Instruction 8-20 A Business and Management Magazine Conducted a Survey on Employees

question 150

Short Answer

Instruction 8-20
A business and management magazine conducted a survey on employees cheating on their expense reports and other unethical conduct. In the survey of 200 managers, 58% of the managers have caught employees cheating on an expense report, 50% have caught employees working a second job on company time, 22% have caught employees listing a "strip bar" as a restaurant on an expense report, and 19% have caught employees giving a kickback to a customer.
-Referring to Instruction 8-20,the sampling error of a 95% confidence interval estimate of the population proportion of managers who have caught employees giving a kickback to a customer is ________.

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Definitions:

Differentiation Focus

Differentiation Focus is a strategy where a business aims to distinguish its products or services from competitors through unique features, quality, or customer service.

Cost Focus

A competitive strategy that involves a business striving to achieve cost leadership within a narrow market segment.

Differentiation

A strategy businesses use to make their product or service stand out from competitors by highlighting unique features or benefits.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, such as cost, product quality, or customer service.