Since Taryn is a minor does have special contractual rights when he purchases necessaries. In this case Taryn does not really need the car since his parents have offered the use of car.
The car dealer could not legally refuse to take the car back and must return Taryn's money.
Fair market value:The fair market value of a piece of property is the price at which it would change hands between a willing and informed buyer and seller. The term can be found throughout the Internal Revenue Code, as well as in numerous state laws, bankruptcy laws, and regulatory bodies. In real estate, a property's determined fair market value (FMV) is the price it will sell for on the open market. A willing buyer and seller who are both reasonably knowledgeable about the property in question agree on the FMV.
How significant is fair market value?Parties can agree on a fair market value provided certain conditions are met. It usually takes place in legal settings and implies free and open market activity. Insurance companies and tax authorities use it extensively.
Question is incomplete . Missing part is:
Taryn is 16 years old in a state where the age of majority is 19. Taryn plans to begin working at a restaurant next week. Her parents are willing to let her use one of their cars, but she wants her own car. If Taryn buys a car for fair market value, would she be able to return the car and get a full refund. Explain the answer.
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How do landlords choose tenants?
Most landlords base their selection of tenants on a tenant's past rental history, credit history, and capacity to pay rent.
What is credit?In general, credit is an agreement between a loan and their lender. Creditworthiness as well as credit score are other terms that can be used to describe something or someone. A credit might even increase liabilities or cut assets in addition to lowering expenses or boosting earnings.
What is a credit score?a description of a credit score. A fico score is really a statistical evaluation of a consumer's creditworthiness based on their credit history. Lenders use credit scores to assess a borrower's likelihood of making debt repayments.
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In the context of the strategies that organizations adopt for competing in the international environment, the process of producing products in the domestic marketplace and then selling them in other countries is called importing.
The given statement, the strategies that organizations adopt for competing in the international environment, the process of producing products in the domestic marketplace and then selling them in other countries is called importing, is false.
What is an import?A product or service that was created in another nation but was purchased in one is an import. The two pillars of international trade are imports and exports. A nation's trade balance, commonly referred to as its trade deficit, is negative if the value of its imports exceeds the value of its exports.
The majority of the time, nations will import items or services that the exporting nation's own industry cannot provide as effectively or inexpensively. Additionally, nations may import goods or raw materials that are unavailable within their boundaries. For instance, many nations import oil because they are unable to do so domestically or because there is not a sufficient supply to meet demand.
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Question 17 (1 point) Farrah borrowed $155 from her brother. She has already paid back $15. She plans to pay back $35 each month until the debt is paid off. Which describes the number of months it will take to pay off the debt
The total number of months needed to pay off the loan is 4.
How do equations work?It is a mathematical assertion that two algebraic expressions have equal symbols.
Calculation:From her brother, Farrah took a loan for $155.
She's already returned $15.
She intends to repay the loan with a monthly payment of $35.
Let 'x' be the period of time needed to pay off the debt.
So, we get an equation,
35x + 15 = 155
The number of months is determined by solving the equation above.⇒ 35x + 15 = 155
⇒ 35x = 155 - 15
⇒ 35x = 140
⇒ x = 4.
It will therefore take four months to pay off the debt.Consequently, the appropriate choices are:
35x + 15 = 155
35x = 155 - 15
It will take 4 months to pay off the debt.
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where price is given in dollars and quantity in millions of barrels per day. the domestic equiibrium price is 22.67
where the price is given in dollars and the quantity is given in millions of barrels per day. With 9.3 million barrels traded per day, the domestic equilibrium price is $22.67 per barrel.
An equilibrium price, also known as a market-clearing price, is the consumer cost assigned to a product or service at a point where supply and demand are equal or nearly equal. The manufacturer or vendor can sell as many units as they want, and the quantity customer can buy as many as they want. There is no shortage or surplus at the equilibrium price: the quantity of the good that buyers are willing to buy equals the quantity that sellers are willing to sell.
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In 2010, Freeze Company had credit sales of $900,000 and granted sales discounts of $18,000. On January 1, 2010, Allowance for Doubtful Accounts had a credit balance of $22,500. During 2010, $37,500 of uncollectible accounts receivable were written off. Past experience indicates that 3% of net credit sales become uncollectible. What should be the adjusted balance of Allowance for Doubtful Accounts at December 31, 2010
Adjusted balance in Allowance accounts = $ 22500 beg credit balance - $ 37500 written off + ($900000 credit sale x 3%)= 22500 – 37500 + 27000
= $ 12,000.
Credit is the trust that permits one party to lend money or resources to another party, with the second party promising to repay or return those resources at a later period rather than immediately repaying the first party. In other words, credit is a technique of formalising, legally enforcing, and extending reciprocity to a broad number of unconnected persons.
The resources offered may be monetary or in the form of products or services. Credit includes any type of deferred payment. A creditor, also known as a lender, extends credit to a debtor, also known as a borrower.
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Which of the following is not an example of price discrimination by a firm?
a. children's meals at a restaurant
b. a natural gas company charging customers a higher rate in the winter than in the summer
c. a senior citizens' discount
d. coupons in the Sunday newspaper
A gas supplier that charges clients more throughout the winter than during the summer. As a result, choice (B) is the appropriate reaction.
What is price discrimination?A selling tactic known as price discrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept.
When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price to each group.
Hence, option (B) is accurate.
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True or False: The purpose of a marketing strategy is to maximize short-term profits. True false question. True False
The statement "The purpose of a marketing strategy is to maximize short-term profits." is false.
Give a brief account on marketing strategy.A marketing strategy is a long-term plan for achieving business goals by understanding customer wants and creating a measurable, sustainable competitive advantage. It includes everything, from defining who your target audience is to selecting the methods you will use to communicate with them. With the use of a marketing plan, you may specify how your business will position itself in the market, the kinds of items you will develop, the strategic alliances you will create, as well as the media you'll employ for marketing and promotion. Any firm that wants to succeed must have a marketing strategy.
A marketing strategy covers the following points :
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Taking into account recent technological developments, what technical advances do you think are possible in the next twenty years
Flying vehicles, mechanical parts for humans,and artificial intelligence are three developments that may possible in the next 20 years.
The Technical advances that may Possible in next twenty years?Many more technologies are based on the foundation of artificial intelligence (AI) and machine learning. We wouldn't have made the incredible strides in the Internet of Things, virtual reality, chatbots, facial recognition, robotics, automation, or self-driving cars, to mention a few, without AI, for example.
Gene Technology
Biology's interdisciplinary discipline of genomics focuses on deciphering and modifying the DNA and genomes of living things. A group of technologies known as gene editing makes it possible to use genetic engineering to modify the DNA and genetic makeup of living things.
Human-Computer Interfaces
Wearable technology and human-computer interfaces are created to enhance human performance physically and possibly mentally and to help us live longer,. Fitness tracker bands and smartwatches are two of the most widely used wearables on the market right now. These compact, simple-to-wear gadgets usually monitor our activities and give us information about how to live healthier, better, and more productive lives.
Extended Reality (XR)
Extended reality, or XR for short, refers to the use of technology to produce more immersive digital experiences. It includes virtual reality, augmented reality, and mixed reality.
3D Printing
Additive manufacturing, sometimes referred to as 3D printing, is the process of producing a 3D item layer by layer from a digital file. While gene editing and artificial intelligence may seem like higher-tech advancements, 3D printing has the pot other technological developments includes ,
Artificial intelligence (AI) and machine learning The Internet of Things (IoT)Wearables and augmented humans.Wearables and augmented humans. Intelligent spaces and smart places.Digital twins.To know more about Technical advances that may Possible in next twenty years refer to:
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How many types of mixed economy are there?
There are two types of mixed economy. The government sets up diligence, invests its own capital, purchases or hires productive coffers, and takes the threat of profit or loss like an ordinary entrepreneur.
There are also Joint Sector which is participated both by the Private and the Public Sector. A mixed economy combines the advantages and disadvantages of three types of husbandry request, command, and traditional economies. Indian frugality is mixed because both private and public sectors co-occur, and both work under the general guidance of profitable planning.
Exemplifications. The US frugality is stylishly described as a mixed frugality because, even though it explosively advocates free request principles, it relies on the government to deal with matters that the private sector overlooks, ranging from education to the terrain.
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"Quality at the source" requires factory workers to become their own inspectors.
True/False
"Quality at the source" requires factory workers to become their own inspectors. The given statement is True.
What do you mean by Factory workers?
Factory workers are people who work in factories or industrial settings performing manual labor or operating machinery. Factory workers typically work in assembly lines performing repetitive tasks such as operating machinery, packaging, quality control, and other related duties. The work is often physically demanding and requires long hours, so it is usually more attractive to those who are willing to put in the effort. The job also requires attention to detail and the ability to follow instructions. Factory workers are essential for the production of goods, and are the backbone of many industries.
So, The given statement is True.
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When buyers will purchase the same amount of a good, even though the price has increased, the demand for that item is .
Demand for an item is inelastic when consumers continue to buy the same volume of it even though the price has increased.
The demand curve is the relationship between price and quantity demand. Demand for a product is affected by a number of factors, including perceived need, price, perceived quality, convenience, available alternatives, customer preferences, and financial resources. How much did the good cost? A good's potential price and the quantities that might be purchased at those prices form the fundamental relationship between supply and demand. A rise in price will typically result in a drop in the quantity demanded because the relationship is frequently antagonistic. This unfavorable link can be seen visually in the consumer demand curve's declining slope.
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Which of the following is a major reason for the violation of ethics codes?
A. government regulation
B. family influence
C. lack of religious beliefs
D. fear of disciplinary action
E. perceived behavior of top management
Lack of religious beliefs is a major reason for the violation of ethics codes.
Religion has the power to inspire strong ethical motivations and to create high ethical standards. However, ethics cannot be limited to religion and is not the same thing as religion. Following the law isn't the same as being ethical. Most people's ethical ideals are frequently included in the legislation.
Some have contended that religion and spirituality based on religion may encourage immoral behavior. discriminating towards someone who holds different beliefs, for instance. It may even affect hiring procedures and how coworkers are treated at the workplace.
Morals and values are influenced by religion in many different ways. It influences how people perceive the world and act in response to it, encourages routines like going to church and praying, and creates a web of social relationships.
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What were the three main reasons the stock market crashed?
The three main reasons the stock market crashed in October 1929 were economic instability, overvaluation of stocks, and speculation.
Economic instability was caused by a prolonged period of economic growth and rising stock prices followed by a sudden contraction of the economy. This led to a decrease in consumer spending and business investments, which further weakened the economy.
Overvaluation of stocks was a result of investors buying stocks on credit in hopes of turning a quick profit, regardless of whether the stock was actually worth its current price.
Finally, speculation was rampant among investors who were convinced that stock prices would continue to rise indefinitely. They borrowed large sums of money to buy stocks, which only exacerbated the situation when the market crashed.
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Marcus listed his property with Home Sweet Home Realty and one of its listing agents, Ron Savage. About a month later, Ron filed for bankruptcy. Which of the following statements about this situation is true ?
A. Bankruptcy has no impact on agency agreements.
B. Marcus can choose whether or not to continue the listing agreement with Ron.
C. The agency agreement is terminated because the agent filed for bankruptcy.
D. The agency agreement only terminates if the broker or the principal declares bankruptcy.
In the situation when Marcus has listed his property and the agent has become bankrupt, then the agency agreement only terminates if the broker or the principal declares bankruptcy, which means option D is the right answer.
Since Ron Savage is neither a broker nor a principal, he is simply an agent, so the agency agreement in this case will not be terminated. In this case, the agent will not be able to fund the construction processes and all the money of the investors and customers will be at stake. Bankruptcy is the condition when the person has nothing left to pay back the leans taken and so all their valuable assets are sold in a bid to get back the amount. Insolvency and Bankruptcy Code is aimed at protecting the rights of operational and financial creditors.
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As of the year 2000, services accounted for what percentage of total U.S. output? O 25 percent. O 50 percent O 80 percent. O 90 percent.
As of the year 2000, services accounted for 80 percent of total U.S. output.
The US Real GDP currently stands at 20.05T, up over 19.90T in the previous quarter and 19.67T a year earlier. The change from the previous quarter and one year ago is 0.80% and 1.94%, respectively.
According to this ranking for 2021, the USA has by far the greatest economy in the world, with a GDP of 23.32 trillion dollars. With a GDP exceeding 17.73 trillion dollars, China is in second place after the United States. In terms of worldwide comparison, Canada is also well ahead and is currently ranked tenth.
With a nominal GDP of around US$17.7 billion (114.4 trillion yuan) in 2021, it has the second-biggest economy in the world. Since 2016, its purchasing power parity-based GDP has been the greatest in the world (PPP).
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Which type of audit is performed to determine if a health care organization is adhering to Health Insurance Portability and Accountability Act (HIPAA) regulations
A compliance audit is carried out to ascertain a healthcare company.
What is compliance audit?A compliance audit examines all aspects of a company's conformity to legal requirements. In the course of a compliance audit, audit reports assess the robustness and completeness of conformity preparation, appropriate security, user access controls, and risk management practices.
An organization's adherence to internal laws, laws and regulations, norms, and even codes of conduct is evaluated through a compliance audit. A variety of audit types are used in an audit to examine the efficacy of a company's inner controls. Internal audits, IRS audits, and external audits are the three primary categories of audits.
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how should the entries to a schedule of accounts payable be ordered
a. by date received
b. alphabetically by vendor name
c. by amount due from most to least
d. by date due
The entries in a schedule of accounts payable would be ordered alphabetically by vendors name.
What is the use of a schedule of accounts payable?A schedule of accounts payable is a list of all the vendors in the ledger of accounts payable to whom the business is currently indebted, together with the balances of their current accounts. In other words, the accounts payable schedule is a list of everyone to whom the company owes money in the accounts payable systems in alphabetical order.
There are two key benefits to using the accounts payable schedule. This schedule, first and foremost, enables managers as well as the accounts payable division to keep track of and arrange the vendor accounts that need to be paid. For instance, the majority of manufacturers and retailers purchase inventory and products from other companies.
Cash payments for these transactions are uncommon. Instead, the buying business merely places the acquisition on credit and pays the vendor within 30 days well after purchase. This technology accelerates corporate operations and makes it simpler for enterprises to purchase things.
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Answer: d. by date due
Explanation: I just took the test.
objective use to
achieve money
allocation to achieve
la desired outcome
Determining the price elasticity of demand involves all of the following factors, but NOT
a. availability of substitutes.
b. slope of the supply curve. c. the selling price of the good d. luxuries versus necessities.
Answer:
B. slope of the supply curve.
Explanation:
A covenant not to compete is enforceable only if it is reasonable in duration and geographic area.
True
False
It is accurate to say that a covenant not to compete is only enforceable if it has a reasonable in duration and geographic area.
In a covenant not to compete, also known as a "noncompete agreement" or "non-compete provision," one party undertakes not to take any actions that might make it more difficult for the other party to do business. This behavior often involves disclosing trade secrets or privileged information obtained while employed by that employer or taking a job with a direct rival of that employer's. An employment agreement or a contract for the sale of a firm frequently contain a covenant not to compete.
A non-compete clause in an employment contract typically restricts the employee's use of resources from the present employer to benefit a new employer.
A non-compete clause, for instance, would bar a consultant from moving her existing clients to a different consulting business.
Alternately, a noncompete agreement can prohibit the consultant from working for another consulting business for a predetermined amount of time after leaving her first employer.
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Question 3 of 10
How might human resources best make use of a set of
questionnaires completed during job analyses?
A. They might use them to develop a plan to sell the
company.
B. They might use them instead of conducting employee
evaluations.
OC. They might use them to recruit workers with additional
experience.
O D. They might compare the level of responsibilities required in
different jobs at the same level.
Apex learning help as fast as possible please
Option B is the correct answer. The questionnaires answered during job analyses are best used by human resources. They might choose to use them in place of employee reviews.
What is human resources management?Human resource management (HRM or HR) is a strategic and well-coordinated approach to the effective and efficient management of people in a company or organisation so that they contribute to the organization's competitive advantage. It is created to maximize employee performance in support of an employer's strategic goals. Managing people inside businesses is the main focus of human resource management, which also concentrates on systems and policies. HR departments are in charge of supervising employee benefits design, hiring, training, development, performance reviews and reward management, including pay and benefits administration. HR is also concerned with organizational change, labour relations and reconciling organisational requirements with those imposed by collective bargaining agreements and governmental regulations.
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Answer:it’s D
Explanation:O D. They might compare the level of responsibilities required indifferent jobs at the same level.
which of these actions would most likely decrease a person’s net worth for at least the next 6 months?
Buying a new car in cash would most likely decrease a person’s net worth for at least the next 6 months.
This is because buying a car in cash requires the person to liquidate assets such as investments, savings accounts, or other assets to pay for the car. This liquidation of assets would result in a decrease in the person’s net worth. In addition, the car is an illiquid asset that may not appreciate over the next 6 months, resulting in an overall decrease in the person’s net worth.
Therefore we can say that buying a new car will decrease a person's net worth.
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The correct question should be, which of these actions would most likely decrease a person’s net worth for at least the next 6 months? Buying a car or building a rented house?
Which of the following purchases would be counted as a final good in the GDP calculation? a. a family's purchase of a used car b. a speculator's purchase of 100 shares of Apple Computer Stock c. a deli's purchase of bread for making its sandwiches. d. a business's purchase of new office equipment.
a business's purchase of new office equipment purchases would be counted as a final good in the GDP calculation.
What the GDP actually means?The market worth of all the finished goods and services that nations produce and sell in a certain time period is measured in dollars by their gross domestic product (GDP). This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character. The term "GDP" (gross domestic product) is one of the most popular. It is frequently quoted in newspapers, on television news, in government reports, central bank reports, and corporate reports. It is now frequently referred to as an indicator of the state of both national and global economies.
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When strategic interactions are important to pricing and production decisions, a typical firm will a. consider exiting the market. b. consider how competing firms might respond to its actions. c. set the price of its product equal to marginal cost. d. generally operate as if it is a monopolist.
Think about how rival companies would react to its actions. o put its product's price at its marginal cost. do typically conduct business as a monopolist.
What are two rival companies
Companies' relentless competition to be the best frequently results in bitter rivalry. Consider comparing marketing and competitor comparison landing sites as examples of how public-facing the conflict is for some rival businesses. Others choose to keep their battle under wraps, limiting brand associations and concentrating efforts on highlighting their own advantages. Regardless of the competitive approach your business employs, I'm sure you'll agree that achieving and maintaining the top spot require a constant uphill struggle.
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__________ are small loans extended to people in poverty, typically those who are unable to get normal business loans. A. Macroloans B. Microloans C. Collateral loans D. Credit loans Please select the best answer from the choices provided. A B C D
B. Microloans are small loans extended to people in poverty, typically those who are unable to get normal business loans.
Self-employed professionals, start-ups, micro-enterprises, small firms, and people with little financial requirements can all apply for microloans, which are short-term loans with lower loan amounts.
Microloans are tiny business loans or other forms of small financing that are given to low-income families or microentrepreneurs who have little or no access to banks or other financial institutions.
Microloans can be used for things like paying for ongoing costs, buying merchandise, and paying employees that are associated with beginning or expanding a business.
These business loans often operate similarly to traditional term loans: You borrow a fixed amount of money from a lender and pay it back over a predetermined period of time, plus interest.
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Refer to Figure 6-18. The price that buyers pay after the tax is imposed is
a. $8.
b.10
c.16
d.24
Given that it is a maximum price set by the government that is less than the equilibrium price, a price ceiling of $6 would be legally binding.
What sort of example would a government-imposed price of $12 be in this market?Answer d is the right one. pricing cap that is restrictive and causes a shortage. The $12 set by the government is less than what is offered on the market. As a result, because it is below the market price, this price ceiling also has legal force.
When is a market enforced a binding price floor?According to the Corporate Finance Institute, a necessary price floor is created when the government sets a price above equilibrium for an item or collection of goods. since it is required by law that prices remain unchanged
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In business process management (BPM), an as-is model ________.
A) represents the desired state of a business process
B) represents the ideal state of a business process
C) documents the existing business process
D) contrasts the former and current states of a business process
Option (c) is correct . An as-is model is used in business process management (BPM) to record the existing business procedure.
What does it mean to manage business processes?The structured approach known as business process management (BPM) aims to enhance the procedures that businesses use to carry out their work, serve their clients, and generate value for the company. An activity or set of activities that contributes to the accomplishment of an organization's objectives, such as promoting workforce diversity or increasing profits, is known as a business process. By analyzing a business process, modeling how it functions in various scenarios, implementing changes, monitoring the new process, and continuously improving its capacity to drive desired business outcomes and results, BPM uses a variety of methods to improve it.
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According to Porter, strategy is fundamentally about being _____. A. different B. efficient C. superior D. scalable E. profitable
According to Porter, strategy is fundamentally about being different.
Hence, Option A is correct
Michael Porter, however, describes strategy as a company's "deliberately choosing a different set of activities to deliver a unique mix of value" in order to maintain a competitive position. To put it another way, you must comprehend your rivals and the market you have chosen before you can decide how your company should respond. These forces include potential new market entrants, suppliers, customers, and substitute products that affect a company's profitability. They also include the quantity and strength of a company's competitive rivals.Operational effectiveness, according to Michael Porter, is insufficient because its methods are simple to duplicate, even though it is necessary for superior performance. In contrast, selecting a singular and advantageous position rooted in activity systems that are much more challenging to rival is the essence of strategy.To know more about strategy here
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What might be the role of a real estate broker in the event a homeowner seeks to overturn a property appraisal?
A broker could be able to provide accurate evaluations and similar property sales prices. They provide agents for sellers and purchasers with information about the trend in real estate values.
What are some of the functions and duties of your Florida sponsoring broker?is accountable for your activities for at least the first years of your profession, keeps your licence inside the broker's offices, supervises and trains you.
What is a broker's primary responsibility?A broker is a person or business that stands between a prospective buyer as well as a securities exchange. A company's function as a customer's agent when it collects a commission from the customer for its services is sometimes referred to as acting as a broker.
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project planning, an activity of a project manager, _____.
Project management activity: project planning includes identifying project tasks and estimating completion times and costs.
Software Project management involves a wide range of duties, such as task scheduling, project planning, determining the product's scope, cost estimation in several currencies, etc.
The project's needs, the idea behind it, measurable objectives, results, and deliverables, as well as the actions that can and cannot be taken to ensure its success, are all included in the project's scope.
A project manager creates the project roadmap during the project planning phase of project management, which also includes the work breakdown structure, project constraints, project scope, and risk analysis.
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