A major disadvantage of closed-ended questions is that useful information that does not quite fit the defined answers may be overlooked as the respondent tries to make a choice instead of providing his or her best answer

Indicate whether the statement is true or false


TRUE
Explanation: Closed-ended questions are questions in interviews and on questionnaires that ask those responding to choose from a set of specified responses. One disadvantage is these specified responses do not always fit.
CL

Business

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Bates Golf Supply produces a golf bag that sells for $220. Although the company's production capacity is 5,000 bags per year, only 4,000 bags are currently being produced and sold. The production costs for 4,000 bags are as follows:Golf Mart Stores has offered to purchase 1,000 golf bags as a one-time special purchase at a price of $170 per bag.Required:1) Prepare a quantitative analysis that indicates whether the special order should be accepted.2) What qualitative factors should be considered in this special order decision?

What will be an ideal response?

Business

What is a tool that can help you reveal which rivals your venture will compete against and your competitive position relative to these competitors?

a. Architecture analysis b. A business model c. A cash conversion cycle d. A perceptual map

Business

A basic feasible solution satisfies the model constraints and has the same number of variables with non-negative values as there are constraints

Indicate whether this statement is true or false.

Business

You have the opportunity to purchase mineral rights to a property in North Dakota with expected annual cash flows of $10,000 per year for eight years

If you discount these cash flows at a rate of 12% per year, what are these cash flows worth today if the cash flows occur at the end of each period? A) $55,637.57 B) $49,676.40 C) $80,000.00 D) $122,996.93

Business