Jennifer was asked to determine the market potential in Brazil for her company’s new line of vacuum cleaners. She decided to conduct a survey of Brazilian homemakers. Jennifer had completed the preliminary design of her questionnaire and had developed a list of prospective respondents. However, she was unsure of the wording of the questions and decided to ___________ the questionnaire on a small sample of consumers.
(a) Validate
(b) Replicate
(c) Pre-test
(d) Back-translate
(c) Pre-test
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If the interest rate on bonds is the same as the current market rate, the bonds will sell for their face value
a. True b. False Indicate whether the statement is true or false
Use this information to answer the following question. These facts concern the long-term stock investments of DeBord Corporation: June 1, 2014 Paid cash for the following long-term investments: 5,000 shares Vanhook Corporation common stock (representing 5 percent of outstanding stock) at $40 per share; 3,000 shares Shust Corporation common stock (representing 3 percent of outstanding stock) at
$24 per share. Dec. 31, 2014 Quoted market prices at year end: Vanhook common stock, $35; Shust common stock, $27. April 1, 2015 A change in policy required the sale of 1,000 shares of Vanhook Corporation common stock at $38. July 1, 2015 Received a cash dividend from Shust Corporation equal to $.30 per share. Dec. 31, 2015 Quoted market prices at year end: Vanhook common stock, $39; Shust common stock, $22. The entry to record the purchase of the Vanhook Corporation common stock is: A) Long-Term Investments 272,000Cash 272,000 B) Long-Term Investments 120,000 Cash 120,000 C) Long-Term Investments 72,000 Cash 72,000 D) Long-Term Investments 200,000 Cash 200,000
Ethical values are personal codes of ethics that ensure that a person meets his or her individual standards of well-being.
Answer the following statement true (T) or false (F)
Goodwill
a. is created when a business is purchased at a price below fair value of its net assets. b. is amortized like patents and trademarks. c. refers to an intangible asset of a business that is created from such favorable factors as location, product quality, reputation, and managerial skill. d. is reported in the fixed assets section of the balance sheet.