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kondor19780726 [428]
3 years ago
11

The Commerce Department reported receiving the following applications for the Malcolm Baldrige National Quality Award: from larg

e manufacturing firms, from large service firms, and from small businesses. a. Is type of business a categorical or quantitative variable
Business
1 answer:
nlexa [21]3 years ago
4 0

Answer:

Categorical variable

Explanation:

Categorical variable are variables that are not numerical, take on values that are names or labels.It places the individual into a category, categorical variable is also called qualitative variable.

While quantitative variable is a numerical variable, they represent a measurable quantity i.e variables whose values result from counting or measuring something(measurement)

Therefore, the type of variable used here is categorical because the type of business will not be numerical.

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The equilibrium interest rate a. equates the aggregate demand for funds with the aggregate supply of loanable funds. b. equates
FromTheMoon [43]

Answer:

The correct answer is option a.

Explanation:

The equilibrium interest rate is determined by the interaction of aggregate demand for loanable funds and aggregate supply of loanable funds. In other words, at the level of equilibrium interest rate, the aggregate demand for loanable funds is equal to aggregate supply of loanable funds. Any change in these two variable causes the equilibrium interest rate to change.

7 0
3 years ago
In __________, the distinction between the working and the nonworking poor is not just about those who have jobs and those who d
Vsevolod [243]

Answer:

In <u>politics</u>, the distinction between the working and the nonworking poor is not just about those who have jobs and those who do not, but about those who <u>deserve</u> help versus those who don’t. Supposedly, the nonworking could work but <u>choose not to</u>. <u>Sociologically</u>, however, the line between the working and nonworking poor does not mean a great deal, since families cross it often, as breadwinners gain or lose employment.

Explanation:

The reason is that the politics which is the science of governing a country, says that the poor is not the one who doesn't have any job because rich people usually have their own business which earns millions of dollars and the owners don't bother whether the profit has grown or has decreased from the previous year. So the poor is the one who needs help whether he is working or not because during recession period many middle class families usually fall below the middle class family benchmark.

Furthermore, this distinction line is often crossed by families if the breadwinner who pays the utility bills, rentals, food expenses, fees, etc gets jobless. So this distinction line is not that useful as deemed. It is also harder for the researcher to define help.

8 0
3 years ago
A manager who follows the transformational leadership model is likely to believe that managers should Multiple Choice withhold i
Scorpion4ik [409]

A manager who follows transformational leadership model is likely of the beliefs that coercive powers can help in extraction of the best performance from the employees.

<h3>Who is a manager?</h3>

A person, by whatever name or title called, who is an expert in looking after and presiding over the control and administration of a business organization, while also reporting to the top level and low level personnel, is known as a manager.

Hence, the significance of a manager is as explained above.

Learn more about a manager here:

brainly.com/question/17312484

#SPJ1

8 0
2 years ago
Lower interest rates cause a(n) ____________in capital utilization, which shifts the production function __________and thereby s
Anna71 [15]

Answer:

The correct answer here to the first fill in the blank is Increase and for the second one it is Upward and for the third one it is Rightwards.

Explanation:

If there is any change in the interest rate or tax treatment , there will be an impact on the capital utilization , which will then help in determining the positions of the LRAS (long run aggregate supply curve ) curve. So if there is an decrease in the interest rate , then it will cause increase in the capital utilization, which will then shift the production to upwards and there by shift the LRAS curve rightwards. LRAS curve shifts to rightwards when in the long run , increase in investment ( which is due to lower interest rate ) causes the economy's capacity to produce, as the production cost is reduced.

5 0
3 years ago
Please answer the following question:
Elza [17]

Answer:

The response options are:

a) The chances are high that your decision will be biased, especially because the current problem is complex and past patterns will be an inaccurate guide.

b) You will make a decision that is about 80 percent accurate, which is good enough to meet your objectives given the time and information at your disposal."

c) You will rate all alternatives against known criteria and choose the course of action that will maximize return to the organization.

d) Your decision will be based primarily on your preconceptions about social media, what you learn about social media as you begin your research, and Mi Ola's past experiences engaging with customers online.

The correct answer is: c) You will rate all alternatives against known criteria and choose the course of action that will maximize return to the organization.

Explanation:

The rational process for making decisions is a selection between two or more alternatives on some desire, need, object, etc. These decisions must always respond to a solution, if we apply it at an administrative level it can favor or harm the organization or company.

Rational models for decision making require a cognitive process where each step follows the next in a logical order.

As we have determined that this model is a process, it becomes clear that it must have a few steps to follow; Among those we find seven steps to know:

* Step 1: Definition and diagnosis of the problem: If administrators, teams or employees individually do not know the real problems and their possible causes, it is impossible for effective decision making. The definition and diagnosis of problems involves three conceptualization skills: perception, interpretation and incorporation.

* Step 2: Setting goals: Once individuals or teams have defined a problem, they can set specific goals for elimination.

* Step 3: Search for alternative solutions: Individuals or teams should look for alternative means to achieve a goal. This step could involve the search for additional information, creative reflection, expert consultation, research or similar actions.

* Step 4: Comparison and evaluation of alternative solutions: After individuals or teams have identified the alternative solutions, they should compare and evaluate them. This step highlights the expected results and the determination of the relative cost of each alternative.

* Step 5: Selection among alternative solutions: Decision making is usually associated with the making of a final choice. The selection of a solution, however, is just one more step in the rational decision-making process.

* Step 6: Implementation of the selected solution: The fact that the selection of a solution has been carried out correctly does not necessarily mean that its execution will be successful. A technically correct decision has to be accepted and supported by those who will be responsible for implementing it if it is indeed desired that the decision be effective. If the selected solution cannot be implemented for any reason, another should be considered.

* Step 7: Monitoring and control: The single implementation of the preferred solution does not automatically guarantee the fulfillment of the desired goal. Individuals or teams should monitor the implementation activities and maintain their monitoring by evaluating the results. If the implementation does not produce satisfactory results, corrective actions will be necessary.

7 0
3 years ago
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