QUESTION IMAGE
Question
true/false - a true, b false
- eavesdrop communications just finished a telephone survey of several of their current customers. they plan to conduct in - depth personal interviews with about twenty additional customers. both the telephone survey and the interviews are sources of primary data for eavesdrop.true false
- market segmentation is the process of dividing a market into several groups whose members in the groups have dissimilar characteristics.true false
- demographic segmentation divides a market into segments based on the customers location.true false
- only firms in the manufacturing sector can create true form utility.true false
- facility location is the process of selecting a geographic location for a companys operations.true false
- process manufacturing refers to combining components and raw materials to make a product.true false
- the sense of internal satisfaction you get when you achieve an important goal is an intrinsic reward.true false
- since all motivation comes from within an individual, there is little that managers can do to help motivate employees.true false
- mark successfully completed a very challenging assignment given to him by his supervisor at work. the feeling of accomplishment and satisfaction mark experiences is an example of an extrinsic reward.true false
- one way to help ensure the long - term success of a firm often depends on its ability to control employee costs and optimize employee efficiency.true false
- expenditures for companies on fringe benefits have declined as a percentage of total payroll costs over the past several decades.true false
- fringe benefit payments account for about thirty percent of payroll costs today.true false
- a lockout is a tactic utilized by unions when collective bargaining breaks down.true false
- the strike historically has been the most powerful weapon unions use to achieve their objectives in labor disputes.true false
- when a company implements a telephone or online survey, this is an example of primary data collection.true false
Brief Explanations
- Primary data is collected directly from the source. Telephone surveys and in - depth interviews are direct methods of data collection.
- Market segmentation divides a market into groups with similar characteristics, not dissimilar.
- Demographic segmentation is based on factors like age, gender, income, etc., not location (which is geographic segmentation).
- Service - based firms can also create form utility (e.g., a tailor creating a custom - fit suit).
- Facility location is indeed about selecting a geographic location for a company's operations.
- Process manufacturing is about transforming raw materials through a series of processes, not just combining components.
- An intrinsic reward is an internal feeling of satisfaction, which matches the description.
- Managers can create an environment that enhances motivation (e.g., through goal - setting, recognition).
- The feeling of accomplishment is an intrinsic reward, not extrinsic (which is an external reward like money).
- Controlling employee costs and optimizing efficiency are important for long - term firm success.
- Fringe benefit expenditures as a percentage of payroll costs have generally increased over time.
- Fringe benefit payments account for a significant portion (around 30% or more in many cases).
- A lockout is a tactic used by employers, not unions.
- Historically, strikes have been a powerful weapon for unions in labor disputes.
- Telephone or online surveys are primary data collection methods as they gather original data.
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