Return on Total Assets Is Generally Considered to Be a Better

question 16

True/False

Return on total assets is generally considered to be a better measure of the overall profit performance of a business than is profit margin on sales.

Understand the different schools of thought in industrial relations and their perspectives on efficiency, equity, and voice.

Identify various models and examples of employee voice mechanisms independent of managerial authority.

Analyze the role of government and unions in achieving workplace efficiency, equity, and voice.

Comprehend how societal movements (e.g., Occupy Wall Street) highlight issues of economic and social inequality.

---

Definitions:

Sampling Distribution

The distribution pattern of probabilities for a certain statistic obtained through random sampling.

Alpha (α)

Probability of a statistic used to make the decision whether to reject the null hypothesis.

Sampling Distribution

The chance distribution for a statistic identified from a random sample.

Z-scores

A standard score indicating how many standard deviations an element is from the mean.