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1 year ago

Why do project managers have to be aware of organizational culture to help guide a project to success?

1 answer:

6 0

To be able to communicate with various departments as well as external stakeholders.

What are the three ways that organizational culture impacts project management?

Project management can be impacted by organizational culture and project management culture in at least four different ways:

Interdepartmental communication,
goal-setting by employees,
project planning,
performance evaluation.

What are the critical success factors for organizational structure and culture in project management?

These include elements of the organization's external environment, human factors, project factors, project work procedures, and project implementation.

Why do project managers have to be aware of organizational culture?

Organizational culture has an impact on how employees work together to accomplish common goals.
A culture that promotes and actively works to improve project management practices is likely to prosper.
Focus on simple-to-measure behaviors and actions if you need to change people's attitudes

Learn more about Organizational Culture

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Which of the following would NOT be considered an investment in human capital?

bearhunter [10]

Answer:

B: Purchasing a new computer

Explanation:

Investing your money in a new computer does not teach you new skills so it would not be counted as an investment in human capital. Obtaining a college degree, attending a first-aid class, and paying for cooking lessons enhances your creativity and skills so they are the perfect examples of investments in human capital. Moreover, one of the major characteristics of investing in human capital is that they are intangible so that's another reason why purchasing a new computer cannot be categorized as an investment in human capital.

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2 years ago

"A customer is long the Swiss Franc at a cost of $.60 per SF. The customer wishes to place a collar on the position using PHLX S

tia_tia [17]

Answer:

To create the collar, the customer would: buy 1 PHLX 59 SF Call and sell 1 PHLX 61 SF Call.

Explanation:

The meaning of a "collar" is that a put is bought at a strike price that is less than the price of the underlying instrument (this implies that a floor has been put on the price of the instrument); and that a call is disposed at a strike price which is higher than the price of the underlying instrument (this indicates that a ceiling above which the instrument will be called away has been created).

When a collar is put on the price, it indicates that the customer is majorly giving a guarantee for the underlying instrument's minimum and maximum price.

This should make the net cost of the collar to be close to zero due to the fact that the two contracts are "out the money" and also because the premium paid to buy the put is offset by the premium received when the call was sold.

Therefore, since customer in the question wishes to place a collar on the position using PHLX SF FLEX options, he would buy 1 PHLX 59 SF Call and sell 1 PHLX 61 SF Call to create the collar.

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3 years ago

Last year, Natalie submitted her idea for a redesigned bicycle seat on the Fast Flyers Bikes website. She learned this week that

Tems11 [23]

Answer:

microblogging

Explanation:

Natalie has submitted her idea in a website. Her idea was supported by greater number of people. Natalie did not expected that her idea would gain such significance and will be voted as winning.

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2 years ago

Chip used the local yellow pages to compile a random sample of 100 small businesses to take part in his experiment about hiring

mel-nik [20]

From the given description, Chip is using an experimental design called (A) matching.

Matching is a type of experimental design where the researcher divide his or her samples into two groups of treatment conditions, which serves to ensure that before the treatment, both groups have the samples with the same characteristics, thus ensuring that the results of the experiment would not be influenced by any confounding variables that the samples have.

Chip is doing this to ensure that samples that have been influenced by other variables which determine their decision to hire are distributed evenly in both the experimental and control group.

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2 years ago

Elise is the marketing manager in a travel company. She is planning to place an advertisement in local newspapers to promote her

Scorpion4ik [409]

Answer:

The answer is C. link the advertisements to online promotions.

Explanation:

Now lets take a look at it one by one and see why C is the answer.

As in option A, she can ask a few friends whether they've seen the ad or not, but their replies would not accurately show the success of the promotion strategy.

In Option B, it take some time to measure the results and the quarterly sales numbers can be influenced by many factors and may not reflect the impact of this specific promotional campaign.

Option D is irrelevant, Elise's company sales and the sales of the newspapers are not related. So we can not take this as an answer.

Option C however is very applicable. If you link the advertisements to online promotions, when those who read the news paper comes to check the online promotion, we can see how well has the ad performed based on the number of online enrollments of the readers.

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2 years ago