The normal approximation to the sign test is acceptable if the sample size exceeds 15

A firm that follows a low cost leadership strategy

a. Must heavily discount its prices. b. Must command prices near the industry average. c. Must focus on providing exceptional quality and service. d. All of the above. e. None of the above.

HR Solutions, Inc (HRSI)

is a human resources management company that specializes in helping small companies learn the right ways of handling human resources issues and activities. The company teaches the different activities that are involved in HR management, as well as teaching companies how to plan for the future. HRSI even helps companies downsize without having their reputations suffer. However, according to HRSI, an ideal situation would be one where all companies downsize simply by attrition. Another main objective of HRSI is to increase cultural diversity within every organization that it helps. HRSI management believes that this diversity is the key to the introduction of successful new ideas into any organization. HRSI is in the process of hiring new employees. This is a critical decision for the company because it is supposed to be the expert on this issue. Once the selection is done, HRSI will need to train its employees effectively so that they will be able to maintain the good image of the company. Refer to HR Solutions, Inc HRSI hopes that all companies can downsize simply by attrition, a word that, in this context, refers to A) increasing quality. B) being dismissed from the workforce. C) people leaving the company. D) retiring early because employees are within a few years of retirement anyway. E) an increasing amount of work per employee.