Which Is a True Statement About IT Projects

question 34

Multiple Choice

Which is a true statement about IT projects?

• A)Most IS departments face a demand for IT projects that far exceed the ability to do them.
• B)Project Managers must be certified as PMP (Project Management Professionals)
• C)Project estimates tend to have a built-in buffer of time
• D)Project teams of 12 to 15 are generally considered optimum
• E)The majority of projects taken on by IT departments are not strategic to the business

Comprehend the concept and implications of fixed and dynamic pricing strategies.

Recognize loss-leader pricing and its strategic use to attract customer attention.

Identify and differentiate between above-market, at-market, and below-market pricing strategies.

Grasp the significance of product-line pricing and how it impacts profitability across a range of products.

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Definitions:

Checkable Deposits

Funds kept in bank accounts that can readily be withdrawn by writing a check or using a debit card, making them a highly liquid form of money.

Required Reserve Ratio

The fraction of deposits that regulators require a bank to hold in reserve and not lend out, in order to ensure bank stability and liquidity.

Excess Reserves

The funds that banks hold over and above the legally mandated minimum to safeguard bank liquidity, which can also be lent out.

Actual Reserves

The funds that a bank has on hand or deposited with the central bank, available for immediate use.