You are the financial vice-president of New Generation Innovation, Inc., a large manufacturer of consumer durables that are considering expanding into two developing countries. Mountainia and Desertia recently split
off from the former Soviet Union and may provide opportunities for both manufacturing and sales for your company. While the two countries have similar backgrounds and current GDPs, they differ substantially
in economic policies. Because of limited resources, your company can only expand into one country. You would like to invest in a country that will be growing rapidly so that the citizens will be able to
afford to buy your products. Your job is to assess the prospects for investing in the two countries. In making your decisions, you have met with the Minister of Commerce for Desertia, Ms. Andrei, and the
Minister for Development for Mountainia, Mr. Vlad. Your company has also sent a number of representatives to the two countries to gather data to help you make your decision. Mountainia Mountainia has had a
democratic and populist tradition. This has resulted in the people enjoying substantial civil rights after independence including free speech and popular elections. However, the government has an inefficient civil service
and a mixed record of enforcing property rights. Investment in education and physical capital is low even though public spending and the federal deficit are high. Desertia Desertia is run by a generally peaceful
one-party government. The government budget has been balanced, with taxes and tariffs at a level typical for a developing country. Government spending has focused on education with the goal of universal
primary education. The legal system is well developed and has been effective in supporting property rights (although less effective for political rights). Corruption is low. Unlike Mountainia, Desertia is more
restrictive in terms of civil rights and democracy. There are no prospects for elections in the near future and a number of opposition leaders have been jailed. All television and radio are run by the government.
Newspapers have a close relationship with the government and generally follow a pro-government line. Write your report to the President of New Generation Innovation using the report guidelines found on the
course website and incorporating answers to the five questions below.
Q. 1. Statistics provided by developing countries are not always reliable. Data can be hard to gather and is sometimes reported incorrectly. From your analysis of Desertia, you conclude that citizens there average
$1,000 per month in household disposable income. The Minister of Development for Mountania says that disposable income is the same in his country. To see if the data supports this, your company has sampled
100 households from Mountania and obtained data on household disposable income. Use the Excel file ngi-data.xls, found on the course website to:
a. Derive a frequency distribution of income b. Create a histogram of income c. Obtain and interpret the sample mean, standard deviation and coefficient of variation d. Test the hypothesis, at the 5% significance level,
that Mountania also has a mean of $1,000 Q. 2. Suppose Mountania’s govemment now reports that its population mean disposable household income is $900 per month, with a standard deviation of $100.
Desertia’s population mean is $1,000, with a standard deviation of $300. a. Which country has more variation in income? Explain using popular phrases, such as “gap between rich and poor.-
b. Each country defines the poverty level to be $750. If you assume that income has a normal distribution, find the probability that a household’s income is below the poverty level in
i. Desertia Mountania
Does it seem reasonable to assume a normal distribution? Is income symmetric or skewed? Forthe first part please use Excel.
Presentation As the main male in a gathering of four female taking a shot at an introduction, the learning background restored brilliantly looking was precious. How I got on in the functioning procedure while occupied with the finish of this introduction spoke to a procedure of understanding the distinction in elements of working inside a gathering circumstance whereby my underlying impressions of the advancement being made varied from the way in which every individual moved toward the circumstance. The accompanying will offer a reflection on this circumstance. At first, I felt as though I was the just a single effectively connected on the venture, checking that the others were being impudent in their methodology. Tavris and Wade (1984, pp. 71-73) offered some knowledge into this as they exhort that men are more forceful than ladies. They point to the precedent that this distinction is recognizable as right on time as age three when youngsters begin playing with each other (Tavris and Wade, 1984, pp. 71-73). Their similarity expressed that young men from the begin demonstrate more physical hostility, play forceful, have dream animosity and use verbal hostility (Tavris and Wade, 1984, pp. 71-73). This, they point to is the male part of winning, which implies beginning prior and assuming control (Tavris and Wade, 1984, pp. 71-73). Fay and Tokarczyk (1993, pp. 78-79) built up my seeing further in including that ladies approach work in an alternate way, as they are more social creatures. Dale and Lynne Spender (1986, p. 32) reject the legendary loquacity of ladies showing that in blended sex discussions that ladies just talked ten to twenty percent of the time measuring their circumstance. They included that ladies, in the wake of feeling good in a gathering setting will then set about the job needing to be done, be that as it may, they have secretly contemplated the issue and have complete thoughts and ways to deal with talk about when that time arrives (Spender and Spender, 1986, pp. 34-35). Lunneborg (1990, p. 21) offered the accompanying knowledge to this beginning of the task circumstance that I apparently was so distracted with. She expresses that ladies have a tendency to invest energy assembling and contemplating the data viewpoints in solitary design, measuring the circumstance against their very own abilities and detailing approaches as they consider what they either know or have gathered from different individuals from the gathering (Lunneborg, 1990, pp. 23-28). These elements helped me to comprehend that my learning style was essentially excessively male arranged, making it impossible to at first take in the significances of how ladies approach issues and arrangements. I discovered that the main thing I ought to have done was approach the primary session as a prologue to my colleagues, requesting contributions on the best way to set about the introduction as a gathering procedure, rather than feeling that I was the main benefactor. Novarra (1980, p. 51) exhorted me that ladies oversee in a less scholarly manner. They, ladies, are "… open, unstuffy, casual, coordinate in coming to the heart of the matter, unconstrained, loath to wrangling, thoughtful and not wordy or self important". Nickles and Ascroft (1981, pp. 206-207) alluded to the prior style as 'beta'. They, ladies, use control for the benefit of the gathering instead of the individual, and that great administration speaks to affectability in the formation of a workplace that cultivates development and learning (Nickles and Ascroft. 1981, pp. 206-207). They offered extra knowledge in that 'Beta' control thinks more about the nature of work life and utilizations adaptable calendars, work sharing and the decentralization of power (Nickles and Ascroft. 1981, pp. 206-207). Pioneers are not required at the highest point of the progressive system in deciding, as it is a mutual procedure. Howe (1975, pp. 127-171) exhorted me that ladies are more law based, populist and helpful. In working with men, or for this situation a male, ladies have a tendency to back things off to make a pace that reflects considering and sharing. She included that ladies have an elective perspective of intensity that depends on sisterhood, and that in a gathering circumstance the typical initial phases in the process involve a casual discourse as the gatherings become acquainted with each other for later association rather than the male technique for the huge pooch assuming control and giving different things a chance to become all-good. As I saw the aggregate methodology grab hold later all the while, the understanding I increased afterward improved me comprehend the elements of working with ladies and how my underlying impressions were male based. The trouble I believed I had in keeping up gathering center was my male methodology rather than the intelligent and gathering sharing methodology ladies use to address working circumstances, which are comparable in setting to their methodology of issues in any frame. End The dread I encountered in working with a gathering of four females instructed me that there are contrasting manners by which the way to deal with a working circumstance can be taken care of. As the main male part I push myself into speculation into feeling that I expected to assume responsibility, despite the fact that I kept down on that activity. Upon reflection, that was an insightful decision as the gathering elements later demonstrated to me that the current work was being taken care of, however in an unexpected way in comparison to I was acquainted with. The absence of individual clashes, the general obligingness of the gathering, and the way toward creating the piece was an agreeable and beneficial session. My sentiments of getting a poor start did not represent the quickened pace of improvement as a group whereby thoughts, arrangements and commitments streamed normally without power battles, in this manner shortening the time period to get things achieved. Everything considered the whole experience empowered me to detract from the procedure another arrangement of methods and understandings regarding bunch elements that was not only appropriate to ladies, but rather gatherings of any sex structure. My worries with respect to being the main male in the gathering were aspects of my own creative energy as the females did not and were not centered around sexual orientation contrasts, they were centered around cross section the gathering into a firm unit, whereby the collaboration would be more prominent than the parts. List of sources Fay, E., Tokarczyk, M. (1993) Working Class Women in the Academy. College of Massachusetts Press Howe, F. (1975) Women and the ability to change. McGraw Hill>GET ANSWER