Answer:
How you become a good Project Manager?
You become a good project manager by making a good ans sound decision, able to work under pressure with little or no supervision, explore opportunities and have an astute skill to lead.
How to manage projects in a complex society?
Managing projects in a complex society entails keeping to time and delivering on time too. By so doing, more projects comes in as no one desire a delay in business and handling of his projects.
How to manage people to ensure a successful project team?
Good and prompt supervision making, conducting trainings to equip staff to be able to deliver the exact requirement to make business smooth.
How to understand the context of complexity of your project?
As no one jumps into becoming a project manager, it requires a process in which the operation and handling of challenges in a projects is known. Understanding the complexity of projects requires studying the projects knowing the cost and in total wha
The manager of a supermarket would like to know which of several quality problems to address a tool that would be most helpful would be a Pareto chart.
A Pareto chart is a form of a graph with both bars and a line graph, where the bars reflect individual values in descending order and the line the cumulative total. The chart is called after the Pareto principle, which takes its name from renowned Italian economist Vilfredo Pareto.
The Pareto chart's goal is to draw attention to the most significant among a group of (usually several) components. Pareto charts can be used in quality control to identify the flaws that need to be fixed first in order to see the biggest overall improvement.
It frequently reflects the most frequent causes of faults, the most prevalent kind of defect, the most common causes of customer complaints, and so forth. For each bar in the Pareto chart, Wilkinson (2006) developed a method that generates statistically based acceptability limits (akin to confidence intervals).
Learn more about the Pareto chart here:
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Answer:
A. Set above equilibrium price
Explanation:
A price ceiling is a mandatory maximum price that a seller is allowed to charge. Generally, a government may impose this in order to protect consumers, especially with regards to the purchase of essential goods.
If the price ceiling was set below the equilibrium price (option c) or if the equilibrium price is above the price ceiling (option b), it will immediately cause a shortage (option d) since the quantity demanded would be higher than the quantity supplied when the price falls. This is because people will be willing to purchase more since it is cheaper but suppliers will be willing to produce less due to lower profits. Hence, options b, c and d are eliminated.
Option A is correct because... (please refer attached diagram):
When the price ceiling is above the equilibrium price, suppliers are willing to supply more since they can make higher profits but consumers will reduce purchasing since it is expensive. However, it does not cause any immediate effect because it takes time for suppliers to be able to produce more and cannot be done immediately unless anticipated in advance. In the long run however, quantity demanded will fall from equilibrium quantity to D1 and quantity supplied will rise from equilibrium quantity to S1. Hence, causing a surplus between D1 - S1 in the long run.
The answer is "nominal damages".
Nominal damages alludes to a harm or damage grant that is issued by a court when a legitimate wrong has happened, yet where there was no real budgetary misfortune because of that lawful wrong. Regularly, when an nominal damage grant is utilized, the offended party will be granted $1 or $2. This may appear to be senseless, however nominal damages fill an essential need.
Inadequate capital. Entrepreneurs do not have enough money to venture into sectors they are willing to.
Marketing strategy. They do not know the best way to advertise their products.
It takes days or weeks to get the right people to work for you.
