Without Any Formal Planning, the President of a Software Company

question 53

Multiple Choice

Without any formal planning, the president of a software company remarks in a speech that new technologically advanced software will be available in one year.This may lead to a project that must be done faster than anticipated.This is an example of reducing project duration caused by

• A)Imposed project deadlines.
• B)Time to market.
• C)Unforeseen project delays.
• D)High overhead.
• E)Incentive contracts.

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Definitions:

Negotiability

The characteristic of an instrument (like a check or promissory note) that allows it to be transferred from one person to another in a manner that conveys the instrument's benefits to the transferee.

Issuance

The process of officially issuing something, such as a document like a permit or license, or securities like bonds or stocks.

Indorsements

Signatures or stamps placed on a negotiable instrument, such as a check or promissory note, that specify the terms of its transfer or conditions of use.

Payable on Demand

A financial obligation that must be paid whenever the creditor requests it.