Top Management of a Large Multinational Corporation Wants to Create

question 26

Multiple Choice

Top management of a large multinational corporation wants to create a culture of innovativeness and change. A consultant hired to assess the company's organizational Culture finds that only 15% of employees are open to new ideas and approaches toward Their work. Consequently the company conducts a program for employees in order to Reinforce the new corporate philosophy. Based on data collected after the program, the Finds the 95% confidence interval for the proportion of all employees open to new ideas To be 18% to 22%. What should the company conclude?

• A) The null hypothesis should not be rejected.
• B) There is no evidence to suggest that the program improved employees' attitudes Toward innovativeness and change.
• C) There is evidence that the program improved employees' attitudes toward Innovativeness and change.
• D) Both A and B.
• E) Both A and C.

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Definitions:

Social Currency

The value that people gain from their social networks and interactions, enhancing one's influence and reputation.

Reputational Capital

The value of a company or individual's reputation, which can influence stakeholders' decisions and can be a significant asset or liability.

Community Reputation

The perception or regard that an individual or organization has within a community, built over time through interactions and contributions.

Shared Beliefs

Common ideas or values held by a group, which contribute to the group's culture and actions.