In addition to the counting operation allowable for nominal scale data, ordinal scales permit the use of statistics based on percentiles

Indicate whether the statement is true or false


TRUE

Business

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PepsiCo sold its cola syrup to Russia and agreed to buy Russian vodka at a certain rate for sale in the United States for the next five years. What kind of a countertrade did both the parties indulge in?

What will be an ideal response?

Business

Hunter has had a bit of bad luck. He was racing to get to his new job on time and got into a car accident instead. He knew that he would no longer get to keep his new job because his car was totaled. Hunter thought to himself that something must not have wanted him to work with Jiffy Pizza delivery and there was nothing that he could have done to change his fate. Hunter is exhibiting which kind of locus of control?

A. external B. posterior C. internal D. exterior

Business

Answer the following statements true (T) or false (F)

1. Sun owns a chain of car washes and is thinking of also opening some restaurants. If she does, this would be an example of unrelated diversification. 2. A company in a single line of business cannot conduct a business portfolio analysis. 3. Functional departments of a company must develop internal strategies for achieving the mission and objectives. 4. One of the main functions for the finance strategy is keeping records of transactions, developing budgets, and reporting financial results.

Business

An instrument representing an interest in real property created to secure repayment of the debt is called a:

a. warranty deed. b. foreclosure. c. mortgage. d. default judgment.

Business