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Vitek1552 [10]
2 years ago
8

Leslie Bradley is an entrepreneur with a small business in Little Rock, Arkansas. Working with a local engineer/inventor, Leslie

has developed a new cooking device that she thinks will revolutionize cooking. The device is a small oven that is portable and uses a gas injection system to cook meals in a fraction of the time taken in a normal oven. The new system creates a very high temperature and the gas jets are located 360 degrees around the food to be cooked, thus ensuring that the food is cooked equally on all sides. Leslie and the engineer applied for a patent and then immediately sought a relationship with a large manufacturer to produce and distribute the new oven. To her surprise, when she demonstrated it to the top three manufacturers, they all had the same reaction: "We are very interested in this new invention but we would like to see some consumer research that tells us what consumers think about the device." "Will they think the temperature is too high and represents a safety issue?" "Do they really think that a roast cooked in 6 minutes will taste the same as one roasted for 2 hours?" "How much, if any, will they be willing to pay for the added convenience of time savings?" Leslie sought the services of Weber Research, Inc. WRI was an established research firm in the city and they recommended that they use their mall facility in order to conduct some research that allowed consumers to use the device and taste the food cooked in the device. Leslie agreed but was concerned about the types of persons in the shopping mall. "They really won't represent our area since they will likely be mostly female and they will have higher incomes than the general population."
WRI assured Leslie that this could be overcome by using which of the following sampling methods?

A) quota sample
B) purposive sample
C) stratified sample
D) representative sample
E) systematic sample
Business
1 answer:
fredd [130]2 years ago
4 0

Answer:

B) quota sample

Explanation:

Remember, Leslie was initially concerned about the types of persons in the shopping mall, who she believed would not represent the research area since they may likely be mostly female and they will have higher incomes than the general population.

However, using Quota sampling method, Weber Research, Inc. could look for consumer that are more likely to use the device and taste the food cooked in the device, this consumers would be divided into quotas or groups having similar characteristics and then a sample would of the population will be researched on.

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A financial adviser manages an equity portfolio for an endowment fund, which has an 8.2% return objective. The adviser makes a s
MArishka [77]

Answer:

The endowment fund is not satisfied with the advisor's performance

Explanation:

Judging from a nominal interest rate perspective where return expected of an investment comprises of real rate of return and an extra return which is a compensation for inflation rate in the economy,the endowment fund is not satisfied with performance of the advisor.

The satisfactory rate of return that would be expected of the advisor is computed below:

nominal interest rate=real rate+inflation rate

real rate is 8.2%

inflation rate is 2.9%

nominal interest rate=8.2%+2.9%

                                  =11.10%

3 0
2 years ago
The capital budgeting method that takes into account both the size of the original investment and the discounted cash flows is t
VladimirAG [237]

Answer:

Option D (profitability index) is the correct choice.

Explanation:

Options aren't mentioned in the issue above. Please find the full query attachment here.  

Capital budgeting seems to be the mechanism whereby the creditors assess the value of a future investment project. This corresponds to something like the timeframe by which the planned project can produce adequate income to regain the original investment.

<u>The 3 most prevalent frameworks to contractor choosing are given below:</u>

  • Payback period.
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Some other choices have no relation with the specified scenario. So that the option here is just the appropriate ones.

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The team members of the technical team in Wescrult Inc. are working on a crucial project. Their previous manager assigned respon
Gala2k [10]

Answer:

The correct answer is d. controlling.

Explanation:

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The idea of ​​project control is very simple: it has been elaborated with some objectives, studying the available resources and preparing a plan to achieve the goals. Control is what ensures the follow-up of these plans, preventing any team member from deviating from the marked route. Thanks to the control tasks, the achievement of objectives will be ensured as defined in the planning phase.

When the project has already been planned, it should be put in place. The main requirement to start is that the project is fully defined and approved by the steering committee or the shareholders' meeting and, where appropriate, by the sponsor of the actions to be carried out.

6 0
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AlexFokin [52]

The most important factor in the work process or industry is to retain the interest of the employee. And to retain them, their salary or profit must be adjusted to the best value. Unless the employee does not do his job properly, employees must receive bonuses or benefits to ensure them to stay in the company. It will actually make them stay longer, make them feel important and reduce costs for hiring new employees.

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