Applying EridanusBased Management Principles 1. Maria is interviewing for an Acoourit Executive position at DataRUs, which is a growing company located throughout the US. and Canada which provides data servioes for companies. Tho base salary for the Account Executive position is $20,000 and is nonnegotiable. Commissions are earned depending on tho number and size ofaocounts each Account Executive brings in. Last year, tho average commission earned for the 32 Aocount Executives at tho company was $52,300. Maria currently earns $52,000 annual salary in a noncommissionbased sales job. Are there any questions Maria might ask about the compensation package before she decides to accept the job? lfso, what are those questions? 2. Hannah, Abby, and Jake are playing darts at a local bar. Hannah is a hit tipsy and is not playing well at all {e.g.= hor throws are not valid or reliable]. Abby is a pro and has been playing darts for years {e.g.= hor throws are valid and reliable). I also used to be a baseball pitcher so his throws are consistent (reliable) but the dart board is higher than the baseball strikezone so the darts are not hitting the bull's eye [not valid}. \f\f5. lDinar is a training consultant trying to help NomNom Restaurant Chain improve customer satisfaction. Omar says that there is a negative correlation of _ 12 between the amount of \"air" (i.e_, silly buttons, ties, jewelry} that food servers wear and customer satisfaction ratings. What does this correlation mean? Should NomNom Restaurant change their dresscode policy onthe wearing of 'air\" What else might NomNom ask Omar before making an],r decisions? 6. BestEver Corporation is interested in selecting the best job applicants and currently uses 3 different selection criteria: 1} a structured job interview; (2} the Wonderlic [an intelligence test}; and 3] SAT or ACT scores. Pretend that data om similar companies indicate that the correlations between each of these selection tests and employee job performance are as follows: I +2? for structured job interviews I +33 for the Wonderlic I +34 for ACI'J'SAT scores a. What do these correlations mean [draw graphs or explain in words]? b. How, pretend that data om similar companies indicates that the selection tests demonstrate the following correlations with each other: I +_D between structured job interviews and Wonderlic I +_ 11 between structured job interviews and ACT-"SAT scores I +33 between Wonderlic and ACT-"SAT scores b. Should the company continue to use these 3 selection criteria? Why or why not? 7'. Alison is a manager of customer service representatives for an insurance company. Alison learned in her HR class that workers who interact equently with aneg customers can experience stress and health problems. Alison surveys her 45 employees and nds they report a high average level of stress (1? on a 10point scale). Alison would like to convince the HR manager to start onsite yoga classes to reduce employee stress. Alison hosts one yoga class one night aer work and asks 1:] of her employees to go try it out. The next day she measures the stress level ofthose 10 employees and th Eport an average stress level of only 3.4