Low Inflation Is a Trigger for Improved Project Management Skills

question 94

Multiple Choice

Low inflation is a trigger for improved project management skills because:

• A)rampant cost increases must be passed along to the consumer.
• B)internal process improvement is accomplished via project management.
• C)lower inflation means narrower product launch windows.
• D)global markets are a prerequisite for low inflation.

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Definitions:

Enthalpy

A thermodynamic quantity equivalent to the total heat content of a system, representing the amount of energy needed to create a system plus the work needed to make room for it in its environment.

Free Energy

A thermodynamic quantity that represents the amount of work that can be performed by a system at a constant temperature and pressure.

Entropy

Disorderliness; a quantitative measure of the amount of the random, disordered energy that is unavailable to do work.

Cofactor

A nonprotein substance needed by an enzyme for normal activity; some cofactors are inorganic (usually metal ions); others are organic (coenzymes).