The first company to find a global market for any product is always at a disadvantage over competitors

Indicate whether the statement is true or false


FALSE

Business

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A question asks respondents to evaluate a travel agency on a scale from 1 to 5 where 1 means "very dissatisfied" and 5 means "very satisfied." This is an example of a:

A) synthetic metric scale B) natural metric scale C) natural categorical scale D) closed-ended scale E) synthetic natural scale

Business

Non-traditional focus groups differ from traditional focus groups in that:

A) they are not restricted to 6 to 12 persons meeting in a dedicated room with one-way mirrors for client viewing B) they are not certifiable by the Qualitative Research Consultants association C) they are run by clients for clients D) they are run only by qualified QRC's E) they are not quantifiable

Business

Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:    Beginning work in process inventory:   Units in beginning work in process inventory 900 Materials costs$9,600 Conversion costs$7,700 Percent complete with respect to materials 60%Percent complete with respect to conversion 45%Units started into production during the month 8,100 Units transferred to the next department during the month 6,900 Materials costs added during the month$115,800 Conversion costs added during the month$120,500 Ending work in process inventory:   Units in ending work in process inventory 2,100 Percent complete with respect to materials 75%Percent complete with respect

to conversion 20% What are the equivalent units for materials for the month in the first processing department? A. 1,575 B. 8,475 C. 9,000 D. 6,900

Business

_____ factors are environmental factors that include our attitudes, values, and lifestyles.

A. Social B. Economic C. Political D. Competitive E. Demographic

Business