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Anarel [89]
3 years ago
6

Which of the ten knowledge areas defined in the Project Management Body of Knowledge includes the processes required to ensure t

hat the project includes all the work required, and only the work required, to complete the project successfully?
Business
1 answer:
strojnjashka [21]3 years ago
5 0

Answer:

Project Scope Management is the applicable knowledge area.

Explanation:

Project Management involves the use of knowledge skills, tools,  techniques to meet the requirement of the project. Other knowledge areas in Project Management include;

  • Project Procurement Management
  • Project Risk Management
  • Project Integration Management
  • Project Communication Management
  • Project Human Resource Management
  • Project Time Management
  • Project Cost Management
  • Project Quality Management
  • Project Stakeholder Management

Project Scope Management involves explaining what the project will entail.  It ensures people have a clear understanding of what the project is about.  

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Presented below is information related to Vaughn Company. Cost Retail Beginning inventory $252,960 $281,000 Purchases 1,368,000
viva [34]

Answer:

                               Conventional Retail Method

                                               Cost        Retail      Cost to Retail ratio

Beginning Inventory          252,960    281,000

Add: Net Purchases          1,368,000  2,097,000

Add: Net Markups                                <u>78,000    </u>

                                                              2,456,000

Cost-to-retail Percentage                                        66.00% (1620960/2456000)

Less: Net Markdowns      <u>                  </u>  <u>-32,000    </u>

Goods Available for Sale  1,620,960   2,424,000

Less: Net Sales                                     -<u>2,243,000</u>

Estimated Ending Inventory at Retail <u>$181,000</u>

Estimated Ending Inventory at Cost  = $181,000*66% = $119,460

5 0
2 years ago
Syncadia Inc. believes in focusing on hiring the best talent rather than hoping to develop mediocre talent over time. It can be
ale4655 [162]

Syncadia's talent management strategy invests more in employee selection than in  employee training.

<h3>What is Employee Selection and Training?</h3>

Employee Selection is the process whereby Organisations recruit individuals with the desired skills and qualifications for a particular Job role.

Employee training is a process whereby organisation recruit individuals with the plan to teach the specific knowledge or skills in order for them to be able to perform their current roles.

Because Employee training is expensive and focuses on employee  future performance,many organisation recently would  rather opt for the right person that matches the required job role.

Hence,  we can conclude that Syncadia's talent management strategy invests more in employee selection than in employee training.

Learn more on employee training here:brainly.com/question/15396057

6 0
1 year ago
Jacoby Company received an offer from an exporter for 25,400 units of product at $18 per unit. The acceptance of the offer will
OlgaM077 [116]

Answer:

Differential income from the special order= $127,000

Explanation:

A company should accept a special order where the order generates additional contribution. i.e where the special order sales exceeds all relevant cost.

The relevant cost for decision to accept the special order are  

I Incremental Revenue from the special order  

2. incremental variable cost

Contribution per unit = 18-13=5

Total contribution from special order = contribution per unit × units

                                                      = 5× 25,400=$127,000

Differential income from the special order= $127,000

Note that whether or not the special order is accepted the fixed manufacturing and fixed operating expenses of would be incurred either way. Therefore , they are not relevant for the decision

6 0
2 years ago
One reason a long-tenured top-level manager may hesitate to conclude the firm's structure is a problem is that doing so: a. sugg
uysha [10]

Answer: suggests that the firm's previous choices were not the best ones.

Explanation: For a long-tenured top-level manager to make such proclamation, shows the inefficiencies of the firm which he is a part of. He obviously has been with the firm for a very long time and making that proclamation will also be a dent in his image as a manager.

8 0
3 years ago
Venture capital (VC) firms are pools of private capital that typically invest in small, fast-growing companies that can't raise
sergey [27]

Answera dnd Explanation:

A. The incentive conflict in principal-agent relationship as it concerns venture capitalism is conflict between venture capitalists who are the principals and the managers of the business investment who are the agents. The conflict is that venture capitalists are put to increase value of their investment and make profit while salaried managers are only out to feel their pockets through their managerial role in the company as they do not have an interest in the company and are unaffected by the loss or failure of the company. This is known as the principal agent moral hazard issue in venture capitalism

B. By managers maintaining some ownership in the company, there us reduced conflict as managers now see a reason to make sure company succeeds since they have an interest

Venture capitalists aim to have a seat in the board to make sure managers do not take bad decisions since they are able to veto such decisions

4 0
3 years ago
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