COGNITIVE ASSESSMENT Your Project Manager Realizes the Team Will Not

question 69

Multiple Choice

COGNITIVE ASSESSMENT Your project manager realizes the team will not be able to meet the original project deadline, so she extends the deadline. What process is she using?

• A) reactive planning
• B) change management
• C) revised delivery
• D) difference scheduling

Evaluate the role and impact of government interventions, such as taxes and standards, in correcting market inefficiencies.

Apply the principles of marginal analysis to determine optimal levels of production and consumption in the presence of externalities.

Understand the concept of monopoly power and its implications for market outcomes and social welfare.

Analyze the impact of pollution on economic decisions and the effectiveness of pollution fees and permits in achieving social optimality.

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Definitions:

Referent Power

A form of influence based on the leader's appeal or charisma, leading others to identify with them.

Expert Power

A form of influence derived from possessing specialized knowledge or skills in a particular area.

Coercive Power

Refers to the ability of a person to influence others' actions through threats or punishment.

Legitimate Power

A form of authority where power is given based on a person's position or role within a hierarchical structure.