Answer:
A project is a combination of tasks that need to be finished to reach a specific, bigger goal. Since project tasks are not to be confused with the daily schedule of work, this is what differentiates a project from the routine tasks:
- <em>defined span</em> - while daily tasks are usually continuous by nature, project tasks are set in a specific time frame
- <em>project life cycle</em> - similar to the life cycle of a product, a project follows a similar curve that symbolizes the birth of the project, its maturity stage and its decline
- <em>defined goal/objective</em> - the completion of a project and its tasks has to be indicated by reaching a specific goal
- <em>cross-department teams </em>- project teams usually involve people from more business departments (marketing, HR, R&D...)
- <em>allocated resources</em> - while daily, continuous tasks usually source resources (financial, human...) from the firm directly, a project usually has a specifically assigned amount of allocated resources
Answer:
Inflow of innovation
Explanation:
Negacho introduced its new flavoured chips and received positive response. This shows that the market is open to adopting new innovative products
This is what prompted Brex Mex to introduce their own flavored potato chips.
Basically the market is favorable to introduction of new ideas and products.
Answer:
False.
Explanation:
The revenue recognition principle states that revenue should be recognized and recorded when it is realized or realizable and when it is earned. In other words, companies shouldn’t wait until revenue is actually collected to record it in their books.
Revenue should be recorded when the business has earned the revenue even it has not been paid by customers to finance expenditures
Answer:
A) attached below
B) 
C) The fiscal policy is called an automatic stabilizer because the taxes are dependent on the level of income and also the output of the multiplier is more stable because it doesn't respond to rapid changes in fiscal policies.
Explanation:
Given data:
C = Co + C1YD
T = t0 + t1Y
YD = Y - T
G and I are both constant
C1 lies between 0 and 1 while T1 lies between 0 and 1
A ) solving for equilibrum output
attached below
B) The multiplier
Multiplier = 
The economy responds to changes in autonomous spending when t1 is 0 but responds less when t1 is positive, this is because the more positive t1 is the lower the multiplier value
c) The fiscal policy is called an automatic stabilizer because the taxes are dependent on the level of income and also the output of the multiplier is more stable because it doesn't respond to rapid changes in fiscal policies.
An application , reference sheet
