Joint Ventures Are Sometimes Called

question 21

Multiple Choice

Joint ventures are sometimes called:

• A)mergers.
• B)strategic alliances.
• C)acquisition.
• D)leveraged buyout.

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Definitions:

Critical Path

The longest sequence of tasks in a project that must be completed on time for the whole project to be finished by its deadline, determining the shortest possible project duration.

Crashing

The process of reducing project duration by adding extra resources to project activities, often resulting in increased cost.

PERT

Program Evaluation and Review Technique; a project management tool used to schedule, organize, and coordinate tasks within a project.

CPM

Critical Path Method, a project management technique used to estimate the duration of a project and determine the activities that are critical to project completion.