To describe variable credit status that has three levels: Excellent, Good, and Poor, we need to use two different dummy variables
Indicate whether the statement is true or false
TRUE
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This question contains several parts; be sure to answer all of them. First, describe three nonmonetary ways of compensating and retaining employees. Second, imagine that you manage a small appliance store where salespeople are paid an hourly wage with no bonus or additional compensation. Recently, a big-box store has been luring away your best people by offering them not only a higher hourly wage, but also pay for performance (based on their sales). List and explain at least three ways to improve your employee retention.
What will be an ideal response?
A production-oriented firm typically
A. tries to sell the products it can make easily. B. views customer credit as a customer service. C. operates as an integrated unit. D. sets inventory requirements with customer needs in mind. E. focuses advertising on need-satisfying product benefits.
Nancy Joon, Inc has 1,500 employees. A simple random sample of 81 employees was selected, and the individuals in the sample were asked how much they contribute (monthly) to their retirement accounts. Sample mean, = $150, standard deviation, s = $45
a. Estimate the standard error of the mean. b. Develop an approximate 95% confidence interval for the population mean.
A server computer purchased by Selectron, Inc cost $1,483,400. Prepare a depreciation schedule using the MACRS (Modified Accelerated Cost Recovery System) method and calculate the accumulated depreciation at the end of year 3. (Round all amounts to the nearest cent)
A) $284,812.80 B) $890,040.00 C) $683,982.77 D) $1,056,180.80