PSY 839 Evaluating Measurement Tools Details

PSY 839 Evaluating Measurement Tools Details – The case study you developed for $17 Only

Evaluating Measurement Tools

Details:

The case study you developed in the Module 2 assignment included an initial needs assessment. The use of reliable and valid measurement tools are required to verify and/or effectively modify that initial assessment. Performance psychology specialists have devoted considerable effort to understanding and reducing measurement error; however, the work of error mitigation continues. Thus, the performance psychology practitioner should take every reasonable action to assure that the measurement tool used to assess a case is not only well suited to the problems identified in the case, but also exhibits a reasonable level of reliability and validity.

For this assignment, you will evaluate the reliability and validity of three measurement tools that could be used to assess the needs of the client in the case you described in the Module 2 assignment. One tool should be selected from each of the following forms: physiological measurements, human performance measurements, and survey instruments. You should consider predictive, construct, content-related, and criterion-related validity in your evaluation.

General Requirements:

Use the following information to ensure successful completion of the assignment:

Instructors will be using a grading rubric to grade the assignments. It is recommended that learners review the rubric prior to beginning the assignment in order to become familiar with the assignment criteria and expectations for successful completion of the assignment.
Doctoral learners are required to use APA style for their writing assignments. The APA Style Guide is located in the Student Success Center.
This assignment requires that at least two additional scholarly research sources related to this topic, and at least one in-text citation from each source be included.
You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center. Only Word documents can be submitted to Turnitin.

Directions:

Choose three measurement tools that could be used to assess the needs of the client in the case you described in the Module 2 assignment. One tool should be selected from each of the following forms: physiological measurements, human performance measurements, and survey instruments.

Write a paper (1,750-2,000 words) in which you evaluate the three measurement tools you selected. Include the following in your paper:

  1. A description of each measurement tool and its theoretical foundation.
  2. A research-based discussion of the reliability and validity of the measurement tools.
  3. A rationale for using the measurement tools in the case you described in the Module 2 assignment.

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Paper Evaluating the Financial Health of Exxon Mobil Corporation

Exxon Mobile Oil Platform in the North Sea.

Paper Evaluating the Financial Health of Exxon Mobil Corporation

Write a 750- to 1,050-word paper evaluating the financial health of a company. Highlight the importance of industry comparisons and trends.

Conduct an industry comparison. In your paper, discuss how your company’s financial performance compares with others in your company’s industry.

Cite all of your sources, and provide website URLs.

Format your paper consistent with APA guidelines.

Post your paper as a Microsoft® Word attachment.

Submit a 3- to 5-slide Microsoft® PowerPoint® presentation that highlights the financial data of your company and illustrates the comparisons you wrote about in your paper.

Appendix A

For the final project, you will evaluate the financial health of a company.

Evaluating a Company’s Budget Procedures of Springfield Corporation

Budgeting

Evaluating a Company’s Budget Procedures of Springfield Corporation        in $9 only (Instant Download)

Source: Managerial Accounting by Garrison  11E  Chapter 9: Profit Planning

Springfield Corporation operates on a calendar-year basis.  It begins the annual budgeting process in late August, when the president establishes targets for the total dollar sales and the net income before taxes for the next year. The sales target is given to the Marketing Department, where the marketing manager formulates a sales budget by product line in both units and dollars.  From this budget, sales quotas by product line in units and dollars are established for each of the corporation’s sales districts. The marketing manager also estimates the cost of the marketing activities required to support the target sales volume and prepares a tentative marketing expense budget. The executive vice president uses the sales and profit targets, the sales budget by product line, and the tentative marketing expense budget to determine the dollar amount that can be devoted to manufacturing and corporate expenses, and then forwards to the Production Department the product-line sales budget in units and the total dollar amount that can be devoted to manufacturing. The production manager meets with the factory managers to develop a manufacturing plan that will produce the required units when needed within the cost constraints set by the executive vice president.

The budgeting process usually comes to a halt at this point because the Production Department does not consider the financial resources allocated to be adequate. When this standstill occurs, the vice president of finance, the executive vice president, the marketing manager, and the production manager meet to determine the final budgets for each of the areas.  This normally results in a modest increase in the total amount available for manufacturing costs, while the marketing expense and corporate office expense budgets are cut.  The total sales and net income figures proposed by the president are seldom changed.  Although the participants are seldom pleased with the compromise, these budgets are final.  Each executive then develops a new detailed budget for the operations in his or her area.

None of the areas has achieved its budget in recent years.  Sales often run below the target.  When budgeted sales are not achieved, each area is expected to cut costs so that the president’s profit target can still be met.  However, the profit target is seldom met because costs are not cut enough.  In fact, costs often run above the original budget in all functional areas.

The president is disturbed that Springfield has not been able to meet the sales and profit targets.  He hired a consultant with considerable experience with companies in Springfield’s industry.  The consultant reviewed the budgets for the past four years.  He concluded that the product-line sales budgets were reasonable and that the cost and expense budgets were adequate for the budgeted sales and production levels.

1. Discuss how the budgeting process as employed by Springfield contributes to the failure to achieve the president’s sales and profit targets.

Sample Answer:

The budgeting process as employed by Springfield contributes to the failure to achieve the president’s sales and profit targets. The root cause of failure lies in the budgeting of the Marketing Department where targets (sales quotas and budget is distributed at the same time. The marketing expense budget is bound to fail because the allotment of budget does not automatically lead to sales and profit targets. Further, the sales and profit targets cannot be used to set manufacturing and corporate expenses…..

2. How would you change the cost measurements?

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If you need any type of help regarding Homework, Assignments, Projects, Case study, Essay writing or any thing else then just email us at [email protected]solvemyquestion.com.  We will get back to you ASAP. Do not forget to maintain the time frame you need you work to be done.