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Nataly [62]
3 years ago
11

A well-known fast food restaurant chain was interested in how satisfied the employees were in working for the company. They deci

ded to conduct a survey of the employees to ask about their satisfaction level. Knowing that attitudes may be different between males and females in regards to satisfaction, the company decided to get a random sample of 1000 male and 1000 female employees to send surveys to. What kind of sampling design is being described?
Business
1 answer:
koban [17]3 years ago
6 0

Answer: The quesion describes the stratified sampling.

Explanation: In this type of sampling design, the workers are divided in groups with a similar characteristic, so they are differenced by their sex, or gender, which are male and female. An equal sample size must be respect.

You might be interested in
Departmentalizing decisions increases the risk of __________ leading to a poor decision.
MAXImum [283]

Answer:

Bounded Rationality

Explanation:

To begin with, it is essential to understand the concept of departmentalization.

Departmentalization centers on the idea that departments/divisions within an organization are grouped and/or sectioned, using some identified benchmarks. In extension, Departmentalizing, is simply the acts of engaging in departmentalization.

Bounded rationality, is a phenomenon that states that human reasoning and extension, logic could be threatened by a number of constraints. The constraints here could be human, material and physical resources. The implication is that an individual is not in possession of full details and information that could influence or shape his position.

Hence, by departmentalizing, an organization has placed a constraint on the amount of information accessible to that department, under the bigger context of an organization. Thus, the departments' rationality has been bounded and this could ultimately spiral into poor decision making, principally because of lack of detailed information.

6 0
3 years ago
Read 2 more answers
Messing Company has an agreement with a third-party credit card company, which calls for cash to be received immediately upon de
olasank [31]

Answer:

Thee jounal entry for January 1 of Messing Company is done below.

Explanation:

3.5% * 4000 = 140

Date                Account Titles                                                Dr             Cr

Jan 1           Cash                                                                $3,860

                   Credit Card Expense                                        140

                          Sales Revenue                                                           4,000

4 0
3 years ago
Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
Nataly_w [17]
Suppose GetThere Airlines increases their ticket price to $200+10n = 10(20+n)$ dollars. Then the number of tickets they sell is $40,000-1000n = 1000(40-n)$ .<span> Therefore, their total revenue is
</span>
$$10(20+n)\cdot 1000(40-n) = 10000(20+n)(40-n) = 10000(800+20n-n^2).$$

This is maximized when $n=-\left(\frac{20}{2\cdot(-1)}\right)=10$ .<span> Therefore, they should charge </span><span>$200+10\cdot 10 = \boxed{300}$</span><span> dollars per ticket.</span>
6 0
3 years ago
The reason fast food restaurants often are found in close proximity to each other is a. they enjoy competition b. location clust
olganol [36]

Answer:

b. location clustering near high traffic flows

Explanation:

Proximity to customers is a major consideration when deciding on a business location.  A business situated in areas with many potential customers has a high probability of succeeding. Restaurants are usually strategically situated in places with heavy customer flow.  

Restaurants may be established near offices, in market places, near public transport terminus, or other location convenient to customers.  With time, customers tend to associate that particular building, area, or street with restaurants. As the area becomes synonymous with restaurants, more customers will visit it, leading to more restaurants to open in that locality.

3 0
3 years ago
An individual has $2000 in physical assets, and $600 in cash initially. This person faces the following loss distribution to the
RUDIKE [14]

Answer with Explanation:

Probability   Expected Loss           Loss Forecast

0.5                          0                                0

0.1                        200                              20

0.2                       400                              80

0.1                       1000                             100

0.1                       2000                            200

1.00                     Total                             400

Now,

A. Final Wealth with no Insurance = Physical Assets of the person + Cash Assets - Total Loss Forecast

By putting values, we have:

Final Wealth with no Insurance = $2,000 + $600 - $400 = $2,200

B. For Full insurance, we will not consider expected loss because we will receive Insurance Premium instead:

Final Wealth with Full Insurance = Physical Assets + Cash Assets - Insurance Premium

By putting values, we have:

Final Wealth with Full Insurance = $2,000 + $600 - $600 = $2,000

C. Final Wealth with Partial Insurance and $200 deductibles = Physical Assets + Cash Assets - Insurance Premium For Partial Coverage - Deductible

By putting values, we have:

Final Wealth with Partial Insurance and $200 deductibles = $2,000 + $600 - $450  - $200 = $1,950

D. Final Wealth with 75% Co-insurance = Physical Assets + Cash Assets - Insurance Premium - Co-payment

By putting values, we have:

Final Wealth with 75% Co-Insurance = $2,000 + $600 - $450 - (75% * $400)

= $1,850

E. Final Wealth with Partial Insurance and $1,000 Upper Limit = Physical Assets + Cash Assets - Insurance Premium - Maximum Loss Expected

By putting values, we have:

= $2,000 + $600 - $450 - (Probability 0.1 * $2,000) = $1950

From the above, we can say that the best option here in descending order is as under:

1.  A. Final Wealth with no Insurance

2.  B. With Full insurance

3.  C. Final Wealth with Partial Insurance and $200 deductibles & E. Final Wealth with Partial Insurance and $1,000 Upper Limit

4.  E. Final Wealth with Partial Insurance and $1,000 Upper Limit

5 0
3 years ago
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