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Artyom0805 [142]
3 years ago
13

Jason is the marketing head at his company. He was working on the promotion of a new product. He had included the print media in

his advertisement campaign. After evaluating the campaign, he realized that the product would require television advertisements to satisfactorily reach the entire target segment. He knew he would need approval for the extra expenses of an ad shoot because it would increase the marketing budget. Which department should Jason approach to obtain approval regarding a budget increase?
Jason would have to approach the __________
department to obtain approval regarding a budget increase.
Business
2 answers:
Elis [28]3 years ago
8 0

Answer:

Since Jason Is the marketing head, he needs approval from someone on the marketing and accounts department who has a senior position than him.

The project budget change is related to the promotion of campaign which comes under the marketing umbrella, which is why he needs approval of marketing and accounts department.

Lapatulllka [165]3 years ago
3 0

Answer:

Finance department

Explanation:

I took the quiz and this is the right answer

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Mike, a research analyst, is in the analysis phase of a project, the goal of which is the development of smile shutter technolog
tangare [24]

Answer: c. Requirements analysis

Explanation:

Requirements analysis deals with tasks that determine conditions to meet during a new project taking into consideration requirements that would be conflicting. This analysis is vital to the success or failure of the system. Mike carries out a requirement analysis by checking all the items that would determine the success of the project which if neglected would read to project failure.

4 0
3 years ago
Assume that the following events occurred at a division of Generic Electric for March of the current year:
stiks02 [169]

Answer:

Transferred in Manufacturing Costs $ 32,000,000

Transferred out $ 20,800,000

Ending Balance $ 11,200,000

Explanation:

Generic Electric

Material Purchases   $ 15,000,000

Transferred to Work in Process = 10,500,000

Direct Labor                $ 8,000,000

Manufacturing Overhead $ 13,500,000

Total Manufacturing Costs  $ 36,500,000

Transferred in Manufacturing Costs $ 32,000,000

Completed 65 % of $ 32,000,000=$ 20,800,000

Transferred out $ 20,800,000

Ending Balance = $ 32,000,000-$ 20,800,000= $ 11,200,000

5 0
3 years ago
If W. Edwards Deming was your management consultant, he would emphasize
VARVARA [1.3K]

Answer:

Letter A. <u>Quality through constant innovation and quality assurance training.</u>

Explanation:

Alternative A is correct, as W. Edwards Deming was a pioneer scholar in the application of organizational quality management.

He was responsible for creating the 14 points, which are principles for management that will help the organization to achieve total quality. He was also responsible for popularizing the PDCA Cycle (PLAN, DO, CHECK, ACT), which is a strategic tool widely used worldwide to ensure continuous improvement and the quality of processes and products.

  • PLAN:  define objectives, methods and resources.
  • DO: Perform, educate and train.
  • CHECK: Measure and evaluate
  • ACT:  act correctly.

Continuous improvement can be achieved through the correct and targeted use of the PDCA cycle towards organizational objectives. For Deming, without continuous improvement, there is no survival of the organization in the market, so he argues that continuous improvement must be implemented in all phases of the project, to achieve the benefits of continuous improvement of processes, increased productivity and reduced costs.

4 0
4 years ago
You work for a fabric company that sources unique materials from around the world. In the past, you have focused solely on the b
Kay [80]

Answer:

b. From a commercial market into a reseller market.

Explanation:

It is a commercial marketing following the fact that the marketing organization defines success primarily in terms of financial gain.

This financial gain is the same reason for expansion.

Supplying to other stores who will in turn sell to others makes it a reseller market.

5 0
4 years ago
Greengage, Inc., a successful nursery, is considering several expansion projects. All of the alternatives promise to produce an
Ilia_Sergeevich [38]

Answer:

A. Project A

B. Project A has lowest Standard Deviation

C. Project D

Explanation:

A.

The higher the range, the more risky the project is. Based on the table, project A has the smallest range, and therefore is the least risky based on range.

B.

The standard deviation is not scale-free, i.e. it is not adjusted for the level of returns. Hence, a project that has the same distribution of returns, but a higher average return, will have a higher standard deviation. But the project is not any more risky. Hence, the standard deviation might not be an appropriate measure of risk.

C.

The Coefficient of Variation (CV) is calculated as follows:

CV = Standard deviation / expected return

Applying this formula, the coefficient of variation for each project is:

Project A: 2.9% / 12.0% = 0.242

Project B: 3.2% / 12.5% = 0.256

Project C: 3.5% / 13.0% = 0.269

Project D: 3.0% / 12.8% = 0.23 4

Based on the coefficient of variation, project D has the lowest coefficient. It means that the project has the lowest risk per unit of return generated, and thus is the best project and should be chosen.

4 0
4 years ago
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