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Differentiate between activity and event in project management?

An activity is a sub-set of process. For example, new business process in Insurance industry can comprise of activities such as Application Data Entry, Underwriting, and Policy Issuance. Whereas an event is an occurrence or an outcome which is of significance, and based on which typically, a business rule can be triggered. For a example, an event could be start of an activity, end of an activity, non completion of an activity within a certain timeframe, etc.


Is the idea that a large production-related task can be completed more efficiently by breaking it into smaller tasks and having each task completed by a specialist good?

It is true that production related tasks can be completed more quickly and accurately done separately with specialists. However, if the producers are people, the tasks need to be rotated and carefully evaluated for ergonomics. Boredom and overuse of certain joints can affect productivity over time.


Which of the management assertions cannot be completed at this time?

The management assertion that cannot be completed at this time is the "existence" assertion for certain assets or liabilities. This assertion relies on the verification of whether specific assets or liabilities actually exist at the reporting date. If the necessary documentation or access to physical assets is unavailable, auditors cannot confirm their existence, leading to an incomplete assessment of this assertion.


How should gaps in management be addressed in a business plan?

Most start-up businesses are going to have some gaps in their overall personnel plan - including management. Don't try to downplay or ignore these issues in your business plan! These are weaknesses that can make or break your business! It is critical that you discuss specific gaps and what steps will be taken to address them. First, list out each position that needs to be fill (i.e. Vice President, Finance Director, etc.). Second, describe the duties and responsibilities that each role entails. Third, talk about when each position needs to be filled. For instance, as certain milestones are reached does that position become more critical? Finally, explain how the positions will be filled. Will you tap in the local job market through the classifieds or a temp agency? Will you rely upon an investor's pool of contacts? Do you have certain candidates in mind, but haven't approached them yet? Your key management functions need to be covered - maybe not immediately in some cases - but you still need to discuss the gaps and the plan to fill them in.


How long is orientation at macy's?

certain sections take about 15, 45, 10 minutes, or even 5. And certain sections in the training take about 4 and 3 hours.