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In order to determine that a project is progressing adequately, a project manage

ID: 382495 • Letter: I

Question

In order to determine that a project is progressing adequately, a project manager could use a balanced scorecard approach to evaluate the organization akong supplier, external business, risk and human resource perspectives 28. Project managers should empower team members to the extent possible, yet control to the extent necessarny 29. 30. Sometimes a project is terminated before its normal completion. 31. Early termination can be either for default or for the convenience of the seller 32. When a contract is terminated for convenience, the contractor must complete all deliverables in process and submit the completed deliverables to the buyer 33. Choose all the Costs that are considered in calculating "Cost of Production"? Material Costs Labor Costs Shipping Costs of Raw materials and To customers Warehouse Costs Warranty Costs Sunk Cost IP Cost selling Costs Legal Costs 34. Choose the common Market Structures Oligopoly Monopoly Competitive Retail Market OEM Market Internet selling 35. Which of the three business model is the best and why, or does it all depend on situation? 1 -A single inventor working with new technologies 2-A partnership that purchases assembled bikes and distributes them to retailers 3-A retailer who assembles bikes from purchased components.

Explanation / Answer

28. false. balanced scorecard method is used in performance appraisal method in HRM

29. true. it gives them to work freely by considering all the limitations and benefits

30. true, due to different factors some times it happens

31. false. early termination will be caused by many factors along with the said two

32. true

33. mateiral cost, labor cost, warehouse costs,

34. oligopoly is the most common market structure

35. there is no such concept of universal good for a procedure. the same is applicable here, the good business model always depends on all the situations and conditions only, but not in a predetermined way.

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