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Simora [160]
2 years ago
6

Your company has assigned one of its vice presidents to function as your project sponsor. Unfortunately, your sponsor refuses to

make any critical decisions, always "passing the buck" back to you.
a. What should you do?
b. What are your alternatives and the pros and cons of each?
c. Why might an executive sponsor act in this manner?
Business
1 answer:
ASHA 777 [7]2 years ago
7 0

Answer:(a): I will challenge my sponsor.

(c). The sponsor might have little knowledge about the project.

Explanation:

(a). Challenging sponsors: as a project manager, i am to continuosly challenge my sponsor.

(b). Challenging the sponsor can lead to disagreement and face off but this will make the sponsor to understand that he has a role to play, and he should not ' mess up ' the project.

My second alternative is to report this to the executive steering committee for resolution. This will make the resolution to be resolved quickly although it might cause serious harm to the company.

(c). The supervisor might not have enough technical knowledge about the project

OR

He might be occupied with other activity and may not be devoted to sponsorship

OR

Some company may want sponsors who have no knowledge about the project.

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iVinArrow [24]

Answer:

$56,000

Explanation:

Given the above information, we will calculate first the total cash flow.

Total cash flow = Opening cash receivable + Sales - Ending cash receivables

= $196,000 + $880,000 - $226,000

= $850,000

Ending cash balance = Opening cash balance + Total cash flow - Cash disbursement

= $146,000 + $850,000 - $940,000

= $56,000

6 0
2 years ago
Patrick Rach International issued 5% bonds convertible into shares of the company's common stock. Rach applies U.S. GAAP. Upon i
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Answer:

The correct answer is letter "B": The proceeds of the bond issue entirely as debt.

Explanation:

Under the U.S. General Accepted Accounting Principles (<em>GAAP</em>) the issuance costs of bonds are ignored for reporting purposes but the amount of sales revenues is recorded as debt. The amortization of the bond can be calculated using the <em>effective interest method</em> or the <em>straight-line method</em>.

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2 years ago
Wilma leads a task force charged with restructuring the order-processing system in the organization. The task force is composed
OLga [1]

Answer:

B. task-oriented leadership style .

Explanation:

Task-oriented leadership style -

It refers to the type of leader, who only target on the goal or project .

This type of leader is referred to as the task - oriented leadership style .

As from the very term, the person is only inclined towards his or her task

There type of leaders assign the tasks very clearly and making sure all the works are done on time with proper efficiency and accuracy .

These leader are very consult about the deadline and hence define all the task to get over before the deadline .

There type of leaders are very well organised and clear about the task .

Hence, from the given scenario of the question,

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6 0
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bija089 [108]

Answer:

a. True

Explanation:

There are two commonly used organization structures by firms. The first one is known as the<em> Functional Organization Structure</em>. The other one is known as the <em>Divisionalized Organisation Structure</em>.

Functional Organization Structure - Activities of a similar type within the company are placed under the control of the appropriate department head. Examples of Functions are Production, Marketing and Finance.

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2 years ago
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sashaice [31]

Answer:

The answer is D

Explanation:

8 0
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