Upon completion of a capital investment project, what management functions related to it remain to be done?
Upon completion, the project should be audited to determine if it is meeting the company's goals and targets set forth in the planning phase. To communicate results, project reports should be prepared and distributed within the organization. These reports should include comparisons of budgeted expenditures and actual expenditures.
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Which of the following is generally true when referring to groups?
A) Group meetings are costly in terms of time and coordination B) Team members will work harder to support the goals of a group than individual projects C) Group members are more accepting of contrary opinions D) Groups are often ineffective E) Groups have limited access to research data and other essential information
If you expect your audience to be skeptical about your information, how can you minimize the potential for skepticism?
A) State conclusions and recommendations up front, then offer supporting evidence. B) Offer complete details. C) Offer a summary of each main point. D) Introduce conclusions gradually with more proof. E) Use oral communication instead of written communication.
It is ______ to get a new customer, than to retain an existing customer
a. more costly. b. much less costly. c. more cost effective. d. none of the above.
Assume that Bubba orders 15 cases of BBQ chips from Mays Potato Chips for his restaurant, Bubba's BBQ. Mays ships 15 cases of regular chips by mistake. If Bubba decides to keep the regular chips, in spite of the nonconformity with the contract, then the destruction of the chips when a water pipe breaks in the food storage room will result in:
a. Mays' having to bear the loss, because it shipped nonconforming goods to Bubba. b. Mays' having to bear the loss, because it failed to insure the chips. c. Bubba's having to bear the loss, because he accepted delivery of the nonconforming chips. d. Bubba's having to bear the loss, because it was a sale on approval contract.