Which of the following is true of P-time and M-time?
A. The American desire to get down to business is a manifestation of a P-time culture.
B. The M-time system gives rise to looser time schedules.
C. M-time is characterized by the simultaneous occurrence of many things.
D. As global markets expand, more businesspeople from P-time cultures are adapting to
M-time.
E. Interruptions are routine for M-time businesspeople.
A toy manufacturer conducted a survey to estimate the market demand for its
specialized wood-based toys in a foreign country. For the survey, it interviewed all the
households of the four largest cities of that country without making any distinction
between those with children and those without. The market demand forecast based on
this survey failed to match the actual demand for the toys. Which of the following is the
most likely reason for this failure?
A. Difficulty in defining the research objective.
B. Unwillingness of the respondents to reply to survey questions.
C. Difficulty in translating the responses.
D. Inappropriate sample selection.
E. Lack of appropriate methods for analyzing the data.