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

The simplest type of measuring system is the nominal scale.


ANSWER: T

Business

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The final step in the business unit strategic-planning process is strategy formulation

Indicate whether the statement is true or false

Business

The breakeven formula adjusted for profits may be stated as

a. S = VC – FC + P. b. S = VC – FC – P. c. VC + FC – P = S. d. S = VC + FC + P.

Business

An NBA player who pictures himself making all of his free throws is engaging in:

a. Self-talk b. rehearsal c. mental practice d. constructive thoughts

Business

The idea that people like to make decisions similar to ones they had made in the past supports the principle of _____

A) social proof B) liking C) scarcity D) consistency E) reciprocity

Business