Larry Is Soliciting Proposals from Seven Research Suppliers

question 18

Multiple Choice

Larry is soliciting proposals from seven research suppliers.What is the ethical course of action in this situation?

• A)Inform all companies that theirs is one of seven proposals being solicited.
• B)Inform none of the companies that other proposals are being solicited.
• C)Inform only the losing companies that theirs was one of seven proposals solicited.
• D)Inform only the winning company that theirs was one of seven proposals solicited.

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Definitions:

Probability Sampling

A sampling method in which every member of a population has a known and typically equal chance of being selected for research or survey.

Target Population

The specific group of individuals that a research study or marketing campaign is designed to analyze or reach.

Simple Random Sampling

A statistical sampling technique in which each member of a population has an equal chance of being included in the sample.

Streaming Service

A platform that delivers content, such as music, movies, or television shows, over the internet, enabling users to access it on-demand.