Planning helps project managers to clarify and focus a project's development and prospects
Indicate whether the statement is true or false
TRUE
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A questionnaire is an informal set of questions for obtaining information from respondents
Indicate whether the statement is true or false
What is the role of information systems?
a. To develop needed information and get it to the right people b. To make sure all employees understand what’s going on in the organization c. To keep employees accountable for mistakes they may be making d. To develop annual reports for shareholders
Tim's Auto Service stations were fined for failure to provide the services billed and other things. After being fined, Tim's refocused its business and began a coordination of efforts directed at improving customer satisfaction, increasing employee participation in decision making, improving supplier partnerships, and facilitating an organizational atmosphere of continuous quality improvement known as
A. total quality management. B. total quality commitment. C. quality improvement planning. D. customer satisficing.
Consider the following projects, X and Y, where the firm can only choose one. Project X costs $600 and has cash flows of $400 in each of the next 2 years
Project Y also costs $600, and generates cash flows of $500 and $275 for the next 2 years, respectively. Which investment should the firm choose if the cost of capital is 10 percent? A) Project X, since it has a higher NPV than Project Y B) Project Y, since it has a higher NPV than Project X C) Project X, since it has a lower NPV than Project Y D) Project Y, since it has a lower NPV than Project X