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A _______ is a temporary endeavor designed to produce a unique product, service and has defined beginning and end and undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.Question 10Answera.Businessb.Managementc.Projectd.Organisation

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A _______ is a temporary endeavor designed to produce a unique product, service and has defined beginning and end and undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.Question 10Answera.Businessb.Managementc.Projectd.Organisation

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Solution

The correct answer is c. Project. A project is a temporary endeavor designed to produce a unique product or service and has a defined beginning and end. It is undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.

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A project is: Select one: a. A group of related projects managed in a coordinated way to obtain the benefits and control not available from managing them individually. A group of related projects managed in a coordinated way to obtain the benefits and control not available from managing them individually. b. An organizational function performing the ongoing execution of activities that produce the same product or provide a repetitive service. c. A seemingly insurmountable challenge that when approached in a systematic way makes it appear doable, if only temporarily d. A temporary endeavor undertaken to create a unique product, service or result.

The addresses the activities that create, deliver, and support an organisation's product or service.

Organisational success in providing a service or a product depends on A. doing product development faster than anyone else. B. being the cheapest in the market. C. having the first product or service in the market place. D. the product or service being valued by a segment of society.

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