The Main Weakness of the Gantt Chart Is That ________

question 15

Multiple Choice

The main weakness of the Gantt chart is that ________.

• A)it does not contain information about the interrelationship of tasks to be performed
• B)it does not provide information about how organizational resources are bring employed
• C)it contains too much information about the interrelationship of tasks to be performed
• D)it does not help in establishing realistic worker output standards
• E)it contains information about the intrarelationship of tasks to be performed

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Definitions:

Marginal Revenue

The additional income earned from selling one more unit of a good or service.

Price Taker

An economic term referring to a company or an individual that cannot control the market price of its product and must accept the prevailing market price.

Total Revenue

The aggregate revenue a corporation generates from sales or services in a given time frame.

Economic Profits

The profit a company makes after accounting for both the explicit costs of production and the opportunity costs of capital.