Running Head CRITICAL ANALYSIS OF THE WHISTLEBLOWER INCENTIVES 1.docx

Running Head: CRITICAL ANALYSIS OF THE
WHISTLEBLOWER INCENTIVES 1
CRITICAL ANALYSIS OF THE WHISTLEBLOWER
INCENTIVES AND PROTECTION 27
Critical Analysis of the Whistleblower Incentives and
Protection
Professor’s Name
Student’s Name
Course Title
Date
Contents
List of Figures 5
Introduction 6
Background Information 6
Cognate (Finance) 7
Problem Statement 7
Purpose of the Study 8
Research Questions 8
Relationship of the Research Questions to Problem Statement 9
Nature of the Study 10
Methodology 11
Design 11

Fixed, Flexible, and Mixed Method Designs 12
Appropriateness of flexible design in this research? 12
Qualitative research methods 13
Interviews 14
Case study 14
Methods for Triangulation 14
Appropriateness of the Single Case Study 15
Research Framework 15
Research Framework Diagram 16
Research Framework Concepts 17
Research Framework Theories 17
Maslow’s Motivational Theory17
Transformational Leadership Theory; 17
McClelland’s need theory; 18
Research Framework Actors 18
Leaders 18
Followers; 18
Accountants; 18
Research Framework Variables 19
Leadership style; 19
Intrinsic motivation;19
Whistleblower demographic; 19
Variables to Include Critical Analysis 20
Related Studies 20
Anticipated and Discovered Themes20
Summary 21
Definition of Terms 21
Assumptions, Limitations, Delimitations 22
Significance of the Study 23
Reduction of Gaps in the Literature 24
Implications for Biblical Integration 24
Relationship to Cognate 24
Summary 25
Conclusion 25
References: 26

List of Figures
Figure 4.1 conceptual framework
diagram…………………….………………………….15
Introduction
Whistleblower incentives and protection refers to the monetary
reward as well as protection which the United States
Government offers to the individuals who expose certain
wrongdoings in the community more especially in government
institutions. The Federal law requires the government to reward
the whistleblowers a certain percentage of money that is
recovered following their tips of exposing the wrongdoing acts.
This percentage may go up to 30 percent of the total recovered
money. In this paper, I will critically analyze whether
Whistleblower Incentives and Protection are ways of applying
investment banking incentives to control management unethical
and illegal practices. And maybe are the whistleblowers
rewarded accordingly in terms of security and
money.Background Information
Whistleblower incentives and protection rights are clearly stated
per the federal laws. The main reason for having such laws is to
promote transparency and motivate people to shun unethical
behavior in various professions. Corruption is the main vice that
is targeted by whistleblower incentives and protection. Federal
laws require government agencies to provide maximum security

to a whistleblower in the process of investigating a vice and
even after the culprits have been apprehended. More so, it is
required by law that the whistleblower gets a certain amount of
the recovered resources. Whistleblower incentives and
protection services have promoted the war against corruption,
especially in government institutions. However, the same laws
and incentives have not been effectively applied in various
private sectors, including the banking sector, (Lee & Turner,
2017). Cognate (Finance)
Effective incentives and protection services for whistleblowers
in various financial institutions are lacking. As a result,
corruption is rampant in the general finance sector. The
majority of companies lose a lot of resources annually due to
unethical practices in their finance departments. For instance,
money laundering and tax evasion practices are common among
the finance departments of various companies. Incentives and
protection services in the finance departments are less effective
compared to other departments especially in the private sector,
(Gupta & Chaudhary, 2017). Managers and their subordinate
staff are less empowered to report unethical practices. The
finance sector is very important both to the government and to
private corporations. It is essential to formulate effective
incentive and protection laws, as well as policies, that apply to
the finance departments of any company.Problem Statement
According to Andon, et al., (2018), Lack of whistleblower
incentives and protection makes it difficult for whistleblowers
to report wrongdoing, as they feel insecure. This is also
supported by Ballan, (2017) who stated that the current
whistleblowing system is not effective and therefore does not
provide the basis for investigation of corruption cases and any
misconduct within a company. Also, according to Keith, Todd &
Oliver, (2016) the managers are not empowered to sanction
employees involved in unethical behaviors because of lack of
whistleblower incentives. A recent study by Keith, Todd &
Oliver, (2016) stated that the finance department in any
organization is a very critical area that can determine the

overall performance of an organization. Failure to provide
whistleblower incentives and protection to finance staff makes
it difficult for them to report unethical behaviors.Purpose of the
Study
The purpose of this study is to come up with a reliable approach
that can be utilized to apply incentives and protection laws in
finance departments. This can be achieved by critically
analyzing the applicability of the existing incentive and
protection laws in the financial sector, specifically in
investment banking. This study will attempt to fill the existing
knowledge gaps by analyzing the factors that affect the
applicability of incentives and protection laws in finance
departments. The financial sector is very complex and any
change can have a significant effect on the global economy. As
such, it is necessary to formulate effective laws that can deter
vices such as money laundering and other fraudulent activities
within the investment banking sector, (Gupta & Chaudhary,
2017). The analysis will focus on identifying the role of
whistleblowers in the investment banking sector. This study
hopes to build on the existing information about the incentives
and protection laws and their applicability in various sectors.
Research Questions
It's important to note that integrity and corruption-free
environment can be enhanced if specifically, the involved
organizations are audited or watched from another third party
which may or may not from within the organization. The third-
party in this case is the whistleblower. This critical analysis
takes into consideration the general facets of whistleblowing,
before analyzing it from within the investment banking sector.
More importantly, the main aim of this paper is intended to
explore the answers to the following questions;
1. What role do whistleblowers play in curbing unethical
behavior?
2. What are the underlying incentives that instigate
whistleblowing?
3. Why has the finance department failed to provide these

incentives and protection for the whistleblowers?
· How has the finance department failed to provide incentives
and protection to the whistleblowers?
· How does the finance department plan to address this issue?
4. What are the effects of legislation that encourage or aim to
protect whistleblowers?
· Should the same legislative incentives operate within the
investment-banking sector considering the volatility of stock
exchange markets across the world and the impact of
psychology on the investment decisions made?Relationship of
the Research Questions to Problem Statement
Research Question 1.
This will help understand the exact role that whistleblowers
play in shaping ethics by reporting any kind of wrongdoing,
misconduct and unethical behaviors. The research aims to
address the problem of whistleblowers not being given enough
incentives and protection. To understand this problem, it is
necessary to understand what role these whistleblowers play in
a company and why it is very important.
This question will enable the researcher to understand the kind
of incentives and protection that instigate whistleblowers.
Protection could be in the form of financial benefits or legal
protection.
This question will enable the researcher to dig deep into the
possible causes of failure by the finance department to provide
these incentives and protection. This will enable the researcher
to understand to whom the finance department reports and thus
understand whether the problem is within the finance
department or those to whom the department is answerable. This
will enable the researcher to understand exactly how the finance
department has failed the whistleblowers. It will also shed more
light on the exact grievances of the whistleblowers. This will
explain the failure on the part of the finance department in this
research. Also, it will look at the approach the finance

department aims at using to address this problem. Also, the
researcher will know if the finance department plans to offer a
solution to this issue and how. This research question addresses
the failure of the finance department to provide incentives and
protection to the whistleblowers. It also aims at providing a
solution to the problem.
This question aims to enable the researcher to give information
concerning whistleblowing in both public and private
institutions, with a special concentration on investment banking.
Also, the history of whistleblowing, the laws governing it, its
benefits to the organization including both its theoretical and
conceptual framework. From the research, the reader would be
able to know about whistleblowing in corporations including the
whistle blower's incentives and protection.Nature of the Study
This study aims at analyzing the factors that affect the
implementation of incentives and protection laws in finance
departments. More so, the study will conclude by providing
recommendations about how various companies can effectively
apply incentives and protection laws in their finance
departments to curb vices such as corruption. As such, it is
necessary to adopt an approach that does not only promotes the
research process but can also accommodate unforeseen changes
that may arise in the process, (Gaus, 2017). Therefore, a
qualitative approach to research will be used for this study.
Qualitative data will be collected through interviews. All
stakeholders in the finance department will be engaged in the
interviews to ensure that the study captures all the necessary
information. The research will adopt the most appropriate
approach to ensure that the research questions are answered in
the findings. This study will adopt a flexible approach that can
accommodate findings that are not anticipated or captured in the
research questions.
Methodology
This research study will be conducted with a flexible design

using qualitative methods specifically; a single case study
design will be used. This will be the best approach for this
research since the research addresses why whistleblowers are
not given adequate incentives and protection. This study does
not only aim at identifying the reasons for not providing these
incentives and protection. As part of the recommendations, the
researcher hopes to come up with a solution drawn from the
findings of the research. The solution should be that of a relief
to whistleblowers. The findings of this research may, however,
change the course of this research and that is why a flexible
research design will be used (Walliman, 2017).
Design
The purpose of the research design is usually to assist the
researcher use the findings of the study to address the problem
stated in their research and the best way possible. It is,
therefore, necessary that the researcher think critically about
the information they want to get from the research and how they
will use it to solve the problem. Failure to this, the findings of
the research will be weak and will not be convincing enough
(Gaus, 2017).
Fixed, Flexible, and Mixed Method Designs
Fixed research design is mainly used when conducting
quantitative research. The research can either be experimental,
quasi, or semi-experimental. Statistical analysis methods such
as correlation analysis and regression models are used to
interpret the relationship between variables in fixed research
designs. On the other hand, flexible research design is
commonly used in qualitative research while mixed research
design includes some aspects of both fixed and flexible
research. A mixed method approach is best applicability in a
case where the researcher hopes to obtain more accurate results
that are verifiable.
Appropriateness of flexible design in this research?

A flexible design is a research design, which allows the
researcher to get feedback from his research. This feedback may
end up changing the course of the experiment. This research
design allows the researcher to analyze their target more closely
thus saving on time and resources. This means that the
researcher gets answers sooner than when using other designs.
However, this design allows the possibility of bias in selection.
The main aim of this research is to address the problem of
whistleblowers not being given enough incentives and
protection. It will also address the failure of the finance
department to provide whistleblowers with necessary incentives
and protection. At the end of this research, the researcher
should be able to give recommendations that will involve a
solution to the problem. If the researcher cannot offer a solution
to this problem, they would have failed in their research (Gaus,
2017).
Qualitative research methods
Qualitative research methods are those methods that are used to
collect non-numeric data. This data is used to interpret the
meaning of a concept and understand the concept better.
Through studying a given population, this research method uses
non-numeric data to determine the relationship of cause between
the parties involved. Qualitative research methods help the
researcher to obtain answers as to why a certain problem exists.
The problem of whistleblowers not being given incentives and
protection could involve several parties. The problem could be
with the government, that is, the policymakers who dictate how
companies work. Alternatively, the problem could be with the
finance department as stated in the research problem. The whole
management of the company could be the issue or the
whistleblowers themselves. Maybe they are demanding more
than the companies can offer (Gaus, 2017).
This research is, therefore, requires that non-numeric data be
collected from all the parties involved. The researcher has to
look at the role of each party involved. This way they will be

able to determine the cause of the problem. See if
whistleblowers are important in a company if a company can
manage without them. Also, look at all the possible causes of
the failure to pay the incentives to know where the problem lies.
The researcher should be able to approach the problem from all
possible angles to come up with accurate findings. Several
research methods can be applied to qualitative research. They
may include the methods and tools that will be used in the
research. These methods influence the results of the research
and once again, the researcher should be careful when selecting
the methods to use in their study. In this research, interviewing
will be a convenient method since the research will be carried
out in one selected company and not many people will be
involved (Walliman, 2017).
Interviews
To ensure that reliable information is gathered from the
financial department, an interview will be scheduled with the
head of the finance department in the case study company. The
company's policymakers will also be interviewed to this effect.
This is because there are not many people involved here.
Interviews will enable the researcher to probe further in case
the information given is not satisfactory.
Case study
This is a research method that involves a deep investigation of a
single person or group selected for certain research. It could be
either descriptive or explanatory. This research aims at
analyzing the failure of the finance department to provide
incentives and protection for whistleblowers. This could,
therefore, be best described as an explanatory case study since
it aims at answering the question 'why?' This research will be
carried out in a selected company; the researcher will conduct a
deep study on the problem stated. The researcher will collect
data on the failure of the finance department in providing
incentives and protection for whistleblowers in the selected

company.
Methods for Triangulation
Any research that adopts more than one approach requires an
appropriate triangulation method. Triangulation involves
harmonizing the findings obtained from several sources that
were analyzed using different research methods, (Walliman,
2017). This study will mainly be qualitative thus numerous
triangulation methods are not necessary. However, the research
findings and conclusions will be based on interviews and
observations from the selected company. This means that more
than one set of data will be available for analysis in the
research. The first analysis will be conducted on the exiting
theoretical information that is available for review. A second
analysis will be conducted to deduce crucial information from
the interviews and the specific case study. Therefore, this study
will adopt interpretivism and critical theory methods as the
most appropriate triangulation methods. The two methods will
effectively enable the researcher to triangulate the findings
from different sources to come up with a reasonable conclusion
as well as appropriate recommendations.
Appropriateness of the Single Case Study
Everything that pertains to the requirements of this research
will be collected from one company selected by the researcher
for this study (Ridder, 2017). Using one company for the
research will enable the researcher to conduct comprehensive
research on the matter without having to move from one
company to the other. This will also ensure that the sample
selected for this research is not too large. Thus, the researcher
will be able to save on time and resources.Research Framework
To arrive at the most effective solution regarding the offering of
incentives as well as protection to the whistleblowers and how
it will enhance the eradication of wrongdoing in the investment
banking institutions, a step by step analysis of the most
appropriate strategies must be visualized in form of a schematic

research framework. This research framework vividly illustrates
the structure of the research plan besides helping the researcher
in formulating the relevant research question which is in line
with our research statement above. All the research concepts, as
well as the assumed correlations between these concepts, are
illustrated in the research framework.
Research Framework Diagram
From the diagram below, it's clear that the solution regarding
the incentives and protection of the whistleblowers starts by
looking at the various theories to which will contribute to their
motivation. From the theories then various variables are
considered before looking at the various concepts and how they
relate. Finally, the actors where the whistleblowers are ends the
cycle of incentives and protection of the whistleblowers via
their satisfaction.
Concepts
Actors
Variables
Theories
Leaders
Followers
Accountants
Whistleblower
Moral responsibility
External Whistleblowing
Whistleblower demographic
Intrinsic motivation
Leadership style
McClelland’s need theory
Transformational Leadership Theory
Maslow’s Motivational Theory

Figure 4.1 conceptual framework diagram
Research Framework Concepts
Whistleblower; this is an individual who exposes the activities
that are deemed not correct, unethical in both private and public
sectors. They may feel insecure or harassed by the superiors
since they don’t trust their operations (Andon et al., 2018).
Moral responsibility; refers to the status of morally deserving
punishment, blame, praise or reward for omissions or acts
neglected or performed per the moral obligation of an
individual. The whistleblowers are moral agents and they face
different problems that account for the moral obligation (Ballan,
2017).
External Whistleblowing; entails the reporting of unethical
actions to outside law enforcement individuals like the police.
Any wrong action within the organization is reported by the
whistleblowers. It’s important to note that, the Whistle-Blowers
Protection Act, 2011 was developed to protect whistleblowers
from being victimized (Keith, Todd & Oliver, 2016).Research
Framework Theories
Maslow’s Motivational Theory; this theory indicates that
Motivation is a result of an attempt by an individual to fulfill
the five main basic needs (Acevedo, 2018). This need can create
pressure that can influence the behavior of a person like the
provision of psychological, social, esteem as well as safety
needs
Transformational Leadership Theory; this theory focuses on
how leaders can create positive and valuable change among
their followers or those that they lead. It also focuses on
increasing compliance by giving benefits and rewards (Banks et
al., 2016).
McClelland’s need theory; this theory acknowledges the fact
that needs are acquired or learned depending on the events
people go through in their culture and environment. Individuals
behave differently depending on their needs. For instance, the
need for achievement involves strive to succeed and the drive to

excess based on set standards (Jaquays & Thompson, 2018). The
need for power focuses on the desire to make an impact on
people's lives, the urge to influence others and the desire to
change the way people perceive things. While the need for
affiliation involves the urge to develop strong relationships with
people and maintain them. Research Framework Actors
Leaders; leaders can play an important role in shaping the
behaviors of their followers towards whistleblowing. They must
exhibit legitimate management behavior and moral conduct
within an organization. Therefore, leaders can encourage
whistleblowing in an organization by acting as role models. The
leaders must also have good interpersonal skills between their
followers. The whistleblowers are also considered good
ambassadors by the leaders of their businesses.
Followers; followers are expected to whistleblow whenever
there is misconduct or unethical behavior in an organization.
They also ensure that there is maximum compliance with
organization policies. By them whistleblowing, they prevent
catastrophic incidents in the organizations. They can also play a
significant role in saving money for an organization and
preventing disaster.
Accountants; their role is to ensure there is complete
compliance to finance and accounting policies within an
organization. They also act as whistleblowers and report any
misconduct within their department, hence helping an
organization to combat any illegal operations by uncovering
corruption cases.Research Framework Variables
Leadership style; transformational leadership is style is very
effective in providing protection and incentives for
whistleblowers. The transformational leaders exhibit idealized
influence, intellectual stimulation, individualized consideration
and inspirational motivation (Banks et al., 2016). Such leaders
are risk-takers, critical thinkers, daring, inspiring and visionary
as they collaborate as well as support their followers in
performing their daily activities.
Intrinsic motivation; one of the main reasons why

whistleblowers engage in whistleblowing is that they possess an
intrinsic sense of integrity and justice. According to Lee &
Turner (2017), Whistleblowers brave the moist frightening
situations when their reputation, security, and careers are put on
the line and they seek to hold people who have been involved in
unethical practices accountable for their actions.
Whistleblower demographic; this refers to organizational
tenure, age, and gender that can influence whistleblowing
within an organization. Many researches indicate that women
are more ethical in behavior and judgment as compared to men.
Either senior employees are also more committed and have
higher levels of organizational power as new employees do not
understand the culture of the organization and may, therefore,
be less concerned in whistleblowing (Gupta & Chaudhary,
2017).
Variables to Include Critical Analysis
A variable refers to a specific factor that is being observed for
changes in the variable itself or its influence on a different
factor in research. Some of the variables to be considered in the
critical analysis of this study include the financial value of the
incentives offered to whistleblowers as well as the type of
protection services extended. The study hopes to identify the
financial value of an incentive that is more captivating for
whistleblowers. The critical analyses will also involve an
evaluation of the identified value compared to the financial
resources being recovered from corruption or fraud in various
finance departments.
Related Studies
Some research has been conducted in the past on the
applicability and effectiveness of government-provided
incentives. A study conducted by Lee & Turner, (2017).
Analyzes the effect of government-administered rewards
whistleblowing in various companies. Federal laws on

incentives and protection for whistleblowers have not
effectively promoted whistleblowing in private corporations.
In another research conducted by Andon et.al. (2018) it was
discovered that employees have varied perceptions about
whistleblowing and the incentives offered to promote
whistleblowing. The majority of employees in various
companies are concerned about the kind of reward they receive
and whether it is worth taking a risk. As such, it is necessary to
revisit the incentives policies to ensure that the rewards
promised to whistleblowers are relevant to them.
Anticipated and Discovered Themes
Some of the themes that are anticipated in the study include
ethical leadership, mutual trust, and social welfare. Ethical
leadership manifests through the kind of action taken by leaders
to support whistleblowing in their organizations. Mutual trust
must be developed among all stakeholders in the finance sector
to ensure that whistleblowers understand its relevance from a
common perspective. Finally, the main goal of encouraging
whistleblowing is to safeguard and promote social justice and
social welfare in society. Summary
In summary, the process of incentives and protection of the
whistleblowers entails the interrelationship of the various
theories which regards the motivation of the workers who are
specifically the whistleblowers in this case. It's from the
theories that the various variables, concepts as well as actors do
interact with each other to achieve the best conditions for the
whistleblowers. An environment that encourages whistleblowing
can best be created by implementing laws that are considerate
of all factors and stakeholders involved. Definition of Terms
Some of the key terms that may be affected by ambiguity in this
study include;
Whistleblower; Refers to the person who raises concerns about
an unethical practice in the finance department. Whistleblowers
serve as primary sources of information about a certain issue
that would otherwise go unnoticed.

Incentive; An incentive is a form a reward, mostly monetary,
promised to any person who takes an initiative to perform a
specified task. In this study, an incentive refers to the monetary
reward promised to whistleblowers who report fraudulent
activities and corruption.
Protection; Protection refers to extra security services offered
as a reward and surety to whistleblowers as a reward for their
bold actions of reporting unethical practices.
Variable; The term variable in this study has been used to refer
to motivation, leadership style and the demographic factors of
the whistleblowers. These variables are the specific aspects that
will be analyzed to identify how a change in each affects the
implementation of incentives and protection laws in finance
departments.
Framework; The term framework in the context of this study has
been used to refer to the theoretical map that portrays the
relationship between theories, variables, concepts, and actors
analyzed in the research process.
Demographic; Demographic factors include the age and gender
of the whistleblowers in the context of this study. Such factors
can affect the reception of different rewards offered as
incentives. Assumptions, Limitations, Delimitations
This study is not without several assumptions; some of the
assumptions made include;
1. The interviewees engaged in the study provided accurate
information that is not affected by personal bias. The
information captured from the interviews, therefore, is accurate
and reliable for the study.
2. The specific company that is used for the case study has
organizational structure that is common for all companies. As
such, the findings and conclusion made from the case study
would be similar even when a different company is used for the
case study.
3. The study is based on the assumption that the sample size
selected is neither small nor large for the research process. It is
assumed that the sample size is a true representation of the

general population; finance departments in various companies.
This study is also affected by several limitations and
delimitations. Some …
AddressesAddressesNameStreetAddressCityStateZipCodeRevise
dZipPhoneRevisedPhoneMeda Rodate4215 Lupita RdSanta
FeNM87505 - 5055551812Christy Istas17324 Camino DrSanta
FeNM87501 - 5055554231Jason Niese1542E Abeja CtSanta
FeNM87509 - 5055557810Paul Medina1200 Three Trees
RdSanta FeNM87508 - 5055556110Juanita Gomez5 Park
RdSanta FeNM87500 - 5055552837Susan Brock923 Clark
StSanta FeNM87501 - 5055555215Jay Groth622 E. High
StSanta FeNM87511 - 5055558343Kate Munson4476 Wilson
BlvdSanta FeNM87513 - 5055557421
EvaluationsConfidential Internal
EvaluationsNameTitleManagerReliableInnovationCustomer
ServiceTeam CollaboratorLeadership
RankAverageRaiseScaleMeda RodateSpa ManagerYes345445 =
Far Exceeds ExpectationsChristy IstasTherapistNo33344 =
Exceeds ExpectationsJason NieseMassage TherapistNo43443 =
Meets ExpectationsPaul MedinaCoffee Shop
ManagerYes454452 = Below ExpectationsJuanita
GomezBaristaNo33541 = Well Below ExpectationsSusan
BrockGift Shop ManagerYes43333Jay GrothSales
AssociateNo4322Kate MunsonSales
AssociateNo2443NameManager Raise Recommendations and
NotesMeda RodateHigh Raise. Very high customer ratings on
comment cards. Great at appeasing an upset customer.Christy
IstasStandard Raise. Standard employee who works with the
team well.Jason NieseStandard Raise. Fills in last minute for
other employees and has a large satisfied client following.Paul
MedinaHigh Raise. Envisioned and lead a redesign of the Terra
Cotta Brew that lead to increased sales.Juanita GomezStandard
Raise. Average employee who has a good rapport with the
customers.Susan BrockLow Raise. Average manager who has
had some challenging employees. Jay GrothLow Raise. Has

received some customer complaints and seems reluctant to get
along with other employees.Kate MunsonStandard Raise. Good
at her job. However, she misses work a lot and never fills in for
others who need off.
PayrollToday's DateNet Payroll IncreaseHigh Bonus$
750Average Raise %Low Deduct$
500NameHireDateJobTitleSalaryYears EmployedRaise
RecommendStandard Raise %High BonusLow DeductionRaise
AmtFinal % IncreaseNew SalaryMeda Rodate3/14/10Spa
Manager$ 61,500Christy Istas8/12/09Therapist$ 42,100Jason
Niese8/12/09Massage Therapist$ 45,800Paul
Medina2/1/11Coffee Shop Manager$ 35,000Juanita
Gomez9/30/07Barista$ 26,900Susan Brock5/15/10Gift Shop
Manager$ 37,200Jay Groth3/16/07Sales Associate$
28,100Kate Munson6/4/05Sales Associate$ 28,700Years
EmployedStandard Raise %02.50%23.00%53.50%74.00%
DocumentationCreate DateBy WhomDescriptionWorkbook
Namedd/mm/yyyyFirstname
Lastnamee02_grader_hw_Raises.xlsxMod. DateBy WhomMod.
DescriptionLast Version Backup Name
: VERSION BACKUP NAME :
Before modifying any worksheet, save the original workbook
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Grader - Instructions Excel 2016
ProjectYO16_XL_BU02_GRADER_PS2_HW - Advertise 1.3
Project Description:
The Painted Paradise Resort and Spa has been investing in
advertising using different media. When guests check in, the
employee asks them how they heard about Painted Paradise
Resort & Spa. Based on the customer’s response, the employee
then notes in the system either magazine, radio, television,

Internet, word of mouth, or other. Since almost every guest is
asked, the number surveyed represents a significant portion of
the actual guests. The past year’s data is located on the
GuestData worksheet. Every time a guest answers the question
by mentioning an advertising source, it is considered a guest
result. Ideally, the resort wants to purchase advertising at a low
cost but then see as many guest results from that advertising as
possible.
Every year, upper management sets the advertising budget
before the beginning of the fiscal year, July 1. For the coming
year, upper management has given you a larger television
budget because of a new video marketing campaign. Also, the
advertising contracts get negotiated every year, because the
media vendors require a one-year commitment. The contracts
are negotiated after the budget has been set. You will develop
charts for an upcoming presentation that will discuss a
marketing strategy, potential changes to the budget given the
new media prices, anticipated monthly guest results, and the
prospect of hiring a marketing consulting company with a high
retainer that would require a loan.
Steps to Perform:
Step
Instructions
Points Possible
1
Start Excel. Open the file named
e02_grader_hw_Advertise.xlsx. Save the file with the name
e02_grader_hw_Advertise_LastFirst, replacing LastFirst with
your last and first name.
0
2
On the GuestData worksheet, in cell H2, use a function to
determine the number of months listed in cells A6:A17.
5

3
In cell J2, use a date function to calculate the survey duration in
years using the 2017 Fiscal Start date and 2018 Fiscal Start
date.
3
4
In cells B6:B17, use Flash Fill to return the month abbreviation,
in all caps, from column A.
2
5
Assign the named range Season to cells L6:M17.
2
6
In cells C6:C17, use the VLOOKUP function that will use the
month in column B to return the correct season — Low, Mid, or
High — based on the named range Season.
5
7
In cells D19:J19, calculate the averages for each column with a
rounded value to zero decimal places.
5
8
Assign the named range AvgMagazine to cell D19. Assign the
named range AvgRadio to cell E19. Assign the named range
AvgTelevision to cell F19. Assign the named range AvgInternet
to cell G19.
3
9
On the AdvertisingPlan worksheet, in cell F2, enter a function
that will return the current date.

3
10
In cell D6, reference the named range AvgMagazine to return
the value in cell D19 on the GuestData worksheet. Similarly, in
cell D7, reference the named range AvgRadio. In cell D8,
reference the named range AvgTelevision. In cell D9, reference
the named range AvgInternet.
4
11
In cells E6:E9, calculate the Amount Spent — a monthly figure
— by multiplying the Cost Per Ad and the Ads Placed.
4
12
In cells F6:F10, calculate the Cost per Guest Result by dividing
the Amount Spent by the Past Guest Results.
4
13
In cells C10:E10, calculate the appropriate totals for each
column.
6
14
In cells I6:I9, calculate the Number of Ads that can be
purchased based on the New Budget and the New Cost Per Ad in
columns G and H. Be sure to include a function (INT) that will
round the number down to the nearest integer since a partial ad
cannot be purchased.
4
15
In cells J6:J9, calculate the Amount to Spend — this is a
monthly figure — by multiplying the New Cost Per Ad and the

Ads to Place.
4
16
In cells G10 and I10:J10, calculate the appropriate totals for
each column.
6
17
In cell H11, calculate the amount of the budget remaining by
subtracting the Amount to Spend total from the New Budget
total. Note that the totals are in row 10. A negative number
indicates that the new plan is over budget. A positive number
indicates that the new plan is under budget and has excess
spendable funds.
4
18
In cells K6:K9, add a formula that will return Increase? if the
Ads to Place is equal to zero or if the New Cost Per Ad is less
than or equal to the Budget +/- in cell H11. Any others should
return Decrease?. This column now indicates the media types
for which the resort may want to consider an increase or
decrease in the Ads to Place, along with any necessary budget
adjustment.
6
19
In cells L6:L9, calculate the Anticipated Guest Results by
dividing the Amount to Spend by the Cost per Guest Result —
column F. The resulting value should be rounded to zero
decimals.
4
20
In cell L10, calculate the appropriate total for Anticipated Guest

Results.
4
21
In cell L11, calculate the amount of anticipated guest results
compared to the past by subtracting the Past Guest Results total
from the Anticipated Guest Results total. Note that the totals
are in row 10. A negative number indicates an anticipated
decrease in Guest Results. A positive number indicates an
anticipated increase in Guest Results.
4
22
Based on the data in cells A5:A9, D5:D9, and L5:L9, create a 3-
D Clustered Column chart to compare the past guest results to
the anticipated guest results based on the new monthly
advertising. Apply the Chart Style, Style 6 to the chart and edit
the chart title to read PAST VS. ANTICIPATED MONTHLY
GUEST RESULTS. Set the chart title to 12 pt font. Move and
resize the chart so the top left corner is in cell A11 and the
bottom right corner is in cell F22.
6
23
Based on the data in cells A5:A9 and D5:E9, add a Clustered
Column – Line on Secondary Axis Combo Chart. Make this
chart appear on its own worksheet — chart sheet — named
GuestResultsBySpending.
3
24
Apply the Chart Style, Style 6 to the chart and edit the chart
title to read Past Advertising Amount Spent Compared to # of
Guest Results Experienced. Set the chart title font to 18 pt. Set
the legend text and the font of both axes to 12 pt.
3
25

On the MarketingConsultants worksheet, in cells D10:H13, use
a PMT function to calculate the end of the month payment
amount. Enter one formula that can be entered in cell D10 and
filled to the remaining cells. To calculate the amount for the pv
argument, subtract the down payment amount from the retainer
amount. The formula results should be positive.
5
26
Insert the File Name code in the left custom footer section of
the Header/Footer tab in the Page Setup dialog box on all
worksheets in the workbook.
1
27
Save the workbook. Close the workbook and then exit Excel.
Submit the workbook as directed.
0
Total Points
100
Created On: 07/05/2019 1
YO16_XL_BU02_GRADER_PS2_HW - Advertise 1.3
ProjectYO16_XL_CH03_GRADER_PS1_HW - Renovations 1.2
Lesa Martin, a member of the support/coordination staff for the
conference center at Painted Paradise Golf Resort and Spa, has
created a worksheet to keep track of the renovations being made
to the three rooms that are used for conferences and the two
technology centers that are used for computer-based
presentations and interactive sessions. The technology centers
are equipped with workstations, are networked, and have
Internet accessibility. This spreadsheet is simple and designed
only for Lesa and her associates to keep a handle on the
renovation progress and estimate the increase in capacity and

revenue that might occur as a result of the renovations.
Steps to Perform:
Step
Instructions
Points Possible
1
Start Excel. Open the file named
e02ch03_grader_hw_Renovations.xlsx. Save the file with the
name e02ch03_grader_hw_Renovations_LastFirst, replacing
LastFirst with your last and first name.
0
2
On the Renovations worksheet in cell G6, enter a formula using
an absolute reference to determine the new capacity that the
Musica Room will hold based on the capacity in cell F6 and the
percentage in cell B13. Copy this formula to the range G7:G10.
8
3
Assign the named range IncreaseInRevenue to cell B14.
6
4
In cell I6, enter a formula to determine the projected revenue
for the Musica Room based on the revenue figure in cell H6 and
the percentage in cell B14. Use the named range in cell B14
when entering this formula. Copy this formula to the range
I7:I10.
8
5
In cell D6, enter the DATEDIF date function to determine the
length in days of the expected renovation for the Musica Room.
Copy this function to the range D7:D10.

12
6
In cell B15, enter the function to calculate the median length of
renovations in days. Assign the named range MedianDays to the
cell.
10
7
In cell J6, enter a logical function to display the word Under in
the cell if the renovations are going to take fewer than or equal
to the median number of days calculated in cell B15; otherwise,
have the word Over display. Use the named range for B15 when
entering this function. Copy this function to the range J7:J10.
15
8
In cell B21, enter a function that will calculate the monthly
payment for the loan amount in cell B18, based on the
Annualized Rate in B19, and the number of years in the Term in
cell B20. Display the monthly payment as a positive value.
15
9
Assign the named range RoomClassification to A24:B27.
6
10
In cell K6, using a VLOOKUP, create a function to determine
the projected room classification based on the projected
quarterly revenue after renovations in cell I6. Use the named
range RoomClassification when entering this function. Copy
this function to the range K7:K10.
15
11
Add the File Name in the left footer of the Renovations sheet.

5
12
Save the workbook. Close the workbook and then exit Excel.
Submit the workbook as directed.
0
Total Points
100
Created On: 07/05/2019 1
YO16_XL_CH03_GRADER_PS1_HW - Renovations 1.2
ProjectYO16_XL_BU02_GRADER_PS3_AS - Raises 1.3
Painted Paradise Resort & Spa evaluates employee
performance yearly and determines raises. You have been asked
to assist with compiling and analyzing the data. Upper
management also started the workbook. You are to finish the
workbook and keep the data confidential.
Steps to Perform:
Step
Instructions
Points Possible
1
Open the downloaded document e02_grader_hw_Raises.xlsx.
Save the file as e02_grader_hw_Raises_LastFirst using your last
and first name.
0
2
The Addresses worksheet includes data from the payroll
database. You need to cleanse the data so this worksheet can be
used later in a mail merge to create salary notice letters. Add
the following.
In column E, extra spaces and a dash were left in the data by the
database in case the zip code had an extension. In cells F7:F14,

enter a LEFT function to return the ZipCode without the
unnecessary “–”.
In column G, the database did not export the formatting for the
phone numbers. In cells H7:H14, use Flash Fill to add
formatting back to the phone number. In cell H7, type (505)
555-1812. There is only one space between the “)” and the 5.
Note, Mac users, in cells H7:H8 type the phone numbers using
the format (505) 555-1812.
12
3
The Evaluations worksheet includes evaluation data collated
from various managers. Managers rated employees both
quantitatively—numerically—and qualitatively—written notes.
The number scores and notes support the raise recommendation
made by the manager. Add the following.
In cells I3:I10, create an IF function to calculate the average
numerical ratings for each employee. Only managers get
evaluated by the Leadership rank in column H. Column C
indicates whether the employee is a manager. Thus, the average
calculation should only include the values in column H if the
employee is a manager. Even if a rating is given to a non-
manager employee in column H, that number should not be
included in the average in column I.
8
4
In cells B13:B20, imported data from the rating system
combines the manager’s raise recommendation of High,
Standard, or Low followed by the manager’s notes. In cells
J3:J10, use a combination of text functions to return just the
manager’s raise recommendation of High, Standard, or Low.
The values returned should not have extra spaces before or after
the word.
The names in A3:A10 are in the same order as A13:A20. Notice
the text pattern is always the recommendation followed by a
space. Be sure to Trim any extra spaces.
8

5
On the Evaluations worksheet, create the named range
Evaluations for the cell range A3:J10.
4
6
On the Payroll worksheet, there is an analysis for raises you
need to finish. First, you need to get all the applicable data for
making the raise determination on this worksheet. Add the
following. In cell F1, enter a formula to always return the
current date.
4
7
In cells E6:E13, add a DATEDIF function that will calculate the
years employed based on today’s date in cell F1 and the
HireDate in column B. Remember you are looking for years and
not days.
4
8
In cells F6:F13, add a VLOOKUP function that returns the raise
recommendation—High, Standard, or Low—for each employee
by exactly matching the Name in column A in the range you
named Evaluations. Be sure to use exact match criteria.
8
9
In cells G6:G13, add a VLOOKUP function that returns the
starting raise percentage based on the ranges in the Standard
Raise table in cells A16:B19 and the number of years employed
in column E.
8
10
Next, you need to begin determining the employee’s final raise.
Add the following.
In cells H6:H13, add an IF function that will award anyone with
a Raise Recommend of High an extra bonus listed in cell F2. All
other employees get zero bonus.
In cells I6:I13, add an IF function that will give anyone with a

Raise Recommend of Low a deduction listed in cell F3. All
other employees get zero deduction.
12
11
On the Payroll worksheet, in cells J6:J13, add a calculation that
returns the final raise amount with the value—not just
formatted—rounded to the hundreds position (-2). For example,
a final raise of $1,625 rounded to the hundreds returns a value
of $1,600. The final raise amount is the salary multiplied by the
Standard Raise % and then adding any bonus and subtracting
any deduction.
6
12
On the Payroll worksheet, in cells K6:K13, add a calculation
that returns the Final % Increase. The final increase is
determined by dividing the Raise Amt by the Salary.
In cells L6:L13, add a calculation that returns the New Salary
by adding the Salary and Raise Amt.
12
13
You now need to add a few summary measures for upper
management. Add the following on the Payroll worksheet.
In cell J1, add a function that calculates the total Net Payroll
Increase based on the Raise Amt in cells J6:J13.
In cell J2, add a function that calculates the Average Raise %
based on the Final % Increase in cells K6:K13.
4
14
On the Payroll worksheet, based on the data in cells A5:A13 and
K5:K13, add a 3-D Clustered Column.
Under chart styles, set the chart to Style 3. Change the vertical
axis to start at a lower bound of 0.01—for 1%. Then, change the
title to read Final % Increase Comparison.
Move and resize the chart so the upper-left corner is in cell F14
and the lower-right corner is in cell L22. Set the chart title to 11
pt font. If necessary, set the vertical and horizontal axis labels

to 9 pt font.
10
15
Click Save, close Excel, and then submit the file as directed by
your instructor.
0
Total Points
100
Created On: 07/05/2019 1
YO16_XL_BU02_GRADER_PS3_AS - Raises 1.3
RenovationsPainted Paradise Golf Resort & SpaBanquet Room
RenovationsCreated by Lesa MartinRenovations
StartedRenovations Completed Length of Renovations in
DaysOriginal Capacity New CapacityQuarterly Revenue Prior to
RenovationsProjected Quarterly Revenue after
RenovationsRenovation Projection ScheduleProjected Room
ClassificationThe Muisca Room1/6/185/10/18500290,000The
Eldorado Room3/15/187/15/18100575,000The Pueblo
Room9/10/1811/30/1825225,000Technology room
18/1/1810/1/1845150,000Technology room
22/15/184/15/182575,000Increase in Capacity30%Increase in
Revenue40%Median Renovation Length in DaysLoan
InformationAmount of Loan125,000Annualized Rate6%Term (in
Years)5Monthly PaymentRoom
Classification0Bronze250,000Silver500,000Gold750,000Platinu
m
GuestData2017 Fiscal Year Guest Survey - Advertisement
ResultsSurvey DurationMonthsYear(s)2017 Fiscal Start
Date:7/1/162018 Fiscal Start Date:7/1/17How did you hear
about the Resort? (# Guest Results = # of times a Guest
Responded with this answer)Resort
SeasonalityM/YearMonthSeasonMagazineRadioTelevisionIntern
etWord Of MouthOtherTotal SurveyedMonthSeason2016

JUL925411,8871,2394223954,909JanLow2016
AUG66016965406317262,390FebLow2016
SEP69446928681323462,718MarMid2016
OCT30428646568339791,964AprMid2016
NOV892463743072661492,034MayMid2016
DEC1,551362472833131382,568JunHigh2017
JAN722208376312121,666JulHigh2017
FEB3758481936231791,624AugMid2017
MAR1,387113269539315842,707SepLow2017
APR33150675711492401,516OctLow2017
MAY1,47611919660925212,446NovLow2017
JUN1,89314131223582832,701DecHighTotal11,2106137,9744,8
243,0701,55229,243Average
AdvertisingPlanNew Budget AnalysisToday's DatePast Year,
Monthly AdvertisingNew Monthly Advertising Negotiation for
Next Fiscal YearTypeCost
Per AdAds PlacedPast Guest ResultsAmount SpentCost per
Guest ResultNew BudgetNew Cost
Per AdAds To PlaceAmount to SpendConsider a
Change?Anticipated Guest ResultsMagazine$ 1,2003$ 4,000$
1,300Radio$ 3001$ 300$ 325Television$ 5,0001$
12,000$ 5,500Internet$ 1,1002$ 2,200$ 1,200TotalsBudget
+/-Guest Results +/-TypeNotesMagazineLowest Cost per Guest
Result, yet same number Ads placed.RadioBudget no longer
supports even one Ad.TelevisionBudget > than doubled, yet
highest Cost per Guest Result.InternetBudget not increased thus
# Ads stayed the same.
MarketingConsultantsHiring Marketing Consultants
AnalysisRetainer Amount$ 125,000Term (Years)5Monthly
Loan PaymentsDown Payment$ 10,000$ 15,000$ 20,000$
25,000$ 30,000Annual Rate2.0%2.5%3.0%3.5%

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Running Head CRITICAL ANALYSIS OF THE WHISTLEBLOWER INCENTIVES 1.docx