Answer: Environmental scanning
Explanation: In simple words, environmental scanning refers to the study of events that affects the operations of the business and relate them with the internal and external environment in which the firm operates.
In the given case, the managers of the company are trying to predict the changes in the industry by looking at the trends of their competitors.
Hence from the above we can conclude that this assessment is environmental scanning.
Answer: Equivalent forms
Explanation:
Parallel forms reliability which is also referred to as a equivalent forms reliability that tends to use a set of questions which is further divided in two equivalent forms, under which both sets tends to contain the questions that measure or evaluate the similar construct, skill or knowledge. These sets of question are then given to same individual from the sample within short time period and thus estimate of the reliability is then evaluated from these sets.
Answer:
$600 billion
Explanation:
Given that,
Currency held by the public = $100 billion
Reserves held by banks = $50 billion
Bank deposits = $500 billion
The money supply refers to the total money in the circulation.
Therefore, the total money supply is as follows:
= Currency held by the public + Deposits with the bank
= $100 billion + $500 billion
= $600 billion
Answer:
Relationship selling involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.
