The level of measurement that is simply a label for the purpose of identifying an item which can be used in nonparametric procedures is

a. ordinal measurement.
b. ratio measurement.
c. nominal measurement.
d. interval measurement.

c

Business

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Which system connects a company's ERP system to those of its customers?

a. Application Platform b. Customer Relationship Management (CRM) c. Enterprise Solution d. Product Lifecycle Management (PLM) e. None of the above

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Which of the following would most likely help international businesspeople to forecast future changes in exchange rates?

A) swap transaction B) forward price C) put option D) spot price

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