Every graduating senior at State University is required to answer the following survey question: "Please use the following scale to indicate your degree of overall satisfaction or dissatisfaction with your educational experience at this university." The response choices are: dissatisfied, slightly satisfied, somewhat satisfied, very satisfied, and extremely satisfied. After collecting the data, analysts at the university found that only 5 percent of the students chose "dissatisfied," while 40 percent chose "slightly satisfied," 35 percent chose "somewhat satisfied," 15 percent chose "very satisfied," and only 5 percent chose "extremely satisfied." In its brochures used to recruit new students, these results were summarized as follows: "The annual survey of student satisfaction indicates that an astounding 95 percent of our graduating seniors reported that they were satisfied with their educational experience at this university." This is an example of:
A) A Pareto chart.
B) The iceberg principle.
C) A fishbone diagram.
D) Sales analysis.
E) The ostrich principle.
Correct Answer:
Verified
Q111: Which of the following statements by a
Q112: The "full-cost approach" to marketing cost analysis:
A)
Q113: Marketing cost analysis is often not given
Q114: Marketing cost analysis shows that one of
Q115: A contribution-margin income statement shows:
A) the contribution
Q117: The iceberg principle suggests that:
A) most competitors'
Q118: A sales manager is trying to determine
Q119: In the _ approach, all costs are
Q120: The text's "full-cost approach" to marketing cost
Q121: Which of the following observations is true?
A)
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