A Consumer Reports Study on Tipping Takes into Consideration Median

question 1

Multiple Choice

A Consumer Reports study on tipping takes into consideration median amount of tipping for service providers.Tipping ______________________________ .

• A)is a nominal variable
• B)is a categorical variable
• C)is a quantitative variable
• D)is an ordinal variable
• E)is an irrelevant variable

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Definitions:

Residual Income

A measure of performance and profitability calculated as the net operating income after deducting a charge for the cost of capital.

Investment Centre Performance

An evaluation of a business unit's profitability and efficiency in managing its assets to generate profits.

Organisation's Minimum Required Rate Of Return

The lowest acceptable return on investment that an organization deems necessary, reflecting its risk tolerance and financial objectives.

Capital Invested

The total amount of money that has been put into a company's projects, assets, or business endeavors to generate growth or profits.