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2 years ago

A ________ is considered a planned activity to achieve a specific business objective.

Business

1 answer:

Nuetrik [128]2 years ago

5 0

A <u>project</u> is considered a planned activity to achieve a specific business objective.

Simply positioned, a project is a series of duties that need to be completed to reach a selected final result. A project can also be described as a fixed of inputs and outputs required to reap a selected purpose. Projects can range from simple to complicated and can be managed through one character or a hundred.

Project work is work that specializes in completing an assignment. venture paintings usually entail quite a few assets - time, human beings, and substances - and beginners' preparation more than a few competencies and language systems. A set of juvenile inexperienced person paintings on a task to expand a sequence of posters on how to defend the surroundings.

A project is a temporary undertaking with a starting and ending closing date this is made for growing some kind of tangible or intangible consequences. Many interrelated tasks are protected in a venture which is pre-planned and accomplished periodically beneath certain conditions related to value, excellence, and performance degree.

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You might be interested in

Based on their total sales forecast for the coming year, a company is expecting to incur $80,000 in material and subcontracts, $

skad [1K]

Answer:

Indirect material O/H expenses 12.5%

Indirect engineering O/H expenses 125%

Indirect manufacturing O/H expenses 220%

General and Administrative

expenses 10%

Explanation:

Computation of Indirect rate

Using this formula

Indirect rate=Expense pool/Allocation base

Let plug in the formula

Indirect material O/H expenses=$10,000/$80,000

Indirect material O/H expenses=0.125*100

Indirect material O/H expenses=12.5%

Indirect engineering O/H expenses=$125,000/$100,000

Indirect engineering O/H expenses=1.25*100

Indirect engineering O/H expenses=125%

Indirect manufacturing O/H expenses =$176,000/$80,000

Indirect manufacturing O/H expenses=2.2*100

Indirect manufacturing O/H expenses=220%

Computation for General and Administrative

expenses using this formula

Indirect rate=Expense pool/(Total of Expense pool +Total of Allocation base)

Let plug in the formula

General and Administrative

expenses=$57,100/[($10,000+$125,000+$176,000)+($80,000+$100,000+$80,000)]

General and Administrative

expenses=$57,100/($311,000+$260,000)

General and Administrative

expenses=$57,100/$571,000

General and Administrative

expenses=0.1*100

General and Administrative

expenses=10%

Therefore the Indirect rate are:

Indirect material O/H expenses 12.5%

Indirect engineering O/H expenses 125%

Indirect manufacturing O/H expenses 220%

General and Administrative

expenses 10%

5 0

3 years ago

In a small open economy, if consumer confidence falls and consumers decide to save more, then the real exchange rate:______. a.

bulgar [2K]

Answer:

D. Falls, and net export rises.

Explanation:

When consumers decide to save more in a given economy due to consumer's confidence falling, the net export rises as producers and sellers would seek alternative measures in trying to sell their goods and services. So they begin to export their goods and services in order to offset the decrease in demand for that good or service locally.

Also, real exchange rate will also fall. This is as a result of increase in exportation and reduction in the prices of export.

3 0

3 years ago

due to a recession, lauren was laid off by her organization. to avoid having lauren and other laid-off workers stop spending mon

Alchen [17]

Due to a recession, Lauren was laid off by her organization. To avoid having Lauren and other laid-off workers stop spending money and thus deepen the recession, <u>Unemployment Insurance</u> will help them maintain some income.

<h3>What is unemployment insurance? </h3>

Unemployment insurance (UI), also called unemployment benefits, is a type of state-provided insurance that pays money to individuals on a weekly basis when they lose their job and meet certain eligibility requirements.

Why in this situation, unemployment insurance will help them maintain some income?
This type of insurance, will cover people who lose their job but mainly it's not because employees's fault. One of the requirement is that these people lose their job because the condition at the market or recession in the whole country. While these people get laid off, so mostly it happens without any prior notice, they need help to cover their living expense. There, the unemployment insurance will help to cover their expenses while they are looking for a new job.

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6 0

1 year ago

A __________ is a written document that details the business idea, the target market and the business's competitive advantage, f

Alina [70]

Answer:

business plan

Explanation:

A<u> business plan</u> is a written document that details the business idea, the target market and the business's competitive advantage, financial resources available for the business, and the qualification of the management.

7 0

4 years ago

Consider the following game in which two firms decide how much of a homogeneous good to produce. The annual profit payoffs for e

inessss [21]

Answer:

Consider the following explanation

Explanation:

Context

Game theory involves two players. They have more than one option to decide. Pay off from each options adopted by two players are available. They have to select a strategy which will maximize their own return. But for optimizing their decision, they have to consider the action of his rival.

In this problem, two players are firm A and firm B. They have two strategies low output and high output. The strategies of firm a are measured in rows and for firm B in columns. They have to select a strategy which will maximize their payy off. Each cell has two pay offs. First one is for Firm A and second one is for firm B.

1. Dominant strategy is a strategy which will always give higher payoffs in comparison with pay off of other strategies. Consider first strategy of firm 1. If it adopts strategy of low output, then firm 2 can also adopt either strategy of low output or high output. In that case pay off of firm 1 will be 300 or 200.

Alteratively if firm 1 adopts high output then pay offs are 200 or 75. 200 is earned if firm B also go for low productivity. It is 75 if firm B adopts high productivity.

Now compare two payoffs side by side. Note that firm A has higher pay off in low output [300,200] in comparison with the pay off of high output [200,75]. So whatever strategy firm B adopts, Firm A will always go for low production. So low production strategy of firm A dominates high production strategy.

Same result is not observed for firm B. Pay off from low production strategy of firm B is [ 250,75]. Pay off from high production strategy are [100,100]. Now compare the two. If Firm A go for low production, then firm B will select low production. It will give pay off 250. Similarly when firm A decides for high production, then firm will also decide for high production. It will maximize its pay off. Amount is 100. Thus no strategy dominates for firm B.

5 0

3 years ago