On the Basis of Data Released by the Bureau of Economic

question 11

Multiple Choice

On the basis of data released by the Bureau of Economic Analysis,part of the U.S.Department of Commerce,the Project Management Institute estimates that project spending in the U.S.public and private sectors combined exceeds $____ trillion per year.

• A) two
• B) five
• C) eight
• D) ten

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Definitions:

Organizational Socialization

The process by which new employees learn the norms, values, and required behaviors of an organization.

U.S. Workforce

The labor pool in the United States, encompassing all employed individuals across various sectors and industries.

Women or People of Color

Refers to individuals identified as female or those belonging to racial or ethnic groups that have historically been marginalized.

Layers of Organizational Culture

The different levels at which organizational culture manifests, including artifacts (visible elements like dress code), espoused values (organization’s stated values and rules), and underlying assumptions (unconscious, taken-for-granted beliefs).