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Classifying People into Two or Three Types Is More Informative

question 88

True/False

Classifying people into two or three types is more informative than rating people on a list of traits.


Definitions:

Sales Revenue

The gross income from selling products or services, prior to deducting any costs.

FOB Shipping Point

A shipping term indicating that the buyer is responsible for the goods and the shipping cost as soon as the goods leave the seller's premises.

FOB Destination

A shipping term indicating that the seller is responsible for the goods and the shipping cost until the goods reach the buyer's specified location.

Inventory

The goods and materials that a business holds for the ultimate goal of resale or production.

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