A strategy for company growth through starting up or acquiring businesses outside the company's current products and markets is called ________
A) vertical integration
B) market development
C) diversification
D) market penetration
E) product development
C
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________ are general business sources of external secondary data that provide brief descriptions of companies, organizations, or individuals
A) Guides B) Indexes and bibliographies C) Directories D) Nongovernmental statistical data E) Standard Industrial Classification (SIC) codes
Dizzy Amusement Park is open from 8:00 am till midnight every day of the year. Dizzy charges its patrons a daily entrance fee of $30 per person which gives them unlimited access to all of the park's 35 rides.Dizzy gives out a free T-shirt to every 100th customer entering the park. The cost of this T-shirt would best be described as a:
A. mixed cost B. fixed cost C. step-variable cost D. true variable cost
A core competence
A. detracts from a company's arsenal of competitive capabilities and competitive assets and is not a resource strength considered to be genuine. B. is an activity that a firm performs proficiently that is also central to its strategy and competitive success. C. is often grounded in a single department's set of knowledge and expertise. D. is typically results-based, residing in a company's tangible physical assets on the balance sheet. E. is a proficiently performed external activity.
A work sampling study requires an acceptable error level of ± 10 percent and 95 percent confidence
a. What is the required sample size if the sample proportion busy is as large as 50 percent? b. What is the required sample size if the sample proportion busy is estimated to be about 20 percent?