Which of the following statements is true regarding secondary data sources?
A) Data collection from secondary sources is time consuming.
B) It is usually less expensive than primary data.
C) The data gathered is tailored to the manager's needs.
D) Secondary data sources are usually consulted after exhausting primary sources.
B
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Experts say that writers should spend the most time in the ____ stage of the writing process
A) prewriting B) drafting C) revising D) thinking
Which of the following statements is most consistent with efficient inventory management? The firm has a
A. below-average inventory turnover ratio. B. low incidence of production schedule disruptions. C. below-average total assets turnover ratio. D. relatively high current ratio. E. relatively low DSO.
Geometrically, binding constraints intersect to form the _____
a. subspace b. optimal point c. decision cell d. zero slack
From a population of size 600, a simple random sample of size 58 is selected. The sample mean is 400, and the sample standard deviation is 40 . An estimate of the standard error of the mean is
a. 4.0 b. 5.0 c. 6.0 d. 7.0