Which of the Following Is True of Program Managers

question 42

Multiple Choice

 Which of the following is true of program managers?

• A) They report to project managers who represent the next level in the hierarchy.
• B) They recognize that managing a program is simpler than managing a project.
• C) They provide leadership and direction for project managers heading the projects within a program.
• D) They are responsible solely for the delivery of project results.

---

Definitions:

Right to Buy

A privilege granted to shareholders or options holders to purchase additional shares within a company at a predetermined price and time.

All-Equity Firm

A company that finances its operations and investments solely through equity without any debt financing.

Exercise Price

The price at which the holder of an options contract may buy (call) or sell (put) the underlying security.

Warrants

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a specified price before a certain date.