In Terms of Specification,which of the Following Statements About Nominal

question 32

Multiple Choice

In terms of specification,which of the following statements about nominal definitions is FALSE?

• A)Nominal definitions do not claim that the definition represents a "real" entity.
• B)Nominal definitions typically represent some consensus about how a term is used.
• C)Nominal definitions specify precisely how a concept will be measured.
• D)Nominal definitions assign a definition to a concept.
• E)Nominal definitions are arbitrary.

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Definitions:

Regional Sales Team

A regional sales team is a group of sales professionals responsible for managing and growing sales within a specific geographic area or region.

Cash Discount

A reduction in the invoice price offered by sellers to buyers as an incentive for early payment.

Stated Period

A specific time frame that has been mentioned or defined.

Pays Bills

The responsibility of managing and settling financial liabilities such as invoices or debts, often referring to the operational costs of running a business.