In general, the further up the supply chain a company is (or the further they are from the consumer),
A) the greater the distortion of information they receive.
B) the smaller the distortion of information they receive.
C) the information they receive is more accurate.
D) the information they receive is more useful.
Answer: A
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Which of the following sampling methods is the most statistically efficient (the most representative)?
a. simple random b. systematic random c. stratified random d. cluster e. All are equally statistically efficient.
Which of the following is true of the UCC (Uniform Commercial Code)?
A) The UCC aims to create a uniform system of accounting among the 50 states. B) The common law of contracts normally takes precedence over the provisions of the UCC. C) Article 2 of the UCC prescribes a set of uniform rules for the creation and enforcement of rules of taxation. D) Article 2A of the UCC prescribes a set of uniform rules for the creation and enforcement of contracts for the lease of goods.