University:
California State University, Northridge
Course:
ENT 101 | Exploring Entrepreneurship
Academic year:

2023
Views:

430

Pages:

2
Author:

Mahmoud M.

Entrepreneurship notes The design begins with the collection, synthesis and analysis of data with an adequate goal and expands to support project decisions that lead to the best use of resources to achieve success requirement. PERT (Performance Evaluation and Research) creation method. It is a "on time and on budget" program and was originally developed by the Navy in 1958 to control the Polaris missile project. CPM (Critical Path Method) is a similar technique developed by the RAND Corporation in 1957 (and possibly "borrowed" from the Navy). There is no big difference between PERT and CPM and today most people think of them as the same process. [However, some researchers still refer to as two different technologies as they have some differences. PERT is as useful as other planning methods such as Gantt chart and Material Requirements Planning (MRP); The most easily seen common point is that, in a sense, all our processes work backwards from time to time. The start time of the scheduled job. Basically, PERT/CPM analysis is used for the following purposes: 1) to draw a sequence diagram separating the tasks to be completed, 2) to determine the minimum completion time for a project, and 3) to determine the critical path if one of the following tasks is a long one that will delay the entire project faster than the term plan. Segregation analysis: Segregation analysis is a technique commonly used by production management and control accountants. It is based on the classification of production costs into "variable costs (Variable costs based on different inputs) and "sales" ( ) (indirect costs related to the volume of products). Fixed Fees: These fees are the same no matter how many sales you make. All initial expenses such as rent, insurance, and computers are considered fixed expenses because you must pay off the debt before you sell your first property. Variable Costs: These are recurring costs for each unit you sell. For example, if you run a greeting card store and need to purchase greeting cards from a stationery company for $ each, this amount represents a variable cost. As your business and sales grow, you can start creating jobs and other products as cost variables if it makes your job easier. Set Value: This is important for your crash analysis; If you don't know what a mortgage is, you can't calculate income. Pricing is the price you are willing to pay a customer for units. Psychology of Pricing: Pricing can be a complex decision-making process for customers, and a study of business and consumer psychology found values. Before choosing How to Price Your Product or Service, take the time to read the articles on pricing strategies and pricing considerations.