Dixie Chopper is advertised as the world's fastest lawn mower. When the Dixie Chopper salesperson approached Keith Oxley, owner of Oxley Landscaping, he said, "Bill Mason told me that you're an impatient man and that I ought to show you my product." What type of approach statement was the Dixie Chopper salesperson using?
A. Product
B. Premium
C. Introductory
D. Referral
E. Complimentary
Answer: D
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Which of the following is true in terms of the relationship between sample size and sample accuracy?
A) There is a linear relationship; the larger the sample, the greater the accuracy. B) There is no relationship; sample size does not affect sample accuracy. C) Accuracy is set by the researcher and is not affected by the sample size. D) After a sample size of about 500, large gains in sample accuracy are not realized--even with large increases in sample size. E) After a sample size of about 1,500, large gains in sample accuracy are not realized--even with large increases in sample size.
Which of the following concepts or principles relates most directly to reporting accounting changes and errors?
a. Conservatism b. Consistency c. Objectivity d. Materiality
The word “Synectics” means:
A) Exploring synergy across cross functional teams in a public organization B) Providing synergistic co-dependent support structure C) Joining together different and apparently unconnected or irrelevant elements D) Joining together similar ideas and connecting the dots to find a useful solution
Answer the following statement(s) true (T) or false (F)
1. Globalization has led to an increase in the number of markets available. 2. The recession that began in 2008 challenged global companies to cut costs while maintaining and expanding customer markets. 3. Operations management concepts are modern concepts and did not exist prior to the 20th century. 4. Operations managers typically take an “inward-facing” view of their organizations. 5. Operations management professionals are typically well compensated.