Give a brief overview of the data-preparation process
What will be an ideal response?
The data-preparation process is shown in Figure 14.1 in the text. The entire process is guided by the preliminary plan of data analysis that was formulated in the research design phase. The first step is to check for acceptable questionnaires. This is followed by editing, coding, and transcribing the data. The data are cleaned and a treatment for missing responses prescribed. Often, statistical adjustment of the data may be necessary to make them representative of the population of interest. The researcher should then select an appropriate data analysis strategy. The final data analysis strategy differs from the preliminary plan of data analysis due to the information and insights gained since the preliminary plan was formulated. Data preparation should begin as soon as the first batch of questionnaires is received from the field, while the fieldwork is still going on. Thus if any problems are detected, the fieldwork can be modified to incorporate corrective action.
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In the United States, the biggest issuers of securities are
A. households. B. business firms. C. governments. D. financial intermediaries.
The Occupational Safety and Health Administration (OSHA) is legally permitted to inspect workplaces unannounced.
Answer the following statement true (T) or false (F)
Porter's five forces model is also referred to as the value chain model
Indicate whether the statement is true or false
Eric Redd (Scenario)Eric Redd graduated from college and was hired by a company that manufactured parts for the automotive industry. Eventually, the top management noticed that the employees on the assembly line seemed bored, and their motivation was low. Eric's employer decided to try to reorganize in order to increase productivity. Eric's responsibilities are about to change from that of an engineer to a more complex one.Eric majored in engineering and really enjoyed his work. After the reorganization, Eric was required to work with a team that included production workers as well as marketing specialists to design the latest products the company was planning to offer. This implies ________.
A. the company is becoming more centralized B. that Eric's job responsibilities have been reduced C. the company is becoming more mechanistic D. that Eric is a part of a cross-functional team