Answer:
$570,600
Explanation:
The formula for calculating break-even is:
Fixed Cost / Contribution per unit
The contribution per unit is calculated as, Sales - Variable cost.
Hence the break-even is,
399420 / 112 = 3566.25,
To get this in monthly dollar sales:
3566.25 * 160 = $570600.
Hope this Helps,
Good Luck.
Answer:
The factors that cause the failure of project management to achieve its goals include the following:
1. The scope of some projects are not well-defined and detailed.
2. Some project managers lack the required project and administrative experience, exposure, and training needed for successful project planning and implementation.
3. Some project managers do not identify the critical project risks from the beginning.
4. Projects that lack formal methods and strategies often fail.
5. It has been established that some project managers and their teams are not well-motivated to deliver their projects, leading to key staff abandoning the company and the projects mid-way.
6. Successful projects require detailed documentation and planning, the setting of deadlines, and the tracking of progress.
7. Leadership is key to effective project management. Without senior management or politicians' buy-in, some projects face massive failure.
Explanation:
Project management starts from the home to the larger society. It involves a fundamental application of process knowledge, management skills, technical tools and key deliverables, and various techniques to project activities in order to meet project goals and requirements. Project managers and organizations that must achieve success should understand the causes of project failure.
Gross Domestic Product (GDP)
Answer:
The correct answer is: the productive skills and knowledge that workers acquire from education and training.
Explanation:
Human capital is the intangible assets possessed by individuals or groups that can produce economic value. These assets can be education, health, intelligence, training, loyalty, punctuality, etc.
Human capital improves the productivity of physical capital by using it more efficiently. In a firm, it improves productivity and profitability. The firm though does not include it on its balance sheet. It is the economic value of the skills and experience of workers.
