A supermarket has developed an analog model to aid in its site-selection process. The model contains variables such as _____
a. traffic counts, visibility, and manager ability
b. trading-area population and expected market share
c. disposable income, retail sales, and population
d. competition, store size, and total retail sales
b
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Stahl Inc has 1,000 A-level accounts, each requiring 30 calls per year, and 3,000 B-level accounts, each requiring 10 calls per year
If each salesperson at Stahl Inc can make 1,500 sales calls per year, how many salespeople would be needed to meet the total workload? A) 25 B) 35 C) 40 D) 45 E) 60
Basic management functions do not include:
a. Investing assets in productive ways that support the company's goals. b. Providing information to decision makers. c. Obtaining funds so that the company can continue operations. d. Establishing local business regulations and laws.
Which of the following is a reason for retaining executive search firms to recruit for senior-level positions?
A. There are plenty of local resources with a client company to recruit executive-level individuals. B. There is great variability in size and quality across search firms. C. There is a need to maintain confidentiality from an incumbent or a competitor. D. They participate in a discriminatory staffing request from a client company.
The error that occurs because a sample, and not the entire population, is used to estimate a population parameter is a _____ error
a. nonsampling b. sampling c. judgment d. standard