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NNADVOKAT [17]
2 years ago
12

A robust ______________ can go a long way to reducing project problems over the life of the project and will establish how, when

and to whom information must be supplied.
Business
1 answer:
AysviL [449]2 years ago
4 0

Answer:

Communication plan.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The fundamentals of Project Management are considered universal across most businesses and professions.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

A communication plan can be defined as a project plan which explicitly outlines or states the set of people who needs an information, when it is delivered and what communication channel should be used to deliver the information to the stakeholders.

Hence, a robust communication plan can go a long way to reducing project problems over the life of the project and will establish how, when and to whom information must be supplied.

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An international firm considering foreign expansion should take into account that: a) the timing and scale of entry of foreign e
Alchen [17]

Answer: c) if the firm's core competence is based on proprietary technology, entering a joint venture might risk losing control of that technology.

Explanation:

When firms expand into international markets, it is a standard practice to partner with a local company that already has expertise in the market to enable an easier transition.

This creates a problem however because in partnering with the company, the competitive advantage that the company holds could be at risk. This is even more so if the competitive advantage is based on proprietary technology and by entering into a partnership and giving another company access to that technology, there is a risk that control could be lost.

7 0
2 years ago
Here are data on two companies. The T-bill rate is 4.8% and the market risk premium is 5.9%. Company $1 Discount Store Everythin
tiny-mole [99]

Answer and Explanation:

The computation of the fair return for each company is shown below:

Fair Return = Risk free rate of return + Beta × market risk premium

= 4.8 + 1.6 × 5.9  

= 14.24%

Now  

Everything $5 is

= 4.8 + 1 × 5.9

= 10.7%

Hence, the same should be considered

8 0
1 year ago
A firm is experiencing a loss of $5,000 per year. The firm has fixed costs of $8,000 per year.a. Should the firm operate in the
kramer

Answer:

(a) Continue to operate.

(b) Shut down

(c) Continue to operate.

Explanation:

(a) It is given that the firm will experiencing a loss of $5000. Therefore, it means that a loss of $5,000 is borne by the producer of the fixed cost. It is a portion of fixed cost but the firm will continue to operate in the short run if it covers all of the variable cost in the short run.

(b) The firms in the long run try to cover all of its variable and fixed cost. If this situation persists then this firm unable to cover its all costs. Therefore, the firm will shut down its operation and go out of the business.

(c) Now, if the firm’s fixed costs are $2,000.

There is a reduction in the fixed cost by $6,000

Previously firm able to cover = $8,000 - $5,000

                                                = $3,000

It means that it cover its fixed cost and hence, the firm will operate in both short run and long run.

4 0
2 years ago
Companies using LIFO are required to disclose the amount at which inventory would have been reported had it used FIFO. Similarly
Irina-Kira [14]

Answer:

True

Explanation:

LIFO is in fact, only allowed to be used in the United States, because under the new IFRS (International Financial Reporting Standards), the used of LIFO has been prohibited.

The reason for this, is that LIFO inflates the value of inventory, because the (usually) lower cost of old inventory is what is reported.

This is why companies using LIFO are obliged to report the hypothetical value of the inventories had they used FIFO.

8 0
2 years ago
An elected official is: A: appointed to his job. B: voted into her job. C: assigned a job by a superior. D: anyone who works for
Natalka [10]
Voted into her job.
6 0
2 years ago
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