Describe the four major steps in the project-planning process
The four steps are:
1 . Project Definition: Identifying the activities that must be completed and the sequence required to perform them.
2 . Resource Planning: For each activity, determining the resource needs: personnel, time, money, equipment, materials, etc.
3 . Project Scheduling: Specifying a time schedule for the completion of each activity.
4 . Project Control: Establishing the proper controls for determining progress and developing alternative plans in anticipation of problems in meeting the planned schedule.
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A company's retained earnings on December 31, 2018 was $2,190,000 and its shareholders' equity was $8,760,000. During 2019 the company reported the following: Net income $225,000 A sale of treasury stock costing $75,000 for $79,750 A treasury stock purchase costing $125,700 A cash dividend declaration of $73,200 A 10,000 share "small" common stock ($10 par value) dividend was declared and distributed when the market value was $12.75 per share. What is the retained earnings balance on December 31, 2019?
A. $2,246,550 B. $2,219,050 C. $2,216,100 D. $1,994,050
Customer dissatisfaction resulting from service failure could lead to ______.
A. positive publicity B. gaining trust of customers C. negative publicity D. increased employee commitment
Which of these objective functions will lead to the same optimal solution?
In a linear programming problem, the binding constraints for the optimal solution are: 5x1 + 3x2 ? 30 2x1 + 5x2 ? 20 A) 2x1 + 1x2 B) 7x1 + 8x2 C) 80x1 + 60x2 D) 25x1 + 15x2
Answer the following statements true (T) or false (F)
1. French law mandates exclusive representation as a condition of collective bargaining. 2. A key feature of the labor-management relations in France is the stability of the social partnership arrangement between labor, management, and the government. 3. Collective bargaining and workplace representation have increased in France since the 1980's but they have declined in the U.S. 4. French labor law includes industry level agreements that can be extended to all companies in the industry regardless of the bargaining unit size. 5. Under French labor laws, collective bargaining takes place solely at the company level.