Edwin, a Sales Manager, Just Finished Reading Some Sales Statistics

question 173

Multiple Choice

Edwin, a sales manager, just finished reading some sales statistics comparing his company's performance to that of competitors. The statistics summarize a mass of raw figures into a few meaningful measures that Edwin will use to determine whether he needs to change his sales strategy. The statistics in the printout are

• A) information, while the raw figures used to compute the statistics are data.
• B) data, while the raw figures used to compute the statistics are information.
• C) less useful to Edwin than the raw figures would have been, since summarizing the figures necessarily reduces their accuracy.
• D) an example of how managers have a tendency to oversimplify by reducing complex issues into a few simple numbers.

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Definitions:

Anaerobic Respiration

A form of respiration using electron acceptors other than oxygen. It often occurs in bacteria and in muscle cells where oxygen is scarce.

Aerobic Respiration

The process by which cells convert glucose and oxygen into energy, carbon dioxide, and water.

Chemical Pathway

A series of chemical reactions occurring within a cell that lead to the production of a certain substance or a change in the cell.

Anaerobic Respiration

Anaerobic respiration is a process by which cells produce energy without the need for oxygen, through fermentation or other means.