Which of the Following Is a Probability Sampling Technique That

question 21

Multiple Choice

Which of the following is a probability sampling technique that is used to reduce some of the error that can occur with random sampling?

• A)Quota
• B)Stratified
• C)Non-probability
• D)Cluster
• E)Snowball

Assess the impact of corporate social responsibility on competitive advantage.

Recognize the challenges and opportunities posed by globalization for businesses.

Understand the principles of corporate social responsibility.

Compare and contrast the concepts of individualism and collectivism.

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Definitions:

Purchasing Cycle

A sequence of steps or procedures undertaken by a business to acquire goods or services from suppliers.

Merchandising Company

A business that purchases finished products and sells them to consumers without changing the physical form of the goods.

Create Purchase Order

A document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

Receive Inventory

The process of accounting for and physically taking possession of goods or materials ordered from suppliers into a business's warehouse or inventory.