A form of convenience sampling in which the population elements are selected based on the researcher's discretion is called ________
A) quota sampling
B) snowball sampling
C) judgmental sampling
D) sampling
E) simple random sampling
C
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Which of the following statements about marketing is TRUE?
A) It is of little importance when products are standardized. B) It can help create jobs in the economy by increasing demand for goods and services. C) It helps to build a loyal customer base but has no impact on a firm's intangible assets. D) It is not needed in an Internet-fueled environment. E) It is seldom used by nonprofit organizations.
Cross subsidies:
a. occur when high–volume products are assigned less than their fair share of overhead costs. b. occur when low–volume products are assigned more than their fair share of overhead costs. c. are eliminated by volume–based costing systems. d. cause distorted cost information for pricing decisions.
Creativity is defined as:
a. something that is both novel and useful. b. a process that uses divergent thinking. c. a process that uses convergent thinking. d. all of the above are true.
Which of the following is an attribute of traditional costing systems?
A) raw materials are ordered in large quantities B) production is completed in self-contained work cells C) suppliers make frequent deliveries of small quantities of raw materials D) management works with suppliers to ensure defect-free raw materials