A project manager who has little experience and will be working in a matrix organization should expect communication with his stakeholders to be complex.
In a matrix organization, communication lines are often more intricate due to the fact that the project manager will be reporting to multiple bosses or departments. As a result, communication channels are more complicated and require careful coordination. The project manager will have to ensure that all stakeholders are kept informed and involved throughout the project, which may require a variety of communication methods and channels, including formal and informal, verbal and written. However, the overall complexity of communication is the most significant factor to expect in this situation.This is because a matrix organization involves working with multiple teams and reporting lines, which can make communication more challenging and intricate. To navigate this complexity, the project manager should focus on building strong relationships with stakeholders and utilizing effective communication channels.
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https://brainly.com/question/18560226#SPJ11How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
Which of the following is true of resources and wants?
Both are unlimited.
Both are limited.
Resources are limited and wants are unlimited.
Resources are unlimited and wants are limited.
Answer:
the third one.............
Of all the given statements, the statement that is true in the context of resources and wants is “Resources are limited and wants are unlimited.” Hence, Option C is correct.
What are the resources?
A resource is a physical good that people appreciate and need, including air, water, and land. A resource can be classified as renewable or nonrenewable based on whether it can replace itself at the rate it is used up or whether it has a finite supply.
Natural resources, human resources, environmental resources, and many more are examples of various types of resources. In essence, wants are things that members of society aspire to possess. However, the term "resources" refers to the earth's natural resources that can be used by humans.
Thus, if there are lack of the necessary resources, one cannot satisfy wants. Option C is correct.
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why might it be difficult to measure success using market share?
Answer: Certified answer
Explanation: Measuring success using market share may be difficult for several reasons. One reason is that market share does not take into account the profitability of a business. A company may have a high market share but still have low profitability due to high costs or low margins. On the other hand, a company with a low market share may be highly profitable due to low costs and high margins.
Another reason why market share may not be a reliable measure of success is that it does not consider the size of the market itself. A company may have a high market share in a small market but still have lower revenues and profits than a company with a smaller market share in a larger market.
Moreover, market share may not account for other important factors such as customer satisfaction, brand reputation, and innovation. A company with a high market share may be losing customers due to poor customer service or a negative brand reputation, which could lead to a decline in future sales.
Finally, market share can be affected by external factors such as changes in the market or economic conditions, which can make it difficult to maintain or increase market share even if a company is performing well in other areas.
Therefore, while market share can be a useful indicator of a company's competitive position, it should not be the only measure used to assess success.
Answer:
Measuring success using market share can be difficult for several reasons:
Market growth: Even if a company's market share remains the same or increases, it does not necessarily mean the company is successful. This is because the overall market might be growing, and other companies may be gaining market share at a faster rate. So, even though a company's market share might increase, its actual sales and revenue might be decreasing.
Market saturation: In mature markets, it may be challenging for a company to increase its market share significantly. This is because the market is already saturated, and there is limited room for growth. In this case, measuring success based solely on market share may not be an accurate representation of a company's success.
Fragmented markets: In fragmented markets with many small competitors, market share might not be an accurate measure of success. This is because a company's market share might be small, but it could still be profitable and successful.
Different market segments: A company might have a large market share in one segment of the market but be relatively insignificant in another segment. In this case, measuring success based on overall market share might not provide an accurate picture of the company's success in specific segments.
Price competition: A company might increase its market share by lowering prices, but this strategy might not be sustainable in the long term. In this case, measuring success based on market share might not be an accurate reflection of the company's profitability or overall success.
Therefore, while market share is an essential metric for companies, it should not be the sole measure of success. Other factors such as profitability, customer satisfaction, and brand reputation should also be taken into account when measuring success.
Do you believe that it is important that Customer Service Representatives should be trained to be polite, respectful and handle unhappy customers when they're hired?:
Client service is essential since it fosters client loyalty while also making workers' duties easier. This, in turn, aids corporate growth. Organizations may recover customer acquisition costs, retain talent, and promote brand loyalty by offering excellent customer service.
In fact, 33% of customers believe that efficiently answering queries is the most crucial quality a customer care representative can have. Many unpleasant customer encounters can be traced back to mumbling, losing focus, or utilizing imprecise language. Speaking clearly and respectfully demonstrates that you are informed about the subject and value the customer.
Empathetic listening demonstrates to the consumer that you are paying attention to and comprehending what they are talking to you, and it includes maintaining eye contact, nodding when appropriate, and apologizing.
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his lesson starts on time (change into negative)
Answer:
His lesson started late
Explanation:
Which of the following statements is true?
Answer:
True
Explanation:
some companies attempt to initiate problem recognition through ______.
Some companies attempt to initiate problem recognition through various marketing strategies such as advertising, promotions, and public relations.
By showcasing the negative consequences or drawbacks of not using their product or service, they aim to make consumers aware of a problem they may not have realized they had. For example, a cleaning product company may advertise the health risks associated with a dirty home to prompt consumers to recognize the need for their product. By creating a sense of urgency or fear of missing out on a solution, companies hope to spur problem recognition and encourage consumers to take action by purchasing their product or service. This approach can be effective in increasing demand and driving sales, especially if the problem is widespread and relatable to a large audience.
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Bill Hudson was a real craftsman when it came to being a machinist. Bill had learned almost all that he knew from Hugo Huffman, his first and only employer. Bill Hudson was married and had three young children. He was 33 years old and had worked for Hugo ever since he finished his tour in the army. In 12 years Bill had polished his skills under the watchful and critical eye of Hugo Huffman. Hugo was quick to recognize Bill’s talent for the trade. Bill had a positive attitude about learning and displayed a drive for perfection that Hugo admired. Hugo’s Machine Shop was a successful small business. Its success was based mostly on the reputation for quality that had been established over its 42 years in operation. Hugh had come to this country with his new wife, Hilda, when he was in his late twenties. Now the business was a success, but Hugo remembered the early years when he and Hilda had to struggle. Hugo wanted the business to continue to produce the highest quality craftsman products possible. On a Friday evening, he called Bill into his office at closing time, poured him a cup of half-day-old coffee, and began to talk with him about the future. “Bill, Hilda and I are getting old and I want to retire. It’s been 42 years of fun but these old hands need a rest. In short, Hilda and I would like you to buy the business. We both feel that your heart is in this craft and that you would always retain the quality that we have stood for.” Bill was taken back by the offer. He, of course, knew Hugo was getting older, but had no idea Hugo would retire. Bill and his wife, Anna, had only $4,200 in the bank. Most of Bill’s salary went for the normal costs of rearing three children. Hugo knew Bill did not have the money to buy the business in cash, but he was willing to take a portion of the profits for the next 15 years and a modest initial investment from Bill. Bill had, for the past four years, made most of the technical decisions in the shop. Bill knew the customers and was well respected by the employees. He had never been involved in the business side of the operation. He was a high a school graduate but had never taken business courses. Bill was told by Hugo that even after deducting the percentage of the profits he would owe under the sales agreement, he would be able to almost double his annual earnings. Bill would have to take on all the business functions himself because Anna had no business training either. Questions 1. Which entrepreneurial characteristics does Bill have that may be important to his success? Which characteristic could lead to his failure? 2. What steps should Bill take to avoid the pitfalls common to a small business? 3. If you were Hugo, would you sell Bill the business under the terms discussed in the case? Explain.
1. The entrepreneurial characteristics that Bill possess are passion, motivation, structured experimentation and decisiveness.
Negative characteristics:
Refuse to delegate, blame others and external forces for failures, lack of business education.
What are Entrepreneur Characteristics?An entrepreneur have many characteristics which contributes towards his/her own and its business success. A successful entrepreneur should take the business activities seriously and make big decisions carefully.
2. Spend more time and energy on business and make decisions carefully.
3. If I were Hugo, I would have sold my business and would renegotiate the terms and will accept a higher return which suits my monthly expense needs.
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What is The movement of the economy from
one condition to another ohd bach again?
Answer:
Business Cycles is the right answer
Explanation:
What is a certificate of deposit CD )? Provide examples?
A certificate of deposit (CD) is a type of savings account where the issuing bank pays interest in exchange for holding a specified sum of money for a predetermined length of time, such as six months, a year, or five years. You will receive the amount you initially invested plus any interest when you cash in or redeem your CD.
A certificate of deposit (CD) is a type of time deposit that is frequently offered by banks, thrifts, and credit unions in the US. Savings accounts and certificates of deposit (CDs) are different from one another since a CD often has a fixed interest rate and a set duration (commonly one, three, or six months). The bank anticipates that the CD will be kept until it matures, after which it can be withdrawn and interest collected. Similar to savings accounts, certificates of deposit (CDs) are guaranteed "money in the bank" (in the US, up to $250,000), making them virtually risk-free up to the local insured deposit limit. In the US, CDs are covered by the National Credit Union Administration (NCUA) for credit unions and the Federal Deposit Insurance Corporation (FDIC) for banks. Institutions typically give greater interest rates for deposits made by customers for a predetermined period of time than they do for demand-withdrawal accounts, though this may not always be the case when the yield curve is inverted. Although variable rates are not as prevalent as fixed rates, certain institutions do issue CDs with them.
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when an asset has a significant decline in value and is written down, this is called
When an asset has a significant decline in value and is written down, this is called impairment.
A write-down is a decrease in the carrying amount of an asset, while an impairment is a write-down that occurs because the asset's fair value is less than its carrying amount or its recoverable amount. Impairments occur when an asset's value is decreased, resulting in the asset's carrying amount being higher than its recoverable amount.
A write-down of an asset, such as inventory or equipment, means that the asset's value has declined significantly. When an asset's value is written down, its book value or carrying amount is lowered to reflect the asset's current fair market value.
Write-downs can be made on any type of asset, including property, plant, and equipment, intangible assets, and investments.
In summary, the process of decreasing the carrying value of a long-term asset because it is no longer worth its previous value is called impairment or write-downs.
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What is market economy?
Answer: an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
Answer:
an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
Explanation:
Suppose a company decides to lay off 150 workers to increase share values as a result some interested parties would benefit while others would suffer this scenario demonstrates the concerns with the _____ theory of social responsibility.
A. Maximizing profits
B. Stakeholder interest
C. Corporate citizenship
D. Moral minimum
Answer:
Corporate citizenship
Jay Harrod and 2 trainees were sent to a 2 day sales seminar. The registration fee was $165 per person. Training materials cost $35 per person. Harrod earns a yearly salary of $52,000 and the 2 trainees earn $14.50 per hour each for a standard 40 hour work week. What were the total training costs?
Answer:
$1,232
Explanation:
the training costs include:
registration fees = $165 x 3 = $495
training materials = $35 x 3 = $105
trainees' wages = 2 x 8 x $14.50 = $232
Harrod's wage = ($52,000 / 52 weeks) x 2/5 days = $400
total training cost = $1,232
Employees must be paid their normal salary when they attend training sessions.
Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
While on a trip, the Mendoza family decided to buy a painting which cost 500. The art dealer would not accept a personal check or credit cards. What method could be used to pay for the painting
Net banking is the method could be used to pay for the painting, as the art dealer would not accept a personal check or credit cards.
What is Net banking?Netbanking, normally referred to as internet banking, is a computerized way to carry out financial written account online. Any person with a bank account can activate and use this computerized system for their financial transactions.
Net banking, ordinarily referred to as online banking, is always accessible. Customers have access to a variety of financial services through net banking, including the ability to open fixed deposits and recurring deposits, transfer funds, and examine transaction history.
Thus, net banking.
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Borrowing money to pursue an advanced degree makes sense if _____. a. you can earn a scholarship to pay for your educational costs b. your future earnings potential outweighs the debt you may accrue c. you already have the financing to pay out of pocket d. your employer is willing to pay for your tuition please select the best answer from the choices provided a b c d
Answer
Option c is CORRECT answer
Explanation:
Borrowing money to pursue an advanced degree makes sense if You already have the financing to pay out of pocket.
Journal entry for paid telephone rent for the year by Cheque Rs. 500.
Answer:
telephone rent A/c. Dr. Rs.500
To bank A/c. Rs.500
(being telephone rent paid )
The journal entry of the payment of telephone expenses is that the telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque.
Here is the journal entry for paid telephone rent for the year by Cheque:
The journal entry to record the payment of telephone expenses by cheque is as follows:
Date Account Titles and Explanation Debit Credit
--------------------------------------------------------------------------------
2023-07-18 Telephone expenses $500
Bank $500
(To record the payment of telephone expenses by cheque.)
The telephone expenses account is a nominal account, which means that it is used to record expenses. The bank account is a real account, which means that it is used to record assets. The debit and credit entries are equal in amount, which means that the accounting equation is balanced. The journal entry is dated July 18, 2023, which is the date on which the payment was made. The explanation for the entry provides a brief description of the transaction.
In summary, the journal entry records the payment of telephone expenses by cheque. The telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque. The debit and credit entries are equal in amount, which means that the accounting equation is balanced.
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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
what is Pyramid scheme
Answer:
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.
Explanation:
what is business?????????????
A business is defined as an organisation or enterprising entity engaged in commercial, industrial,or professional activities.
how long does the borrower have to pay private mortgage insurance?
The borrower have to pay private mortgage insurance until they reach 20% equity in their house or an 80 percent loan-to-value ratio on their mortgage or less, homeowners normally pay PMI.
What is mortgage insurance ?
A sort of insurance called mortgage insurance guards against home loan default. People with down payments of less than 20% are able to buy homes thanks to private mortgage insurance (PMI), which reduces risk for the investors who own mortgages. A sort of insurance called mortgage insurance guards against home loan default. This helps to safeguard mortgage investors in addition to other steps taken by lenders, such as inserting a mortgagee provision in your homeowners insurance policy.
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Julia received her credit report and sees that her FICO score is 475. What might that mean? (5 points)
a.Multiple Choices
b.She has a high available credit.
c.She makes most payments on time.
d.She applied for a second small loan in the last five years.
e.She had a garnishment of wages last year.
A 475 FICO Score is much lower than the national average credit score. Many lenders refuse to work with consumers whose credit ratings are in the Very Poor area because they have negative credit. Thus, the correct option is (e) She had a garnishment of wages last year.
What is a good FICO credit score?A FICO score, often known as a credit score, is a number used to assess someone's creditworthiness. This is used by financial institutions and lenders to determine how much credit to extend to a borrower and at what interest rate. FICO scores range between 300 and 850, with higher values indicating better credit. Depending on the credit scoring system, credit scores ranging from 580 to 669 are deemed fair; 670 to 739 are considered good; 740 to 799 are considered very good, and 800 and beyond are considered extraordinary.
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If you were an elected official who wanted to increase tax revenues, which of the following would you prefer to use: individual income, sales, property, corporate income, user fees, VAT or flat? Provide reasons for your decision.
Answer:
sales tax
Explanation:
It does not choose discriminatory the more you spend the more you pay, from a moral perspective people would rather pay for what they get rather than what they make and then possibly invest or save. They would not want to pay taxes at least 3 times if it is an investment.
What is the drawback of carrying more inventory than is needed?
Answer:
One of the most important disadvantages of excess inventory is the loss of revenue. Products depreciate over time and lose their initial value. So the longer you hold a product, the cheaper it gets.
Answer:
too many resources can be tied up in the inventory
Explanation:
ape x
When an account payable is paid off in full, an entry is journalized that credits
which account?
O A. Accounts Payable
B. Accounts Receivable
C. Cash
D. Income
Answer:
B
Explanation:
Find an article dealing with an opinion poll on a local, state ,or national issue. Write a paragraph summary of when and how the poll was conducted, and what the results indicated.
When shopping for life insurance, the best strategy is to:
a.
Follow your agent’s recommendations. They are the experts and it is the agent's job to make sure you get the products that are right for you.
b.
Buy your coverage through your employer, if possible.
c.
Figure out how much you need, then comparison shop using the Web and other resources.
d.
Wait until you are older so that you can buy a cheaper, shorter term policy.
Answer:
c.
Figure out how much you need, then comparison shop using the Web and other resources.
Explanation:
I took the test
Answer:
C
Explanation:
a global clothing manufacturing company often develops multiple clothing lines simultaneously. occasionally, the executive design team decides to change designs after development is under way due to market feedback. this results in delays, which in turn lead to missed delivery deadlines. how could the company benefit by applying agile principles?
Multiple clothing lines are frequently developed at once by a large global apparel manufacturer. Occasionally, once development has begun, the executive design team decides to alter designs in response to
market feedback the company benefit by applying agile principles
A excellent review provides sufficient information so that readers may understand what transpired. Describe the elements that went into making your experience good, bad, or about average. You might also provide your thoughts on what the business is doing well and how they can do better.Using the all-hands meeting as an illustration
market feedback, I think you did a fantastic job. It demonstrated your capacity to influence others to collaborate and communicate effectively. Your communication abilities are impressive.
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when the money market is drawn with the value of money on the vertical axis, the price level decreases if group of answer choices money demand shifts left or money supply shifts right
When the money market is drawn with the value of money on the vertical axis, the price level decreases if either the money demand shifts left or the money supply shifts right.
1. If the money demand shifts left, it means that people and businesses are willing to hold less money at each price level. This could happen if interest rates increase, making it more attractive to save or invest rather than hold money. With less money demanded, there is a surplus of money in the market. To restore equilibrium, the price level decreases.
2. If the money supply shifts right, it means that the central bank has increased the amount of money in circulation. With more money available, people and businesses are able to spend more, leading to an increase in demand for goods and services. As demand rises, prices tend to decrease due to increased competition among sellers.
In both scenarios, the decrease in the price level is a result of the imbalance between money demand and supply. This adjustment helps restore equilibrium in the money market.
Overall, the price level in the money market decreases when either the money demand shifts left or the money supply shifts right. These shifts have implications for the overall economy, affecting inflation and interest rates.
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