When Identifying Profitable Project Opportunities, Management Should

question 26

Multiple Choice

When identifying profitable project opportunities, management should

• A) Focus only on cash returns and always move forward with the highest cash flow project first
• B) Develop projects at the senior management level and, thus, ensure support down through the company
• C) Concentrate first on the best opportunity in the strongest product category
• D) First focus on opportunities that utilize the lowest amount of capital required
• E) Search for opportunities that mesh with strategic plans and utilize the company's core competencies

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Definitions:

Stinky Cheese

A type of cheese known for its strong, pungent odor, which can be due to the particular bacteria or molds used in its production.

Rigidly

In a strict or inflexible manner.

Dynamic Environment

Contexts that are constantly changing and require organizations or individuals to adapt rapidly to new challenges.

Stable Environment

An environment characterized by predictability, minimal change, and relatively constant conditions.