Answer:
Explanation:
Governance process for managing projects and setting priorities
Standards of performance including consequences of non-performance
The main purpose of a Project Management Office (PMO) is to make sure that projects and programs are run in a repeatable, standardized way.
What Are The Functions of a Project Management Office (PMO)?
PMO is the backbone of a successful project management system at an organization. It provides decision support information, although it doesn’t make any decisions itself.
Governance
Transparency
Reusability
Delivery support
Traceability
Answer:
Channel incentives are a behavioral modification tool that influence channel partners – such as dealers, contractors, resellers, and vendors – to align their behaviors with overarching business goals. These behaviors could include: Increasing overall sales volume. Increasing sales for high margin products
Explanation:
Answer:
(a) $4,084,000
(b) $6,715,000
Explanation:
(a) Current Assets:
= Current Liabilities + Working Capital
= $750,000 + $134,000
= $884,000
Therefore, the book value of Klingon’s total assets today is as follows;
= Current Assets book value + Net fixed assets
= $884,000 + $3,200,000
= $4,084,000
(b) Market value of NWC:
= market value of current assets - current liabilities
= $865,000 - $750,000
= $ 115,000
Sum of market values of NWC and fixed assets:
= Market value of NWC + Market value of fixed assets
= $ 115,000 + $6,600,000
= $6,715,000
In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced.
Example of variable expenses are:
- Raw material expenses
- Cost of plastic to make a handphone case
- Cost of carrots if the company is selling carrot pies
- etc
Answer:
d) $13
Explanation:
contribution margin per unit:
- product B = $45
- product C = $39
- product D = $25
contribution margin per machine hour:
- product B = $45 / 2.5 = $18
- product C = $39 / 3 = <u>$13</u>
- product D = $25 / 1.25 = $20
the company should first produce 800 units of product D and use 1,000 machine hours. Then it should produce 680 units of product B using 1,700 machine hours. In order to produce the remaining 20 units of product B and the 600 units of product C, the company must rent machine hours and the maximum possible price per hour is $13 (contribution margin per machine hour product C).