Which of the following sources would most likely be responsible for persistent "project cost over-runs"?
A) rapidly rising inflation
B) delays in obtaining contracts and permits
C) forecasting bias by the sponsoring manager
D) lack of raw materials
Ans: C) forecasting bias by the sponsoring manager
Business
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Many companies now use customer profitability analysis to identify and weed out unprofitable customers
Indicate whether the statement is true or false
Business
Your grandfather likes to tell the story about how he started with 50 head of cattle on his ranch and grew the ranch to 1,000 head of cattle. He said "My plan was simple: grow the number of head of cattle at a rate of 10% per year."
Your grandfather reached his goal before he retired. How long did it take him? A) 18.63 years B) 31.43 years C) 25.22 years D) 47.65 years
Business