20200705121848BN001097146_a1aceb19120d96f36022819783233f75.docx

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UTS Business Statistic2140067475Anggi Gesita Lie7.15 The goal of corporate sustainability is to manage the en- vironmental, economic and social effects of a corporation’s op- erations soit is profitable over the long-term while acting in a responsible manner to society. A Nielsen survey found that 55% of global respondents are willing to pay extra for products and ser- vices from companies that are committed to positive social and environmental impact. (Data extracted from Doing Well by Doing Good, Corporate bit.ly/1TelF2U.) Suppose you select a sample of 100 global respondents. Answer:a. What is the probability that in the sample fewer than 55% are willing to pay extra for products and services from companies that are committed topositive social and environmental impact?

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