Relate in specific terms in advertising campaign

Assignment Help Operation Management

Reference no: EM132090106

1. Assume that the price of good X is above the equilibrium price. In such a situation,

There is surplus and the price will fall

There is surplus and the price will rise

There is a shortage and the price will fall

There is a shortage and the price will rise

2. These processes are aggregated into five groups, defined as the Project Management Process Groups:

Initiating Process Group

Planning Process Group

Executing Process Group

Monitoring and Controlling Process Group

Closing Process Group.

PMBOK (2013) state that, within each process group, the individual processes are linked by their inputs and outputs. By focusing on the links, we can describe each process in terms of its;

Inputs – documents or documentable items that will be acted upon

Tools and Techniques – mechanisms applied to the inputs to create the outputs

Outputs- documents or documentable items that are result of the process.

Using the elements outlined above, can you relate in specific terms in the advertising campaign?

Reference no: EM132090106

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