Alice Zhong Is the VP of Operations at Pearl Financial

question 7

Multiple Choice

Alice Zhong is the VP of Operations at Pearl Financial Services.She wants to measure customer satisfaction after a new website and other changes were introduced a few months ago.For this purpose, she uses random five-digits numbers from the website random.org (which offers true random numbers on the Internet) .This is an example of ______.

• A)simple random sample
• B)systematic sample
• C)convenience sample
• D)stratified sample
• E)cluster sample

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Definitions:

Franchises

Business models where owners license their operations, products, branding, and procedures to independent operators.

Private Sale

The sale of property or goods directly from the owner to a buyer without the use of public auctions or marketplaces.

Commercially Unreasonable

Actions or decisions in business that are not justifiable from a commercial standpoint, often leading to disputes.

Bona Fide Purchaser

An individual who purchases an item in good faith, without knowledge of any existing claims or defects on the property.