Reconsidering the Selection of the Project Should Take into Consideration

question 9

Multiple Choice

Reconsidering the selection of the project should take into consideration the _____ of the competing projects that were not chosen and who the _____ are for the projects that would be affected.

• A) internal rate of return; vendors
• B) economic ratings; project champions
• C) level of complexity; suppliers
• D) project teams; stakeholders
• E) project schedules; project managers

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Definitions:

Resource Shortages

A situation where the demand for resources exceeds the supply available within a given context or environment.

Changing Market Tastes

The evolution or shift in consumer preferences and desires, often influenced by cultural, social, or economic factors.

Bargaining Power

The capacity of one party to influence the agreement terms in negotiation scenarios due to their position or alternatives.

Attractive Industry

A sector of the economy that is appealing to investors and companies due to factors like high growth potential, profitability, and low barriers to entry.