What is the main problem with using a market test as a forecasting tool?
A. Difficult to interpret
B. Expensive
C. Inaccurate
D. Unacceptable to consumers
E. Overused
Answer: B
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The inventory valuation method that tends to smooth out erratic changes in costs is:
A. FIFO. B. Specific identification. C. Weighted average. D. WIFO. E. LIFO.
Name at least three forms of cyberbullying with a brief description.
What will be an ideal response?
A turn-key project is best defined as:
A. giving a foreign manufacturer the right to use a patent in return for the payment of a royalty B. a form of direct foreign investment in which the investing entrepreneur holds a minority ownership position in the foreign venture C. a method in which an entrepreneur contracts his or her management techniques and skills to a (foreign) purchasing company D. a method of doing business whereby a foreign entrepreneur supplies the manufacturing technology or infrastructure for a business and then turns it over to local owners
Which method of performance appraisal requires managers to place a certain percentage of employees into various performance categories?
A. Forced distribution method B. Checklist method C. Percent method D. Forced-choice method