A sampling plan can be viewed as a strategy involving intelligent steps that allow a researcher to select a sample from the general population to assess answers to the current questions. In this situation, a company has developed innovative photocopy machines, and the research task is to estimate the demand for these machines from businesses in Cleveland. The sampling method that could be utilized involves probability sampling techniques, specifically Simple Random Sampling and Systematic Sampling. The defined sample frame comprises the organizations in Cleveland, which should be categorized into small, medium, and large based on their employee numbers. The researcher must evaluate each organization, collecting data through simple random sampling where every organization is assessed. Using systematic sampling, business in Cleveland can be listed for analysis with an arbitrary selection for examination. Given that every organization needs to be evaluated and categorized, a structured approach using Simple Random Sampling and Systematic Sampling is required.
The donation of 5% of Target's annual revenue towards community initiatives exemplifies social responsibility.
This concept of social responsibility involves ethical obligations and civic duty. Through these contributions, Target enhances societal well-being while balancing its growth with community welfare.
To start with,
Let x signify the balance in the first savings account.
Let y signify the balance in the second savings account.
The combined total in the accounts is $9,000, leading to the equation:
x + y = 9000 (1)
Zack withdrew 10% from account x and 60% from account y, totaling $2,175.
Thus,
0.1x + 0.6y = 2175
or
x + 6y = 21750 (2)
To find y, subtract equation (1) from (2):
x + 6y - (x + y) = 21750 - 9000
5y = 12750
y = 2550
Next, from (1), compute:
x = 9000 - 2550 = 6450
Consequently, the balance in the first account is
0.9*x = 0.9*6450 = $5,805, while the balance remaining in the second account is
0.4*y = 0.4*2550 = $1,020.
Final answer:
The balance in the first account is $5,805 and the balance in the second account is $1,020.
Answer:
The right choice is B: Gap 2.
Explanation:
The gaps model of service quality, known as the 5 gaps model, is essential for organizations to guarantee customer satisfaction. Gap 2 specifically addresses the disparity between management perceptions and the actual customer experience. In this gap, managers make it a priority to define and deliver the expected quality of service. In this instance, FedEx is addressing customer-defined performance standards, indicating it plays a significant role in closing Gap 2 in the service quality gaps model.
Answer:
c) Providing a discount for students and seniors.
Explanation:
Price discrimination occurs when a seller charges different prices for the same product to varying customers. It is typically employed to capitalize on consumer surplus.
When a chocolatier identifies a buyer group willing to pay less, they can focus on this demographic and provide them with a lower payment option.
In this scenario, offering discounts to students and seniors indicates that the chocolatier has recognized these groups as customers likely to purchase chocolates for less than $20.
