There are several basic questions involved in sampling design. "Should a sample be taken? If so, what process should be followed?" are two such questions. Which of the following questions is also involved in sampling design?
A) What kind of sample should be taken?
B) How large should the sample be?
C) What can be done to control and adjust for nonresponse errors?
D) All of the above are correct.
D
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Focus on cost control and assessing core competencies are part of which cost management element?
a. motivational b. informational c. reporting d. all of the above
The ________ is the place to begin formulating the primary goal of an MPR plan
A) customer analysis B) problem statement C) organizational structure D) cost analysis E) scenario statement
Employees will be able to obtain a proportionately high level of profits they generate (relative to the firm) if
A. suppliers are loyal to the firm. B. the firm's resources are path dependent. C. their expertise is firm-specific. D. the cost to the firm of replacing them is high.
Which of the following is a consequence of having a global supply chain?
a. reduction in communication problems b. increase in speed of delivery of supplies c. better quality control because of easy supervision d. longer lead times