Dual adaptation is essentially a combination of the product extension/communication adaptation and product adaptation/communication extension approaches
Indicate whether the statement is true or false
TRUE
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A population consists of 500 elements. We want to draw a simple random sample of 50 elements from this population. On the first selection, the probability of an element being selected is
A. 0.100. B. 0.010. C. 0.001. D. 0.002.
Which of the following is NOT true when explaining why productivity tends to be lower in the service sector than in the manufacturing sector?
A) Services are typically labor-intensive. B) Services are often difficult to evaluate for quality. C) Services are often an intellectual task performed by professionals. D) Services are difficult to automate. E) Service operations are typically capital intensive.
Drop-shippers have low operating costs because they do not actually handle the products they sell.
Answer the following statement true (T) or false (F)
The owner of specialty kitchen retail store wants to determine what price she should put on a set of mixing bowls. They cost her $7. She desires a markup of 30 percent based on selling price. Which of the following is closest to the price she should charge her customers?
A. $19 B. $12 C. $15 D. $10 E. $18