The size of the organization impacts the complexity of the MIS design.Question $7$ options:TrueFalse The organizational buying decision process has the same five steps as the consumer buying decision process.Question $8$ options:TrueFalseQuestion $9(0\mathrm{.}5$ points$)$ Every product category goes through five stagesdevelopment, introduction, growth, maturity, and declineand the product strategy changes with each stage.Question $9$ options:TrueFalseQuestion $10(0\mathrm{.}5$ points$)$ The structure of a channel refers to the combination of two thingsthe number of channels of distribution the organization needs to have between it and consumers $($or business customers$)$ and the number of channel members in each of the channels.Question $10$ options:TrueFalseQuestion $11(0\mathrm{.}5$ points$)$ The Bill of Rights protects individuals, but not business entities, against various types of interfer$$ence by the government.Question $11$ options:TrueFalseQuestion $12(0\mathrm{.}5$ points$)$ An independent contractor is also considered an employee of the person for whom work is being done.Question $12$ options:TrueFalseQuestion $13(0\mathrm{.}5$ points$)$ Article $2$ of the Uniform Commercial Code $($UCC$)$ does not cover services, real estate, or gifts.Question $13$ options:TrueFalseQuestion $14(0\mathrm{.}5$ points$)$ The Securities Act of $1994$ and the Securities Act of $2001$ are designed to protect investors from deceptive, unfair, and manipulative practices when buying or selling securities$.$Question $14$ options:TrueFalseQuestion $15(0\mathrm{.}5$ points$)$ Federal law has exclusive rights to enact and enforce environmental laws.Question $15$ options:TrueFalseQuestion $16(0\mathrm{.}5$ points$)$ There is an accepted universal leadership style for all situations.Question $16$ options:TrueFalseQuestion $17(0\mathrm{.}5$ points$)$ If you value open communications as a leader, one way of showing that is to admit you personally made a mistake.Question $17$ options:TrueFalseQuestion $18(0\mathrm{.}5$ points$)$ One way to describe an organizational vision is an organization's short$-$term contribution and impact on society in general.Question $18$ options:TrueFalseQuestion $19(0\mathrm{.}5$ points$)$ Management has a legal and ethical responsibility to report finances as accurately as possible.Question $19$ options:TrueFalseQuestion $20(0\mathrm{.}5$ points$)$ Recognition is critical to collaborative success.Question $20$ options:TrueFalseQuestion $21(0\mathrm{.}5$ points$)$ Managers need not consider risk in the decision$-$making process.Question $21$ options:TrueFalseQuestion $22(0\mathrm{.}5$ points$)$ Factors such as price, product quality, and advertising that are out of the control of the firm are endogenous variables.Question $22$ options:TrueFalseQuestion $23(0\mathrm{.}5$ points$)$ In perfect competition, so many companies deal in the same good or service that a single company does not have any influence over the price of the good or service.Question $23$ options:TrueFalseQuestion $24(0\mathrm{.}5$ points$)$ Antitrust laws are designed to prevent companies from using their market power against consumers and other companies.Question $24$ options:TrueFalseQuestion $25(0\mathrm{.}5$ points$)$ Market failure is a situation in which a competitive market does not allocate enough resources or allocates too many resources for the production of certain goods and services.Question $25$ options:TrueFalseQuestion $26(0\mathrm{.}5$ points$)$ Measures of variability are used in conjunction with measures of central tendency to more fully describe the data.Question $26$ options:TrueFalseQuestion $27(0\mathrm{.}5$ points$)$ Discrete distributions are collections of data in which all values are integers.Question $27$ options:TrueFalseQuestion $28(0\mathrm{.}5$ points$)$ The use of a sample from available data is a hindrance in statistical analysis.Question $28$ options:TrueFalseQuestion $29(0\mathrm{.}5$ points$)$ The fundamental distinction between simple and multiple regression is the number of dependent variables.Question $29$ options:TrueFalseQuestion $30(0\mathrm{.}5$ points$)$ Time$-$series methods use cause$-$and$-$effect logic to describe the behavior of a system in response to one or more factors.Question $30$ options:TrueFalseQuestion $31(0\mathrm{.}5$ points$)$ To compete on cost or price, a company has to walk through the process and get rid of any non$-$value$-$added procedures.Question $31$ options:TrueFalseQuestion $32(0\mathrm{.}5$ points$)$ Capacity Planning is the process of determining how much capacity a company has at the present and how much capacity is needed in the future to meet customer demand.Question $32$ options:TrueFalseQuestion $33(0\mathrm{.}5$ points$)$ Six Sigma can be used as a continuous process improvement and quality tool.Question $33$ options:TrueFalseQuestion $34(0\mathrm{.}5$ points$)$ Just$-$in$-$Time finds its origins in W$.$ Edward Deming's concept of the Toyota Production System, which he called Lean.Question $34$ options:TrueFalseQuestion $35(0\mathrm{.}5$ points$)$ The Theory of Constraints postulates that every system has a constraint, or a bottleneck, which restricts the flow through the system.Question $35$ options:TrueFalseQuestion $36(0\mathrm{.}5$ points$)$ Asset management ratios measure how effectively a firm is managing its assets.Question $36$ options:TrueFalseQuestion $37(0\mathrm{.}5$ points$)$ The value of a share of common stock is a function of the dividends expected and the possible price appreciation.Question $37$ options:TrueFalseQuestion $38(0\mathrm{.}5$ points$)$ The best proxy for the risk free rate of return is the rate on Treasury bonds.Question $38$ options:TrueFalseQuestion $39(0\mathrm{.}5$ points$)$ A diversified portfolio can eliminate the risk of the individual securities$.$Question $39$ options:TrueFalseQuestion $40(0\mathrm{.}5$ points$)$ A basic premise in finance is to collect cash as soon as possible and delay payments as long as possible.Question $40$ options:TrueFalseQuestion $41(0\mathrm{.}5$ points$)$ A project manager is given full responsibility of a project.Question $41$ options:TrueFalseQuestion $42(0\mathrm{.}5$ points$)$ The purpose of developing a project scope management plan is to ensure that the project includes all of the work required.Question $42$ options:TrueFalseQuestion $43(0\mathrm{.}5$ points$)$ Increasing the probability and impact of negative events is one of the objectives of Project Risk ManagementQuestion $43$ options:TrueFalseQuestion $44(0\mathrm{.}5$ points$)$ The project scope statement and resource calendars are inputs to developing a project schedule.Question $44$ options:TrueFalseQuestion $45(0\mathrm{.}5$ points$)$ The project sponsor is responsible for reviewing change requests and approving or rejecting the change requests.Question $45$ options:TrueFalseQuestion $46(0\mathrm{.}5$ points$)$ Most entrepreneurs don't know why or how to write a business plan.Question $46$ options:TrueFalseQuestion $47(0\mathrm{.}5$ points$)$ Being the first to offer a particular product or service assures business success.Question $47$ options:TrueFalseQuestion $48(0\mathrm{.}5$ points$)$ A business plan is a "living" document, which means it will not need to be revised in the future.Question $48$ options:TrueFalseQuestion $49(0\mathrm{.}5$ points$)$ Human capital is critical to the success of any organization whether larger or small.Question $49$ options:TrueFalseQuestion $50(0\mathrm{.}5$ points$)$ Cash flow reflects the relative movement of money into or out of the business.Question $50$ options:TrueFalse