Why is project management considered an excellent training ground for future senior executives in many organizations?
What will be an ideal response?
One of the unique aspects of projects is their unique blend of technical and behavioral challenges. The technical side of project management requires managers to become skilled in project selection, budgeting and resource management, planning and scheduling, and tracking their projects. The behavioral side of project management requires project managers to bring together individuals from across the organization, mold them into a team, manage conflict, provide leadership, and engage in negotiation and appropriate political behavior.
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Obtaining a specialty product involves a considerable amount of comparison activity.
Answer the following statement true (T) or false (F)
Restructuring is the reduction of staff by eliminating jobs and sometimes whole departments and divisions
Indicate whether the statement is true or false.
What did Milton Friedman argue in his seminal 1970 article published in The Wall Street Journal?
a. Profit, although important, should not be the primary focus of firms. b. Firms have a duty to pay their employees a living wage. c. Profit, as a result of the actions of the firm, is an end in itself. d. Firms do not provide value to society unless they are acting in a socially responsible manner.
A(n) _____ market concentrates on a specific function or business process and automates this function or process for different industries
a. vertical c. symmetric b. horizontal d. asymmetric