Decision alternatives
a. should be identified before decision criteria are established.
b. are limited to quantitative solutions
c. are evaluated as a part of the problem definition stage.
d. are best generated by brain-storming.
a
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Organisational activity designed to favour disadvantaged groups in decision-making is known as:
a. positive agenda b. positive discrimination c. positive action d. positive policies
When a company invests in education to reap future monetary rewards, it is part of a ________ system.
A. collectivist B. communist C. capitalist D. socialist E. feminine
A large corporation has annual sales revenues of $6 billion. The corporation currently earns 2.25%
on its money-market account. If the corporation can reduce its float by three days by making its billing and collection functions more efficient, the company's operating profits will increase by approximately A) $2,196,500. B) $3,069,863. C) $1,350,000. D) $1,109,589.
From a population that is not normally distributed and whose standard deviation is not known, a sample of 50 items is selected to develop an interval estimate for ยต. Which of the following statements is true? a. The standard normal distribution can be used
b. The t distribution with 50 degrees of freedom must be used. c. The t distribution with 49 degrees of freedom must be used. d. The sample size must be increased in order to develop an interval estimate.