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- Discuss why assumptions around internal gains is likely to be the greatest source of error contributing to the performance gap.What is reliability? What is validity? Discuss the role of reliability and validity in personnel selection. Which is more important, for a scale to be reliable or valid?Write down 10 times that you notice a situation that you think you can improve (may result in the development of either a product or service). For example, my kids are tracking lots of dirt into the house, so I’m spending too much time hauling around my vacuum cleaner. Potential products for this situation could be self-cleaning shoes, better doormats, improved vacuum system, auto cleaning flooring in front of door, etc.
- What is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $50 per visit, the frequency of repurchase is every month, the contribution margin is 20 percent, and the average customer defection rate is 27 percent? If a continuous improvement goal is set of a 25 percent defection rate next year and 23 percent two years from now, what are the revised VLCs over their average buying life? Do not round intermediate calculations. Round your answers to the nearest dollar. For defection rate = 27%, VLC = $ _____ For defection rate = 25%, VLC = $ _____ For defection rate = 23%, VLC = $ _____You are the project manager of the NHQ Project, which is part of the HQQ Program to construct a condominium building. Samuel, the program manager, has required that you document any variances to costs, schedule, scope, and quality expectations as part of the program governance. You believe that your project team now has an internal failure cost that needs to be documented for Samuel. Which of the following is an example of internal failure cost? Group of answer choices Project team training Rework Random quality audits Quality auditsYou're starting a firm that will host the websites of other companies. What issues do you consider to be a single point of failure? Make a list of all the tools that could be used. Describe how to prevent having a single point of failure for each resource.
- This question has two parts; be sure to answer both. Explain the four factors essential to successful implementation of an OD. Next, assume that you manage the U.S. office of a multinational corporation that has offices in Europe, Asia, and South America. You are having difficulty with your company’s product receiving many negative reviews on Amazon, Yelp, and other online shopping sites. Citing each of the four factors, describe how you will improve the situation.What is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $75 per visit, the frequency of repurchase is every month, the contribution margin is 23%, and the average customer defection rate is 22%? If a continuous improvement goal is set of a 18% defection rate next year and 16% two years from now, what are the revised VLCs over their average buying life? Do not round intermediate calculations. Round your answers to the nearest dollar. For defection rate = 22%, VLC = $ For defection rate = 18%, VLC = $ For defection rate = 16%, VLC = $INSTRUCTION: Choose the correct answer and no need for an explanation. 1. In the course of employment, organizations also carry out employee training to improve employee productivity and generally grow the organization. Further evaluation is carried out at the end of each training to test the impact of the training on employee skills, and test for improvement. A. Time-series Design B. One-Shot Case Study Design C. One-Group Pretest – Posttest Design D. Static-Group Comparison Design 2. A teacher wants to determine whether reading to children an extra hour a day would increase their reading skill. A group of children are chosen. The teacher will read an extra hour a day to these children. It was found, at the end of the semester, these children’s reading skills are pretty good. A. One-Group Pretest – Posttest Design B. One-Shot Case Study Design C. Static-Group Comparison Design D. Time-series Design 3. A study take into the possible connection between lifelong exercise and…
- You are an analyst at a company that is organizationally poised to exploit a resource. You have identified a resource that is valuable, rare and inimitable. Your boss concludes that this resource must be a source of competitive advantage. Is your boss right? Group of answer choices Yes NoJi-hu believes in making decisions based on the method of experience. Considering this, which of the following actions would he most likely take? A. He would buy the Lucia espresso machine because surveys of the product show the highest customer approval. B. He would buy the Hellman espresso machine because the choice seems obvious. C. He would buy the Franceso espresso machine because research shows it is the most durable. D. He would buy the Jones espresso machine because he liked his previous machine, which was made by Jones. E. He would buy the Almas espresso machine because his manager highly recommends it.“Do the right things right , the first time, every time”. In Total Quality Management, everyone must be guided by this principle. How may this be applied in an organization by the people or employees running it? Use an example to illustrate its intent and full meaning.