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3 years ago

Typically, a steering team or leadership team is responsible for all of the following project related roles EXCEPT:

Business

1 answer:

yaroslaw [1]3 years ago

5 0

Answer:

Letter A is correct. <u>Providing rigid policies, procedures, standards and guidelines.</u>

Explanation:

A steering team or leadership team is a group formed by experts or stakeholders who will provide assistance and guidance in managing a project. Like for example:

Budgets;
Marketing strategies;
New endeavors and
Company policies.

Stakeholders have the main objective of ensuring that the project is carried out in accordance with the company's strategic objectives, and managing the team to ensure compliance with the project's goals and deadlines.

The entire set of actions of the steering team or leadership team will ensure that the team achieves the final results expected for the project.

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The _____ approach to systems development is a group-based tool for collecting user requirements.

miss Akunina [59]

C. prototyping, does it makes sense now.

8 0

3 years ago

. Distinguish between the short run and the long run as they relate to macroeconomics. Why is the distinction important

STALIN [3.7K]

Answer:

1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.

2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.

Explanation:

Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.

In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.

5 0

3 years ago

One of the top-selling items at a gift shop at Hilo, HI are autographed pictures of Jack Star. Sales are 18 pictures per week, a

ValentinkaMS [17]

Answer:

a. 54

b. 810 dollars

c. 390 dollars

d. 75 pictures

e. 561.6 dollars and 562.5 dollars

f. 38 pictures

Explanation:

demand per week = 18 pictures

annually this demand = 18 *52 = 936

charge per unit = 60 dollars

order for 6 weeks = 6*18 = 108 quantities

cost of ordering = 45 dollars

cost of holding annually = 15 dollars

a. current average inventory

= (18*6)/2

= 54 pictures

b. current annual holding cost

(108/2)*15

= 810 dollars

c. current annual holding cost

= 936/108 * 45

= 390 dollars

d. size orders to be placed

= $\sqrt{\frac{2*936*45}{15} }$

= $\sqrt{5616}$

= 74.9

≈ 75 pictures have to be ordered

e. ordering holding cost per picture

936/75 * 45

= 561.6 dollars

and inventory holding cost per picture

= 75/2 * 15

=562.5 dollars

f. shop inventory per year at optimal ordering quantity

= 75/2

= 37.5

≈ 38 pictures

4 0

3 years ago

You have the following information for Crane Company for the month ended October 31, 2022. Crane uses a periodic method for inve

Mazyrski [523]

Answer:

Crane Company

1. Weighted average cost per unit = $25.032

2. (1) LIFO (2) FIFO (3) Average-cost

Ending inventory $1,580 $1,940 $1,752

Cost of goods sold 6,180 5,820 6,008

Sales revenue $9,150 $9,150 $9,150

Gross profit 2,970 3,330 3,142

Gross profit rate 32.5% 36.4% 34.3%

Explanation:

a) Data and Calculations:

Date Description Units Unit Cost or Selling Price Total

Oct. 1 Beginning inventory 50 $22 $1,100

Oct. 9 Purchase 110 24 2,640

Oct. 11 Sale (90) $35 $3,150

Oct. 17 Purchase 90 26 2,340

Oct. 22 Sale (50) 40 2,000

Oct. 25 Purchase 60 28 1,680

Oct. 29 Sale (100) 40 4,000

Total 310 (240) = 70 $7,760 $9,150

Weighted average cost per unit = $25.032

LIFO:

Ending inventory

= (50 * $22) + (20 * $24)

= $1,100 + $480

= $1,580

Cost of goods sold = $7,760 - $1,580 = $6,180

FIFO:l

Ending inventory:

= (60 * $28) + (10 * $26)

= $1,680 + $260 = $1,940

Cost of goods sold = $7,760 - $1,940 = $5,820

Weighted-average costs:

Ending inventory = 70 * $25.032 = $1,752

Cost of goods sold = $7,760 = $1,752 = $6,008

6 0

3 years ago

explaining the evolution of money commodity money, because it is valued more highly, tends to drive out paper money. paper money

Pachacha [2.7K]

Answer:

This is the complete answer and answer choices arranged properly

- In explaining the evolution of money:

A) government regulation is the most important factor.

B) commodity money, because it is valued more highly, tends to drive out paper money.

C) new forms of money evolve to lower transaction costs.

D) paper money is always backed by gold and therefore more desirable than checks.

The answer is:

C) New forms of money evolve to lower transaction costs

Explanation:

Money is the current medium of exchange worldwide in the form of coins and banknotes known as currency and varies from country to country. It evolved from being a commodity good, to metallic coin, bank, note, check, and plastic money in the form of cards.

Transactions between individuals were based on trade by barter, a system of exchanging goods between individuals who has a particular good but desire another to exchange the goods he has with another person who has the goods he desires, before the advert of money.

This system of trading by barter is limited in that it only allow for two people who have possession of goods that compliment what the other person is looking for and then locate each other.

With trading by barter, high transaction costs, exchange of goods was difficult and being unable to be carried out.

Money then evolve to lower this transaction costs and make exchange of goods possible without needing to have what another person wants and the trouble of finding them.

The evolution of money allowed individuals to enables and promote economic transactions and lowered the costs ingrained to those operations.

3 0

3 years ago

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