Qualitative Explanations Tend to Be _____ and Quantitative Explanations Tend

question 8

Multiple Choice

Qualitative explanations tend to be _____ and quantitative explanations tend to be _____.

• A)idiographic; idiographic
• B)nomothetic; nomothetic
• C)idiographic; nomothetic
• D)nomothetic; idiographic
• E)deductive; inductive

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Definitions:

Recognition Clause

A provision in a contract that specifies the conditions under which a party acknowledges something as true, such as union recognition in labor contracts.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.

Economic Scale

Economies of scale, which refer to the cost advantages that enterprises obtain due to size, output, or scale of operation.

Critical Factors

Essential elements or conditions necessary for the success of a business or project.