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Indicate whether the statement is true or false


TRUE

Business

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As inventory draws down, management must know at what stock level to place a new order. This

stock level is called the order point. Indicate whether the statement is true or false

Business

Establishing the need for marketing research:

A) arises when managers must make decisions and they have inadequate information B) is determined by a quantitative analysis of the appropriateness of marketing research should be undertaken for every decision made in the firm C) stems from the need to establish a monitoring system that alerts mid management to either opportunities in the marketplace or problems D) should not come from a monitoring system but rather from management intuition E) should be determined only after the problem is clearly defined

Business

______ exists when different groups of people have different scores designated as “passing” grades on a test for employment.

A. Race norming B. Reasonable accommodation C. Undue hardship D. Job relatedness

Business

______ is information provided by the receiver that verifies that a message was transmitted successfully.

A. Communication B. Paraphrasing C. Active listening D. Feedback

Business