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A manager who says "I'll pay for it, but I want it as soon as possible" is considered to be:

A. authoritarian         B. risk accepting         C. risk averse         D. in need of a solution       E. intolerant of basic project management principles

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Question added by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.
Date Posted: 2015/04/29
Deleted user
by Deleted user

E. would be the correct answer.

There will be additional cost premium for the urgent, I want it now at what ever cost.

 

A. Authoritarian can be too dominant and not as cost effective as they want their own way at what ever cost, so leading to almost correct, but NO, not my selection.

B. The manager is definitely risk accepting, as prepared to pay more, and the risk in finding a quick solution, it may not be the right quality, or supplier lack financial stability to offer warranty and long term continuing service.

C:Risk aversion is the reluctance of a person to accept a bargain with an uncertain payoff rather than another bargain with a more certain, but possibly lower, expected payoff.  There will be no bargain offering for an urgent solution. Therefore option C is incorrect. 

D. can never be right, as in business there is always solutions, only need to brainstorm and test all avenues.

Nancy Refai
by Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

Definitely not a strategic manager and in need for a solution. Nothing comes easy in life

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

D. in need of a solution  ^^^^^^^^^^^^^^^

Dunya Zaib FCMA
by Dunya Zaib FCMA , General Manager Strategy , National Aquaculture Group

D. In need of a solution. The manager wants to get his work done as soon as possible

Khalid Noor
by Khalid Noor , Accounting Manager , FedEx

D: In need of solution. At least not Authoritarian because in that case the person directs only.                                   

Abdur Rahman Ansar
by Abdur Rahman Ansar , EXECUTIVE ACCOUNTS , FALCON PACK IND LLC

My option is....D ````````````````````````

Saidul Alam
by Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

Correct answer is -   D. in need of a solution 

 

   

PURUSHOTHAM Chandra
by PURUSHOTHAM Chandra , Senior Financial Analyst , Dell EMC

My answer is B) risk accepting 

waeil osman EL sharif
by waeil osman EL sharif , Business Coach & Relationship Manager -Corporate Banking , Sudanese Egyptian Bank

is considered to be No : B.

B. risk accepting

 

 

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

B. risk accepting

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Waqayan Al Waqayan
by Waqayan Al Waqayan , Secretary of Sharia Supervisory Board (SSB) , Ahli United Bank (AUB)

in my opinion  (D. in need of a solution ) is the answer.

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