General Motors has separate divisions for Chevrolet, GMC, and Cadillac vehicles. This is an example of departmentalization by:

A) ?function.
B) ?location.
C) ?customer.
D) ?product.
E) ?model.

D

Business

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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

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A person moved into an abandoned farm house, modernized it, began to raise crops, notifies the true owner of her recent possession and refused to leave the property. She paid the property tax and stayed there seven years. Is there any chance that this person could claim legal title to the farm by adverse possession?

A. Yes, because her use was continuous, open, hostile and exclusive. B. Yes, because she modernized the house. C. No, because farm land cannot be acquired through adverse possession. D. No, because a notified owner may never lose title to property though adverse possession.

Business