A random sample of 81 students at a local university showed that they work an average of 60 hours per month with a standard deviation of 18 hours. Compute a 95% confidence interval for the mean of the population
56.02 to 63.98 hours
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"My mind is made up! If they do not offer me theft insurance, I will not buy the smartphone." Which of the following parts of negotiating planning is this an example of?
A. A specific limit objective B. The best alternative to a negotiated agreement C. A target objective D. An opening objective offer
Warren is a purchasing agent for Kellogg's. He is currently negotiating with his suppliers to receive a _______, which is a temporary price reduction to resellers for purchasing specified quantities of a product.
A. push money allowance B. merchandise allowance C. buying allowance D. buy-back allowance E. discount
Which of the following is true about packaging?
A. The package cannot be used as a branding tool. B. The package is often the consumer's first exposure to the product. C. The package is what the consumer must give up to purchase a product. D. The package must not divulge information relating to its contents. E. The package lacks in offering benefits like economy and storage.
Departments in Japanese firms are more often based on function and process than on product, customer, or location.
Answer the following statement true (T) or false (F)