A variable that takes on the values of 0 or 1 and is used to incorporate the effect of qualitative variables in a regression model is called a(n) _____
a. interaction
b. constant variable
c. dummy variable
d. None of the answers is correct.
c
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Which of the following is true about improving HRM effectiveness?
A. Focusing more on transformational work is likely to result in higher strategic value to the firm. B. Ways to improve effectiveness should be identified much before the strategic direction is established. C. There is often a push to eliminate the transformational work to free up time for transactional work. D. Redesigning the structure focuses on information technology rather than reporting relationships. E. Improvement often focuses on the effectiveness of each activity rather than on its efficiency.
In the infamous Coke-New Coke taste test, 54 percent of consumers, using a blind taste test, preferred the New Coke formula to the existing formulation. This is an example of a(n) ________ marketing research method.
A. quantitative B. invalid C. qualitative D. observational E. syndicated
Carteret Inc Carteret Inc manufactures hammocks under various brand names. The company sells most of its hammocks in the second quarter of each year. Their production budget for the second quarter shows the following number of hammocks needs to be produced: April 6,000 units May 10,000 units June 15,000 units Each unit requires 30 feet of cotton rope cord which costs $.50 per foot. The company
has determined that it needs 20 percent of next month's raw material needs on hand at the end of each month. In addition, each hammock requires 45 minutes of direct labor for assembly and inspection at a cost of $.25 per minute. The company currently applies manufacturing overhead to production at the rate of $8 per direct labor hour. Refer to the Carteret Inc information above. The total cost of direct labor and manufacturing overhead for the month of May is: A) $192,500 B) $ 82,500 C) $172,500 D) $168,750
The credit manager is supervised by the _____.?
A. ?treasurer B. ?inventory manager C. ?director of capital budgeting D. ?vice president of finance E. ?controller