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A Project Manager Needs to Allocate a Staff of 460

question 101

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A project manager needs to allocate a staff of 460 employees to a 3-stage project. Stage 2 must have 20% more staff than Stage 1. Stage 3 required 50% more than Stage 2. Determine the number of employees needed for stage 1, 2 and 3 respectively.


Definitions:

Relevant Market

The market segment comprising all the consumers and businesses interested or potentially interested in purchasing a specific product or service, considering the available substitutes.

Standard Oil

Standard Oil was an American oil producing, transporting, refining, and marketing company. Established in 1870, it was a precursor to the modern oil industry and was later broken up due to antitrust laws.

Conglomerate Merger

A type of corporate merger between companies that operate in entirely different industries, aimed at diversification and risk reduction.

RCA

Radio Corporation of America, historically a major American electronics company and a pioneer in radio and television; also refers to a type of audio-video cable connector.

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