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Katena32 [7]
3 years ago
12

Shyla conducted an experiment. she went to the student union and asked people if they would like to be subjects in her study. sh

e decided to ask only those people who smiled at her. is this an appropriate way to select subjects?
Business
1 answer:
Assoli18 [71]3 years ago
7 0
No!
It's biased. Grumpy people have a right to have their opinions known just as well as cheerful people. Grumpy looks are momentary. They can be brought about (especially at a University) by math problems that are illusive, by girl friends (or boy friends), that are illusive, by something for lunch that was barely edible, by any number of things. 

She should ask people on some sort of other scale that is more random.
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________ models assist top-level managers in long-range planning, such as stating company objectives or planning plant locations
lesya [120]

<u>Strategic</u> models assist top-level managers in long-range planning, such as stating company objectives or planning plant locations.

<h3>Strategic models</h3>

Strategic planning tools, or models, are designed to help organizations develop their action plan to achieve their goals. It is also referred to as how an organization takes its strategy and creates a plan to implement it to improve operations and better meet their goals.

Therefore, the models that assists top-level managers in planning is known as Strategic models.

learn more about Strategic models: brainly.com/question/24448358

4 0
2 years ago
Prepare an income statement for Bill’s Extreme Bowling, Inc., for the month ended July 31. (This income statement would be consi
Svetach [21]

Answer:

An income statement is a summary of transactions that determine if a Business is profitable or not, during its trading venture.

It outlines revenue being the major income source, the cost of the goods sold, expenses incurred in operating the Business and possible other income.

The result it gives is then recognized as a profit or a loss

Net Profit = $2,525

Net Profit % = Net Profit/Sales

= $2,525/$12,000

= 21.04%

Explanation:

<em>The question is incomplete thus lifted from the internet and you can find it in the attachment</em>

<u>Bills Extreme Bowling Inc.</u>

<u>Preliminary Income Statement</u>

<u>For the Month ended July 31</u>.

Sales $12,000

<u>Other income</u>

Income due for venue rentals $250

<u>Expenses</u>

Plumbing services -$1,500

Electricity Bill -$2,500

Salary -$5,475

Net Profit = $2,525

Net Profit % = Net Profit/Sales

= $2,525/$12,000

= 21.04%

Note (refer to the attachment for the question):

item a is our revenue

item b is income from space rental but which will be paid for in August. So this creates an Account receivable balance against this customer

item C is unearned revenue, it relates to September. The Balance sheet should recognize it as a liability because the service hasn't been rendered yet

Item d is payment for Last months Accounts receivable. This reduces this balance in our Balance sheet

Item e is  expense relating to this month

Item f is expense relating to last month and this month, however the last month was paid this month which effectively reduces our Account Payables balance by $2,000. But the $2,500 electricity bill for this month remained outstanding and will be listed in the Balance sheet as a Payable balance and recognized in the income statement as relating to this months expenses

Item g is expense recognized in the year.

Download xlsx
8 0
3 years ago
Managing inventory and avoiding out-of-stock situations is critical to the success of this type of client. What type of client d
dimulka [17.4K]

Answer:

Retail and e-commerce

Explanation:

Retailing refers to buying goods from producers and selling them to consumers in physical locations, while e-commerce has to do with online purchase and sales of goods, to consumers.

<em>When dealing with retail and e-commerce clients, it is imperative that inventory is properly managed and out-of-stock situations are avoided, as such clients depend on the continuous availability of goods.</em>

5 0
3 years ago
Which of the following is likely to have the most price inelastic demand? A. Athletic shoes (broadly defined) B. Running shoes.
natita [175]

Answer:

<h2>Among the answer options given in the question,athletic shoes are likely to have the most price inelastic demand.Hence,the correct answer is option A. or Athletic shoes(broadly defined).</h2>

Explanation:

In Microeconomics,price elasticity of demand basically measures the general responsiveness of the consumer to any change in the price of any particular product or service.Now,one of the criteria that determines or influences the price elasticity of demand for any product or services is the availability of substitutes.The more the number of substitutes a product has,higher will be the price elasticity of demand for that particular product.In this context,availability of substitutes depends on the categorization of description of the concerned product.For example,the more general the product category,higher will be the availability of substitute for that product and hence,higher will be its price elasticity.In this case,when we consider any general athletic shoes,there are usually less substitute products available in both domestic and international market that sell various kinds and types of athletic shoes.Therefore,the consumers have a considerably lower range of similar product categories to choose from and hence,in we consider athletic shoes in general or as a broad product category,the consumers will be relative price insensitive or price inelastic in economic language due to lower availability of consumption choices or substitutes.Now,running shoes or Nike athletic or general shoes all indicate product or brand specificity and the more specific a product becomes in terms of its category or type or the brand selling the product,higher will be the consumption choices or options or substitutes available to the customers leading to increasingly higher price elasticity of demand for those respective products.Here running shoes represent a specific or particular category within the broader shoe industry and Nike signifies a particular global shoe brand or company.Therefore,based product/brand specificity and the available of substitutes,athletic shoes in general would exhibit the most price inelastic demand in this instance.

5 0
3 years ago
The simple interest earned on a certain amount is double the amount when invested for 10 years. What is the interest rate being
asambeis [7]

Answer: 10%

Explanation:

The formula to calculate the simple interest (I) is given by :-

I=Prt---------(1)                      

Final amount : A=P+I---------(2)    

Given : The simple interest earned on a certain amount is double the amount when invested for 10 years.

i.e A = 2P

Put this in equation (2), we get

2P=P+I\\\\\Rightarrow\ I=P    

Put the value of I in (1), we get

P=Prt\\\\\Rightarrow\ rt=1          

Since t=10 years {given} , then

r(10)=1\\\\\Rightarrow\ r=\dfrac{1}{10}=0.1

In percent , r=0.1\times10=10\%

Hence, the interest rate is being offered = 10%

     

3 0
3 years ago
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