To See If a Potential New Project Fits Within the Whole,an

question 45

Multiple Choice

To see if a potential new project fits within the whole,an organization may consider interactions among various portfolio projects,such as interdependencies,competing resources,and timing.These activities best fit within the ________ step of the process phase of the portfolio selection process.

• A)individual project analysis
• B)screening
• C)prescreening
• D)portfolio selection

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Definitions:

Herfindahl Index

A measure of the size of firms in relation to the industry and an indicator of the competition level among them.

Dominant Strategy

In a strategic interaction (game) between two or more players, a course of action (strategy) that a player will wish to undertake no matter what the other players choose to do.

Nash Equilibrium

A concept within game theory where no player can benefit by changing strategies while the other players keep theirs unchanged.

First-Mover Advantages

Competitive benefits that accrue to the initial entrant into a market, including brand recognition and product loyalty before competitors enter.