Answer:
True
Explanation:
A project scope statement can be regarded as a statement that give out well detailed description as regards the the work which is needed to be done so that the output of a project can be delivered on agreed time period as well as within the allotted budget.
scope statement usually gives the outlines of the entire project as well as
any deliverables, it do entails list of stakeholders within the scope. The writting is usually done by project manager. It should be noted that Project scope statements must include the project boundaries, constraints, and assumptions.
The answer is: Understored
Understored refers to a situation when an area have less sellers for a certain product than it actually needed. When this happen, most of the demand in that area would fall to the hands of one or only a select few of stores. This basically ensure high profitability for these stores.
Answer: b.$5,146.00
Explanation:
Social security tax rate is 6.20%, you would multiply $83,000 by 0.062 to get a total of $5,146
Answer:
. Total product cannot be increased further with additional workers.
Explanation:
If the marginal product of labour falls to zero when one more unit of labour is added, it indicates that increasing the amount of labour would not increase total product.
This can be explained by the law of diminishing returns which says as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
Imagine a farmer who hires 1 unit of labour to work his farm. he notices that one unit isn't enough to work the farm,so he increases the unit of labour to 5. due, to this the amount of work done by labour increases. imagine the farmer continues to increase the the amount of labour on the farm. at a point the farm would be overcrowded. there might not be machinery available for the extra units of labour to work with. as a result of this, labour would not do any work. labour would just resume on the farm and lounge through the day. thus this extra units of labour isn't producing anything. his marginal product is zero. imagine the farmer hires one more unit of labour. this new labour would not add anything to total output because the farm is over saturated with labour.
Answer and Explanation:
Demographic: the demographic aspect in looking at market segmentation variables in his coffee business would consider such things as age brackets, gender and different groups of population that would be interested in what his business aims to offer. Individuals who are in the older age brackets such as from 30-70 would be interested in coffee. Also these individuals are usually educated
Geographic:
This variable would consider where consumers are located geographically. Therefore are customers able to access the coffee shop easily I'm terms of proximity. How convenient is it to move to to the coffee shop from the customers location?
Psychographic:
what is customers attitudebor lifestyle ? Are customers thorough about the kind of coffee they want. Will customers accept to pay higher for higher quality coffee.
Behavioral: customers may consider the coffee shop a relaxation spot or a place to hangout with friends and family while enjoying a nice cup of coffee. What does this group do most and associate coffee with?