Because hypothesis testing relies on a sample, there exists risk that the conclusions about the population will be wrong because of a sampling error.
Indicate whether the statement is true or false
Ans: True
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The current ratio
a. is generally smaller than the quick ratio. b. decreases when a company becomes more liquid. c. increases when a company allows more customers to charge on account instead of collecting cash. d. is larger when a company is more liquid.
Buyer power is included as one of Porter's three generic strategies.
Answer the following statement true (T) or false (F)
Which of the following is a disadvantage of using Web for interactive marketing?
A) Consumers can effectively screen out most messages. B) An average customer spends very little time on Internet. C) Internet selling and advertising is costlier than other advertising media. D) It is unable to create long-term marketing assets. E) Online marketing limits the possibilities of personalization.
Which of the following is true of profits and losses in a general partnership?
A) The proportion of profit shared is equal to the general partner's initial investment. B) Losses are shared equally by all general partners. C) The general partner who proposed the idea of the business gets most profit. D) The proportion of investment governs only the proportion of loss shared and not profit obtained.