Which of the following is one of three key principles shared by the Agile Methodologies?
A) A focus on self-adaptive processes
B) A focus on roles
C) A focus on predictive methodologies
D) A focus on passive processes
A
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Marketing managers use a market penetration strategy to target:
A) individuals who have never used the product or service. B) offshore customers who have a need for the product or service. C) individuals who are buying your product or service or a direct competitor's. D) individuals who buy closely-related products or services.
Management is obligated to monitor new external developments, evaluate the company's progress, and make corrective adjustments in order to
A. determine whether the company has a balanced scorecard for judging its performance. B. decide whether to continue or change the company's strategic vision, objectives, strategy and/or strategy execution methods. C. stay on track in achieving the company's mission and strategic vision. D. keep the company's board of directors well-informed about the company's future outlook. E. determine whether the company's business model is well-matched to changing market and competitive circumstances.
Atlas Shipping Inc is a shipping company that agreed to transport goods by ship for Everest Industries Inc from Florida to Peru
Atlas had planned to take its ship through the Panama Canal and the journey would take 7 days and the charge to Everest was $10,000. Everest paid $10,000 in advance. The Panama Canal however was closed due to an earthquake. It was still possible to get from Florida to Peru by ship but it would mean having to travel down the east coast of South America and then up the west coast to Peru. It would take over 3 weeks and the cost of this would be $40,000. As a result A) Atlas can claim the contract was frustrated and must return the $10,000 B) Atlas can claim the contract was frustrated but keep $1,000 C) Everest can insist Atlas still ship the goods via the longer route, but would have to pay $40,000 D) Everest can insist Atlas still ship the goods via the longer route and would not have to pay any more than the $10,000 it had already paid E) Everest can insist that Atlas get the goods to Peru using truck or rail transportation
Tony signed a contract agreeing to purchase a used, high-powered boat for $10,000 . Prior to signing the contract, the sales representative explained that the boat motor was guaranteed for six months for all labor and parts. The written contract
contained nothing about the warranty; however, it did have an integration clause in it. Tony had problems with the boat motor, causing expensive repairs. Tony returned the boat to the sales representative for the repairs, only to learn the salesman denied knowing anything about a six-month warranty. If Tony sues, discuss the likely outcome.