Chapter 02 Case Scenario Animation Quiz

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Production employees are paid to do their jobs and are the ones who should come up with and implement new ideas. How possible is this in Jennifer's company?

Possible with odds

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Which of the following does not come under the category of what Jennifer should require her managers to submit as proposals?

A report on all past successful projects worked on and their respective ROIs.

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. A new employee is always able to see pitfalls, and flaws in a project better than those who are long time ones. Is this statement true or false?

False

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Projects that are slow in progress, high on risk, but big on returns should be pursued regardless of time, risk, or money. Is this statement true or false?

False

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Which of the following is necessary for a company to be successful?

Forward thinking management with good business acumen

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Given the situation, which of the following methods should Tyler employ to maximize production?

Implement a new production plan

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Which of the following is a great option for Julie to set her project on track for success?

Invest more money on equipment, people, and research

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Which of the following could be an option that Jennifer could take?

Invest the money and increase the company's net worth in time

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Which of these statements do you agree with?

Jennifer should put all of the money into the most promising project.

Watch this animated case scenario and answer the questions that follow to determine how you think the presented situation should be handled. Which of the following kind of additional data should Jennifer collect?

a. Quantitative and qualitative information for the project b. A set of criteria against which the project will be evaluated c. A list of assumptions that will be used as the basis for the project d. All of the above (this one)