Category: Management

Question 15 (5 points)Which of the following was NOT part of Weber’s ideal bureaucracy?
Hierarchy of command
Advancement based on achievement
Specialization of labor
Merit pay

Question:Which is not a key variable in the project planning phase?
Instruction: Choose the option that best answers the question.
Execution
Budget
Delivery approach
Estimating

➤ Why is an option contract treated differently from a bilateral contract?
A bilateral contract contains immediate, mutual promises that create enforceable duties for both parties. An option gives the buyer a one-sided right to decide. The seller must keep the offer open, but the buyer can decline. That absence of mutual obligation prevents courts from forcing the buyer to perform before the option is exercised.

➤ Why include current state and future state in the vision statement?
Including current and future state in the vision highlights the gap your product must close. This gap informs the roadmap, identifies minimum viable product scope, and clarifies measurable outcomes and risks. Stakeholders gain context for trade-offs and timelines, which improves prioritization and helps teams set realistic milestones toward the intended product value.