A Potential Conflict on Projects Is Personal Differences Where Conflict

question 195

Multiple Choice

A potential conflict on projects is personal differences where conflict can emerge among members of the project team because of differences in

• A)individuals' prejudices or values and attitudes.
• B)project assignments.
• C)project experience.
• D)attendance at team social events.

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Definitions:

Excess Funds

Financial resources that exceed the current needs or obligations of a company or individual, available for investment or other purposes.

Short-Term Financial Plan

A financial strategy or planning document that outlines the revenue, expenses, and cash flow for a business over a short period, typically less than one year.

Letter of Credit

A financial document issued by a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount.

Bank Loan

A bank loan is a sum of money borrowed from a bank that must be repaid with interest over a predetermined period.