The __________ Is an Administrator Responsible for Wrapping Up the Administrative

question 37

Multiple Choice

The __________ is an administrator responsible for wrapping up the administrative details of a project.

• A)stakeholder
• B)project manager
• C)program administrator
• D)termination manager

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Definitions:

Entry Barriers

Obstacles that prevent or hinder new competitors from easily entering an industry or area of business.

Total Profit

The financial gain obtained by subtracting total expenses from total revenue generated from sales or operations.

MR

Marginal Revenue, the additional income that an organization earns by selling one more unit of a product or service.

MC

Marginal Cost; the additional cost incurred from producing one more unit of a good or service.