Advocates of the ________ school of social responsibility for business argue that business entities have a responsibility to act in a manner that benefits all of society
A) regulation
B) professional obligation
C) managerial
D) institutional
D
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Which of the following statements is not true about the currency of secondary data?
A) The time lag between data collection and publication may be long. B) The value of secondary data is diminished as it becomes dated. C) The data may not be updated frequently enough for the problem at hand. D) All of the above are correct.
Students arrive randomly at the help desk of the computer lab. There is only one service agent, and the time required for inquiry varies from student to student
Arrival rates have been found to follow the Poisson distribution, and the service times follow the negative exponential distribution. The average arrival rate is 12 students per hour, and the average service rate is 20 students per hour. On average, how long does it take to service each student? A) 1 minute B) 2 minutes C) 3 minutes D) 5 minutes E) 20 minutes