A large and nationally representative sample of households who have agreed to periodically participate in mail questionnaires, product tests, and telephone surveys are called ________

A) focus groups
B) electronic panels
C) exploratory groups
D) mail panels
E) household constituencies


D

Business

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If Brazil levies a tariff on oil that is so high that it effectively prohibits imports of oil, the tariff has

a. only a protective effect. b. only a revenue effect. c. both a revenue effect and a protective effect. d. no effect on trade.

Business

The managerial power that results from hierarchical authority and status is referred to by French and Raven (1958) as:

a. apparent power b. legitimate power c. illegitimate power d. structural power

Business

Castaway Company reports the following first year production cost information:Units produced53,000 unitsUnits sold51,000 unitsSales price$150 per unitDirect labor$8 per unitDirect materials$4 per unitVariable overhead$41 per unitFixed overhead$3,339,000 in totalOperating expenses$1,000,000 in totala. Determine the net income using variable costing.b. Determine the net income using absorption costing.

What will be an ideal response?

Business

The allowance factor that increases normal time to standard time compensates for inadequate worker training and lack of worker dexterity

Indicate whether the statement is true or false

Business