Which sampling design gives every member of the population an equal chance of appearing in the sample?

A. Nonprobability
B. Random
C. Quota
D. Stratified
E. Poll


Answer: B

Business

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Departmental direct operating margin also shows a department's contribution to the company's overall operating income

a. True b. False Indicate whether the statement is true or false

Business

This question has two parts; be sure to answer both. First, describe the four parts of a system. Next, imagine that you own a one-person business. You create beautiful, elaborate wedding cakes (for which you charge a large sum of money). What are the components of your wedding cake business system?

What will be an ideal response?

Business

The main goal of the lean business model is the elimination of waste while satisfying the customer and providing a positive return to the company.

Answer the following statement true (T) or false (F)

Business

Patrick manages a convenience store. He is responsible for scheduling employees, receiving and stocking inventory on the shelves, counting the cash, making deposits, and reconciling the cash registers against the contents of the registers. He likes working with the employees and doesn't mind handling the inventory, but does not enjoy the part of the job dealing with the cash and cash registers. Of the resources Patrick must oversee, which one does he least enjoy?

A. Material resources B. Human resources C. Financial resources D. Information resources

Business