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NEW QUESTION: 1
Which of the following statement(s) about Halal Credit Cards is/are correct?
A. Only (ii)
B. Only (i)
C. Neither (i) nor (ii)
D. Both (i) and (ii)
Answer: D
NEW QUESTION: 2
You are a new Project Manager that has been entrusted with a software development project that is in progress. A sub-contracting company has been awarded a cost reimbursable contract to do the development work on this project, and the project has been completed. While trying to close this procurement, you discover that still there are some unresolved claims. However, the sub contract company does not accept that these claims are unresolved. Which of the following is the best method for reaching the final equitable settlement?
A. Direct negotiation
B. Alternative dispute resolution
C. Litigation
D. Mediation
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Answer option C is correct.
Wherever possible, direct negotiation is the best method to achieve the final equitable settlement for all outstanding issues, claims and disputes.
Answer options D, B, and A are incorrect. One can try the alternative dispute resolution or mediation methods after direct negotiation fails. And even if that fails, litigation becomes inevitable but is least desirable.
Reference: A Guide to the Project Management Body of Knowledge from the Project Management Institute Chapter: Procurement and Project Integration Objective: Contract Types and Contract Negotiations
NEW QUESTION: 3
All of the following will result from increased international mobility of factors of production except which one?
A. A rise in world income and output.
B. Decreased international specialization in production.
C. Decreased international factor price differentials.
D. Increased financial flows on countries balance of payments capital accounts.
Answer: B
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