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In legal circles, ownership of something is often called:
In legal circles, ownership of something is often called:A . TitheB . Tittle-tattleC . TitleD . TotalView AnswerAnswer: C Explanation: Title. In order to be sure you own something, you have to make sure you have acquired 'good title'.
Transfer of the rights and obligations of a contract onto a third party, is called:
Transfer of the rights and obligations of a contract onto a third party, is called:A . AssignmentB . AssociationC . AcceptanceD . AssignationView AnswerAnswer: A Explanation: Essentially the contract is now between two different parties because one party has assigned the contract to someone else. It's always a good idea...
In the written presentation of a business case, a brief explanation of everything in the case, including the ultimate recommendation, aimed at people (eg senior managers) who have little time to plough through the details.
In the written presentation of a business case, a brief explanation of everything in the case, including the ultimate recommendation, aimed at people (eg senior managers) who have little time to plough through the details.A . BackgroundB . Cost-benefit analysisC . IntroductionD . Executive summaryView AnswerAnswer: D Explanation: The Executive...
A ‘cause and effect’ or ‘fishbone’ diagram is also commonly known as:
A ‘cause and effect’ or ‘fishbone’ diagram is also commonly known as:A . A Murakami diagramB . A Fukushima diagramC . An Ishiguro diagramD . An Ishikawa diagramView AnswerAnswer: D Explanation: The answer is an Ishikawa Diagram. Can be used in addressing quality problems, problems of under-performance, etc. The other...
Win-win style negotiations are said to be:
Win-win style negotiations are said to be:A . CollaborativeB . CohesiveC . CoherentD . ConduciveView AnswerAnswer: A Explanation: Win-win negotiations require a collaborative approach.
Is this quantitative or qualitative data gathering?
Conducting individual and group-based (focus groups) in-depth interviews. Is this quantitative or qualitative data gathering?A . QualitativeB . QuantitativeView AnswerAnswer: A Explanation: The benefit of in-depth interviews is that one may unearth deeper thoughts, ideas or concerns than through a larger quantitative exercise. Qualitative exercises lend themselves to more freedom...
Which one of the following terms might be the most appropriate title for a plan underpinning this approach, to ensure value for money, and payment linked to actual progress?
Periodic progress reports may be required by a contract manager. Part of this could include reporting actual progress against planned progress. In many cases, achievement of planned stages would result in (part-) payment(s) being released to the contractor. Which one of the following terms might be the most appropriate title...
Tolerate, transfer, terminate or …?
Tolerate, transfer, terminate or …?A . TakeB . TryC . TestD . TreatView AnswerAnswer: D Explanation: This is about risk, and the answer is 'treat'. Risk management strategies can be classified into 'the 4 T's', which you need to know for your ex-am. Treating the risk is essentially seeking to...
Which one of the following could not be classed as a form of performance specification?
Which one of the following could not be classed as a form of performance specification?A . FunctionalB . Outcome-focusedC . Output-basedD . Input-drivenView AnswerAnswer: D Explanation: Since performance specifications are all to do with outputs, 'input-driven' leaps out as being the correct answer here.
Which one of the following is least likely to be a barrier to free trade?
Which one of the following is least likely to be a barrier to free trade?A . Exchange controlsB . Subsidies for exporters and internal producers of productsC . Trading blocsD . EmbargoesView AnswerAnswer: C Explanation: Trading blocs eg EU, EFTA, ASEAN aim to free up trade within the bloc; the...
