Clustering is a technique that divides a large group of people into smaller groups, so that each small group is as diverse as the large group from which it was formed.
Answer the following statement true (T) or false (F)
False
Clustering techniques try to find similar patterns within sets of data. Clustering groups customers who are similar on their segmenting dimensions into homogeneous segments.
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Which statement fails to provide a valid reason in support of John McCall's claim that employees have a right to participate in management decisions?
A. Human dignity is tied to the ability of humans to guide their own lives and control their own destinies. B. Employees who participate in and contribute to decision making are less likely to suffer alienation and burnout. C. Fairness demands that each and every person affected by a managerial decision must have an opportunity to represent his or her own interests. D. None of the answers are correct.
Rice Enterprises had supplies on hand costing $240 on December 31 . During the same year, supplies costing $500 were purchased, and $320 in supplies were consumed during the year. What was the cost of supplies on hand on January 1 of that year?
In a statement of cash flows, interest payments to lenders and other creditors should be classified as cash outflows for
a. borrowing activities. b. operating activities. c. investing activities. d. financing activities.
The lower-of-cost-or-market rule demonstrates accounting conservatism in action
Indicate whether the statement is true or false