Maximize the productivity

Assignment Help Financial Management
Reference no: EM13767808

As a CEO you wish to maximize the productivity of your workers. You are thinking about providing your employees with smartphones so they can be readily available to clients and increase sales. However, you are also concerned that your employees are just as likely to download apps that will distract them from their work, leading them to play games and update their social networking sites rather than focus on the job of pleasing clients. To test this you randomly select 6 employees for an experiment. You provide 3 with the new smart phone and the other 3 use their existing technology. The following chart shows their changes in sales. Based on this small sample, what is the correlation in percentage between smartphone and increase in sales? It may help to use the spreadsheet function CORREL to calculate the correlation. {Anthony, Smartphone: Yes; change in sales 120; Kira, Smartphone Yes; Change in Sales 40; Michael, Smartphone Yes; Change in Sales 140; Scarlett, Smartphone No; Change in Sales 110; Pete, Smartphone No; Change in Sales 20; Angela, Smartphone No; Change in Sales 70.}

Reference no: EM13767808

Questions Cloud

Focusing on the goals of private businesses : Focusing on the goals of private businesses, and the goals of lawmakers for economic progress and economic security, select one example private-sector industry, describe the general business goals by using information on the web sites of one or tw..
Probabilities for different states of economy : You have just taken over as a fund manager at a brokerage firm. Your assistant, Thomas, is briefing you on the current portfolio and states "We have too much of our portfolio in Alpha. Even if the probabilities for different states of economy (expans..
Recovery role of national voluntary relief organizations : Explain how federal agencies other than FEMA contribute to disaster recovery. Discuss the recovery role of national voluntary relief organizations. Identify various tools that are available for community recovery planning
Risk-averse but can invest in only one of three securities : Suppose your client is risk-averse but can invest in only one of the three securities, A, B, or C, in an uncertain world characterized as follows. Next year the economy will be in an expansion, normal, or recession state with probabilities 0.43, 0.31..
Maximize the productivity : As a CEO you wish to maximize the productivity of your workers. You are thinking about providing your employees with smartphones so they can be readily available to clients and increase sales.
Function of water in the human body : Which of the following would you expect to see when an individual uses iron supplements and an iron-rich diet to recover from iron-deficiency anemia?
Define difference between algorithm and heuristic : Please explain in detail the Difference Between the following terms Algorithm and Heuristic
Write essay that addresses the plays from the drama unit : Write a 1,500-word essay that addresses one of the plays from the Drama Unit. A minimum of 6 citations, including the primary source and at least 5 secondary scholarly sources, is required for this assignment.
Develop a open-loop model of the traction : Goal of project is to model a system and to design a controller for the system so that the closed-loop system performs satisfactorily - Design a switch mode PWM DC-DC converter for the speed regulation of the DC motor.

Reviews

Write a Review

Financial Management Questions & Answers

  1 the eurusd spot exchange rate is quoted as 132250-132267

1. the eurusd spot exchange rate is quoted as 1.32250-1.32267. how many eur are needed to purchase 100000000 usd on

  Compare the two cases of owning the stock versus

We buy a put option of Stefanic and associates. Its premium is $1 and the strike price is $34. The current market price is $40. If the price drops to $20, shall we exercise the put option? If not, why not , and If yes, why yes? Compare the two cases ..

  Explain comprehensive major medical policy

Nick an dSheila Preston are married and have purchased a comprehensive major medical policy which covers them and their two sons, Wally and Brent.

  What we are doing to allow our government a chance

Understand the foreign investments of a company's financial goals and the risks. What we are doing to allow our government a chance

  Firm maintains a minimum cash balance

The Cannon Ball has projected its first quarter sales at $11,200, second quarter sales at $10,900, and third quarter sales at $13,300. The firm's cost of goods sold is equal to 71 percent of the next quarter's sales. The accounts receivable period is..

  Material ordering costs-labor costs and credit sales

Write a memo to your supervisor explaining the cash conversion cycle at your company, a manufacturer of plastic toys. Be sure to address the following: Material ordering costs, Labor costs, Credit sales (accounts receivables)

  Cultural dimensions-human resource management

Describe the five cultural dimensions identified by Geert Hofstede as they apply to human resource management.

  Exchange rate agreements and the currency swap

IBM is thinking about issuing a bond in Europe and swapping the annual payments back to US dollars. If fixed rates are 7% in Europe and 9% in the US and the current exchange rate is 1.40 Dollars to every Euro then:

  Summarizes riordan manufacturings financial state

Finalize and submit a 10- to 15-page paper that summarizes Riordan Manufacturing's financial state. Include what should be included in the accounting systems, and the systems that should be connected to the accounting system

  What is the expected return on the mutual fund

Consider the following capital market: a risk-free asset yielding 0.75% per year and a mutual fund consisting of 70% stocks and 30% bonds. The expected return on stocks is 10.75% per year and the expected return on bonds is 3.25% per year. What is th..

  Measure the cost of the common stock

When measuring the cost of capital, many companies measure the cost of the common stock in the company. However, does common stock have a cost when there is no obligation to pay the stockholders except upon liquidation of the company?

  Future value of an annuity is typically used when analyzing

The future value of an annuity is typically used when analyzing

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd