In the family business, family considerations affect only members of the family.
Answer the following statement true (T) or false (F)
False
Rationale: Those employees who are not family members are still affected by family considerations--e.g., being passed over for a deserved promotion that was set aside for a family member.
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For her current research project, Margaret Rogers wants to select a sample in which every member has a known and equal chance of selection. In other words, Margaret is looking for a ________
A) simple random sample B) convenience sample C) stratified random sample D) judgment sample E) quota sample
Greg has been in the business of selling collectible figurines for twenty years. Margaret agreed to buy a set if Greg would also bring her a display case for them. Greg bought one and sold it to Margaret along with the figurines. While placing the figurines in the display case, she ran her hand over the back edge of one of its shelves and cut herself severely. The wood was not finished on that
side and nails were protruding through the shelf. Can Margaret sue Greg under strict liability? a. Yes, because the display case was in an unreasonably dangerous condition. b. Yes, because the display case was defective. c. No, because she was not a true consumer under Sec. 402A. d. No, because Greg is not a seller under Sec. 402A.
There are historically three 32-month periods of generally rising prices in the stock market for every one 9-month period of falling prices. This observation leads you to conclude that the stock market exhibits a:
A) random pattern. B) trend pattern C) seasonal pattern. D) cyclical pattern.
Price leaders
A. are sold at the highest possible price. B. maximize profits. C. lead to increased revenue or lower costs when prices are increased or decreased. D. are sometimes sold at less than cost in hopes that sales of other products will increase. E. lead the industry in sales.