Management Questions
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Which of the following activities does NOT belong to the controlling phase of project management?A.monitor resources, costs, quality, and budgetsB.define the projectC.shift resourcesD.revise plans
Gantt charts areA.planning charts used to schedule resources and allocate time.B.not easy to understand.C.not widely used.D.widely used network techniques.
The project organization may be LESS helpful whenA.the work contains complex interrelated tasks requiring specialized skills.B.work tasks can be defined with a specific goal and deadline.C.the job is familiar to the existing organization.D.the project cuts across organizational lines.
The three phases involved in the management of large projects areA.planning, scheduling, and controlling.B.planning, scheduling, and evaluating.C.scheduling, designing, and operating.D.scheduling, operating, and evaluating.
Which of the following does NOT belong to the planning phase of project management?A.team organizationB.monitoring resourcesC.defining the projectD.goal setting
Which of the following is the THIRD level in work breakdown structure (WBS)?A.projectB.major tasks in the projectC.activities to be completedD.subtasks in major tasks
If the PM is reviewing a project scope for estimating purposes and discovers certain deliverables were missed within the WBS, what should they do?
When an issue is discovered and in the process of being corrected when multiple entities are involved, what approach is best in radiating this information?
There are 3 tasks, A and B must be finished before task C can start. What is this relationship between tasks A and B?
Relationship marketing from "value chain" to "value network"
Which of the following defines how each individual business unit will attempt to achieve itsmission?a. Business strategyb. Corporate strategyc. Functional strategy The innovators' dilemmad. National strategy
Which of the following focuses on supporting the corporate and business strategies?a. Competitive strategyb. Corporate strategyc. Operational strategyd. National strategye. Mission strategy
Which of the following defines what business or businesses the firm is in or should be in?a. Business strategyb. Corporate strategyc. Functional strategyd. National strategy
Which of the following is NOT an entry barrier to an industry? a. expected competitor retaliation b. economies of scale c. customer product loyalty d. bargaining power of suppliers
Strategy-formulation concepts and toolsa. Do not differ greatly for different size and type of organizationsb. Differ greatly for different size and type of organizationsc. Do not differ greatly for profit or nonprofit organizations but differ in small and large organizationsd. None of the mentioned options
An external analysis enables a firm to determine what the firma. can do.b. should do.c. will do.d. might do.
According to the five factors model, an attractive industry would have all of the followingcharacteristics EXCEPT:a. low barriers to entry.b. suppliers with low bargaining power.c. a moderate degree of rivalry among competitors.d. few good product substitutes.
What are guides to decision making?a. lawsb. rulesc. policiesd. procedurese. goals
An organisation's strategy:a. remains set in place longer than the mission and objectivesb. generally forms over a period of time as events unfoldc. tends to be formed at the same time the mission is developed and objectives are formulatedd. is usually conceived at a single time when managers sit down and work out a comprehensivestrategic plan for the next 3-5 years
Strategic-management audit is known as:a. Environmental scanningb. Strategy formulationc. Strategy controld. Strategy evaluation