Which of the following statements about a tight labor market is true?
A. There is downward pressure on wages in such a market.
B. There is reducing pressure for wage increases for sewing machine operators.
C. The demand by employers exceeds the available supply of workers.
D. The labor markets for word processors and telemarketers have been fairly tight.
Answer: C
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Why must researchers avoid generalizing from focus group participants to the whole market?
A) Participants' responses are not reliable. B) Most of the participants are likely to be ignorant about the topic of discussion. C) The size of the group is too small and the sample is not drawn randomly. D) Most of the participants are likely to exhibit similar tastes and preferences. E) The participants usually come from diverse backgrounds.
A firm's bank reconciliation statement shows a book balance of $15,820, an NSF check of $400, and a service charge of $20. Its adjusted book balance is
A. $15,440. B. $16,200. C. $15,400. D. $16,240.
The manager of Center C is only responsible for generating and processing online orders of a large retailer. What type of responsibility center is Center C?
A) Discretionary cost center B) Profit center C) Revenue center D) Investment center
A(n) ______ question is one originally asked by a group member to the leader who then directs it back to the person who asked it.
A. relay B. overhead C. direct D. reverse