Question 1

________ change infrequently and may require revision only when the nature of the business changes or shifts.

Accepted Answer

The answer of ________ change infrequently and may require revision...

Question 2

Starting and stopping work on one task to go and work on another project, and then returning to work on the original task is known as ___________.

Accepted Answer

The answer of Starting and stopping work on one task...

Question 3

When considering criteria used to select projects, capturing a larger market share or reducing the dependency on unreliable suppliers would both be examples of __________ criteria.

Accepted Answer

The answer of When considering criteria used to select projects,...

Question 4

In classifying the kinds of projects an organization has in its portfolio, projects that are typically needed to support current operations are _________ projects.

Accepted Answer

The answer of In classifying the kinds of projects an...

Question 5

In some cases organizations will use a(n)__________ to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.

Accepted Answer

The answer of In some cases organizations will use a(n)__________...

Question 6

A project that a powerful, high-ranking official is advocating is often termed a(n)___________.

Accepted Answer

The answer of A project that a powerful, high-ranking official...

Question 7

What the organization wants to become and the scope of the firm in terms of its product or service would be identified in the organization's ____________.

Accepted Answer

The answer of What the organization wants to become and...

Question 8

In classifying the kinds of projects an organization has in its portfolio, projects that are typically those needed to meet regulatory conditions required to operate in a region are ___________ projects.

Accepted Answer

The answer of In classifying the kinds of projects an...

Question 9

In a SWOT analysis, good product quality, low debt, and an established supplier network are examples of internal ________.

Accepted Answer

The answer of In a SWOT analysis, good product quality,...

Question 10

The assessment of the internal and external environments is known as a(n)________.

Accepted Answer

The answer of The assessment of the internal and external...

Question 11

In classifying the kinds of projects an organization has in its portfolio, projects that directly support the organization's long-term mission are ________ projects.

Accepted Answer

The answer of In classifying the kinds of projects an...

Question 12

The financial model that measures the current value of all cash inflows and outflows using management's minimum desired rate of return is known as the _________ model.

Accepted Answer

The answer of The financial model that measures the current...

Question 13

________ translate the organization's strategy into specific, concrete, and measurable terms.

Accepted Answer

The answer of ________ translate the organization's strategy into specific,...

Question 14

High-ranking managers who endorse and lend political support for the completion of a specific project are known as project _________.

Accepted Answer

The answer of High-ranking managers who endorse and lend political...

Question 15

In a SWOT analysis, strong competition, reduced product demand, and a maturing product life cycle are examples of external __________.

Accepted Answer

The answer of In a SWOT analysis, strong competition, reduced...

Question 16

The lack of understanding and consensus of organization strategy among top and middle-level managers is known as the __________.

Accepted Answer

The answer of The lack of understanding and consensus of...

Question 17

How strategies will be realized, given available resources, is answered through __________.

Accepted Answer

The answer of How strategies will be realized, given available...

Question 18

A weighted scoring model typically uses several weighted selection criteria to evaluate project proposals.An example of this would be a(n)____________.

Accepted Answer

The answer of A weighted scoring model typically uses several...

Question 19

The financial model that measures the time it will take to recover the project investment is the __________ model.

Accepted Answer

The answer of The financial model that measures the time...

Question 20

Strategy is implemented through ________.

Accepted Answer

The answer of Strategy is implemented through ________....

Quiz 2: Organization Strategy and Project Selection

________ change infrequently and may require revision only when the nature of the business changes or shifts.

Starting and stopping work on one task to go and work on another project, and then returning to work on the original task is known as ___________.

When considering criteria used to select projects, capturing a larger market share or reducing the dependency on unreliable suppliers would both be examples of __________ criteria.

In classifying the kinds of projects an organization has in its portfolio, projects that are typically needed to support current operations are _________ projects.

In some cases organizations will use a(n)__________ to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.

A project that a powerful, high-ranking official is advocating is often termed a(n)___________.

What the organization wants to become and the scope of the firm in terms of its product or service would be identified in the organization's ____________.

In classifying the kinds of projects an organization has in its portfolio, projects that are typically those needed to meet regulatory conditions required to operate in a region are ___________ projects.

In a SWOT analysis, good product quality, low debt, and an established supplier network are examples of internal ________.

The assessment of the internal and external environments is known as a(n)________.

In classifying the kinds of projects an organization has in its portfolio, projects that directly support the organization's long-term mission are ________ projects.

The financial model that measures the current value of all cash inflows and outflows using management's minimum desired rate of return is known as the _________ model.

________ translate the organization's strategy into specific, concrete, and measurable terms.

High-ranking managers who endorse and lend political support for the completion of a specific project are known as project _________.

In a SWOT analysis, strong competition, reduced product demand, and a maturing product life cycle are examples of external __________.

The lack of understanding and consensus of organization strategy among top and middle-level managers is known as the __________.

How strategies will be realized, given available resources, is answered through __________.

A weighted scoring model typically uses several weighted selection criteria to evaluate project proposals.An example of this would be a(n)____________.

The financial model that measures the time it will take to recover the project investment is the __________ model.

Strategy is implemented through ________.