100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
CFM 445 Midterm Questions and Answers 100% Pass $9.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. CFM - Certified Floodplain Manager
  4.  
  5. CFM - Certified Floodplain Manager

Exam (elaborations)

CFM 445 Midterm Questions and Answers 100% Pass
 1 purchase
  • Course
  • CFM - Certified Floodplain Manager
  • Institution
  • CFM - Certified Floodplain Manager

CFM 445 Midterm Questions and Answers 100% Pass Most companies fail when they have to face ____ or more risks at the same time 2 _____ is the most common element among contractors who fail significant increase in the size of projects undertaken Events leading to contractor failure usually take pl...

[Show more]

Preview 3 out of 16  pages

Document information

  • June 10, 2023
  • 16
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

  • cfm 445 midterm questions and answers 100 pass
  • most companies fail when they have to face or

Written for

  • CFM - Certified Floodplain Manager
  • CFM - Certified Floodplain Manager

Seller

avatar-seller
BrilliantScores

Reviews received

Content preview

CFM 445 Midterm Questions and Answers 100% Pass Most companies fail when they have to face ____ or more risks at the same time ✔✔2 _____ is the most common element among contractors who fail ✔✔significant increase in the size of projects undertaken Events leading to contractor failure usually take place in _______ ✔✔during profitable years prior to failure T/F Past success is a good indication of future success ✔✔False T/F A board of directors should be made up of internal and external members ✔✔True T/F Rapid growth is key to profitability as long as it is controlled ✔✔False Name 3 things a company must do in order to be successful (3 functions of a construction company) ✔✔1. Get the work 2. Perform the work 3. Account for the work When is the b est time to acquire credit? ✔✔When you are doing well. Credit is harder to get when you really need it. T/F a company should downsize when the market is slowing ✔✔True What should employee bonuses be tied to ✔✔Profits T/F The risks of taking on much lar ger projects than before are, in some cases, outweighed ✔✔False Is it better to take on one large project or many small projects? ✔✔Many small projects T/F Part of taking on new projects is evaluating owners payment history ✔✔True T/F A company that beg ins work in new areas should have a plan to withdraw ✔✔True T/F A contractor should know their specialty and stick to it in most cases ✔✔True Who is considered "key personnel" in smaller companies ✔✔Owner Should growth be volume or market driven? ✔✔Market (and profit) T/F Historical prices can be extrapolated for larger projects ✔✔False T/F Distance creates cost ✔✔True T/F Ability in one type of construction doesn't imply ability in another ✔✔True Union shop to open shop ✔✔Lack of skilled labor Open shop to union shop ✔✔Choke on restrictive work rules

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BrilliantScores. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67479 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$9.99  1x  sold
  • (0)
Add to cart
Added