Midterm Exam

Please answer the following questions to the best of your ability, and remember to read your articles!

1) You are now a manager of a small development firm that specializes in manufacturing unique, one-of-a-kind musical instruments for musicians. What do you know about your products and projects that will help guide your development work?

2) You are manager of a process development department. Your immediate supervisor, the VP of New Stuff has just informed you that the company is in financial trouble. You are instructed to reduce your costs by 40% over the next two months. Explain how you will accomplish this task with respect to personnel and projects only. (Include a list of your assumptions)

3) Membership in your favorite local volunteer organization has been dwindling, to the degree that you are concerned with the finances of the group. You really want to get more new members involved and supporting your cause. What do you need to focus on, and how would you go about doing something about it?

4) You have been asked to create a new rustic resort on a lakeshore in Minnesota. You will need to put up four cabins and a main lodge on the site. Develop a complete plan for your effort, assuming you already own the property and all required building materials.

Attachment:- sample_solution_0.docx