The final report should include an assessment of the effectiveness of the project team, not only in terms of actual performance on the project, but also with regard to team building and staffing policies.
The continual process of discovering, choosing, assessing, and establishing a working rapport with present or potential employees is referred to as staffing. Finding qualified applicants to fill the various positions inside the firm is the major purpose of staffing.
Staffing is the process of finding, vetting, and hiring new employees inside a company or organization to fill unfilled positions. A staffing department may also be responsible for handling other aspects of employment, such as orientation, training, retention, and termination.
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Answer:
The statement is: True.
Explanation:
The Time Value of Money is a concept that states a dollar today is always worth more than a dollar tomorrow. The theory relies on the earning capacity of money. The approach is the reason why entrepreneurs prefer to capitalize on their investments the soonest so the more money available now will represent for them more money accrued in the future.
Answer:
C) lack of venture capital for innovative products.
Explanation:
Embryonic industries are such industries that are at the beginning stage in their life-cycle. More specifically, newly established ventures are called the embryonic industry or firm.
Options A, B, D, and E all are wrong because a new firm may not produce high qualified first products. It may not have the right complementary products, the production cost may be higher than expected, and finally, there are a few distribution points. Those lead to the slow growth of the embryonic industry.
Option C is the answer because venture capitalists like to invest in innovative products, so there should not be a lack of capital.
Answer:
implied
Explanation:
Warranty is an assurance that a product will do the work for which it was intended and be of the same quality and grade like others of its class received by a buyer of a product from the seller whether expressly stated or not . This follows that where the product is discovered to be substandard or defective, the seller will either repair or replace the product in line with the terms and conditions of sales.
Implied Warranty is a quality assurance statement given by a buyer to a seller that is neither oral nor written but generally understood by law to be associated with products and services of that industry