Project Management Is a Management Technique That Emphasises Flexibility and Rapid

question 96

True/False

Project management is a management technique that emphasises flexibility and rapid response to market opportunities.

---

Definitions:

Contributed Capital

The total value of cash or other assets that shareholders have given a company in exchange for stock, also known as paid-in capital.

Return on Assets

A financial ratio indicating the profitability of a company relative to its total assets, measuring how effectively a company uses its assets to generate earnings.

Liabilities

Financial obligations or debts that a company or individual owes to others.

Expenses

Costs incurred in the process of generating revenue, including operating expenses, cost of goods sold, and other overheads.