Answer:
the correct answer is "opportunity cost".
the opportunity cost here means the cost of the next best opportunity lost because of spending time at work, this could be 8 hours, 10 hours at work, etc.
the underline point here is that when someone works for, lets say, 8 hours, he or she could have done something else that they enjoy and brings value to them and their family.
but since they are working, they can not engage in that activity. because of this, we call it the opportunity cost! simple right?
Explanation:
Answer:
Decrease
Explanation:
Given that
Change in quantity demanded = 6%
change in price = 14%
Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)
= 6% ÷ 14%
= 0.42
Price elasticity of demand is greater than 1 that which means demand is elastic. Therefore the increase in price, the revenue will decrease because demand is elastic.
THE ANSWER TO THIS QUESTION IS JOE HAS A HIGHER ONE
Answer:
c) Adding additional project resources to the project
Explanation:
Falling behind schedule is something that needs to be avoided or dealt with promptly and systematically
Crashing is the technique to use when fast tracking has not saved enough time on the project schedule. You use crashing to save resources to the project for the least cost possible. Anyhow, crashing is expensive because more resources are added to the project.
References:
Dave. “A Step-by-Step Process of Dealing with a Project That Is Falling behind Schedule.” MyClientSpot Blog, 10 Sept. 2015
Monnappa, Avantika. “Project Management Learning Series: Fast Tracking Versus Crashing.” Simplilearn.com, Simplilearn, 27 Sept. 2019,
Answer:
Cascade down.
Explanation:
MBO means Management by Objectives.
Is a program that encompasses:
-specifict goals
-participatetively set
-for an explicit time period
-with feedback on goal progress
MBO operationalizes the concept of objectives by devising a process by which objectives cascade down through the organization.
The result is a hierarchy of objectives that links objectives at one level to those at the next level.
For individual employee, MBO provides specific personal performance objectives.
The cascade down of objectives is:
1 Overall organizational objectives
2 Divisional objectives
3 Departamental objectives
4 Individual objectives