Answer:
Projects will be run by the functional organization and project managers expedite change control.
Explanation:
A project management office or PMO is a department within an organisation that is tasked with maintaining the standard of project management. They also make sure there is economies of repitition in project execution (ensure success of projects is replicated).
In the given scenario if project managers report to the head of a PMO it means that the project management team is independent of the functional organisation.
So the statement - Projects will be run by the functional organization and project managers expedite change control.
Is false.
The first step must his company take to achieve this goal is: earn profit.
<h3>What is profit?</h3>
Profit is what a person gain from the sell of products after deducting their expenses and other production cost.
In order for the company to achieve their set goals which is to fulfil the economic foundation business they need to first of all earn profits from their business.
Therefore the company needs to earn profit.
Learn more about profit here:brainly.com/question/24553900
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Answer:
unit of account, a store of value, and a medium of exchange.
Explanation:
Functions of money
1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $20 for your favourite jeans
2. Unit of account : money can be used to value goods and services, For example, $20 is the value of your favourite jeans
3. Store of value : money can retain its value over the long term, this it can be used as a store of value
Answer:
A. becomes a variable cost
Explanation:
Fixed costs are the expenses that remain constant in a period. During the period under review, fixed costs do not change regardless of the level of output. Fixed costs are mostly made up of overheads such as rent , depreciation, and administrative salaries.
Fixed cost remains constant in a particular financial year. In the long run, business budgets and projections tend to change, resulting in changes to the fixed cost. In other words, in the long run, fixed costs will change. Therefore, in the long run, all costs are variable expenses.
