Explain why exploratory research, descriptive research, or explanatory research would be the best method for determining whether shoppers in the Midwest are more sensitive to a price increase for laundry soap than shoppers on the East Coast are
What will be an ideal response?
Explanatory research would be most important because it investigates relationships between independent and dependent variables; explanatory research would allow the researcher to test a theory about price sensitivity and compare the differences in the two geographic regions.
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The owner of supermarket chain Reynold's has realized that customers want a wider variety of goods than is currently available. However, Reynold's cannot afford the costs of storing excess inventory
Additionally, the owner is not willing to take the risk that the new products will remain unsold. Which of the following types of wholesalers can help Reynold's meet customer demand while minimizing costs? A) Producers' cooperatives B) Cash and carry wholesalers C) Truck wholesalers D) Drop shippers E) Rack jobbers
Joan works as a personal injury attorney, and her husband, Ali, is a consultant for a financial services firm. What particular type of ethical misconduct might they both be tempted to commit that is a common issue in, and somewhat unique to, their professions?
a. charging for unearned billable hours b. overusing unpaid internships c. dishonesty with clients d. colluding with competitors to guide the market
Which of the following valuation methods is frequently referred to as a process of orderly liquidation?
a. Exit valuation b. Entry value c. Replacement cost d. Historical cost
In Kimel v. Florida Board of Regent, the Supreme Court held that the Eleventh Amendment of the U.S. Constitution provides:? A) ?state governments with immunity from suits by private individuals under the Age Discrimination in Employment Act
B) ?individuals immunity from suits by private employers. C) ?federal governments with immunity from suits by state government. D) ?all seniority systems and benefit plans "shall require the involuntary retirement of individuals."