Answer:
The answer is: A) degree to which the data is an accurate portrait of the target population.
Explanation:
To explain data generalizability I like to use election polls as an example. There are over 200 million voters in the US, and polls only cover a few thousands of voters, it is impossible to survey the whole population. Data generalizability refers to how well does the election polls reflect the real outcome of an election. Can the data sample used in the polls serve as a true parameter to know the real outcome of the election? Some polls are accurate and others aren't, accurate polls have high data generalizability.
Answer:
B) If the firm does not exit the industry in the long run its demand curve will shift to the left.
Explanation:
This is because the statement "If the firm does not exit the industry in the long run its demand curve will shift to the left, " simply means that if the monopolistic competitive firm stays in a particular industry for long, the firm will experience a situation in which less of the good or service is demanded at every price.
However, this cannot be true because a monopolistic competitive firm produces unique products that tend to have its specific customers. These customers, in the long run, will demand more goods and services of the firms which will be affected positively by a lot of reasons including prices of related goods, increase in salary, better economy at large, etc.
Answer:
A. The practitioner may retain copies of the client's records
Explanation:
Answer:
C) An Ethical Dilemma
Explanation:
An ethical dilemma is also called either a moral dilemma or an ethical paradox and results when problem arise in the process of making decisions about two possible moral options or imperatives where none of the two options are absolutely or unambiguously preferable or acceptable as a result of negative ethical outcomes.
The challenge with moral or ethical codes is that while we are faced with varous ethical challenges in our daily activities, most are usually straightforward right or wrong, acceptable or unacceptable. But ethical dilemma is difficult because it is just difficult between the right or wrong choice or decision in such a case.
An example is being asked to choose between two loved ones in a dire or life and death situation, where the chosen is saved and the abandoned is lost. This is an ethical dilemma.
Answer:
e)directing
Explanation:
Directing is a management function that entails the instruction, guidance, and oversight of business activities with an aim of meeting set goals and objectives.
In the given scenario the management accountant adjusted products and developed marketing strategy by observing that the company generated $800,000 in product sales, also he discovered which products are selling most.
This information was used in the daily running of the business.
