The Advantage a Precedence Diagram Has Over a Gantt Chart

question 78

Multiple Choice

The advantage a precedence diagram has over a Gantt chart is

• A)its ability to reveal relationships among activities.
• B)its difficulty in depicting networks.
• C)its complexity.
• D)its simplicity.
• E)its lack of riskiness.

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Definitions:

Major League Baseball

Major League Baseball is a professional baseball organization and the oldest of the major professional sports leagues in the United States and Canada.

Monopoly Firm

A business entity that is the sole provider of a particular product or service in the market, resulting in the lack of competition.

Pure Monopoly

A market structure where a single seller controls the entire market for a particular good or service with no close substitutes.

Close Substitutes

Products or services that can easily replace each other in the eyes of the consumer, having a high degree of interchangeability.