5. Penetration Pricing
Firms typically do this when offering a new product to take away some of the market shares of competitors by lowering the price of their products.
The correct option is (d): The project control process must occur regularly throughout the project and include except having a single inspection of the project's deliverables at the end of the project.
An inspection is, most generally, a prepared exam or formal evaluation exercise. In engineering and sports, inspection involves the measurements, checks, and gauges implemented to positive traits in regard to an object or pastime. The outcomes are usually in comparison to precise necessities and standards for figuring out whether the object or activity is in keeping with those objectives, often with a popular Inspection procedure in the area to ensure regular checking. Inspections are normally non-damaging.
Inspections may be a visual inspection or contain sensing technology which includes ultrasonic testing, carried out with an instantaneous bodily presence or remotely together with a far-off visual inspection, and manually or mechanically along with an automatic optical inspection. Non-contact optical measurement and photogrammetry have emerged as commonplace NDT strategies for the inspection of manufactured additives and design optimization.
To learn more about inspection visit here:
brainly.com/question/28546774
#SPJ4
Answer: entrepreneur; self disciplined
Explanation:
1. Given Pepe's willingness to accept the risks of opening and running Pepe's Pizzazzeria, he is clearly an example of an entrepreneur.
An entrepreneur is one who goes into a business despite knowing that there'll be risk along the way and uses the resources available to achieve his aim.
2. Pepe remains confident and enthusiastic even though his colleagues have poked fun at his ideas. This shows that Pepe is self disciplined. He knows what he wants and won't let any negative comments from anyone affect him.
b) False
A store is laid out to keep people in so they purchase more items.
Answer:
<u>(A) When selecting one of two projects, managers should select the project with the higher total expected cash flow.</u>
Explanation:
- When running a business the managers must take into account the type of business entity they are dealing with and also find the projects that deliver maximum returns and give them the maximum benefits.
- The business run by the sole owners must be based on generating a good client base and reducing the cost associated with the company.
- Thus it's essential to select the cash flow with a high amount of growth and lower risks.
