All of the Following Are Advantages Associated with Managing Projects

question 8

Multiple Choice

All of the following are advantages associated with managing projects in a projectized organization EXCEPT:

• A) One boss - the project manager
• B) Response times and decision making are swift.
• C) Departmental barriers are reduced.
• D) New assignment is guaranteed after the project ends

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Definitions:

Managerial Accounting

The process of identifying, measuring, analyzing, and communicating financial information to managers for the purpose of achieving organizational goals.

Creativity and Change

The process of implementing new ideas, methods, or innovations to initiate or respond to organizational, environmental, or market shifts.

Planning

The process of setting goals, developing strategies, and outlining tasks and schedules to achieve the objectives set.

Company's Objectives

are the specific, quantifiable targets set by a business aiming to guide its operations towards achieving its strategic goals.