1. Which of the following statements is true of contingency planning?

a. It solely considers factors of the internal business environment.

b. It involves planning for a five-year time frame.

c. It focuses solely on the issues that are most probable, most potentially harmful, or both.

d. It applies tactical plans to daily, weekly, and monthly operations.

2. In 2011 and 2012, many economists were concerned about a jobless recovery because:

a. there was a broken link between pay and performance.

b. many employees were leaving jobs to start their own companies.

c. labor markets were faltering.

d. there was a decrease in the motivation level of employees.

3. According to Maslow's hierarchy of needs theory, healthcare plans and life insurance serve to satisfy the esteem needs of employees.

True

False

4. Theory Y managers assume that fear is a motivating factor for workers.

True

False

5. A student has been put in charge of a new garden design. The new design will involve five different activities. Per project management guideline, activities “a” and “b” start on day 0. Draw the network diagram. Calculate ES/EF/LS/LF and Slack for all activities.

Activity Immediate Predecessors Duration (days)

a                      -                       5

b                      -                       3

c                      a                      2

d                      b                      3

e                      c,d                   7