Academicmaterials

The significance level of a statistical inference measures - CORRECT ANSWER-The proportion of times a conclusion about a population will be wrong in the long run The confidence level of a statistical inference measures - CORRECT ANSWER-The proportion of times an estimation procedure will be correct in the long run A marketing research firm selects a random sample of adults and asks them a list of questions regarding their beverage preferences. What type of data collection is involved here?...

What is a market? - CORRECT ANSWER-The aggregate of all people or organizations who have a need for, or want, a product or class of products and have the money to pay for them. It is sometimes used to mean a place, real or virtual, where buyers and sellers meet to buy or sell goods What is the classical marketing concept? - CORRECT ANSWER-A philosophy which guides the attitude of everyone in a firm to stimulate and satisfy the needs and wants of every customer What is a competitive market...

The case study method is most useful in social science, in which only a - CORRECT ANSWER-small number of units have undergone the phenomenon of interest Discussion - CORRECT ANSWER-This is the summary, with interpretation of your results and how they may support or contradict other studies A case study should advance knowledge in the filed. A well chosen case will: - CORRECT ANSWER-challenge common assumptions, provide new ways of understanding a research problem, and lead to resolution of...

Which of the following is NOT a characteristic of well-constructed goals? - CORRECT ANSWER-They are the result of a group decision process The primary goal of a SWOT analysis is to - CORRECT ANSWER-create, affirm, or fine-tune a company-specific business model Systematic errors in the decision-making process are caused by - CORRECT ANSWER-cognitive biases on the part of decision makers Which of the following is NOT a characteristic of emotional intelligence? - CORRECT ANSWER-Self-esteem ...

Internal perspective: - CORRECT ANSWER-suggests that employees' behavior is primarily influenced by their personal assumptions, feelings, thoughts, interactions, experiences, and perceptions. A manager embracing the internal perspective would try to solve all issues by having an honest dialogue with all the impacted employees in any situation. The external perspective - CORRECT ANSWER-suggests that environmental factors that include the economic, social, cultural, regulatory, political,...

In business, organizations utilize information primarily in problem-solving or in decisionmaking processes - CORRECT ANSWER-Problem-solving and decision-making require information. Gathering the correct information efficiently, storing it in such a way that it is accessible, and utilizing it to help an organization achieve its business goals are the keys to success in any business environment. Data - CORRECT ANSWER-the raw material necessary for the creation of information Raw data is rarel...

Human Resource Management - CORRECT ANSWER-developing and implementing systems to manage human talent within an organization. Regardless of the size of an organization, employees have to be recruited, engaged, retained, developed and trained, paid, and provided with benefits. All of which must be done in compliance with laws and regulations at local, state, and national levels. organizations of all sizes have human resource departments and/or personnel to meet ever changing employee and em...

Identify the type of writing error in the following sentence: the reduction in hostilities by the rebel forces it resulted in the ratification of a peace treaty by the government - CORRECT ANSWER-Zombie nouns. Turning active verbs into awkward additives makes ideas more abstract. Identify the type of writing error in the following sentence: a rising awareness of the dichotomous Nature of the current political paradigm shift manifest itself in a societal entropy that resists efforts to prom...

Sony makes and sells a huge variety of electronic goods all around the world and much of the manufacturing occurs in Japan and China as well as the Americas and Europe. Manufacturing costs vary but the increased responsiveness of having supply near a major source of demand is a savvy business decision. Sony's dispersed production and customer base create numerous logistical challenges, and Sony manages these challenges through third-party logistics. American Express is a financial servi...

What is the best view of the concept of globalization? - CORRECT ANSWER-All of the above What are the three "legs" of the strategy tripod that ensure a strategy impacts performance? - CORRECT ANSWER-Industry-based competition, firm-specific resources and capabilities, and institutional conditions and transitions In developing a strategy regarding competition or cooperation, it would be useful to not - CORRECT ANSWER-"Look back, reason ahead" "The extent to which a given com...