Author Question: What risks does a construction company assume by taking on an extremely large project, e.g., one ... (Read 13 times)

dejastew · **on:** Jul 26, 2018

What risks does a construction company assume by taking on an extremely large project, e.g., one that requires use of 60 percent of its resources?

What will be an ideal response?

Question 2

What is Maslow's hierarchy of human needs, and how can they be used to develop employee motivation strategies?

What will be an ideal response?

xthemafja · **Reply #1 on:** Jul 26, 2018

Answer to Question 1

The major risks are the need to finance significant cash flow requirements, overextension of managerial expertise or resources, and adverse financial impact in case the project is unprofitable.

Answer to Question 2

Maslow's hierarchy of human needs are physiological needs, safety or security needs, social needs, esteem or self-respect, and personal growth. By understanding the relationship among the higher-order needs, a company leader can select strategies for motivating individuals to become loyal employees and high performers.