Refer to the Following Breakdown of Responses to a Survey

question 24

Multiple Choice

Refer to the following breakdown of responses to a survey of room service in a hotel: What type of chart should be used to show relative class frequencies?

• A)A pie chart
• B)A bar chart
• C)A histogram
• D)A frequency polygon

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Definitions:

80/20 Rule

A principle stating that 80% of effects come from 20% of causes, often applied to business and economics to focus on the most productive inputs.

Customer Relationships

The ongoing interactions and engagements a company maintains with its customers to foster loyalty and satisfaction.

Data Collection Techniques

These are methods used to gather information from various sources, including surveys, interviews, observations, and existing databases.

Marketing Strategy

A company's plan for promoting and selling its products or services, including market research, advertising, and sales tactics.