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polet [3.4K]
3 years ago
5

Joe and his team are working to develop a new product. They have been given a fixed budget and a rough estimate of the time left

until the product must hit the market. The team's key concern is that the product would be too costly and time-consuming to produce. What kinds of risk is likely to be faced by Joe and his team?
Business
1 answer:
Svetradugi [14.3K]3 years ago
6 0

Explanation:

In this case, Joe and his team are likely to face a known risk, which is configured as a risk that the project manager knows exists, exemplified in the question as the team's concern about a very expensive and time-consuming product to produce.

When the risk is known, it is possible for professionals to be able to identify and plan actions in advance to find solutions to this type of risk.

Therefore, it is necessary that in every project there is an area dedicated to risk management, because in every project there are internal and external factors that can influence or change the life cycle of a project. The importance of identifying such factors and their causes is an important step in risk management.

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Imagine that you are the newly appointed HR manager for a 500-employee health care provider organization. Using features of the
slamgirl [31]

Answer:

Answer is explained in the explanation section below.

Explanation:

As the newly appointed HR manager of a 500-employee health care provider organization, I will focus on employee development and training because skilled and trained employees will demonstrate high efficiency in the health organization and less error in medical reports, which could lead to patient dissatisfaction if their problem is not resolved due to medical report errors or lacunae.

So, I'd go with the Counseling model, in which our health-care service providers provide employee training and development through techniques like job training, internships, role plays, and learning classes, all of which are essential in health-care organizations because we provide health-care solutions to our patients and want to hire and retain highly skilled and professional personnel in our organizations.

Since qualified and skilled workers are capable of operating at a high level of productivity, have the ability to evaluate challenges and produce solutions, support both technical and non-technical activities in the organization, are experts in their fields, and so on, this model is required to transform my company into an ideal organization.

Since I would look out for what is best for employees and their growth as an HR manager, but the CEO is more concerned with cost and profit, and training and development for 500 employees could be a little more costly, the CEO will want me to adapt my model based on cost and budget.

6 0
3 years ago
The following errors took place in journalizing and posting transactions:
kirill115 [55]

Answer: See explanation

Explanation:

The journal entry to correct the errors is given below:

a. Dr Cash $8400

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6 0
3 years ago
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yawa3891 [41]

Answer:

goods, common, predominant-factor

Explanation:

Article 2 of the UCC deals with the sale of <u>GOODS</u>. It does not deal with real property (real estate), services, or property such as stocks and bonds. Thus, if the subject matter of a dispute is goods, the UCC governs. If it is real estate or services, the <u>COMMON </u>law applies. If a contract involves both goods and services, the courts generally use the <u>PREDOMINANT-FACTOR </u>test to determine whether to apply the UCC

5 0
4 years ago
Mike, a research analyst, is in the analysis phase of a project, the goal of which is the development of smile shutter technolog
tangare [24]

Answer: c. Requirements analysis

Explanation:

Requirements analysis deals with tasks that determine conditions to meet during a new project taking into consideration requirements that would be conflicting. This analysis is vital to the success or failure of the system. Mike carries out a requirement analysis by checking all the items that would determine the success of the project which if neglected would read to project failure.

4 0
3 years ago
Today's organizations can be divided into three groups, which are __________ organizations. D. employee, distributor, and custom
avanturin [10]

Answer:

Today's organizations can be divided into three groups, which are-Profit, Nonprofit, and Governmental organizations.

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For-profit businesses, non-profit organizations, and governments can all play unique and valuable roles in society. However there are certain challenges that are best addressed by cooperative ventures involving all three sectors.

5 0
4 years ago
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