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3 years ago

What are the basics of a successful project ?

Business

1 answer:

fenix001 [56]3 years ago

4 0

The characteristics of a successful project are;

A well defined topic, that is clearly presented and easily understood by people of all skill levels.

Clean notes for yourself that can easily be referred to and understood.

Formal language that is both understandable and not slang.

Use of proper terminology where it is needed.

and, especially, for the project to be well presented. A project can be absolutely pristine, but if the presenter of it does a poor job presenting, it can easily fall short.

I hope this helped.

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If a manager chooses inappropriate goals, but makes good use of resources to pursue these goals, it results in:

Ganezh [65]

By implementing inappropriate or improper goals in a given company, but throwing resources and capital at it in order to achieve it, this will ultimately lead to a waste of resources on behalf of the company. A failure to implement effective goals would counter-act on the impact of resources that are being allocated. The correct answer is HIGH EFFICIENCY / LOW EFFECTIVENESS.

4 0

4 years ago

To achieve its goal of increased market share, Restaurant Y launched a program that awards grade-school students a free cupcake

Oksanka [162]

Answer:

The correct answer is C: Planning

Explanation:

There are five primary functions of management:

1. Planning

2. Organizing

3. Staffing

4. Directing

5. Controlling

Planning is future-oriented and determines an organization’s direction to achieve an objective. It is a rational and systematic way of making decisions today that will affect the future of the company.

Peter Drucker has defined planning as follows:

“Planning is the continuous process of making present entrepreneurial decisions systematically and with best possible knowledge of their futurity, organizing systematically the efforts needed to carry out these decisions and measuring the results of these decisions against the expectations through organized and systematic feedback”.

Planning is the path to achieve a predetermined objective. In this exercise, the objective is to increase market share. To achieve this goal they need to attract more costumers. To attract more customers, Restaurant Y planned a promotion based on grade-school students.

3 0

4 years ago

Bob, Jack and Norman are the only people living on an island. They are trying to decide whether or not they should build a light

Tems11 [23]

Answer:

Efficiency requires that one lighthouse is built since the willingness to pay of all the residents together is larger than the cost of providing the lighthouse

Explanation:

Since the lighthouse is a public good, according to the coase theorem, if the combined willingness to pay for the lighthouse of all of the people living on the islands is higher than the cost of the lighthouse, then a lighthouse should be built.

The total willingness to pay is:

$W = \$1000+\$1200+\$500 = \$2700$

The population willingness to pay is higher than the cost of building one lighthouse ($2000) but lower than the cost of building two lighthouses ($4000). Therefore, efficiency requires that one lighthouse is built since the willingness to pay of all the residents together is larger than the cost of providing the lighthouse.

6 0

3 years ago

Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of

Vinvika [58]

The correct option is : Allowing employees the opportunity to be a part of the budget process.

<h3>What is Budget?</h3>

A budget is a plan on how a business will attain its profits objectives. It shows how a firm will allocate its scarce resources to various units to achieve its overall goals. A budget can be prepared on a bottom-up basis where each department sets its targets under the guidance of top management. The top management can also prepare the budget and pass it down to various units for implementation.

When a budget is prepared from bottom to top, employees get involved in the process. It makes them own the document and its objectives. The employees will feel motivated to work as a team to meet their targets. A budget indicates the direction where the business is heading. If employees are involved in the budgeting process, they will help management to steer the company in the intended direction.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of the following situations will not lead to human behavior problems:

a. Setting goals among managers that conflict with one another.

b. Setting goals too tightly making it difficult to meet performance expectation.

c. Allowing employees the opportunity to be a part of the budget process.

d. Allowing goals to be so low that employees develop a "spend it or lose it" attitude.

Learn more about Budgeting on:

brainly.com/question/6663636

#SPJ4

3 0

2 years ago

The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of

eduard

Answer:

$480,000 and $125,000

Explanation:

The computation of the divisional income from Retail division and Commercial division is shown below:

Hardy Corporation

Divisional Income from operations

Particulars Retail Division Commercial Division

Sales $2,150,000 $1,200,000

Less: Cost of goods sold $1,300,000 $800,000

Gross profit $850,000 $400,000

Less:-Selling expenses $150,000 $175,000

Other expenses $220,000 $100,000

($320,000 × 2750 hours ÷ 4,000 hours) (320000 × 1,250 hours ÷ 4000 hours)

Income from operations $480,000 $125,000

We simply deduct the all expenses from the sales so that the divisional income from operations could come

3 0

3 years ago