Answer:
False
Explanation:
In simple words, Severance pay can be understood as a salary and/or incentives given to an individual by a company after the job is over. In order to help an individual obtain a new job, severance arrangements can include additional rewards, such as life care and observer ship support.
Thus, the weekly benefits are not included in this and the above statement is incorrect.
Because only young adults were sampled, undercoverage bias may cause the newspaper to overestimate the proportion of all adults who have college debts.
<h3><u>What is bias in sampling?</u></h3>
When a sample is chosen in statistics, sampling bias is a bias that causes some individuals of the target population to have a lower or greater sampling probability than others. As a result, not every person or event was equally likely to have been chosen, resulting in a biased sample of a population (or non-human variables).
If this is not taken into consideration, results may be incorrectly attributed to the sampling procedure rather than the phenomenon being studied. Although some people identify sampling bias as a distinct sort of prejudice, sampling bias is typically categorized as a subtype of selection bias, sometimes referred to as sample selection bias.
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In the EXPLOIT segment of the process of supplier segmentation, suppliers have a significant portion of the buyer’s spend but do not view the buyer as an important customer.
<h3><u>
Explanation:</u></h3>
The process by which the suppliers will be divided into groups refers to the supplier segmentation. The main aim of this type of segmentation is to determine the profitability that a form can obtain from these segments. This is done for the purpose of the organisation to determine the level of engagement of the organisation with the suppliers.
In the Exploit segment of the supplier segmentation process, the suppliers will be having some significant portion of the money that are spent by the buyers of the product but these buyers of the product will not be viewed as important customers.
A manager and employee agree on precise performance goals, and then a strategy is created to help them be achieved. This approach is known as management by objectives (MBO). Having an effective control system aids in achieving goals. Planning, organising, leading, and controlling are the four primary management activities that have replaced and replaced Fayol's functions over time. In contrast, managers work to apply procedures like organisational structuring and budgeting in order to attain organisational goals. Managers must make judgments to employ resources economically and effectively in order to meet market goals and objectives.
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