Prospect says "Your price is too high!." Get the client to justify that statement. You answer, "Compared to what?"

Indicate whether the statement is true or false.

Ans: True.

Business

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Identify the approach to performance measurement that meets the following criteria: usually low fit with strategy, usually low validity, usually low reliability, high acceptability, and very low specificity.

A. Comparative B. Attribute C. Behavioral D. Results E. Quality

Business

In time studies, normal time is:

A) average observed time multiplied by a performance rating factor. B) larger than standard time. C) determined by historical experience. D) converted to standard time by the performance rating factor. E) one hour later during the summer months.

Business