Discuss the difference between a concrete variable and an abstract construct.

What will be an ideal response?


A concrete variable can be directly observed, whereas an abstract construct must be indirectly measured. An example of a concrete variable is a person's age or income. An example of an abstract construct is a person's personality or intelligence.

Business

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One means to reduce uncertainty in business communication is to increase the number of competing messages in the environment

Indicate whether the statement is true or false

Business

Corporations and businesses can seek protection under privilege against self-incrimination

Indicate whether the statement is true or false

Business

When royalties are paid, the amount paid is reported to the recipient by the payer on a Form 1099-MISC.

Answer the following statement true (T) or false (F)

Business

Each functional area is, in some way, involved in the generation or consumption of cash

Indicate whether the statement is true or false

Business