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Hi i need help on the following question: what kind of conflict is;
A . where functional specialisms cause differences in cognitive and emotinal orientations
B. a reward system based only departmental performance may encourage managers to
meet goals at the expenses of other departments.it is Horizontal or Vertical
Thank you.
Both seem horizontal too me. In neither case does seniority play a part: both are department v department.
Hi, i need help on the following questions:
Which of the following would you consider to be relevant to the social part of the
LongPEST model?1. effect of unemployment on demand
2. changes in safely legislation
3. changes in leisure pursuits
4. analysis of the population by age group
5. volatility of interest rates
6. religious affiliation and practicesWhich of the following is not a benefit of Globalisation
1. flexibility to move production to lower cost market
2. elimination of business risk due to to geographical diversification
3. potential access to profitable markets
4. economies of scaleThank you.
I would say 3, 4, 6 are social (1 and 5 = economic and 2 is legal).
For globalisation, the exception is 2. Business risk will be reduced but it will never be eliminated.
Many, many thanks Ken for helping me out on the questions.
I however have one more question on transaction cost. The question is as follows:
Which of the below statements are true of transaction costs?
1.The transaction cost theory allows distinctive competence to be identified
2.Transaction cost theory support organisation restructuring
3. IT increases transaction costs
4.Increase in trust increase transaction costsThank you
That’s really tough and very academic. I’m struggling! But my suggestions are:
4 Must reduce costs (eg verification of competence, credit ratings etc)
3 I would have thought IT reduces costs.
2 Organisations should restructure to become efficient so transaction costs would help them move in the right direction
1 I think this is right. A distinctive competence should make a supplier more efficient and better.
So, I would go for 1 and 2……….but who knows?
Yes its really tough and very academic. I struggled too to find the right answers
and the text book for bpp explains only very little on transaction costs.I will go 1 & 2. Thank you so much for your input.
Hi. Please help me on what is tolerances in project PRINCE2 methodology.
Thank you.
A plus/minus limit is placed around an amount such as cost or time. This is the tolerance.
As long as the project or activity remains within tolerance no action has to be taken. As soon as the project manager forecasts that a tolerance will be exceeded, this triggers an exception report for presentation to the project management team.
Thank you very much for making it clear for me. I however have one question and that
is would you happen to have any exam related question on the project tolerances as i
got one in my last E2 sitting but forgot what it was asking.Kind regards
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