Few project managers have received formal training. Typically they have mastered the job through ________, supplemented by occasional workshops on specific project topics such as project scheduling or negotiating contracts.
A. Intense schooling
B. Observation of another project manager
C. On-the-job training
D. Joining the PMI
E. An apprentice program
Answer: C
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In 2016, Morton Cosold 150 hot air balloons at $4,000 each. The balloons carry a 5-year warranty for defects. Morton estimates that repair costs will average 4% of the total selling price. The estimated warranty liability at the beginning of the year was $14,000 . $20,000 in claims was actually incurred during the year to honor their warranty. What was the warranty expense for 2016?
a. $10,000 b. $18,000 c. $20,000 d. $24,000
Being able to effectively engage diverse employees is now ______.
A. the role of a good manager B. an HR issue C. a necessary leadership skill D. not as important as in the past
In general, the jobs that are perceived to be most stressful are those in which the workers believe that they have:
A) The most control and responsibility B) The least amount of control C) A boss who offers minimal control D) A boss who delegates all the control and responsibility
The basic steps in developing an effective affirmative action plan include all of the following EXCEPT
A. initiating proactive recruitment and selection methods. B. surveying present minority and female employment by department and job classification. C. establishing an internal audit and reporting program to evaluate progress. D. establishing a quota system and timetable for hiring.