Business analysis phase of the new product development process
Answer:
Statement of Cost per equivalent unit
Particulars Materials Conversion
Cost of beginning work in process $8,130 $9,128
Add: Costs added during the month <u>$226,500</u> <u>$284,232</u>
Total cost A $234,630 $293,360
Number of equivalent units B <u> 9,900 </u> <u> 9,400 </u>
Cost per equivalent unit (A/B) <u>$23.70 </u> <u>$31.21 </u>
Answer:
Identify the sequence of tasks that take the longest to complete
Explanation:
Program Evaluation and Review Technique (PERT) is a project management tool that is used to manage potential contingencies in the process of executing a project. It is used to schedule ,organize and coordinate tasks in a project.
Determining the critical path on a PERT network lists out the time required for different tasks to be completed and as a result , the sequence of tasks that require the longest time are identified.
Answer:
a) the leader presents ideas and invites questions.
Explanation:
Leadership continuum is a leadership style which describes the relationship with respect to the autonomy that a manager gives to his subordinates, and the level of authority used by him/ her. This is a inverse proportional relation which reduces the authority of the manager when team's freedom increases. It debases an autocratic rule by a manager, especially in taking decisions.
The example cited in the question is a way of taking decision by suggestions by expecting questions from his team.