The concept of project portfolio management holds that firms should:

A) Regard all projects as unified assets.
B) Manage projects as independent entities.
C) Focus on short-term strategic goals.
D) Focus on long-term constraints.


A

Business

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A good is considered distinct if it is a separately identifiable good from which a customer is able to receive benefits either separate from or together with other resources

Indicate whether the statement is true or false

Business

The finding that people change their behavior when they know they are being observed is known as the:

A) Hawthorne finding B) Hawthorne effect C) Hawthorne works D) Hawthorne results

Business

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

1. The holding cost per unit per period is expressed as a percentage of ordering costs. 2. The EOQ model is based on the EPQ model. 3. If the production run size is Q, the production rate is p, and the demand or usage rate is d, then the inventory used up at the end of the production cycle is given by (p/Q) x d. 4. The setup cost to make a carpet is $20 per setup. The holding cost is $2.00 per yard per year, and the annual demand is 12,000 yards. The manufacturing facility operates 300 days, and 120 yards of the carpet are produced per day. With an optimum order quantity of 600, the length of the production run in days is 5.

Business

This dollar-based fixed exchange rate system gave rise to a long period of economic recovery and growing openness of both international trade and capital flows in and out of more and more countries

A) The Gold Standard, 1860-1914 B) The Interwar Years , 1914-1945 C) The Bretton Woods Era, 1945-1971 D) The Floating Era, 1971-1997

Business