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For Management Students Practice these questions ©Ayub_M @AAU_INFO_CENTER
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86. To minimization dissatisfaction of stakeholders in estimating cost and resources, project manager is required to follow appropriate steps. Which of the following are steps in estimating cost and time? a. Define project requirements b. All of the above c. Decompose requirement into a work-breakdown structure d. Make estimate
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85. Bargaining power of suppliers decrease when. a. Buyers' switching costs are high b. Suppliers hold uniquely critical material for the buyer C. Suppliers products create high switching costs d. Buyers are large and suppliers are few in number
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b. All of the above
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c. Suppliers products create high switching costs
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87. Which of the following are common reasons for failure of most change initiatives? a. Proper training b. Clear objectives c Participation of employees d. External imposition
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3.Which one is true about leadership as an art and a process? a.Drives or pushes from behind b. Works to maximize individual interests than group goals C. Defines organizational culture d. Shapes the goals of a group, but not an organization
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c. Defines organizational culture
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b. Decreased innovation
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88. In Ethiopia, if enterprise's investment in plant and machinery does not exceed birr100, 000 and operates with 5 people including the owner, it is denoted as; a. Small enterprise b. Medium enterprise c. Micro enterprise d. Micro-small enterprise
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