Answer the following statements true (T) or false (F)
1. A step in the process of managing risk is identifying the person to be held responsible for the success or failure of the process.
2. On-time completion risk is one of the types of risk that a project can face.
3. A popular approach to risk mitigation is to avoid doing risky projects.
4. A way to mitigate risk is to blame the risk on a third party.
1. False
2. False
3. False
4. False
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Which of the following concerns are important when evaluating secondary data for international projects?
A) Measurement units may not be equivalent across countries. B) The accuracy of secondary data may vary from country to country. C) Both A and B are correct. D) None of the above are correct.
Answer the following statements true (T) or false (F)
1.An organization’s strategy is a plan of action designed to achieve a particular set of objectives. 2.An organization’s vision is a statement laying out expectations of what the organization is going to do in order to become the organization that it has envisioned. 3.An organization following a cost leadership strategy will be most interested in minimizing all internal costs, including employee costs. 4.An organization following a differentiation strategy will be more concerned with employees who are flexible and adaptable, who have the ability to innovate and create new processes, and who can work in uncertain environments within cross-functional teams. 5.The mission statement refers to the way in which an organization groups its resources to accomplish the organization’s mission.
As a firm fulfills its basic economic responsibilities, it must simultaneously
a) treat its employees equitably. b) follow a code of business ethics. c) utilize green marketing techniques. d) have a philanthropic focus. e) obey laws and regulations.
How does the physical flow of goods differ from the flow of costs?
What will be an ideal response?