Techniques for compressing the schedule include Crashing and Fast Tracking. You use them to shorten your timetable and to meet a specific scheduling objective. Fast-tracking entails carrying out two tasks concurrently, even though they wouldn't typically be.
How does fast-tracking differ from crashing to compressing a project schedule?
In conclusion, the distinctions between crashing and fast tracking are as follows: Fast-tracking entails running tasks simultaneously, whereas crashing entails adding resources to a project. The increased danger is associated with quick tracking, but the increased expense is associated with crashes.
What limitations could there be with each of crashing and fast-tracking?
Fast-tracking is free but increases the risk associated with your project. Adding more resources to your project is referred to as "crashing." Having a crash costs more money. To compress your calendar the most while spending the least amount of money, you should crash such activities. method:
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Gerald is assessing global entry strategies for his gourmet sandwich business. He does not want to take a lot of risk and he is willing to limit his control of international stores. Gerald will likely use a(n) __________ strategy.
Select one:
a. direct investment
b. franchising
c. exporting
d. joint venture
e. strategic alliance
Answer:
b. franchising
Explanation:
For a food business like a gourmet sandwich business, the best global entry strategy Gerald will likely take that involves low risk and limit in control of international store is franchising strategy.
Franchising, which involves a contract that allows one company to use the brand and concept of another company, guarantees getting customers and retention of customers. The image of the product offered would be created in current and potential customers
.
Answer:
Inventory turnover = 4.64
Explanation:
Below is the calculation for inventory turnover:
Cost of goods sold = $9505 million
Ending inventory = $2173 million
Average inventory = $2049
Now use the below formula to find the inventory turnover:
Inventory turnover = Cost of good sold / Average inventory
Inventory turnover = $9505 / $2049
Inventory turnover = 4.64
Thus the inventory turnover is 4.64.
Question:
The market for hot dogs on the streets of New York City can be considered close to a perfectly competitive market. Because there are so many individuals buying and selling hot dogs:
A) there is a shortage of hot dogs
B) there is a surplus of hot dogs
C) market forces set the price in the market
D) firms are able to make large economic profits
E) firms cannot make positive accounting profits
Answer:
The correct answer is C.
Explanation:
Perfect competition is a market/ industry situation where there are numerous companies producing similar or perfect substitute products. Also, in the same market, none of the players is large enough to single-handedly influence the market especially with respect to price.
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