25 Which of the following statements is true regarding contracts?They are the filters through which project members screen information that isshared.They do not lend themselves to create an environment of trust.The success of larger, more complex projects is more dependent on contractsthan on relationships of trust.Without contracts, projects that are highly dependent on an information-richenvironment will suffer.Contracts promote the growth of a trusting project culture.

A Small Introduction about Contracts An agreement is a sort of understanding where there is a…

Answered: Which of the following statements is…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Before you assigned this project, you went over the topic of plagiarism with all your students. You clearly discussed what plagiarism is, what constitutes plagiarism, and how to cite sources properly to avoid plagiarism. You told your students that you consider it a form of cheating, and that it would not be tolerated by you. You also informed all your students that anyone who did plagiarize would automatically receive a zero for the project. It soon becomes evident to you that a number of projects have been plagiarized from sources on the internet. After reviewing all projects from your classes, you know that almost 30 out of 150 students engaged in plagiarism. As the teacher of these students: a) what course of action will you choose to take with the students who plagiarized and why? b) what ethics theory (theories) did you use to help make your decision?
apply the scenario to an Entertainment Management contract found within the public domain (e.g. on the internet), the contract must be referenced. Scenario 1: Hot Steppa is a 13 year old up and coming dancehall artiste who has been making major waves on the local dancehall scene. Hot Steppa has been making the rounds on the local entertainment tv show circuit and has been getting steady airplays on radio. However, Hot Steppa has been largely overlooked by major promoters for stage show booking and other more lucrative events. Hot Steppa has approached YOU an established Entertainment Management professional in an effort to break into the stage show segment. question Outline of what you are proposing to do for the client
Suppose you work in a police station or a law firm and signed a confidentiality agreement regarding all their cases at hand, suddenly your friend who was a suspect to a crime asked you for some documents that are in your office's possession that may help him in his case. How would you deal with the situation? Briefly write your reaction to this seenario.
Analyze the case presented below and answer the questions. John has recently joined an organization after being jobless for almost a year and suffering from severe financial crisis. This organization won the contract for the design of the brakes for the NAVY A-7 Air Craft with an innovative four rotor brake design. John was responsible for testing the brake design. Testing, however showed that this design has not met the specifications mentioned in the contract. John informed his supervisor but he was reluctant to put more effort because the deadline is already over and company promised to get him promoted after successfully launching the design. So, the supervisor pretended that the design is in accordance with the Government standards and launched the design without considering dangers attached to it. He is torn between his social obligation and his loyalty to his supervisor. Also, he fears of losing a job, which he desperately needs to support his family. a) Should he ignore the…
1. What are the risks to confidentiality that originate from development of technologies? Provide at least five risks and explain briefly each of them.
In a post-settlement settlement, one of the Big 5 information gathering strategies, parties attempt to a) Raise their level of risk b) Improve on the initial settlement c) Raise their expectations d) Extract consessions from the other party
Increasing the project's scope or adding unnecessary features are both undesirable outcomes. Explain the differences between the two ideas to further engage your readers with your argument. Please elaborate on your reasoning for assuming that the root of these two issues is the same. What type of disaster may be caused if these two things happened at the same time while we were working on this project?
Considering that you are working as a member of a construction project team of a big mall in Muscat. Your company is responsible for the site construction process of the mall. As the owner [client] of this construction project is out of the country most of the time, the client specified the requirements to the contractor, and the client would like to give the total responsibility to the contractor without any involvement in the design, manufacturing, and construction of the project. The contract strategy describes that the contractor is responsible for all of the work required. Therefore, the contractor should design, procure all parts and materials, assemble, and construct the project and handover the project to the client for operation afterward.Before the start of the work, an agreement shall be made between the client and the contractor mentioning the total cost of the project, duration and special conditions. The contractor must strictly follow mutually agreed standard form of…
In negotiation, having your first offer immediately accepted by the counterparty is likely to lead to feelings of what might have gone differently. Having your first offer immediately accepted can also lead to: O improved preparation O changing your BATNA the overconfidence effect O hindsight bias
In the following memo, product manager Alexandra Amato reports to CEO Mason Razipour the high points of a workshop he askedher to attend. Alexandra’s jumbled memo offers solid information but is poorly written.Your Task. Analyze the message and list at least five weaknesses. Revise if directed.Date: July 10, 2016To: Mason Razipour, CEOFrom: Alexandra Amato, Product ManagerSubject: Cloud ComputingSome time ago you signed me up to attend The Promise of Cloud Computing workshop. I did attend it on July 8. Herewith is a shortreport, as you requested. If you prefer, I could give a presentation about what I learned at the next management council meeting.Is that meeting coming up in August?Okay, here’s my report. I know you asked that it be brief, so will do! Lisa Moritz, the workshop leader told the group that the bigproblem today is that in this anytime/anywhere workplace employees are working with tons of devices from various locations. Withemployees scattered around, software and file…
Consider the scenario, and then answer the corresponding question. You are working on a market research project with two coworkers, Jason and Leticia. Your boss, Shruti, sends an email to the team requesting an update on the team's progress. The team brainstorms and coordinates how to prepare the requested status report. Then, Leticia drafts the report and sends it to you via email. You make several revisions and send the draft to Jason to edit and proofread. He then sends the report to Shruti, who reads it and is quite pleased with your progress. Shruti sends your team a congratulatory message for staying under budget and on schedule. Well done! When Shruti responds to your team with a congratulatory message, in which direction is the flow of communication? Downward O Lateral O Upward
You are the Director of Contracts at the Ministry of Energy. The contract for South Coast Drilling for oil and other minerals will be advertised in 3 months. Drilling will be during the Christmas season. One of the Oil and Gas Companies on the island, sent a hamper of expensive goodies personally addressed to you at the office. Supported by the reading and the theories, what two actions might you want to take and why?

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