Ivan Has Recently Started His New Business Venture,and He Has

question 20

Multiple Choice

Ivan has recently started his new business venture,and he has been busy visiting trade exhibitions,business organizations,electronic business forums,and his previous colleagues in order to build contacts.This will help him use their expertise to the benefit of his business.Ivan is typically working on building a _____.

• A) social network
• B) concern
• C) focus group
• D) global common

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Definitions:

Project Sponsor

The person or group who provides the financial resources and support for a project, often holding the authority to make major decisions about the project.

Technological Complexity

Refers to the degree of complexity and sophistication of technological systems, including their design, development, and operation.

Team's Familiarity

The degree to which team members are acquainted with or have experience in the tasks, processes, or technologies involved in a project.

DPCI Rating

A measurement used to evaluate the complexity and risk of projects based on the Darnall-Preston Complexity Index.