1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ad libitum [116K]
3 years ago
9

During project executing, a team member comes to the project manager because he is not sure what work he needs to accomplish on

the project. Which of the following documents contains detailed descriptions of work packages?A. WBS dictionaryB. Activity listC. Project scope statementD. Scope management plan
Business
1 answer:
vfiekz [6]3 years ago
8 0

Answer:

The correct answer is A. WBS dictionary.

Explanation:

The WBS (work breakdown structure) or Work Decomposition Structure (WDS) provides a common reference framework for all project elements and for the estimation and programming of specific tasks within the project. time, resources and quality within the project plans.

A good work breakdown structure encourages a systematic planning process, reduces the possibility of omitting key elements of the project, and simplifies the project through its division into manageable units. It is a tool to follow the progress of the project.

If WBS is used as the common skeleton for programming and for estimation, communication between professionals working on the project will be facilitated.

A WBS is, or should be, a uniform, consistent and logical method of dividing a project into smaller, more manageable components for planning, estimation and control.

A WBS oriented to deliverables facilitates and encourages the exchange of information. Ideally, there should be some uniformity and consistency in the WBS. In order to achieve uniformity, "all children of the same father" must be developed on the basis of the same base.

The ultimate goal is to achieve a WBS that highlights a logical organization of products, components and modules.

You might be interested in
If a firm sells a prestige product, what kind of relationship between price and quantity demanded should it expect?.
solmaris [256]

For a firm that sells a prestige product, the relationship between price and quantity demanded is a <u>positive direct relationship</u>.

<h3>Why is the relationship between demand and price of prestige products direct?</h3>

The relationship between the demand and price of prestige products is direct because prestige products tend to sell better at high prices than at low prices.

And when the quantity demanded increases, the price tends to increase.

An example of a prestige product is an old car.

Thus, for a firm that sells a prestige product, the relationship between price and quantity demanded is a <u>positive direct relationship</u>.

Learn more about the demand for prestige products at brainly.com/question/6374886

3 0
2 years ago
Name 2 of the 10 School Based Enterprise instructional Units
mars1129 [50]

Answer:

1.  Financial Analysis

2.  Marketing-Information Management

Explanation:

A school-based enterprise often referred to as SBE is an entrepreneurial undertaking in a school setting that participates in goods/services delivery to address the needs of the market.

SBEs are organized and regulated by students as practical learning laboratories that incorporate National Curriculum Standards in various departments such as marketing, finance, hospitality or management.

Hence, the full 10 School Based Enterprise instructional Units are the following:

1. Financial Analysis

2. Marketing-Information Management

3. Operations

4. Market Planning

5. Product/Service Management

6. Pricing

7. Distribution/Channel Management

8. Promotion

9. Selling

10. Human Resources Management

7 0
4 years ago
Which of the following is NOT one of the components of a firm's business model?
Kruka [31]

Answer: the industry competitors

Explanation:

A business model simply refers to the strategy that a company will use in making profit and achieving its goals.

The components of the business model of a company include the strategic resources, core strategy, partnership network, and the customer interface.

It should be noted that the industry competitors isn't among the components.

8 0
3 years ago
Choose the indicator that is not relevant in identifying a company's present strategy Select one: A. management's planned, proac
BigorU [14]

Answer:

The correct answer is the option E: moves to respond and react to changing conditions in the macro-environment and in industry and competitive conditions.

Explanation:

To begin with, when it comes to know and develop the business strategy from a company the most important factors to have in mind are all the key functional strategies, the mission, strategic objectives and financial objectives. As well as the strategic role that the companies who have an alliance with the company have. The management's plan to outcome the rivals is also super important. And finally the moves to respond to changing conditions in the macro-environment are very important things to have in mind but when it comes to describe one's strategy in the business that is not fundamental due to the fact that those moves will appear eventually when the occasion arises, so that is why that is answer.

5 0
4 years ago
Which of the following is a firm's cash cycle?
Simora [160]

Answer:

he average length of time between when a firm pays cash to purchase its initial inventory and when it receives cash from the sale of the product produced from that inventory

Explanation:

A firm's cash cycle measure the time required for a company to go from cash paid (used in its operations) to cash received (as a result of operations)

It is an example of a liquidity ratio

Liquidity ratios measure the ability of a firm to meet its short term obligations

Cash cycle = days of inventory on hand + days of sales outstanding - number of days of payable

the shorter the cash cycle, the more liquid the firm is and the better for the firm

6 0
3 years ago
Other questions:
  • The type of good for which the consumer compares several alternatives on such criteria as price, quality, and style is a(n) A. s
    5·2 answers
  • The wph approach provides future business managers with _____ .
    9·1 answer
  • At $5 a bushel, there is an excess supply of wheat. is this price above or below the equilibrium price? in 2-3 sentences, explai
    9·2 answers
  • A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
    6·1 answer
  • Which of the following is NOT the quantity theory of money
    13·2 answers
  • The owner of a small firm has just purchased a personal computer, which she expects will serve her for the next two years. The o
    13·1 answer
  • Advise the Sampsons on the maturity to select when investing their savings for their children’s education. Describe anyadvantage
    15·1 answer
  • When Acme Dynamite produces 250 units of output, its variable cost is $2,000, and its fixed cost is $500. It sells each unit of
    12·1 answer
  • Parker &amp; Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company
    6·1 answer
  • Namembe is trying to get his financial records organized. He has several monthly credit card statements. Where is the MOST logic
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!