What does a network diagram illustrate and why are they important in project management?
What will be an ideal response?
A network diagram is a schematic display of the project's work packages and the logical relationships and interdependencies among them. For this reason, the network diagram facilitates communication flows and helps with the master scheduling of organizational resources because it shows times when personnel must be fully committed to project activities. The network diagram also identifies the critical activities and distinguishes them from the less critical and when each must start and end in order to keep the project on schedule and complete it on time.
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One of the symptoms of groupthink is closed-mindedness. Explain this symptom and provide an example of closed-mindedness.
What will be an ideal response?
Which of the following could hinder the success of products labeled "Made in Bangladesh" or "Made in Thailand" in export markets?
A) negative country-of-origin bias B) no possible quality/price positioning C) low acceptance of private brands D) lack of promotion in global markets E) high product saturation levels in global markets
Total units produced during the period divided by the value-added processing time is referred to as process productivity
Indicate whether the statement is true or false
People in countries with _______________, such as Mexico and Singapore are more likely to accept the idea of hierarchy and depend on those with power to make the decisions.
What will be an ideal response?