A Weakness of the Payback Method of Project Evaluation Is

question 42

Multiple Choice

A weakness of the payback method of project evaluation is that it:

• A)fails to take account of the magnitude and timing of the cash flows.
• B)rejects all projects with a payback period greater than the maximum payback period.
• C)rejects all projects with a payback period less than the maximum payback period.
• D)fails to take account of the timing of cash flows,but does take into account the magnitude of cash flows.

Distinguish the context in which specific reward systems should be applied based on organizational goals, employee influence, and budget constraints.

Understand the evolution and strategic role of training and development professionals.

Recognize the importance of cognitive ability and trainee characteristics in effective training programs.

Identify the key components and the importance of organizational learning.

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Definitions:

Indirect Conflict Management

A strategy to address conflict by using third parties, avoidance, or other methods that do not involve direct confrontation.

Scripts

Sequences of behaviors or actions followed in specific situations, often functioning as a guide for expected conduct in social settings.

Superficial Agreement

Occurs when members of a group ostensibly agree on a decision to avoid conflict, despite underlying disagreements.

Effective Negotiation

Occurs when substance issues are resolved and working relationships are maintained or improved.