Answer:
the project fits to the organization strategy.
Explanation:
A project can be defined as a set of actions which typically involves the process of designing, developing, planning, execution and implementation of these plans for the creation of a product or creative work.
There are various criteria that are to be considered when selecting a project and these are;
1. Availability of resources.
2. Probability of success.
3. Economic policies.
4. Target market.
5. Availability of data and capital.
Regardless of the criteria differences among different types of projects, typically the most important criterion for project selection is to determine if the project fits into the organization's strategy.
This is to ensure that the aim, goals, and objectives defined by the organizational strategy is in tandem with the project before it would be selected and approved by the top executives or senior management of an organization.
The total length of cable that is needed for the installation of the lighting in the new apartments is calculated by multiplying the number of apartments and the length of cable needed for each apartment. The calculation is shown below.
L = (12 apartments)(60 m/apartment) = 720 meters of cable
As given in the problem, each spool holds 100 meters of cable. The number of spools needed is therefore calculated by dividing the total length by the length of cable per spool as shown below.
S = (720 meters of cable) / (100 meters/spool)
S = 7.20 spools
Hence, the smallest number of new spools that Ted will need for this job is equal to 8 spools.
Answer:
d. The cash budget must be prepared prior to the sales budget because managers want to know the expected cash collections on sales made to customers in prior periods before projecting sales for the current period.
Explanation:
- From the statements the cash budget must be prepared in advance to the sales budget is not corrects. As the sales budget is prepared first and it establishes a format for the budget that is critical for the company successes and it thus consists of the different elements that depend in how a business is organized.
Answer:
1.
c. Many
d. Differential
c. Monopolistic Competition
2
b. Few
c. Identical
a. Oligopoly
3
a. One
a. Unique
d. Monopoly
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms.
An example of a monopoly is a utility company
It is only the drug company that is permitted to sell the drug. So, it is the only firm in the industry. Also, it is the only firm that offers experimental AIDS drug, so its product is unique.
An Oligopoly is when there are few large firms operating in an industry. In the cab industry, it is a duopoly that exists. This is a type of oligopoly where there are only two firms in the industry. Consumers do not care about the cabs they enter or the different services offered by the companies, so, the product is identical
Answer:
$19,215.65
Explanation:
To the determine the amount to be invested, we have to find the present value of $22,000 at 7%
P= FV ( 1 + r) ^-n
FV = Future value = $22,000
P = Present value
R = interest rate = 7%
N = number of years = 2
$22,000(1.07)^-2 = $19,215.65
I hope my answer helps you
