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Convenience Sampling Is the Least Expensive and Least Time Consuming

question 85

True/False

Convenience sampling is the least expensive and least time consuming of all sampling techniques.


Definitions:

Profit-Sharing

A plan that distributes to employees a proportion of net profits earned by the organization.

Gain-Sharing

An incentive plan that rewards employees for their contributions to the company's success through improvements in productivity and cost savings.

Group Payout

Refers to a system of compensation based on the performance of a group or team, rather than individual performance alone.

Family-Friendly Benefits

Work benefits designed to support employees' needs regarding their family responsibilities, such as flexible working hours and parental leave.

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