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iVinArrow [24]
3 years ago
11

A project professional has just been assigned manager of a project to develop a new advertising campaign for an established prod

uct. What is the second step the project manager should do
Business
1 answer:
german3 years ago
4 0

Answer:

<u>Establish project priorities</u>

Explanation:

<em>Remember</em>, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.

In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.

You might be interested in
Which demand situation occurs when a competitor offers a similar product or service at a lower price?
Naya [18.7K]

Answer:

Falling demand

Explanation:

Falling demand refers to a situation where the sales volume of a good or service is on a continuous decline compared to the previous seasons. Consumers are no longer finding that particular product or service appealing to buy. Falling or declining is also referred to as faltering demand.

The introduction of a similar product by competitors at a lower price may lead to a decline in demand for the existing goods. Customers will prefer the new cheaper product. As a result, the more expensive and old product will experience falling demand.

3 0
3 years ago
Assume the following exchange rates: $1 = NZ$3, NZ$1 = MXP2, and $1 = MXP7. Given this information, as you and others perform tr
Vika [28.1K]

Answer:

c. Appreciate; Appreciate

Explanation:

Triangular arbitrage is the act of taking an opportunity resulting from a pricing discrepancy among three different currencies when the currency's exchange rates do not exactly match up

This cases are very rare and for a quite short period of time so there are very few traders who takes the advantange of them.

Lets study th given cases here:

A) NZ dollar Versus Mexican Peso

The exchage rate is 1NZ$= 2 Mexican Pesos (MXP)

But if we apply the triangular arbitrage:

1 NZ dollar = 0.3333 US$

and we know tha 1 US$= 7 Mexican Pesos (MXP

Then 1 NZ dollar = 0.3333* 7 MXP= 2.333 MXP

So the NZ dollar appreciates

B) MXP Versus U$S

The exchage rate is 1 MXP= (1/7) U$S

But if we apply the triangular arbitrage:

1 MXP = 0.5 NZ

and we know tha 1 NZ= 0.333 US$

Then 1 MXP = 0.5* 0.333 U$S= 0.166 U$S

So the MXP appreciates

7 0
3 years ago
a contraction period is characterized by the following attributes: businesses that are operating lower productive capacity, unem
Goryan [66]

Economic cycle is defined as the fluctuations of the economy between the period of expansion and contraction.

There are four stages of economic cycle :

Expansion, peak, contraction, trough

Under the stage of contraction, the business flow is slow as low retail sales, prices, interest rates. The correction will takes place in this stage and economy started recovering in the next stage that is trough.

It is very important to insight the economic cycle for taking major decisions regarding investment and business.

This cycle goes in cyclic pattern.

The investors will invest more in the contraction period because rates were relatively low in this stage.

To know more about economic cycle:

brainly.com/question/1253307

#SPJ4

4 0
2 years ago
Strait Co. manufactures office furniture. During the most productive month of the year, 3,000 desks were manufactured at a total
Doss [256]

Answer:

b. $25,400

Explanation:

Please see attachment .

3 0
3 years ago
Suppose Blue Hamster Manufacturing Inc, is evaluation a proposed capital budgeting project (project alpha) that will require an
Neko [114]

Answer:

d. $757,991.26

Explanation:

Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)

= (325,000/1.10) + (425,000/1.10^2) + (450,000/1.10^3) + (400,000/1.10^4)

= $1,257,991.25743

NPV = Present value of inflows - Present value of outflows

NPV = $1,257,991.25743 - $500,000

NPV = 757991.25743

NPV = $757,991.26

8 0
3 years ago
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