A Marketing Class of 50 Students Evaluated the Instructor Using

question 38

Multiple Choice

A marketing class of 50 students evaluated the instructor using the following scale: superior,good,average,poor,or inferior. The descriptive summary showed the following survey results: 2% superior,8% good,45% average,45% poor,and 0% inferior.

• A)The instructor's performance was great!
• B)The instructor's performance was inferior.
• C)Most students rated the instructor as poor or average.
• D)No conclusions can be made.

---

Definitions:

Guaranteed Price

A price assured by one party to another, often used in contracts to specify the minimum payment that will be received for goods or services.

Confirmation Letter

A written communication that verifies and confirms the details of a previous agreement or conversation.

Oral Agreement

An agreement between parties that is made through spoken words and is legally binding though not recorded in written form.

Recover Cost

entails obtaining reimbursement for funds that have been expended for a specific purpose, often through legal or contractual means.