The metrics based on financial numbers produced by the accounting system are quantitative factors.
Quantitative factors are numerical outcomes from any decision which could be measured. These factors are commonly included in various financial analyses, which are used to evaluate any situation.
Managers are generally taught to rely on quantitative factors as a large part of their decision-making processes.
In other words, managers can easily quantify the effects of a decision. This could include measuring different costs, revenues, or even non-financial data for outcomes to a decision.
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Answer:
Directive PMO
Explanation:
A project management office(PMO) refers to creation of groups and departments within an organization so as to define standards and to ensure those standards are met.
In a directive form of project management office, it completely takes over projects and allots resources, and assigns project managers to projects.
In such a form of Project management office, the project managers are supposed to report to such directive offices.
In the given case, since Fran reports to such a PMO form which assumes control of the projects and manages the project, this is a directive form of project management.
Answer:
Operations management
Explanation:
Operations management is a specialized area that converts or transform resources into goods and services. It uses land, labor, capital, knowledge and entrepreneurship. When it is focused in the service sector, its main objective is to create a good experience for those that use the service.
Answer:
A. Producers raise prices to continue to make a profit.
Explanation:
Answer:
$60,000
Explanation:
The computation of the direct material used is shown below:
= Beginning raw material inventory + purchase of raw material - ending raw material inventory
= $16,600 + $61,400 - $18,000
= $60,000
This is the right answer but the same is not provided in the given options