Answer:
monitoring and controlling
Explanation:
The five stages in the project management process are:
- Project initiation
- Project planning
- Project execution
- Project monitoring and controlling: in this stage you must measure the project's performance in order to identify any possible deviation from the project's plan. Project managers should use key performance indicators (KPI) to determine if the project s on track or not. In this case, one KPI was chicken meal and the deviation was steak meal.
- Project closure
<span>I think brands like Amazon and Red Stripe do a good job of targeting my age group. Amazon has clever commercials for their Echo device and beer is always being marketed as a fun item. I think brick & mortar stores could do better by advertising locally more.</span>
Answer:
A
D
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.
Because the IRR of both projects are positive, both projects are acceptable.
If the manager can only choose one project, she should choose the one with the higher IRR because it would be more profitable.
Answer:
Economies of scale
Explanation:
The firm is experiencing economies of scale. Economies of scale result in a decreased average cost of production. Production increases and therefore the fixed cost is distributed more and average fixed cost becomes lesser and lesser as output increases. This leads to a decline in average total cost( As average total cost is the sum of average variable cost and average fixed cost, therefore a decline in average fixed cost leads to a decline in average total cost). This can be seen by an assymptotic average fixed cost for the firm which experiences economies of scale.
''Collusion is the requirement that every employee be able to perform the work of at least one other employee'' is a False Statement.
Collusion is hidden collaboration, especially for illicit or dishonest ends, or when working with the opponent.
Job rotation is the requirement that each employee is capable of doing at least one other employee's job, not collusion. Therefore the statement was false.
Job rotation occurs when a person works in several departments or job profiles after a certain amount of time has passed. For example, Doctors are one profession where work rotation occurs in the real world. In a hospital, doctors rotate between numerous departments, giving them exposure to a variety of medical specialties.
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