Bloomingdale's wants to learn about its consumers' attitudes toward online purchases. There are numerous studies that are available about consumers and online buying, but Bloomingdale's believes its customers might be different from the usual online consumer profile, so they decide to conduct their own study. If Bloomingdale's were to use the available data about consumer attitudes, it would be using ___ data; however, if Bloomingdale's does its own study it would collect ______ data.
A. descriptive; primary
B. experimental; descriptive
C. secondary; primary
D. primary; secondary
E. secondary; descriptive
Answer: C
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Porter identified three generic strategies that a business could follow after identifying a market it wanted to enter. Which of the following is not included as one of Porter's three generic strategies?
A. Focused strategy B. Supplier cost differentiation C. Broad differentiation D. Broad cost leadership
A general journal gives a complete record of each transaction in one place, and shows the debits and credits for each transaction.
Answer the following statement true (T) or false (F)
Which of the following is NOT a priority-determination question?
a. Do I need to be personally involved because of my unique knowledge or skills? b. Is the task my responsibility, or will it affect the performance or finances of my department? c. When is the deadline--is quick action needed? d. Can the task be delegated?
Answer the following statements true (T) or false (F)
1. Stress costs organizations millions of dollars each year. 2. Challenge stress is also known as good stress. 3. Preventive stress management is a set of methods that promote health at the workplace and avoid distress. 4. Another term for the Pygmalion effect is self-fulfilling prophecy. 5. Self-managed work teams are not as effective as teams with a clear leader.