharpen skills. Use hone to describe someone working hard, perfecting or sharpening skills, as in “She is honing her skills as an actress by working in community theater.” Hone, which rhymes with phone, is from the Old English word, han, meaning “stone, rock.”
Is the H silent in human?
H is silent in many English words, for various reasons. Not all such words that have come into English from French still have a silent h, however. Over the centuries we have come to pronounce the h in words like horrible, hospital, host, human, and humour.
What hone means?
(Entry 1 of 3) transitive verb. 1 : to sharpen or smooth with a whetstone. 2 : to make more acute, intense, or effective : whet helped her hone her comic timing— Patricia Bosworth.
How do you pronounce hone?
What mean honing?
The verb hone means to sharpen skills. Use hone to describe someone working hard, perfecting or sharpening skills, as in “She is honing her skills as an actress by working in community theater.” Hone, which rhymes with phone, is from the Old English word, han, meaning “stone, rock.”
Is the H silent in human?
H is silent in many English words, for various reasons. Not all such words that have come into English from French still have a silent h, however. Over the centuries we have come to pronounce the h in words like horrible, hospital, host, human, and humour.
Uncategorized
Cost of Starting a Blog in Nigeria
When it comes to starting a blog, one of the common questions people ask is always related to the total amount required in developing one. While some blog as a hobby, some others do it as a source of income. Depending on how simple or complex you want your blog to be, the amount required to completely build the blog varies.
In this post, we will take a look at an estimated amount it costs to build a standard blog from start to finish. We will focus on the core parts of blog creation and areas you will likely spend on.
How Much Does it Cost to Start Blogging in Nigeria?
Regardless of the kind of blog you are looking to build, it actually does not cost so much. Although the actual start-to-finish costs can vary depending on the complexity of the blog, you wouldn’t necessarily need to break the bank to complete a standard one.
Here, we will cover the core aspects of blogging that might require you to spend certain amounts. We will categorize each core process and highlight how much you might likely sped per step, depending on what you are looking to build.
Getting a Domain Name
This is usually the first and, in most cases, the most important step when it comes to starting a blog. The Domain name is what makes people actually find your blog when searched on the internet. The Domain name not only serves as the identity of your blog, it carries the name and the address. Usually, you are required to pay for a domain name if you are looking to build a standard blog. Domain names generally cost between $7 – $15 depending on the domain registrar you are using. See below the price list of popular domain registrar available in Nigeria and how much they charge.
- GoDaddy – $9 – $10
- NameCheap – $10 – $11
- Ng – N990 (for a .ng) and N2900 (for a .com)
In addition to the purchase of a domain name, you are expected to pay a certain amount annually for renewal of the domain. In most cases, you pay similar amount you paid for the domain in the first place.
Buying a Web Hosting Plan
After purchasing a subscribing for a domain name, the next step is looking to get a host for the blog. Your blog requires web hosting to store the site content on the internet and ensures it is accessible to everyone. While you wouldn’t necessarily need to know the technicalities and the complicity around the process, you can just reach companies that handle these to help host the blog.
Regardless of the kind of blog you are looking to build, you will be required a host for your website to get it to the level you want. Depending on the host you are using, this should not cost you up to $10 per month. DomainKing.ng for instance, offers hosting for as low as N300 depending on the package. Although most hosting companies charge monthly, there are some packages that allow customer pay discounted amounts if they are paying yearly.
WordPress.com – Free
After you have spent on those first two, you can now relax and enjoy your blog. WordPress is the platform that afford you the chance to put content on your blog. This is one of the most fun bit of the blogging process. All you need to do is download the WordPress software free and install it into your workstation. You can also just assess it directly online. You can then create. Another option most people have is to sign up for web hosting through a service like the HostGator, which allows for a more direct WordPress installation. You wouldn’t need to pay a dime for the installation and setting up your blog on WordPress. The platform also allows you to customize your blog, design your themes and contents. While there are generic themes you can use for your blog, there are other themes you might be required to pay for.
Overall Estimated Cost of Starting a Blog in Nigeria
Anyone can get a blog of their own regardless of what type of blog you are looking to create. So far you can get a domain name and web hosting, usually for less than $100 per annum. Doing a rough calculation, it would break down as $10 – $15 to get a domain name and say, $7 – $8 per month for hosting, which approximates to about $85 per year.
Converting this to naira, you might not even pend up to N30, 000 per year depending on the currency exchange rate at the period, where you are purchasing the domain name from and largely, the service you are selecting to host the web.
Regardless of why you are starting the blog, whether it is for fun or to make profit, it is essential for every blogger to be able to go through the main blogging process and decide on the best niche for his or her blog. One of the core aspects of blogging is content creation.
This, depending on the kind of blog you look to run, might come with its own expense. If you are running a blog that require you to hire a content creator, you might need to include the cost in your planning. Having all these planned out will go a long way in sustaining the blog.
When it comes to starting a blog, one of the common questions people ask is always related to the total amount required in developing one. While some blog as a hobby, some others do it as a source of income. Depending on how simple or complex you want your blog to be, the amount required to completely build the blog varies.
In this post, we will take a look at an estimated amount it costs to build a standard blog from start to finish. We will focus on the core parts of blog creation and areas you will likely spend on.
How Much Does it Cost to Start Blogging in Nigeria?
Regardless of the kind of blog you are looking to build, it actually does not cost so much. Although the actual start-to-finish costs can vary depending on the complexity of the blog, you wouldn’t necessarily need to break the bank to complete a standard one.
Here, we will cover the core aspects of blogging that might require you to spend certain amounts. We will categorize each core process and highlight how much you might likely sped per step, depending on what you are looking to build.
Getting a Domain Name
This is usually the first and, in most cases, the most important step when it comes to starting a blog. The Domain name is what makes people actually find your blog when searched on the internet. The Domain name not only serves as the identity of your blog, it carries the name and the address. Usually, you are required to pay for a domain name if you are looking to build a standard blog. Domain names generally cost between $7 – $15 depending on the domain registrar you are using. See below the price list of popular domain registrar available in Nigeria and how much they charge.
- GoDaddy – $9 – $10
- NameCheap – $10 – $11
- Ng – N990 (for a .ng) and N2900 (for a .com)
In addition to the purchase of a domain name, you are expected to pay a certain amount annually for renewal of the domain. In most cases, you pay similar amount you paid for the domain in the first place.
Buying a Web Hosting Plan
After purchasing a subscribing for a domain name, the next step is looking to get a host for the blog. Your blog requires web hosting to store the site content on the internet and ensures it is accessible to everyone. While you wouldn’t necessarily need to know the technicalities and the complicity around the process, you can just reach companies that handle these to help host the blog.
Regardless of the kind of blog you are looking to build, you will be required a host for your website to get it to the level you want. Depending on the host you are using, this should not cost you up to $10 per month. DomainKing.ng for instance, offers hosting for as low as N300 depending on the package. Although most hosting companies charge monthly, there are some packages that allow customer pay discounted amounts if they are paying yearly.
WordPress.com – Free
After you have spent on those first two, you can now relax and enjoy your blog. WordPress is the platform that afford you the chance to put content on your blog. This is one of the most fun bit of the blogging process. All you need to do is download the WordPress software free and install it into your workstation. You can also just assess it directly online. You can then create. Another option most people have is to sign up for web hosting through a service like the HostGator, which allows for a more direct WordPress installation. You wouldn’t need to pay a dime for the installation and setting up your blog on WordPress. The platform also allows you to customize your blog, design your themes and contents. While there are generic themes you can use for your blog, there are other themes you might be required to pay for.
Overall Estimated Cost of Starting a Blog in Nigeria
Anyone can get a blog of their own regardless of what type of blog you are looking to create. So far you can get a domain name and web hosting, usually for less than $100 per annum. Doing a rough calculation, it would break down as $10 – $15 to get a domain name and say, $7 – $8 per month for hosting, which approximates to about $85 per year.
Converting this to naira, you might not even pend up to N30, 000 per year depending on the currency exchange rate at the period, where you are purchasing the domain name from and largely, the service you are selecting to host the web.
Regardless of why you are starting the blog, whether it is for fun or to make profit, it is essential for every blogger to be able to go through the main blogging process and decide on the best niche for his or her blog. One of the core aspects of blogging is content creation.
This, depending on the kind of blog you look to run, might come with its own expense. If you are running a blog that require you to hire a content creator, you might need to include the cost in your planning. Having all these planned out will go a long way in sustaining the blog.
Uncategorized
Examples of small cap stocks
What is considered a small cap stock?
A small cap is generally a company with a market capitalization of between $300 million and $2 billion. Small cap stocks have historically outperformed large cap stocks but have also been more volatile and riskier investments.
What are the top 10 small cap stocks?
List of Best Small-Cap Stocks to Buy now in India 2021
Sr. No | Company Name | BSE Scrip Code |
---|---|---|
7 | Bajaj Consumer Care | 533229 |
8 | Heidelberg Cement | 500292 |
9 | Mishra Dhatu Nigam Ltd. | 541195 |
10 | JK Paper Ltd | 532162 |
•
Mar 1, 2021
What are US small caps?
Small–cap: $300 million to $2 billion. Micro-cap: $50 million to $300 million. Nano-cap: Under $50 million.
Are small-caps a good investment?
While small–cap stocks generally carry greater risk than the stocks of large companies, that risk cuts both ways. Small–caps are more likely to lose value during a crisis like the coronavirus pandemic, but the attractive upside potential in bull markets makes them worth the risk for many investors.
Are small-caps a good investment now?
Investors should consider adding small–cap stocks to their portfolio. Even though small–cap stocks outperformed large caps in 2020, the companies in this sector are predicted to continue their upward trend. The Russell 2000, a small–cap index, generated a 20% return in 2020.
Is it better to invest in small-cap or large cap?
Small–cap stocks tend to offer greater returns over the long-term, but they come with greater risk compared to large–cap companies. Large–cap companies are typically a safer investment, especially during a downturn in the business cycle, as they are much more likely to weather changes without significant harm.
How much should I invest in a small-cap?
You can start with 50 percent of your stocks in large-caps, 30 percent in mid-caps, 20 percent in small–caps. Adjust from there according to your risk tolerance. For example, if you want more growth, you could go with 40 percent large-caps, 40 percent mid-caps and 20 percent small–caps.
Will small-cap stocks recover?
Small–cap stocks and mid-cap stocks have had a significant correction in their forward P/Es compared to large-caps. They have not had any notable recovery progress from their highs either. Forward P/Es for large-caps are extremely high while small–caps and mid-caps are at levels that we’ve seen the likes of before.
When should I invest in small cap growth?
On average, small–caps have an advantage when the U.S. economy is in recovery mode. When the economy is rebounding, unemployment rates are quickly going down, and businesses are seeing strong earnings growth — this is a great time to invest in small–cap stocks. Of course, small–cap stocks don’t always outperform.
Which Small Cap Fund is best?
Top 10 Small Cap Mutual Funds
Fund Name | Category | 1Y Returns |
---|---|---|
Axis Small Cap Fund | Equity | 88.8% |
Kotak Small Cap Fund | Equity | 128.3% |
SBI Small Cap Fund | Equity | 97.1% |
Nippon India Small Cap Fund | Equity | 118.7% |
Will small caps outperform?
Small caps outperformed both large caps and midcaps – as the S&P 500 (. SPX) generated a 16.3% return, while the S&P MidCap 400 (. MGD) produced a 13.7% return. Even though the bulk of the gain was in the last months of 2020, small–cap stocks should continue to generate higher returns this year.
Will small caps do well in 2021?
In fact, for small–cap investors, it can be very advantageous. With such a strong finish to 2020, it’s not hard to believe that small–caps performance will continue into 2021. After all, history has shown that small–caps tend to thrive in the early stages of economic recovery.
How do I find the best small-cap stock?
How to Find Small–Cap Stocks
- Search for paradigm shifts that are opening up new opportunities.
- Invest only when the market opportunity is huge—and quantifiable.
- Invest in companies before the institutions notice them.
- Invest in stocks that offer both growth and value.
- Avoid big losses.
How many small cap stocks are there?
Different stock tracking companies define the cutoff between large-cap and small–cap companies at different market capitalizations. The Wilshire Associates website states the Wilshire 5000 index includes 747 large-cap stocks, the next 1,737 stocks are small cap, and the balance consist of micro-cap stocks.
What are the best mid cap stocks?
Summary of the best Midcap stocks to buy now in India
Sr. No | Company Name | BSE Scrip Code |
---|---|---|
1 | Crompton Greaves Consumer Electricals | 539876 |
2 | Escorts | 500495 |
3 | Relaxo Footwears | 530517 |
4 | Polycab India | 542652 |
•
Mar 1, 2021
Should I invest in mid cap stocks?
Relative to small-cap companies, mid–cap companies generally have less risk as their businesses are more diversified and have better access to capital. Relative to large-cap companies, mid–cap companies have the potential to generate higher earnings growth and have less complex business models.
How do you know if a stock is mid cap?
What Are Mid–Cap Stocks? Mid–cap companies are companies whose market cap is above Rs 5,000 crore but less than Rs 20,000 crore. Investing in these companies can be riskier than investing in large-cap market companies. This is because mid–caps tend to be more volatile.
What is an example of a mid cap stock?
Example of the Mid–Cap Stocks
Since the market capitalization of the company XYZ ltd is $ 4 billion, which is between the ranges required for being the mid–cap stock company, i.e., between $ 1 billion to $ 10 billion, so the stocks of the Company XYZ ltd will be the mid–cap stocks.
How do you pick a mid cap stock?
Some of the things GARP investors focus on when evaluating mid–cap stocks include growth measures like sales and earnings growth rates along with value measures like price/earnings and price/cash flow. Whatever measures you choose, the most important criteria should be the quality of the company.
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