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Natalija [7]
2 years ago
5

Agile project management is superior to traditional project management in which of the following situations?

Business
1 answer:
OleMash [197]2 years ago
8 0

Answer:

The correct answer is (d) when you have a small, experienced team assigned to work on the project .

Explanation:

Agile project management is a project management methodology that is defined by its signature iterative and incremental approach to achieving requirements throughout the project life cycle. Its particularly suited for small dynamic projects and relies heavily on teamwork.

Traditional project management is a project methodology that emphasizes on a sequential predetermined approach to the project life cycle. The procedures to be followed throughout every phase of the project's life is already laid out. Changes to the laid down plan are not anticipated.This project management style is preferred  for larger projects.

In conclusion,when you have a small, experienced team assigned to work on the project  then you should utilize the agile project management style. Since the team is small, they are more suited to handle a smaller or medium project and  will have to rely more on their teamwork to ensure project success. A traditional project management approach would require a bigger team whose experience wouldn't add any substantial edge since the project plan is already laid out. Additionally, a traditional project management approach is inherently personnel intensive, whereas the available personnel is smaller.

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DTO, Inc., has sales of $15 million, total assets of $12.6 million, and total debt of $5.6 million. Assume the profit margin is
Eva8 [605]

Answer:

There the company's net income is $1.2 million.

Explanation:

Solution

Given that:

The Profit Margin is = 8% of Sales

Thus

DTO Inc's Net Income will be 8% of $ 15 million =$ 1,200,000 or $ 1.2 million

=$15 million *8% = $1.2 million

(ROA) or Return on Assets  = Net Income / Total Assets

= $ 1.2 million / $ 12.6 million

= 9.52%

Then

Total Assets = Total Debt + Total Equity

So the Total Assets are $ 12.6 million, and the Total Debt is $ 5.6 million, then the Total Equity works out to $ 7 million.

=$12.6 million - $ 5.6 million

=$7 million

Hence

Return on Equity (ROE) = Net Income / Total Equity = $ 1.2 million / $ 7 million = 17.14%

7 0
2 years ago
Adrianna works as a purchasing manager at a trading firm and earns a salary of $60,000. She has deductions of $3,000 and tax cre
Musya8 [376]

Adrianna's salary $60,000

She has deductions of $3,000

Tax credits of $5,000

Annual tax of $6,000

What is her annual disposable income?

To solve, subtract all the deductions or money leaving her salary and add the credits she receives yearly.

$60,000 - $3,000 = $67,000

$57,000 + $5,000 = $62,000

$62,000 - $6,000 = $56,000

Adrianna's annual disposable income is $56,000.

6 0
2 years ago
Due to the decrease in the level of water in the lakes of Chapel Hill, the local government wants to reduce the consumption of t
Paul [167]

Answer:

The correct answer is the first option: To impose a minimun price per gallon of tap water consumed that is five cents greater thant the actual price.

Explanation:

To begin with, if the local government is looking forward to reduce the consumption of the tap water due to the decrease in the level of water in the lakes of Chapel Hill, then it must impose a minimum price per gallon of tap water consumed that is five cents greater than the actual price <u>due to the fact that when the citizens continue to consume the tap water they will have to pay 5 cents more every time the exceed the gallon of water consumed</u>, therefore <em><u>paying more than one time the 5 cents extra</u></em> in the consumption instead of paying just one single time the 5 cents due to the simple consumption of water as it is suggested in the other option.

To sum up, if the government charges 5 cents more every gallon of water then the people will decrease their consumption because everytime they passed the gallon of water then they will have to pay another extra 5 cents and so on.  

6 0
2 years ago
The manager of the marketing team has thoughtfully selected team members with their strengths in mind to play roles based on the
hodyreva [135]

Answer:

The correct option is advisor.

Explanation:

In business, advisors can be described as persons who evaluate circumstances and suggest options as what could be done during different circumstances. These options are suggested for the benefit of the company and to lead it towards success. An advisor usually evaluates the business plan for a company.

In the above-mentioned scenario, Andy is entitled to evaluate particular situations and provide better options, hence she is playing the role of an advisor.

3 0
2 years ago
Read 2 more answers
Oriole Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cos
Fynjy0 [20]

Answer:

$1.2 per mile

Explanation:

Computation of the variable cost per mile using the high-low method

Using this formula

Variable cost per mile = (Highest activity cost - Lowest activity cost)/(Highest activity - Lowest activity)

Let plug in the

Variable cost per mile= (14,721 - 13,503)/(8,510 - 7,495)

Variable cost per mile= 1,218/1,015

Variable cost per mile=$1.2 per mile

Therefore the Variable cost per mile will be $1.2 per mile.

6 0
2 years ago
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