Identify six factors and constraints that affect either the success or the failure of projects
What will be an ideal response?
Six factors and constraints that affect either the success or the failure of projects include 1. completion of the project within scope or customer requirements; 2. completion of project within allocated budget; 3 . completion of project within allocated schedule or period of time; 4. completion of project using allocated resources; 5. completion of project within established performance and technology standards; and 6. completion of project to maximize project value for stakeholders.
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In contrast to a real-time system, in a batch processing system
a. there is a lag between the time when the economic event occurs and the financial records are updated b. relatively more resources are required c. a greater resource commitment per unit of output is required d. processing takes place when the economic event occurs
Fair Value is the exchange price associated with a business transaction at the time the transaction is recognized
Indicate whether the statement is true or false
At one time, specialized companies catered to markets segmented by race. Today ________.
A. the segments lack differentiation B. the segments have become targets of mainstream businesses that offer specialized products C. the segments consist of such people who tend to buy the same type of products D. the segments are indistinguishable E. the segments have declined in size
John is starting a sole proprietorship in which he will install home stereo systems. John decides to test a paid Google Ad so that the name of his company will gain recognition. This is an example of what marketing mix element?
a. product b. promotion c. place d. advertising