A because B only happens when lottery winners show the faces and stuff but most of them don’t and also C is wrong because if they thought about it thoroughly they wouldn’t be having financial problems
Answer:
Controllable margin =$125,000
Return on investment = 20%
Explanation:
<em>Controllable margin is the difference between the sales revenue and the controllable cost. Controllable costs include variable and fixed cost directly under the control of the manager and which are influenced by his decisions.</em>
Controllable margin - Sales revenue - variable cost - controllable fixed cost
Controllable margin= $500,000 - $300,000 - 75,000 = $125,000
Controllable margin =$125,000
Return on investment = (controllable margin/ Average investment) × 100
= (125,000/625,000) × 100 = 20%
Return on investment = 20%
Answer:
A. planning, scheduling, and controlling.
Explanation:
The phases of project management are -
1. Initiation
2. Planning
3. Execution - Scheduling
4. Control
5. Close
Option A is correct because the answer includes the 2nd, 3rd, and fourth phases of project management.
Option B is wrong because programming is not a phase of project management. Option C is a combination of management functions. Therefore, it is incorrect. Option D is not correct as the service project is not different from the manufacturing project. Option E is the project management technique.
Answer:
INNOVATION
Explanation:
First Mover Advantage is the gained competitive advantage due to being first entrant in the market & hence occupying significantly powerful place in that market segment.
First Mover advantages can be : Economies of Scale, because of higher demand (strong loyal customer base) & streamlined supply processes (old supply chains & supplier's connections) etc.
Old Trade Theorists suggested Factor Endowments as a reason for acquiring First Mover Advantage. New theorists highlight that 'Innovation' plays the main role in today's Knowledge Economies & endogenous growth approach (focusing on human capital, innovation & knowledge) era. Example : Amazon gained first mover advantage in E Commerce as it was first pioneer of innovative idea of selling goods at online platform.
