Under certain conditions where n is large enough, you can approximate the ____________________ distribution using the ____________________ distribution
Fill in the blank(s) with correct word
binomial; normal
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Which of the following statements about the probing method of obtaining commitment is FALSE?
A. The salesperson should begin by asking directly for a commitment. B. The method is especially effective with Japanese and Arab business prospects. C. This method attempts to bring all pertinent issues into the open. D. After successfully dealing with the prospect's concerns, the sales rep should seek commitment. E. The rep asks a series of questions designed to discover the reason for hesitation.
Which of the following statements about action plans is true?
A. Action plans should not be constrained by a time frame in order to allow for modification. B. Action plans should hold employees accountable for the implementation. C. Action plans should permit a degree of autonomy to managers and not be constrained by budgets. D. Action plans must be specific so that managers have a clear understanding of the resource requirements necessary to implement the plan.
Assume that you open a 100-share short position in Jiffy, Inc common stock at the bid-ask price of $32.00 - $32.50. When you close your position, the bid-ask prices are $32.50 - $33.00. If you pay a commission rate of 0
5%, what is your profit or loss on the short investment? A) $32.50 gain B) $16.25 loss C) $132.50 loss D) $100.00 gain
Many organizations must determine how to schedule employees to provide adequate service. If we assume that an organization faces the same situation each week, this is referred to as:
a. a static scheduling problem b. a dynamic scheduling problem c. a transportation scheduling problem d. all of these choices