In a Resource-Constrained Project, the First, or Primary, Priority in Assigning

question 66

Multiple Choice

In a resource-constrained project, the first, or primary, priority in assigning resources is usually given to activities with the

• A) smallest duration.
• B) least slack.
• C) most slack.
• D) lowest identification number.
• E) highest cost.

Appreciate the flexibility and adaptability of small businesses to changing market conditions.

Recognize the strategic importance of targeting market niches for small businesses.

Identifying the reasons people choose to start their own businesses.

Understand the challenges and problems faced by small businesses, including financing issues and market adaptability.

---

Definitions:

Government Subsidies

Financial assistance provided by the government to individuals, businesses, or institutions to support activities deemed beneficial for the public good.

Low-and Middle-Income Families

Households with earnings that are below the median income level, often eligible for certain financial aids.

Private Doctors

Medical professionals who operate their practices outside of public healthcare systems, often providing services to patients on a fee-for-service basis.

Government System

The structured set of political, legal, and administrative institutions that govern a country.