Answer:
2) quantitative techniques
Explanation:
Quantitative techniques (or quantitative methods) focus on objective data (number) and they analyze those numbers to obtain conclusions relative to the research study being carried out. Quantitative techniques include polls, surveys, online questionnaires, etc., since they can all be measured in numbers. Later those numbers are processed into relevant statistics.
A project manager only focuses on the projects that the business wants to do and complete whereas an operational manager controls the operational side of the business. They should be kept apart because otherwise, their job requirements will get in the way of each other. I hope this helps!
Answer:
The correct option is B
Explanation:
It is of great importance for the requirements and supporting information in a requirements traceability matrix to be listed. Upon fulfilling all requirements, there are certain criteria that must be met. The requirements must be prioritized, measurable, and must be identified with a stakeholder who has need for it. Thus, the only option that is not a requirement is that it is to be assigned to a requirement owner.
Answer:
D. The amount of one product that must be given up to produce one more unit of another product.
Explanation:
Opportunity cost is defined as the potential benefits that you would recieve if you choose one option over another. This is an economic term that can easily be applied in our day to day lives: Ex. When you choose to study over work, the opportunity cost is represented by the money you could earn as payment for your work.
In business, companies must decide whether they produce a wide range of products or services or if they focus their resources in producing those products in which they are more efficient and would represent higher earnings.
