What type of data are you getting from the following survey item? How often do you perform this task?
___ Daily
___ Weekly
___ Monthly
___ A few times a year
___ Once a year
a. nominal
b. ordinal
c. interval
d. ratio
b. ordinal
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According to the text, what is the primary value of scenario planning efforts?
A. Prediction of future events and their impact. B. The ability to control external forces that impact the firm. C. The ability to eliminate uncertainty. D. The strategic plans that are created. E. Transformation in strategic thinking.
If cash flows are uneven, the payback period assumes that the inflows during the last fraction of a year occur evenly
Indicate whether the statement is true or false
When delivering bad news, you should first determine if the negative information is newsworthy
Indicate whether the statement is true or false
A court will not pierce the corporate veil of a corporation that is merely set up never to make a profit
Indicate whether the statement is true or false