The median is one of the most frequently used measures of variability
a. True
b. False
Indicate whether the statement is true or false
False
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Marketing research is the process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem
Indicate whether the statement is true or false
Grace is the CEO of an organization with its managers reporting to both a geographical manager and a product division manager. Staffers report to a functional manager who can help with skills and help prioritize and review work, and to a product line manager who sets direction on product offerings by the company. Grace is part of which type of organizational structure?
A. divisional B. simple C. matrix D. functional
Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $18, computed as follows: Direct materials$8 Direct labor 4 Variable manufacturing overhead 1 Fixed manufacturing overhead 5 Unit product cost$ 18 An outside supplier has offered to provide the annual requirement of 4,000 of the parts for only $14 each. The company estimates that 60% of the fixed manufacturing overhead cost above could be eliminated if the parts are purchased from the outside supplier. Assume that direct labor is an avoidable cost in this decision. Based on these data, the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:
A. ($4) per unit on average B. $2 per unit on average C. ($1) per unit on average D. $1 per unit on average
After drawing a decision tree, it is analyzed from ______.
a. top to bottom b. right to left c. left to right d. bottom to top