Why is project management challenging?
What will be an ideal response?
Projects present challenges for a number of reasons; by their nature they are often dramatic departures from the routine process-oriented work that employees are accustomed to. Projects face budget, time, and resource constraints and these resources must often be marshaled from across the organization.
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Which one of the following events involves a liability for a business?
a. Loans to be repaid to banks b. Inventories purchased for cash c. Amounts invested by the owners d. Stock sold to the general public
The auditor performs substantive procedures related to property, plant and equipment to determine if the assets have been pledged as collateral or title has transferred. What is the primary assertion the auditor is testing?
a. Valuation. b. Rights. c. Completeness. d. Existence.
According to Lex Donaldson (1992) and others, management is a science whose knowledge is validated through proper scientific method. As such, Peters and Waterman’s classic text, In Search of Excellence, ______________.
a. Is one of the most scientifically rigorous representations of culture to date b. Presents managers with a simplistic and scientifically misleading account of organizations c. Is an excellent example of how science can be used to prove the existence of organizational phenomena like culture d. Provides the foundation for groundbreaking research and theory in organizational culture
You can create a positive atmosphere around yourself by
a. taking a positive approach. b. saying something pleasant. c. smiling. d. all of these choices.