Answer: a project
Explanation:
A classic statement regarding project termination and closeout is that the termination of a project is a project. This is because during the project termination stage, many other things are still being done. Project termination stage in a project occurs after the completion of the implementation phase whereby the project deliverables have been given to the client.
The main purpose this stage is to know how well the project team has performed, and also to learn lessons for future purpose. During the project termination and closeout, a final project status report will be prepared and every significant variances has to be explained here after which a project review will be done with the stakeholders and the client. So, the project termination and closeout phase is actually another work on its own.
The economy is in equilibrium, and the natural and real or actual rates of unemployment will be equal.
In order for an economy to operate at its long-run potential output level, it must be equilibrium, and the economy is balanced in its production. Unemployment is one measure of an economy's equilibrium with the natural and actual rates as two benchmarks rates that must be calibrated towards equilibrium.
Answer:
Procedural
Explanation:
Procedural fairness is a justice practice used to obtain the highest level of evidence-based confirmation. Its characteristics are consistency, ethics and precision.
It is more used in companies because it uses impartiality to forecast results, which increases the satisfaction of consumers, who feel relevant in the process.
Answer:
To increase its revenue, transit authority should lower the fare.
Explanation:
The 'elasticity of demand' measures the change in consumers response in quantity he demands as a result of the change in price, other factors remaining same.
A product is called elastic if with the increase or decrease in price, there is a drastic change in the quantity demand of the product. If the transit authority will lower its fare, then their revenue will increase as the elasticity of demand for bus trip is 1.2. By lowering the fare, the demand would increase and their revenue will increase.
