Which Statement About Organization for Project Management Is BEST

question 10

Multiple Choice

Which statement about organization for project management is BEST?

• A)The overall structure of the organization specifies how project team members should communicate with the project manager.
• B)The internal project team structure specifies the arrangement of all units or interest groups participating in the development of the project.
• C)Two distinct organizational structures operate simultaneously within the project management context: the organizational structure and the project team structure.
• D)All of these statements are correct.

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Definitions:

Profit-Maximizing

The strategy or point at which a business operates to generate the highest level of profit with the given resources and market conditions, often associated with the equilibrium where marginal cost equals marginal revenue.

Mutton

The meat from mature sheep, known for its strong flavor and used in various cuisines.

Partial Equilibrium

An economic analysis that considers only a part of the market or assumes that other markets remain unaffected.

Equilibrium Conditions

The state in a market where the supply of goods matches demand, with no incentive for change in price or quantity.