What is the difference between data and information?

What will be an ideal response?


Data can be defined as raw numbers or other factual information that, on their own, have limited value to marketers. However, when the data are interpreted, they become information.

Business

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Identify and describe the four organizational culture values that appear to be important in most cultures.

What will be an ideal response?

Business

Alpha Corporation acquired a patent for $60,000 which has an expected service life of five years and zero salvage value. The annual amortization is

a. $5,000. b. $6,000. c. $12,000. d. $24,000. e. $30,000.

Business

XLT Corp. used __________ when it moved jobs from India to Mexico, which is closer to its domestic market in the United States.

A. nearshoring B. outsourcing C. homeshoring D. furloughing

Business

When her company's dry goods deliveries were late for the third time, Melissa withheld payment from her supplier until it was back on schedule. This is an example of ________ power.

A. reward B. referent C. coercive D. expertise E. legitimate

Business