Here are some reasons why filing bankruptcy will limit your quality of your lives :
- Bankruptcy will ruin your credit score
- I will potentially make you loss your property
- It will make it nearly impossible for you to get a mortgage
The statement that does not refer to the reason that aids in project crashing is
(D) there are no critical activities that can be crashed further.
Explanation:
Project crashing basically refers to the method by which the duration of the project is reduced .This can be done by
- Reducing the time taken by one or more critical activity
- By devoting more resources in order to complete the project as early as possible.
- The cost associated with the project is also increased
In Crashing,<u> the time is inversely related to the cost of the project</u>.It means that if the time of the project increase then the project cost is reduced and if the time o/duration of the project decrease then the cost involved in the project increases
The best way to encourage employees to think creatively is to be able to have a writing board that could be always or readily available for employees in which could be of used in sketching ideas. This will make them to open up and think of ideas that would be of help to the company, in the same time, it does not involve pressuring the employees, by this, it will help them to think more freely and express their ideas more creatively.
Answer:
PART A
The five questions are as follows
What is my risk tolerance?
How fast am I able to move?
What is my access to capital?
Who do I need to help me get there?
Do I have the capacity that I need to make this journey?
PART B
They where not carefully prepared
They lack the competence required to make a good mission statement
Lack of adequate knowledge about the Organisation
PART C
YES.
Explanation: Mission statement is a short and brief description of why an organisation exists and what are the goals of the Organisations, mission statement are also a statement of what the company wants to achieve.
A good mission statement should ensure that has considered the RISK TOLERANCE LEVEL OD THE ORGANISATION AS IT REGARDS TO INTERNAL AND EXTERNAL THREATS,THE PACE OF THE ORGANISATION, AVAILABILITY OF RESOURCES LIKE FUNDS,WHO ARE THE PEOPLE THAT THE ORGANISATION NEEDS TO ACHIEVE ITS MISSION AND THE AVAILABILITY OF COMPETENT MANPOWER AND THE NEEDED CAPACITY TO ACHIEVE THE MISSION.
Some of the issues that affects a mission statement is when people who are not competent or don't understand the concept of a mission statement or the Organisation are asked to prepare one,it will fail to put these five questions into consideration etc.