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Alenkinab [10]
3 years ago
14

Project Manager Mary Ann is not a member of PMI but has applied for PMI certification. She has a meeting with the representative

of a potential seller, and gets into an argument with the representative. Mary Ann loses her cool and yells at the representative and tells him to "get out of her office." Which of the following is true about Mary Ann’s conduct? A. It is a violation of PMI’s Code of Ethics and Professional Conduct. B. Since Mary Ann is not a member of PMI, she is not subject to the Code of Ethics and Professional Conduct. C. While not a per se violation of PMI’s Code of Ethics and Professional Conduct, Mary Ann should aspire to a better standard of conduct. D. It is not a violation of the Institute for Supply Management’s Principles and Standards of Ethical Supply Management Conduct.
Business
1 answer:
ioda3 years ago
3 0

Answer: A.

Mary Ann's conduct "is a violation of PMI’s Code of Ethics and Professional Conduct."

Explanation:

The Project Management Institute (PMI) expects Project Management Professionals (PMP) and PMP aspirants to abide by the Code of Ethics. An applicant applying for a PMP exam has to sign the PMP candidate agreement and Release form. In signing the agreement, the applicant agrees to abide by the Code.

The Code states that members and aspirants of PMI must;

• Act responsibly,

• Have respect for themselves and for others,

• Act fairly and,

• Be honest in their dealings.

Therefore by yelling at the representative, Mary Ann is in violation of PMI’s Code of Ethics.

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This can cause you to lose your retirement.
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Felix, Inc., which has excess capacity, received a special order for 5,000 units at a price of $15 per unit. Currently, producti
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Answer:

$12,500 increase

Explanation:

The computation of the company income increased or decreased in the case of the special order accepted is shown below:

But before that we need to determine the variable cost of goods sold which is

The Variable cost of goods sold for 10,000 units is

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= $125,000

Now

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= $62,500

And,

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So, the company income increased or decreased is

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Therefore the net income is increased by $12,500 and in this,  the fixed cost is not relevant so we do not considered it

8 0
3 years ago
Economist Mark Thoma has​ written, "One of the difficulties in using fiscal policy to combat recessions is getting Congress to a
NeTakaya

Answer:

The correct option is A,government spending and taxes that automatically increase or decrease along with the business cycle.

Explanation:

From a U.S perspective, automatic stabilizers are measures built into the country budgets that adjust the taxes to government's coffers and government expenditure when the economy goes into recess.

These measures are not usually approved by the Congress.

If one takes a careful look at the question, one would notice that the question talks about fiscal policy measures, which are government spending and taxes,invariably, option B is wrong because money supply belongs to monetary policy.

Option C is also wrong because taxes is not the only fiscal policy available.

Option D is wrong budget is a fiscal policy tool not a measure.

3 0
3 years ago
If the velocity of money is 3 and the amount of narrow money is $1.56 billion, what would be the nominal GDP?
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Answer:

c. $4.68 trillion

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Narrow money refers to the physical money coins and notes within an economy. It is a way of measuring the money that is available for immediate spending in the economy.

The velocity of money is the rate at which money circulates in the economy. Therefore, the velocity of money is a measure of the number of times narrow money circulates in the economy per period.

If the velocity of money is 3, narrow money circulates three times,  meaning the value of GDP will be the velocity of money multiplied by narrow money

=3 x 1.56 billion

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7 0
3 years ago
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