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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.

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In a survey undertaken by a university to gauge student satisfaction in its online MBA program, one question asked students to i
user100 [1]

Answer:

C. This variable is categorical

Explanation:

A categorical or discrete variable is one that has two or more categories (values).  There are two types of categorical variable, nominal and ordinal.  

A nominal variable has no intrinsic ordering to its categories. For example, gender is a categorical variable having two categories (male and female) with no intrinsic ordering to the categories.

An ordinal variable has a clear ordering. For example, temperature as a variable with three orderly categories (low, medium and high).

Hence, the variables used in this scenario is an ordinal variable because it has a clear ordering.

5 0
2 years ago
Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects the following unit sales: Janu
Ksenya-84 [330]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

January 41,000

February 38,000

March 50,000

April 51,000

Patrick's policy is to have 25% of next month's sales in ending inventory. On January 1, it is expected that there will be 6,700 drums of solvent on hand.

January:

Sales= 41,000

Next month sales= 38,000*0.25= 9,500 units

Initial inventory= 6700 (-)

Total production= 43,800 units

February:

Sales= 38,000

Next month sales= 50,000*0.25= 12,500 units

Initial inventory= 9,500 (-)

Total production= 41,000 units

March:

Sales= 50,000

Next month sales= 51,000*0.25= 12,750 units

Initial inventory= 12,500 (-)

Total production= 50,250 units

April:

Sales= 51,000

Initial inventory= 12,500

Total production= 38,500 units

Total production= 173,550 units

4 0
2 years ago
Armstrong Corporation manufactures bicycle parts. The company currently has a $19,800 inventory of parts that have become obsole
FinnZ [79.3K]

Answer:

If sold without Modification, Armstrong Corporation will incur a loss of $12,500.

If the Corporation modifies the Stock and then Sell it, its loss will be $9,200.

Explanation:

<u>Workings</u>

Without Modification:

Selling Price                   = 7,300

Less: Cost of Inventory = 19,800

Loss                                = $12,500.

Modification:

Selling Price                   = 20,900

Less: Cost of Inventory = 19,800

        Modification Cost = 10,300

Loss                                = $9,200.

If you have any queries, feel free to ask. Thanks!

4 0
2 years ago
Match each of the following scenarios with the accounting principle or accounting assumption that it best illustrates.a. Several
Orlov [11]

Answer:

Key S - Scenario

      A - Accounting Principle or Assumption

S

Several years after Thomas Company purchased new office equipment, the company’s accounting records still show the original purchase price.

A

Historical cost principle

S

The home of Rob Elliot, the owner of GGE Enterprises Inc., is not listed among the company’s assets.

A

Business entity assumption

S

Despite several years of falling sales, Thomas Company continues to forecast sales and make strategic plans to raise revenues and cut expenses.

A

Going concern assumption

S

Thomas records expenses incurred to produce the sales for the month.

A

Expense recognition principle

S

GGE Enterprises records a deposit received from a customer for work to be performed later in the month. The customer is billed for the remaining amount after the work is complete, and the customer’s payment is recorded.

A

Revenue recognition principle

S

Thomas Company provides earnings information to investors at the end of every quarter.

A

Time period assumption

S

The accounting records of Thomas Company are in dollars, not euros, although the Ohio-based company is owned by a German firm.

A

Monetary unit assumption

Explanation:

5 0
1 year ago
Suppose that you inherited some 2.25% US Treasury bonds from your grandfather that mature in 2027. Although they were originally
zubka84 [21]

Answer:

we will sell bond and invest for better investments

Explanation:

we know here that Yield on Treasury Bond of Grandfather =  2.25%

so we believe interest rate will be continue for rise

Bond are valued = $950

so we  the Bond and invest the proceed for better interest rate

and

we know  Grandfather bond price will be decrease if rate increase as that we predict

because we know  Bonds prices and the interest rate is inversely proportional to the each other

so as that  if interest rate increases Bonds prices will be decrease

and the Vice Versa

so that we will sell bond and invest for better investments

because here if once the interest rate increase then he will selling point regarding for Bond and price will be fall

8 0
2 years ago
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