A Large Software Development Firm Recently Relocated Its Facilities

question 14

Multiple Choice

A large software development firm recently relocated its facilities.Top management is interested in fostering good relations with their new local community and has encouraged their professional employees to engage in local service activities.They believe that the firm's professionals volunteer an average of more than 15 hours per month.If this is not the case, they will institute an incentive program to increase community involvement.A random sample of 24 professionals yields a mean of 16.6 hours and a standard deviation of 2.22 hours.The P-value associated with the resulting test statistic is 0.0009.At ? = 0.05, which
Of the following is the correct conclusion?
I.We reject the null hypothesis.
II.We fail to reject the null hypothesis.
III.The firm shouldn't need to institute an incentive program because the evidence indicates
That professional employees volunteer an average of more than 15 hours per month in
Their local community.

• A)I only
• B)Both II and III
• C)Both I and III
• D)III only
• E)II only

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Definitions:

Contingency Planning

The process of preparing strategies to deal with unexpected situations that may disrupt operations or cause harm to the organization.

Major Issues

Significant problems or challenges that require attention and resolution.

Possible Fixes

Potential solutions or corrections for resolving issues, problems, or malfunctions.

Contingency Planning

The development of strategies or actions to address possible future emergencies, obstacles, or uncertain conditions.