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Oliga [24]
3 years ago
7

While differing in details, all of the major types of project life cycle models have a series of phases with activities that nee

d to be completed and approvals that must be received before the project can proceed to the next phase. True or False
Business
1 answer:
Gnoma [55]3 years ago
5 0

Answer: True

Explanation:

The project life cycle is simply the path that is taken by a project from its start to the end. A standard project normally has the initiation phase, planning phase, the implementation phase and lastly the closure phase.

All of the major types of project life cycle models have a series of phases with activities that need to be completed and approvals that must be received before the project can proceed to the next phase.

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A shift in a ppc/ppf to the______________ illustrates growth which may be generated by better utilizing existing resources (impr
LuckyWell [14K]

A shift to the right (or outward) in a ppc/ppf represents expansion, which may be brought about by better utilizing current resources (improved technology) or by gradually acquiring more resources.

The Production Possibility Frontier (PPF): What Is It?

The production possibility frontier (PPF) is a graphed curve that shows the possible output of two items whose production is reliant on a single finite resource. The PPF is often referred to as the production possibility curve.

PPF is important in economics as well. For instance, it can show that a country's economy has achieved the maximum level of effectiveness.

to know more about Production Possibility Frontier (PPF)

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3 0
2 years ago
Which of the statements is true regarding advertising? Perfectly competitive firms have the strongest incentive to advertise. Ad
myrzilka [38]

Answer:

The correct statement about the advertisement is that, it is the only potential as well as effective toll if the firm or business has the market power.

Explanation:

Advertising is the term which is stated as the medium by which the firm informs the potential customers or clients about the goods and services, arouse interest as well as induce the buyers to buy the product.

It helps in differentiate the products and also build the brand. So, in case the firm does not have the market power, then the firm would not have the no control over the quantity and the price of the product, which lead to ineffective advertising.

7 0
3 years ago
Which of the following is mostly associated with the federal reserves role as the governments bank
Alecsey [184]
Indian currency value . and law and order RBI role
3 0
3 years ago
The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. At a
Citrus2011 [14]

Given Information:

The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. At a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $2 million. If it would cost $1 million to finish development and make the product, should you go ahead and do so? What is the most that you should pay to complete the development?

Answer:

Yes, because the total loss would then be $3 million rather than $5 million. The most you should pay to complete the development would be $2 million.

Explanation:

Every product or service that is marketed or is related against, and competitive with, a product or service created or produced by Fiserv or manufactured or distributed. Competitive Product or Service

In the end demand for the product declines due to the exhaustion of supply and economies and new technologies and shifts in the preferences of the customer.

The projected benefit generated by the new product must be offset by the profits from expenses in the project appraisal.

5 0
3 years ago
Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the projec
otez555 [7]

Answer: B - 2.09 years

Explanation:

Discounted payback period calculates how long it takes for the amount invested in a project to be recovered from the cash flows generated from the project.

The calculation used in getting the answer is found in the attachment.

6 0
3 years ago
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