Projects Are Often Classified Based on the Type of Capital

question 7

Multiple Choice

Projects are often classified based on the type of capital expenditure. All of the following are project classifications EXCEPT projects generated ____.

• A) by growth opportunities
• B) by cost reduction opportunities
• C) to meet legal requirements and health and safety standards
• D) to meet the needs of customers

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Definitions:

Goals

Targets or outcomes that an individual or organization plans to achieve, often set as part of planning or performance improvement efforts.

Human Resources Framework

A structure or system within an organization dedicated to managing employee relations, development, policies, and welfare.

Informal Role

A role or function assumed by an individual within a group without formal recognition or assignment, often based on the individual's personal qualities or actions.

A Norm

A standard or pattern of behavior that is typical within a specific group, community, or society.