Answer:
Fulfilling client's expectations
Explanation:
Project management can be defined as the use of skills, tools and knowledge to effectively execute a project.
The Project Management Institute (PMI) aims to develop the project management profession.
PMI definition proposed by Meredith and Mantel has included client satisfaction as a criteria for project success.
Initially client satisfaction was not included in Project Management definition.
According to them project management is the use of skills, tools, and knowledge to meet and exceed customer expectations.
This definition now different from the previous one that focuses on meeting project specifications
The minimum requirement of salary = $53760
<u>Explanation:</u>
Cost of living in city is 12 percent higher than where Luke Anderson lives. So, Luke Anderson will require 12 percent higher salary than existing salary in order to maintain the existing standard of living
<u>The calculations are as follows.
</u>
Current salary of Luke Anderson = $48000
12 percent increase = 48000 multiply with 12 percent = 5760
Thus, the required minimum salary = 48000+ 5760 = 53760
So, Luke Anderson will require minimum salary of $53760
Answer:
The corporation may have liability, but not the individual owners.
Explanation:
A c-corporation have a limited liability which means that the liability of the company cannot be extended to shareholders. It is only limited to the amount invested by the shareholders.
Therefore, the shareholders of the c - corporation won't be personally affected by the law suit.
A c- corporation is a form of corporation where the shareholders are taxed separately. In addition to taxing shareholder, corporate income is also taxed which leads to a double taxation.
Answer: C. People are rational.
Explanation:
Economic theory assumes that people are rational when making economic decisions. This means that they will seek to make a decision that can satisfy them the most or give them the highest benefit.
This benefit does not always have to be monetary, it can also be emotional. The U.S. customers who prefer made in America products would therefore be emotionally satisfied by the decision of these manufacturing companies to move back to the U.S. and will patronize them more.
This decision to move back was therefore based on people being rational.
Answer:
Total Cash and Cash Equivalents = $14,100
Explanation:
Particulars Amount Reason
Checking Account $6,000 Readily realizable
Bond Investment Nil The bond is due in 20 yrs, hence not readily realizable
U.S. Treasury Bill $6,500 Due in 1 month
Loan to an Employee Nil The loan is for a period of more than 3 months
Currency and Coins $1,600 They are cash itself
Accounts Receivable Nil Accounts receivable is not considered as readily realizable
Total Cash and Cash Equivalents = $14,100
