The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects whiie CPM uses cost estimates. * True O False

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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12:59
ll 21%
The fundamental difference between PERT
and CPM is that PERT uses the beta
distribution for crashing projects whiie CPM
uses cost estimates. *
True
False
Experience differentiation is an extension of
product differentiation, accomplished by
using people's five senses to create an
experience rather than simply providing a
service. *
True
False
A product will always be in the same stage
of its product life cycle regardless of the
country.
2.
True
False
Globalization may be used to recruit and
retain talented employees as well as to
outend the life usle of
AEndue..
Transcribed Image Text:12:59 ll 21% The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects whiie CPM uses cost estimates. * True False Experience differentiation is an extension of product differentiation, accomplished by using people's five senses to create an experience rather than simply providing a service. * True False A product will always be in the same stage of its product life cycle regardless of the country. 2. True False Globalization may be used to recruit and retain talented employees as well as to outend the life usle of AEndue..
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