The Probability That Legal and Managerial Structures Put Together to Develop

question 79

Multiple Choice

The probability that legal and managerial structures put together to develop and operate the project will NOT perform well is:

• A) Operating risk.
• B) Political risk.
• C) Organizational risk.
• D) Integration risk.

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Definitions:

Social Contract

Agreement hammered out between labor and management in leading industries; called a new “social contract.” Unions signed long-term agreements that left decisions regarding capital investment, plant location, and output in management’s hands, and they agreed to try to prevent unauthorized “wildcat” strikes.

Childcare Expenses

Costs that parents or guardians incur in providing care for their children, especially during work hours, including daycare, nannies, and preschool services.

Wage Cuts

A reduction in the amount of money employees are paid for their work, often implemented by employers to reduce costs during economic downturns or financial struggles.

Libertarian Conservatives

A political ideology that emphasizes personal freedom, limited government, free markets, and the protection of individual rights, often intersecting with conservative values on economic issues.