Answer:
A. True
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management are considered universal across most businesses and professions.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.
What are the answer choices?
Answer:
2,240
Explanation:
The total number of projected attendance is 80,000. If 705 will make purchases. It means 70% of 80,000 will buy.
=70/100 x 80,000
=0.7 x 80,000
=56,000 attendants will buy
If they are 25 vendors, each vendor will sell to
=56,000/25
=2,240
on average, each vendor will sell to 2,240 customers
Penetration pricing, setting the price lower to attract attention.