CONSISTS OF 2 PARTS YOU NEED TO READ UNIT 2 AND 8 FROM STUDY BOOK ATTACHED.

1 PART IS:
Unit 3 Learning Log Activity
In the 1980s, Freeman introduced stakeholder theory, which led to the development of the notion of the response organization and, it is argued, ultimately, the introduction of the concept of corporate social responsibility (CSR).

For the learning log, you are required to provide a report of this investigation. In this you must explain what steps you took to locate your final selection of papers. This should include the keywords you employed to narrow the list down and your objectives at each stage.

You are then to provide a very brief, high level, summary of what you discovered from your search. It is recommended that you consider what the literature search revealed about stakeholder theory and what you learnt from the process of the search.

2ND PART:
Unit 8 – Learning Log (Presenting Findings)

Unit 8 Learning Log Activity
For the learning log, you are to answer the following questions for the set scenario:

The annual profit for your organisation last year was 1203, per employee. The average for the sector was 1228 per employee. You need to know if there is evidence that your organisation is not as profitable, on average, as your competitors. The standard deviation for the sector is 104 per employee.

Question 1. State H0 and H1 for the test to check this?

Assuming that annual per employee profit follows a Normal distribution, the resulting P-value for the test is, P 0.405 (3 d.p.):

Question 2. Based entirely on this P-value, what would you conclude from the test?

Question 3. What is the probability of getting a profit per employee of 1203, or less, when there is no statistically significant difference between that for your company and the industry average?

Question 4. If your annual per employee profit was such that the test had resulted in a P-value given by P0.032 and you were testing at the 0.01 significance level, what would you conclude and why?

Question 5. If you chose to reject H0 but H0 was actually true, would you be making a Type I or Type II error?

Question 6. What assumptions have you made about the annual per employee profit in this test?