A recent issue of Fortune Magazine reported that the following companies had the lowest sales per employee among the Fortune 500 companies. 
a.How many elements are in the above data set?
b.How many variables are in the above data set?
c.How many observations are in the above data set?
d.Name the variables and indicate whether they are categorical or quantitative.
Definitions:
Long-term Decisions
Decisions that impact an organization over an extended period, usually beyond one year, involving investments, strategic direction, and structural changes.
Discount Rate
The interest rate used in discounted cash flow analysis to determine the present value of future cash flows or investments.
Present Value
The present value of a future amount of money or series of cash flows, considering a certain return rate.
Time-adjusted Rate
A discount rate modified to account for the time value of money, often used in discounted cash flow analysis to determine present value.
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