Provide an Appropriate Response

question 76

Multiple Choice

Provide an appropriate response.
-The number of violent crimes committed in a day possesses a distribution with a mean of 1.8 crimes per dayand a standard deviation of four crimes per day. A random sample of 80 days was observed, and the samplemean number of crimes for the sample was calculated. The data that was collected in this experiment could bemeasured with a __________ random variable.

• A) discrete
• B) continuous

Recognize the significance of setting goals and objectives within an organization and how they guide managerial decisions.

Distinguish between strategic planning and other planning types.

Identify the roles and impacts of different management functions (directing, planning, staffing, controlling, organizing).

Understand the importance and practices of tactical planning within an organization.

---

Definitions:

Regional Shopping Center

A retail location consisting of 50 to 150 stores that typically attract customers who live or work within a 5- to 10-mile range, often containing two or three anchor stores.

Strip Mall

A retail location consisting of a cluster of neighborhood stores to serve people who are within a 5- to 10-minute drive.

Central Business District

The oldest retail setting, usually located in the community’s downtown area.

Old-Town District

An area within a city known for its historical architecture and often sought after for cultural, tourism, and commercial activities.