The Data Referred to in This Question Were Collected from Several

question 78

Multiple Choice

The data referred to in this question were collected from several sales districts across the country.The data represent sales for a maker of asphalt roofing shingles.Information on the following variables is available. Partial SPSS regression output of a multiple regression model with sales as the response variable and the other four variables as predictor variables are given below. Which of the four explanatory variables seems to be the least significant in the model?

• A)Expenditures
• B)Accounts
• C)Competing brands
• D)District potential

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Definitions:

Standing Plans

Pre-established procedures and guidelines designed to be implemented repeatedly in situations that occur frequently within an organization.

Single-use Plans

Plans developed to achieve a set of goals that are unlikely to be repeated in the future. They are specific, unique, and not intended for recurring use.

Functional Plans

Functional plans are detailed strategies developed for specific areas within an organization, such as sales, marketing, or HR, outlining how goals will be achieved in those areas.

Operational Plans

Detailed, short-term strategies designed to achieve specific objectives within a business.