Why is it important that a manager's evaluation be based only on those revenues and costs that he or she can control?
It is important that a manager's evaluation be based only on those revenues and costs that he or she can control because a manager's compensation is usually tied directly to his or her performance. If an event uncontrollable by a manager occurs and negatively impacts revenues and/or costs within the manager's area of responsibility, an otherwise competent manager may appear incompetent and, therefore, not receive the compensation that he or she rightfully deserves. This type of action adversely affects employee morale and, therefore, the organization as a whole.
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Indicate whether the statement is true or false
________ provides a detailed, multipronged "Statement of Ethics" that can serve as a foundation for marketers.
A. Sales and Marketing Executives International B. The American Marketing Association C. The eMarketing Association D. The Advertising Association of America E. The Better Business Bureau
Project audits are performed on all significant projects and lessons learned are recorded and used on subsequent projects in which of the following Project Management Maturity Model Levels?
A. Ad hoc project management B. Formal application of project management C. Institutionalization of project management D. Management of project management system E. Optimization of project management system
The production manager projects direct labor costs
Indicate whether the statement is true or false