<span>The difference between a privately-held and public company
is that the owners of the private company are the company’s founders or a group
of private investors while in the public company, the company has undergone an
initial public offering that means the company sold a portion of its shares to
the public. The management of a public company is answerable to the
shareholders as opposed to the private company. A public company sells the
shares of stock and is listed in the stock exchange while a private company is unlisted. </span>
The best approach to help manage the scope for the project where the customer asked for more items to be added to the scope is to <u>switch to an</u><u> Agile approach</u>.
<h3>What is an Agile approach?</h3>
An agile approach to help manage the scope for the project would involve:
- Breaking up the scope into several phases.
- Ensuring constant collaboration with stakeholders.
- Using continuous incremental improvements.
Thus, the best approach to help manage the scope for the project where the customer asked for more items to be added to the scope is to <u>switch to an</u><u> Agile approach</u>.
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If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.
<h3 /><h3>Total cost</h3>
Using this formula
Total cost = Variable cost + Fixed cost
Where:
Variable cost=(1200×$0.35)=$420
Fixed cost=$10,000
Let plug in the formula
Total cost = (1200×$0.35) +$10,000
Total cost=$420+$10,000
Total cost=$10,420
Inconclusion If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.
<h3 />
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Setting goals. Having a game plan to work off of. Having all the right tools to perform the kind of work your business will be doing and making sure you have the assets to start the business up.
Answer:
it will take 16.89 years for the account to increase to $2 million.
Explanation:
PV = $400,000
FV = $2,000,000
I/Y = 10%
Solving for N in:
FV = PV * (1 + I/Y)N
$2,000,000 = $400,000 * (1.10)N
5 = (1.10)N
N = 16.89 years
Therefore, it will take 16.89 years for the account to increase to $2 million.