SCENARIO 4-9 A Survey Conducted by the Segal Company of New York

question 34

Short Answer

SCENARIO 4-9
A survey conducted by the Segal Company of New York found that in a sample of 189 large companies,40 offered stock options to their board members as part of their non-cash compensation packages.For small- to mid-sized companies,43 of the 180 surveyed indicated that they offer stock options as part of their noncash compensation packages to their board members.
-Referring to Scenario 4-9,if a randomly selected company is a large company,what is the probability that it offered stock options to their board members?

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Definitions:

Cognitive Ability

The capacity of an individual to perform the various mental activities most closely associated with learning and problem solving.

Concern For Task

The importance placed on completing tasks efficiently and effectively, often seen as a facet of leadership or team dynamics.

Task Responsibilities

The duties and obligations associated with a specific task or job role.

Work Standards

A set of criteria or guidelines that determine the expected level of performance and output for tasks or jobs.