Making sure a goal is challenging but attainable is focusing on what characteristic of goal-setting theory?

A. specific goals
B. difficult goals
C. goal acceptance and commitment
D. feedback


B. difficult goals

Business

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The difference between a department's gross profit and its operating expenses is known as the departmental direct operating profit

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

Business

Devaluation means that more of the home-country's currency is now needed to buy the same amount of a foreign currency

Indicate whether the statement is true or false

Business

According to Hambrick and Fredrickson, which of the following elements of a strategy represents the competitive advantage of an organization?

A) arenas B) vehicles C) differentiators D) economic logic

Business

We are interested in determining what type of model best describes the relationship between two variables x and y.

a.For a given data set, an estimated regression equation relating x and y of the form  = b0 + b1x was developed using Excel. The results are shown below. Comment on the adequacy of this equation for predicting y. Let ? = .01. ? SUMMARY OUTPUT Regression Statistics Multiple R0.5095 R Square0.2596 Adjusted R Square0.1362 Standard Error2.0745 Observations8 ? ANOVA     ? df SS MS F Significance F Regression1 9.0536 9.0536 2.1037 0.1971 Residual6 25.8214 4.3036   Total7 34.875          ? Coefficients Standard Error t Stat P-value  Intercept2.7857 1.6164 1.7234 0.1356  x0.4643 0.3201 1.4504 0.1971  ? b.An estimated regression equation for the same data set (as in part a) of the form  = b0 + b1x + b2x2 was developed. The Excel output is shown below. Comment on the adequacy of this equation for predicting y. Let ? = .01. ? SUMMARY OUTPUT            Regression Statistics     Multiple R0.9680     R Square0.9370     Adjusted R Square0.9118     Standard Error0.6628     Observations8           ANOVA     ? df SS MS F Significance F Regression2 32.6786 16.3392 37.1951 0.0010 Residual5 2.1964 0.4393   Total7 34.875          ? Coefficients Standard Error t Stat P-value  Intercept-2.8393 0.9247 -3.0706 0.0278  x3.8393 0.4714 8.1437 0.0005  x-squared-0.375 0.0511 -7.3335 0.0007  ? c.Use the results of Part b and predict y when x = 4. What will be an ideal response?

Business