Which of the following is an advantage of smaller groups?
A. Fewer distractions
B. More formalized team leadership
C. More creativity and innovation
D. More division of labor
E. Better interaction and coordination
E. Better interaction and coordination
Smaller groups have two advantages: better interaction and better morale.
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The disadvantages of using mall intercept interviews to collect research data include all of the following EXCEPT:
A) poor response rate. B) potential for interviewer bias. C) moderate quantity of data can be collected. D) high cost. E) high social desirability.
Perfect validity implies perfect reliability
Indicate whether the statement is true or false
A product consists of three components with reliabilities of 0.95, 0.95, and 0.95, respectively. The second component has a backup with a reliability of 0.95. Calculate and indicate product reliability.
A. 0.90% B. 0.87% C. 0.76% D. 0.83%
At the end of summer, the Gloomin' Garden Inc. reduced the price on all of its plants, fertilizers, and potting soil by 50 percent in order to liquidate this inventory. What type of pricing strategy has been used by Gloomin' Garden Inc.?
a. Supply oriented pricing b. Sales maximization c. Target return on investment d. Satisfactory profit