Which of the following about the binomial distribution is not a true statement?

a. The probability of success must be constant from trial to trial.
b. The random variable of interest is continuous.
c. Each outcome may be classified as either "success" or "failure".
d. Each outcome is independent of the other.


B

Business

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An ethics of virtue focuses on the actions of a person rather than the person's characteristics.

Answer the following statement true (T) or false (F)

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Strategic planning and financial planning should be combined during supply chain network design

Indicate whether the statement is true or false.

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Suppose that you are fortunate and land a good paying job with a multinational corporation upon graduation. Your first assignment is in Germany. What is a multinational corporation? What are some of the barriers that you will encounter while in Germany?

What will be an ideal response?

Business

When customers complained that employees at Freddy's Fast Stop Stores were unfriendly, Freddy's instituted its Smiling Service program, which required all employees to greet and make eye contact with every customer and always smile and offer help whenever the customer appeared to need any. Mystery shoppers were used extensively to make sure the employees were adhering to the Smiling Service program. In terms of the process for developing service standards, the mystery shoppers were an example of:

A. Benchmarking B. Relationship research C. Experiential research D. Feedback mechanisms E. Trailer surveys

Business