Baskin Robbins is conducting research on possible new ice cream flavors and products. It is selecting at random 100 males and 100 females in order to collect data. This is an example of ____ sampling.
A. random
B. stratified
C. selective
D. quota
E. nonprobability
Ans: B. stratified
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Which assessment center exercise is being used when a team of five to seven employees is assigned a problem and must work together to solve it within a certain time period?
A. role playing B. personality test C. in-basket exercise D. leaderless group discussion E. interview session
A contract
A) must have commercial substance to be legally enforceable. B) may qualify for revenue recognition even if one party can unilaterally cancel the contract before performance. C) must be in writing to be enforceable for accounting purposes. D) is an agreement that creates enforceable rights and obligations.
Answer the following statements true (T) or false (F)
1. Trade sales are the most common form of exit for venture-backed companies. 2. Venture capital principals usually trust entrepreneur-provided financial projections as the main source for valuation. 3. Revenue and earnings growth are the only metrics investors look at.
A budget that is based on a single estimate of sales volume is called a:
A. sunk cost budget. B. variable budget. C. flexible budget. D. static budget.