In Which of the Following Situations Would It Be Useful

question 42

Multiple Choice

In which of the following situations would it be useful to test for differences between two groups?

• A)A retailer wishes to know if customer satisfaction is different between in-store vs.online shoppers.
• B)A beverage company wants to know if a new beverage concept differs between users vs.nonusers of the current brand.
• C)A department store wishes to know the differences between online catalogs vs.mail order catalog shoppers.
• D)A state university wants to know is there is a significant difference in GPA between undergradu-ate and graduate students.
• E)All of these situations would benefit from tests for differences between two groups.

Understand the concept of self-directed work teams and their dynamics.

Differentiate between constructive conflict and problems such as groupthink in teams.

Understand the reasons for joining and the benefits of participating in informal groups.

Describe various types of teams and their characteristics, such as task forces and skunkworks teams.

---

Definitions:

Entrepreneur

An individual who starts, organizes, manages, and assumes the risks of a business or enterprise, often innovating and creating new products, services, or business models.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to buy at different price levels, over a specific time period.

Economic Resource

An asset used to produce goods and services that can provide economic benefit.

Money Balances

Refers to the amount of money held by an individual or entity in the form of cash or bank deposits.