The project manager in this example is gathering the resources he needs to accomplish his goals and distributing work to them. Thus, he is involved in the <u>organizing</u> function of management.
<h3>
Who is a project manager?</h3>
- A project manager is a specialist who plans, organizes, and carries out projects while adhering to constraints like budgets and timelines.
- Project managers oversee entire teams, establish project objectives, interact with stakeholders, and see a project through to completion.
- The project manager is in charge of making a project successful or unsuccessful, whether it be conducting a marketing campaign, building something, creating a computer system, or introducing a new product.
- In almost every industry, project managers are in high demand. Let's explore what project managers do in more detail, why project management is a good career choice, and how to get started.
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Answer: Tomate Inc can consider an Accept-or-reject special order
Explanation: Accept or reject special order is used when a customer requests for a large amount of goods or product from a manufacturer usually for lesser price than what the manufacturer sells for.
The accept or reject special order is used to determine if the "special order" is profitable or not.
<h3>From the given scenario, it can be inferred that Hearthstone Electronics and Influx Electronics share differentiation parity.
</h3>
Explanation:
A business achieves differentiation of parity when it generates the same perceived value as its rival organization. A cost leader will achieve a competitive advantage as long as its generated economic value is greater than its competitors'.
The parity of differentiation deals with value and not with pricing. Parity to differentiation happens when a business generates the same value as its rival. Price parity means paying the same prices as a rival, with pricing involved.
Answer:
4.20%
Explanation:
The zero-coupon bond now 14 years left before maturity,which means that we need to compute the price with 14 years maturity and interest rate of 9% per year in order to determine the total return on the bond over a year period.
Price of the bond=present value of face value of $1000
9% annually while 4.5% is the semiannual yield
the bond has 28 semiannual periods in 14 years
price of the bond today=$1000/(1+4.5%)^28=$291.57
return over a year=($291.57-$279.83)/$279.83=4.20%
Marginal analysis is really important for a firm. Marginal analysis helps a firm to determine the most equitable allocation of a firm’s resources.
EXPLANATION:
Marginal analysis is an assessment of additional benefits of a firm activity, compared to the additional costs which are incurred by the exact same firm’s activity. A firm or company applied marginal analysis to make a decision which helps a firm to maximize the potential profits and benefits. The example of marginal analysis is when the firm’s cost to produce one more appliance or the profit gained by adding one more worker.
In microeconomics, marginal analysis is applied to analyze how a compound system being influenced by marginal manipulation of its comprising variables. On this occasion, the marginal analysis focuses on investigating the results of small changes as the consequences cascade across the business as a whole. The goal of marginal analysis is to investigate whether the costs associated with the change in activity will affect in a benefit which is sufficient enough to offset a firm. The whole impact of marginal analysis is on the cost of producing an individual unit which is most often observed as a comparison’s point.
LEARN MORE:
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KEYWORDS: marginal analysis, economy analysis
Subject: Business
Class: 10-12
Sub-chapter: Marginal Analysis