Answer:
Return on Investment is 12%.
Explanation:
Net income = Dividend = $0.60
Current Value = $33
Original Value = #30
Formula for Return on Investment:
Return on Investment = (Net Income + (Current Value - Original Value)) / Original Value x 100
ROI = (($0.60 + ( $33 - $30 ) ) / $30 ) x 100
ROI = (($0.60 + $3 ) / $30 ) x 100
ROI = ( $3.60 / $30 ) x 100
ROI = 0.12 x 100
ROI = 12%
So Return on Investment is 12% for the given investment.
Answer:
A single firm produces a product with no close substitutes and control over the market price.
Explanation:
Monopoly is the uncontested exploitation of a business or industry, by virtue of a privilege. It is the possession or the right in an exclusive character. To have the monopoly is to possess or to enjoy the exploitation in an abusive way, is to sell a product or service without competitor, by high prices. From the Greek monos, which means "one" and "polein" meaning "to sell".
Answer: CPM and PERT use different activity time estimates.
Explanation:
Program (Project) Management and Review Technique (PERT) is appropriate when the project time needed to complete different activities are unknown while the Critical Path Method or CPM is fitted for recurring projects in nature. PERT deals with activities that are not predictable but CPM deals with repetitive activities. PERT focuses/concentrates on time while CPM focuses on time-cost & trade-off. Also, PERT requires three-time estimate while CPM requires one-time estimate. PERT uses a probabilistic model and on the other hand, CPM uses a deterministic model. In PERT, a technique of planning and controlling time is used but CPM uses a technique to control cost and time.
Answer:
Crashing
Explanation:
The scenario perfectly explains 'Crashing', which is employed by project managers when deadlines of projects come closer. If a project is to be completed within the schedule in order to achieve it's intended benefits but with all the existing resources it's not becoming possible to have it completed on time, in such cases additional resources are brought in for completing the project or if securing of additional resources isn't possible, then under crashing, requirements or scope of the project could be reduced after taking major stakeholder's agreement. The purpose of crashing is to achieve maximum reductions in time with incurring minimum additional cost.