A teacher who is trying to determine if the evidence supports the fact that a new method of teaching economics is more effective than a traditional one will conduct a _____ test.

A. one-tailed
B. two-tailed
C. multi-tailed
D. paired


Answer: A

Business

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When the original intent of the person transmitting the message is different from the meaning that is received by the other person, it is called ______.

a. communication b. verbal theory *c. miscommunication d. cross-sectional communication

Business

Because of the worsening economic situation, your firm needs to drastically cut back, and downsize up to 40% of its workers. The firm has a reputation and tradition of being a firm that rewards the good skills and loyalty of its workers, and many have been with your firm for more than 30 years. The firm has been in your family for more than 100 years, and you are the 3rd generation CEO. Frankly,

what would help the most is to lay off all of those workers who are earning in excess of $80,000/year, retaining those who are earning between $40,000 and $50,000/year. That would reduce your overhead dramatically (and your health insurance costs). But almost all of the workers who earn in excess of $80,000 are age 50 or over, and unlikely to ever find comparable jobs elsewhere. Which of the following options would be consistent with your firm's core values and its long-term survival? a. downsize all workers making in excess of $80,000/year; since salary is the only consideration, the action is legal b. offer significant early retirement packages in exchange for a waiver of claims to workers earning in excess of $80,000/year; it may cost you in the short term, but it is consistent with your family's legacy and the firm's core values, and ultimately will help the firm's long-term survival c. do a targeted review of the skill sets of all employees, including those earning less than $80,000/year, to determine where there is an overlap and you can afford to let people go without damaging the firm's knowledge and skill base; downsize the people who are earning the most in each skill set, whatever their ages d. either b or c might be consistent with your core values and long-term survival

Business

The primary purpose of umbrella coverage is to insure the home from damages due to falling objects

Indicate whether the statement is true or false

Business

You are at lunch when you notice one of your firm's delivery drivers sitting at the bar in the restaurant. The driver is having shots of tequila over the course of the lunch hour. He then returns to his truck in the parking lot and resumes deliveries. You:

a. Should stop the driver. b. Should report the driver. c. Should take the keys to the truck. d. Should do all of the above.

Business