Business High School

An important part of employee compensation is a benefits package, which might include health insurance, life insurance, child care, vacation days, retirement plan, parental leave, bonuses, etc. Suppose you want to conduct a survey of benefits packages available in private businesses in Hawaii. You want a sample size of 100. Some sampling techniques are described below. Categorize each technique as simple random sample, stratified sample, systematic sample, cluster sample, or convenience sample.
(a) Assign each business in the Island Business Directory a number, and then use a random-number table to select the businesses to be included in the sample.
simple random (b) Use postal ZIP Codes to divide the state into regions. Pick a random sample of 10 ZIP Code areas and then include all the businesses in each selected ZIP Code area.(c) Send a team of five research assistants to Bishop Street in downtown Honolulu. Let each assistant select a block or building and interview an employee from each business found. Each researcher can have the rest of the day off after getting responses from 20 different businesses.

Answers

Answer 1

Final answer:

The sampling techniques used in the scenarios are stratified sample, convenience sample, and stratified sample.

Explanation:

(a) The sampling technique used in this scenario is stratified sample. The population of boys is divided into three groups based on age, and players are selected from each group to form the soccer team.

(b) The technique used in this scenario is convenience sample. The pollster selects all human resource personnel in five different high tech companies, which is based on convenience rather than a random selection.

(c) The technique used in this scenario is stratified sample. The population of high school teachers is divided into two groups based on gender, and teachers from each group are interviewed.

Answer 2

Final answer:

The assignment of random numbers to select businesses represents a simple random sample, using ZIP Codes to include all businesses within selected areas is a cluster sample, and selecting businesses based on specific location by assistants represents a convenience sample.

Explanation:

To categorize each sampling technique for a survey of benefits packages in private businesses in Hawaii with a sample size of 100, let's analyze each scenario:

(a) Assigning each business a number and using a random-number table to select businesses would be a simple random sample. This method gives every business an equal chance to be included in the sample.(b) Dividing the state into regions using ZIP Codes, selecting a random sample of ZIP Code areas, and then including all the businesses within those areas is an example of a cluster sample. Every unit within the selected clusters is included in the sample.(c) Sending assistants to a specific location and letting them select businesses to interview is an example of a convenience sample. This method is based on ease of access and doesn't provide every business an equal chance to be selected, which often results in biased data.

Related Questions

Cole has a cold. Although the brand-name drug is more expensive than the generic, he buys the brand-name one. Cole is familiar with the brand-name drug and knows exactly what to expect whe

Answers

Answer:

less risk

Explanation:

Note: The question appears to be incomplete. Another similar question has been attached for reference purpose and the answer provided herein is based upon that.

It is common consumer behavior of sticking to a brand name despite another lower cost option providing the same base or constituent. Particularly in case of necessities, the law of demand i.e lower price higher demand fails as consumer would prefer being exposed to lesser risk no matter whatever be the cost.

In the given case, the consumer i.e Cole prefers going with a brand name as it provides him with a higher degree of assurance as the brand has a certain reputation attached to it which the other generic option lacks.

Secondly owing to his familiarity with the drug and it's past usage experience, he has developed brand loyalty apparently.

Thus, Cole's decision is attributable to less risk.

Which of the following ethical theories is adopted by a company that strives to act as ethically as possible, even at the expense of some additional profits, as long as the business remains profitable?a. The maximizing profits theory b. The invisible hand theory c. The moral minimum theory d. The competitive advantage theory

Answers

Answer:

c. The moral minimum theory

Explanation:

The moral minimum theory is a principle that statutes that a business should do NO intentional harm or do the minimum harm possible in order to consider its behavior the minimum required for ethical behavior.

I hope you find this information useful and interesting! Good luck!

Final answer:

The theory consistent with a company prioritizing ethical behavior over additional profits is the moral minimum theory, which maintains a baseline of ethical conduct while ensuring profitability.

Explanation:

The ethical theory adopted by a company that strives to act as ethically as possible, even at the expense of some additional profits, is most aligned with the moral minimum theory. This theory suggests that companies should aim to do no harm, and should engage in ethical behavior even if it impacts their profits, provided they remain profitable. The theories such as maximizing profits theory, invisible hand theory, and competitive advantage theory may all entail profit maximization as a primary objective, which does not align with sacrificing profits for ethical considerations.

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