Answer:
a) Peterson International is a trenchcoat wholesaler to retailers around the world. Sixty percent of sales orders are taken during the months of August and September. Peterson needs a system to manage online ordering and fulfillment.
Explanation:
Outsourcing likely to be the best solution to the firm's data processing needs because Peterson International is a trenchcoat wholesaler to retailers around the world. Sixty percent of sales orders are taken during the months of August and September. Peterson needs a system to manage online ordering and fulfillment.
Answer:
The given option "Marketing" is the right choice.
Explanation:
- Marketing seems to be focused on thought about either the market regarding consumer expectations as well as satisfaction with them.
- It is different from selling, although selling is concerned with either the methods or strategies of convincing investors to exchange some currency for a certain commodity.
Some other options in question are not connected to something like the given scenario. And the above will be a good alternative.
Answer:
b. Market share ratio
Explanation:
When the sizes of firms of a particular sector/market are being compared, a common basis for comparison is on the basis of total sales, a larger firm will have a higher ratio of total sales in the sector.
The "concentration ratio" is derived from the market shares. It gives the sum of market shares of the few largest firms in the sector, and is a measure of market power. It is not the correct choice in this case.
Answer:
a letter grade in literature
Explanation:
Opportunity cost or implicit is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If i weren't studying economics, i would be studying literature. Thus by studying economics, i am forgoing the opportunity to study literature This is my next best option and thus my opportunity cost
Answer:
Explanation:
Governance process for managing projects and setting priorities
Standards of performance including consequences of non-performance
The main purpose of a Project Management Office (PMO) is to make sure that projects and programs are run in a repeatable, standardized way.
What Are The Functions of a Project Management Office (PMO)?
PMO is the backbone of a successful project management system at an organization. It provides decision support information, although it doesn’t make any decisions itself.
Governance
Transparency
Reusability
Delivery support
Traceability
