Parris Laboratories has ordered production materials and equipment needed to make its new slow-release chlorine emulsion for swimming pools in its Rossville plant. Which stage of new-product development is Parris Laboratories entering?

a. diffusion analysis
b. commercialization
c. product prototyping
d. business analysis

Ans: b. commercialization

Business

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The purpose of control charts for variables is to ensure that historical output is random.

a. TRUE b. FALSE

Business

A salesperson is paid a commission by broker and taxes are NOT withheld. What type of relationship would this be?

A. Broker/independent contractor. B. Employer/employee. C. Employee/ customer. D. Principal/agent.

Business