Exist Exam Course Mgt

For Management Students Practice these questions ©Ayub_M @AAU_INFO_CENTER

b. All of the above

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

c. Suppliers products create high switching costs

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

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

b. Decreased innovation

90. What is the future value ofa 7%, 5 year ordinary annuity that pays $300 each year? a.$ 1020 b.$ 1050 c$1,725.22 d. $1,260

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

To calculate the future value of an ordinary annuity, you can use the formula: FV = P * [(1 + r)^n - 1] / r Where: FV = Future Value P = Payment amount per period r = Interest rate per period n = Number of periods In this case, the payment amount per period is $300, the interest rate per period is 7% (or 0.07), and the number of periods is 5 years. Using the formula: FV = $300 * [(1 + 0.07)^5 - 1] / 0.07 FV ≈ $1,725.22 Therefore, the correct answer is c. $1,725.22