Alice Zhong Is the VP of Operations at Pearl Financial

question 68

Multiple Choice

Alice Zhong is the VP of operations at Pearl Financial Services.She wants to measure customer satisfaction after a new website and other changes were introduced a few months ago.For this purpose,she instructs her staff to prepare a questionnaire and send it to the first 200 clients in their alphabetical list of active clients.This is an example of ______.

• A) simple random sample
• B) systematic sample
• C) convenience sample
• D) stratified sample
• E) cluster sample

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Definitions:

Loss-Minimizing

A strategy aimed at reducing the negative impact or minimizing the losses in a business operation or an investment.

Quantity

The amount or number of a material or immaterial good or service.

Units

Basic quantities considered as a standard of measurement for physical quantities.

Profit-Maximizing

The method used by a company to identify the pricing and production quantities that maximize its profits.