A team has just gathered information and requirements for a new project that will be completed by an external company. If the project manager is just starting the procurement process, which one of the following should be done LAST?
A. Seek expert judgement from a variety of resources including industry groups, consultants, and other divisions of her organization.
B. A make-or-bay analysis
C. Finalize the terms and conditions of the contract
D. Contract type selection including fixed-price, unit price, and cost-reimbursable contracts
Ans: C. Finalize the terms and conditions of the contract
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Which of the following is not a true statement about whistleblowing?
A. A whistleblower should pick his or her battles and blow the whistle only on issues that are serious. B. A whistleblower should verify the facts behind the suspected misconduct before blowing the whistle. C. The last step before quitting the company is for the whistleblower to report the misconduct outside of the company, for example to the press or government regulators. D. The potential whistleblower should avoid the chain of command if the ethical misconduct relates to a violation of company policy.
Which of the following best defines a shareholder resolution?
A) a document submitted by insurgent shareholders formally announcing forfeiture of shares B) an issue submitted by the board of directors requiring the reorganization of shares held by shareholders C) an issue submitted by a shareholder for a vote of other shareholders D) a document that authorizes another person to vote the shareholder's shares