Which among the the following is a disadvantage associated with government sources of market
sizing data?
A) The data collected is several years old.
B) There is significant labor associated with data collection.
C) The data collected is relevant only to international markets.
D) The data is made available at a high price.
A
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Which type of economy consumes most of its output and barters the rest for simple goods and services?
A) industrial economy B) developed economy C) subsistence economy D) emerging economy E) raw material exporting economy
An activity has an optimistic time estimate of 25 days, a most likely estimate of 29 days, and a pessimistic estimate of 34 days. What is the expected duration of the activity?
A) Less than 31 days but greater than or equal to 29 days B) Less than 29 days but greater than or equal to 27 days C) Less than 27 days but greater than or equal to 25 days D) Less than 25 days