According to David Parker and Alison Mobey's study of project managers: there was a low understanding of the tools and benefits of a structured analysis of project risks. work is oriented toward continuous improvement of existing processes over longer periods of time. most managers focused on the work processes of the operation in order to manage risk. most managers are risk averse and prefer to be optimistic and not consider risks or to avoid taking risks whenever possible. managers are long-term focused and process oriented

1. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in ease of 2. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in external liability for business 3. a partnership is an association of two or more persons to carry on as co-owners a business for 4. any one partner may be held liable for the entire indebtedness of the 5. a limited partner is liable for the partnership debt only to the extent of her capital 6. a person may be a partner even though he has no authority to conduct the ordinary activities of the 7. a partner may withdraw his capital contribution without the consent of all the 8. when a partner sells his interest in the partnership, the buyer becomes a new 9.every partner owes a duty of good faith, fairness, and loyalty to the other 10. a partner who fails to use ordinary care and skill in discharging assigned duties will be personally liable to the partners for any resulting loss.