3. Howard plc has calculated that a project in which it is investing $500,000 will generate either $150,000 in the best case scenario (likelihood 0.75) or $25,000 in the worst case scenario (likelihood 0.25)

What is the projects expected return for risk evaluation purposes ?

A. 35.00%

B. 23.75%

C. 17.50%

D. 11.25%

4. Davise Ltd is a young company which develops apps for a huge variety of clients. The work performed by Davise Ltd is complicated and its external environment is both complex and dynamic. A large number of its employees are directly involved inbuilding the apps. Activities are largely co-ordinated by informal communication and self-government. Davise Ltd has few managers and most employees report to more than one manager as they work on multiple apps for multiple clients.

Which of the following types of organizational structure does Davise Ltd have ?

A. Professional burreaucracy

B. Simple

C. Adhocracy

D. Machine bureaucracy