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NEW QUESTION: 1
Walter is the project manager of a large construction project. He'll be working with several vendors on the project. Vendors will be providing materials and labor for several parts of the project. Some of the works in the project are very dangerous so Walter has implemented safety requirements for all of the vendors and his own project team. Stakeholders for the project have added new requirements, which have caused new risks in the project. A vendor has identified a new risk that could affect the project if it comes into fruition.
Walter agrees with the vendor and has updated the risk register and created potential risk responses to mitigate the risk. What should Walter also update in this scenario considering the risk event?
A. Project scope statement
B. Project management plan
C. Project contractual relationship with the vendor
D. Project communications plan
Answer: B
NEW QUESTION: 2
You need to locate the record of a person named Ben Smith. You are uncertain whether
Hen Smith is in Dynamics CRM as a contact What can you use to locate the record?
A. a system view
B. Quick Find
C. a custom grid
D. a personal view
E. Advanced Find
Answer: D
NEW QUESTION: 3
The economic reasoning dictating that each nation specialize in the production of goods that it produces relatively more efficiently than other nations and import those goods that are produced relatively more efficiently by other nations is called the doctrine of:
A. Diminishing returns.
B. Comparative advantage.
C. Relative competition.
D. Efficient trade.
Answer: B
Explanation:
The doctrine of comparative advantage relates to comparative costs within one country. It holds that a country should produce those products in which it has a comparative advantage, not necessarily those products in which it has an absolute advantage. The doctrine suggests that a country should produce those products for which the greatest efficiencies are attainable even if it could also produce other goods more efficiently than another nation. In the long run, importing a product in which a country has an absolute advantage but not a comparative advantage will result in an overall increase in global production.
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