Answer:
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Answer:
opportunity cost
Explanation:
The opportunity cost is the cost that is incurred for purchasing any other thing in place of one thing or we can say it is a sacrification done to purchase another thing
Here in the question it is mentioned that the Lil spent $120 for purchasing a new sweater instead of buying her finance textbooks also the cost of buying the sweater is known as the non doing textbooks cost
So here it is a opportunity cost
Answer:
Two structures that the company can use:
Functional structure: this is the most common type of organizational structure, and it might be the one that company XYY already uses.
In this structure, the firm is divided among departments that have a specific role, or function.
The most basic division would include a production department, a marketing department, a finance or accounting department, and a marketing department.
Flatarchy: a term that is a combination of the word "flat", and the word "hierarchy", it simply means "flat hierarchy".
This innovative organizational structure does not really promote a specific hiearchy or division, and instead, all employees work closely together for a common goal, in a attempt at building a more colaborative and holistic approach.
Answer:
The correct answer is: scope.
Explanation:
Earned Value Management (<em>EVM</em>) is a helpful method that allows high-rank executives to measure the performance of their projects. It analyses the difference between the work planned in the project with the work performed. The three pillars of EVM are <em>scope, time, </em>and <em>cost information</em>. The scoping process implies a Work Breakdown Structure (<em>WBS</em>) where the initial plan is broken into micro levels for better analysis.
