Briefly discuss Sherif’s (1966) classic study of boys at summer camp, in terms of findings and implications for understanding competition.
What will be an ideal response?
Researchers divided boys into two groups and had them compete against each other in a variety of activities. Prejudices were formed and conflicts became a regular occurrence. These findings have been replicated in a variety of settings, and show the negative outcomes of competition for groups.
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Which of the following does the use of a billboard to advertise a job not tend to target?
a. the unemployed b. those currently working for other companies c. internal employees d. the underemployed
Measurement of trading securities at fair value reflects income when it occurs in the form of a change in fair value, not when the investor realizes a gain or loss at the time of sale
Indicate whether the statement is true or false
Mary, a U.S. citizen, owned 25% of the stock of Floran Corporation, an electing S corporation. At the time of her death, the Floran stock may go to all the following without affecting the S election except
A. a small business trust. B. a testamentary trust. C. her estate. D. a charitable remainder unitrust.
A population has a mean of 125 and a standard deviation of 16. A sample of 64 observations will be taken. The probability that the sample mean will be between 122.4 and 126.1 is
A. 0.1821. B. 0.0919. C. 0.6120. D. 0.3880.