Designating ____ as Having Primary Responsibility Can Cause Confusion and Increase

question 36

Multiple Choice

Designating ____ as having primary responsibility can cause confusion and increase the risk that some work will "fall through the cracks," because each may assume that the other is going to do it.

• A) a subcontractor
• B) a third party
• C) two or more individuals
• D) the project manager

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Definitions:

Productive Efficiency

A scenario where goods or services are produced at the lowest possible cost, often involving optimal utilization of resources.

X-inefficiency

The difference between efficient behaviors of businesses in a competitive market and their actual behaviors due to lack of competitive pressure.

Decreasing-cost Industry

An industry in which the costs of production decrease as the industry grows and output increases.

Decreasing-cost Industry

An industry in which the costs of production per unit decrease as the industry grows and output increases.