Expert Answers

1) You are a workers’ compensation claims analyst working for a large manufacturing organization (worker’s compensation is a worker injury protection; it pays medical and other expenses for workers who were injured on the job).  A key part of your responsibilities is to “reserve” a certain amount of funds for each workers’ compensation claim you process, which is necessary for making sure that each injury claim has adequate funds to pay its costs. This requires you to forecast, or estimate the expected future cost of each claim, which is both time-consuming and difficult, as there are multiple factors (such as the nature of injury, worker’s age, the nature of accident, etc.) that determine the ultimate cost of individual claims.  Having a lot of historical data (past claims), you decide to use regression analysis to help you forecast the expected cost of the individual workers’ compensation claims.

Discuss how you would use regression to help you with your task—specifically, explain how you would go about evaluating the goodness-of-fit and the predictive efficacy of your model.

Justify your answers with examples and reasoning

2) As a marketing analyst, you are responsible for estimating the level of sales associated with different marketing mix allocation scenarios. You have historical sales data, as well as promotional response data, for each of the elements of the marketing mix. State the differences between the forecasting methods that can be used. Which one would you use and why? If you make any assumptions, state them explicit


Part 1
Formal Sentence Outline
Project: Effects of American Intervention on Foreign Affairs
In this 300-500-word, Formal Sentence Online, you will organize and outline the project that you intend to write about. Your outline will include the elements listed below.
Your Formal Sentence Outline should also include a list of references in APA style and should adhere to APA convention throughout for in-text citation and style.
The thesis statement should be provided at the beginning of the outline, and it should be labeled “Thesis,” followed by a colon.
Headings and subheadings:
You must include at least four headings in your outline, indicated by Roman numerals (I, II, III, IV). Each of these headings must have at least two subheadings, indicated by capital letters (A, B, C). The best outlines will break down these subheadings into topics, indicated with numerals (1, 2, 3).
References: Include a references list as the last page of the paper

Part 2:
Description: you will take Draft 2 and write an introduction to your final Research Paper that sets the context for your project, establishes your argument, asserts your thesis, and allows for an easy transition from your review of literature. You will need to write at least four body paragraphs while incorporating five academic sources for this . Your Draft 3 (introduction, review of literature, and body) should include the elements listed below.
Draft 3 must contain the following elements.
– Body paragraphs:
a. Topic sentence: This sentence summarizes the entire paragraph in one strong, well-written sentence,
and it directly supports the thesis statement.
b. Explanation of topic sentence (1-2 sentences)
c. Introduction to evidence (1-2 sentences)
d. Evidence: The evidence that you present backs up your topic sentence and, by extension, supports your thesis statement.
e. Explanation of evidence
f. Transition (1-2 sentences)
5. References:
Include a references list as the last page of this Research Proposal

Multiple Choice Answers

1. Briefly discuss the separation of powers and the checks and balances system among the three branches of government. Be sure to mention at least two powers and one example of how their power is “checked” by another for each branch.

2.Briefly discuss the strengths and weaknesses of both the Articles of Confederation and the Constitution. What were the concerns with each document? What proposed changes became reality with the implementation of the Constitution over the Articles of Confederation? 

Multiple Choice Answers

Question 1

One of the most widespread and potentially powerful efforts to combat bribery was initiated by:
A. the Global Forum on Fighting Corruption.
B. the Organization for Economic Cooperation and Development.
C. International Labour Organization.
D. the U.S. Foreign Corrupt Policy Act.

Question 2

People everywhere depend on ethical systems to tell them whether their actions are:

A. legal or illegal.
B. right or wrong.
C. financially attainable or not.
D. logical and in sound judgment.

Question 3

Under the Sarbanes-Oxley Act, corporations are required to:
A. have their CEO and CFO sign off on financial statements as accurate and fair.
B. have their audit committee comprised of only executives employed by the firm.
C. collect reimbursements from the U.S. government if financial restatements occur.
D. All of the above

Question 4
Cross-cultural contradictions arise due to:
A. the emergence of a developing country’s economic power.
B. religious differences practiced by business executives.
C. differences between home and host countries’ ethical standards.
D. All of the above

Question 5

As business becomes increasingly global:
A. it must turn to national laws for guidance.
B. ethical issues become issues of free trade.
C. a global code of conduct will emerge for businesses.
D. cross-cultural contradictions will increase.

Question 6

Which of the following was NOT a moral value acknowledged by Aristotle?
A. Temperance
B. Charity
C. Justice
D. Prudence

Question 7

According to Clarence Walton, the key to ethical standards in business is:

A. personal character.
B. highly paid executives.
C. clear governmental directives.
D. an ethics professor on the board of directors.

Question 8

Business managers need a set of ethical guidelines to help them:

A. understand the changing customs throughout the world.
B. justify the resolution which best helps themselves.
C. identify and analyze the nature of ethical problems.
D. None of the above

Question 9

According to the utilitarian reasoning, if the benefits outweigh the costs, then the action is ethical because it produces:

A. the greatest good for the greatest number of people.
B. an equal amount of good for an equal number of people.
C. the greatest good for a select number of people.
D. an equal amount of good for the greatest number of people.

Question 10

A just or fair ethical decision occurs when:

A. the rights of all affected are considered.
B. the greatest good for those with power is achieved.
C. benefits and burdens are distributed equally.
D. All of the above

Question 11

Whistle-blowing occurs when:
A. a company president calls on employees in the organization to observe the firm’s code of ethics.
B. an employee goes public with a complaint after failing to convince the company to correct an alleged abuse.
C. a consumer group calls for a boycott of a firm’s product due to questionable advertisements.
D. an employee is found guilty of criminal wrongdoing by a government agency.

Question 12

The core components upon which a company’s ethical performance depends include:
A. the values and virtues of the managers.
B. the personal character of the managers and employees.
C. the traditions, attitudes, and business practices built into a company’s culture.
D. All of the above

Question 13

Which of the following is NOT one of the five core values developed by the Holt Company?
A. Efficiency
B. Dynamic
C. Success
D. Ethics

Question 14

If a manager approaches ethics with benevolence in mind, he or she would stress what?
A. Friendly relations with an employee
B. Company rules and procedures
C. Laws and professional codes
D. Economic efficiency

Question 15
The Kanebo Limited scandal is an example of a lapse in:
A. information technology ethics.
B. marketing ethics.
C. finance ethics.
D. accounting ethics.

Question 16

A giant step is taken toward improving ethical performance throughout the company when:

A. the firm hires a university ethics professor to lecture employees on moral philosophy.
B. the Justice Department launches an investigation of the firm’s pricing practices.
C. senior-level managers signal to employees that they believe ethics is a high priority.
D. a consumer hot line is created and staffed 24 hours a day.

Question 17

Which of the following statements is true?
A. In Japan, most codes were found to be a mixture of legal compliance and statements of mission.
B. The rationale underlying corporate codes of ethics are the same from country to country.
C. The values and mission codes are least popular with European and Canadian companies.
D. Codes of ethics in Latin America primarily focus on guidelines for accepting or refusing gifts.

Question 18

The Institute for Corporate Ethics was created to:

A. guide managers when an ethical dilemma arises.
B. provide assistance for developing ethics policies for organizations.
C. develop and conduct training programs for senior managers.
D. oversee ethics audits.

Question 19

The critical component in installing an effective ethics program is:

A. to allow all employees the freedom to act as they wish.
B. in hiring an expensive ethics consultant.
C. the integration of various ethics safeguards into a comprehensive program.
D. maintaining the position as the industry sales leader.