A store's inventory of party supplies consists of 600 red balloons, 200 white balloons, and 200 blue balloons. Your boss asks you to choose a representative sample of 75 balloons for a window display. How many red balloons should you place in the display? Explain your answer
45; A sample is representative if its members tend to have the same characteristics as the population from which they were selected. In this case, we would want our sample to contain a similar percentage of red balloons as the store's inventory.
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Answer the following statement(s) true (T) or false (F)
33. A higher sense of intuition is associated with entrepreneurs who have consistently 34. Calculating affordable lost and taking small actions are both components of The Practice of Entrepreneurship. 35. Researchers found that medical students who used deliberate practice when studying were able to make more proficient use of their time, energy, and resources 36. Expert entrepreneurs who engage in deliberate practice are generally more skilled at understanding the meaning of complex patterns 37. Reflection is the least important entrepreneurial skill. 38. The Practice of Entrepreneurship is about competition rather than collaboration and co-creation. 39. In the entrepreneurial context, risk is absolute.
In evaluating whether the industry and competitive environment presents sufficiently attractive prospects for both competitive success and attractive profits usually does not involve a consideration of which of the following factors?
A. the industry's growth potential and whether competitive pressures will likely grow stronger or weaker, and whether strong competitive forces are squeezing industry profitability to subpar levels B. whether the industry's product is strongly or weakly differentiated C. whether the industry's future profitability will be favorably or unfavorably affected by the prevailing driving forces D. whether the company occupies a stronger market position than rivals E. the severity of the macro-environment problems confronting the industry
While breakdowns occur randomly, their frequency is somewhat predictable through such tools as the product failure rate, MTBF, and the breakdown costs model
Indicate whether the statement is true or false
The conflict resulting from a manager's desire to increase a firm's risk without increasing current borrowing costs and lenders' desire to limit lending is one effect of the ________ problem
A) agency B) leverage C) capital D) variable cost