A statistic that describes a location within a data set is a ________

An industry analysis is critical to better understand a firm's financial position because:

A) it provides insight into how the firm's financial needs might change as industry conditions change. B) it helps identify the key risks and opportunities facing the firm. C) it provides better insight into how maximize the firm's current financial position relative to its competitors. D) All of the above.

The primary difference between a layoff and a discharge is:

A) a layoff is an involuntary separation and a discharge is a voluntary separation. B) a layoff is a voluntary separation and a discharge is an involuntary separation. C) a discharge occurs when the company's strategy forces it to reduce its workforce and a layoff occurs when there is a poor fit between the employee and the organization. D) a layoff occurs when the company's strategy forces it to reduce its workforce and a discharge occurs when there is a poor fit between the employee and the organization.