Assignment: Evaluations, Compensation, and Firm Objectives MT 203-3: Explain how companies link compensation and evaluation to organizational objectives. GEL-1.02: Demonstrate college-level communication through the composition of original materials in Standard English. Introduction: A company’s mission, vision, and values must be aligned with the company strategy. Then each of the functional areas of the company have their own strategies that align with the overall company strategy. In this Assignment you will explain how a company can link their compensation and performance evaluations to the organization’s innovation objectives. Read the case study below, and respond to all the checklist items. Case Study: Evaluations, Compensation, and Firm Objectives Braintrust Toys is a toy maker that has as its mission, “Our purpose is to expand the minds of children 1 month–100 years old.” Currently they use a product development strategy but believe that maybe they need to orient their company towards an innovative strategy. Their current objectives are to: Invent 10 new toys every year and reinvent at least 10 more. Increase revenues by 15% per year. Employ motivated and committed workers. Provide safe and intellect-expanding toys for everyone. Braintrust Toys has operated as a medium-sized company for about 20 years. Their compensation to date has been based on longevity at the company. The evaluations were performed by their managers after reviewing their results based on their influence on: (1) increased department product output (75%), and (2) increased department sales (25%) at the end of the year. With the increasingly mechanized and digitized toys, and now robotics involved in toy making, many employees have been let go or offered early retirement due to their obsolescence. The new objectives in line with the new innovation strategy include: Enhance attributes and convenience in at least 20 existing products. Launch at least 15 new products that appeal to new customers and new markets. Develop 5 new markets. Hire personnel that think innovatively. Hire diverse support personnel and designers who are customer service oriented to support new products and markets. The 200 remaining employees are beginning to worry, and feel their compensation and evaluation process needs an overhaul. Checklist: Explain how Braintrust can link their compensation and evaluations to the company’s new objectives and innovation strategy. What methods of performance evaluation might they use? Explain your reasoning for using the methods of evaluation you chose.

Topic: Confidence intervals and sample size Using the data set you collected in Week 1, excluding the super car outlier, you should have calculated the mean and standard deviation during Week 2 for price data. Along with finding a p and q from Week 3. Using this information, calculate two 95% confidence intervals. For the first interval you need to calculate a T-confidence interval for the sample population. You have the mean, standard deviation and the sample size, all you have left to find is the T-critical value and you can calculate the interval. For the second interval calculate a proportion confidence interval using the proportion of the number of cars that fall below the average. You have the p, q, and n, all that is left is calculating a Z-critical value, Make sure you include these values in your post, so your fellow classmates can use them to calculate their own confidence intervals. Once you calculate the confidence intervals you will need to interpret your interval and explain what this means in words. Do the confidence intervals surprise you, knowing what you have learned about confidence intervals, proportions and normal distribution? Please the Week 5 Confidence T-Interval Mean and Unknown SD PDF and the Week 5 Confidence Interval Proportions PDF at the bottom of the discussion forum. This will give you a step by step example on how to help you calculate this using Excel. These PDFs will also help you in Tests&Quizzes tab. Instructions: Your initial post should be at least 150 words. You must also respond to at least 2 other students. Responses should be a minimum of 50 words and may include direct questions. In your first peer posts, pick another confidence level, i.e. 90%, 99%, 97%, any other confidence level is fine. Have fun and be creative with it and calculate another T-confidence interval and interpret your results. Compare your results to that of the initial 95%, how much do they differ? How useful can this type of information be when you go to buy a new car, or even a house? In your second peer posts, pick another confidence level, i.e. 90%, 99%, 97%, any other confidence level is fine. Have fun and be creative with it and calculate another proportion interval and interpret your results. Compare your results to that of the initial 95%, how much do they differ? How useful can this type of information be when you go to buy a new car, or even a house? Make sure you include your data set in your initial post as well. In this discussion forum you should be calculating 4 total confidence intervals. Two T-confidence intervals and Two proportion confidence intervals. Two in your initial post and then one in each of your response posts. Initial Post Due: Thursday, by 11:55 p.m., ET Week 5 Confidence T-Intervals Mean and Unknown SD.pdf Week 5 Confidence Intervals Proportions.pdf Week 5 Project 2 DUE: Jul 5, 2020 11:55 PM Top of Form Assignment Instructions Instructions: Create a Cover Letter, Resume, and Interview Thank You Letter with three parts using MS Word This project requires you to use MS Word to create ALL THREE PARTS in the SAME document. Be sure to check for spelling and grammar errors. The name of the company is ITM Strategies. The company is hiring an office manager position for their headquarter's office. You will need to exercise your Microsoft Word skills as many managers do when performing many of their own tasks. Use a letter template to create the letters and develop a new resume (which may be accurate or fictitious). Be sure to incorporate the key features listed below. You will be graded on use of all features, design, thoroughness, creativity and overall impression. Feature Include Cover LetterDevelop the letter using a letter template.Include a date, address, salutation, body, and signature.Write the body of the letter explaining how you are interested in the position and listing the skills you have that would be an asset to the company.Use Times New Roman in 12 size font.ResumeUse a Table to help you get the best use of space on the page (templates with tables are acceptable).Bold at least one or several important points in your resume.Use italics for any job titles.Include a bulleted list for each position showing job responsibilities.Interview Thank you LetterDevelop the letter using a letter template.Include an address, salutation, body, and signature.Insert a date.Write the body of the letter thanking management for the interview opportunity.Use Times New Roman in 12 size font. Rubric Descriptions Points Available Points Earned Comments Cover Letter 33 Resume 34 Thank You Letter 33 Final Grade 100 Week 5: SRI Funds and Business Ethical Obligations This week's lesson discussed SRI funds, corporate social responsibility, and environmentalism. Consider and comment on the following questions: 1. Consider the list of industries in your lesson in which SRI funds will not invest. Are there any on the list with which you would take issue? If you had to make an argument for the ethical premise of one of these industries (i.e. to have one of them taken off the list), which one would you pick and what would your argument be? 2. Consider the principle of profit maximization and the notion that businesses shouldn't be obligated to do anything but make money. Do you think businesses have an obligation to help support society and the natural environment? Considering how poor businesses are at self-regulation (evidence of this is everywhere), should the government step in and require businesses by law to behave in certain ways (e.g. environmental and societal welfare laws)? Why or why not? Instructions: The goal of the discussions is to have a robust, informative, and reflective interaction about course topics. Learning is directly related to effort put forth toward discussion engagement and participation. In order to encourage active and quality participation that adds value and increases learning, the grade you earn will be higher as your participation and quality of content increases. Please post at least two substantive replies to classmates or your instructor for full credit consideration. Refer to the grading rubric for specific guidelines. You are expected to participate during the current week's discussion. Contact your instructor in cases of emergency or uncontrollable circumstances. Initial Post Due: Thursday, 11:55 PM EST