Describe the factors that affect the rate of adoption of an innovation
What will be an ideal response?
• Relative advantage — perception of superiority to previous ideas
• Compatibility — consistent with the values and experiences of the target group
• Complexity — degree of user friendliness
• Divisibility — able to be used on a trial basis
• Communicability — the degree to which the results are observable and desirable to others
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When preparing the cost of goods sold budget, ________.
A) ignore balances in Finished Goods Inventory B) start by calculating the projected cost to produce each unit C) ignore the inventory costing method D) multiply units produced by the total projected cost per unit
When a negative amount is in the base period and a positive amount is in the analysis period (or vice versa), a meaningful percent change cannot be calculated.
Answer the following statement true (T) or false (F)
Which sentence illustrates appropriate use of the active voice?
A) The academic reports were prepared by the associate vice president. B) The office contest was suggested by Nick Anderson. C) The First Bank and National Bank announced that they will merge. D) The national budget reform will be announced later this week by the president. E) The application for the loan extension is being processed today.
A company wants to develop an acceptance sampling plan that keeps the producer's risk at 0.03 or less and the customer's risk at 0.10 or less
The acceptable quality level (AQL) is 0.01, and the lot tolerance proportion defective (LTPD) has been set at 0.10. Which one of the following plans gives us the desired protection? Table G.1 is appended to this exam. A) c = 3, n = 190 B) c = 2, n = 54 C) c = 1, n = 30 D) c = 1, n = 20