A project is a set of activities to solve a problem or take advantage of an opportunity

Indicate whether the statement is true or false


TRUE

Business

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Miranda has a great idea for a new shoe store. When she first conceived of the idea, she believed her target market would be the entire shoe market. However, as she learned more about marketing, she realized that different types of consumers were looking for different types of footwear. She also learned that some segments of the population would be much more profitable than others. Miranda has used a number of variables to divide the market into different groups, including those that use shoes as a status symbol, those that use shoes for sports, and those who wear shoes simply because they are comfortable. At what stage of the target market selection process is Miranda currently?

A. Step 1: Identify the appropriate targeting strategy B. Step 2: Determine which segmentation variables to use C. Step 3: Develop market segment profiles D. Step 4: Evaluate relevant market segments E. Step 5: Select specific target markets

Business

In order to determine how many hours per week freshmen college students watch television, a random sample of 256 students was selected. It was determined that the students in the sample spent an average of 14 hours per week watching television. The standard deviation is 3.2 hours per week for all freshmen college students. a. Provide a 95% confidence interval estimate for the average number of

hours that all college freshmen spend watching TV per week. b. Suppose the sample mean came from a sample of 25 students. Provide a 95% confidence interval estimate for the average number of hours that all college freshmen spend watching TV per week. Assume that the hours are normally distributed.

Business

Which of the following activities is NOT included in the general management process in businesses?

a. Accounting and information system b. Purchasing and installation c. Marketing d. Human resource management

Business

Which of the following DBMS evaluation categories does the following question relate to: Does the DBMS support encryption, password support, and authorization rules?

a. Concurrent update b. Security c. Integrity d. Limitations

Business