Managing Communications Is Part of the _____ Process of the Project

question 13

Multiple Choice

Managing communications is part of the _____ process of the project communication management.

• A)closing
• B)executing  
• C)planning
• D)monitoring and controlling

---

Definitions:

Deadweight Loss

Deadweight loss is the loss of economic efficiency that occurs when the equilibrium outcome is not achievable or not achieved in a market.

Price Floor

A minimum price set by the government for certain goods and services, below which they cannot be sold, aimed at protecting producers.

Government Purchases

Expenditures made by the government for goods and services that affect the economy, including investments and spending on infrastructure, healthcare, and education.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, due to market price.