Answer:
A) Analogous Estimation
Explanation:
Analogous Estimation is the process of comparing past costs and expenses of projects to make estimations for the current projects. This is usually used when there is data limitation for accurate estimations on the current projects.
Parametric is where a unit rate is devised to calculate project costs comprising of several units.
Bottom up estimation deals with estimating smaller cost components and then using the sum of these components to make larger estimates.
Option D is based on rough estimates on the time and effort required for a project.
None of the other options thus take into account past work other than the analogous estimation technique.
Hope that helps.
Answer:
10% is a high-profit margin
Explanation:
Since Justine is just starting her new business this might actually be a bad idea because 10% is a high-profit margin. In new business, you need to start off with very small profit margins in order to attract customers with low prices and grow a loyal customer base. Once the business begins to grow and sales start kicking up then you may begin increasing your profit margins.
A. After cutting wages and benefits in order to increase profit
Explanation:
As a company that exists in an environment, it has a responsibility to socially responsible for its actions that affect its environment including individuals(employees)
The employees are part of the social environment, so cutting their wages and benefits does not make the company socially responsible.
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