The Length of Time Expected to Complete an Activity Assuming

question 89

Multiple Choice

The length of time expected to complete an activity assuming that its development proceeds normally is called the:

• A)optimistic duration.
• B)pessimistic duration.
• C)most likely duration.
• D)normal duration.

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Definitions:

Trade Discounts

A reduction in the listed price of goods or services offered by sellers to buyers in the business-to-business market or in bulk purchases.

Distribution Chain

A sequence of processes through which a product or service passes until it reaches the end consumer, including manufacturers, wholesalers, and retailers.

Federal Trade Commission

The Federal Trade Commission (FTC) is a United States government agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.

Horizontal Conflict

A disagreement or clash between organizations at the same level in a distribution channel, such as two retailers or two wholesalers.