________ ________ is based on the premise that quantitative measurement is essential to the design of efficient procedures

Fill in the blank with the appropriate word.

Answer: Work measurement

Business

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In marketing research, ________ scales are used to measure relative attitudes, opinions, perceptions, and preferences. In the opening example for Chapter 8, this was shown by the rank order of the most admired companies

A) nominal B) ordinal C) interval D) ratio

Business

For a bank, what has a higher credit risk: a $100 million loan or a $100 million interest rate swap?

What will be an ideal response?

Business