Answer:
acceptable.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.
Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.
A project with a zero net present value indicates that it is acceptable.
This ultimately implies that, investors and project managers are advised to only invest in projects that are having a positive net present value that is greater than or equal to zero.
Answer:
A marketing strategy defines how the marketing group will use its resources to support the company's goals for growth and earnings.
Explanation:
A marketing strategy can be defined as how the marketing group will use its resources to support the company's goals for growth and earnings. In the general sense, a marketing strategy is a company's overall plan on how it will achieve it's goals. The specific goals are usually on how to effectively reach the consumers and convert them into loyal customers. A marketing strategy usually consists of the following major aspects, including; the key message, target audience demographics, and the company's value proposition. Marketing strategies should consider targets in the long-term thus should be very broad and specific to organization overall needs.
A marketing strategy that has been keenly created should seek to promote the company's value proposition. A company's value proposition tends to outline the company's competitive advantage over rival companies. Thus when the strategy involves strategies that focus more on the company's strength, there is a higher chance of success in gaining more customers over business rivals.
The answer is functional departmentalization. In practical departmentalization, an association is composed into divisions in light of the particular capacities each performs for the association. For instance, an assembling organization may make a generation office, deals, and showcasing division, a bookkeeping office, and a HR office.
Answer:
A) increase, and total consumer spending on beef will decrease.
Explanation:
A decrease in the population of dairy cows and beef cattle, will result in a leftward shift of the supply curves for both milk and beef. A leftward shift will result in an increase in price at every quantity demanded.
Since the demand for milk is inelastic, a steep increase in price will result in a smaller decrease in quantity demanded. Since the demand for beef is elastic, a steep increase in price will result in a larger decrease in quantity demanded.
Since the demand for milk is inelastic, an increase in price will result in an increase in total spending. On the other hand, since demand for beef is elastic, an increase in price will result in a decrease in total spending.
Answer:
$2,650
Explanation:
For computation of retained earnings at the beginning of Year 2 first we need to find out the net profit which is shown below:-
Net profit = Revenue - Expenses
= $3,300 - $1,750
= $1,550
Retained earnings at the ending of Year 2 = Beginning balance of retained earning + Net profit - Dividend paid
$3,050 = Beginning balance of retained earning + $1,550 - $1,150
Beginning balance of retained earning = $3,050 - $400
= $2,650
