Chapter 6 focused on how to and the importance of establishing a sampling plan. As mentioned in the textbook: "A sampling plan is a description of the approach that is used to obtain samples from a population prior to any data collection activity.

Using the following case study, create a sampling marketing plan:

Orlando University wants to obtain reliable information about student perceptions of administrative communication. Describe how to design a sampling plan for this situation based on your knowledge of structure and organization of the college. Answer the following questions:

The objective of the sampling activity
The target population
The population frame (the list you think the sample will be selected)
The method of sampling
The operational procedures for collecting data
The statistical tools that will used to analyze the data

Answers

Answer 1

Orlando University can design a robust sampling plan that captures student perceptions of administrative communication accurately.

Define the target population: Determine the specific group of students from which you want to gather information. For example, you might focus on undergraduate students, graduate students, or students from specific departments or programs.

Determine the sample size: Decide on the number of students you want to include in your sample. The sample size should be large enough to provide meaningful results but manageable in terms of resources and time constraints.

Choose a sampling method: There are various sampling methods to consider, such as random sampling, stratified sampling, or cluster sampling. Select the most appropriate method based on the characteristics of the target population and the resources available.

Determine the sampling frame: Create a list or database of all the eligible students within the target population. This list will serve as the sampling frame from which you will draw your sample.

Consider stratification: If the target population can be divided into meaningful subgroups (e.g., by program or year), consider using stratified sampling to ensure representation from each subgroup. Determine the appropriate number of students to select from each stratum.

Determine the data collection method: Decide on the method for collecting data on student perceptions of administrative communication. This could involve surveys, interviews, or focus groups. Ensure the chosen method aligns with the research objectives and resources available.

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Related Questions

which statement about market structure and innovation is true? multiple choice innovation often leads to productive and allocative efficiency. innovation always leads to entrenched monopoly power. innovation keeps new firms from ever catching up with leading firms. innovation helps only dominant firms.

Answers

The statement about market structure and innovation that innovation often leads to creative destruction and the replacement of established firms by new firms is true. Here option A is the correct answer.

Relationship marketing and innovation are mutually inclusive. On the one hand, the recently introduced product, developed in collaboration with the stakeholders, is likely to provide satisfaction and, as a result, customer loyalty and retention, with all recognized favorable effects.

The main purpose of marketing innovation is to discover new markets, which will ultimately enhance sales and profitability for your company.

Marketing innovation refers to the use of a fresh marketing strategy incorporating considerable adjustments to product positioning, promotion, price, design, or packaging.

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A company purchased a commercial dishwasher by paying cash of $5,300. The dishwasher's fair value on the date of the purchase was $5,690. The company incurred $500 in transportation costs, $220 installation fees, and paid a $160 fine for illegal parking while the dishwasher was being delivered. For what amount will the company record the dishwasher?

Answers

When a company purchases an asset, the cost of the asset is recorded on the balance sheet as an asset. In this case, the company purchased a commercial dishwasher for $5,300 in cash. However, the fair value of the dishwasher on the date of purchase was $5,690, which means the company received a discount on the purchase.

To record the dishwasher on the balance sheet, we need to add the cost of the dishwasher to any additional costs incurred to get it up and running. The company incurred $500 in transportation costs to get the dishwasher to their location and $220 for installation fees, which brings the total cost to $6,020 ($5,300 + $500 + $220).

The company will record the dishwasher at a total cost of $6,020. This includes the cash payment of $5,300, transportation costs of $500, and installation fees of $220. The $160 fine for illegal parking is not considered as it is not directly related to the acquisition of the dishwasher.

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Assignment Questions
1. Describe the attitude you have toward technology. Describe at least two ways in which
technology has affected your life. (2-4 sentences. 1.0 points)

Answers

Answer:

I see technology as an essential part of life nowadays. Importance of technology has drastically increased in past 5 years.

For me technology is now a basic need as i obtain the latest updates on my phone rather than a newspaper.

The study i do for my subjects is done on my phone as well on a soft copy document.

Explanation:

Explain why most experts believe that official U.S. data underestimate the actual rate of unemployment. What factors could make the official rate overstate the actual unemployment rate

Answers

Answer:

people simply quit looking for jobs.

Explanation:

In order to be considered unemployed, you must be out of work for at least four weeks and be actively seeking a new job. But if after 6 months, or 1 or even 2 years, you cannot get a new job, then you might simply quit looking for one. Since you quit looking for a job, you are not considered unemployed.

In a balanced balance sheet, if liabilities are $2,000 and owner’s equity is $3,300, what must assets be ____?



$5,300

$2,000

Not enough information to determine assets

$3,300

Answers

Answer:

5300

Explanation:

assets=equitys +liabilities

Baxter is looking over his monthly budget. Specifically, he's considering the direct deposits that came through this week from his job with a biotech company and from the tenant who rents a small condo that he owns. What kind of money is Baxter reviewing?
A. income
B. inflation
C. personal risk
D. opportunity cost​

Answers

I believe the answer you are looking for is A. Income

Answer:

A, "Income"

Explanation:

Gradpoint

Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue

Answers

Individual income taxes
Social Security and Medicare taxes
Corporate income taxes
Excise taxes
Custom duties
miscellaneous revenue

when determining whether to invest in a taxable or nontaxable security, which of the following statements is correct?

Answers

When determining whether to invest in a taxable or nontaxable security, the decision depends on an individual's tax situation and the potential tax implications of the investment.

Factors such as the individual's tax bracket, the expected rate of return on the investment, and the tax treatment of the specific security should be considered. Each option has its own advantages and disadvantages in terms of tax liabilities. It is important to evaluate the after-tax returns of both types of securities to make an informed investment decision. In the case of taxable securities, the income generated from these investments is subject to taxes. This means that the investor must consider the impact of taxes on their overall returns.

On the other hand, nontaxable securities, such as municipal bonds, are exempt from federal income taxes and may also be exempt from state and local taxes depending on the specific bond. This can make nontaxable securities attractive for investors in higher tax brackets.

Ultimately, the choice between taxable and nontaxable securities should be based on an individual's specific tax circumstances and financial goals. Consulting with a financial advisor or tax professional can provide personalized guidance on which option is most advantageous for a particular investor. It is important to carefully assess the tax implications and potential returns of each investment to make an informed decision.

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the shape of the product life cycle for the natural and organic confectionary product category indicates a short introductory stage, relatively quick growth stage, and a projected lengthy maturity stage. given this information, justin’s knows it must lock in distribution quickly since competitors will likely be following quickly. what type of products are natural and organic confectionaries?

Answers

Answer:

low-learning products

Which of these is an example of business ownership?
A. A wage earner at a company
B. A day trader of stocks
C. A hair salon franchisee
D. A freelance journalist

Answers

A is the right answer

Answer:

a hair salon franchise

Explanation:

i just did the question

A stock with a current market price of $26.50 has an associated call option priced at $5.60 and a strike price of $22.50. This call has an intrinsic value of ______ and a time value of _____.
_QC_52055
a.$1.60; $4.00
b.$4.00; $1.60
c.$0; $5.60
d.$5.60; $0

Answers

The intrinsic value of a call option is the difference between the stock's current market price and the option's strike price, while the time value is the difference between the option's total price and its intrinsic value.

In this case, the stock's current market price is $26.50, the call option's price is $5.60, and the strike price is $22.50. To calculate the intrinsic value, we subtract the strike price from the stock's market price: $26.50 - $22.50 = $4.00
The intrinsic value is $4.00. Now, we can calculate the time value by subtracting the intrinsic value from the call option's price: $5.60 - $4.00 = $1.60. The time value is $1.60. Therefore, the call option has an intrinsic value of $4.00 and a time value of $1.60. The correct answer is (b) $4.00; $1.60.

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The table below shows the earnings, in thousands of dollars, for three different commissioned employees. $2,000 3% on all sales 7% on all sales 5% on the first $40,000 8% on anything over $40,000 December 4. 4 5. 6 5. 2 January 2003. 5 3. 85 3. 6 February 2004. 7 4. 9 4. 4 Who had the largest dollar amount in sales for the month of December? a. The salary plus commission employee. B. The straight commission employee. C. The graduated commission employee. D. They each had the same dollar amount in sales.

Answers

The earnings of the three employees are X=$2,135, Y=$392, Z=$260.

What is the commission?

The commission is basically the amount of service charge which is given by the employer to their employee in addition to his income.

Let, the three employees be X, Y, and Z.

Given that,

Employee X earns $2,000 with 3% on all sales.

Employee Y earns 7% on all sales.

Employee Z earns 5% on the first $40,000, and 8% for sales over $40,000.

The table is shown in the image below about the sales of December, January, and February.

Computation of earning:

Earning in December are as follows:

Employee X:

\(=\$2000+3\%(\$4,400)\\ = \$2,132.\)

Employee Y:

\(7\%(\$5,600) = \$392\)

Employee Z:

\(5\%(\$5,200) = \$260\)

Hence, employee A has the largest amount of earnings in the month of December.

Therefore, option A is correct, where A is the salary plus commission employee.

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The table below shows the earnings, in thousands of dollars, for three different commissioned employees.

Answer:

The correct answer is D.

Explanation:

They each had the same dollar amount in sales.

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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When the average total cost curve is at its minimum?
a. average variable cost curve intersects the average total cost curve.
b. average variable cost curve is above the average total cost curve.
c. marginal cost curve intersects the average total cost curve.
d marginal cost curve is above the average total cost curve.e. average fixed cost curve is above the marginal cost curve.

Answers

The average total cost curve is at its minimum when the marginal cost curve intersects the average total cost curve.  

In the short run, the average total cost curve is U-shaped. This is because, at low levels of output, the average total cost is high due to the presence of fixed costs.

As output increases, the average total cost falls as fixed costs are spread over a larger number of units.

However, at high levels of output, the average total cost begins to rise due to increasing marginal costs. The point at which the average total cost curve is at its minimum is where it intersects with the marginal cost curve.

This is because, at this point, the marginal cost of producing an additional unit is equal to the average total cost of all units produced.

Therefore, option C is the right answer. The marginal cost curve intersects the average total cost curve.

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Psychographic analysis and behavioral analyses are examples of methods of ________. market research marketing market segmentation positioning

Answers

Psychographic analysis and behavioral analyses are examples of methods of market segmentation positioning.

Market research is the process of determining the feasibility of a new service or product through research conducted directly on potential customers. Market research allows companies to discover target markets and collect consumer opinions and other feedback regarding their interest in products and services.

Most business ideas come from entrepreneurs who recognize a need for a product or service.

The psychographic analysis includes personality traits, lifestyle, social class, habits, behaviors, and interests. Each of these unique psychological factors strongly influences consumer behavior. These factors are then used to segment the audience based on their psychographic composition.

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Hugo was completing his end-of-day balance sheet for his music store. He wanted to make sure his projections were correct and confirm the business was on track financially. What is one entry he would make on his balance sheet?


A. Gross profit

B. Cost of goods sold

C. Accounts receivable

D. Net profit before taxes

Answers

As Hugo wanted to make sure his projections were correct and confirm the business was on track financially, an entry which he can make on his balance sheet is an Accounts receivable. The Option C is correct.

What is an account receivable?

In accounting, an accounts receivable refers to an asset account on the balance sheet that represents money due to a company in the short term. They are created when a company lets a buyer purchase their goods or services on credit and it is similar to accounts payable but instead of money to be received, they are money owed.

An account receivable are always recorded as a debit in the assets section of a balance sheet. It is a short-term asset because normally it's going to be realized within a year.

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check my workcheck my work button is now disableditem 8 gorberchev food processing expects to have 37,000 units of finished goods inventory on hand on march 31 and reports the following expected sales (in units) for the months of april through july: april 137,000 may 157,000 june 167,000 july 137,000 at the end of each month the company desires its ending finished goods inventory to be 20% of the next month's projected sales (in units). the budgeted production (in units) for gorberchev food processing for april should be: multiple choice

Answers

Based on the given information, the budgeted production for Gorberchev Food Processing for April should be 31,400 units.

Gorberchev Food Processing wants its ending finished goods inventory to be 20% of the next month's projected sales. We are given the projected sales for April through July. To calculate the budgeted production for April, we need to find 20% of the projected sales for May.

The projected sales for May is 157,000 units. To find 20% of 157,000, we multiply 157,000 by 0.20:

157,000 * 0.20 = 31,400 units

Therefore, the budgeted production for Gorberchev Food Processing for April should be 31,400 units.

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What is one major function of retail banks?
A. Keeping all deposits in reserve at all times
B. Offering loans that use car titles as collateral
C. Providing credit and debit cards to customers
D. Managing the payroll of major corporations
SUBMIT

Answers

Answer:

The role of retail banking is to help individual consumers manage their money, gain access to credit, and deposit their money in a secure way.

Explanation:

Providing credit and debit cards to customers is a major function of retail banks. Hence, the correct answer is option C.

What are retail banks?

Retail banks are financial institutions that provide banking services to individuals and small businesses. These services include deposit accounts, such as savings and checking accounts, as well as loans, mortgages, credit and debit cards, and other financial products.

Providing credit and debit cards to customers is a major function of retail banks because it allows customers to make purchases without the need for cash and helps facilitate online and mobile payments. Credit and debit cards also generate revenue for retail banks through fees and interest charged on balances, making them an important source of income for banks.

Hence, providing credit and debit cards to customers is a major function of retail banks. Therefore, the correct answer is option C.

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How did the pressure change from when it was your turn to be a leader, than when you were just a supporting member? (Take your time please and thank you)

Answers

Answer with Explanation:

The pressure changed a lot when I became a leader. I was expected to supervise my group members and assign them the tasks they have to perform. I gave them a sense of direction, particularly, towards the group's goal. I was pressured to meet the targets expected from us, and I always put my effort at its best for fear of failing or becoming a failure to the group. I needed to do things in a calm fashion, so I could inspire my members and be a better role model for them.

When I was just a supporting member, I didn't really mind about which direction my group should take, so the pressure from stress wasn't a big deal. I was very laid back because I just needed to perform what was asked of me by our leader. No one was constantly looking upon me, thus, I didn't feel like I really needed to do my best.

A company had 6,950,000 net income for the year. Is net sales were 14,700,000 for the same period. Calculate its profit margin.

Answers

0.46 or 46% hope this helps

How will taxation influence the circular flow model

Answers

Answer:

TMS

Explanation:

Taxes (T) imposed by the government reduced the flow of income.

Money paid to foreign companies for imports (M) also constitutes a leakage.

Savings (S) by businesses that would have been put to use are a decrease in the circular flow of an economy's income.

. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?

Answers

Answer:

the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996

if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50

her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.

The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5

What do you mean by Total revenue?

Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.

Total revenue when she uses the direct channel is $996  

\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)

If she uses the indirect channel, her total revenue is $1,059.50.

\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)

The difference in revenue between direct selling and indirect selling:

\(\rm\, \$1,059.50 - \$996 = \$63.5\)

The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.

Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.

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which production is often characterized by an order-based process, in which the desired quantity is specified?

Answers

The production process that is often characterized by an order-based process, in which the desired quantity is specified, is called "make-to-order" (MTO) production. In this approach, companies manufacture products or provide services according to specific customer orders, instead of producing items for inventory.

The MTO process begins with a customer placing an order, specifying the desired quantity and any other specific requirements. This ensures that the produced items meet the customer's exact needs and preferences.

Next, the manufacturer plans and schedules production, taking into account the availability of raw materials, labor, and equipment capacity. Once all resources are in place, the actual production begins.

As the products are manufactured according to individual customer requirements, there is minimal inventory held by the company. This reduces carrying costs and the risk of excess or obsolete inventory.

However, the MTO approach typically has longer lead times than make-to-stock (MTS) production, as it requires the manufacturing process to be completed after the order is placed.

In summary, make-to-order production is characterized by an order-based process, where the desired quantity is specified by the customer.This approach ensures that the products produced meet specific customer needs while minimizing inventory-related costs.However, it also results in longer lead times compared to other production methods.

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After signing a contract and starting the job, a contractor realizes that the job cannot be completed at the agreed upon price. which bond would pay?

Answers

After the contractor signs the contract and starts work, he discovers that the work cannot be completed at the agreed price. There is no guarantee that contractors will be protected against incorrect estimates or cost overruns.

Due to the uniqueness of the facilities built, it is almost essential to set a separate price for each facility. The price of a construction contract  includes  direct project costs, including the cost of a site supervisor, plus a general overhead  and profit markup charged by the contractor.

Factors that affect facility prices also vary by facility type  and location. Within  the major construction categories  such as residential construction, commercial buildings, industrial parks and infrastructure, there are smaller segments with very different framework conditions regarding pricing.

However, all price agreements have some common features in the form of  legal documents that bind the facility owners and suppliers. Without getting into specific issues in various industry segments, the most common types of pricing  can be described in general terms to explain the basic principles.

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To examine
the weekly payroll of all employees, one would look at the:

Answers

To examine the weekly payroll of all employees, one would look at the: d. payroll register.

What is the payroll register?

The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.

A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.

Options:

a. W-4

b. employee earnings record

c. W-2

d. payroll register.

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Which of the following is the best way to make sure you have good customer retention?
A. Give coupons to new customers
B. Provide good customer service
C. Offer Internet sales
D. Use sales quotas

Answers

Answer:

B. Provide good customer service

Explanation:

Customer service refers to taking care of customers' needs by providing timely, professional, and useful assistance to the customer at all times. It involves addressing customer concerns by providing meaningful support when required.

Customer service entails a one-on-one interaction with a client.  The customer service agent must portray a genuine willingness to support the customer. They need to demonstrate passion for work and customers throughout the interaction. Good customer service create loyal customers.

To have a more positive metaverse experience, it's important to __________________________.
A. check in with yourself to find the right balance
B. interact with everyone in the same experience
C. exit before someone starts connecting with you
D. continue as long as possible without taking a break

Answers

Interacting with everyone in a similar experience is crucial for a more fulfilling metaverse experience. As a result, choice (B) is the proper response.

What is metaverse?

In science fiction and futuristic literature, the metaverse is a fictitious version of the Internet that is a single, all-encompassing virtual environment made possible by the usage of virtual reality (VR) and augmented reality (AR) devices. A metaverse is a collection of 3D virtual environments that are mostly utilized for social interaction.

The words "meta" and "universe" were combined to create the phrase "metaverse," which first appeared in the science fiction book Snow Crash in 1992.

Hence, option (B) is accurate.

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A graph titled Sample Unemployment Rate Graph has the date on the x-axis and unemployment rate percentage on the y-axis, from 0 to 10 in increments of 2. The x-axis contains the dates August 10, January 11, June 11, and November 11. A line starts at August 10 and curves slightly down below 4 percent at January 11, and then back up toward November 11. In January of 2011, the unemployment rate in this nation was about . Based on the trend that began around June of 2011, economists may predict that the unemployment rate will continue to in the future.

Answers

Answer:

In January of 2011, the unemployment rate in this nation was about 4 percent

Based on the trend that began around June of 2011, economists may predict that the unemployment rate will continue to increase  in the future.

Explanation:

January 2011 it was at about 4% and it started to increase after that.

Answer:

-4%

-increase

Explanation:

What is legal citizenship defined as

Answers

Answer:

does this help?

Explanation:

Citizenship is defined in the first clause of the first section of the Fourteenth Amendment as: All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and the State wherein they reside.

Mrs. Jones always wanted a white picket fence in front of her house. Mr. Jones, her husband, wants a fence around the entire house including a decently-sized lawn in the front and a garden in the back. The fence border should look like a rectangle (see picture above). He calculated that he would need to fence off an area of 4,000 square feet in order to fit all these things. He wants to appease his wife and at least build the white picket fence in front of the house. He plans to build the rest of the fence with chain link, a cheaper material. Given that a white picket fence costs $7 per foot and a chain link fence costs $4 per foot, what dimensions for the entire area will give the cheapest cost for the entire fence

Answers

Answer:

The dimensions for the entire area will give the cheapest cost for the entire fence are 40 feet in front, 100 feet on each side, and 40 feet on bottom.

Explanation:

Since Mrs. Jones always wanted a white picket fence in front of her house, and Mr. Jones, her husband, wants a fence around the entire house including a decently-sized lawn in the front and a garden in the back, and the fence border should look like a rectangle, and I have calculated that he would need to fence off an area of ​​4,000 square feet in order to fit all these things, and he wants to appease his wife and at least build the white picket fence in front of the house, and he plans to build the rest of the fence with chain link, a cheaper material, given that a white picket fence costs $ 7 per foot and a chain link fence costs $ 4 per foot, to determine what dimensions for the entire area will give the cheapest cost for the entire fence, the following calculation should be performed:

Area of ​​a rectangle = base times height = Z x Y = 4,000

80 x 50 = 4,000

40 x 100 = 4,000

20 x 200 = 4,000

20 x 7 x 2 + 200 x 4 x 2 = X = 280 + 1600 = 1880

40 x 7 x 2 + 100 x 4 x 2 = X = 560 + 800 = 1360

80 x 7 x 2 + 50 x 4 x 2 = X = 1120 + 400 = 1520

Therefore, the dimensions for the entire area will give the cheapest cost for the entire fence are 40 feet in front, 100 feet on each side, and 40 feet on bottom.

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