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A company has several capital projects running at one time. Managers are worried about the impact that project losses might make on the company s
A company has several capital projects running at one time. Managers are worried about the impact that project losses might make on the companys overall profits. What is the best course of action for the management team in this scenario and why?
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The management team should terminate any capital projects because, in a volatile economy, any project losses could ruin a company.
The management team should increase the prices of all of the companys product prices because this will increase revenue streams, which will balance out losses from capital projects currently running.
The management team should run a postaudit review because this will allow them to see how the end results of the capital projects compare to the projected results.
The management team should conduct ongoing reviews because these reviews allow management to see changing business conditions and make adjustments to projects as necessary.
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