When Rubberstamp Productions, Previously a Small-Time Production House, Grew in Size

question 45

Multiple Choice

When Rubberstamp Productions, previously a small-time production house, grew in size, the first thing its chief executive officer (CEO) did was to establish a set of guidelines that detailed all the principles, standards, and procedures to be followed in the company's line of business. The CEO set specific standards on topics ranging from treatment of coworkers to protecting the environment to maintenance of financial records. This scenario illustrates that the CEO developed a _____.

• A) database of employee records
• B) code of ethics
• C) performance appraisal document
• D) cognitive map

---

Definitions:

Standard Deviation

An indicator that evaluates how much the data in a set diverges or spreads out in comparison to the average value, showing the extent of distribution of the observations.

Student's T Distribution

A probability distribution used in statistical analysis for small sample sizes, where the population variance is unknown.

Normal Distribution

A bell-shaped curve, describing the spread of a characteristic throughout a population, where most data points are around the mean and the probability of extreme values decreases as one moves away from the mean.

Population Standard Deviation

A measure of the spread of a set of values within a population, calculated as the square root of the variance.