If the probability of an event is x, with , then the odds in favor of the event are x to (1 - x)

Indicate whether the statement is true or false


T

Business

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The employees of Fantasy Textiles are concerned about company management overlooking their interests. They decide to form a union to voice their concerns and speak up for their rights. They elect Gino to represent them during negotiations. Gino's new role requires him to ensure that the terms of the labor contract are enforced and that the interests of the union are met. In this context, Gino most likely holds the position of

A. chief executive officer. B. business representative. C. union trustee. D. union steward. E. stakeholder.

Business

Which of the following is the method marketers use to collect available information about what is going on in the world that is relevant to their business?

A) a marketing decision support system B) marketing management C) longitudinal research D) a market intelligence system E) data mining

Business

The biggest advantage of external recruiting is that the organization ______.

A. avoids creating or perpetuating resistance to change B. can lower training costs C. knows the recruit and the recruit knows the company D. possibly finds individuals with more complex skill sets than are available internally

Business

A _____ doesn't require work to be performed in a specific sequence; instead, the product can be moved from one type of machinery to another in whatever sequence is necessary.

A. product layout B. cellular layout C. fixed position layout D. process layout

Business