Spark Inc (SI), a Multinational Corporation, Had Reported Large Losses in in the Previous

question 41

Multiple Choice

Spark Inc. (SI) , a multinational corporation, had reported large losses in the previous financial year. To overcome these losses, the company planned to take the instrumental approach to corporate management. Which of the following best illustrates this approach?

• A)It provides employees with healthy meals and has a gymnasium at the workplace.
• B)It provides employees with cab services or gives them fuel allowance.
• C)It uses its resources to enhance the productivity of employees and thus increases profits.
• D)It uses biodegradable plastic containers in its office cafeteria.

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Definitions:

P-value

The probability of obtaining a test statistic at least as extreme as the one observed, assuming the null hypothesis is true; used to determine statistical significance.

Hypothesis

A supposition or proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Confidence Interval

A span of values, generated from the statistics of a sample, that is likely to comprise the value of an undefined population parameter.

Test Statistic

A value calculated from sample data during a hypothesis test that is used to determine whether to reject the null hypothesis.