1. Ben & Jerry's Homemade, Inc., the Vermont-based manufacturer of ice cream, frozen yogurt, and sorbet, once,...
Question:
1. Ben & Jerry's Homemade, Inc., the Vermont-based manufacturer of ice cream, frozen yogurt, and sorbet, once, admirably, had a 5 to 1 rule limiting the pay of its CEO -- $81,000 -- to the company's lowest paid worker. It required the CEO to raise the pay of his employees to create a pay raise for himself.Applying Hofstede's model of cultural influence, which of the five cultural dimensions ismostclosely related to this rule? Why? Support your answer with chapter material.
Please make sure to incorporate concepts, theories, andresearchfindings from Chapter 1 in your answers.
2. Correlation should not be equated with causation. The textbook presented the example of height and weight to illustrate that point.
Based on your life/work experiences and, independent Internet research,describeone example of two variables that are correlated, but may not have a cause-effect relationship. Such correlations are known asspurious correlations. Answer the following questions:
- Are the two variables in your example positively or negatively correlated? Why? How can you tell?
- What possible third variables could be causing both variables?
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen