Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests t
he machines to be sure that the bottles are filled to an appropriate amount. The null hypothesis of the test is that the mean is at least 12 ounces. The alternative hypothesis is that the mean is less than 12 ounces. What are the possible types of errors that could be made from this test?
Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests the machines to be sure that the bottles are filled to an appropriate amount. The null hypothesis of the test is that the mean is at least 12 ounces. The alternative hypothesis is that the mean is less than 12 ounces. What are the possible types of errors that could be made from this test?
Private label brands are products that are manufactured by a company and sold to another company. They tend to be cheaper and gives retailer a higher profit margin. Ot is a situation whereby an individual makes a contract with a manufacturer to produce a product that meets the individual specifications. Private brand helps in expanding product line, allows control over marketing and allows retailers tailor a product to local needs and taste.
The correct answer is letter "D": are a problem because banks only hold a fraction of deposits as reserves.
Bank runs occur when account holders of a financial institution massively withdraw their deposits under the fear that the bank will become insolvent. <em>The situation could get to the point in which the bank uses all its reserves which would lead them to default. </em>
<em>In the U.S. banks with deposits between $16 and $122.3 million are required to have a minimum reserve of 3% while banks with reserves greater than $122.3 million 10%. The rest of the money is used by banks for reinvestment.</em>
The regulatory agency that oversees export controls related to commercial and dual-use items is called The Bureau of Industry and Security (BIS).
What is the Bureau of Industry and Security (BIS)?
The United States Department of Commerce's Bureau of Industry and Security (BIS) handles matters relating to high technology and national security. Aiding in the prevention of the spread of WMDs while promoting the expansion of US exports is one of the bureau's main objectives.
The Bureau of Industry and Security (BIS) promotes ongoing U.S. leadership in strategic technologies while advancing the national security, foreign policy, and economic goals of the country. It does this by ensuring an efficient export control and treaty compliance system.
In order for managers to function properly in their position, they need to consider four functions in order to be successful in the organization. These are:<em> Planning, Organizing, Leading and Controlling. </em>
It is in the Leading Function that<em> the manager establishes a good communication with his employees.</em> It is at this level that he manages and motivates his employees by connecting with them and encouraging them. He shows this through his genuine interest in their work. If a manager does this, he will be able to motivate his employees to work harder, thus making them more energized to achieve the organization's goal.