The Bledsoe Marketing Research group has been hired to administer a series of questions to shoppers in a local mall. If questions on the survey questionnaire have only two possible responses (such as "yes/no"), what type of questions are these?

What will be an ideal response?


Questions of this type are closed-end questions that are dichotomous in nature.

Business

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Royal Rotisserie Company, a manufacturer of kitchen ovens, had the following activities, allocated costs, and allocation bases:


How much of the account inquiry cost will be assigned to the Midwest Office? (Round any intermediate calculations to two decimal places and your final answer to the nearest dollar.)
A) $16,946
B) $72,996
C) $26,070
D) $6518

Business

Those leaders who have no official authority, but do have the ability to influence others are:

a. formal leaders. b. authoritarian leaders. c. participatory leaders. d. informal leaders.

Business

Security norms aid in receiving the product of your labor

Indicate whether the statement is true or false

Business

Licensing is a popular form of foreign investment because it does not need a sizable commitment of funds, and political risk is often minimized

Indicate whether the statement is true or false.

Business