A subset of a population selected to represent the population is a

A. subset.
B. sample.
C. small population.
D. parameter.


Answer: B

Business

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Employees should focus on taking a one-time service or sales opportunity approach instead of developing an ongoing relationship with customers.

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

Business

The ________ distribution specifies the probability that n customers will arrive in T time periods

Fill in the blanks with correct word

Business

In a typical international trade transaction, the order of activity would be which of the following?

A) The foreign buyer places an order; The domestic manufacturer ships to the buyer; The manufacturer's bank presents a draft and documents to the buyer's bank for acceptance; The buyer's bank submits payment to the manufacturer's bank. B) The domestic manufacturer ships to the buyer; The buyer's bank submits payment to the manufacturer's bank; The foreign buyer places an order; The domestic manufacturer ships to the buyer; The manufacturer's bank presents a draft and documents to the buyer's bank for acceptance. C) The foreign buyer places an order; The manufacturer's bank presents a draft and documents to the buyer's bank for acceptance; The domestic manufacturer ships to the buyer; The buyer's bank submits payment to the manufacturer's bank. D) The domestic manufacturer ships to the buyer; The manufacturer's bank presents a draft and documents to the buyer's bank for acceptance; The foreign buyer places an order; The buyer's bank submits payment to the manufacturer's bank.

Business

Which of the following is a logistical function performed by intermediaries?

A. sorting B. negotiating C. financing D. risk taking E. all of these choices

Business