A budget deficit occurs when expenditures exceed _______________. revenue borrowing appropriations inflation
Answers
A budget deficit occurs when expenditures exceed revenue.
What do you mean by revenue?Revenue is the cash that a business generates via its operations. Depending on the accounting technique used, there are various ways to compute revenue. Sales made on credit will be counted as revenue for products or services delivered to the customer in accrual accounting. Revenue may be recognized in accordance with certain standards even though payment has not yet been made.
The cash flow statement must be examined in order to determine how effectively a business collects debts. Contrarily, cash accounting only counts sales as revenue when money has been exchanged. A "receipt" is a payment made to a business; receipts can exist without revenue.
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Related Questions
Pam's business earns 33,000 per month. Pam's non-employee expenses are $13,500 per month. If Pam wants $4,500 in profit per month, how many employees can she employ if each employee costs $3,000 per month?
Answers
The number of employee that she can employ if each employee costs $3,000 per month is 5 employees.
Using this formula
Number of employee=Business amount earn per month-Non -employee expenses per month-Profit per month/Employee cost
Let plug in the formula
Number of employee=$33,000-$13,500-$4,500/3,000
Number of employee=$15,000/3,000
Number of employee=5 employees
Inconclusion the number of employee that she can employ if each employee costs $3,000 per month is 5 employees.
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a restaurant currently uses 62,500 boxes of napkins each year at a constant rate over the 365 days that it is open. the cost to order napkins is $200 per order and the annual carrying cost for one box of napkins is $4.00. if the orders are replenished at a rate of 500 boxes per day, what is the new optimal order quantity? (hint: non-instantaneous replenishment) group of answer choices 7,500 boxes.
Answers
The new optimal order quantity is 255.09 × 33 = 7500.57, which we round off to 7,500 boxes.
The annual demand is 62,500 boxes.The cost to order napkins is $200 per order.The annual carrying cost for one box of napkins is $4.00.The orders are replenished at a rate of 500 boxes per day.The formula for economic order quantity is given as:Economic order quantity = √2DS/HwhereD = Annual demandS = Ordering costH = Carrying costThus,Substituting the values in the formula:EOQ = √2DS/HEOQ = √[(2 × 62500 × 200)/4]/[365 – (62500/500)]EOQ = √(62500000/4)/[365 – 125]EOQ = √(15625000)/240EOQ = √65104.16667EOQ = 255.09 unitsTherefore, the new optimal order quantity is 7,500 boxes.Note: To convert the units, we need to multiply the answer with the number of units in one box, which is 33. So, the new optimal order quantity is 255.09 × 33 = 7500.57, which we round off to 7,500 boxes.
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This is my last question plzzzz get it right
Museum curators are in a tourism career.
A. True
B. False
Answers
Answer:
false
Explanation:
Protecting intellectual property rights is important to a free enterprise system because:
A. it gives the government the ability to regulate businesses.
B. it allows entrepreneurs to profit from their ideas.
C. it ensures that businesses sell products at fair prices.
D. it makes more money available for starting new companies
Answers
Answer:
B. it allows entrepreneurs to profit from their ideas.
Explanation:
Intellectual properties are valuable ideas, innovations, and creations to a business. They are intangible assets that give a business its competitive advantage. Protecting intellectual properties ensure an individual or entity reaps the full benefits of the inventions and creations.
Protecting intellectual properties safeguards a company's ideas from being exploited by its competitors for commercial gains. It gives a business the right to exclusively profits from its innovations. Protecting intellectual properties encourages research and development as entrepreneurs are guaranteed to benefit from their creations.
Target’s all in motion clothing line provides higher-quality apparel at target-level pricing, enhancing the product’s.
Answers
Clothing line provides higher-quality apparel at target-level pricing, enhancing the product’s are perceived value
Perceived value refers to a customer's assessment of the benefits or attractiveness of a good or service, particularly in comparison to a competitor. The cost that consumers are prepared to pay for a commodity or service serves as a proxy for perceived value. Price level targeting is a technique used by central banks to implement monetary policy in which a particular level of a price index, such as the CPI, is targeted. Price level targeting adjusts depending on recent events, much like inflation targeting with a forward-looking perspective.
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holding other things constant, an appreciation of the us dollar relative to the chinese yuan causes the demand for the yuan to and the supply for yuan to .
Answers
An appreciation of the US dollar relative to the Chinese yuan means that it takes more yuan to buy one US dollar.
This causes the demand for the yuan to decrease and the supply for yuan to increase. This is because a stronger US dollar makes US goods and services more attractive to Chinese consumers, increasing the demand for US dollars and decreasing the demand for yuan.
At the same time, a stronger US dollar makes Chinese goods and services more expensive to US consumers, and therefore less attractive, increasing the supply of yuan and decreasing the supply of US dollars. As a result, the exchange rate between the two currencies changes and the yuan depreciates in value relative to the US dollar.
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xerox, kodak, sony, and dell are all examples of brand names.
Answers
Yes, Xerox, Kodak, Sony, and Dell are all examples of brand names. A brand name is a word, name, symbol, or design that identifies and distinguishes a product or service from those of other companies.
It is a valuable asset for a company, as it helps to build brand recognition and customer loyalty. A strong brand name can also increase the perceived value of a product or service, which can lead to increased sales and higher profits.
Companies invest a lot of time, money, and effort in building and maintaining their brand names through marketing and advertising campaigns, product quality and customer service.
Overall, a brand name is an important component of a company's overall marketing strategy and can have a significant impact on its success in the marketplace.
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which of the following best describes the clearance concept?
Answers
The clearance concept refers to the volume of blood cleared of a substance within a specific unit of time.
Clearance is a pharmacokinetic parameter used to describe the removal or elimination of a substance from the body. It represents the volume of blood from which a substance is completely removed per unit of time. Clearance is often used to assess the efficiency of organs involved in the elimination process, such as the kidneys for clearing drugs or waste products.
To calculate clearance, the rate of elimination of the substance is divided by its concentration in the blood. The resulting value represents the volume of blood that would need to be completely cleared of the substance per unit of time to maintain the observed elimination rate.
Clearance is an important concept in pharmacology and medicine as it helps determine optimal drug dosages and assess the functioning of organs involved in drug metabolism and elimination. A higher clearance indicates faster elimination, while a lower clearance suggests slower removal of the substance from the bloodstream.
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advertisements reminding people to stay focused while driving and to avoid texting while driving are examples of . question 5 options: a) social marketing b) services marketing c) social media marketing d) public service marketing
Answers
A) Examples of social marketing include advertisements reminding people not to text while driving and to stay focused.
What kinds of advertisements are there?Direct mail, comparative, cooperative, informational, and outdoor advertising are all examples of product advertising. Television, radio, print, websites, social media, outdoor/billboards, and digital placement are all advertising channels.
What are the six different kinds of social media?Although this can be broken down in many different ways, the six types of social media are social networking, bookmarking, social news, media sharing, microblogging, and online forum sites.
The marketing mix does not include the target market. A group of people who a business wants to sell its products and services to is known as a target market.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
in a monopolistic competitive industry, group of answer choices each firm in the industry produces a slightly differentiated product. there are significant barriers to entry. there are significant barriers to exit. there are few sellers.
Answers
In a monopolistic competitive industry, each firm produces a slightly differentiated product. This means that while there may be many firms producing similar products, each firm has its unique features that distinguish it from other firms. This differentiation allows firms to charge a slightly higher price than their competitors and still maintain a customer base.
However, there are significant barriers to entry in this type of industry. The cost of establishing a new business and the difficulty in obtaining a foothold in an already crowded market make it challenging for new firms to enter. Existing firms have already established brand loyalty and have the resources to continue innovating and improving their products, making it difficult for new firms to compete.
Additionally, there are significant barriers to exit in a monopolistic competitive industry. Firms cannot easily shut down their operations or exit the market without incurring significant costs. This is because they have invested resources into establishing their brand and developing their product. Furthermore, there is always the risk that a competitor may take over their market share if they leave the industry.
Overall, the monopolistic competitive industry is characterized by few sellers, significant barriers to entry and exit, and firms producing a slightly differentiated product. While this industry can be profitable for existing firms, it can be difficult for new firms to enter and establish themselves.
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When Anheuser-Busch introduced Michelob Light in addition to Michelob, the firm was using _____ branding.
brand-extension
individual
random
selective
existing
Answers
When Anheuser-Busch introduced Michelob Light in addition to Michelob, the firm was using brand-extension branding.
Brand-extension branding refers to a marketing strategy where a company uses an existing brand name to introduce a new product. In this case, Anheuser-Busch used the Michelob brand name, which was already established in the beer market, to introduce Michelob Light.
Brand-extension branding is a common strategy used by companies to leverage the equity of their established brands. By introducing a new product under an existing brand name, companies can reduce the cost of developing a new brand and benefit from the existing brand's reputation and customer loyalty.
However, brand-extension branding can also be risky, as it can dilute the original brand's equity if the new product does not meet customer expectations. In this case, Anheuser-Busch was successful in using the Michelob brand name to introduce Michelob Light, which has become a popular light beer option.
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What is the normal tour of duty for Food Service Attendants?
Answers
Frequently, a tour of duty for a food service employee lasts 90 days. A food service attendant handles service, meal preparation, and food handling at a variety of establishments, including hotels, cafeterias, and bars. They provide their services every day of the week while working under the supervision of a kitchen manager or food service director.
What exactly does a food server do?Providing food In places like restaurants, bars, cafeterias, and hotels, attendants are employed. They are responsible for handing out menus, responding to client questions, taking orders, serving meals and drinks, setting the tables for the next service, and keeping the establishment clean.
What exactly do the attendants do?In a wide range of venues, including hotels, restaurants, parking lots, outdoor facilities, and retail stores, attendants carry out a variety of activities related to customer care and assistance. They help customers, give information, and make sure everything runs smoothly.
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Select the correct answer.
Kelly paid salary to her employees at the end of the month. What will be the journal entry for the given financial transaction?
A. Employee Account - Debit
Employee Account - Debit
B.
C. Salary Account - Debit
D. Salary Account - Debit
Cash Account - Credit
Kelly Account - Credit
Cash Account - Credit
Kelly Account - Credit
Reset
Next
Answers
Answer:
Explanation
Answer will be
C
Salary Account Debit
Cash Account Credit
pa 13. lo 6.5grainger company produces only one product and sells that product for $100 per unit. cost information for the product is: direct material $15 per unit direct labor $25 per unit variable overhead $5 per unit fixed overhead $34,000 selling expenses are $4 per unit and are all variable. administrative expenses of $20,000 are all fixed. grainger produced 5,000 units; sold 4,000; and had no beginning inventory. compute net income under absorption costing variable costing reconcile the difference between the income under absorption and variable costing.
Answers
The net income in the
absorption costing = $156,800The variable costing = $15000Reconciliation = $156800How to solve for the net income under the absorption costingWe have 4000 * 100 = 400000
direct materials = 15 x 4000 = 60000
direct labor = 25 x 4000 = 100000
Variable overhead = 5 x 4000 = 20000
fixed overhead = 34,000/5000*4000 = 27,200
Gross profit = 400000 - 60000 - 100000 - 20000 - 27200
= 192800
The selling expense = $4*4000 = 16,000
The administrative expenses = 20,000
net income = 192800 - 16000 - 20000 = 156,800
The absorption costing is $156,800
2. How to solve for the net income under the Variable costingSale = 4000 x 100 = 400000
variable cost = 15 + 25 + 5 + 4 * 4000 = 49 * 4000 = 196000
fixed cost = 34,000+20,000 = 54,000
The net income = 400000 - 196000 - 54000 = 150,000
Hence the net income under absorption is $156,800
The net income under variable costing is $150,000
3. Reconciliation
= 150000 + (34000 / 5000 * 1000)
= 150000 + 6800
= $156800
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Six acres of prime undeveloped property are sold for $2.25 per square foot. how much did the buyer pay?
Answers
Six acres of prime undeveloped property are sold for $2.25 per square foot. The buyer should pay $588060
It is calculated as:
1 acre= 43560 sq ft.
Therefore 6 acre = 43560*6 = 261360 sq ft.
Property is sold for $2.25 per sq. ft
Therefore the price is calculated by multiplying the rate of per sq ft with the total sq ft area.
= 261360* $2.25
=$588060
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A leader that takes a political stand on an issue for no other reason than to get re-elected is using which ethical theory?
Answers
A leader that takes a political stand on an issue for no other reason than to get re-elected is using: ethical egoism. The correct option is A.
Ethical egoism is the belief that individuals should prioritize their own self-interest above all else. In this scenario, the leader is taking a political stand solely for the purpose of getting re-elected, rather than considering the well-being of their constituents or the greater good of society. The leader is prioritizing their own interests, in this case, being re-elected, above all other considerations.
This behavior is not ethical as it prioritizes personal gain over the needs and welfare of the people they represent. Utilitarianism, on the other hand, is an ethical theory that advocates for actions that result in the greatest good for the greatest number of people, while altruism and collectivism prioritize the interests of others and society as a whole.
Therefore, the leader in question is not exhibiting ethical behavior as their actions are driven solely by self-interest, and not the greater good. The correct option is A.
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Some HR workers investigate possible company violations. Why is it important for these workers to reserve judgment and be impartial? Explain in your own words. Then, imagine a situation in which someone may NOT reserve judgment and/or may NOT be impartial. Describe that situation.
Answers
To ensure a fair and impartial investigation, HR employees investigating potential company violations must reserve judgment and remain impartial.
Why is it critical for these employees to exercise impartiality and reserve judgment?HR professionals can gather all relevant data, facts, and evidence if they are impartial, and then evaluate it without having any preconceived notions or personal biases. They are able to make sound decisions using this strategy rather than relying on their own irrational thoughts or feelings to make decisions.
A situation in which the HR worker conducting the investigation is personally connected to or has a close relationship with the accused party could indicate that the individual may NOT reserve judgment or be impartial.
In such a scenario, the HR employee may feel compelled to safeguard their friend or coworker, which may result in a biased investigation and a result that does not accurately reflect the situation. The HR department's impartiality and integrity could be questioned in this scenario, which would jeopardize the investigation.
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Your available credit is $1,000, but you keep your debt to $200.00. How does this help you build a positive credit history?
Answers
Keeping a low debt-to-credit ratio can demonstrate responsible credit usage, which is a key factor in building a positive credit history.
Building a good credit history requires maintaining a low debt-to-credit ratio.Your debt-to-credit ratio measures how much of your available credit you are currently using.A lower debt-to-credit ratio implies prudent credit use because you aren't using credit excessively and can properly manage credit.Keep this percentage as low as you can because creditors and lenders use it to assess your credit worthiness. Maintaining a low debt to credit ratio may make you appear less dangerous to lenders and increase your chances of getting future loan applications accepted.Another important element in establishing a solid credit history is having a low debt-to-credit ratio, which can enhance your credit score.
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In the United States, there are various forms of economic oversight that are performed by the government. Sometimes the government will step in when they feel the need to encourage competition in a particular industry and to break up companies that have nearly complete control over a particular market. What is this called when the government initiates action against companies that appear to have too much power?
Answers
Antitrust laws initiate action against companies that appear to have too much power.
Antitrust laws are rules that promote competition by restricting a firm's ability to dominate the market. This frequently entails dismantling monopolistic enterprises as well as making sure mergers and acquisitions don't excessively concentrate market power.
Additionally, cartels or groups of companies working together to restrict competition through tactics like price fixing are prohibited by antitrust laws. Antitrust law has developed into distinct legal expertise as a result of the difficulty in determining what actions may restrict competition.
Federal antitrust laws are currently enforced by the Federal Trade Commission, often in cooperation with the Department of Justice.
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write a short response paragraph explaining how a credit score could contribute to keeping someone caught in a cycle of poverty
Answers
Answer:
A credit score is a numerical representation of a person's creditworthiness, which lenders use to determine their ability to repay loans. Unfortunately, people with low credit scores may find it difficult to access credit, which can make it challenging to obtain loans to start a business, purchase a home, or cover emergency expenses. This lack of access to credit can make it challenging for people caught in the cycle of poverty to break free, as they may not have the resources to address urgent financial needs or invest in income-generating opportunities. Additionally, without access to credit, they may turn to predatory lenders or high-interest credit cards, further perpetuating the cycle of poverty. Therefore, a low credit score can contribute to keeping someone caught in a cycle of poverty by limiting their financial options and making it difficult to improve their economic situation.
Explanation:
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BLACK FRIDAY is related to business and finance in numerous ways and has become a very popular shopping event. Now that you have learned a little bit about the history and business strategies used for offering BLACK FRIDAY DEALS let’s put your purchasing power to the test.
-Find a gift for the person described in the scenario below using BLACK FRIDAY deals online. -Pick a gift that also stays within the BUDGET you have been given for each purchase.
-You can only use the SOURCE (i.e. store online) ONCE. For example, you can use AMAZON only one time.
-NO GIFT CARDS CAN BE USED AS A GIFT SOLUTION.
-You will need to include the following information for each person: Name of Gift Idea, Brief Description of the Gift, Website utilized, and Price of the Gift.
Donald is 38 years old and attends Culinary Arts School at Kirkwood Community College in Cedar Rapids. He would like to become a chef in Chicago someday.
BUDGET: $120.00?
Mia is five years old. Favorite play themes for Mia include Transformers and Mario.
Her favorite color is red.
BUDGET: $45.00?
Sasha has her own dog-sitting business. As an 8th grader at NW Junior High, she has many customers and little free time to really enjoy the weekend. She has a German Shepard named CALICO.
BUDGET: $100.00?
You work at Hy-Vee as a checker and your manager has been very generous with allowing you to take time off for your school activities. You decide to thank them with a small token of your appreciation.
BUDGET: $20.00?
CONGRATULATIONS! You have won a drawing for a $200 shopping spree at your favorite store. What are you buying? (Spend the whole amount, if you can).
BUDGET: $200.00?
Answers
Black Friday is the largest shopping day in the USA. Together with Cyber Monday three days later, it marks the start of Christmas shopping and many Americans start decorating for Christmas and shopping.
Many people visit parents or other relatives during Thanksgiving, which often means a trip, and they therefore do not work on Fridays, but can, for example, engage in shopping. A number of American online stores offer cheaper goods these days and then also target customers outside the United States. Many stores open early, some as early as midnight, others at 5 or 7 in the morning, and close late, for example at 11 p.m.
Although Black Friday is not an official day off in the United States, all schools and many workplaces are closed, to enable a four-day holiday with Black Friday as a so-called squeeze day.
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A computer company purchases 25,000 computers this year and has sold 22,000 to it's customers. According to government statisticians, all 25,000 computers have been purchased. How do the statisticians reach this conclusion?
~Economics
Answers
According to government statisticians, all 25,000 computers have been purchased because the computer company purchased them originally.
In the calculation of Gross Domestic Product(GDP), double counting is avoided by:
Using only the final value of goods and services Recording only one purchase of final goods and servicesWhen the computer company first bought the computers from the supplier, this counts as a purchase of those computers because the company did indeed purchase the computers.
In conclusion, government statisticians will consider all the computers to have been purchased to avoid double counting because the computer company had bought the computers originally.
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Suppose that the wage is $20 per hour in a two-sector (manufacturing and agriculture) specific-factors model. Currently, the prices of manufactured and agricultural outputs are $5 and $1, respectively; the marginal product of labor in the manufactured sector is 6 units per hour; and the marginal product of labor in the agricultural sector is 10 units per hour. What will happen to the distribution of labor between the two sectors?
Answers
Options :
A) Nothing will happen. The current allocation of labor between the two sectors is ideal.
B) The manufacturing sector will demand more labor, and the agricultural sector will demand less labor at the current wage.
C) The agricultural sector will demand more labor, and the manufacturing sector will demand less labor at the current wage.
D) Both the agricultural and the manufacturing sector will demand more labor at the current wage.
Answer: B) The manufacturing sector will demand more labor, and the agricultural sector will demand less labor at the current wage.
Explanation: Analysing the marginal product of labor for the TWO sectors ; the manufacturing and agricultural which measures the change in production output as labor is increased. The output produced by increasing labor is 6units for manufacturing and 10 units for agricultural, agricultural seems greater, however, comparing output with the price per unit of product, manufacturing and agricultural sells for $5 and $1 respectively. Meaning manufacturing generates ($5 * 6) = $30 while agricultural generates ($1 * 10)) $10 per increase in number of Labor.
Therefore, at the current wage of $20, revenue made by hiring one more unit of labor into the agricultural sector cannot even cater for it's wage. Therefore, agricultural sector will demand less while manufacturing will demand more.
Which of the following is a benefit of a bank?
A. You can get your cash quickly and easily.
B. A bank is insured by the federal deposit insurance corporation
C. You assets are safe from theft, loss, and fires
D. All the above
Answers
Answer:
D
Explanation:
Answer:
D. All the above
Explanation:
Why do internal economies of scale lead to imperfectly competitive​ industries? A. Patent laws prevent firms from entering the market. B. Large firms have cost advantages over small firms. C. This is an observation based on measurable data. D. There are barriers to entry due to large fixed costs.
Answers
Internal economies of scale lead to imperfectly competitive industries because large firms have cost advantages over small firms, so the correct answer is B.
Economy of scale is the economic advantage that is realized by operating on a larger scale. In general, the average cost per unit of output decreases with increasing scale because fixed costs are spread over more units of output. Operational efficiency is also often greater with increasing scale, which in turn leads to lower variable costs.
When an industry is characterized by economies of scale, it can lead to a monopoly or oligopoly. Only large companies can then produce economically, which means that the barriers to entry for new market players are high.
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If you are the buyer and your closing costs are 4% of the loan amount, how much will you pay if the loan amount is $200,000?
Answers
Answer:
$8,000
Explanation:
Closing costs are fees levied on mortgage takers. They are paid at the closing stages of a mortgage to cover the costs of transferring the title to the buyer and other expenses.
If the mortgage is $200,000 and closing costs at 4%, the actual amount to be paid as the closing cost will be,
= 4% of $200,000
=4/100 x $200,000
=0/04 x $200,000
=$8,000
the metaphor the textbook choose to describe the relationship between organizational culture and project management is that of a riverboat trip. culture
Answers
Culture is the river and the project is the boat in the textbook describing the organizational culture and project management.
What is organizational culture and how does it affect project management?The attitudes, values, beliefs, and behaviors of an organization's workplaces where the culture is not supportive of it, project personnel, as well as its underlying presumptions, make up its culture. In management can occasionally be seen as an additional burden and disturbance to routine work.
In the absence of an effective project management office (PMO) and consistent organizational culture and practices across projects, project operations will differ from one project to the next as well as from one department to the next. The project culture of an organization largely impacts whether the projects it works on are successful or unsuccessful.
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3 · 32 + 8 ÷ 2 − (4 + 3)
A.
30
B.
23
C.
24
D.
32
Answers
3. The answer is 24 [c]
target audience → the group of people at whom advertisements are aimed
True
False