What Type of Data Is Produced by Simple Category Scales

question 18

Multiple Choice

What type of data is produced by simple category scales?

• A) Nominal
• B) Ordinal
• C) Interval
• D) Ratio
• E) Nominal and interval

Understand the repercussions of attempting to rapidly pay off the national debt and the effects of fiscal policy measures during recessionary periods.

Understand the factors influencing creativity and motivation.

Differentiate between exploitative innovation and other forms of innovation.

Recognize and apply the steps in the decision-making model.

---

Definitions:

Joint Venture

A business arrangement in which two or more parties agree to combine their resources for accomplishing a specific task or project.

Partnership

A business organization in which two or more individuals manage and operate the business in accordance with the terms and objectives set out in a partnership deed.

Differences

Variations or disparities between things or individuals, noting contrasts in characteristics or qualities.

Management Rights

The authority granted to employers to run their businesses and make decisions regarding the workplace without interference from labor unions or employees.