If all other factors specified in an attributes sampling plan remain constant, changing the specified tolerable rate from 8% to 6%, and changing the specified risk of assessing control risk too low from 7% to 3% would cause the required sample size to:
A. Increase.
B. Change by 4%.
C. Remain the same.
D. Decrease.
Answer: A
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Job evaluation is the process of:
A. finding qualified candidates to fill job vacancies B. comparing jobs within an organization C. evaluating employee performance in order to establish a rational pay structure D. summarizing reports that describe the job as it is actually performed E. providing information needed to prepare job description
Which decision-making model assumes human purposeness, both in individual behavior and in the broader scope issues found in organizations?
a. Rational model b. Collaborative model c. Garbage can model d. Organizational process model
Which of the following is an example of a diagnostic skill? Select as many as apply.
A. Designing a new logo for a major advertising client B. Figuring out why the number of quality applicants to a five-star restaurant is decreasing C. Deciding whether or not to undertake a risky acquisition D. Providing negative feedback to an employee in a way that will correct her behavior without discouraging her E. Writing software code for a new search engine
Paul worked as an artisan at a furniture company where a set of artisans were required to produce a specific part of a product, and the product was later assembled. Paul quit his job and started a small furniture business where he crafts unique products based on the demands of his customers. He feels that the constant need to adapt and outperform himself keeps him focused and motivated to improve his craft. Which advantage of entrepreneurship is highlighted in the given scenario?
A. Greater financial success B. Survival C. Greater tractability D. Challenge