Diversity management works on the principle of ____

Diversity management works on the principle of ____
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Ans. Acceptance
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Related questions

Diversity management is a management strategy to promote and maintain a ____ environment in the organization

Description : Diversity management is a management strategy to promote and maintain a ____  environment in the organization

Last Answer : Ans. Positive workplace

A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle

Description : A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle

Last Answer : (A) Project

In large organisations, project management shall be of line type function where the project manager shall have ____ and has total formal control over the division he or she heads

Description : In large organisations, project management shall be of line type function where the  project manager shall have ____ and has total formal control over the division he or she  heads

Last Answer : Ans. Full line authority

____ is a significant facet of project management.

Description :  ____ is a significant facet of project management.

Last Answer : Ans. Project planning

Project management consists of interacting processes namely ____, ____, process interactions, and ____ which are organised in groups.

Description : Project management consists of interacting processes namely ____, ____, process  interactions, and ____ which are organised in groups.

Last Answer : Ans. Project processes, process groups, customisation

What is considered to be the most useful skill for a project manager who works in a matrix environment in order to achieve project goals? Select one: a. Leadership skill b. Influencing c. Conflict management skill d. Time management e. Planning skill

Description : What is considered to be the most useful skill for a project manager  who works in a matrix environment in order to achieve project goals? Select one: a. Leadership skill b. Influencing c. Conflict management skill d. Time management e. Planning skill

Last Answer : b. Influencing

The most successful project manager usually:1. works their way up from assistants in the project office to full-fledged project managers, supplementing that experience with formal education. 2. Comes right from Harvard's MBA program into managing very large projects. 3. Is considered the technical expert of their field. 4. Has considerable experience as a functional manager before moving into the project management arena.

Description : The most successful project manager usually: 1. works their way up from assistants in the project office to full-fledged project managers,  supplementing that experience with formal ... . Has considerable experience as a functional manager before moving into the project  management arena.

Last Answer : 1. works their way up from assistants in the project office to full-fledged project managers,  supplementing that experience

Boehm suggests an approach that addresses project objectives, milestones and schedules, responsibilities, management and technical approaches and required resources, This principle is called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.

Description : Boehm suggests an approach that addresses project objectives,  milestones and schedules, responsibilities, management and  technical approaches and required resources, This principle is  called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.

Last Answer : c. W5HH principle

Which of the following is a basic principle of finance as it relates to the management of working capital? A. Profitability varies inversely with risk. B. Liquidity moves together with risk. C. Profitability moves together with risk. D. Profitability moves together with liquidity.

Description : Which of the following is a basic principle of finance as it relates to the management of  working capital? A. Profitability varies inversely with risk. B. Liquidity moves together with risk. C. Profitability moves together with risk. D. Profitability moves together with liquidity.

Last Answer : C. Profitability moves together with risk.

Your upcoming project includes project team members from a foreign country. To make certain that cultural differences don’t interfere with team performance, thereby affecting the success of the project, your first course of action is to do which of the following? A. Provide diversity training to all the team members. B. Collocate the project team. C. Perform team-building exercises. D. Inform the team members of the organization’s rules and standards.

Description : Your upcoming project includes project team members from a foreign country. To  make certain that cultural differences don't interfere with team performance, thereby  affecting the success of the project ... exercises.  D. Inform the team members of the organization's rules and standards.

Last Answer : A. Provide diversity training to all the team members.

The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above

Description : The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above

Last Answer : (B) Normal distribution curve.

A strong ____ program encourages the development of skills and talents of the employees.

Description :  A strong ____ program encourages the development of skills and talents of the  employees.

Last Answer : Ans. Diversity management

A ____ needs to possess excellent analytical and organizational skills to manage a project team

Description : A ____ needs to possess excellent analytical and organizational skills to manage a project team

Last Answer : Ans. Project Manager

Lack of motivation among employees and low quality of production occurs in ____.

Description : Lack of motivation among employees and low quality of production occurs in ____.

Last Answer : Ans. Theory X

In ____ style, project manager shares his or her vision with the team but permits them to use their respective ideas to come up with a solution.

Description : In ____ style, project manager shares his or her vision with the team but permits them to  use their respective ideas to come up with a solution.

Last Answer : Ans. Authoritative

In ____ style, a leader issues orders without any discussion with members

Description : In ____ style, a leader issues orders without any discussion with members

Last Answer : Ans. Coercive

____ identified six distinct leadership styles.

Description : ____ identified six distinct leadership styles.

Last Answer : Ans. Daniel Goleman

____ have the principal responsibility of achieving the target goals of the firm and have the decision-making authority.

Description : ____ have the principal responsibility of achieving the target goals of the firm and have  the decision-making authority.

Last Answer : Ans. Line managers

____ is the oldest and simplest type of organization where the line of command is fulfilled from top to bottom.

Description : ____ is the oldest and simplest type of organization where the line of command is  fulfilled from top to bottom.

Last Answer : Ans. Line organisation

____ structures are also referred to as the Organisational Chart.

Description :  ____ structures are also referred to as the Organisational Chart.

Last Answer : Ans. Organisational

In the matrix-type organisation, ____ provide the resources needed and the ____ is responsible for the project results.

Description : In the matrix-type organisation, ____ provide the resources needed and the ____ is  responsible for the project results.

Last Answer : Ans. The functional managers, project manager

____ is the most common type of project organisation.

Description : ____ is the most common type of project organisation.

Last Answer : Ans. Matrix-type organisation

In a ____, the employees work for different projects in a team-like structure.

Description : In a ____, the employees work for different projects in a team-like structure.

Last Answer : Ans. Project-type organisational structure

____ structures are typically used in businesses that primarily sell and produce standard products and seldom conduct external projects.

Description : ____ structures are typically used in businesses that primarily sell and produce standard  products and seldom conduct external projects.

Last Answer : Ans. Functional-type organisation

All projects are basically ____, requiring huge money for completion and earning no return till their successful completion.

Description : All projects are basically ____, requiring huge money for completion and earning no  return till their successful completion.

Last Answer : Ans. Capital projects

If all the steps of project planning are performed successfully, ____ and planning become effective and the ideal outcomes are achieved.

Description :  If all the steps of project planning are performed successfully, ____ and planning become effective and the ideal outcomes are achieved.

Last Answer : Ans. Scoping

Subsequent to preparing ____, the team plans the project schedule and budget

Description : Subsequent to preparing ____, the team plans the project schedule and budget

Last Answer : Ans. Work Breakdown Structure

Project planning involves three processes:____ review, and __

Description : Project planning involves three processes:____ review, and __

Last Answer : Ans. Identification, analysis

The ____ of project closeout the assessment is to document the best practices and lessons learned for use on future projects.

Description : The ____ of project closeout the assessment is to document the best practices and  lessons learned for use on future projects.

Last Answer : Ans. Primary purpose

____ is where most of the resources are applied/expended on the project.

Description :  ____ is where most of the resources are applied/expended on the project.

Last Answer : Ans. Project execution and control

The project team documents its charge in the form of a ____, which is based on the project proposal and business case

Description : The project team documents its charge in the form of a ____, which is based on the  project proposal and business case

Last Answer : Ans. Project charter

The ____ then submits the proposal to get it investigated on its viability, evaluation and selection

Description : The ____ then submits the proposal to get it investigated on its viability, evaluation and  selection

Last Answer : Ans. Client

In the ____ stage, of project identification the project ideas generated above are screened and a preliminary exercise is conducted to weed out the bad or unviable ideas.

Description : In the ____ stage, of project identification the project ideas generated above are  screened and a preliminary exercise is conducted to weed out the bad or unviable ideas.

Last Answer : Ans. Screening

If the break-even point lies ____ anticipated demand, implying a loss on the product, and then the product may be discontinued or, may receive additional advertising and/or be re- priced to increase demand.

Description :  If the break-even point lies ____ anticipated demand, implying a loss on the product, and then the product may be discontinued or, may receive additional advertising and/or be re- priced to increase demand.

Last Answer : Ans. Above

Various choices of ____ that are available for constructing and developing the project should be examined.

Description : Various choices of ____ that are available for constructing and developing the project  should be examined.

Last Answer : Ans. Techniques

____ is a continuous and repetitive process involving screening, documentation, validation, ranking and approval of viable project ideas for an organization.

Description : ____ is a continuous and repetitive process involving screening, documentation,  validation, ranking and approval of viable project ideas for an organization.

Last Answer : Ans. Project identification

____ of a project should be clearly defined, measurable, and achievable.

Description : ____ of a project should be clearly defined, measurable, and achievable.

Last Answer : Ans. Objectives

____ and ____ refer to the mechanism applied to the inputs to create the desired outputs.

Description : ____ and ____ refer to the mechanism applied to the inputs to create the desired outputs.

Last Answer : Ans. Tools and techniques

Project process is classified into ____ and ____ process.

Description : Project process is classified into ____ and ____ process.

Last Answer : Ans. Project management, product-oriented

Life cycle of a project manager ____ with the development life cycle.

Description : Life cycle of a project manager ____ with the development life cycle.

Last Answer : Ans. Overlaps

The ____ manages the four basic elements of a project: resources, time, money, and scope

Description : The ____ manages the four basic elements of a project: resources, time, money, and  scope

Last Answer : Ans. Project Manager

In the ____ phase of the project life cycle the work gains momentum.

Description : In the ____ phase of the project life cycle the work gains momentum.

Last Answer : Ans. Quick Momentum

A ____ of activities that are used to achieve the project’s goals or objectives is known as the project life cycle.

Description : A ____ of activities that are used to achieve the project’s goals or objectives is known as  the project life cycle.

Last Answer : Ans. Rational order

To maximize returns in the current cut-throat competitive environment, it is vital to manage the ____ effectively.

Description : To maximize returns in the current cut-throat competitive environment, it is vital to  manage the ____ effectively.

Last Answer : Ans. Projects

To assist in budget control, it is suggested that the estimate occur at the _____ ____ ______ level of the WBS 1. Highest 2. Lowest 3. Major work effort 4. Third

Description : To assist in budget control, it is suggested that the estimate occur at the _____ ____ ______  level of the WBS 1. Highest  2. Lowest  3. Major work effort  4. Third

Last Answer : 2. Lowest

A project charter does not include ____ of the project. (A) scope (B) objectives (C) team (D) all above are included

Description : A project charter does not include ____ of the project. (A) scope (B) objectives (C) team (D) all above are included

Last Answer : (D) all above are included

The project manager works with the project sponsor to identify the necessary resources and team members needed to further develop the key project parameters – Cost, Scope, Schedule, and Quality (CSSQ). (True/False)

Description : The project manager works with the project sponsor to identify the necessary resources  and team members needed to further develop the key project parameters – Cost, Scope,  Schedule, and Quality (CSSQ). (True/False)

Last Answer : Ans. True

Which of the following statements relating to working capital financing is not correct? A. An aggressive policy uses long-term debt to finance fluctuating current assetsB. Long-term debt is less risky that short-term debt C. A conservative policy uses long-term debt to finance fixed assets D. Short-term debt is cheaper than long-term debt E. The matching principle indicates that fluctuating current assets should be financed by short-term debt

Description : Which of the following statements relating to working capital financing is not correct? A. An aggressive policy uses long-term debt to finance fluctuating current assets B. Long-term debt ... . The matching principle indicates that fluctuating current assets should be  financed by short-term debt

Last Answer : A. An aggressive policy uses long-term debt to finance fluctuating current assets

Which of the following is not followed in capital budgeting? A. Cash flows principle B. Interest exclusion principle C. Accrual principle D. Post tax principle

Description : Which of the following is not followed in capital budgeting? A. Cash flows principle B. Interest exclusion principle C. Accrual principle D. Post tax principle

Last Answer : C. Accrual principle

What Is 80/20 Principle?

Description : What Is 80/20 Principle?

Last Answer :  80/20 principle is also called as Pareto's principle.  It believes that 20% os tasks consume 80% energy for e.g. - 20% tasks in development consume 80% time, 20% of project personnel perform 80% task etc.