A Demographic Question Like,"On a Scale of 1 to 5,how

question 43

Multiple Choice

A demographic question like,"On a scale of 1 to 5,how does Starbucks rate on variety of its coffee drinks?" should have which of the following central tendency measure for the responses?

• A)mode
• B)variance
• C)median
• D)range
• E)mean

Gain knowledge of the social responsibility of businesses towards the community.

Comprehend the relationship between law, ethics, and business practices including statutory limitations.

Distinguish between business ethics and general ethics.

Differentiate between stakeholders and shareholders and understand their roles in business decisions.

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Definitions:

Widgets

A generic term often used to refer to any product or manufactured item, used in discussions or examples about production and sales.

Overhaul

A comprehensive examination and repair of machinery or systems to ensure they operate efficiently.

Mortgage

A loan specifically used to purchase real estate, where the property itself serves as collateral until the debt is fully repaid.

Upgrade Cost

The expense associated with making improvements or enhancements to assets, such as equipment or software, to increase their value or efficiency.