Milestone One Quiz: Central Tendency and Business Analysis

2-1 QUIZ: MILESTONE ONE PRE-CHECK Question 1 (1.5 points) Saved |=| @ Listen | » | The point at which half of the numbers are larger and half are smaller is the definition of which measure of central tendency? Select one. Q Mode O Variance Q Mean @ Median Question 2 (1.5 points) Saved |=| @ Listen | » | Which of the following can best be defined as the ability of an organization to generate higher profits compared to its rivals? Select one. @ Competitive advantage O Employer advantage O Client advantage O Unique value

Question 3 (1.5 points) + Saved In the context of organizational behavior, the systematic and comprehensive process of making objective, unbiased assessments of facts when forming a judgment is known as which of the following? Select one. O Emotional intelligence O Industrial engineering O Contingency thinking @ Critical thinking, O Effective management Question 4 (1.5 points) Saved Which of the following statements best describes the term internal analysis? Select one. O It examines the emotions of a firm's employees in order to identify their weaknesses. O It studies the infrastructure of a company to gauge the number of employees it can recruit. It examines the efficiency of employees with the help of standardized tests and group discussions. It examines a company’s resources and capabilities to determine a firm’s ability to deliver unique value.

Question 5 (1.5 points) + Saved Using graphical data representation provides a great opportunity to visualize data so that it conveys a particular point of view. (o) True () False Question 6 (1.5 points) Saved A chart that uses vertical or horizontal bars whose length corresponded to the frequency of each category most accurately defines which of the following? Select one. O Frequency histogram () Pie chart (e) Bar chart O Line graph

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Question 7 (1.5 points) + Saved When calculating the mean, the Greek letter u (mu) represents what? (©) Number of measurements O Sample mean @ Population mean () Variance Question 8 (1.5 points) Saved Sorting the data from smallest to largest is a useful first step that makes calculating which measure(s) of central tendency easier? Select one. (e) Both Median and Mode (O) Mode () Median () Mean

Question 9 (1.5 points) + Saved The goal of a strategic business plan is which of the following? Select one. O Improve employee morale @ Create competitive advantage O Create a monopolistic market O Drive competitors out of business Question 10 (1.5 points) Saved Organizational behavior is an interdisciplinary body of knowledge with strong ties to psychology, sociology, and anthropology. (o) True () False

2-1 QUIZ MILESTONE ONE PRE-CHECK

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