What is meant by a representative sample?
What will be an ideal response?
a sample that exhibits characteristics typical of those possessed by the population of interest
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Describe the factors that should be considered in developing new products for international markets with particular emphasis on the consequences for not adequately testing new products
What will be an ideal response?
The Palladian government required that all imported products that came from Lovaskiya be checked by Palladian customs inspectors. The inspection was done at a container freight station that was both remote and poorly staffed
This delayed the Lovaskiyan consignment from reaching the consumers in Palladia. The inspection strategy adopted by the customs officers in Palladia is an example of a(n): A. antidumping policy. B. voluntary export restraint policy. C. administrative trade policy. D. monopolistic competition policy. E. tariff rent policy.