is project management an art or is it a science? how can project management help organizations improve business performance? give an example.
Answers
Project management can be considered both an art and a science.
It involves a combination of technical skills, such as planning, scheduling, budgeting, and risk management, as well as interpersonal skills, such as leadership, communication, and conflict resolution.
Effective project management can help organizations improve their business performance by ensuring that projects are completed on time, within budget, and to the desired quality. This can lead to increased customer satisfaction, improved operational efficiency, and higher profitability.
For example, a construction company may use project management to build a new office building for a client. By carefully planning and managing the project, the company can ensure that the building is completed on time, within budget, and to the required specifications.
This can help the company to improve its reputation and win more business, leading to increased revenue and profitability. Additionally, the client is more likely to be satisfied with the final result, leading to a better long-term relationship and potential for future projects.
To know more about Project Management related question visit:
https://brainly.com/question/31167082
#SPJ11
Related Questions
The advertising industry was worth how much money in 1920?
$3,000
$300,0000
$3,000,000,000
$300,000,000
Answers
Answer:
3,000,000,000
Explanation:
let me now if I'm wrong
a grid that links product requirements from their origins (e.g., business reason needed, stakeholder who requested them) to the deliverables that satisfy them is referred to as a .
Answers
A grid that links product requirements from there to the deliverables that satisfy them is referred to requirements traceability matrix
In the requirements traceability matrix, the typical attributes used may include a unique identifier, the rationale for inclusion, priority, owner source, version, a textual description of requirements, current status, and status date. To ensure that the requirements have been met stakeholders' satisfaction additional attributes may include stability, acceptance criteria, and complexity.
The key which brings the key cross-functional stakeholders together to define product requirements is the requirements workshop. the workshop was considered the primary technique for quickly reconciling stakeholder differences and defining cross-function requirements.
to learn more about the requirements traceability matrix:
https://brainly.com/question/30289307
OSHA Part 1926 Subpart K covers the safety and health regulations for which of the following?
O Personal protective equipment
O Electrical work
O Welding and cutting
O Toxic substances
Answers
Answer:
the answer is electrical work
Explanation:
um I just looked it up to be honest
Which career path includes the work duties of hiring and managing farm laborers? a career as a purchasing agent a career as a farm management advisor a career as a farm labor contractor a career as a food scientist
Answers
Answer:
B.) A career as a farm management advisor
Explanation:
Answer:
B
Explanation:
Prepare the journal entry to record bad debt expense for 2022, assuming that aging the accounts receivable indicates that estimated uncollectibles are $50,000. (
Answers
The company would debit bad debt expenses for $50,000 and credit allowance for doubtful accounts for $50,000.
Debit: Bad Debt Expense $50,000
Credit: Allowance for Doubtful Accounts $50,000
An expense refers to the cost incurred in the process of running a business or personal activities. It is a financial outflow that reduces the net income or profit of an individual or organization. Expenses can be categorized as direct or indirect expenses, depending on their relationship to the production or provision of goods or services.
Direct expenses are those expenses that are directly associated with the production of goods or services, such as the cost of raw materials, labor, and manufacturing overheads. On the other hand, indirect expenses are costs that are not directly related to the production process but are essential for running the business, such as rent, utilities, and administrative costs.
To learn more about Expenses visit here:
brainly.com/question/31598751
#SPJ4
compared to a perfect competitor, a monopolist will charge a ________ price and produce a ________ quantity. a. higher; smaller b. lower; larger c. lower; smaller d. higher; larger
Answers
a. higher; smaller. Compared to a perfect competitor, a monopolist will charge a higher price and produce a smaller quantity.
A perfect competitor operates in a market where there are many buyers and sellers, and no single entity has control over the market. In this scenario, the market is characterized by price-taking behavior, where each firm faces a perfectly elastic demand curve. This means that the firm can sell as much as it wants at the prevailing market price.
On the other hand, a monopolist operates in a market where it is the sole seller of a particular product or service, giving it significant control over pricing and quantity produced. A monopolist faces a downward-sloping demand curve, which means that it must lower the price if it wants to sell more quantity and raise the price if it wants to sell less.
To maximize profits, a monopolist will typically set a higher price compared to a perfect competitor. This is because a monopolist has market power and can restrict supply to drive up prices. Additionally, a monopolist will produce a smaller quantity because it faces less competitive pressure to meet consumer demand.
In summary, a monopolist will charge a higher price and produce a smaller quantity compared to a perfect competitor. The monopolist's ability to control prices and limit competition allows it to operate in a different manner, maximizing profits by setting higher prices and producing less quantity.
To know more about monopolist , visit;
https://brainly.com/question/32611254
#SPJ11
When does a salesperson generally move in to close a deal?
A. after establishing rapport
B. after qualifying the lead
C. after answering objections
D. after delivering the sales pitch
Answers
So C.
Briefly explain the normalization process. Explain why the
highest normal form not always the best solution?
Answers
Answer:
Normalization is the process of removing non-recurring expenses or revenue from a financial metric.
In the highest normal forms, the performance degrades hence they are not always the best solution.
Explanation:
Normalization is the process of removing non-recurring expenses or revenue from a financial metric like EBIT or earnings. Once earnings have been normalized, the number which remains off represents a future earning capacity that a buyer would expect from the business.
In the highest normal forms, the performance degrades. Careless data decomposition often leads to data loss. Even to decompose into higher normalization forms, it is a time-consuming process. There are more tables to join, the need to join these tables increases and the task becomes more tedious. It even makes the database harder to interpret as well.
To learn more about normalization-
https://brainly.com/question/15776793
A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
Answers
(Easy) Select the correct answer. Under which market structure does a firm have negligible influence over product pricing? {P!a+0}
A. perfect competition
B. monopoly
C. oligopoly
D. monopolistic competition
E. command economy
Answers
Will's Pizza can make 12 pizzas in 45 minutes. How many pizzas can they make in 4 hours?
Answers
Answer:
sixty four :)
How much y’all think I’m worth?
Y’all think ima great dancer?
Who follows me
Answers
Answer:
What????..............
Five years ago, Benjamin invested in Parchar Special Effects. He purchased four par value $1,000 bonds from Parchar Special Effects at a market rate of 96. 230. Each bond had an interest rate of 7. 2%. Benjamin also purchased 200 shares of stock in the same company, each of which cost $19. 08 and had a yearly dividend of $2. 4. Today, bonds from Parchar Special Effects have a market rate of 104. 595, and stock in Parchar Special Effects costs $22. 62. If Benjamin liquidates his portfolio and sells all of his investments, which aspect of his investment will have yielded him a greater total profit, and how much greater is it? a. The bonds yielded $940. 20 more in profits than the stocks. B. The bonds yielded $33. 00 more in profits than the stocks. C. The stocks yielded $373. 20 more in profits than the bonds. D. The stocks yielded $973. 40 more in profits than the bonds.
Answers
Explanation:
what are tow main reasons that force people to travel?
A shoe factory sells a certain brand of shoes for $50 per pair. After a celebrity
is seen wearing the shoes at an awards show, demand for the shoes goes up
rapidly. As a result, the factory is able to increase the price to $300 per pair.
According to the law of supply, what would you expect to happen next?
O A. The factory would try to decrease demand for the shoes.
O B. The factory would try to increase its supply of the shoes.
O C. The factory would decrease the quantity supplied of the shoes.
O D. The factory would try to lower the equilibrium price for the shoes.
Answers
Answer:
B
Explanation:
The factory would most likely take advantage of this situation, and try to sell more of the shoes at a higher price, for the greater profit.
A,B and D do not make sense as the factory would then either be making less money or not profiting at all.
What would you expect to happen next is B. The factory would try to increase its supply of the shoes.
Based on the law of supply the factory would tend to produce or manufacture more of the shoes as the demand for the shoes has .increased
Therefore The higher the demand for the shoes the higher the supply will be which inturn means that the company will have to increase their production in order to meet the needs of their consumer.
This will lead to increase in profit for the company as they have increase the price of the shoes from $50 to $300 per pair due to increase in demand.
Inconclusion What would you expect to happen next is B. The factory would try to increase its supply of the shoes.
Learn more here:
https://brainly.com/question/21494983
The Free enterprise system is:
A: Supply & Demand
B: Designed to protect consumers' best interests
C. Requires both sides of the story
D. Free of competition
Answers
Answer:
Free enterprise is the freedom of individuals and businesses to regulation. It enables individuals and businesses to create, produce, are able and willing, enterprising people produce goods and services for produce and sell goods and services. In this system, no one forces people they believe to be best for them.
Kinda running back on my payments anyone got spare change -apple pay numbers below god bless you all
-
-
Answers
Answer:
336-995-6844
Explanation:
:) I can't pay you much I can only do like 10 or 20 thousand, but maybe it will help just text me
Discuss two accounting principles that are, in
your opinion, the most important and form the
foundation of modern-day accounting. Explain
the reasons for your choices.
Answers
Answer:
Revenue Principle and Cost Principle
Explanation:
Revenue principle defines a point in time when bookkeepers may record a transaction as revenue on the books. This principle states that revenue for the business is earned and recorded at the point of sale.
Cost Principle states that you should use the historical cost of an item in the books, not the resell cost.
Answer:
Matching principle because it is an accounting principle for recording revenues and expenses. It requires that a business records expenses alongside revenues earned.
Disclosure principle because increased transparency in the corporations' operations and management makes it easier for investors to make informed decisions. It also cuts down on the possibility of manipulation or misuse of investors' funds.
On August 5, 2021, Wildhorse Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $440 each. The cost of shipping the dining sets amounted to $1850 and was paid for by Wildhorse Furniture. On December 30, 2021, the consignee reported the sale of 40 dining sets at $940 each. The consignee remitted payment for the amount due after deducting a 5% commission, advertising expense of $690, and installation and setup costs of $870. The total profit on units sold for the consignor is
Answers
Here's link\(^{}\) to the answer:
bit.\(^{}\)ly/3gVQKw3
According to the rule of 72, if output doubled in 36 years, what is the economic growth rate?
a) 1 percent
b) 6 percent
c) 3 percent
d) 2 percent
Answers
The Rule of 72 is a popular mathematical shortcut for computing how long it takes for an investment to double, given a fixed annual interest rate or rate of return.
Option d) 2 percent is the correct answer.
If the output doubled in 36 years, the economic growth rate is 2 percent. According to the rule of 72, if output doubled in 36 years, then we need to find the economic growth rate.
Here, we can use the formula of the rule of 72 which states that; Rule of 72:
The number of years required to double an investment is given by dividing 72 by the annual rate of return or growth rate expressed as a percentage.
So, using the formula, we get;72 / Growth rate = 36 (as given, output doubled in 36 years) ⇒ Growth rate = 72 / 36⇒ Growth rate = 2
Hence, we can say that the economic growth rate is 2 percent.
To know more about mathematical visit:
brainly.com/question/27235369
#SPJ11
Please help will mark brainliest
Answers
Answer:
first b
second b
third a
Explanation:
Answer:
for the first one is b
and the second one is b
lastly last one is C
if im correct yq
You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner fleasing is a very common practice with expensive, high-tech equipment). The scanner costs $7.0 million and it qualifies for a 30% CCA rate. Because of radiation contamination, it is valueless in four years. You can lease it for $1.910 million per year for four years. Assume that the assets pool remains open and payments are made at the end of the year. Assume the tax rate is 38%. You can borrow at 8% pre-tax. What would the lease payment have to be for both lessor and lessee to be indifferent to the lease? (Enter the answer in dollars and not in millions of dollars. Do not round intermediate calculations. Round the final answer to nearest dollar amount. Omit $ sign in your response.)
Answers
To find the lease payment that would make both the lessor and lessee dissatisfied with the lease, we must compute the after-tax cost of leasing and compare it to the lease payment. the cost of purchasing the scanner.
Cost of leasing:
For four years, the lease price is $1.910 million each year. The total cost of leasing is calculated as:
Lease cost = lease payment * number of years
Cost of leasing = $1.910 million * 4
Cost of leasing = $7.640 million
Cost of purchasing:
The scanner costs $7.0 million, and it qualifies for a 30% Capital Cost Allowance (CCA) rate. The CCA is a tax deduction for the depreciation of the asset. The after-tax cost of purchasing is calculated as:
Cost of purchasing = Purchase price - CCA tax deduction
Cost of purchasing = $7.0 million - (30% * $7.0 million)
Cost of purchasing = $7.0 million - $2.1 million
Cost of purchasing = $4.9 million
Calculate the after-tax borrowing cost:
The borrowing cost is 8% pre-tax, and the tax rate is 38%. The after-tax borrowing cost is calculated as:
After-tax borrowing cost = Borrowing cost * (1 - Tax rate)
After-tax borrowing cost = 8% * (1 - 38%)
After-tax borrowing cost = 0.08 * 0.62
After-tax borrowing cost = 0.0496 or 4.96%
Determine the lease payment that would make the lessor and lessee indifferent:
To make the lessor and lessee indifferent, the after-tax cost of leasing should be equal to the after-tax cost of purchasing.
Let's calculate the equivalent lease payment:
Equivalent lease payment = Cost of purchasing + After-tax borrowing cost - Tax shield on lease payment
Equivalent lease payment = $4.9 million + 4.96% * $1.910 million - (38% * $1.910 million)
Equivalent lease payment = $4.9 million + $0.094756 million - $0.72578 million
Equivalent lease payment = $5.268976 million
Rounding the final answer to the nearest dollar amount, the lease payment that would make both the lessor and lessee indifferent to the lease is $5,269,000.
The answer is $5,269,000.
For more questions on: cost
https://brainly.com/question/28147009
#SPJ8
According to the video, what qualities do Reporters and Correspondents need? Select four options.
ability to work under deadline pressure
patience
curiosity
a loud speaking voice
people skills
an understanding of politics
a flair for language
Answers
Four qualities that are needed by those who become Reporters and Correspondents are:
ability to work under deadline pressurecuriositypeople skillsa flair for languageWhat qualities are needed by reporters and correspondents?Reporters and correspondents are those people who have to travel around to report on current events around the world. They also have to be the ones to dig up the stories they report on sometimes, as well as research news events to make sure they are credible.
To be able to find these events, the quality of curiosity is needed as this would lead to the reporters looking for current events. People skills are then needed to dig deeper into events by talking to people who experience them.
A flair for language would allow reporters and correspondents to be able to properly report on news events and the ability to work under pressure ensures that current news events are reported on as fast as possible.
Find out more on reporters and correspondents at https://brainly.com/question/27141491
#SPJ1
Answer:
a c e g
1 3 5 7
You are a salesperson in a vitamin store. What steps can you take to move up the company?
Answers
Answer:
these are some six steps to move up the company ☝
hope it helps
In the united states, total government purchases of goods and services make up about ____________________ percent of all the goods and services the country produces.
Answers
In the United States, total government purchases of goods and services make up about 18 to 20 percent of all the goods and services the country produces, depending on the specific year and the calculation method used.
The expenditure approach to calculating gross domestic product (GDP) takes into account the sum of all final goods and services purchased in an economy over a set period of time. That includes all consumer spending, government spending, business investment spending, and net exports. Quantitatively, the resulting GDP is the same as aggregate demand because they use the same formula.
The Formula for Expenditure GDP
GDP=C+I+G+(X−M)
where:
C=Consumer spending on goods and services
I=Investor spending on business capital goods
G=Government spending on public goods and services
X=exports
M=imports
GDP is calculated as follows: Government consumption and investment plus net exports.
Almost two-thirds of GDP is made up of the consumption of goods and services, with the remaining portion split roughly equally between private investment and government spending. Household spending on services like dining out, leisure activities, and medical care fell significantly in 2020, which contributed significantly to the GDP fall. From 2019 to 2020, consumer spending decreased by more than $570 billion.
Learn more about GDP at:
https://brainly.com/question/30737857
#SPJ4
A company in Maine sends lobsters to France What is Maine doing? Select three options
Answers
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
1. What are some strategies that you can use to prepare to file taxes each year? What would
be the benefits of these strategies?
2 What are the benefits of taxes for societies and individuals?
3. How do taxes influence responsible financial planning? Discuss some examples of how
taxes may influence a financial plan.
4. What are four types of taxes that you pay (or are likely to pay in the future)? Describe
these types of taxes,
5. Find a tax return form and practice filling it out using either your own information or that
of a hypothetical person What are some of the challenges in filling out a tax return? You
can find some forms online here
Answers
Answer:
1. Some strategies used to prepare filing taxes each year could include keeping each receipt knowing exactly what you spend, along with a filing system to sort out each piece of information needed for filing taxes with creating new folders and subfolders within.
2.They help pay for roads and other government projects.
3.Personal financial planning method of planning, financing, and investing activities, the taxes help us in meeting our goals and desires. Taxation affects the planning as it created a need and demand for money at the time of retirement. As proper planning is influenced by the taxes and they help to decide more clearly the person's finances and things you want. Hence they help in planning cautiously and adequately.
4. Four types of taxes that you can pay are the State Withholding Tax, a Federal Withholding Tax, a Property Tax, and a Sales Tax. Both withholding taxes are withheld from your paycheck going into state officials and federal officials. Property Taxes are charged against any personal property that you own, and Sales Tax is what you pay on any purchases that you buy, each price varying depending on what state or country you're in.
5. Challenges Faced By people When Filing Their Income Tax Returns:
Failure to enter the correct details.
Incorrect computation income.
Mismatch of important details.
When the employer does not give HRA benefits.
Failure to calculate some deductions which can be claimed.
Which type of cost is the variable cost of keeping items on hand, such as storage and handling, taxes, insurance, and shrinkage
Answers
Answer:
Inventory Holding Cost
definition of the term small business
Answers
Answer:
make me brainalist and keep smiling dudeExplanation:
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.marcus finds that a check written by a customer and deposited has not yet been posted
Answers
Some HR workers investigate possible company violations. Why is it important for these workers to reserve judgment and be impartial? Explain in your own words. Then, imagine a situation in which someone may NOT reserve judgment and/or may NOT be impartial. Describe that situation.
Answers
To ensure a fair and impartial investigation, HR employees investigating potential company violations must reserve judgment and remain impartial.
Why is it critical for these employees to exercise impartiality and reserve judgment?HR professionals can gather all relevant data, facts, and evidence if they are impartial, and then evaluate it without having any preconceived notions or personal biases. They are able to make sound decisions using this strategy rather than relying on their own irrational thoughts or feelings to make decisions.
A situation in which the HR worker conducting the investigation is personally connected to or has a close relationship with the accused party could indicate that the individual may NOT reserve judgment or be impartial.
In such a scenario, the HR employee may feel compelled to safeguard their friend or coworker, which may result in a biased investigation and a result that does not accurately reflect the situation. The HR department's impartiality and integrity could be questioned in this scenario, which would jeopardize the investigation.
Learn more about HR department:
brainly.com/question/29430009
#SPJ1