Why are extensive training and team building activities important when managing contracted relationships?
A. Extensive training and team-building activities are not worth the effort because people issues will usually work themselves out over time
B. So team members are provided with a theoretical understanding of the barriers to collaboration as well as the skills and procedures to be successful
C. So teams can still function together when co-location is not important for project success
D. So teams can identify difficult individuals and keep their distance during the project
E. So conflict management processes can be put into place
Answer: B
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Hill Co can further process Product O to produce Product P. Product O is currently selling for $60 per pound and costs $42 per pound to produce. Product P would sell for $82 per pound and would require an additional cost of $13 per pound to produce. The differential cost of producing Product P is $13 per pound
Indicate whether the statement is true or false
Susan agrees to buy Jan's car for $4,000 . Susan is to bring the money the next day. That night Jan wrecks the car. Susan:
a. must give $4,000 for the car and can collect the insurance money, if there is any b. must give $4,000 for the car but Jan must be allowed time to get the car repaired c. must buy the car, but can pay less than $4,000 since the car is now worth a lot less d. does not have to buy the car e. none of the other choices
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What will be an ideal response?
Vanessa Grant is responsible for controlling expenses, but is not responsible for generating revenues. Vanessa Grant is a manager of a(n):
A. Profit center. B. Liability center. C. Cost center. D. Investment center.