A local pizza company is interested in estimating the percentage of customers who would take advantage of a coupon offer. To do this, they give the coupon out to a random sample of 100 customers. Of these, 45 actually use the coupon

At the 95 percent confidence level it would be appropriate for the manager to conclude that possibly as many as 50 percent of his customers will redeem the coupon. Indicate whether the statement is true or false


TRUE

Business

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When a seller makes a profit from the resale of goods after a buyer breaches a contract, the seller:

A. may keep the profits. B. may not recover incidental damages from the profits. C. must pay incidental damages to the buyer. D. must share the profit with the buyer who breached the contract.

Business

Which of the styles on Blake and Mouton’s Leadership Grid has high concern for interpersonal relationships and low concern for task accomplishment?

A. authority compliance B. country club C. impoverished D. middle of the road

Business

To enhance both individual and group performance, Klaus uses the ________ process by encouraging Jackie to take the initiative to accept additional responsibilities and expand her existing focus.

A. role-taking B. role-playing C. groupthink D. role-making E. role-engulfment

Business

During the Song era, Chinese painting was primarily inspired by Confucianism.

A) True B) False

Business