A Large Restaurant Contracts with a Local Laundry to Wash

question 72

Multiple Choice

A large restaurant contracts with a local laundry to wash white napkins. The laundry returns the napkins in bundles of 100 napkins. The restaurant randomly samples 10 napkins from each bundle to make sure that the napkins are clean with no stains or other defects. By sampling only 10 of the napkins,the restaurant may conclude that all of the napkins are clean and use the bundle,even when the napkins are actually dirty and should not be used. This sampling risk is called ________.

• A)producer's risk
• B)uncertainty
• C)consumer's risk
• D)inspection risk

---

Definitions:

Objectives

Statements of an accomplishment of a task to be achieved, often by a specific time. Also called goals.

Marketing Goal

A specific, measurable, attainable, relevant, and time-bound objective that guides marketing strategies and efforts.

Target Market

A specific group of potential customers identified by a business as the recipients of their marketing efforts, who are most likely to buy their products or services.

Marketing Program

A comprehensive plan that integrates various marketing strategies to promote products or services effectively.