In the table above, if the exchange rate is equal to $1.00 per pound, then there is a ______, and the exchange rate will______.
a. surplus of pounds, decrease
b. surplus of pounds, increase
c. shortage of pounds, decrease
d. shortage of pounds, increase
d. shortage of pounds, increase
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Non-medical tests used for making employment selection decisions must be scored in some way. Name and discuss the various legal and illegal methods that employers utilize
Meridian works for a military contractor that designs high-speed computer systems for military bases. Each contract with the military must be bid on by the contractors. The bid price is normally based on the cost to fill the contract plus profit. Meridian works with the producers and wholesalers of computer parts as well as the component-part suppliers, shipping companies, communication companies, and others in the supply chain. Her goal is to have parts supplied when needed, where needed, as needed, and then have completed units shipped immediately to the designated delivery point. If she can reduce the overhead of storing parts and completed units, the company will be able to submit lower bids, win more bids, and increase profits by increasing the number of contracts completed. Which of
the following best states Meridian's ultimate goal for improving the supply-chain process? A. Create competitive advantage B. Reduce inefficiencies C. Reduce costs D. Reduce redundancies
Which of the following is true of work?
A. It is effort directed toward accomplishing results. B. It is the output achieved through various activities. C. It is a group of tasks assigned to an employee. D. It is the output that comes from organizational design.
In order to determine whether or not the number of automobiles sold per day (y) is related to price (x1 in $1000) and the number of advertising spots (x2), data were gathered for 7 days. Part of the regression results is shown below.
Coefficients Standard Error Constant0.8051 x10.4977 0.4617 x20.4733 0.0387 ANOVA df SS MS FRegression 40.700 Error 1.016 ? a.Determine the least squares regression function relating y to x1 and x2.b.If the company charges $20,000 for each car and uses 10 advertising spots, how many cars would you expect them to sell in a day?c.At ? = .05, test to determine if the fitted equation developed in Part a represents a significant relationship between the independent variables and the dependent variable.d.Using ? = .05, test to see if price is a significant variable.e.At the 5% level, test to see if the number of advertising spots is a significant variable.f.Determine the multiple coefficient of determination. What will be an ideal response?