Author Question: Some industrial products are created to meet the needs of one or a small group of customers. Boeing, ... (Read 104 times)

Chloeellawright · **on:** Jun 28, 2018

Some industrial products are created to meet the needs of one or a small group of customers. Boeing, for example, serves a very defined group of customers with its 747 aircraft model. This is an example of:
a. a proprietary product.
b. a specialty product.
c. a custom-built product.
d. a custom-designed product.
e. a catalog product.

Question 2

Which of the following statements is NOT valid?
a. Panel data is less vulnerable to the recall errors associated with reporting past behavior than cross-sectionaldata.
b. Panel data can be gathered via longer and more arduous interviews than cross-sectional data.
c. Panel data can provide more accurate and detailed classification information on sample members than othercommon means of data collection.
d. Panel data are particularly useful in the study of dual-career couples.
e. Panel data can be used to reveal changes in members' behavior.