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Yuliya22 [10]
3 years ago
9

According to PMI, a project is __________. a. a performance or time target for each major group of activities in a project b. a

temporary endeavor undertaken to create a unique product, service, or result reducing the time it takes to perform certain activities c. the application of knowledge, skills, tools and techniques to project activities to meet project requirements d. None
Business
1 answer:
BARSIC [14]3 years ago
5 0

Answer:

B. a temporary endeavor undertaken to create a unique product, service, or result reducing the time it takes to perform certain activities

Explanation:

According to PMI, a project is a temporary endeavor undertaken to create a unique product, service, or result." Unlike other business activities, a project has a clear starting point and ending point, after which the people and resources dedicated to the project are reassigned.  PMI is a project management association, which develops a standard for project, program, people, organization, etc. Also, they provide world- recognized certification.

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________ refers to the impaired decision making that occurs in a team when making the right decision is less important than main
aleksandrvk [35]

Answer:

competition

Explanation:

team members be competing against each other

5 0
3 years ago
Suppose that an initial $10 billion increase in investment spending expands GDP by $10 billion in the first round of the multipl
Fynjy0 [20]

Answer:

If GDP and consumption both rise by $6 billion in the second round of the process, what is the MPC in this economy?

  • MPC = 0.8

What is the size of the multiplier?

  • multiplier = 2.5

If, instead, GDP and consumption both rose by $8 billion in the second round, what would have been the size of the multiplier?

  • multiplier = 5

Explanation:

Since the change in consumption is $6 billion, and the initial expansion in investment was $10 billion, the marginal propensity to consume (MPC) = expansion in consumption / initial expansion = $6 / $10 = 0.6

the economy's multiplier = 1 / (1 - MPC) = 1 / (1 - 0.6) = 1 / 0.4 = 2.5

If both the economy and the GPD had expanded by $8 billion, the MPC = $8 / $10 = 0.8, so the economy's multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5

Another way to determine the multiplier = 1 / MPS (marginal propensity to save), since MPS = 1 - MPC

3 0
3 years ago
Lin Wai's company, New Home Builders Corp., specializes in designing homes that have wide hallways and walk-in showers that coul
love history [14]

Answer:

strengths

Explanation:

A SWOT analysis includes strengths, weaknesses, opportunities and threats:

  • strengths: analyses what does your company do well and distinguish it from the competition.
  • weaknesses: analyses what are your company's weak spots and what does your competition do better than you.
  • opportunities: new situations that can favor your company.  
  • threats: situations that can negatively affect your company.  
8 0
3 years ago
Diminishing marginal utility of wealth implies that the utility function. Group of answer choices
yan [13]

Answer:

c. has decreasing slope and a person is risk averse.

Explanation:

The marignal utility of wealth represent that the subsequent utility of the person wealth is not perceived as necessary/joyful as the previous one.

This makes the slope of the utility function to go upward but at slower grow.

The first units of wealth produce a great improvement in utlity compared with the followings just like in any other good or service provided in the economy.

7 0
3 years ago
A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned
NikAS [45]

A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to : Purchase

<h3>What is Purchase Discount?</h3>

Purchase discount is deducted to the total purchases when computing for the net purchases. This account has a normal balance of credit and decreases the total amount of cost of goods sold.

<h3>What is Analytical procedures ?</h3>

Analytical procedures refer to study of significant ratios and past trends and investigating unusual fluctuations.

Under analytical review procedures, an auditor compares financial information of the current period with those of the previous periods, applying techniques of ratio analysis and investigating the causes of unusual fluctuations and deviations.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to:

a. accounts payable

b. notes payable

c. purchases

d. sales discounts

Learn more about Analytical procedures on:

brainly.com/question/16370850

#SPJ4

8 0
2 years ago
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