Answer:
The answer is B.
Explanation:
In the telecom industry, the threat of new entrants is most likely low. Why? - Because:
1. High brand loyalty meaning that the existing customers are unlikely to switch to any competitors be it existing or potential. This will discourage any new entrant.
2. High economies of scale. They are enjoying low cost of inputs with high outputs. New entrants will find it difficult initially to produce at low cost. This will also discourage new entrants.
Also, the presence of strong network effects and proprietary technology among the existing firms will deter new entrants.
Answer:
The factors that cause the failure of project management to achieve its goals include the following:
1. The scope of some projects are not well-defined and detailed.
2. Some project managers lack the required project and administrative experience, exposure, and training needed for successful project planning and implementation.
3. Some project managers do not identify the critical project risks from the beginning.
4. Projects that lack formal methods and strategies often fail.
5. It has been established that some project managers and their teams are not well-motivated to deliver their projects, leading to key staff abandoning the company and the projects mid-way.
6. Successful projects require detailed documentation and planning, the setting of deadlines, and the tracking of progress.
7. Leadership is key to effective project management. Without senior management or politicians' buy-in, some projects face massive failure.
Explanation:
Project management starts from the home to the larger society. It involves a fundamental application of process knowledge, management skills, technical tools and key deliverables, and various techniques to project activities in order to meet project goals and requirements. Project managers and organizations that must achieve success should understand the causes of project failure.
The correct answer is installment credit. The explanation is below.
Installment credit allows you to purchase an item and then pay for it in installments. The reason that this would be the best option for you is that you do not have the money now to make the purchase, but you are able to make smaller monthly payments in order to purchase a computer.
Installment credit is better than revolving credit for new borrowers. Revolving credit would allow you to charge additional purchases on your revolving credit account. The installment plan only finances one item, rather than like a credit card, which is how revolving credit works. You would not choose non-installment credit because this would require you to make this payment all at once in a short period of time. It would not allow you to spread the payments out over time.
Answer: $7,500
Explanation:
In calculating the Incremental income we will add the amount of variable Manufacturing costs Rory Company will save as well as the income they will get from selling the old machine and then subtract the cost price of the new machine.
Starting off we will calculate the amount of savings they will make by using the new machine,
= $12,000 x 5 years
= $60,000
Calculating the Incremental income therefore we have,
= 60,000 + 60,000(from selling old machine) - 112,500 (cost of new machine)
= $7,500
The incremental income of buying the new machine is $7,500.
If you need any clarification do comment.
