In measurement, when assigning numbers to the characteristics there must be a one-to-one correspondence between the numbers and the characteristics being measured

Indicate whether the statement is true or false


Answer: True

Business

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Producers benefit from using intermediaries because they ________

A) offer greater efficiency in making goods available to target markets B) bring a fresh point of view to strategy development C) eliminate risk D) are generally backlogged with orders E) refuse to store products for longer than a few days

Business

To facilitate decision making on complex issues, the manager usually relies on the ______ to complete some type of analysis before making a decision.

a. systems analyst b. statistical software c. program evaluator d. analyst or power user

Business

When faced with seasonal demand, a firm should use a combination of pricing (to manage demand) and production and inventory (to manage supply) to improve profitability

Indicate whether the statement is true or false.

Business

Management may never legally limit unionizing activities

a. True b. False Indicate whether the statement is true or false

Business