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Natalka [10]
3 years ago
9

A project is rushed into design without a total understanding of the owner's needs. As the project moves through the design, add

itional requirements are added, increasing the project budget. 'This is an example of:________
a. Project acceleration
b. Fast tracking
c. Scope creep
d. Separated functions
e. None of the above
Business
1 answer:
mote1985 [20]3 years ago
6 0

Answer:

The correct answer is letter "C": Scope creep.

Explanation:

Scope creep happens during the execution of a project when its requirements are extended usually related to the budget. This type of unexpected event puts the project at risk. To avoid these types of actions constant follow up on the progress of the project is required.  

<em>Lack of clarity and precision in the project's specifications or designing and developing activities without making a proper execution plan can also lead to scope creep.</em>

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Tejas has decided to finance his college education through student loans. He is planning on taking out $100,000 in loans to beco
aleksklad [387]

Answer: A. No, because he is taking out more debt then he will ever be able to pay back.

Explanation:

Getting the finance to foot one's bills could come from many different sources, one of which is to put in for a loan. However, the advice to secure a loan might best be given by a finance expert who has the knowledge and expertise required to adequately access the value of the loan, the probable return on investment and ayher embedded considerations. In the scenario given above, taking out a loan of up to $100,000 in other to target the job of finally landing a teaching job at a nursery school which would on average return a meagre pay than cannot be pitted with the loan value would be considered unreasonable on average by a finance professional simply because the return on investment will probably be nothing near the value of the loan. This way, the debt incurred from due to the loan application may never be returned from the intended job.

4 0
3 years ago
You are an IT consultant. A small business client wants to explore cloud computing services as a way to save money and space. Th
xxTIMURxx [149]

Answer:

Virtual.

Explanation:

Virtual means not physically existing as such but made by software to appear to do so.

6 0
3 years ago
To be eligible for business deductions your business must make a profit in any blank years of a blank -year period
BlackZzzverrR [31]
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6 0
3 years ago
Tim purchased a bounce house one year ago for $6,500. During the year it generated $4,000 in cash flow. If Time sells the bounce
Mkey [24]

Answer:

Tim's rate of return under these conditions would be <u>55.38%</u>.

Explanation:

Rate of return refers to the income realized or to be realized from an investment expressed as a proportion of the cost of that investment.

For Time, his rate of return can be calculated using the rate of return formula as follows:

Rate of return = Net return / Purchase price .................... (1)

Where;

Rate of return = ?

Net return = Total realizable amount - Purchase price .......... (2)

Purchase price = $6,500

Total realizable amount = Cash flow generated + Amount to realize if sold = $4,000 + $6,100 = $10,100

Substitute the relevant values into equation (2), we have:

Net return = $10,100 - $6,500 = $3,600

Substitute the relevant values into equation (1), we have:

Rate of return = $3,600 / $6,100 = 0.5538, or 55.38%

Therefore, his rate of return under these conditions would be <u>55.38%</u>.

6 0
4 years ago
Read 2 more answers
A metallurgist has one alloy containing 26%26% copper and another containing 69%69% copper. How many pounds of each alloy must h
Brilliant_brown [7]

Answer:

Ans. He must use 2,987.76 pounds of alloy X (Cu=69%) and 2,365.24 pounds of alloy Y (26%=Cu)

Explanation:

Hi, let´s call alloy X the alloy that contains 69% of Cu and alloy Y the one containing 26% of Cu. Since he needs to produce 5,353 pounds of alloy, the first equation that we need to use is the following.

X+Y=5,353

Now, we need this 5,353 pounds of the new alloy to be 50% Cu, therefore, we have to use a portion of alloy X and alloy Y. This is as follows.

0.69X+0.26Y=0.5(X+Y)

And we have already established that X+Y is equal to 5,353, therefore this equation should look like this.

0.69X+0.26Y=5,353*0.5

0.69X+0.26Y=2,676.5

And we solve for X this equation, this as follows.

0.69X=2,676.5-0.26Y

X=\frac{2,676.5-0.26Y}{0.69}

X=3,878.98-0.3768Y

Now, we use this result and substitute this for X in the first equation like this.

3,878.98-0.3768Y+Y=5,353

and then, we solve for Y

0.6232Y=5,353-3,878.98

Y=\frac{1,474.02}{0.6232} =2,365.24

So, he needs to use 2,365.24 pounds of alloy that contains 26% of Cu, this means that the rest (2,987.76 pounds) must come from the alloy that contains 69% of Cu.

We can check this result by finding the overall Cu obtained by this amounts of alloy, that is

Coppper FromX=2,987.76*0.69=2,061.55

Coppper FromY=2,365.24*0.26=614.96

That adds up to 2,676.51 pounds of pure Cu, and since the total weight of the new alloy is 5,353, this amount of copper makes up for:

PercentCu=\frac{2,676.51}{5,353} =0.5

50% of the total weight.

Best of luck.

7 0
3 years ago
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