Answer:
Normal conditions not applying.
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 includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time to interact with the design engineers after the design is completed is a good example of normal conditions not applying because it follows the discretion of the manager or team involved.
Answer: According to the sticky-wage theory of aggregate supply, nominal wages at the initial equilibrium are <u>EQUAL TO</u> nominal wages at the short-run equilibrium resulting from the increase in the money supply, and <u>LESS THAN</u> nominal wages at the long-run equilibrium.
Intellectual property falls into a category of property known as intangible rights, which are not tangible physical object.
Due to being intangible they can transfer information to another business or person but it has no physical being. Software design, brands, trademarks, domain names are some examples of intangible and intellectual property.
-4.45%
Real interest rate is the nominal interest rate minus the rate of inflation:
7.85-12.3 = -4.45%
Answer: The selling price would be $378,240.