Construction Engineering 221 Company Organization.

Construction Engineering 221


Company Organization


RPQs

1. Delegation is the process of assigning specific responsibilities and authorities to individual employees commensurate with their training and experience.

A. True B. False

2. The extent of “horizontal division” within a company is dependant on the number of semiautonomous departments created to perform specialized functions.A. True B. False

3. The key factor in employee motivation is the human need for a feeling of recognition and self-esteem.A. True B. False


Let’s Play……….

So you want to be

a Construction

Engineer?


Rules of the Game (first round)

Answer as a team (choose one spokesperson)

Right answer = +5, Wrong answer = -10

A team can choose to “play” or “pass”

If a team passes they will receive 0 points


Rules of the Game (second round)

On a “pass”, the next team to answer will be chosen at random or possibly picked by the “passing team” – they are required to answer the question

“The Cards” will help us choose what team will get the question when it is “passed”

Ace = Team #1, Cards 2 to 10 represent Teams 2 through 10 respectively

Ace through 10 – points remain the same “Jack” – choose any team – points stay same “Queen” – choose any team – points double “King” – choose any team – points triple Initial question – answer required after 20 seconds “passed” question – answer required in 10 seconds


Question #1

1.All the following duties are normally a part of the Estimating Department within a General Contractor organization except one. Which one is it?

A. Obtaining bid documents B. Quantity takeoff C. Securing subcontractor/material quotations D. Project cost accounting E. Delivering competitive or negotiated

proposals


The Correct Answer to question # 1 is …..

D. Project Cost Accounting


Question #2

An employee’s authority may be delegated to others.

A. True B. False


The correct answer to question # 2 is …..

A. True


Question #3

Many of America’s largest structures have been built by joint ventures. The Hoover Dam was built by an association of _____ companies.

A. 5 B. 6 C. 7 D. 8 E. 10



B. 6


Question # 4

Company policy on drugs and alcohol is an especially important aspect of a personnel manual, as is a description of the company _______ policy.



Safety


Question #5

The concept of “vertical division” within a company refers to the establishment of lines of supervision.True or False



True


Question #6

Unlike a corporation, a joint venture is not a separate entity.True or False



False


Question # 7

Approximately 10 percent of the contractors account for about _____ percent of the annual dollar volume of construction.

a. 80b. 85c. 90d. 95



a. 80


Question # 8

There are 500,000 business firms in the United States that classify themselves as being construction contractors of one type or another. The classification that has the largest number of contractors is sole proprietorship, followed by partnerships and then corporations.

True or False



False


Question # 9

Which of the following construction business types can have unlimited shareholders?

a. S Corporationb. LLCc. Corporationd. Sole Proprietorship



b. LLCand c. Corporation


Question # 10

The LLC is formed by two or more members with an LLC agreement written in conformity with applicable federal statutes.

True or False


The correct answer to question # 10 is ….

False


Question # 11

What does acronym “ESOP” stand for?



Employee Stock Ownership Plan


Question # 12

Under the laws of most states, all the stock of a corporation can be owned by a single individual.

True or False



True


Question # 13

The limited partnership is used principally as a means of ________ ________.



raising capital


Question # 14

Which form of business has as one of its disadvantages the fact that on the death of one of the shareholders the organization automatically goes into a state of dissolution.



Partnership


Question # 15

What does “NAHB” stand for?



National Association of Home Builders


Question # 16

Which building code is used in the western half of the United States?



Uniform Building Code


Question # 17

What is the primary cause of seasonality in the construction industry?



Inclement weather


Question # 18

In the arena of small and disadvantaged business enterprises what does the acronym “MBE” stand for?



Minority Business Enterprises


Question # 19

What does the acronym “CMAA” stand for?



Construction Management Association of America


Question # 20

FNMA, GNMA and VA are all quasi-government agencies that help finance this type of construction. What type of construction is it?



residential


Question # 21

What gets wet as it’s drying?



a towel


Question # 22

Who will win the football game on Saturday,

ISU

or

Kansas?

Construction Engineering 221 Company Organization.

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