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Temka [501]
3 years ago
9

You are the project manager for Fun Days Vacation Resorts. Your new project assignment is to head up the Fun Days resort opening

in Austin, Texas. You are estimating the duration of the project management plan activities, devising the project schedule, and monitoring and controlling deviations from the schedule. Which of the Project Management Knowledge Areas are you working in?
Business
1 answer:
tatuchka [14]3 years ago
6 0

Answer:

The correct answer is the area of<em> ''Proyect Schedule Management''</em>.

Explanation:

The Proyect Schedule Management area is the one that consumes more time for the manager of the proyect and where he <em>must plan a strict schedule</em> in which the team must focus on and <em>also a budget</em> for the tasks that must be done regarding that schedule. In addition, the manager of this are does also need to<em> establish and define the activities</em> of the plan, sequence or <em>order those activities</em> and <em>estimate an average time of duration</em> of those activities. And finally, the manager needs to <em>control that the schedule is going according to the plan</em> and therefore monitoring is important as well.

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Suppose that the price of product x rises by 20 percent and the quantity supplied of x increases by 15 percent. The coefficient
SSSSS [86.1K]

Answer: Coefficient of elasticity of supply is 0.75.

Explanation:

Price elasticity of supply measures the responsiveness of quantity supplied to a change in the price of the good. It can be measured using the percentage point method,

e_{s} = \frac{Percentage change in Quantity supplied}{Percentage change in price}

=\frac{15}{20}

=0.75

Therefore, coefficient of elasticity of supply is 0.75. Since it is less than 1 we can infer that supply for this good is relatively inelastic.

3 0
3 years ago
The business side of IT is very different from the business itself. T/F
krek1111 [17]

Answer: True

Explanation: The IT department of an organization is responsible for managing everything related to technological resources and would not necessarily be related to the company's own activities, but they have to work hand in hand to provide the best technological solutions.

For example: a food distribution industry, should have good resources in inventory technology, or in GPS system for transport, are technological resources but are not the same as business.

8 0
3 years ago
In a market there is a shortage of a good. What change would cause the market to come to an equilibrium?
Oksi-84 [34.3K]

Answer:

D) a rise in price

Explanation:

At the equilibrium point, the quantity demanded and the quantity supplied are the same. There is no excess shortage or supply in both demand and supply.

A shortage occurs when suppliers are not able to meet the market demand. Here, demand is the quantity that buyers are willing to buys at a specific price over time.  As per the law of demand, high product price causes demand to decrease while low price results in increased demand.

A shortage of a product means its demand is high. Many buyers are willing to buy the commodity at the current price.  As per the law of demand, a price increase will result in reduced demand and achieve equilibrium.

3 0
3 years ago
The management of Truelove Corporation is considering a project that would require an initial investment of $321,000 and would l
Art [367]

Answer:

2.6 years

The appropriate response to carry out the project if the payback period is within the acceptable payback period of the company

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback period = amount invested / cash flow

Cash flows is used in calculating the payback period.

To derive the payback period from net income, add depreciation to net income

$82,000 + $42,000 = $124,000

$321,000 / $124,000 = 2.6 years

I hope my answer helps you

4 0
3 years ago
Which statement is FALSE?
morpeh [17]

Answer:BB

Explanation:b

3 0
3 years ago
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