Experienced project managers recognize the need to build relationships before they need them. Why is this important?
Fill in the blank(s) with the appropriate word(s).
Answer will vary
Successful project managers initiate contact with key stakeholders at times when there are no outstanding issues or problems to avoid anxieties and suspicions. This also establishes credit in those relationships, which will allow them to deal with more serious issues down the road.
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Which of the following is the correct formula to calculate days' sales in inventory?
A) Days' sales in inventory = 365 days × Inventory turnover B) Days' sales in inventory = 365 days + Inventory turnover C) Days' sales in inventory = 365 days / Inventory turnover D) Days' sales in inventory = 365 days - Inventory turnover
Which of the following statements is a characteristic of negotiation?
a. Effective negotiators use price as a negotiation tool. b. Giving in to price negotiations too quickly increases the value of the product. c. It is a formal meeting in which the salesperson has the opportunity to present the sales proposal. d. It plays an important role in the closing of the sale.
Employee responses to job demands that are novel, unusual, or unpredictable are a part of
A. routine task performance. B. adaptive task performance. C. job performance. D. job analysis. E. citizenship behavior.
How does one formulate a hypothesis?
a. One simply states what one thinks would happen as a result of the experiment. b. by asking questions, conducting background research, and creating theories of what might work c. by considering the potential outcomes of the experiment d. by studying the business and determining why things work the way they do