In surveying a simple random sample of 1000 assistant professors, we found that 573 of them felt they were underpaid by at least $3500 . Based on these results, we have a 95% confidence that the proportion of the population of assistant professors who share this sentiment is between .548 and .598. Identify the point estimate of the population proportion
0.573
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Which of the following is true of product bundle pricing?
A) It promotes the sale of products that consumers might not otherwise buy. B) It is used to set prices across an entire product range based on customer evaluations. C) It forces customers to buy product parts that are only compatible with the main product. D) It results in companies making fewer—though more profitable—sales. E) It involves pricing the main product low and setting high markups on the supplies.
The stage at which a new product and marketing program are introduced into realistic market settings to evaluate customer acceptance of the product is called marketing strategy
Indicate whether the statement is true or false
Corporate parenting refers to all of the following except
A. efforts to capitalize on the umbrella brands and enhance value proposition across businesses. B. the role that a diversified corporation plays in nurturing its component businesses through the provision of top management expertise, disciplined control, financial resources, and capabilities. C. the help subsidiaries receive in performing better when they utilize astute high-level guidance from corporate executives. D. efforts to judiciously segregate funds for each business in such a way that keeps the money safe and discourages shifting funds across business units. E. the corporation's ability to provide generalized support resources so as to create value by lowering companywide overhead costs by eliminating duplication of efforts.
An objective of the budgeting process is to communicate a single, unified, comprehensive plan for the business
Indicate whether the statement is true or false