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Limiting Factor

Notes, Principles of Management

Limiting Factor

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Limiting Factor
            Is something that stands in the way of accomplishing desired objective. Recognizing the limiting factors in a given situation makes it possible to narrow the search for alternatives to those that will overcome the limiting factors.

 

Principle of the Limiting Factor:

            By Recognizing and overcoming those factors that stand critically in the way of a goal, the best alternative course of action can be selected.

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