A level in an ANOVA test accounts for the variation outside of the main factor
Indicate whether the statement is true or false
FALSE
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Which of the following is true of the behaviorally anchored rating scale?
A. focuses on general statements such as “knowledge of work” B. general examples of performance are provided C. can be time consuming to create and update D. is generally less effective than graphical rating scales
Which of the following statements supports single sourcing?
a.there is a need to reduce supplier dependence on the buying organization. b.there is a high probability of a devastating natural disaster. c.there is a patent involved. d.there is volatility in the supply market. e.concerns exist about supplier capacity for future volume.
A U.S. manufacturing worker’s average hourly compensation is approximately equal to ______.
a. the weekly average compensation for a manufacturing worker in Sri Lanka b. the weekly average compensation for a German manufacturing worker c. the monthly average compensation for a manufacturing worker in Sri Lanka d. the monthly average compensation for a German manufacturing worker
Businesses follow a defined buying decision process in order to ensure the goods and services they purchase will meet their organization's needs. The process has multiple stages, and in one of the stages the business will evaluate each component of potential purchase. This includes evaluating the quality, design, materials and any other relevant aspect of the purchase. This evaluation takes place in which of the following stages of the business buying decision process?
A. First stage - The business recognizes a problem or need exists B. Second stage - Product specifications are developed C. Third stage - Search for potential products D. Fourth stage - Product for purchase is selected E. Fifth stage - Product quality and supplier performance is evaluated