Purchase Solution

Employee Productivity statistical analysis

Not what you're looking for?

Ask Custom Question

See attached table and data chart:

A. What firm-specific and industry-specific factors might be used to explain differences among giant corporations in the amount of revenue per employee and profit per employee?

B. A multiple regression analysis based upon the data contained in the attached table reveals the following (t statistics in parentheses):

Profit/Emp=$17,267,679 + 0.052 Ind. Profit/Emp +
(1.26) (0.16)
0.083 Rev/Emp + 0.006 Ass./Emp.
(5.19) (3.86)

R squared = 98.0%, F Statistic = 417.12

Interpret these results. Is profit per employee more sensitive to industry-specific or firm specific factors for this sample of giant corporations?

Attachments
Purchase this Solution
Solution Preview

Firm-specific factors which can explain differences in employee productivity include:
Technology: do all the employee have access to state of the art equipment? Do they have to spend a lot of time trying to find things because of outmoded software?

Geographic location: different regions of the country are wealthier than others, and thus the firms in these areas are likely realize high profit margins
Company culture: Employees tend to look to their co-workers for clues about how to perform their duties. A company culture that motivates employees to work hard will likely have higher profits than one that doesn't.

Industry-specific factors include:
Type of work: Different industries have different profit margins. Companies that provide credit services, for example, will realize a high revenue per employee. Companies that use employees merely to help people locate things, like home improvement stores, will have lower revenue per employee figures.
Presence of unions: some industries have high rates of unionization among employees. This tends to increase wages and decrease profit per ...

Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

View More Free Quizzes
Related BrainMass Solutions

  • Organizational Psychology Defined

    In general, the role of the organization psych. is to use their expertise in such areas as employee morale and productivity issues, however, they commonly wil be key team members in offering suggestions on such topics as survey design, business analysis

  • Suppose a study was conducted to test the effectiveness of three types of incentive systems on employee productivity.

    151188 Suppose a study was conducted to test the effectiveness of three types of incentive systems on employee productivity. Suppose a study was conducted to test the effectiveness of three types of incentive systems on employee productivity.

  • Productivity Analysis- Output (and Labor Output) per Hour

    Click in the cells to see the caculation Below are some notes/assumptions: (1) Assumption of 8 hours each day for each employee (2) Option 2- with 2 worked, total work day is 16 hours (3) Option 2- productivity is driven by the analysis and analysis

  • ANOVA and MANOVA

    When a company wants to compare the employee productivity based on two factors (2 independent variables), then it said to be two way (Factorial) ANOVA.

  • Hypothesis Testing Method for JRT Experiment Design

    Ten years productivity data before the development program was introduced and ten years employee turnover data after the development program at Agra Food Company were collected. Data Analysis and Interpretation: Please see excel Sheet.

  • Question about Data Collection

    338612 Question about Data Collection SYSTEMS OPERATIONS MANAGEMENT Employee Data Collection Training Employee Data Collection Training: Your boss has asked you to help new employees understand uses of data in systems-operation management and

  • Job Analysis

    75658 Job Analysis How does a job analysis increase productivity, aids in job description creation, and guides employee team formation.

  • Productivity Analysis- Output (and Labor Output) per Hour

    Data can be gathered on one project while the analysis is being completed on another, but the analysis must be complete before the statistical analysis program can accept the new data.

  • Employee morale and productivity

    Once we have done this we can then tabulate the numeric values and subject them to statistical analysis.

  • Productivity Measurements from Economists and Managers

    First, the company will need to measure the employee workload to create a standard. This is accomplished by developing statistical and measureable way to rate each employee's actual production.

View More Related Solutions