Flooding would be devastating to the project; however, it is very unlikely. The project manager is most likely to ________ this risk.
Fill in the blank(s) with the appropriate word(s).
retain
Some risks are so large it is not feasible to consider transferring or reducing the event (e.g., an earthquake or flood). The project owner assumes the risk because the chance of such an event occurring is slim.
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When compared to the costs of carrying excess inventory, the cost of lost sales is insignificant and should be ignored.
Answer the following statement true (T) or false (F)
Fred E. Fiedler’s fit of the leader to the situation approach is called the ____ theory.
a. Fiedler's LPC theory b. Fiedler's Lock and key theory c. Fiedler's perfect fit theory d. Fiedler's key-hole theory
Most turnarounds require a firm to carefully analyze its relevant environments. ________ analysis results in actions aimed at reduced costs and higher efficiency.
A. External B. Global C. Environmental D. Internal
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