Which of These Is NOT Characteristic of a Project

question 100

Multiple Choice

Which of these is NOT characteristic of a project?

• A)Projects are responsible for the newest and most improved products,services,and organizational processes.
• B)Projects are ad hoc endeavors with a clear life cycle.
• C)Projects provide a philosophy and strategy for the management of change.
• D)Traditional process management functions of planning,organizing,and controlling do not apply to project management.

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Definitions:

Purchase Price

The amount of money that is paid to buy a good, service, or asset.

Rental Price

The cost associated with leasing or renting a property, such as a house, apartment, or commercial space.

Capital Stock

The total amount of physical goods or assets that a company or country uses in the production of goods and services.

Marginal Product

The additional output that can be produced by adding one more unit of a specific input, while holding all other inputs constant.