What is the one acute problem of dichotomous questions?

A) There is potential for position bias.
B) It is difficult to obtain information on alternatives not listed.
C) The response can be influenced by the wording of the question.
D) none of the above

C

Business

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Anna decides to add new sales representatives and increase advertising to increase sales in her existing market for her current line of security systems. Anna is pursuing a ________ growth strategy.

A. Market penetration B. Market development C. Product development D. Diversification

Business

What is their cost for holding all types of inventory if they order optimally?

Kushie's Coffee in Bangalore is a quaint establishment nestled near MG Road in the central business district. It serves coffee and fruit cake to a clientele that has been enjoying these products for over fifty years. The demand for coffee beans is 6600 cases per year (each case has 24 ten-pound bags). It would be disastrous for them to run out of coffee, so they keep a safety stock of 30 cases. The cases cost $4800 and it costs $5 per case to order coffee. As coffee is a perishable product, the holding cost is fairly high at $40/case/year. The lead time to receive an order is seven days. Kushie's is open 300 days a year.

Business