Ordinal Scales Classify Data into a Rank or Order of Magnitude

question 63

True/False

Ordinal scales classify data into a rank or order of magnitude.

---

Definitions:

Labor Pool

The supply of available workers in a particular area or sector.

Location

Refers to a specific place or position where something exists or operates.

Direct Channels

Routes through which a company sells its products directly to its customers without any intermediaries involved.

Dual Distribution

The use of two or more channels to distribute the same product to the same target market.