If We Want to Obtain a Random Sample of People

question 9

Multiple Choice

If we want to obtain a random sample of people to interview, we could best do so by

• A) drawing random numbers from a table and linking a number to a person.
• B) taking every 10^th name out of the telephone book.
• C) knocking on doors and interview whoever answers.
• D) asking for volunteers.

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Definitions:

Firm Performance

A measure of how well a company is achieving its financial and operational goals, often assessed through metrics like profitability, revenue growth, and market share.

HRM Practice

Human Resource Management practices involve strategies, policies, and systems that manage people within an organization's work environment.

Pay Secrecy

The practice of discouraging or prohibiting employees from discussing their salaries with coworkers.

Focus Strategy

A competitive strategy where a business targets a specific niche in the market, catering to the unique needs of its segment.