Answer:
b. The project's schedule will slip only if the float / slack period for the critical path activities is not enough to resolve the resource overload issue.
Explanation:
This is true because, the resource overload will be an impediment to the critical activities going on in the project. There supposed to be an equilibrium between the resource and the project schedule in-order to ensure completion of the project within the given time frame.
<u>Complete Question:</u>
The mean absolute error, mean squared error, and mean absolute percentage error are all methods to measure the accuracy of a forecast. These methods measure forecast accuracy by
a. adjusting the scale of the data.
b. determining how well a particular forecasting method is able to reproduce the time series data that are already available.
c. predicting the future values and wait for a pre-defined time period to examine how accurate the predictions were.
d. using the current value to estimate how well the model generates previous values correctly.
<u>Correct Option:</u>
These methods measure forecast accuracy by determining how well a particular forecasting method is able to reproduce the time series data that are already available.
<u>Option: B</u>
<u>Explanation:</u>
The forecast reliability is the level of proximity of the quantity assertion to the real or true value of that quantity in statistics. Typically, at the time the prediction is produced, the real value can not be calculated, as the assumption involves the future.
Accurate sales forecasting is an essential resource that businesses need to have. This helps managing directors gage desire for their goods. It allows companies handle inventories better. Sales forecasting enables businesses to look into the future and schedule their movements strategically to maximize development.
Answer:
C. promoting a new product.
Explanation:
A foreign direct investment (FDI) can be defined as an investment made by an individual or business entity (investor) into an investment market (industry) located in another country. The investor here, shares a different country of origin from the country where his investment is located.
When establishing a foreign direct investment, investors are required to consider some basic entry decisions such as free market, political stability, low inflation rates, pioneering costs etc.
In a foreign investment, pioneering cost arises because the business investment differs from that in the firm's domestic market and such it is necessary that, the firm dedicate a good deal of time, money (expenses) and efforts to learning and adapting to the market rules, policies and processes.
<em>Hence, an example of a pioneering cost is the cost of promoting a new product, cost of enlightening and education of customers etc. </em>
Answer:
Be smart and watch out for snakes