Which Dependencies Involve Relationships Between Project and Non-Project Activities

question 2

Multiple Choice

 Which dependencies involve relationships between project and non-project activities?

• A) mandatory
• B) discretionary
• C) external
• D) inherent

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Definitions:

Competitive Market

A market structure where multiple firms sell products that are similar or identical, and no single firm can influence the market price on its own.

Market Price

The rate at which a service or asset can presently be bought or sold within a specific market.

Market Economy

A system where the economy and the prices of goods and services are determined entirely by the collective actions of a country's individuals and companies.

Scarce Resources

Resources that are limited in supply and available in less quantity than the demand in an economy, necessitating allocation choices.