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Bumek [7]
3 years ago
7

A critical first step in the initiating phase of a project is to conduct a needs analysis, which:____________.A. identifies the

planned dates for performing tasks and meeting goals defined in a project plan. B. identifies the goals and tasks of a project, and the work required to complete them. C. identifies the requirements for each project task to ensure that the project objectives are met. D. identifies the problems or desires that the project must resolve or address.
Business
2 answers:
kobusy [5.1K]3 years ago
5 0

Answer: D. identifies the problems or desires that the project must resolve or address.

Explanation:

A critical first step in the initiating phase of a project is to conduct a needs analysis, which: identifies the problems or desires that the project must resolve or address.

The product must perform to provide the functionality expected, solve the identified problem, and deliver the benefit and value wanted.

horsena [70]3 years ago
3 0

Answer:

D. identifies the problems or desires that the project must resolve or address.

Explanation:

A critical first step in the initiating phase of a project is to conduct a needs analysis, which identifies the problems or desires that the project must resolve or address.

To successfully carry out a project, the manager should first of all, critically identify the problems or desires that the project must resolve or address. It's basically seeking a solution to the problem.

Thus, answering the question of "what purpose is the project serving"

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Norma-Jean [14]

Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.

<h3>What is new product development?</h3>

A new product development refer to a firm process of bringing in a new product to the marketplace.

In conclusion, the development of new product helps in potential worldwide distribution.

Read more about product development

<em>brainly.com/question/7285931</em>

4 0
2 years ago
Highland Industries makes custom yachts using a job cost accounting system. In anticipation of a busy year for 2019, Highland’s
il63 [147K]

Answer:

predetermined overhead per direct labor hour: $11.02

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

To solve for overhead rate we determinate the expected cost and distribute them over a cost driver which is, in this case; direct labor hours

<u>Expected overhead cost:</u>

Machinery maintenance   $   181,350

Utilities                              $  226,380

Supervision                        $   191,000

Materials handling cost     $    67,000

Building occupancy costs $    98,270

Indirect materials               $<u>     31,650 </u>

Total overhead:                 $  795,650

Total direct labor:    72,000

Overhead rate:   795,650 / 72,000 = 11.0206944= $11.02

3 0
3 years ago
While many others dreamed about owning their own business, Holly Gabrel decided to do something about it. Holly knew that being
tatyana61 [14]

Answer:

Sole proprietorship

Explanation:

The characteristics of Sole Proprietorship includes unlimited liability and the owner of the business runs the business. In this case, the owner Holly is legal owner of the business and is involved in the marketing and production of the business. As the business is not registered as a company, the liability is unlimited which meets the criteria of sole proprietorship.

3 0
3 years ago
Texarkana Company exchanged equipment that cost $85,000 and has accumulated depreciation of $29,800 and a fair value of $60,000.
viva [34]

Answer:

$4,800

Explanation:

Data provided in the question:

Cost = $66,000

Accumulated depreciation = $30,000

Book value = Cost - Accumulated depreciation

= $66,000 - $30,000

= $36,000

Now,

Fair value = $48,000 + $12,000

= $60,000

Thus,

Gain = $60,000 - $36,000

= $24,000

Therefore,

Gain to be recognized = $24,000 × [ 12,000 ÷ 60,000 ]

= $4,800

4 0
3 years ago
What is one major disadvantage of a capital formation strategy that focuses only on high risk investments
Troyanec [42]

Answer:

It increases the chance that the investment will lose all value.

Explanation:

If you go for a risky investment, it could increase the chance of it being a waste of time and money to sum it all up. But the answer you seek is, "It increases the chance that the investment will lose all value."

8 0
2 years ago
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