Projects Must Operate in a Broad Organizational Environment, and Project

question 19

Multiple Choice

 Projects must operate in a broad organizational environment, and project managers need to consider projects within the greater organizational context. Which approach describes the holistic view of carrying out projects within the context of the organization?

• A) Linear analysis
• B) Systems thinking
• C) Reductionism
• D) The silo approach

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Definitions:

Common Stock

A type of equity ownership in a corporation, with voting rights and potential dividends, representing a share in the company's profits and losses.

Date of Declaration

The date on which a company’s board of directors announces the distribution of a dividend or other important decision.

Date of Record

The specific date set by a corporation’s board of directors after which the shareholders on record will be entitled to receive dividends or stock rights.

Cumulative Preferred Stock

Stock that has a right to receive regular dividends that were not declared (paid) in prior years.