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Author Archives: Anonymous

Short Answer: Alexis, the owner of Yummy Restaurant, has dec…

Short Answer: Alexis, the owner of Yummy Restaurant, has decided to hire Quammy as the restaurant manager, and put a stipulation that, in addition to a base salary, Quammy will receive 25% of the net profit as the year-end bonus. From the agency and corporate governance perspectives, what may be Alexis’ rationale for this stipulation?

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Media Conglomerate, the parent company of News-to-Read, deci…

Media Conglomerate, the parent company of News-to-Read, decided to spin-off News-to-Read after News-to-Read had experienced several years of poor performance. Which of the following best describes the Media Conglomerate’s strategic action?

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Discussion Question: Summit Corp., a leading U.S. consumer p…

Discussion Question: Summit Corp., a leading U.S. consumer products company, has set the strategic growth direction by expanding its market coverage to include highly populated countries in Asia with China and India being the top two targets.  The top executives at Summit Corp. have also recognized this growth strategy while promising with high growth potentials, there are quite high variations in demand characteristics, consumption patterns, cultural aspects, and legal systems among those countries. The top executives at Summit Corp. are committed to this strategic direction and seek a recommendation from you regarding how Summit Corp. should be organized in implementing its growth strategy.  What type of organizational structure and control you would recommend to Summit Corp’s top executives? Why?

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Hypertrophic pyloric stenosis most commonly occurs in all of…

Hypertrophic pyloric stenosis most commonly occurs in all of the following patient populations except:

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You are required to use Honorlock, an online proctoring serv…

You are required to use Honorlock, an online proctoring service, when you take the quizzes and exam in COMM 408.

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A snack food company produces 454 g pretzel bags. Although t…

A snack food company produces 454 g pretzel bags. Although the weight can vary slightly from one bag to another, the company claims that average weight of the pretzel bags is 454 g. In a quality control process, the company would like to test if the true mean bag weight is indeed what they think it is (i.e. test if the true mean is indeed 454 g). They have taken a random sample of 36 bags of this size and weighed them. Suppose that the test statistic came out to be 1.23. What is the p value for the test?   

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Character as Social Critique – Choose one major character fr…

Character as Social Critique – Choose one major character from The Importance of Being Earnest and explain how Wilde uses that character to critique Victorian society.In your response, analyze how the character reflects or exaggerates social values and explain the broader message Wilde communicates through them. 

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Store manager of a retail store collects information about p…

Store manager of a retail store collects information about people who use the store’s mobile app to find discounts while they are shopping. Based on his survey, a 90% confidence interval for the true proportion of customers who use the app while they are shopping is from 0.54 to 0.58. What is the 90% confidence interval for the true proportion of those who DO NOT use the mobile app to find discounts while they are shopping.

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The housing department of a large city monitors the rent for…

The housing department of a large city monitors the rent for rent-controlled apartments in the city.  Suppose the rent of a rent-controlled apartment follows a normal distribution with a mean of $2750 and a standard deviation of $650. Find the 75th percentile for the rent-controlled apartments in this city. [fill1] If a rent-controlled apartment is selected at random, what is the probability that the rent of that apartment will be less than $2000? [fill2] If we randomly select 25 rent-controlled apartments, what is the standard error of the sample average? [fill3] If we randomly select 25 rent-controlled apartments, what is the probability the average rent will be less than $2000? [fill4]

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The demand for a certain book in a bookstore on any given da…

The demand for a certain book in a bookstore on any given day is given by the following table, where Y represent the number of purchases of the book on any given day. y 0 1 2 3 4 5 6 7 P(Y=y) 0.10 0.23 0.31 0.12 0.10 0.05 0.05 0.04 On a given day, what is the probability that more than 4 books will be sold? 

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