Answer:
The role of project managers is vital for the succcess or failure of project.
Explanation:
The success of projects concentrates on developing key business metrics. However, sometimes development programs are still unsuccessful. There are a number of reasons why these initiatives fail such as lack of funding, weak measurements, lack of coordination among team members, and decisions based on speculations instead of evidence and facts. Such types of issues make it much more difficult for project managers to establish credibility for future projects. Ultimately, the accomplishment or effectiveness of the strategy concentrates entirely on the shoulders of the project manager, and he or she is held responsible for the final outcome.
The journal entry to issue $600 of direct materials and $30 of indirect materials to production involves debit(s) to the B. work-in-process inventory account for $600 and manufacturing overhead account for $30.
Work-in-process inventory refers to a company's goods that are waiting to be finished and completed. While these goods wait to be finished, they are waiting their overall value they are given as well. Manufacturing overhead refers to the items that are used for manufacturing. Everyting that has to take place and be paid for manufacturing to take place.
<span>b. brand.......................</span>
Answer:
d. the increases in wheat harvested will get smaller and smaller.
Explanation:
A marginal rate of technical substitution (MRTS) can be defined as an economic principle which is typically used to represent the rate at which a factor such as capital must decrease so that the same level or quantity of production is maintained when another factor such as labor is changed (increased).
An isoquant is the slope of a marginal rate of technical substitution (MRTS) which connects the two input factors provided that the level of output or production is the same.
Also, the diminishing marginal rate of technical substitution refers to the decline (fall) in marginal rate of technical substitution (MRTS) along an isoquant that produces the same quantity (level) of output.
When an isoquant has a diminishing marginal rate of technical substitution, the corresponding isoquants are convex to the origin. Thus, the marginal rate of technical substitution (MRTS) would continue to diminish as more of a factor such as capital is used.
If we add successive laborers to work a given amount of land on a wheat farm, eventually the increases in wheat harvested will get smaller and smaller.
