To determine the critical values in the chi-squared distribution table, you need to know the:
a. sample size.
b. degrees of freedom
c. probability of Type II error.
d. All of these choices are true.
B
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Which of the following postulates states that unless there is evidence to the contrary, it is assumed that the firm will continue indefinitely?
a. Entities b. Time period c. Consistency d. Going concern
Which of the following actions can enable companies to gain a cost competitive advantage?
a. Removing frills from products b. Increasing marginal customers c. Eliminating reverse engineering efforts d. Developing additional exclusive functional departments
Thomas is a member of a group charged with maintaining the landscaping outside the corporate office. Thomas is in charge of mowing and maintaining the grass. Other members of the group maintain other parts of the landscape. Thomas’ group is a ______.
A. crew B. team C. task force D. individual
The great economist Joel Schumpeter emphasized that innovation is the key to entrepreneurship. Which of the following is a basic way to create a new business?
A. expand upon old technology B. develop current markets C. use new technology to produce a new product D. find a less expensive source of resources