Memory on the Move

question 137

Multiple Choice

Memory on the Move
Memory on the Move is a manufacturer of USB flashdrives, and is in the midst of a labor-management contract negotiation for the coming three years. In a meeting on management's side, Michael, the human resources manager, is wondering if they are facing a labor strike. Rachel, the operations manager, argues that even if management offers a compromise, she is not sure how the labor representatives will react. Being new in the position, Michael suggests that Memory on the Move should follow their two main competitors in the industry and copy their labor agreement. Rachel disagrees and suggests waiting. Rachel argues that if the union actually goes on strike and the company suffers from declining production, then maybe the company should offer a compromise. Vanessa, CEO and president, after hearing all sides gave her perspective and recommendation. Vanessa proposed that the company should quickly settle with the union and focus on being a technology leader in the industry.
-Refer to Memory on the Move. Michael's suggestion exhibits the ____ organizational response to the labor uncertainty.

Definitions:

Level of Significance

The threshold below which a p-value must fall for an effect to be considered statistically significant, often set at 0.05 or 5%.

Populations

The entire group of individuals or items that is the subject of a statistical analysis.

Fisher's LSD

Stands for Fisher's Least Significant Difference, a post-hoc test used in ANOVA to identify specific differences between pairs of means when the null hypothesis is rejected.

ANOVA Table

A table that summarizes the results and components of variance from an analysis of variance test.