In SEM, the posited relationships between constructs are tested similarly to the way they are tested using:
A) Multiple regression.
B) Analysis of Covariance.
C) Discriminant analysis.
D) Cluster analysis.
E) MDS.
A
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When choosing the clothing you'll wear for a workplace interview, the best policy is to
A) dress for a casual dress work environment. B) dress conservatively, showcasing a bold statement piece. C) combine a conservative look with a casual look with dark jeans and a blazer. D) dress conservatively and professionally. E) wear a bold color that shows confidence and leadership.
A business is considering a cash outlay of $250,000 for the purchase of land, which it could lease for $36,000 per year. If alternative investments are available which yield an 18% return, the opportunity cost of the purchase of the land is:
A) $45,000 B) $36,000 C) $ 9,000 D) $54,000
Positioning
A. eliminates the need for judgment in strategy planning. B. helps strategy planners see how customers view competitors' offerings. C. is concerned with obtaining the best shelf space in retail outlets. D. applies to new products but not existing products. E. is useful for combining but not for segmenting.
If a firm's production process requires high operating leverage (use of fixed costs), then the firm
should finance its assets with debt, so that the cost of capital will be reduced and financing costs will remain fixed. Indicate whether the statement is true or false