To be able to develop a hypothesis the researcher must be familiar with the subject area, e.g. have already conducted a literature review.

a) True
b) False


a) True

Business

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The maximum value of the average outgoing quality over all possible values of the proportion defective is called the ________

Fill in the blanks with correct word

Business

________ is the act of executing and controlling the productive functions of a firm.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following global strategies is Acme Gaskets using?

Scenario: Yolanda is a consultant for four companies with international operations. Each of them has selected a different global strategy. Acme Gaskets uses its established skills in producing gaskets that it will sell in foreign markets. Krunchers Chips produces locally targeted snacks for which it has built specialized plants in each local region. It customizes its snacks according to the tastes and preferences of the local consumers. Harman Motors offers a standardized economy automobile and has a single worldwide corporate headquarters from which it centrally manages the entire company's operations. Finally, Gold Medal Industries is located in Tajikistan where wages are quite low. The company produces machine housings that are fairly easy to manufacture and require little employee skill. These pieces are then sent to its locations abroad to be finished by a more skilled workforce, taking into account the customs and benefits desired by each of those particular populations. A) global B) international C) transnational D) multinational E) domestic

Business

If an advertiser refuses to comply with rulings made by the National Advertising Review Board (NARB), the NARB is most likely to

A. lodge a class action suit for customers who have been in some way negatively affected by the ad. B. order the advertiser to stop running the ad. C. refer the matter to an appropriate federal agency. D. impose a fine. E. refer the case to an industry trade association.

Business