This Is Anne's Year! She Finally Broke Through the Glass

question 272

Multiple Choice

This is Anne's year! She finally broke through the glass ceiling - meaning she has reached an executive level position with her company, with a salary upwards of $200,000. Recently a competitor firm has approached her offering her $15,000 less in salary, but the job would come with an upgraded car, memberships in two country clubs of her choice, an additional two weeks paid vacation with use of the company's villa in Jamaica, and paid financial counseling. With respect to compensation, Anne:

• A)provide sales representatives with a strong incentive to generate more sales for the company.
• B)keep the pay system as simple as possible.
• C)be able to deduct the cost of compensating the sales representatives from its taxable income.
• D)give the sales representatives a stronger incentive to collaborate with each other and act as a team.

Identify the presence of significant main effects based on differences between marginal means.

Understand the impact of factorial designs on the interpretation of variable effects.

Learn the procedure to calculate the total number of combinations in a factorial design.

Identify the advantages and disadvantages of using factorial designs versus single-factor designs.