If an Organization or Subcontractor Has Performed Similar Projects in the Past

question 116

Multiple Choice

If an organization or subcontractor has performed similar projects in the past and has kept records of how long specific activities actually took, these historical data

• A) can be used as a guide in estimating the durations of similar activities for future projects.
• B) have no value for the current project.
• C) should be stored in files.
• D) should be shared with the customer after the contract is signed to show that the contractor can complete the project.

Evaluate the equilibrium theory in understanding social change and its criticisms.

Differentiate between fashion, fads, and crazes with relevant examples.

Explain the impact of demographic shifts on social change with Canadian examples.

Compare and contrast different theories relating to crowd behavior, specifically emergent norm theory, contagion theory, and convergence theory.

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Definitions:

Total Costs

The complete cost of production that includes both fixed and variable costs.

Tax

Tax is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Software Package

A bundle of software components or programs that are designed to work together to perform a specific function or set of functions.

Cost Plus Pricing

A pricing strategy where the selling price of a product is determined by adding a specific markup to its production cost.