The critical path, which is only the most essential components to an operation.
In PERT, the critical path determines the minimum time in which a process can be completed. It represents the longest sequence of activities in a project that has no buffer time, hence any delay in the activities on the critical path directly impacts the planned project completion date.
Explanation:In the Program Evaluation and Review Technique (PERT), the critical path determines the minimum amount of time in which a process can be completed. The critical path represents the longest sequence of activities in a project plan which must be completed on time for the project to complete on its due date. Any delay in an activity on the critical path directly impacts the planned project completion date. This is due to the fact there are no spare or 'buffer' time with critical path activities. Hence, a delay in any of these activities will impact the total time of the project directly, as there is no predecessor or successor that can compensate this delay.
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Jim, who has an internal locus of control, failed his last history test. jim is apt to respond to the failing grade by
The answer is: by telling himself that he didn’t study hard enough for the test.
An individual with an internal locus of control would believe that they have control over the events that occur in their lives. This is a concept that was theorized by Julian B. Rotter, together with its opposite, external locus of control. Individuals with external locus of control tend to believe that they have no control over their lives – that life is controlled by outside factors that they cannot do anything about.
There was an extensive black market (illegal market) for many consumer products in the united states during world war ii. a likely explanation of the black market is that:
When the primary markets can not meet consumer demand a black market is created. It could be because the supply of a good can’t meet the demand. It could also be that prices in the primary market are too high.
If you burn your trash in the back yard in spite of regulations against it, then you are
A) acting economically irrationally and creating a social cost.
B) avoiding the private costs associated with disposing your trash some other way and creating a social cost.
C) acting rationally and creating a positive externality.
D) saving landfill space and creating a social benefit.
The correct answer is choice b.
By burning your trash in the backyard in spite of regulations against it you are avoiding the private costs associated with disposing your trash some other way and creating a social cost. The social cost would be the air quality of your neighbors who are breathing in the smoke from the burning trash.
Burning trash in the backyard against regulations creates negative externalities, leading to inefficiency in resource use. The correct answer is B.
When burning trash in the backyard in defiance of regulations, the individual is avoiding the private costs associated with proper disposal and creating a social cost. This action leads to negative externalities, where the marginal private cost is less than the marginal social cost, causing inefficiency in resource use.
The sherman, clayton, and robinson-patman acts are all federal laws that were initially adopted to curb the formation of ________. limited partnerships monopolies competitive markets oligopolies international markets
Formation of 34%. Why am I so smart?
An office building is what type of resource
man-made resource
hope i was right!
A structure is used primarily for the conduct of business relating to the administration, clerical services, consulting, and other client services not related to retail sales. Office buildings can hold single or multiple firms. Making it to be a man-made resource.
When would it be a good idea to invest your money instead of putting it in a savings account?
It's generally a good idea to invest your money instead of leaving it in a savings account when you're aiming for long-term financial goals and want your wealth to grow faster.
Savings accounts typically offer lower interest rates, often failing to keep up with inflation, meaning your money's purchasing power may decrease over time.
Investing in assets like stocks, bonds, or real estate has the potential for higher returns over the long run, albeit with more risk. The ideal time to invest is when you have an emergency fund in place, a stable source of income, and a long investment horizon. Additionally, consider your risk tolerance and financial goals when deciding to invest. Diversifying your portfolio and seeking advice from a financial advisor can help you make informed investment decisions that align with your objectives.
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Investing may be a better option than savings when aiming for higher returns, after setting aside an emergency fund, and when one can handle higher risks. Compound interest and the rate of return are key considerations in deciding to invest funds for long-term growth.
Investing money rather than keeping it in a savings account can be a smart financial decision when seeking higher returns. Warren Buffet recommends paying yourself first—a practice of saving and investing before handling other expenses. Savings might be for short-term goals or an emergency fund, while investing is directed towards assets like stocks, bonds, or real estate that can potentially offer higher rates of return but also come with higher risks.
An important strategy is to understand the opportunity cost of holding money. Funds kept in savings accounts typically earn less interest than if invested in the market. As for retirement, a combination of stocks, bonds, and possibly annuities is commonly used to ensure an adequate income in old age. Starting to save and invest early gives the power of compound interest the opportunity to work in your favor, as investments can grow significantly over long periods.
In summary, it might be advantageous to invest when you're aiming for growth above inflation, when you've already built up an emergency fund, and when you can manage the additional risk. Considering the potential rate of return and your personal financial goals will guide you on whether to place funds in savings or to invest.
Social capital is the cost of socializing with business colleagues. goodwill stemming from your social relationships. network of favors exchanged by social equals. understanding of how to behave in social situations. cost to employers of workers socializing on the job.
Social capital is goodwill (positive feelings/friendly or helpful attitudes you develop over time) stemming from your relationships.
Gantt charts cannot be used to aid project quality management.
a. True
b. False
A the answer is true
The statement is false; Gantt charts can aid project quality management by assisting with planning, scheduling, tracking progress, showing task dependencies, resource allocation, visualization, and adjustments.
Gantt charts are indeed useful for project quality management in several ways:
Planning and scheduling: Gantt charts help in laying out a clear timeline for project tasks, ensuring that all quality-related activities are scheduled properly.Tracking progress: They allow project managers to monitor the actual progress of tasks compared to the planned schedule, highlighting any areas where quality may be compromised.Task dependencies: Gantt charts show which tasks are interdependent, ensuring that quality assurance steps are properly sequenced and integrated.Resource allocation: They help in assigning proper resources to quality management tasks, ensuring that all necessary quality checks are carried out effectively.Visualization: The visual nature of Gantt charts makes it easier to communicate the project's status and quality management processes to the team and stakeholders.Adjustments: Any changes in schedules can be easily made and communicated through updated Gantt charts.Therefore, Gantt charts are an invaluable tool in project management, including quality management.
Government policy can potentially raise economic well-being
a. in all markets for goods and services.
b. in economic models, but not in reality.
c. when a good does not have a price attached to it.
d. never.
When a good does not have a price attached to it. It would seem that the logic behind this is by not attaching a price goods are more widely availible
Economic well-being refers to the activities of the people that are involved in the economic activities and their contribution to the economy. The people in the economy fulfill their needs and demands as well play a vital role in the development of the economy by contributing some part to it.
The correct option is c. when good does not have a price attached to it.
Option c. when good does not have a price attached to it is correct because when the goods will not be attached with the tag price the government would be able to provide the goods at reasonable costs to the people who cannot afford them.
Options:
a. In all markets for goods and services.
b. In economic models, but not in reality.
d. Never.
These options are wrong because they do not provide the reason for the economic well-being by potentially helping the government policies. They do not help the government to make the goods and services affordable for the people.
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which of the following career opportunities is growing the fastest?
A. Sales Manager
B. Marketing Manager
C. Market research analyst
D. Graphic Designer
Answer:c
Explanation:
Sales Manager is the fastest-growing career opportunity in the market right now. Hence, option A is appropriate.
What was the role of the sales manager?A sales Manager is one of a kind person who is versatile in his/her way. It is the responsibility of the Sales Manager to look into the services of the people. The sales manager also works the time of the other people.
The Sales Manager also looks into the surroundings and also works out the benefits and the work of the others. The most important thing regarding the role of a sales manager is that the trainee who works here is also being paid proper attention. The Sales manager in all manages the various responsibilities of the employees. The sales manager has also been tasked to hire or fire some employees at his own discretion.
A Sales Manager also looks into the surroundings and helps impact the work performance of the people in the surroundings. Hence, option A is correct.
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A closed economy has income of $1,000, government spending of $200, taxes of $150, and investment of $250. what is private saving?$100
Kimlon informatics is owed $5,000 from a client for its services. the recovery period is 100 days, but kimlon needs the money immediately. it sells the right of collecting money from its client to quikcollect, a collection agency. here, kimlon informatics is the
Answer:
Assignor
Explanation:
An assignor is someone who transfers their rights of ownership in something to another party. In this case Kimlon transfers their right to collect the debt from the client.
Juanita heard an argument in favor of increasing taxes in her local municipality. at the end of the presentation, she learned that the argument had been generated by a high school dropout who didn't even live in the same city she did. at that time, she disregarded the message and was not persuaded. according to the sleeper effect, how is juanita likely to feel about the proposal one month later?
Later on, she will feel more favorably toward the message than she did at first.
The sleeper effect says that when people are exposed to a persuasive message followed by a discounting cue (like a less-credible high school dropout) they will initially feel less persuaded by the message but over time will become more persuaded. Even though it was a good idea, Juanita discounted the message because a dropout came up with the idea. Over time, she realized that it was a good idea no matter who proposed it.
President theodore roosevelt coined the term yellow journalism
a. True
b. False
B. false is the answer
Hi!
I think the correct answer is...
True! Hoped it helped!
A university is trying to determine what price to charge for tickets to football games. at a price of $30 per ticket, attendance averages 40 comma 000 people per game. every decrease of $5 adds 10 comma 000 people to the average number. every person at the game spends an average of $5.00 on concessions. what price per ticket should be charged in order to maximize revenue? how many people will attend at that price?
To maximize revenue for football games, the university should charge $25 per ticket, leading to 60,000 attendees.
To maximize revenue, we need to find the optimal ticket price based on the given information:
At $30 per ticket, attendance is 40,000.
For every $5 decrease, 10,000 more people attend per game.
Each person spends $5 on concessions.
The price per ticket that maximizes revenue is $25, with 60,000 people attending at that price.
To determine the optimal price per ticket that maximizes revenue, we need to consider the relationship between ticket price, attendance, and concession spending.
Let's denote the ticket price as P and the attendance as A. The revenue from ticket sales is given by the product of the ticket price and attendance, R = P * A. Additionally, each person spends $5 on concessions, so the total concession revenue is 5 * A. Therefore, the total revenue is R_total = R + 5 * A.
Given that at a price of $30 per ticket, attendance averages 40,000 people, we can express attendance as a function of the ticket price:
A(P) = 40,000 + 10,000 * (30 - P) / 5
This is because for every $5 decrease in the ticket price, attendance increases by 10,000 people. Simplifying the expression, we get:
A(P) = 40,000 + 2,000 * (30 - P)
Now, we can express the total revenue as a function of the ticket price:
R_total(P) = P * A(P) + 5 * A(P)
R_total(P) = P * (40,000 + 2,000 * (30 - P)) + 5 * (40,000 + 2,000 * (30 - P)
Expanding the equation, we get:
R_total(P) = 40,000P + 600,000 - 2,000[tex]P^2[/tex] + 200,000 + 100,000 - 10,000P
Combining like terms, we have:
R_total(P) = -2,000[tex]P^2[/tex] + 30,000P + 700,000
To find the price that maximizes revenue, we need to take the derivative of the total revenue function with respect to P and set it equal to zero:
dR_total/dP = -4,000P + 30,000 = 0
Solving for P, we get:
P = 30,000 / 4,000
P = $7.50
However, this price is not realistic given the initial conditions (the starting price is $30), so we need to find the maximum revenue within the realistic range of prices. We can do this by testing prices at $5 increments starting from $30 and calculating the revenue for each price point.
Let's calculate the revenue for a few price points:
- At $30, A = 40,000, R_total = $30 * 40,000 + $5 * 40,000 = $1,600,000
- At $25, A = 40,000 + 10,000 = 50,000, R_total = $25 * 50,000 + $5 * 50,000 = $1,500,000
- At $20, A = 40,000 + 2 * 10,000 = 60,000, R_total = $20 * 60,000 + $5 * 60,000 = $1,500,000
- At $15, A = 40,000 + 3 * 10,000 = 70,000, R_total = $15 * 70,000 + $5 * 70,000 = $1,450,000
We can see that the revenue increases as the price decreases from $30 to $25, but then it starts to decrease. Therefore, the optimal price is $25 per ticket.
To find the attendance at this price, we use the attendance function:
A($25) = 40,000 + 2,000 * (30 - $25) = 40,000 + 2,000 * 5 = 50,000
Thus, the optimal price per ticket is $25, and the number of people who will attend at this price is 50,000.
When the economy is weakening the fed is likely to decrease short-term interest rates?
Yes, generally speaking lower interest rates stimulate the economy by increasing borrowing and thus spending.
When a private individual brings a suit against the company for breaking a contract this is an example of?
Ralph Lauren has numerous ways to distribute its famous shirts to customers. Ralph Lauren has its own Polo stores throughout the U.S. and a Ralph Lauren website where customers can design and purchase their own shirts. In addition, Ralph Lauren sells its shirts through various retail stores such as Bloomingdales and Nordstrom. What type of channel is being used to sell Polo shirts through Nordstrom? A. A direct channel is where the producer and the ultimate consumer deal directly with each other. When selling shirts through Nordstrom’s Ralph Lauren is using an intermediary, and therefore is using an indirect channel. B. An indirect channel involves the use of an intermediary between the producer and the ultimate consumer. When selling shirts through Nordstrom’s Ralph Lauren is using an intermediary, and therefore is using an indirect channel. C. A vertically-integrated channel is one whereby a single channel member owns two or more different aspects of the distribution channel. Ralph Lauren selling shirts through its owns stores would be an example of a vertically integrated channel. D. This refers to a certain degree of channel coverage, not the channel type. E. This refers to a certain degree of channel coverage, not the channel type
The correct answer is Choice B.
The distribution of shirts in using an indirect channel. Each business between the producer and the final consumer is considered an intermediary, and each intermediary receives the item at one price point and raises it to the next price point.
Answer:
The answer is option B) The type of channel is being used to sell Polo shirts through Nordstrom is An indirect channel involves the use of an intermediary between the producer and the ultimate consumer. When selling shirts through Nordstrom’s Ralph Lauren is using an intermediary, and therefore is using an indirect channel.
Explanation:
A marketing channel where intermediaries such as wholesalers and retailers are utilized to make a product available to the customer is called an indirect channel.
Distribution channels provide time, place, and ownership utility. They make the product available where the producers do not have reach making it more cost effective for consumers in their regions whilst making profit the business intermediary.
In this case, Ralph Lauren is the producer and Nordstrom is the retailer acting as an intermediary between the producers of t shirts and the final consumers.
A no-haggle pricing policy is a type of _______________ pricing strategy.
This is a customer-oriented pricing model. It seeks to set a fair price in advance that both the customer and company will be happy with and to avoid the stress and difficulty of bargaining to get the desired price.
An example of an externally identified problem would be management voicing concern about the organization's lack of a competitive edge in the marketplace.
a. True
b. False
Ihope it helps you
ithink the answer is true !!!
Money is any good that is widely ____ in exchange and in the payment of debts
Any good that is widely accepted for purposes of exchange and in the repayment of debt.
______________ serves as a cross-functional enterprise backbone that integrates and automates many internal business processes and information systems within the manufacturing, logistics, distribution, accounting, finance, and human resource functions of a company.
The answer is: "Enterprise-Resource Planning (ERP) " .
_____________________________________________________
Note: As the question states:
_____________________________________________________
" Enterprise-Resource Planning (ERP) " serves as a 'cross-functional enterprise backbone' that integrates and automates many internal business processes and information systems within the [manufacturing, logistics, distribution, accounting, finance, and human resource functions] of a company. "
_____________________________________________________
Hope this help!
Best wishes to you in your academic pursuits
— and within the "Brainly" community!
_____________________________________________________
The cross-functional enterprise backbone described is known as an Enterprise Resource Planning (ERP) system, essential for integrating and automating business processes across different functions of a company, particularly in manufacturing.
The system described in the question, which serves as a cross-functional enterprise backbone integrating and automating various business processes within manufacturing, logistics, distribution, accounting, finance, and human resources, is known as an Enterprise Resource Planning (ERP) system. ERPs are critical in the management of modern supply chains, enabling companies to integrate processes like customer relationship management, order fulfillment, procurement, and product development to create a value delivery network. By leveraging ERP systems, a company can synchronize its supply chain, reduce inventory through just-in-time production, and benefit from efficiency improvements due to digitization and information sharing among stakeholders.
In the context of global competition, ERP systems help companies operate not just as individual entities but as interconnected networks. This advanced level of integration provided by ERPs includes both intra- and intercompany processes and is a key factor in achieving business-process excellence. Such systems are especially pertinent in industries where timeliness and efficiency are vital to meeting customer demands and achieving operational excellence.
The use of ERP systems in a manufacturing context is part of the broader movement toward Industry 4.0, where the connectivity and communication enabled by technologies like the Internet of Things (IoT) and 6G can lead to smarter, more flexible, and efficient production chains. A well-implemented ERP system can significantly impact the overall success of a company by fostering seamless collaboration and real-time data exchange across the entire supply chain.
The essential requirement for different businesses to qualify as being related is that
The answer is their value chains possess competitively valuable cross-business relationships. For different businesses to be related they need to create value for each other.
An example of this would be a company that manufactures chocolate also has a subsidiary business where they sell ready-to-eat chocolate-based drinks. This means that both businesses create value for each other, where one is the provider of raw material while the other is the customer who buys them.
Businesses qualify as related through economies of scope and substitute/complementary product relationships.
Businesses qualify as being related when their goods and services are similar in nature or utilize similar resources, production processes, or knowledge, leading to economies of scope. This helps in creating substitute and complementary product relationships that impact demand forecasting and market strategy.
Which of these statements best represents the law of supply?
a. when input prices increase, sellers produce less of the good.
b. when production technology improves, sellers produce less of the good.
c. when the price of a good decreases, sellers produce less of the good.
d. when sellers' supplies of a good increase, the price of the good increases?
Answer:
The correct answer would be option C, When the price of a good decreases, sellers produce less of the good.
Explanation:
According to the law of supply, when the price of the product increases, the quantity supplied also increases.
This theory suggests that there is a direct relationship between the price of the product and the quantity supplied of the product. So when the price of a good decreases, sellers produce less of the good.
A task force refers to any: informal group that has the same members as the permanent task-oriented group. formal group whose members work permanently and spend most of their time in that team. formal group whose members must be able to perform all of the tasks of the team. temporary team that investigates a particular problem and typically disbands when the decision is made.
A task force is a temporary team that investigates a particular problem and typically disbands when the decision is made.
Task forces are often used in emergency situations or situations with sudden unexpected changes. In the US government, there are many task forces within almost every agency to address particular issues.
Final answer:
A task force is a temporary team formed to solve a specific issue that disbands after the issue is resolved. Task forces demonstrate characteristics of task-oriented groups with loyalty, dedication, and cooperation being key factors for success.
Explanation:
A task force is a temporary team assembled to address a specific issue or problem until it is resolved. Task forces are one of several types of teams, including temporary teams, product development teams, and cross-functional teams within matrix organizations. Unlike formal groups that may work together permanently, task forces are characterized by their temporary nature, where they disband following the resolution of the specific issue they were formed to tackle. The members of a task force are often drawn from various parts of an organization and come together for their specialized knowledge or skills relevant to the task at hand.
Task forces exemplify task-oriented groups, highlighting characteristics like loyalty, dedication to the task, and cooperative spirit. Successful teams, in general, share common factors such as clear goals, a results-driven structure, competent team members, and ethical leadership. These factors are essential not only to temporary teams like task forces but also extend to ongoing teams in professional settings.
A group becomes a team when:A. a clear leader is identified.B. the group reaches the norming stage of group development.C. accountability shifts from strictly individual to both individual and collective.D. maintenance roles dominate task roles.E. the group completes its task.
A group becomes a team when C. accountability shifts from strictly individual to both individual and collective.
All of the choices can be used to identify a team over a group but when the accountability shifts from one person to both the individual and group. A team is when a group of people work together and effectively finish their tasks. Working as a team helps build moral but also make sure that everyone is an active participant in the task.
This is an organization of workers that negotiates with employers for better pay
working conditions.
affirmative union
cooperative union
labor union
collective union
This is a labor union by definition
Final answer:
A labor union negotiates for better pay and working conditions on behalf of its members, often using collective bargaining and strikes. It tries to balance the power between workers and employers and secure favorable terms such as higher wages and safe work environments.
Explanation:
The correct answer to your question is a labor union. A labor union is an organization of workers that negotiates with employers for better pay and working conditions, operating like a monopoly in the labor market. This negotiation process is often referred to as collective bargaining. Labor unions aim to equalize the balance of power between workers and employers by bringing workers together as a collective entity, rather than individuals dealing with employers separately.
When unions represent workers, they may employ various strategies, including the organization of strikes, to strengthen their position in securing favorable outcomes for their members. The primary work of a union is to negotiate aspects such as wages, work rules, complaint procedures, promotions, benefits, and workplace safety with company management.
In the United States, union workers often receive higher compensation than non-union workers with similar education and experience. However, union membership in the U.S. has seen a decline for various reasons, including the shift in jobs to service industries and increasing global competition.
What are the sources of pressure on firms such as frito-lay to reduce their environmental footprint? 2. identify the specific techniques that frito-lay is using to become a "green manufacturer." 3. select another company and compare its green policies to those of frito-lay?
The sources of pressure are from:
Regulation -government and legislative changes that focus on promoting environmental changes
Resources -natural and other resources are limited and conservation will help save money
Social/reputation-being environmentally conscious gives customers positive feelings about a company
Consumer demand is the most significant source of pressure on Frito-Lay to reduce its environmental footprint. According to recent studies, consumers are becoming more aware of products produced using environmentally friendly processes.
Why did Frito-Lay decide to produce a 100% compostable bag?Frito claims to be the first company in the convenience food industry to use this type of packaging. According to Thomas Oh, SunChips brand director, "Consumers want a healthier snack, and we discovered a couple of years ago that those same consumers are interested in what's good for the environment," he says.
Frito-Lay has maintained its position as the world's largest distributor of snack foods not only through strategic acquisitions of now-iconic food brands such as Smartfood but also through its ability to anticipate changes in consumer preferences through its evolving product portfolio.
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A low-risk investment might have a high price if
It is in great demand
It belongs to a new company
It protects the initial investment
It guarantees profits
Answer:
A) It is great in demand
The major factor which would make a low-risk investment have a high price is if:
A. It is in great demandAccording to the given question, we are asked to state the major factor which would make a low-risk investment have a high price
As a result of this, we can see that a low risk investment would likely have a high price if the investment is in great demand and a lot of people want it. This would be a testament to the laws of demand and supply.
Therefore, the correct answer is option A
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Most small business ventures are in the _____ category of the entrepreneurial strategy matrix.
ANSWER:
Most small business ventures are in the low innovation/high risk category of the entrepreneurial strategy matrix.
~batmans wife