Define the Following: (A)Operating Segment.(b)Reportable Segment

question 40

Essay

Define the following: (a)Operating segment.(b)Reportable segment.

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Definitions:

Matrix Organization

A company structure where employees report to multiple managers, typically both a functional manager and a project manager.

Project Management

The application of knowledge, skills, tools, and techniques to project activities to meet project requirements efficiently and effectively.

Cost

The amount of money required for the production or acquisition of goods or services, or the expenditure incurred by a business or project.

Schedule

A detailed timeline for the execution of tasks or events, specifying start and end times or dates.