Author: chris

CLASS IN AMERICA-2009 by Gregory Mantsios pgs.  281-298 chapter three of the textbook Rereading America by Gary Colombo 9TH Edition

Prepare a rebuttal with counterarguments to the select reading, using at least three reliable outside sources for support.

Description: Information, decisions, frameworks and responsibilities

The case study has been drawn from Chapter 1 of Jackson et al (2008).

Elaine Shumate has been working for GSM, a pharmaceutical research company for more than seven years. It is her first job since finishing her graduate work in molecular biology and her performance evaluations have been exemplary. Unfortunately, she is not prepared for the situation facing her now. GSM has invested heavily in a molecular identification process (MIP) that top management believes has great promise for the future.
If all goes well, the company plans to patent the process and license it to pharmaceutical companies to use in medication production. Elaine is the lead manager on MIP, and she fears that latest research results are not as promising as appeared earlier. Blake Walton, Vice
President of Research, is to meet Elaine to discuss results. After a brief discussion, Blake suggests that Elaine should take another look at the latest results. He does not believe that her interpretation of the data is correct.
Elaine looks over the company’s earlier cost estimates and operating income projections. At that time the estimated research and development costs were $140 Million and annual operating income was expected to be $25 million. However, the latest results indicate that MIP may have fewer pharmaceutical applications than was originally believed.
Elaine speaks with Richard Lawrence, Vice President Sales, who suggests that MIP is likely to generate operating income of $17.5 million a year if the recent results continue after further testing. Elaine knows that Blake will not be pleased.
Blake is scheduled to meet with the board of directors next week to discuss the need for additional investment capital in the next year, and the company’s plans for a public stock offering in the next several years. Elaine stands to benefit substantially from stock options if the company goes public. GSM’s future may ride on the outcome of that meeting.

Question to the Case above:
• Elaine has to decide what stance she is going to take
• How strongly she will support that stance.
• What should she decide? Why?

The report requires the conventional structure of a business
research report, including the following components (in this order) (1) a report
cover page* (including name of your selected company, topic under
investigation, addressee [who is reported to], prepared by [Name, Student
ID], date and word count), (2) a table of contents, (3) an executive summary,
(4) an introduction, (5) body, (6) conclusion/recommendations, (7) a list of
references (including [working!] online links to all company information that
you have used and referred to in your report). You may attach appendices at
the end of the report. Please refer to the various materials on how to write a
business research report as provided on the ACCG224 iLearn webpage in
section 14 if you are insecure about any of the components.

Your assignment is to pick a recent biology study described on the website ScienceDaily.com and write a  recap of the study for the general public.
The Science Daily article already does a nice job of summarizing the research study, but I want you to go beyond that by actually talking to one of the scientists who did the study and by consulting additional sources. What I don’t want you to do is simply rewrite the Science Daily article, conveniently changing a few words around and calling it your own.
1. What was the main question the researchers wanted to answer?

2. What was their hypothesis?
3. How did they test their hypothesis and perform the study?
4. What was their main finding/conclusion?
5. Why is the topic of the study important to the rest of society?
Below is an outline of the paper with some suggestions on what to include in each paragraph. In your actual paper, please DO NOT divide it into sections with these headings; your paper should read smoothly from one paragraph to the next, with good transitions. Important note: Feel free to write more than 5 paragraphs; this is intended simply as a guide for those of you who have less experience writing research papers.

A researcher was interested in the effects of photo sharing on well-being. She thinks that sharing photographs can focus people’s attention on positive aspects of their lives, which can increase well-being. However, she thinks that the kinds of photos people share will make a difference. She conducted an experiment in which Instagram users were randomly assigned to one of four conditions. In condition 1, participants were not asked to share a photo on Instagram. In condition 2, participants were asked to share a photo that does not contain any people on Instagram. In condition 3, participants were asked to share a photo of themselves on Instagram. In condition 4, participants were asked to share a photo of one of their friends on Instagram. Next, all participant were asked to fill out a well-being questionnaire that was scored such that higher numbers indicate greater well-being. The researcher derived the following hypotheses:

1. Participants who shared a photo will, on average, have higher well-being than those who did not share a photo.

2. Participants who shared a photo that did not contain any people will have lower well-being than those who shared a photo of themselves or their friend.

3. Participants who shared a photo of their friend will have higher well-being than those who shared a photo of themselves.

The table below shows well-being scores for each participant, organised by condition. Use this data to answer the questions that follow.

Condition1 – No photo: 15, 16, 18, 20, 10, 22, 15, 24, 21, 19

Condition 2 – Photo without people: 23, 22, 24, 17, 27, 23, 16, 30, 29, 15

Condition 3 – Photo of self: 29, 25, 33, 31, 35, 30, 34, 32, 29, 18

Condition 4 – Photo of friend: 20, 24, 28, 26, 25, 23, 26, 25, 25, 24

Note. You must retain 3 decimal places for all calculations or else you will get the wrong answer. Type all of your answers and clearly state which question you are answering. Use tables where appropriate.

1. Specify the statistical hypotheses AND the conceptual hypotheses (H0 and H1) for the omnibus analysis of variance (4 marks max).

2. (a) State in symbols (as demonstrated in class) the non-directional statistical hypotheses for the 3 experimental hypotheses, and (b) write an appropriate set of contrasts according to the stated hypotheses for each of them by assigning appropriate coefficients (6 marks max).

3. Describe and justify whether these contrasts are orthogonal. Note: You don’t need to use a tree diagram for this, just show the results of all other tests of orthogonality (6 marks max).

4. In APA format, write up the results of this analysis as it would appear in the results section of a journal article. You should report the omnibus results, including the experimental effect size (omega squared). An appropriate summary table should also be presented in the text. The results of all planned contrasts are to be included. Be sure to use Bonferroni corrected t-tests and state whether the hypotheses are supported or not (32 marks max). Please do not attach/submit your hand calculations.

5. First, explain why the researcher used a Bonferroni correction. Then, explain how it would change the results and conclusions if she did the same contrasts without the correction. Provide specific detail describing how you arrived at this answer. This section is to be no more than 200 words. (6 marks max).

6. Would a repeated measures design have been a viable option for this experiment? Justify your answer in relation to the potential advantages and disadvantages (minimum of two each) of using such a design for this specific study. This section is to be no more than 200 words and make sure to relate the advantages/disadvantages to this specific study. (6 marks max).

1.Undertake a critical assessment of the company’s remuneration disclosures in terms of their complexity and adequacy;

2.Provide recommendations to the CFO and the Board of Directors relating to improvements that could be made to company remuneration reporting; and the view the Board of Directors should present in a submission to the government’s regulatory agenda.