In Classifying the Kinds of Projects an Organization Has in Its

question 31

Multiple Choice

In classifying the kinds of projects an organization has in its portfolio, projects that directly support the organization's long-term mission are ________ projects.

• A) Strategic
• B) Conformance
• C) Compliance (must do)
• D) Operational
• E) Sacred cow

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Definitions:

Complementary Goods

Products or services that tend to be used together, where the consumption of one enhances the use of the other.

Income Elasticity

A measure of how much the demand for a good changes in response to a change in consumers' income.

Cross-Price Elasticity

A measurement of how the quantity demanded of one good responds to a change in the price of another good.

Negative

A term often indicating a subtraction, a deficit, or an unfavorable outcome in various contexts.