Which of the Following Scenarios Would Most Likely Require a Scientific

question 95

Multiple Choice

Which of the following scenarios would most likely require a scientific experiment?

• A)A research firm wants to find out how many parents plan to send their children to private schools.
• B)A company wants to measure reactions to the price of a new flavored vitamin water product to learn how much consumers would be willing to pay.
• C)A student wants to find out how a business leader got his start in the industry.
• D)A development team has to decide which of four possible locations would be best for a new fast-food restaurant.

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Definitions:

Legal Control

The power or authority to direct the management and policies of a company or organization, typically through ownership of voting shares or by contract.

Trade Payables

Money owed by a business to its suppliers or creditors for goods and services purchased on credit.

Financial Manager

A professional responsible for the financial health of an organization, involving financial planning, management of financial risks, and financial report analysis.

Marketable Securities

Financial instruments that can be easily bought or sold on public exchanges or markets due to their high liquidity and short-term maturity.