Each of the Following Statements Are True,except That

question 74

Multiple Choice

Each of the following statements are true,except that

• A)increasing the sample size will decrease standard error
• B)the larger the sample size,the larger the standard error
• C)the larger the standard deviation in the population,the larger the standard error
• D)both B and C

---

Definitions:

Technological Environmental Force

Influences in the business environment resulting from changes in technology, impacting how products are produced, marketed, and distributed.

Social Force

Factors arising from societal norms and cultural values that influence individuals' behaviors, attitudes, and interactions within a community.

Environmental Scanning

The systematic process of collecting, analyzing, and using information about external events and trends which can influence an organization's decision-making process.

Potential Trends

Emerging or possible directions in which a given market, technology, or behavior might develop in the future.