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Olenka [21]
3 years ago
5

What are the potential advantages when an organization can ask a meeting professional to serve as project manager?

Business
1 answer:
Advocard [28]3 years ago
8 0
<span>The project management source that helps managers at all levels, improves their performance. We provide an important fact base for those involved in managing projects of all kinds. With weekly exclusive updates, we keep you in touch with the latest project management thinking. It will advantage the reader hugely to have a sympathetic of at least the basic planning processes before undertaking the more detailed process of project organization. So it also will be useful for the reader to have some guidelines for conclusion Making and Problem Solving with the unique opportunity to ask some of the most gifted project leaders in the world on their Project Leadership response.</span>
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When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is
Sedaia [141]

When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is an Elastic Demand.

<h3>What is an Elastic Demand?</h3>
  • Elastic demand is measured by its percent of change in demand divided by its percent of change in price, provided all other factors remain the same.
  • If the change in price and change in demand is proportionate, the item is neither elastic nor inelastic.
  • An item has elastic demand if its demand changes more than its price changes.
  • For example, if two stores sell identical products of the same amount for different prices, incase of a perfectly elastic demand nobody would buy from the seller with higher priced product.

Learn more about Elastic Demand here:

brainly.com/question/14897348

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7 0
2 years ago
Read 2 more answers
a self-employed taxpayer may be eligible to deduct amounts paid for medical insurance for themselves and for their families, as
12345 [234]

A self-employed taxpayer may be eligible to deduct amounts paid for medical insurance for themselves and for their families, as long as neither they nor their spouse was eligible for employer-sponsored health insurance. This deduction claimed to Claim a non -refundable tax credit based on the cost of the insurance.

insurance is a settlement that transfers the risk of monetary loss from an individual or business to a coverage organization. They acquire small quantities of money from clients and pool that cash collectively to pay for losses. Coverage is split into essential classes: belongings and Casualty coverage (percent).

Coverage plans are beneficial to each person seeking to defend their family, property/property, and themselves from economic chance/losses: coverage plans will help you pay for clinical emergencies, hospitalization, contraction of any illnesses and treatment, and medical care required in the future.

In coverage phrases, the threat is the chance something harmful or unexpected ought to appear. This might involve the loss, theft, or harm of precious assets and assets, or it may involve someone being injured.

Learn more about insurance  here brainly.com/question/25855858

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7 0
1 year ago
The Terme Corporation is contemplating the purchase of new equipment, which may potentially increase revenues by 25%. Currently,
vekshin1

Answer:

The increase in gross profit is  $12,374.93

Explanation:

The increase in sales due to purchasing this new equipment is 25% of current sales figure of $750,000

increase in sales=$750,000*25%=$187,500

variable cost on the increase in sales is 55%=$187500 *55%=$103,125

The annual depreciation charge on the new equipment=cost of the new equipment-salvage value/useful life

cost of the new equipment is $357,500.37

salvage value is $0

useful life of the new equipment is 5 years

annual depreciation charge=($357,500.37-$0)/5=$ 71,500.07  

Increase/(decrease) in annual gross profit=$187,000-$103,125-$ 71,500.07  =$12,374.93  

4 0
3 years ago
Is absolute advantage or comparative advantage more important for trade?
boyakko [2]
Comparative advantage is more important for trade. Absolute advantage involves production at economical rate using the cheapest, fastest and lower inputs while comparative advantage refers to having the lower opportunity cost and sacrificing less in order to produce a particular good. Comparative advantage is better for trade because when companies focus on production of goods on which they have comparative advantage, total production in the economy will increase. 
6 0
3 years ago
Joan Kerry, an American national, worked as a senior manager in her firm's headquarters in New Jersey. When her firm opened a ne
Sidana [21]

Answer:

B) Subculture shock

Explanation:

Culture shock is where one feels out of place due to a difference in their present environment from their previous environment brought about by differences in the attitudes and practices of people in their present environment. Joan is clearly experiencing subculture shock since her feeling of disorientation stems from the difference in practices and attitudes of Californian people, fitting our description of subculture shock. It is "subculture" since the people in California are still Americans though different from New Jersey inhabitants. She is not experiencing segregation as we are not told that she is in any way receiving a different sort of treatment from others based on any grounds whatsoever.

3 0
4 years ago
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