An economist is interested in studying the spending habits of consumers in a particular region. The population standard deviation is known to be $1,000 . A random sample of 50 individuals resulted in an average expense of $15,000 . What is the width of the 99% confidence interval?
Width = $729.74
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When companies serve customers who are willing to pay a premium to get precisely what they want and the company responds quickly to satisfy these customers' needs, the company has achieved ________
A) customer intimacy B) product differentiation C) operational excellence D) product leadership E) focus
The informing objective in promotion is simply a matter of educating the consumer about the firm's product.
Answer the following statement true (T) or false (F)
Which of the following statements is FALSE concerning sentence and paragraph length in business messages?
a. A two-word sentence is acceptable, as is a 40-word sentence, as long as the message is clear. b. While compound sentences should be used along with simple sentences, complex sentences should be avoided in business writing. c. The first and last paragraphs are typically shorter than other paragraphs. d. Paragraphs in business letters, memos, and email messages are typically shorter than paragraphs in business reports.
The ________ is an alliance of 200 companies doing business in 138 countries dedicated to making the world healthier.
A. International Federation of the Red Cross B. World Economic Forum on Health C. United Nations Development Program D. Global Business Coalition on Health