Answer:
Reduce, Minimizing
Explanation:
As per the given scenario Agile product, management wants to reduce the time for making the product on the other hand Agile minimizing the risk by making interaction from the customers and self-organizing team by taking care of quality, price, quantity, etc.
Since the company wants to reduce its product development time with the motive to produce more and more products in lesser time so that it delivers the product to the customer within the prescribed time.
Explanation:
By comparing the opportunity cost of producing wine in the two countries, you can tell that Spain has a comparative advantage in the production of wine and Denmark has a comparative advantage in the production of rye.
Spain can gain from specialization and trade as long as it receives more than 5 of rye for each bottle of wine it exports to Denmark. Similarly, Denmark can gain from trade as long as it receives more than 1/10 of wine for each bushel of rye it exports to Spain.
The terms of trade (that is, price of wine in terms of rye) would allow both Denmark and Spain to gain from trade :
9 bushels of rye per bottle of wine
8 bushels of rye per bottle of wine
Answer:
The correct answer is budget slack.
Explanation:
Budget slack occurs in a company when one or more people with budgetary responsibility create a budget that overestimates expenses and / or underestimates projected income or income.
Intentional budget slack can occur because a manager feels under the weapon to "make their numbers", often in response to previous quarters where revenues fell below projections and, more importantly, did not meet expectations of the owners or shareholders.
