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Lilit [14]
2 years ago
7

In general, for large and complex projects, which approach to project management is more likely to be a critical success factor

for project managers? Tragedy of the commons approach Socio-economic approach Technical skills Sociocultural approach
Business
1 answer:
Novay_Z [31]2 years ago
4 0

Answer: Technical skills

Explanation:

For a project that is large and complex, the manager involved needs to have skills that will enable them take advantage of any situation that arises be it Postive or negative by being able to use the technical skills that have.

Having Technical skills means that the manager as well as being able to handle the physical aspects of the project, will be able to handle other aspects as well such as financial, marketing and design.

Technical skills are definitely more

likely to be a critical success factor for the project manager.

You might be interested in
A business consultant earns a flat fee for his work as well as an hourly fee. He charges his clients at a rate of $75 per hour.
Delicious77 [7]
Well...if he earns $75 an hour....and he worked for 20 hours...that's
75 * 20 which = 1500
Now it says he also earns a flat fee....since the question states he billed the client 1800...and he only earned 1500 of it...that must mean that his flat fee would be
1800 - 1500 = 300
So his flat fee is 300...and his variable charge...is 75x (75 dollars per hour)
in an equation...this would look like
C(x) = 75x + 300
4 0
2 years ago
Denton Company manufactures and sells a single product. Cost data for the product are given below:
marissa [1.9K]

Answer:

1. The unit product cost under absorption costing and variable costing.

Product Cost : Absorption Costing = $23,44

Product Cost : Variable Costing = $19.00

2. Contribution format variable costing income statements for July and August.

                                                                       July                 August

Sales                                                         1,196,000            1,612,000

Less Cost of Sales :                                 (437,000)             (513,000)

Opening Stock                                                0                      76,000

Add Production                                         513,000               513,000

Less Closing Stock                                   (76,000)               (76,000)

Contribution                                             759,000            1,099,000

Less Expenses :

Selling and administrative expenses

Variable :                                                   (23,000)               (21,000)

Fixed :                                                      (169,000)             (169,000)

Net operating income                             567,000              909,000

3. Reconcile the variable costing and absorption costing net operating income

                                                                          July                      August

Absorption costing net operating income   $584,760               $891,240

Add Fixed Costs in Opening Inventory                                          $17,760

Less Fixed Costs in Closing Inventory          ($17,760)

Variable costing net operating income       $567,000              $909,000

Explanation:

Product Cost : Absorption Costing = All Manufacturing Costs (Fixed and Variable)

                                                          = $5+$11+$3+($120,000/27,000)

                                                          = $5+$11+$3+$4.44

                                                          = $23,44

Product Cost : Variable Costing = Variable Manufacturing Costs

                                                     = $5+$11+$3

                                                     = $19.00

6 0
2 years ago
Helen Heartwell flew to New York City a few weeks after the September 11, 2001, bombing of the World Trade Center. She wanted to
Ymorist [56]

Answer:

<u>Phenomenological</u>

Explanation:

Helen Heartwell flew to New York City a few weeks after the  September 11 , 2001, bombing of the World Trade Center . She wanted to know how the victims of the attack were making sense of what had happened to them . Dr. Heartwell is probably employing<em><u> Phenomenological</u></em> qualitative research design.

Phenomenological is the study in which we can study about the phenomena of the human as they experienced in real pr may they lived that.

There are two main approach of Phenomenological they are descriptive and interpretive . In recent time , Phenomenological is used widely in any field. It considered the important aspect which a person experienced or lived , but not interested in the explanation .

6 0
2 years ago
After years of customer feedback, Bank of Bux is finally going paperless. The bank's communications team promoted the strategy b
swat32

Answer:

2) an area where the firm can contribute to the green effort, as well as cut costs.

Explanation:

Banks and most private companies are continually looking for ways to reduce costs so that they can make larger profits. In this case, the bank will probably cut some costs by not using paper anymore.

The fact that it can be seen as a green effort is a plus to the cost saving. Green efforts are usually heavily publicized, even more if it's a bank. Banks usually have bad reputations so whatever makes them look good, and better if it's free (or in this case they even save money), just suits them perfectly.

4 0
2 years ago
Read 2 more answers
On May 1, 2018 ABC Corporation purchased $1,500,000 of 12% bonds, interest payable on january 1 and july 1, for $1,406,500 plus
marishachu [46]

<u>Solution:</u>

<u>1. Entry for May 1, 2018: </u>

Date Account Titles and Explanation       Debit                     Credit  

1-May-18 Available-for-Sale Securities $1,406,500  

Interest Revenue                                 $60,000  

Cash                                                               $1,466,500  

(To record purchase of 12% bonds)  

Available-for-Sale Securities               $1,375  

Interest Revenue                                                            $1,375  

(To record inerest expense)  

Cash                                              $15,000  

Interest Revenue                                                            $15,000  

(To record interest expense on date of sale - August 1, 2018) )    

Cash                                               $1,412,500  

Available for sale- securities                                     $1,406,500  

Gain on sale of securities                                        $6,000  

<u>Calculations are as follows:</u>

Amortization = $1,500,000 - $1,406,500 = $93,500

The bond period is for 5 years 8 months = 68 months

Hence monthly interest revenue = $93.500 divide by 68 = $$1,375

Interest revenue = 1,500,000 multiply 12% multiply 1/12 = &18.000

7 0
2 years ago
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