A list of quality-of-life factors would most likely include proximity to customers, proximity to suppliers, tariff rates, and currency stability
a. True
b. False
Indicate whether the statement is true or false
False
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Answer the following statements true (T) or false (F)
1. Heuristics are strategies that simplify the process of making decisions. 2. When managers use information that is readily available from memory to make judgments, it is known as a confirmation bias. 3. Being "loss adverse" and hating to admit you're wrong can contribute to the escalation of commitment bias. 4. Groups make better decisions than most individuals acting alone.
In the cash payments journal, a check mark is used in the Post Reference column to indicate the amount has been posted to the accounts payable account in the general ledger
Indicate whether the statement is true or false
A mystery shopper is a form of which primary data collection technique?
a. observation b. survey c. experimentation d. simulation
In queuing theory, the calling population is another name for
A) the queue size. B) the servers. C) the arrivals. D) the service rate. E) the market researchers.