Which of the Following Demonstrates the Quality of Realism Required

question 21

Multiple Choice

Which of the following demonstrates the quality of realism required of a project selection model?

• A)It does not require special interpretation,data that are difficult to acquire,or excessive personnel.
• B)It gives valid results within the range of conditions that the firm might experience.
• C)It reflects the multiple objectives of both the firm and its managers.
• D)It deals with situations both internal and external to the project.

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Definitions:

Satellite Organizations

Entities that operate apart yet are connected to a larger parent organization, often providing supplementary support or services.

Core Firm

A core firm is the central, dominant company in a business network or supply chain that plays a pivotal role in determining operational standards, practices, and dynamics.

Divisionalized Form

An organizational structure where operations are segmented into semi-autonomous divisions, each focused on a particular product line or geographic area.

Departmentalization

The process of dividing an organization into different departments or units, each specializing in certain tasks or functions.