Thomas developed an intelligence test that has a strong relationship with other IQ tests and the Wonderlic test which is an indicator that the test has what?
A. high criterion validity
B. high predictive validity
C. high convergent validity
D. high content validity
C. high convergent validity
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GM executives are looking for a joint venture with AvtoVAZ, the largest carmaker in:
A) Germany. B) Lithuania. C) Russia. D) Kazakhstan. E) Turkey.
Tessmer Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 3,100 tenant-days, but its actual level of activity was 3,090 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for January:Data used in budgeting: Fixed element per monthVariable element per tenant-dayRevenue - $33.60 Wages and salaries$3,500 $7.40Food and supplies 500 10.50Facility expenses 9,500 4.70Administrative expenses 6,600 0.30Total expenses$ 20,100 $ 22.90Actual results for January: Revenue$105,934Wages and salaries$27,186Food and supplies$32,485Facility expenses$24,873Administrative expenses$7,557The
net operating income in the flexible budget for January would be closest to: (Round your intermediate calculations to 2 decimal places.) A. $13,788 B. $12,963 C. $13,878 D. $13,070
A focused low-cost strategy can lead to attractive competitive advantage when
A. a market is emerging and demand in the target market niche is growing rapidly and is served by industry-wide competitors. B. buyers are looking for the best value at the best price. C. buyers are looking for a budget-priced product. D. a firm can lower costs significantly by limiting its customer base to a well-defined buyer segment. E. buyers are price sensitive and are attracted to brands with low switching costs.
A plan is an outline of the actions by which the organization intends to accomplish its goals and objectives.
Answer the following statement true (T) or false (F)