A woodworker is concerned about the quality of the finished appearance of her work. In sampling units of a split-willow hand-woven basket, she has found the following number of finish defects in ten units sampled: 4, 0, 3, 1, 2, 0, 1, 2, 0, 2
a. Calculate the average number of defects per basket.
b. If 3-sigma control limits are used, calculate the lower control limit and upper control limit.
(a) 1.5; (b) LCL = 0, and UCL = 5.2.
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______ occurs when both parties negotiate a win–win solution.
A. Accommodation bargaining B. Competitive bargaining C. Integrative bargaining D. Distributive bargaining
Describe the purposes served by a business plan
What will be an ideal response?
Business professionals use persuasion regularly. Persuasion involves influencing others to accept your point of view, not tricking others into taking favorable action. Persuasion presents an honest and organized view of information intended to move a person to action. In business, persuasion is used to get others to accept your products, services, or ideas.? Read this scenario about persuading
someone to purchase your car, and then complete the sentence. ? ?You own a car that you would like to sell quickly. An employee of a nonprofit organization recently contacted you about purchasing the vehicle. You know that the mission of the nonprofit organization is to encourage lower energy consumption. When you try to sell your car, you might want to emphasize the _________. ?A. safety measures B. advanced breaking system C. hybrid fuel efficiency Fill in the blank(s) with correct word
A dividend reinvestment plan (DRIP)
A) is offered by most stockbrokerage firms, rather than individual companies. B) is constructed to acquire a fixed number of shares when dividends are paid. C) accomplishes the same objective as dollar cost averaging; i.e., investing a relatively fixed amount of funds at regular intervals. D) offers investors the choice of receiving a dividend or having the company buy back some of their shares at a set price.