Realignment Describes

question 17

Multiple Choice

Realignment describes:

• A)The change in a project portfolio with an addition of a new project.
• B)The shifting of project resources from one to another.
• C)The change in strategy for a firm.
• D)The annual recasting of all project managers.

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Definitions:

Parallel Importing

The practice of importing goods through channels that are unofficial, unauthorized, or unintended by the original manufacturer.

Back-Channel Market

A market where goods and services are traded through secondary, often unofficial, routes or channels.

Joint Venture

A business agreement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project, sharing both the risks and rewards.

Direct Importing

The process by which a business buys products directly from a foreign country to bring into its home market, bypassing any middlemen.