Experimental designs provide procedures for devising an experimental setting such that a change in a dependent variable may be attributed solely to the change in the independent variable
Indicate whether the statement is true or false
TRUE
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What does your textbook suggest as a strategy to reduce situational distractions?
a. Limit your exposure to potential distractions in an environment. b. Ask the person you are talking with to speak up. c. Actively try to avoid bias. d. Learn to interpret messages better.
By contract, Oil Shale Corporation forbids Petro Refining, Inc, a wholesale buyer of Oil Shale's products, from purchasing the products of its competitors. This exclusive-dealing contract is not permitted A) under any circumstances
B) if its effect is to cause a competitor a loss of any business. C) if its effect is to substantially lessen competition. D) unless there is no effect on a competitor..
Which of the following is true regarding sales promotion?
A. The objectives and situation should determine what specific type of sales promotion is best. B. Sales promotion is not likely to be used in the market maturity stage of the product life cycle. C. Sales promotion should not be needed if a firm has a good mass selling program. D. Objectives should be developed after the other promotion decisions have been made, so that the manager knows how much is left in the budget. E. None of these answers is correct.
Zip-up Company provides the following data developed for its master budget:Sales price ………………………$11.00 per unit Costs:? Direct materials ……………….$3.00 per unit Direct labor ……………………$4.75 per unit Variable overhead …………….$0.50 per unit Factory depreciation ………….$12,000 per month Supervision ……………………$13,000 per month Selling expense ………………..$0.25 per unit Administrative cost ……………$9,000 per monthRequired:Prepare flexible budgets for sales of 20,000, 22,000 and 24,000 units. Use a contribution margin format.
What will be an ideal response?