A preliminary or rough cost estimate is developed in the _____ phase of the project life cycle, and an overview of the work involved is created
A preliminary or rough cost estimate is developed in the Planning phase of the project life cycle.
What is the planning phase of project life cycle?An overview of the work involved can include:Defining the scope of the projectDetermining project goals and objectivesIdentifying the resources (people, materials, equipment) neededDeveloping a high-level scheduleAssessing potential risks and developing a risk management planEstablishing a project budget and determining funding sourcesIdentifying stakeholders and defining their roles and responsibilitiesDeveloping a communication planThis information is used to create a project plan that serves as a road map for the project, including the timeline, budget, and resources required to complete the project successfully. The project plan is a living document that is regularly updated throughout the project to ensure it remains aligned with the project's changing needs and requirements.To learn more about project refer:
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The beginning balance on the monthly bank statement for aretha's checking account was $462. 79, and the ending balance was $256. 3. What can be said about aretha's transactions for the month?.
Aretha had a net decrease of $206.49 in her checking account during the month, indicating that she had more expenses than income.
This could be due to either spending more money than she had coming in, making payments on loans or other debts, or any combination of the two.
An executed contract between a buyer and a seller to trade goods or services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting. This straightforward definition might be challenging in organization bookkeeping.
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Which kind of business opportunity is like buying a business kit?
Pilihan jawaban
Starting a new business from scratch
Buying a franchise
Buying an existing business
The type of business opportunity is comparable to purchasing a business kit or a franchise. Hence the right option is (C).
The term "franchise" refers to a method of marketing products or services in which a franchisor develops the brand's trade name and business model and a franchisee pays a royalty and frequently an upfront fee to obtain the right to use the franchisor's name and system.
you've thought if you're a budding entrepreneur or an established businessperson looking to diversify your holdings. The short answer is yes, particularly if a fantastic opportunity arises. The appeal of launching a business by purchasing a franchise is clear.
Listed below are a handful of the most typical causes of franchise failure: The franchisor offers its products to franchisees who are unqualified, inexperienced, undercapitalized, or naive. Franchisees sometimes have false expectations of the amount of effort involved in running a business.
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The Texas State Board of Education has minimal control over the way that controversial issues are taught in Texas public schools. true
The Texas State Board of Education has minimal control over the way that controversial issues are taught in Texas public school is true.
The real purpose of education, what is it?Both the act of imparting knowledge to others and the act of learning something new from another person are considered to be aspects of education. Additionally, education includes both the institution of teaching as a whole and the knowledge acquired through formal education or other forms of instruction. There are several more noun senses for education.
What are the benefits of education?Acquiring information, values, and virtue are all things that can be acquired more quickly through education. The improvement of humanity on a global scale is facilitated by it. People can learn knowledge, skills, and ethics through this more durable way.
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What is one way a market economy affects?
People can rather simply change jobs is one way a market economy affects. The majority of decisions and choices in the economy are made by the government.
A market economy is an economic system where supply and demand signals on pricing impact decisions regarding production, distribution, and investment. A crucial aspect of a market economy is the presence of factor markets, which regulate how capital and other production-related factors are distributed. There are many different types of market economies, from minimally regulated free-market and laissez-faire systems, where state activity is restricted to providing public goods and services and protecting private ownership, to interventionist forms, where the government actively takes part in resolving market inefficiencies and advancing social welfare. The economy's areas of production, distribution, trading, and consumption are all vulnerable to government intervention. the provision of services for the most basic requirements.
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What are the characteristics and features of market command and mixed economic systems?
The characteristics and features of market command and mixed economic systems are as follows:
In a command economy, the government owns and manages all resources. Private persons are permitted to own and manage some of the production components in a mixed system. Private persons are permitted to freely possess and exchange all economic resources in free market economies.
The term "mixed economy" refers to a system of government and business. The exact proportions of the two might vary substantially from one mixed economy to another. The middle ground between free markets and authoritarian regimes is known as a mixed economy. A command economy and socialism have a strong relationship. The mixed economies with state-controlled markets share the most startling similarities with dictatorship.
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How have choke points influenced modern trade routes?
How do choke spots affect present-day trading routes? By utilizing its confined space, they are employed to impose restricted trade. They are employed in the trade of resources with other nations. In modern nations, entering the canal requires payment of a toll.
What does it mean to influence someone?
to influence or transform through indirect or intangible means. She attempted to sway his choice. My parents had a big impact on me.
To change the company's policies, he used/wielded his influence. He was impacted by new ideas when he left for college, coming under their influence (= being influenced by new ideas). Her parents continue to have a strong effect over her.
Influence and peer pressure may have positive effects. As an illustration, your youngster might be persuaded to become more
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Who is known as the father of economics give the name of his famous book?
Adam Smith was an 18th- century Scottish champion. He's considered the father of ultramodern economics. Smith is most notorious for his 1776 book," The Wealth of Nations."
The book is generally considered to be the morning of ultramodern economics. It begins with a discussion of the Industrial Revolution. Adam Smith, who's known as father of economics, named his notorious book on economics as An Enquiry into the Nature and Causes of the Wealth of Nations.
R.C. Dutt is the Author of the Book" Economic History of India." While there have been numerous notorious economists, some of the most well- known names include Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, Friedrich Hayek, and Milton Friedman.
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a representative at a member firm is approached by a person outside that firm to sell promissory notes through that member's branch office. which statement is true?
The representative may only sell the promissory notes after receiving written permission of the member firm is true.
A promissory note is a sort of debt contract that expresses in writing the obligation of one party to pay other party a certain sum of money, either either away or at a set future time.
A promissory note typically contains the principle sum, rate of interest, maturity duration, the time and location of issuing, and the purchaser's signature. Only institutional or knowledgeable investors who can manage the risks and have the necessary funds are permitted to purchase these notes (notes can be issued for as large a sum as the buyer is willing to carry). A promissory note can be sold to yet another owner once the terms have been accepted by the first owner, much like a security.
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4. Claire is considering investing in a new business. In the first year, there is a probability of 0. 2 that the new business will lose $10,000, a probability of 0. 4 that the new business will break even ($0 loss or gain), a probability of 0. 3 that the new business will make $5,000 in profits, and a probability of 0. 1 that the new business will make $8,000 in profits. A. Claire should invest in the company if she makes a profit. Should she invest? Explain using expected values. B. If Claire’s initial investment is $1,200 and the expected value for the new business stays constant, how many years will it take for her to earn back her initial investment?
Claire needs to invest. This is due to the $300 profit she would make. The sum invested would need to be recovered over a period of four years.
You can determine whether to invest by calculating the predicted value of the investment. The expected value is equal to the expected profit times the probability.
Expected value = (0.2 x $-10,000) + ( 0.4 x 0) + (0.3 x 5000) + (0.1 x 8000)
-2000 + 1500 + 800 = 300
$5,000 in profits with a 0.1 percent chance that the new company will make $8,000 in profits.
It would take to recover the initial investment = 1200 / 300 = 4Years
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megacorp is a multinational enterprise. their customer payment files were recently stolen and sold on the black market. customers have reported that their credit cards are being charged for fraudulent purchases made in countries where they do not live and have never been. what is the most likely impact on megacorp from this attack? identity theft data loss availability loss reputation loss
In the situation represented above, the impact on Megacorp from the attack will be that of data loss. Therefore, the option B holds true.
Data loss can be ideally understood as the situation wherein the material information, whether confidential or not, is sacrificed for being misused by a third party through cyber crimes and other fraudulent activities. It is noteworthy to mention that a company should prioritize the safeguarding of data of its customers to maintain the level of secrecy, a consumer expects with his or her private information.
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how can simple models help us understand a complex economy
In a complex economy, simple models can be an invaluable tool in helping to understand how the economy works.
By creating a simplified version of the economy and breaking it down into its basic components, we can gain a better insight into how the different elements of the economy interact with each other.
This can help us identify potential problems, explore potential solutions, and come up with strategies to manage the economy more effectively.
By understanding the basic principles of economics and how they affect the economy, we can create effective policies to ensure economic stability and prosperity.
By using a variety of models, such as supply and demand, game theory, and risk analysis, we can gain insight into the intricate relationships between different economic factors.
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what special role do supply chains play in the globalization of organizations? what contributions do successful supply chains make to companies?
Through the provision of goods and services, supply chains significantly contribute to customer satisfaction. For a business to succeed, a solid supply chain is necessary.
What is the role of a supply chain in an organization?A supply chain is made up of all the steps used to deliver a finished good or service to the customer. The process may involve locating raw materials, delivering them to the production site, and then transferring the final goods to a warehouse or retail location where they may be distributed to the customer.
Total costs are reduced since there is less surplus and greater collaboration, less expensive fire drills to hastily hurry, and less of a need for emergency preparation when inventory, capacity, logistics, and suppliers are handled successfully through integrated supply chain planning.
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during a bear market, why do many people sell their investments? why isn’t that beneficial?
During a bear market, many people sell their investments for the protection of the investment money in this market.
The bear market is the market in which the share or stock price are falling or reducing, encouraging selling. The profits from the bear market can be realized from the short-selling and selling the investments early in the field of bear market.
The investors or individual thinks before investing their money in any field, that the invested money gives profit or not. The ideal investment is to buy low and sell high. Which gives you sufficient money from the investment money to reinvest.
Many investors want to sell their investments to protect their money, get access to cash.
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Jim is going to buy donuts for his family. Each donut costs $1. 45. If the number of donuts jim buys is represented using the letter d, which expression represents the total cost?.
d x $1.45 expression represents the total cost.The expression d x $1.45 represents the total cost of buying donuts for Jim's family.
The variable d represents the number of donuts, and the amount of $1.45 represents the cost of each donut. Therefore, the expression d x $1.45 represents the total cost of buying the donuts, which is the product of the number of donuts multiplied by the cost of each donut.
Total cost is the sum of all expenses incurred to produce an output of any kind. From an accounting standpoint, financial reporting, where overhead costs must be allocated to specific assets, is where the total cost idea is more applicable.
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The underlying theme of the conceptual framework is?
Yes, the conceptual framework's (CF) primary theme is decision usefulness. The key topics of CF include ideas, values, and methods to display or reveal all the information in the financial statements.
What does "conceptual meaning" mean?
In semantics, conceptual meaning refers to a word's basic or literal meaning. There is only the plain, literal meaning of the term as it is used in the dictionary; there is no subtext or hidden meaning. The term also goes by the names cognitive meaning and denotation. Conceptual thinkers make connections and get new insights by examining hypothetical situations, patterns, and/or abstract concepts. It emphasises taking a step back to see the bigger picture at hand, making connections between the various parts of a situation, and seeing the broader picture.
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By the end of a bond's maturity, the investor will have received…
A) Only the face value of the issued bond
B) The face value of the bond issued and interest payments
C) Only interest payments
D) Half the face value of the issued bond and interest payments
Why the restaurant industry is often used as an example of the market structure of monopolistic competition?
The restaurant industry is monopolistically competitive; there are typically several enterprises, each of which is unique, and entry and exit are both fairly simple. There are numerous close equivalents for each restaurant, such as other eateries, fast-food joints, and the deli and frozen food departments of nearby supermarkets.
Monopoly is a cooperative board game with an economics theme. Players travel around the game board by rolling two dice in order to purchase, trade, and develop real estate, including homes and hotels. Players try to bankrupt their competitors by collecting rent from them. Tax squares, Chance cards, and Community Chest cards are additional methods to win or lose money. Each time a player passes a "Go" signal, they are rewarded. They can also be detained and prevented from being released unless one of three requirements is satisfied. There are house rules, numerous spin-offs, countless editions, and connected media. With local licenses in more than 103 nations and printing in more than 37 languages, Monopoly has been ingrained in global popular culture.
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Which basic economic goal is most easily achieved in a traditional economy?
Equity and basic needs are easily achieved. On the other hand, achieving national security, freedom and choice can be more difficult.
What's the called equity?
Equity is amount invested or owned by the owner of the company. In a company's balance sheet, the difference between liabilities and assets shows how much equity the company has. Stock prices or values determined by valuation professionals or investors are used to determine stock value.
What is the equity in Example?
Equity can be calculated by subtracting liabilities from assets and can be applied to a single asset such as a company. B. Applies to real estate, or companies. For example, if someone owns a $400,000 house and has a mortgage of $300,000, the $100,000 difference is equity.
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Stationary work zones have ___________ unlike mobile work zones.
In the question, Stationary zones have well-defined boundaries unlike mobile work zones.
What are mobile work zones?
Being a mobile worker is now lot simpler thanks to technology. Companies are attempting to meet the rising need for seamless tech (and infrastructure) for employees since employees are key consumers of technology outside of the workplace. This is crucial in order to provide the freedom that today's generations desire while also making mobile workforce management simpler. We discuss the fundamentals of what a mobile workforce is and how to manage it well.
A mobile workforce also includes field laborers, so that's not all. The same amount of IT infrastructure is needed to manage such a workforce as it is to manage a distant workforce. So, all you need to know about a mobile workforce is included in this introduction to the fundamentals.
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What are three 3 effects of income inequality explain briefly?
The three effects of income inequality are as follows:
Economic Growth: Income inequality can have a negative effect on economic growth, as it can lead to under-consumption and reduced investment. When a large portion of the population is unable to afford basic goods and services, it can lead to a decline in demand, which can slow down economic growth.Social Cohesion: Income inequality can also have a negative effect on social cohesion. When there is a large gap between the rich and the poor, it can lead to increased social tension and mistrust, which can make it difficult to build a cohesive society.Political stability: Income inequality can also affect political stability. When a large portion of the population is unable to afford basic goods and services, it can lead to increased political unrest, which can make it difficult for governments to govern effectively. This can lead to instability and, in some cases, to social and political upheaval.Additionally, income inequality can also lead to reduced access to education and healthcare, reduced social mobility, and increased crime rates, and can also hurt physical and mental health.
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which of these individuals is an example of a top manager?
Additionally, it ought to identify persons in charge and keep them answerable for a range of management system procedures.
What is a manager's job description?brings in, selects, onboards, and trains new recruits to maintain staff. makes it a priority to ensure workplace safety, security, and legality. provide opportunities for personal growth. Managers may help their team succeed by communicating work requirements including planning, monitoring, and evaluating job outcomes.
What characterizes a competent manager?A competent leader sets a good example and understands how to play to their strengths to aid in the success of their team. Successful managers build relationships with their staff members and look for ways to help them so they may do their best work. Clear objectives, expectations, and feedback should be continuously communicated to your staff.
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a recycling center that sponsors a podcast about saving the environment is an example of what strategy? 1 point making recommendations defining the problem to be solved trying to reach a target audience staying on budget
a recycling center that sponsors a podcast about saving the environment is an example of trying to reach a target audience.
recycling : what is it?Recycling is the process of gathering and processing materials that would otherwise be discarded as trash in order to transform them into new products. Recycling benefits the environment and your network. The more recycling we do, the less waste ultimately ends up in our landfills and incinerator facilities. We can cut manufacturing and strength costs as well as the negative environmental effects of material extraction and processing by recycling materials like aluminum, paper, glass, plastics, and others.
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njoku marketing paid $1,282 in interest and $975 in dividends last year. current assets increased by $2,700, current liabilities decreased by $420, and long-term debt increased by $2,200. what was the cash flow to creditors?
Current assets grew by $2,700, while current liabilities shrank by $420. Cash flow to creditors = interest paid - long term debt = $1282-2200 = -918. 2.
Can you give me some examples of current assets?What kinds of current assets are there? Cash, cash equivalents, short-term investments, accounts receivable, inventory, supplies, and prepaid expenses are examples of current assets.
What exactly is a current asset?A current asset is one that a company owns that can be easily sold or consumed, resulting in the conversion of liquid cash. A current asset is important for a business because it allows them to use the money on a daily basis and clear the current business expenses.
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what is one of the ways that expert judgement might be used in the stakeholder management knowledge area?
One way expert judgement might be used in the stakeholder management knowledge area is to identify and assess the interests, needs, and potential impact of key stakeholders on a project.
What does effective stakeholder management involves?Effective stakeholder management involves several key steps:
Identify stakeholders: Identify all the stakeholders who will be impacted by or have an interest in the project.
Assess stakeholder importance: Assess the level of importance and potential impact of each stakeholder on the project.
Develop a stakeholder engagement plan: Develop a plan for engaging and communicating with each stakeholder group, taking into account their level of importance and potential impact.
Communicate and engage: Communicate effectively with stakeholders, keeping them informed of progress and addressing any concerns they may have.
Monitor and manage: Regularly monitor the engagement and satisfaction of stakeholders and make adjustments as needed to ensure their needs are being met.
Maintaining Relationship: Maintain good relationship with stakeholders, by understanding their needs, expectation, providing them with necessary information and addressing their concerns.
By following these steps, project managers can effectively manage stakeholders, ensuring their needs and concerns are taken into account and minimizing the potential for disruptions or delays.
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How much is Medicare tax?
The total Medicare tax is 2.9% of an employee's earnings/wages.
The Medicare tax rate is 1.45% for employees and 1.45% for employers. Therefore, the overall Medicare tax rate is 2.9%. Your paycheck only has the employee part of Medicare taxes deducted. The Medicare tax is deducted from an employee's paycheck or paid by the employee themselves.
The American Medicare health system is financed by a Medicare levy. Medicare Part A, which provides hospital insurance for seniors and those with disabilities, is paid for using tax dollars. Part A payments cover hospital, assisted living, and care facility treatment. Medicare tax is imposed on a employee's earnings. This often includes taxable benefits including salary, tips, vacation pay, bonuses, commissions, and other earned income.
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What are non renewable resources please give 2 examples?
Nonrenewable resources are resources that have limited supplies and cannot be replaced or replenished in a short period of time.
Examples of Nonrenewable resources :
Fossil fuels such as coal and oil, certain minerals, and natural gas.
What is a nonrenewable resource?Resources that cannot be regenerated or replaced by natural processes at a rate that is equal to or greater than the rate at which they are used up by people are referred to as Nonrenewable resources. Minerals like gold and iron as well as fossil fuels like coal, oil, and natural gas are examples.A natural resource is considered Non-renewable if it cannot be easily replaced by natural means at a rate fast enough to keep up with use. Fossil fuels made of carbon serve as an illustration.With the use of heat and pressure, the original biological substance transforms into a fuel like oil or gas.
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Does the Federal Reserve hold money for banks?
Reserve requirements in excess of the cash amount in the vault are met by holding reserve balances with the Federal Reserve Bank. Most financial institutions deposit their reserves directly with the Federal Reserve Bank.
Give a brief account on Federal Reserve Bank?The Federal Reserve System (often abbreviated as Federal Reserve System or simply Fed) is the central banking system of the United States. Created with the passage of the Federal Reserve Act on December 23, 1913, after a series of financial panics (especially the 1907 panic) led to the desire for centralized control of the monetary system to mitigate financial crises. Over the years, events such as the Great Depression of the 1930s and the Great Recession of the 2000s have expanded the role and responsibilities of the Federal Reserve.
The Federal Reserve is made up of several layers. It is governed by a board of directors appointed by the president, or the Federal Reserve Board (FRB). Twelve regional Federal Reserve banks in cities across the country regulate and supervise privately owned commercial banks. A nationally licensed commercial bank must own shares in the Federal Reserve Bank in its region and can elect Federal Reserve Board members.
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What are the main communication skills that apply in selling?
Building strong client relationships is facilitated by having solid communication skills in sales. It helps create enduring ties with clients and has been demonstrated to be quite effective in practice.
What exactly do we mean by "building"?
The process of putting together materials to create a structure, typically a walled and roofed building constructed for long-term usage (such as a home).
Because certain verbs in the English language are given the ending "ing" to make them nouns, the object is now referred to as a building. Building is a noun created by adding the suffix "ing" to the verb "built."
Government property owns this structure. Concrete is used to construct contemporary structures. The fire severely destroyed the structure. The building was inhabited by the military.
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Identifying a specific product by its logo, jingle, or name is called ____ . identity theft
brand recognition
marketing
buyer's remorse
Identifying a specific product by its logo, jingle, or name is called brand recognition. Here option B is the correct answer.
Brand recognition refers to the ability of consumers to identify a specific product or service by its logo, jingle, or name. It is the process of creating an association between a company, product, or service and its name, symbol, or design.
A company's brand is an important asset that helps it to stand out from the competition and create a unique identity. Brand recognition is crucial for businesses, as it can lead to customer loyalty, repeat business, and positive word-of-mouth recommendations.
Identity theft refers to the unauthorized use of an individual's personal information. Marketing refers to the activities of a company associated with buying, promoting, and selling a product or service.
Complete question:
Identifying a specific product by its logo, jingle, or name is called ____.
A - identity theft
B - brand recognition
C - marketing
D - buyer's remorse
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