Every six months, Doug is asked to fill out a survey which asks when he expects to buy a new vehicle and what type and model he plans to purchase

Doug, along with a group of consumers with similar buying habits, has been participating in this survey for the last eight years. The gathering of this quantitative data is an example of descriptive research using ________.
A) a hierarchical format
B) a cross-sectional design
C) latitudinal tracking
D) a longitudinal design
E) ethnography


D

Business

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The framework for carrying out all of an organization's functions is:

A) the competitive priority. B) the corporate strategy. C) the market analysis. D) the organizational design.

Business

A foreign company partially owned by the foreign government, manufactures televisions in the foreign country. The cost to the company for the manufacture of the product in the U.S. is the equivalent of $100. Because of excess production, the firm exports 5,000 sets to the United States where they are sold for $120 each. If the nearest rival U.S.-made set sells for $150, the action of the company:

A) constitutes price-fixing. B) violates the WTO anti-dumping provisions. C) violates the Sherman Act, because of the involvement of the foreign government in the company. D) appears to be legal.

Business

The NLRA obligates private section parties to give prior notification to the Federal Mediation and Conciliation Service of pending contract negotiations.

Answer the following statement true (T) or false (F)

Business

Which of the following is a benefit of standardizing business processes?

A) It produces varying results. B) It enables the business to enforce policies. C) It provides non-scalable solutions. D) It allows businesses to take further risks.

Business