Create a 4x4 responsibility assignment matrix as an example and indicate the information gleaned from this tool
What will be an ideal response?
Examples may vary. A responsibility assignment matrix (RAM) also called a linear responsibility chart, is a matrix that lists members of the project team responsible for each activity. The RAM also shows other significant members of the team at each stage as well, organized according to how that activity requires their support. The RAM identifies where a person may go for support, who should be notified when the task is complete, and whose signature is required for sign-off. The tool provides a clear picture to all project team members and keeps all lines of communication open with appropriate communication flowing. An example is shown in Figure 5.10.
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On January 1, Christopher's reported total stockholders' equity of $1,300. During the year, $50 of dividends were declared and paid, donated land with a donor book value of $14 and a current fair value of $38 was received, additional common stock was issued for $300, and treasury stock was acquired for $22. The reported total stockholders' equity at December 31 was $1,406. What was the reported
net income or loss for the year? A) $160 net income B) $136 net loss C) $160 net loss D) $260 net loss
Management of current liabilities arises, in part, because of a concern over
A) profitability. B) liquidity. C) timeliness. D) materiality.
Employee communication has several purposes. Which one of the following purposes serves to help employees "understand and internalize the organization's culture and values"?
A. Acculturating employees D. Listening to employees B. Envisioning employees E. Connecting employees C. Informing employees
Most people lose their jobs not because they could not do the work, but because they failed to get along and fit in with others
Indicate whether the statement is true or false