If a Study Is High in External Validity, Then ____

question 56

Multiple Choice

If a study is high in external validity, then ____.

• A)the findings are likely to generalize to other people and other settings
• B)the researcher can conclude that there is a cause-and-effect relationship
• C)participants are exposed to only one level of the independent variable
• D)participants are exposed to all levels of the independent variable

Understand the importance and method of estimating sales and cash receipts for budgeting purposes.

Grasp the concept of budget revision methods including continuous and rolling budgets.

Identify the purposes and impacts of both operating and capital expenditure budgets on financial planning.

Understand the principles and practices of effective budget preparation and control.

---

Definitions:

Glocalization Strategy

The practice of conducting business according to both local and global considerations.

Standardized Restaurants

Establishments that follow a set template or formula in terms of menu, design, and operating procedures, often part of a larger chain.

Differentiating Products

The strategy of making a product or service stand out from competitors by emphasizing unique features or attributes.

Product Positioning

The strategic process of establishing a brand or product in the market to differentiate it from competitors, targeting specific consumer preferences.