It Was Fortunate That the Project Budget Included Contingency Funding;the

question 20

Multiple Choice

It was fortunate that the project budget included contingency funding;the top manager had not foreseen that the project would need the services of their elite slide rule squad in more than one area at the same time.Design couldn't complete their work without their services,nor could marketing,or production.Contingency funds came in handy to meet the unanticipated:

• A)Change in project scope.
• B)Abnormal project conditions.
• C)Consequences of Murphy's Law.
• D)Interaction costs.

Recognize the significance of human and social capital in organizational contexts.

Differentiate between organizational behaviour and human resources management.

Identify the role of leadership and its traits in organizations.

Understand the impact of pay and motivation on job performance.

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Definitions:

Zero-Coupon Bonds

Bonds that do not pay periodic interest, instead being sold at a discount and maturing at face value, offering a profit at redemption.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all payments of principal and interest at expected times.

Zero-Coupon Bond

A Zero-Coupon Bond is a debt security that does not pay interest (coupon) during its life but is issued at a substantial discount to its face value, with the face value being repaid at maturity.

Forward Interest Rate

An interest rate agreed upon for a loan or investment in the future, often derived from the yield curve of current interest rates.