Which of the following is a characteristic of the normal probability distribution?
a. The mean, median, and the mode are not equal
b. The distribution is not symmetrical
c. The standard deviation must be 0
d. The standard deviation must be 1
D
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All except one of the following accounts will be increased with a debit:
A) Unearned Revenues B) Land C) Accounts Receivable D) Cash
In the course of crafting a strategy, managers typically do not
A. take proactive actions to improve this or that piece of the strategy. B. abandon certain strategy elements that have grown stale or become obsolete. C. modify the current strategy when market and competitive conditions take an unexpected turn or some aspects of the company's strategy hit a stone wall. D. share the strategy publicly to obtain additional customer and shareholder support. E. revamp the current strategy in response to the fresh strategic maneuvers of rival firms.
Which of the following is the fastest delivery method of transportation?
A) Rail B) Truck C) Air D) Intermodal
Daniel is the CEO of CookRite, a company manufacturing kitchen appliances. The company has been in business for the past ten years and sales were steadily increasing until six months ago, when there was a significant decrease. Though Daniel held a number of meetings with the top management of the company, he did not make any changes in the management techniques and did not blame managers for the drop in sales. Which of the following, if true, would indicate that Daniel was correct in his approach?
A. Sources reveal that CookRite's competitors saw a similar drop in sales over the same time period. B. The price of technology used in CookRite products fell during this period, as a result of innovations. C. The symbolic view of management, which Daniel holds, is the preferred method in that industry. D. Demand for kitchen appliances has increased significantly over the past year.