Answer:
The correct answer is the second option: to monitor the progress of a multi-step project during its development.
Explanation:
To begin with, a <em>"Program Evaluation and Reviews Techniques"</em> or PERT as it name indicates it refers to an stadistic technique by which the companies can follow the process of certain projects that they are having currently. Moreover, its main purpose is to manage and analyze the steps that a project has in order to make them less susceptible to errors. In addition to that, its main factor to observe is the time during the steps of the project. Nowadays is very common to use a tool like this in major companies.
Answer:
Accounting rate of return, also known as the Average rate of return, or ARR is a financial ratio used in capital budgeting. The ratio does not take into account the concept of time value of money. ARR calculates the return, generated from net income of the proposed capital investment. The ARR is a percentage return. Say, if ARR = 7%, then it means that the project is expected to earn seven cents out of each dollar invested (yearly). If the ARR is equal to or greater than the required rate of return, the project is acceptable. If it is less than the desired rate, it should be rejected. When comparing investments, the higher the ARR, the more attractive the investment. More than half of large firms calculate ARR when appraising projects.
Explanation:
hope this helps
Answer:
Explanation:
I think your question is missed of key information, allow me to attach the photo question below.
The quantity demanded is 30 units when the price is 60, we use the reconciliation method on the demand line.
Answer:
0.88 years
1 year
Explanation:
Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.
For project A:
Amount invested = $-22,000
Amount recovered in year 1 = $-22,000 + $25,000 =$-3000
The amount invested is recovered In 22,000 / $25,000 = 0.88 years
For project B:
Amount invested = $-22,000
Amount recovered in year 1 = $-22,000 + $22,000 = 0
The amount invested is recovered in a year
I hope my answer helps you
Answer: For Manpower allocation
For effective cost management/Budgeting.
Explanation:Human Resource function is a management activity that regulates the processes involved in planning, recruitment, allocation, training, compensation and ensuring that the organization performs effectively.
HR function should be aligned with an organization's strategic plan to ensure PROPER MANPOWER ALLOCATION (this will ensure the right person,persons with the needed skills are recruited and allocated).
Effective cost management/Budgeting(this will ensure that manpower allocation shall be based on the strategic budget by management)
