Another term used for statistical sampling is:

A) probability sampling.
B) convenience sampling.
C) ratio sampling.
D) numerical sampling.


A

Business

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A travel agency offers weekend discounts for car rentals. What can be deduced from this?

A) It is increasing peak-time efficiency. B) It is using differential pricing. C) It is using linear pricing. D) It is cultivating peak demand. E) It is providing complementary services.

Business

All of the steps in the Systems Development Life Cycle apply to software that is developed in-house and to commercial software

Indicate whether the statement is true or false

Business

Sharon, a salesperson for a greeting card company, is responsible for sales in the northern part of California. Sharon's manager has decided to change Sharon's key account in the territory to a house account. Why would Sharon most likely dislike this decision?

A. Sharon will have to share commissions from the key account with the home office. B. Sharon will lose the commission for the key account. C. Sharon will be demoted from her position in the territory for losing the key account. D. Sharon will have to work from the firm's home office. E. Sharon will have to monitor the key account for less pay than she usually earns.

Business

Pecan Inc. produces water valves. Overhead costs have been identified as follows:  Activity PoolCostActivity DriverActivityQuality control$55,500Number of inspections185Material maintenance$87,400Number of machine hours19,000Setups$75,000Number of production runs60 Pecan makes 3 models of valves with the following details:  ?EconomyStandardPremiumUnits produced20,00040,0007,000Number of inspections540140Machine hours4,50012,0002,500Production runs52035Required:  a. Calculate the activity rate for each activity. b. Determine the amount of indirect costs assigned to each of the products.

What will be an ideal response?

Business