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A Travel Weekly International Air Transport Association survey asked business travelers about the purpose for their most recent business trip. 19% responded that it was for an internal company visit. Suppose 950 business travelers are randomly selected.
a. What is the probability that more than 20% of the business travelers say that the reason for their most recent business trip was an internal company visit?
b. What is the probability that between 18% and 20% of the business travelers say that the reason for their most recent business trip was an internal company visit?
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The tsunami in Japan that caused the nuclear meltdown at Fukushima also caused major disruptions in the automotive supply chain.
How does the article suggest that business thinking and practice has evolved since the exhortations for business process re-engineering.
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