In many cases, the customer states high-level requirements in the project charter or RFP, but the project team or the contractor may need to collect more information from the customer or end users to further refine the requirements

a. True
b. False
Indicate whether the statement is true or false


True

Business

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An example of a company exhibiting a blue ocean strategy is ________

A) Amazon's online shopping convenience B) a Starbucks opening in the same vicinity of an independent coffee house C) Nike's brand image of the "swoosh" D) Whirlpool's full line of medium-priced, energy-saving appliances E) the first digital tablet iPad released by Apple

Business

An extension of equity theory is the idea that some individuals are more equity sensitive than others. ______ prefer to be in a condition of balance between inputs and outcomes they receive.

A. Equity sensitives B. Benevolents C. Entitleds D. Egalitarians

Business

Answer the following statement(s) true (T) or false (F)

1. Forecasts that use historical demand to predict future demand are known as associative forecasts. 2. Quantitative forecasting techniques are best suited for long-term forecasts. 3. A donut shop located at a popular beach experiencing demand that fluctuates with the tourist seasons is experiencing cyclical variation in demand. 4. Forecasters should expect to see random variation in virtually all demand. 5. Averaging fewer periods tends to make the moving average forecast more responsive.

Business

Cycle counting is an inventory control technique exclusively used for cyclical items

Indicate whether the statement is true or false

Business