Indian Work Culture and Ethics Quiz

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Questions and Answers

What does work ethos or work culture refer to?

Work ethos or work culture refers to certain norms or behaviour governing the conduct of workers involved in work situations to achieve certain desired objectives.

How does the degree of one's involvement influence performance?

The degree of one's involvement influences performance to give high or low productivity, high or low quality. The higher the degree of involvement, the higher will be the productivity and quality.

What is work culture also concerned with, apart from a worker's involvement?

Work culture is also concerned with a worker's loyalty and sense of belongingness towards the organization by their behavior.

What is the top agenda of employees according to the text?

The interest of the organization must be the top agenda of employees. Their activities must focus on the protection of the interests of the organization and its stakeholders. Signup and view all the answers

How can workers protect the interest of their organization?

Workers can protect the interest of their organization through higher productivity and quality of a product. Signup and view all the answers

Explain the characteristics of an ideal measure of dispersion.

An ideal measure of dispersion should be easy to understand and calculate, unaffected by extreme values, and should allow for meaningful comparison between different sets of data. Signup and view all the answers

Define skewness and kurtosis.

Skewness measures the lack of symmetry in a distribution, while kurtosis measures the tailedness or peakedness of a distribution. Signup and view all the answers

Describe the properties of correlation.

The properties of correlation include being dimensionless, lying between -1 and 1, and being unaffected by changes in location and scale of the variables. Signup and view all the answers

Discuss the computation of median for a given data set.

To compute the median for a given data set, first arrange the data in ascending order and then select the middle value if the number of observations is odd, or take the average of the middle two values if the number of observations is even. Signup and view all the answers

Explain the formula for calculating the coefficient of variation.

The coefficient of variation is calculated using the formula $CV = (s/\bar{x}) \times 100%$, where $s$ is the standard deviation and $\bar{x}$ is the mean. Signup and view all the answers