YOU MUST USE THE TEMPLATE PROVIDED AND YOU HAVE TO ANSWER EVERY QUESTION.

Please contact me with questions. This is a MATH assignment. It needs to be CLEAR.

Scenario

You have been hired by the Regional Real Estate Company to help them analyze real estate data. One of the company’s Pacific region salespeople just returned to the office with a newly designed advertisement. It states that the average cost per square foot of his home sales is above the average cost per square foot in the Pacific region. He wants you to make sure he can make that statement before approving the use of the advertisement. The average cost per square foot of his home sales is $275. In order to test his claim, you collect a sample of 1,001 home sales for the Pacific region.

Prompt

Design a hypothesis test and interpret the results using significance level α = .05.

Use the House Listing Price by Region document to help support your work on this assignment. You may also use the Descriptive Statistics in Excel and Creating Histograms in Excel tutorials for support.

Specifically, you must address the following rubric criteria, using the Module Five Assignment Template.

• Setup: Define your population parameter, including hypothesis statements, and specify the appropriate test.
  • Define your population parameter.
  • Write the null and alternative hypotheses. Note: Remember, the salesperson believes that his sales are higher.
  • Specify the name of the test you will use.
    • Identify whether it is a left-tailed, right-tailed, or two-tailed test.
  • Identify your significance level.
• Data Analysis Preparations: Describe sample summary statistics, provide a histogram and summary, check assumptions, and find the test statistic and significance level.
  • Provide the descriptive statistics (sample size, mean, median, and standard deviation).
  • Provide a histogram of your sample.
  • Describe your sample by writing a sentence describing the shape, center, and spread of your sample.
  • Determine whether the conditions to perform your identified test have been met.
• Calculations: Calculate the p value, describe the p value and test statistic in regard to the normal curve graph, discuss how the p value relates to the significance level, and compare the p value to the significance level to reject or fail to reject the null hypothesis.
  • Determine the appropriate test statistic, then calculate the test statistic.
    Note: This calculation is (mean – target)/standard error. In this case, the mean is your regional mean (Pacific), and the target is 275.
  • Calculate the p value.
    Note: For right-tailed, use the T.DIST.RT function in Excel, left-tailed is the T.DIST function, and two-tailed is the T.DIST.2T function. The degree of freedom is calculated by subtracting 1 from your sample size.
    Choose your test from the following:
    =T.DIST.RT([test statistic], [degree of freedom])
    =T.DIST([test statistic], [degree of freedom], 1)
    =T.DIST.2T([test statistic], [degree of freedom])
  • Using the normal curve graph as a reference, describe where the p value and test statistic would be placed.
• Test Decision: Discuss the relationship between the p value and the significance level, including a comparison between the two, and decide to reject or fail to reject the null hypothesis.
  • Discuss how the p value relates to the significance level.
  • Compare the p value and significance level, and make a decision to reject or fail to reject the null hypothesis.
• Conclusion: Discuss how your test relates to the hypothesis and discuss the statistical significance.
  • Explain in one paragraph how your test decision relates to your hypothesis and whether your conclusions are statistically significant.

Guidelines for Submission

Submit the completed Module Five Assignment Template as a Word document that includes your response and supportive charts.

Course Learning Outcomes-Covered 

Ø Demonstrate a solid understanding of the concepts and models for making strategies to face challenges and improve the performance of technology based enterprises. (Lo 1.2)

Assignment 2  Marks: 10   

‘Tesla and its flamboyant, and sometimes erratic, innovator Elon Musk have turned the more than a century old industry upside down in a mere 16 years. Traditional automakers are ill prepared to compete in today’s software-centered world. Unlike nimble Tesla, they are big, bureaucratic, slow to respond to customers, dependent on providing customer financing for unit sales growth, and culturally different from a software company. Tesla’s speed in innovation in the market for high-end vehicles is more like a Google or an Amazon than an automaker. And its soaring market valuation is a clear sign to all automakers that they’ll need to develop more innovative, Tesla-like business models in order to survive.’ 

Harvard Business Review. February 28, 2020 

As per your Textbook –  

‘Tesla’s cars had rapidly attracted a large and loyal fan base, and sales were growing at an impressive rate. However, designing and launching multiple major car platforms while building a large-scale battery company, a network of charging stations, and operating Solar City was a lot for a company to take on in its first fifteen years. This left some analysts scratching their heads. Was Tesla trying to do too much too quickly?’   

Students are requested to read Chapter 6 Defining the Organization’s Strategic Direction of their textbooks. With the conceptual knowledge from Chapter 6 and your own research, answer the following questions. 

Q1- How would you characterize competition in the Auto Industry?  (3Mark) (200 -300 words)

Q2- What do you think are Tesla’s core competencies? Does it have any sources of sustainable competitive advantage?   (3Marks) (300 -500 words)

Q3- What do you think Tesla’s (or Elon Musk’s) strategic intent is?  (4Mark) (300 -500 words)

Support your answer with valid points from the Textbook and other references.

NOTE: It is mandatory for the students to mention their references, sources and support each answer with at least 2 peer reviewed journal.

For this final assignment, imagine that you are an HR manager on a global HRM planning committee. You are required to present to upper management six (6) main concerns related to global human resources matters. 

You have compiled data about four (4) of those concerns in previous assignments, but you need to add two (2) more elements to the presentation.

The VP of Human Resource Management has asked you to present a PowerPoint presentation to upper management to discuss your previous findings.  Those findings included culture in a global environment, expatriate turnover reduction, recruitment factors to consider for your selected country and important steps to consider in an on-boarding process. 

In addition to presenting data of the previous assignments, the VP of Human Resources Management also wants you to discuss a compensation strategy that would support international operations in your company and to identify two or three (2-3) key strategies your company could use to enhance ethical behavior, labor relations, and work conditions.

Create a ten to fifteen (10-15) slide PowerPoint presentation in which you:

1. Addressed concerns from prior assignment feedback.
   1. Share information you have learned about different cultures that exist in a global corporation and global market.
   2. Explain why expatriate turnover exists.
   3. Discuss recruitment strategies from one of the countries listed below. Your selected country should be the same as the country you selected for Assignment 3.

• Germany
• Greece
• Portugal
• South Africa
• Morocco
• Ghana
• Canada
• Mexico
• Jamaica
• Japan
• South Korea
• Saudi Arabia
• Brazil
• Australia

        d. Explain an on-boarding process.

      2. Recommend compensation strategies, as well as strategies that enhance ethics, labor relations, and work conditions.

      3. Format your assignment according to the following formatting requirements:
          a. Format the PowerPoint presentation with headings on each slide and one (1) relevant graphic (photograph, graph, clip art, etc.). Ensure that the presentation is visually appealing and readable from up to 18 feet away. Check with your professor for any additional instructions.
          b. Include a title slide containing the title of the assignment, your name, your professor’s name, the course title, and the date.
          c. Narrate each slide as if you were presenting them in a meeting, and write out detailed speaker notes. More information about narrating PowerPoint slides can be found here: https://support.office.com/en-au/article/Record-a-slide-show-with-narration-ink-and-slide-timings-3dc85001-efab-4f8a-94bf-afdc5b7c1f0b?ui=en-US&rs=en-AU&ad=AU

Use the APA format to reference your work, including in-text references when necessary. See the APA Guide located in the Student Center tab.

The specific course learning outcomes associated with this assignment are:

• Determine the nature of globalization, cultures, and labor markets, and assess the impact on human resource management (HRM). 
• Analyze international business strategy to identify human resource requirements and formulate supporting HRM plans that can improve productivity and contribute to the firm’s competitiveness.
• Propose staffing alternatives for foreign operations and address the considerations for the use of expatriates versus localization or third-country nationals.
• Assess recruiting and selection strategies that can be used to effectively meet organizational requirements for operating in multiple countries.
• Select performance management processes to assess and improve performance throughout a multinational corporation.
• Propose training programs to improve performance throughout a multinational corporation and address the considerations for effective learning in a diverse workforce of expatriates, host country nationals, and third-country nationals.
• Suggest compensation strategies to support international operations and balance global operational efficiencies with responsiveness to local labor conditions.
• Analyze effective approaches to the broad spectrum of employee relations issues, including fostering ethical behavior, labor relations, and work conditions. 
• Use technology and information resources to research issues in global HRM.
• Write clearly and concisely about global HRM using proper writing mechanics.

Project: You are starting a new company and want to ensure organizational success through operational efficiency and strategic vision. The plan for this project is to understand where there is a need in the market to create a new product/ service, understand the components that need to be addressed or factored when managing operational efficiencies (to include resource management), and present the work as though asking for approval to proceed with the project. Friday we will start the basic research and find an organization to create and market, Saturday the team will work on the paper, Sunday the paper will be finalized and the presentation will be completed. 

 Discuss the major components required in the operational efficiency plan:

• Business Plan
  • How will you obtain funds for the project?  (are you asking for funds or obtaining from another source)
  • How many funds are required to start?
  • What is the timeframe to launch?
  • Resource requirements
    • Hardware
    • Software
    • Other support IT to get the systems up and running (networking, database, etc…)
    • People
    • Equipment
    • Office Space
    • Etc…
• Key concepts to address to ensure the organization is running efficiently
  • Organizational Learning Concepts and Theories
  • Integration of IT Resources
  • Virtual Teams? Local Teams?  Why?
  • Ethical and Legal Implications
  • Cyber Security and Privacy of Information
    • What do you have to account for?  (managing data or credit card information?)
  • Best Practices that you are going to implement in your organization and why
• Summary and Next Steps