Clemente Santiago Has Formed a Business That Sells Carved Gourmet

question 26

Multiple Choice

Clemente Santiago has formed a business that sells carved gourmet coconuts.He has hired five employees.The most senior is Mary,who manages the carving process.Jane is the newest employee.She collects the coconuts.Joe takes calls from unhappy customers.Tom tosses finished coconuts into the sea,sending them to the wholesaler.Annie sends letters to the wholesaler extolling the virtues of the latest production run of nuts that are drifting across the bay.
Which of the following functions in the value chain is Tom performing?

• A)Inbound logistics
• B)Operations
• C)Outbound logistics
• D)Marketing and sales
• E)Service

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Definitions:

Correlation Coefficient

A statistic that indicates the strength and direction of a relationship between two variables.

Chance Fluctuation

Random variations in data or processes that are not due to any specific cause, often considered in statistical analyses.

File Drawer Problem

The bias introduced into scientific literature when studies with positive results are more likely to be published than studies with negative or non-significant findings.

Replication

refers to the process of conducting a study or experiment again with the aim of verifying the results obtained in a previous research.