The Opportunities That a Manager Has to Modify a Project

question 59

Multiple Choice

The opportunities that a manager has to modify a project once it has started are called:

• A)sensitivity choices.
• B)managerial options.
• C)scenario adjustments.
• D)restructuring options.
• E)erosion control measures.

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Definitions:

Large Firm

A corporation or business entity that operates on a large scale, typically characterized by a significant number of employees, operations in many locations, and sizable market power.

Invention

The creation of a new product, process, or method that has not previously existed.

Creative Destruction

The process through which new innovations lead to the demise of older technologies, promoting progress and economic growth.

Diffusion

The process by which an innovation is communicated through certain channels over time among the members of a social system.