<span>Management Type: Market Trumps Functional Trumps Matrix. ...Empower People to Make Decisions. ...Strategic Planning Should Focus on Solutions. ...<span>Build Consensus and A Sense of Ownership Through BPT. ...</span></span>
Answer:
The probability that the project will finish in 16 months is 0.7.
Explanation:
From the data the mean time is given as 
The variance is given as 
So the standard deviation is 
Now the X is given as 16 so
Calculating the z score as
So for the z score of 0.5 the probability is given in Excel as
=NORMSDIST(0.5)
=0.69 ≈0.7
So the probability that the project will finish in 16 months is 0.7.
Answer:
The answer is: E) Only A and C of the above
Explanation:
Financial intermediaries are institutions that offer a service for individuals or institutions who want to save or borrow money. They help to promote a more efficient economy.
We take some things for granted, but try to imagine if no banks existed.
For instance, you need to borrow $200,000 to buy a new house, but none of your friends or family can lend to you. If banks (or other types of financial institutions) didn´t exist, you would have to search your neighborhood or workplace for someone willing to lend you the money. It is possible for you to find a private lender, but it would be time consuming and very inefficient. Instead the easiest way is to go to a bank and ask for a loan.
The same happens if you have saved some extra money. If banks didn´t exist you would have to hide it in your house or other places, or lend it to someone you knew that needed that money and is willing to pay it back with interest. Banks make saving money much more easy and safer.
Answer: their domestic consumers are demanding
Explanation:
In Porter's Diamond Strategy, he explains why some nations are more competitive than others. One of the factors mentioned was the DEMAND CONDITIONS.
He posited that home demand has a huge influence on how favourable domestic industries are.
How?
A larger market at home presents companies with challenges as well as more opportunities to grow and become better and more efficient.
Striving to satiate such a demand will enable companies to scale new heights and they will learn more about consumer behavior much quicker. They will then use this knowledge to apply and conquer new markets thanks to being forced to adapt early by their own domestic market.
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