Answer: Stratified random sampling
Explanation:
Given : The manager of the customer service division of a major consumer electric company is interested in determining whether the customers who have purchased a Blu-ray player made by the company over the past 12 months are satisfied with their products. If there are 4 different brands of Blu-ray players made by the company.
The best sampling strategy which we can use is stratified random sampling because it is not much costly and also it induces the efficiency . We can me different strata according to the 4 brands , then we can randomly select participants for the sample.
- Stratified random sampling is a method of probability sampling in which a researcher divides the entire population into multiple homogeneous groups known as strata and then he randomly select an sample members from each strata for research .
Answer:
Option C.
Explanation:
According to the expectancy theory, or expectancy theory of motivation, an individual behaves or act in a certain way, because he/she is motivated to choose a particular behavior over others, because of what the expected result of the chosen behavior will be. What this means is that, the motivation of the behavior selection lies in the desirability of the outcome.
Expectancy theory talks about the mental processes involved as regards choice, or choosing. It attempts to show the processes that an individual undergoes in order to make choices.
As we can see in the scenario above, Richa is motivated by the belief that hard work and perseverance will help her perform well and complete the design on time, and so, this is the behavior that she has chosen, which has led to the desired outcome of completing the design on time.
Answer: Majority
Explanation: The decision-making based on the majority rule is defined as more than half of the total votes gained party .The casted votes are counter and the party receiving more than half of the votes wins in any committee, democratic sessions etc.
The situation mentioned in the question consist of a particular committee which need to decide about a certain topic.So, they choose to decide solution on the basis of votes.The solution that has five or more votes as majority will win and will be considered for the club matter.
Answer:
a. Cash freed up by cash management:
= Amount received * speed increased by + Amount disbursed by speed reduced by
= 2,550,000 * 2 days + 1,110,000 * 1/2 days
= 5,100,000 + 555,000
= $5,655,000
b. Interest on freed up cash:
= 5,655,000 * 7%
= $395,850
c.<u> No.</u> It is less than the income earned from interest from freed up cash so it should not be implemented as it brings no additional benefit.
Answer: All business cannot be insured, some business that involved gambling ,speculation loss of profit through competition and through fall in demand cannot be insured
Explanation:
Insurance is a pool of risk, it is a wise choice made by a business organizations against unforeseen circumstances. The business is said to be full of risk, having said that not all the risk of business can be insured. The following risk cannot be insured
Gambling : This is a game of chance in which the winner takes all, based on these it is difficult for insurance company to properly calculate the premium in which losses incurred on gambling business can be based.
Speculation : This is the business which involved buying and selling of shares with the hope of making huge profit when the price is higher. Such a business has a high chance of risk which cannot be correctly calculated which made such business difficult to insure.
Loss of profit through competition : Competition in business is inevitable but insurance company cannot insure loss of profit through competition because business can rely on this to involved in careless competition in a bid to make profit.
Loss of profit through fall in demand : The demand in the goods and services produced by a business may fall due to certain factors. Insurance do not insure loss of profit through fall in demand due to the fact that it is difficult to calculate the premium that the business will pay to the insurance company to insure such loss of profit through fall in demand.
