What business are you in? The question sounds easy enough. ...
How will the business make money? ...
What does your business need to get off the ground? ...
What is the operating budget? ...
Who are your customers? ...
How will you reach your customers? ...
What sets you apart from the competition? ...
What are your strengths and weaknesses?
What business are we in? ...
What is the vision and mission of the company? ...
Who is our customer? ...
What does our customer value? ...
What is our target market? ...
What products and services do we provide? ...
What is our sales and marketing strategy?
The project manager will outline how to transfer the deliverables in operational status and formally close the project at the phase 3 meeting. So, the correct option choice for this question would be option (b).
<h3>Write a short note on project management.</h3>
Project management may be regarded as the process of overseeing a team's activity to complete all project objectives within the established parameters. Usually, explanations of this information are included in the project documentation that is created at the beginning of the development process. Scope, budget and time are the three basic constraints. The other issue is how to best distribute the required inputs while still using them to accomplish predetermined objectives.
To deliver a finished product that satisfies the client's needs is the aim of project management. Modifying the client's brief to better effectively accomplish the client's aims is typically the goal of project management. Once the client's objectives are known, they should direct all other project members' decisions.
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Answer:
the marginal revenue product of baseball players is greater than the marginal revenue product of college professors.
Explanation:
Baseball players are responsible for a baseball teams' revenues, and they add up billions of dollars per year. For example, Max Scherzer sells jerseys, caps and other merchandise for millions of dollars, and his team winning the World Series this year increases the team's revenue greatly. Sometimes even without winning a championship some players still generate lots of revenue.
An individual's salary should be proportional to the revenue that they generate. Colleges have huge amounts of revenue, and college professors are responsible for a large portion of it.
The problem hear is that there are a lot of college professors and assistants, and the revenue must be split between many people. For example, Harvard University's revenue is about $5.5 billion per year, but it has over 16,000 employees (including about 2,400 professors).