Grace, an ethnographer, observes the traditional way of serving dinner in a Chinese household and makes a note of it in her journal. She then asks the head of the family to read her description to verify that it is accurate. In doing this, Grace is involved in:
A. data categorization.
B. memo check back.
C. integration.
D. member checking.
E. test marketing.
Answer: D
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Which of the following is a reason why experiments may be hard to administer?
A) It may be impossible to control for the effects of the extraneous variables. B) Competitors may deliberately contaminate the results of a field experiment. C) Both A and B are reasons why experiments may be hard to administer. D) Neither A nor B is a reason why experiments may be hard to administer.
In a typical (conservative assumptions) after-tax discounted cash flow analysis, depreciation expense is assumed to accrue at
a. the beginning of the period. b. the middle of the period. c. the end of the period. d. irregular intervals over the life of the investment.
The Delphi method develops a consensus forecast about what will occur in the future
Indicate whether this statement is true or false.
Plummer Corporation has provided the following data for its two most recent years of operation: Selling price per unit$44Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$9Direct labor$6Variable manufacturing overhead$4Fixed manufacturing overhead per year$63,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$66,000 Year 1 Year 2Units in beginning inventory0 2,000Units produced9,000 7,000Units sold7,000 8,000Units in ending inventory2,000 1,0000 The net operating income (loss) under variable costing in Year 2 is closest to:
A. $200,000 B. $26,000 C. $31,000 D. $160,000