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Business Research Method
I. Rational II. Situational Analysis III. Theoretical background IV. Conceptual Model V. Research
Design VI. Sources I. Rational: According to James R. Healey (2011), reporter for USA Today,
customers have lost confidence in Volkswagen's quality. Volkswagen has been subjected to a real
loss in the perception of its customers regarding its cars quality. This situation results mainly from a
quality problem. In fact, according to Marty Padgett (May 14, 2007), for the website
www.thecarconnection.com: "The CEO of Volkswagen of America admits the company generated a
lot of 'venom' with the massive quality problems it experienced earlier this decade." This position is
emphasized by a Hallmark representative who observed: "Volkswagen ... Show more content on
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a. The economic factor: According to the neoclassical school of thought, consumers are rational.
They make buying decisions toward getting the most out of everything. They just take into factor the
economy of use, convenience, efficiency in use, dependability in use and finally improvement in
earnings. Nevertheless in practice, these elements aren't the only ones used or often poorly applied.
Indeed, psychological and sociological factors are also used when making a buying decision. b. The
psychological factor: Psychological factors affect the way consumers think and behave while
making a buying decision. For example some consumers do compulsive purchases because of their
mood, which often are completely irrational. According to Black, Donald W. (2007), Compulsive
buying disorder (CBD) is characterized by excessive shopping cognitions and buying behavior that
leads to distress or impairment. c. The sociological factor: This factor is highly important for
companies for whom brand image result from reputation. In fact many consumers from all around
the world base their buying decision upon stereotypes. Sander Gilman (1985) argued that
stereotypes are representations that are not accurate, but a projection of one to another. According to
this definition the fact that many people believe that "Germans make good products" is a stereotype.
This phenomenon might result to a biased representation of a product quality. A
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Business Research Methods
BUSINESS RESEARCH METHODS
Subject: Common problems, issues and constraints faced by business researchers during the
Research Process
Introduction:
Business research involves the systematic and objective process of gathering data and transforming
it into useful information. The research process is not confined around a single universal
methodology. Infact it differs from one research study to another depending on the purpose of the
research, the industry/ sector of the client company concerned, the research method/ tools used etc.
As the research process differs, researcher faces different problems and issues pertaining to the
research at almost every stage of the research process.
It is important to note that the research problems ... Show more content on Helpwriting.net ...
As mentioned earlier, the researcheer needs to make sure that the research expenditure does not
exceed the agreed budget between the researcher and the client. Whereas, large organizations
persistantly require additional elements to include in the study. This increases the scope of the study
and requires more resources increasing the cost and time invested in the study.
Case Analysis As An Example:
Mentioned below is an interesting case of GSAA (Great Scott Arts Association ) which is a very
good example to analyze the problems and constraints faced by the researcher in a new research
project.
Background of the Case:
The GSAA was established in 1991 to assist several existing cultural groups in Mosquito Falls and
to promote and coordinate arts activities in the area. Mosquito Falls is a town of 7500 people about
30 miles north of Saint Marvin, on the Highway. To date GSAA is a non profit organisation, tax
exempted with a board of directors but no staff or office space.
The Task to be accomplised were:
a. Continue development of Association and Plan for its future
b. Implement a general membership structure and campaign.
c. Design a GSAA newsletter and publish the first issues.
d. Identify possible funding sources, gather guidelines from possible funders and determine what
will most likely gauge their interest.
The above mentioned tasks provide the framework to develop the research objectives. The purpose
of the research is to:
a. Determine the
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Explain Two Methods Of Creating A Business Public Image
A business will aim to create a public image through the following means: * Public Relations o
Public relations is the practice of managing the spread of information between an organisation (eg a
company) and the public. For example; print, online and reputation management campaigns. *
Advertising o Advertising is a method of marketing and communication used to promote or sell a
good, service or campaign. For example; TV adverts, radio commercials, billboards, pamphlets, etc.
* Community Engagement o Community engagement is the process in which organisations (eg a
company) build permanent and ongoing relationships in order to benefit a community and build a
good reputation. For example donations, sponsorship, etc. Businesses and companies ... Show more
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It is a business relationship where an economic exchange takes place between two separate parties.
Sponsorship is not a form of donation, but rather, a business arrangement. In the means of
participating within a sponsorship an organisation establishes a lasting image of the business that are
noticed by citizens within the wider community. Corporate sponsorship can be provided through
various payments to help fund an event or through providing support such as equipment, catering,
merchandise, labour, land, etc. In return, the sponsoring business benefits by improving visibility,
positioning the business public image positively, increasing publicity and brand awareness and a
heightened market reach. An example of where a business can provide corporate sponsorship could
include an airline sponsoring an elite sporting tournament (eg grand final). The airline would
provide deals to spectators and players to give them the opportunity to reach the destination of the
event and also provide the event with sums of money to help fund
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In World Of Business There Are Many Methods To Make Revenue
In world of business there are many methods to make revenue for oneself or for a certain company
that runs the business even if the business practices illegal or unethical procedures. One business
that had a great amount of unethical practices between the investors and the workers was slavery in
America. There are many reasons why slavery raised so many red flags in the business world and
they include the type of labor the slaves had to endure, the type of punishment that the slave owners
did to their slaves, racial discrimination, and verbal slander that slaves had to endure daily.
In the business world today, companies must follow certain guidelines, code of ethics, or protocols
that mandates employee treatment, safety, and rights ... Show more content on Helpwriting.net ...
The business of slavery in the early United States was a mixture of creativity and violence. At some
point in history, slavery has invaded nearly every part of the world. Slavery has ancient roots in
history and still exists today in many different ways. Some people may know slavery as African
Americans working for whites back in the day but others may not even know what slavery really is.
Slavery is a civil relationship where one person has absolute power of the life of another person. The
business of slavery included the production of standardized printed forms for the slave trader 's use.
"Modern Slavery is huge business. A recent ILO study estimated that modern slavery generates
annual profits of over US$ 150 billion, which is as much as the combined profits of the four most
profitable companies in the world," (50forFreedom). Although slavery is no longer legal anywhere
in the world, human trafficking remains an international problem and an estimated 25–40 million
people are living in illegal slavery today.
Slavery created huge profits not only for Southern planters and slave traders, but also for Northern
cotton–mill owners and investors. After doing some research we've learned that almost one million
enslaved Africans were taken from their upper South families. Slavery in America began when the
first African slaves were brought
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Uses of Scientific Methods in Business
Uses of Scientific Methods in Business
Uses of Scientific methods in Business An Overview:
Scientific research serves us to comprehend the world around us, how things work and why certain
things look or act the way they do. Scientific research consists of intrusiveness, observations,
experiments and evaluations. It attempts to use these to answer questions about what causes
differing phenomena. It is important to note that scientific research does not provide absolute
solutions to questions, but preferably gives apparent answers based on, evidence gathered and
contemporary knowledge. New information can lead to the denial of ideas previously believed to be
true. This article is about applications of scientific methods in Business. ... Show more content on
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Executives and managers who use business research methods are able to better understand their
company, the position it holds in the market and how to improve that position. Scientific methods
can be applied in Business in many dimensions. And they can flourish business in number of ways.
Few of them are as follows  Improving standards of competition:
The fundamental way to keep ahead of competition is through exceptional thinking; perpetual
innovation; entrepreneurship; creativity; and more complete problem solving and decision making.
Through which entrepreneurs can meet global challenges with more complete problem solving and
decision making skills. Organizations productivity can be enhanced by encouraging employees to
learn and use scientific methods.  Provides training for change and innovation:
It encourages entrepreneurs to re–establish their thoughts, ends aimless wandering, helps ideas
transforming shape, motivates self–confidence and helps them to avoid snap judgments. It provides
tracks for change and innovation, etc.  Improving performance chart:
It enables how to manage and how to plan basic problems. Thus the better your managers are trained
in the use of scientific methodologies, the better job they will do. If senior managers are all officially
educated and certified in the field of management they will be able to drive a workforce on using
effective motivational drivers. Information technology can relate to using software in
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Lean Management Is A Method Of Running A Business
According to (Rouse, 2013), lean management is a method of running a business that supports the
concept of constant improvement. Therefore, lean management is a long–term approach to work that
thoroughly seeks to achieve small, incremental changes in processes in order to improve efficiency
and quality. The theory was first established between 1948 and 1975 by Taiichi Ohno and Shigeo
Shingo the two Japanese engineers (Arnheiter and Maleyeff, 2005). But the method was initially
found in the works of Henry Ford, who "Ohno greatly appreciated and studied Ford because of his
accomplishments and the reduction of waste at early Ford assembly plants" (Arnheiter and
Maleyeff, 2005). Thus Lean management eliminates all forms of waste, decreasing errors, shrinking
inventory and ordering or supplying parts "just–in–time," therefore decreasing warehousing costs.
(Rand, 2013) identified the seven forms of waste, including waste in unnecessary motion, over–
processing and transportation. Thus by doing this it will saves the business money and allows
workers to pay attention to more value–creating activities. There are four main principles of lean
which are (Rouse, 2013) firstly defining the value from the perspective of the end customer,
identifying each steps in a business process and eliminating non value activities, making the value–
creating steps occur in tight sequence and then finally repeating the first three steps on a constantly
basis until all the waste has been eliminated. The
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Business Research Methods
Business Research Methods – BU2S01
2006/7 Academic Season Assignment 1 Cut off date: Friday, 15th December 2006 You are required
to evaluate the in terms of purposes, audiences and general strengths and weaknesses. The essay will
account for 40% of the overall mark. Indicative word count: 1500 words.
Note that you will need to submit your coursework to the Business School reception by 12pm
(noon).
"Research – an investigation involving the process of enquiry and discovery used to generate new
ideas"
(Hall, Jones, Raffo, 1993, Business Studies, P. 204)
Research is vital in all business environments, and put into practice far more than most people
presume. Every modern day manager uses research with ... Show more content on Helpwriting.net
...
It can often be assumed to be a less detailed form of research than business research, but this is not
the case, its is simply less answer driven. And can often finish with no clear answer to the question.
In this form of research, you are much more likely to find hypothesis waiting to be tested, rather
than theories believed to be true/false. Simply put, business research is used to answer a question,
academic research is used to acquire a body of knowledge. From this definition, it is easy to
understand why many pieces of academic research can lead into further business research
. For this reason, the space between these dichotomies is not always a clear one. There can often be
a grey area found between. An example of when research could fall into the grey area could be if a
business were to conduct continuous research. Companies often use continuous research on a
market, that has been developed specifically to better understand and to overcome market problems
as they occur. Now is this academic research? As it is being peformed with no clear objective in
mind. Or is it business research? As it is used to answer the companies questions specifically, when
they arise. In this circumstance it is often the researchers responsibility to tailor and arrange their
findings to coordinate with their needs. It is in this instant that the researcher
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Business Methods And Objectives Of Marketing And...
Organisations irrespective of their business model use various marketing and communication tools
to promote their offerings and achieve financial and non financial goals. Companies have number of
general objectives for their marketing and communication programs. Some of these objectives can
be informing the prospective customers about their product offerings. Then an attempt is made to
persuade these customers to choose their products out of the given basket of product offering
available in the market. Finally, the objective of the marketing and communication program is to
induce the customers to make a purchase. Moreover, it helps in communicating with the customers
frequently in order to retain them to make repeat purchase.
3.1.2 Establishing Marketing and Communication (MARCOM) Objectives
Integrated Marketing and Communication brings together all tools of marketing communication to
send consistent messages to target audience. ... Show more content on Helpwriting.net ...
A proper system should be developed for reviewing and releasing the marketing information
content. News releases regarding the company's conduct or attempt to address a crisis or scandal
should be clear and consistent in conveying their message. Uniform and consistent approach to
marketing communication helps marketers to make clarifying statements regarding the product to
the customers by maintaining the brand image of the company.
Status: Companies maintain a status in the market among the customers, competitors and vendors.
Carefully designed and developed marketing and communication messages should the product
offering and the brand image of the company. The marketing pieces should use tags such as "the No.
1 choice of clients" so that it becomes catchy and easily recognisable by the prospective customers.
However, marketing study should be done by a third–party research firm to confirm the claim for its
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Essay on Business Research Methods, Part Ii
Running Head: BUSINESS RESEARCH METHODS, PART II
Business Research Methods, Part II
University of Phoenix
QNT/HC561: Applied Business in Research & Statistics in Health Care
Group ID: MBAY0ZATZ9
Erik Kirk, PhD
August 22, 2011
Introduction
Recently, Learning Team "A" was tasked with developing a research question arising from an
organizational dilemma faced by the Physical Therapy Clinic. As a result of preliminary research
analysis, the team determined constraints in clinical practice were having a negative impact on the
therapist's ability to fully meet patient needs. A proposal was submitted to organizational leadership
that included recommendations to utilize a standard six–step research question hierarchy process.
The ... Show more content on Helpwriting.net ...
Patient was injured at work loading crates. Patient was reinjured knee falling on ice while shoveling
snow. Mechanism of injury, patient reports decrease in mobility. Patient was injured during high
school soccer game.
3) Has there been prior therapy for same condition? o Yes
 No  Yes o No o Yes
 No
4) What does patient states overall health is currently? o Poor
 Good o Excellent  Poor o Good o Excellent o Poor o Good
 Excellent
5) What is the patient's social history/living environment? Lives with his wife and three children
Widow and lives alone. Lives at home with parents.
6) What is the patient's prior level of function? Works out occasionally Has no time to exercise.
Trains daily with team during season and works out regularly during off season.
7) What is the patient's current functional level? Have no limitations. Advance onset of arthritis
present in both knees. Have no limitations.
8) Is the physical therapy clinic a provider within the patient's insurance plan and will the therapy be
covered?
PPO plan that covers up to $1000 for physical therapy, however he also will be getting workers
compensation. Medicare supplemental, with a doctor's order medicare covers physical therapy and
the supplemental insurance will cover the co–payments. PPO plan that covers up to $1000 for
physical therapy
12) Did the patient have a doctor's referral for the physical therapy? o Yes
 No  Yes o No o No
 Yes
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Business Guide Or Safe Methods Of Business
People are said to be products of their time and therefore different works of literature can represent
the views of the society by which they are derived. These works also demonstrate what ideals were
most highly valued by a society. The 'self–help' guide titled The Business Guide; or Safe Methods of
Business by J.E. Hansford, published in 1892, is a definite example of this rule. The book contains
several short articles and listicles which give advice for how successful business should be
performed as well as promoting what it meant, per Hansford, what it meant to be a good
businessman. The book lists various attitudes, behaviors and, practices which were highly valued at
the time mainly by the present literate middle–class population. By ... Show more content on
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Savage/barbarian being a commonly used slur to reference racial and sometimes religious minorities
in Canada at the time. Hansford promotes politeness by means of being cheerful, respecting
differences of opinion and, sincerity and although there is truth to the matter of being polite to
customers, business partners, and employees to better business dealings, the reference to "savages"
is a dehumanizing and racist term and was used to subtly promote the ideals of the literate middle
class as a European dominant society. Therefore, Hansford's Business Guide promotes the idea of
successful business persons as following the ideals of the middle class of Victorian Era Canada by
which a successful business person, must be of a middle class European descent.
Throughout the Business Guide, Hansford also promotes ideals pertaining to religion in order to
succeed in business. Hansford explicitly states that to succeed in business one must "love your god
and fellow men" as well as that "an honest man is the noblest work of god" all of which are brought
forward in parts pertaining to proper behaviors of a man to be successful in business. This is
reflective of a homogeneous Eurocentric audience, promoting god and religion as a crucial position
in both business life and society as a whole; god is seen as one of the most important parts of
everyday life. One of the quotes from the section of "Good Advice
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Business Research Methods Part Iii Essay
Business Research Methods Part III
University of Phoenix
QNT/561
July 28, 2010
Business Research Methods Part III
A survey was conducted to determine whether or not Starbucks should introduce lunch and dinner
foods to the menu. Three thousand individuals were surveyed at various retail locations and malls. A
series of 11 questions regarding the likes and dislikes of current food and beverage choices as well
as possible future lunch and dinner options revealed several findings for Starbucks. Starbucks has
decided to analyze the data as follows. If, 60% of the individuals answered Agree or above on a
question Starbucks would accept. Furthermore, if seven of the eleven questions received 60% in the
Agree or above column, the ... Show more content on Helpwriting.net ...
The population of consumers surveyed showed favorable responses to the idea of launching a new
product line of lunch and dinner foods. Starbucks will continue to analyze the data further to
determine the best strategic plan for the launch. Furthermore, additional research will classify these
findings in order of power and will solidify the decision.
Potential Challanges
Several potential challenges exist to the validity and reliability of the research questions, data and
analysis. After looking at the survey and the data collected, some concerns are apparent to the
validity of the information. This survey conducted used two methods. The first method was an
online survey. The second survey method was a face–to–face questionnaire. The face–to–face
survey was conducted in struggling retail locations and vicinity. Shopping Malls and heavy
populated areas were the locations chosen for this survey. One major concern is that the participants
used were not necessarily current Starbucks customers. The purpose for this was to increase and
promote Starbucks to non–customers. Questions regarding the current Starbucks menu and
ambiance does not solicit a true response if the individual surveyed is not a customer. Furthermore,
competition coffee retailers are also a large concern. Surveying a
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What Are Business Research Methods
Business Research Methods
Student's Name
Institution
Business Research Methods
Question One
The World Trade Organization (WTO) unique set of rules and guidelines established for place–name
products are known as the Geographical Indication (GI). Rogers (2016) defines the mentioned
regulations as a form of legal protection, which reserves the use of a specific place name in
association with a particular product name for a product that genuinely comes from that location.
Moreover, GI confers something distinctive to the specified product. Ideally, GI is codified into the
WTO language to refer to a variety of systems that aim at ensuring the accurate use of geographical
place names that suggest a positive reputation to a ... Show more content on Helpwriting.net ...
Table 1
Canadian Agricultural Produce Trade (In US$ million) 2014 2015 Difference
Domestic Exports 41,283.26 44,509.08 +3,225.83
Imports 31,569.44 34,812.11 +3,242.67
Trade Balance 72,852.70 79,321.20 +6,468.50
(World Trade Organization [WTO], 2017).
From the table, the difference between Canada's 2014 and 2015 worldwide agricultural produce
exports is US$ 3.225 million.
Question Five
"Dewey defeats Truman" was the headline of the Chicago Tribune that was inaccurately published
in 1948 declaring the victory of Governor Dewey, the Republican candidate over Harry Truman, the
Democratic incumbent. In essence, the headline was guided by Gallup's quota sampling, which had
accurately predicted previous presidential elections results in 1936, 1940, and 1944. According to
Erikson and Tedin (2017), the mentioned pollster projected that the Republican presidential
candidate would defeat the incumbent. Moreover, the opinion–poll firm was so confident of
Dewey's victory that it stopped polling during the last few weeks of the campaign. Similarly, nearly
all political observers regarded the outcome as certain. However, contrary to expectations, the
incumbent defeated Dewey narrowly by 49.5% of the popular vote against the latter's 45% (Waller,
2017). Ideally, Gallup and other pollsters were misguided by the quota–sampling
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2 Methods of Business Analysis
The first tool that can be used is the SWOT analysis. This is a tool that helps a company define and
look at their Strengths, Weaknesses, Opportunities and Threats on mostly an internal level. A
company uses this tool to dissect the areas that they exceed in and the areas of improvement, the
areas of opportunity they can take advantage of and where other companies can pose a threat to their
business. This is a powerful tool that can, with a little thought, help a company uncover
opportunities that are well placed for exploitation by the organization (Manktelow & Carlson, n.d.).
This tool also helps a company understand its weaknesses and in turn manage and eliminate threats
that could catch the organization unaware. The following are ... Show more content on
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This is not a before and after comparison, but rather a with or without comparison. Several factors
go into a cost benefit analysis, these include the cost of the equipment, power consumption of the
equipment, units produced per hour, the labor costs (before and after) installation, quality of
production – reject/recall rate or margin of error of products produced, the floor space needed to
make the improvement (will it fit into the old space), installation costs of the machinery, operator
costs, and environmental factors like is the machine louder and neede to soundproofed or insurance
premiums for the new machinery (about.com). When looking at the scenario from this perspective it
turns the decision into a definite financial situation on whether to make the changes. Another item
that needs to be taken into consideration is if the new technology is proven and potential for failure
and flexibility. If the new technology fails then a company has to revert back to old method of
production at an increased expense. Process flexibility results from being able to build different
products from the same production line with minor adjustments (Priniciples, n.d.).
These tools would prove very beneficial to FFI in the fact that the SWOT is addressing the internal
and external factors that do and can affect how FFI does business and help them make their global
strategy. The
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Strategic Alignment Is A Method For Understanding The...
Strategic alignment is a method for understanding the nature of a business through the association of
business processes and strategies (Morrison, Ghose, Dam, Hinge & Hoesch–Klohe, 2011). The use
of strategic alignment allows an organization to contemplate its long life and to find how achievable
its visions for the future are (Morrison et al., 2011). On the other hand, 'best practice' demonstrates
an established set of human resource practices that can be utilized within any circumstance to
achieve competitive advantage and a win–win situation for all parties. When designing a
remuneration and performance management system, it is recommended for the Starbucks
Corporation to utilize 'strategic alignment', as this approach provides insight ... Show more content
on Helpwriting.net ...
Their mission, vision and values strives towards attaining the utmost respect and brand recognition
for its coffee and distinctive beverages. To such a degree, Starbucks continued to amplify their
franchises, innovation process of new merchandise outline and increase current customer
satisfaction levels in order to abstain from losing market share against the competition. Together
with the company's beliefs, Starbucks claims that not only are customer requests and needs a top
priority, but its employees are vital towards it success.
Unique Employee Relationship and Open Communication
The Corporation recognizes its employees as a crucial segment of its view from itself as a business
serving the community; its employees are vital for its growth, helping the business grow and thrive
("Working at Starbucks", 2016). As stated on its website, employed at Starbucks is comparable to
working with friends, the company welcomes, acknowledges, and accommodates many people with
different frame of minds. It is a firm that also supports diversity. Furthermore, the company provides
all employees and their same–sex or opposite–sex partners comprehensive health benefits that
include medical, dental, vision care as well as tuition reimbursement, stock options, vacation and
retirement plan (Noe, Hollenbeck, Gerhart & Wright, 2010). Consequently, granting employees
generous reimbursement and benefits packages certifies employees are content and motivated,
concluding to
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Chapter 8
Chapter 08
Business Income, Deductions, and Accounting Methods
SOLUTION MANUAL
Discussion Questions
1. [LO 1] What is an "ordinary and necessary" business expenditure? "Ordinary" and "necessary"
imply that an expense must be customary and helpful, respectively. Because these terms are
subjective, the tests are ambiguous. However, ordinary is interpreted by the courts as including
expenses which may be unusual for a specific taxpayer (but not for that type of business) and
necessary is not interpreted as only essential expenses. These limits can be contrasted with the
reasonable limit on amounts and the bona fide requirement for profit motivation.
2. [LO 1] Is cost of goods sold deductible as a business expense for a business ... Show more content
on Helpwriting.net ...
If this prohibition were repealed, then taxpayers would have an incentive to borrow to invest in
municipal bonds or borrow to invest in employee life insurance. This former practice would lead to
higher demand for municipal bonds (less yield) and less revenue for the government. The latter
practice would lead to higher demand for insurance (higher premiums?) and less revenue for the
government. Both practices could lead to a perception of inequity between those taxpayers able to
utilize the tax arbitrage to reduce taxes and those who could not use the practice.
7. [LO 2] {Research} Jerry is a self–employed rock star and this year he expended $1,000 on special
"flashy" clothes and outfits. Jerry would like to deduct the cost of these clothes as work–related
because the clothes are not acceptable to Jerry's sense of fashion. Under what circumstances can
Jerry deduct the cost of these work clothes? Taxpayers may deduct the cost of uniforms or special
clothing they use in their business when the clothing is not appropriate to wear as ordinary clothing
outside the place of business. In Jerry's case, the flashy rock outfits could be analogous to special
uniforms or protective garments and could be deductible. See D. Techner,
TC Memo 1997–498. Erhard Seminar Training, TC Memo 1986–526 provides an example of
clothes that were not deductible because they were appropriate for normal wear.
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A Balanced Scorecard Is A Method Of Analyzing And...
A balanced scorecard is a method of analyzing and assessing internal and external factors that affect
the business strategy as a whole (Niven 2010). These four aspects that should be assessed provide a
big impact for company operations and strategies. The need to know of internal capabilities and the
external forces which affect how the company will innovate its' ways, create new products or shift
its' ways into more competitive actions that are important in knowing what to do next and providing
what will be best for Kasey Translate Inc.
Establishing a business nowadays is difficult as there are many considerations to be met to attain the
expectations of customers and become profitable. The means of applying BSC as a strategy is to
assure ... Show more content on Helpwriting.net ...
Industry and academic papers have seen the significance of total quality management in terms of its
positive relationship on increased organizational competitiveness specifically in the areas of
product, quality, reputation and business result competitiveness as this management principle is
aimed at the creation of a competitive business environment (Rampersad 2006). Meanwhile, the
learning organization principle attempts to reinforce the concepts within total quality management to
be able to sustain competitive advantages in the end.
The four quadrants of the balanced scorecard which will be discussed within this paper are as
follows:
Financial
The shareholders are the suppliers who will coordinate with the company properly in terms of
providing supplies and materials. The customer is another stakeholder who will determine the
results of the new strategy implemented by the company. The employees will also be affected as the
processes they apply will also change because of the alterations in the strategy. Revenue is projected
to increase because of the good service as a result of a Balanced Scorecard strategy. Better use of
company assets because of the increased efficiency of the workers. And higher costs for the
company because adjustments need to be made for the new BSC strategy.
Customer
The customers come from different markets. The customers want affordable and quality services
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Business Continuity Research Methods
Business Continuity Research Research methods should contain research questions and hypothesis,
present a research design, discuss participants, instruments used, the procedure, a data analysis plan,
and the sample size justification (Anon., n.d.). The research design methods should be discussed,
such as whether it was quantitative, qualitative, or mixed. The quantitative method assesses the
participant responses on a measure. The qualitative method is a semi–structured interview that gets
transcribed. The mixed method is a mix of the quantitative and the qualitative methods. Discussion
of the participants should discuss the sample of the population, how they were selected, why they
were selected, and the method used to select them. The instruments used in the study should be
discussed, what types of instruments, the scales and subscales, how the scales are computed, and the
reliability and validity of those scales. There should also be reference to the researchers that
designed the scales that were used in the study. The procedure, explaining how the instruments
should be used, should be discussed in detail where the reader understands every step of the process.
The data analysis plan should discuss how the data was analyzed, including statistical tests,
statistical assumptions of those tests, and the justification for the statistical tests. The sample size
justification should be based on criteria of the power selected, .80 for example, the alpha level, .05
for
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Assessment Methods in Business Essay
When accessing the performance of an IS, Palmius (2007) cites three types of approach are the most
common: economical benefit, usability measurement and measurement of user/customer
satisfaction. Economical benefits are linked frequently in return on investments (ROI) and cost–
benefit analysis (CBA). Usability measurements regularly refer to interface quality while
user/consumer satisfaction indicates quality of service studies. All of these can be indicator of
performance in some specific level, but isolated they cannot measure the success of an IS.
Much of the assessment methods are described by the following categories: observation of a system
and the interactions of users within it, gathering the opinion of users, experience, ... Show more
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Interferes with decision analysis, task completion time, productivity, etc; and
Organizational impact – overall impact in an organizational level. Generally relate to three main
topics: profit, productivity and cost/benefit analysis.
This model is based on the multiple relations between each variable and how they impact the
individual and the organization. It should be looked as whole, not just on each component
separately. As it was organized, Organizational impact was the most important aspect, since that is
where the real success or not lays down. A great system with great user satisfaction, for example, is
great, but without real and perceivable results, it cannot be considered a success.
However, there were critics of the model, like Seddon (1997), by Palmius (2007), who argues that
the model contains both procedures and variance variables which could make results confusing to
describe, evaluate, and comprehend. Pitt et al. (1995), by Palmius (2007) reasoned for the
relationships between user and IT department, indicating some type of service component should be
added to the model. Myers et al. (1997), by Palmius (2007) explored to other possible impacts that
IS and IT may have other than the individuals and in the organization, like the industry or society.
Even though Seddon and Kiev (1994) and Rai et al. (2002), both by Palmius (2007), made studies
validating the model, Delone and Mclean
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Business Research Methods ( Bmo6630 ) Assessment
Student name: ID:
Business Research Methods (BMO6630) Assessment 1
Content word count: 971
Brief summary of the topic:
Leadership is an attempt to influence the people around the leader and try to direct them to
accomplish the desired goal. The leadership skills contain influence people to reach their goal which
is finally benefiting the organization to achieve its goals. In addition to, it contains the ability to
influence and motivate in order to reach goals. Leadership skills exist within each individual that
can be shown at the time of external events or the individual can learn it through training. The
importance of leadership summaries as a source of the interaction between employees and the
organization and its future plans. Also, it is a tool used in order to unite efforts to achieve the goals.
One of the benefits of leadership is eliminating labor problems and develops and motivates
individuals. The leadership is defined as making accurate decisions in urgent situations. (1)
Common themes across the four articles:
Strong and successful companies need a strong and successful leader. Leadership is defined as the
access to the target with the best means and the lowest cost within the limits of resources and
facilities available with the proper use of resources and facilities. It is known as a social interaction,
because it is possible for anyone to be a leader without acting leadership with individuals in certain
situation. Paul J.H.
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The Last Seven Weeks Of Business Research Methods
The last seven weeks in Business Research methods have been a very rewarding experience. This
class has taught me new things about proper research and refreshed past information I have learned
in other research classes. Throughout this class, we have covered topics spanning every aspect of the
research process. We started with oral and written presentation of research findings. Next moving to
types of research studies, including qualitative, quantitative, observation, experiments, and surveys.
Finally, we covered topics such as creation of a questionnaire and how to utilize data in the final two
weeks of the course. There was one specific thing that was a new experience for me, the exploration
of qualitative research. Most of my research background in the course of my undergraduate studies
involved quantitative research and creation of surveys. It great to be able to explore qualitative
methods such as focus groups and interviews and to understand how they can properly supplement
or even replace these more statistical based research methods (Cooper & Schindler, 2014). The one
topic we discussed in the class that I had previously learned through but needed to have my
knowledge reinforced on, was creation of a questionnaire. This class has reminded me of how
important the process of actually creating a survey is. A questionnaire's design can affect the results
of a study in a major way unless researchers design their instruments in a manner to reduce the
occurrence of
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Business Management: Methods to Develop and Enhance...
Q1: Part I– Methods by Which I will Develop and Enhance my Communications Skills
My organization communication philosophy is holistic; as such, I do not believe that communication
skills and abilities are an isolated skill set. I believe they are fully integrated into the daily tasks
required of all employees at every level of the organization.
Thus, I will develop and enhance my communication skills by firstly identifying my weaknesses,
compiling work situations where communication missteps can be costly, compiling work situations
where communication channels operate as they ought to, and finally I will identify various ways to
develop and exercise new and existing communication abilities.
Communication Weaknesses Whether I attribute it to my cultural upbringing or simply my
personality, one of my chief communication weaknesses, is an inability to separate emotion from
leadership decisions. I often take the incompetence of colleagues to be a personal affront and
respond as if I were disrespected rather respond to conflict situations with certain objectivity. This
often means that when a conflict arises in the work context I am ruled my emotions rather than by
cognitive functions. This poses a serious problem, because I am far less likely to be effective in
identifying a solution when a problem arises.
This weakness of reacting personally is compounded by a tendency to avoid stating and addressing
conflict as it emerges. I often wait and avoid conflict until the
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Business Accounting Methods : Cash Vs. Accrual Essay
Using the wrong accounting method
There are two main business accounting methods: cash vs accrual.
Cash accounting is the much simpler method and the method that most small start–up businesses
will use because it is based on the actual flow of your cash in and out of the business. Cash basis
accounting does a good job of tracking cash flow, but it does a poor job of matching revenues
earned with money laid out for expenses. This deficiency is a problem, particularly when, as it often
happens, a company buys the inventory in one month and sells that inventory in the next month.
Accrual accounting simply means that it just disregards the actual exchange of cash and records
income and expenses as they occur. Accrual accounting is the method to use if there will be any
form of accounts receivable or accounts payable.
If you are using the wrong accounting method for your business it is likely to cause big problems
with your accounting, profits and yes, even those dreaded taxes.
Example of cash vs accrual:
A customer comes into your repair shop and needs front and back brakes and rotors. Under the cash
method, you do the repairs and the customer hands you a credit card (or check or even a stack of
cash). You record it into your point of sale system and the money is recorded as revenue. But if the
customer has an account with your business and doesn't hand you the money until the beginning of
the next month the transaction will not be recorded as revenue until
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Economic Project : Quantitative Methods For Business Essay
Economic Project: Quantitative Methods for Business
Hannah Williams
Quantitative Methods
ECON 483: T/TH 9:30–10:50 am
FALL 2016
Dr. Augustin Ntembe
Table of Contents
Abstract 3
Introduction 4
Methodology 5
Findings & Results 5 Fit of the Regression Model 5
Regression Equation Calculations 5
Measuring the fit of the Regression Line 6
Moving Averages 7
Correlation Tests 8
Variance 10
F– Statistic 11
Interpretation of Findings 12
Conclusion 13
Appendices 14
Target Yearly Data 14
Regression Analysis Data 15
Sum of squares 16
Moving Averages 17
ANOVA 18
Scatter Plot 19
F– distribution table 20
References 21
Abstract
In this study, I present findings to show if there is a causal relationship between advertising costs
and sales revenues. The financial data was extracted from the Annual and Financial Reports of
Target Corporation, a publicly traded company. I performed several statistical tests with finding that
support my hypothesis. I find that advertising cost does positively affect sales.
Introduction
Advertising attracts and informs current and potential customers about a product or service.
Advertising usually increases a company's sales volume which creates higher profits over time.
Yearly financial data was obtained from Target Corporation's from 2001 to 2015. The annual sales
revenues and advertising costs were extracted from the data.
The hypothesis is that advertising has a positive effect on sales. The study will examine the
following: The correlation
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Methods And Techniques For Business Processes
Businesses have a variety of tools and techniques available to improve and correct operations.
Among those tools available for businesses to use is Plan, Do, Check, Act (PDCA), and Total
Quality Management (TQM).
Plan – do – check – act, (PDCA) is a four–step problem solving iterative technique used to improve
business processes. Shewhart introduced the concept in 1930. However it was Deming who came to
represent the PDCA wheel (PDCA, n.d.). PDCA was developed as an analysis and measurement tool
in order to identify deviation form customer demand. It can be used to improve both major
performances as well as incremental improvements in projects and processes. The four phases
involve, Plan – Identify and analyze the problem. Do – ... Show more content on Helpwriting.net ...
Communication between management and operators are not considered either. Also the PDCA cycle
is limited and it applies more to improvement of individual processes than to a broader
organizational change. It does not consider operational strategic objectives. These are just a few
downsides with the PDCA cycle (Change management consultant, n.d.) Total Quality Management
(TQM), is a management system that involves all organization functions, which focuses on meeting
customers' needs and organizational objectives which involve all employees continual improvement,
and that seeks to improve the quality of products and services through ongoing refinements in
response to continuous feedback (Rouse, 2005) There are requirements in order to implement TQM
successfully. When an organization decides to implement TQM, top management needs to provide
their total commitment. The person in the top management position would not only have to commit
resources, but also a substantial amount of his or her own time. If others do not see the top leaders
putting in the effort, they will think that it is not a priority. In their dedication to TQM their actions
speak louder than words. It is important for the top management to lead and support the other
employees. When TQM is implemented corporate culture change is needed, and people will resist
the change. This makes it difficult, because people don't like change. It has been proven that
implementing change is difficult to
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Business Research Methods -Starbucks
University of PhoenixMay 4, 2009Starbucks Coffee Company originated in 1971 as a small coffee
house in SeattleWashington. Over the years, Starbucks has grown into a global company offering its
exclusive brand coffees in domestic and international markets. Unfortunately in recent years,
increased competition and market saturation has caused the company to re–evaluate its business
strategies often leading to the closure of many of its stores in many recently expanded areas.
This business problem and optional proposal is designed to address the issues Starbucks is facing as
a result of the increased competition and market saturation in the coffee industry. Using statistics to
remedy the issue, Team C will develop a hypothesis to study using ... Show more content on
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Analyzing surveys that were generated at the local Starbucks indicated that even though the price of
Starbucks has rose in price, consumers are still willing to buy that product, especially when a
competitor like McDonald 's sells it, as long as it bears the name Starbucks.
The observations that have been analyzed are that Starbucks is known for providing a relaxing
experience which can rival those of fast food restaurants. Starbucks has been known to modify their
stores to embrace the coffee experience to entice consumers from every walk of life in local
communities and throughout the world.
"One of the benefits of combining primary research with secondary research is in the area of data
triangulation. Data triangulation is when a piece of data, a finding, or a generalization is able to be
verified with several different research methods." (Driscoll, 2006) For example, when conducting a
study on how many college students drink Starbucks coffee, results indicate that "Coffee drinking
appears to be on the rise, and this might not be a fad. The Dallas Morning News recently wrote an
article about a specific new trend in cold coffee. In a Sept. 4 article, staff writer Teresa Gubbins says
we have a "love affair with hot coffee."(Cooper,
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Questionnaire On Business Research Methods
Assessment 2
(Part A)
Questionnaire Development (BMO6630) Business Research Methods
Submitted to: Mr. Charles Jebarajakirthy
Submitted By: Baldish Kaur (4490938) Kiranpreet Kaur (4492272)
Statement of the Research
This Questionnaire is designed to address the "Management problem in Airline industry due to the
rapid growth of Low Cost Carriers" (LCCs) which especially increase the demand of Low cost
travel.
With the help of this survey, we will help the department of Infrastructure and Transport to get a
better understanding of the factors such as brand image, experience, satisfaction that influence
future behaviour intention of LCC customers. This survey comprises of 5 sections. Section1 ...
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I thank you for Co–operation and I hope that you enjoy completing the survey.
Name............................................... Today's date............................
Address..........................................................................................
City, state, zip..................................................................................
Section 1
For questions 1 to 4 answer according to your interest.
1. What is your favourite airline? ................................................................................................
2. What were you expected by traveling in an airline?
.............................................................................................
3. Have you ever used a low cost budget airline?
A. Yes
B. No
4. Did you receive accurate flight information?
A. Yes
B. No
Section 2
For questions 5 to 8, please select one choice.
5. Which is your favourite domestic airline?
I. Jet star
II. Virgin Australia
III. Tiger Airways
IV. Qantas
V. Other
6. How much do you care about using airline brand?
I. Strongly
II. Slightly
III. Not much
IV. Never
7. What are the most influent factors that affect your choice?
I. Schedule
II. Punctuality
III. In flight services
IV. Ticket price
V. Airline Image
8. Which of the following people had an influence on your choice of airline?
I. Friends
II. Family
III. Colleagues
IV. Others
V. None
Section 3
For questions 9 to 12, please select one choice that apply to you.
9. For which purpose you travel in an airline?
I. Business
II. Personal reason
III.
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Statistical And Descriptive Methods For Solving Business...
Business problems can be researched by using descriptive statistical and inferential methods. Data
collection instruments and various sampling methods are essential tools for business research. This
paper will discuss use of inferential and descriptive methods for solving business problems within
insurance.
"Descriptive statistics are used to describe the basic features of the data in a study...which provide
summaries about the sample and the measures. With descriptive statistics you are simply describing
what is or what the data show and present quantitative description in a manageable form." (William,
M. K., 2006).
Inferential statistics is the process of making conclusions and premonitions about the population
from your observations ... Show more content on Helpwriting.net ...
Scatter plots is a graph of points that are plotted to illustrate the relation between two different sets
of data. They investigate any relation amongst variables within the same event.
Simple linear regression allows you to predict scores on one variable to the scores on a second
variable. It uses one independent variable to describe the relation of the independent and dependant
variable as a line.
Multiple regressions are learning about the independent and dependent variables relationship
between each other. It enables you to predict the value that is unknown from two or more variables.
It assists with the prediction of the value of Y.
Non–linear regression is an analysis where observational data is formed by different functions, then
are shared and depend on independent variables.
The strengths of the sampling approach include: Data collection is important to research study
because they reveal results and impact valuation. Descriptive statistics are ideally used to describe
how data is allocated and the design of a sample. Central tendency, mode, median and mean are
used to determine the number of policies sold per month and the calendar month the policy was sold
in. The data reveals the annual average and the median, which is the greater than the average
indicates the lower performing months, that impact performance versus the high performance
months. The distribution of policies
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Quantitative Methods for Business
Question 1 (a)
Question 1 (b)
Revised probabilities for Survey study: | Conditional Probability | | Posterior Probability | State of
Nature | P(Favourable result|State of Nature) | Prior Probability | Joint Probability | P(State of
Nature|Favourable result) | Successful Market | 0.70 | × 0.50 | = 0.35 | 0.350.45=0.78 | Unsuccessful
Market | 0.20 | × 0.50 | = 0.10 | 0.100.45=0.22 | P(Favourable result) = | 0.45 | 1.00 |
| Conditional Probability | | Posterior Probability | State of Nature | P(Unfavourable result |State of
Nature) | Prior Probability | Joint Probability | P(State of Nature|Unfavourable result) | Successful
Market | 0.30 | × 0.50 | = 0.15 | ... Show more content on Helpwriting.net ...
If more beds are acquired, Mt. Sinai Hospital will have immediate additional cost of purchasing
more beds as well as additional cost in the x–ray department as serving more patients will results in
handling more x–rays. This optimal solution will use up its maximum unutilized capacity of 7,000
more x–rays.
(c) Laboratory tests: 3.1m + 2.6s ≤ 15000
Optimal solution: m= 2790.909, s= 2104.545
Laboratory tests: 3.1(2790.909) + 2.6(2104.545) = 14123.63 ≈ 14124
The laboratory is not utilized to its maximum capacity. The laboratory is capable of handling
another 15,000 tests per year. In this optimal solution, there will be another 14,124 lab tests only.
Hence, it is able to perform 876 more lab tests (15,000–14,124) per year.
If Mt. Sinai Hospital acquires more lab space, there will be no additional cost until it reached its
maximum capacity of 15,000 additional lab tests. However, there will be additional cost if it exceeds
its maximum capacity.
(d) X–ray: 1m + 2s ≤ 7000
Optimal solution: m= 2790.909, s= 2104.545
X–ray: 1(2790.909) + 2(2104.545) = 7000
The x–ray facility is being used to its maximum of 7,000 x–rays in this optimal solution. The x–ray
department could not perform more than additional 7,000 x–rays per year without significant
additional cost. If Mt. Sinai Hospital acquires more x–ray facilities, a significant additional cost
would be incurred which is not favourable.
(e) Operating room:
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BSAD 371: Business Research Methods
American Psychological Association (APA) Assignment
Shalewa Williams 18090652
BSAD 371: Business Research Methods
Dr Sachin Pilli
July 9, 2015
Reference List
Printed Materials
One Author – Last Name first, followed by author initials, year published, name of printed Materials
(in italics), city, state, and publisher. Example: Smith, L.R. (2010), Business communication. San
Francisco, CA: Pearson
Up to seven Authors – List by last names and initials; commas separate author's names, while the
last author is preceded again by ampersand, then year published. Example: Smith, L.R., Crawford,
B.N., & Cartwright, M. (2003).
More than seven Authors –List by last names and initials; commas separate author names. After the
sixth ... Show more content on Helpwriting.net ...
W., Trautwein, U., Lüdtke, O., Baumert, J., & Köller, O. (2007). The big–fish–little–pond effect:
Persistent negative effects of selective high schools on self–concept after graduation. American
Educational Research Journal, 44, 631. doi: 10.3102/0002831207306728
Internet article or Article without DOI –Give the URL. Example: Hubball, H., & West, D. (2008).
Silence and authentic reflection strategies: Holistic learning in an outdoor education program.
Physical & Health Education Journal, 74(2), 12–14. Retrieved from
http://www.cahperd.ca/eng/journal/index.cfm
Newspaper article online –Example: Avery, B. (2000, February 9). Oil Prices likely to remain high:
Non–OPEC suppliers unable to challenge cartel. The Edmonton Journal. Retrieved from
http://www.edmontonjournal.com
Website of organization or government agencies– Documents, websites, and other materials
written/compiled by an organization or a government body require listing the organization as the
author of the work. Example: Alberta. Alberta Learning. Special Education Branch. (2006).
Essential components of educational programming for students with behavior disabilities.
Retrievedfrom
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Business Research Methods
Business Research Methods
Define the distinctions between primary, secondary, and tertiary sources in a secondary search A
primary source is one that is original. An example of a primary source is the recently published
results of a new study. Primary sources are the work of the only the author. When using a primary
source, it is usually contemporary with the research being examined. A primary source is without
interpretation.
Examples of secondary sources would include newspaper articles, newscasts, or encyclopedias.
Secondary sources are considered one step removed from primary sources. The can contain
opinions.
When researching a topic in a bibliography or index it represents a secondary source. Using this
secondary source can ... Show more content on Helpwriting.net ...
The quantitative approach often looks at larger groups than the qualitative method and gets a good
idea of the major trends among a large sample size. Quantitative research is an effect approach when
it is used correctly. People generally put a lot of faith in quantitative research. One of the crucial
items when using quantitative data is to decide on what sample size to use and if the sample reflects
the population you wish to examine. Senior executives might feel more comfortable relying on
quantitative data because it is strictly facts, without interpretation. * * How might a qualitative
research company lessen the senior–level executive 's skepticism? *
In the readings for this course a scenario is described asking the participants of a group to imagine
something. As a result of the ideas of the focus group, a new perception for a movie was conceived.
Sometimes what researchers need for the research are ideas from outside the box of preconceived
notions. The qualitative approach to research can be very effective when done correctly. It takes
time and effort to accurately set up, carry out, and analyze quantitative research. The problem begins
when people skew the way in which they either collect or analyze data to benefit their own cause. A
researcher needs to remember two things when looking at data. First, they need to determine how
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Assignment: Quantitative Methods for Business
Name: Sun Puthir
Alpha Yagouba Balde
Class: MC0104 Quantitative Methods for Business
Name: Sun Puthir
Alpha Yagouba Balde
Class: MC0104 Quantitative Methods for Business
Case Study
Chapter 4
North–South Airline:
In January 2008, Northern Airlines merged with Southeast Airlines to create the fourth largest U.S.
carrier. The new North–South Airline inherited both an aging fleet of Boeing 727–300 aircraft and
Stephen Ruth. Stephen was a tough former secretary of the navy who stepped in as new president
and chairman of the board.
Stephen's first concern in creating a financially solid company was maintenance costs. It was
commonly surmised in the airline industry that maintenance costs rise with the age of the aircraft.
He quickly noticed ... Show more content on Helpwriting.net ...
.73 | 15,215 | | 75.638 | 9.092 | 9.092 | 82.673 | 10.73% | 2007 | 78.74 | 18,390 | | 83.889 | –5.149 |
5.149 | 26.509 | 6.54% | | | | | Average | | 4.646 | 27.969 | 6.61% | Intercept | 36.097 | | | | | MAD | MSE
| MAPE | Slope | 0.0026 | | | | | | | | | | | | | | SE | 6.258 | | Forecast | 36.097 | | | | | Correlation | 0.877 | | | |
| | | | r–squared | 0.769 | |
Northern Engine Input Data | | | | Forecast Error Analysis | | | | Year | Engine Cost per Aircraft($) |
Average Age (Hours) | | Cost | Error | Absolute error | Squared error | Absolute % error | 2001 | 43.49
| 6,512 | | 37.785 | 5.705 | 5.705 | 32.550 | 13.12% | 2002 | 38.58 | 8,404 | | 42.786 | –4.206 | 4.206 |
17.690 | 10.90% | 2003 | 51.48 | 11,077 | | 49.852 | 1.628 | 1.628 | 2.651 | 3.16% | 2004 | 58.72 |
11,717 | | 51.543 | 7.177 | 7.177 | 51.503 | 12.22% | 2005 | 45.47 | 13,275 | | 55.662 | –10.192 | 10.192
| 103.872 | 22.41% | 2006 | 50.26 | 15,215 | | 60.790 | –10.530 | 10.530 | 110.878 | 20.95% | 2007 |
79.6 | 18,390 | | 69.183 | 10.417 | 10.417 | 108.524 | 13.09% | | | | | Average | | 7.122 | 61.096 | 13.69%
| Intercept | 20.571 | | | | | MAD | MSE | MAPE | Slope | 0.0026 | | | | | | | | | | | | | | SE | 9.248 | | Forecast
| 20.571 | | | | | Correlation | 0.783 | | | | | | | | r–squared | 0.612 | |
Southeast Airframe Input Data | | | | Forecast Error Analysis | | | | Year | Airframe
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Applied Research Methods for Business and Management
APPLIED RESEARCH METHODS FOR BUSINESS AND MANAGEMENT
Individual Assignment
On
GLOBAL LEADERSHIP SKILLS IN MULTINATIONAL ORGANSIATION
STUDENT NUMBER:
Date of Submission: May 21st 2010
CONTENTS PAGE
Introduction 2
Research problem 3
Aim and objective of research 3
Literature Review 4
Research Methodology 6
Research design 6 Data collection method 7
Sampling 9
Data analysis 9
Validity and limitation 10
Ethical issues and limitations 10
Time 11
References 12
Appendix ... Show more content on Helpwriting.net ...
In broad leadership affects performance but different approaches to leadership may be required in
the overseas operations of multinational organizations. Because some nations may only recruit and
promote those individuals that fit the national, culture bound leadership model. This research will
therefore investigate the cultural sensitivity of HSBC in particular the employees of HSBC in Hong
Kong. The practical implication of this research would be to analyse the effect of culture on
leadership skills in multinational organisations.
2. RESEARCH QUESTION/AIMS AND OBJECTIVES:
The aim of this study would be to investigate and find out 'How effective is the leadership in the
Hong Kong site and whether they have the necessary skills to lead a global business?'
Therefore,
a) Examine 'Leadership skills' in HSBC in Hong Kong.
b) Find out what is meant by 'Effectiveness' in terms of HSBC bank in Hong Kong
c) Impact of culture in management leadership in multinational organization.
d)Identify what type of training programmes would be more appropriate for the global leaders in
order for the organization to maintained and improved in this competitive business world.
3. LITERATURE REVIEW:
Global leadership skills are so important that they improve a company's reputation and contribute to
sustainable competitive advantage. In general global leadership
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Case Study : Business Research Methods
BMO6630 – Business Research Methods
Assessment 1: Structured Abstract
This structured abstract will review the topic of 'leadership' through the research of, Fiedler, Ahn
and Ettner, Muchiri et al and Vimba et al.
1. Brief summary of the theory and progression in the field (i.e., how has the theory developed since
first proposed?)
Fielder's research, which occurred in 1964, proposes that the most important aspect of successful
leadership is the relationship between the leader and his or her subordinates and that this aspect
creates the conditions for success. Fiedler also proposes a second important dimension, task
structure, which, within the context of the relationship between the leader and his or her
subordinates, also impacts leadership success.
Fiedler recognises there are numerous variables within the above hypothesis, such as, task
specificity or task ambiguity, power of the leader, acceptance of the leader by his or her team,
permissive leadership style or controlling leadership style. Fiedler categorises and presents these
variables in an eight–cubed model as a means of showing the way in which different combinations
of these variables may or may not determine successful leadership. The author posits that the way in
which these variables interact determines the conditions in which the leader is successful, or
otherwise.
In the time since Fiedler's research the subject of leadership has received significant and ongoing
attention. Among numerous authors on
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New Business And Production Methods
New business and production methods along with progressive business philosophies allowed
manufacturers to boost turnover and to make large profits which they plowed back into new
factories and wage rises. Department store and service station chains used massive buying power
and operating efficiencies to lower prices while increasing service and choice, helping wages to go
further. Henry Ford used his huge buying power to setup discount grocery stores selling cheap
groceries for his employees, much to the annoyance of local store owners.
Increased incomes, along with the introduction of credit funded a huge increase in consumer
spending. Only some of the increased affluence found its way into insurance as a provision for
retirement.
There was an economic recession in 1921 but it was allowed to run its course without political
interference and as a result it was over in 18 months. As the economy picked up, easy credit and
speculation created stock market and property bubbles that had devastating effects when they
eventually ended.
People living in the cities and areas of industry benefited most from the increased prosperity
although there were arguments to the contrary. Those living in rural areas did not benefit to the same
extent, and this was made worse by widespread drought. This encouraged population movement
from rural areas to cities, a trend which has continued down to the present day. In 1926 alone the
Department of Agriculture calculated that the nett
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Essay on Uop Qnt 561 Business Research Methods
Business Research Methods
Abbott Laboratories is faced with the dilemma of an expiring drug patent and is seeking an
additional indication from the Food and Drug Administration (FDA) for its cholesterol drug
Niaspan. In order to receive an indication from the FDA, a drug company must present two
successful studies with the intended outcome. Niaspan has the FDA indication to raise HDL–C,
reduce secondary non–fatal myocardial infarction, and regression of atherosclerosis in combination
with a bile acid resin. In a recent study (cite) patients taking Niaspan demonstrated regression of
atherosclerosis in combination with statin, a popular cholesterol treatment agent. Abbott is now
looking to replicate the study in order to receive an ... Show more content on Helpwriting.net ...
| | Do you have type–2 diabetes? | Yes/No |
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Business Research Methods, Part. 1 Essay
Business Research Methods, Part I Mary Chang, Stephanee Dorsey, Lori Holden, Christopher
Howarth, Lynn Le, Eric Witthohn QNT/HC 561 September 24, 2012 William Buck Business
Research Methods As baby boomers age and the need for health care continues to grow, the nursing
shortage in health care facilities seem to increase, as well. Many believe that "a shortage of
registered nurses is projected to spread across the country between 2009 and 2030" (AJMQ, 2012).
Dr. Peter Buerhaus wrote in Health Affairs that the United States nursing shortage is projected to
grow to 260,000 registered nurses by 2025 (2009). Researchers must develop a solid research
question, construct a research design, and identify a sample design to ... Show more content on
Helpwriting.net ...
The research will be ex post facto or experimental. The research will be cross sectional because of
time constraints. The study will be a statistical study of proportions. A case study could be used, if
time allows. We will treat this study as a lab assignment although simulations and field work is a
possibility. If communication is used care should be taken to optimize participant awareness
(Cooper & Schindler, 2008, p. 141–145). Some questions to take into consideration would be
what the reasons for high turn–over rates are for nurses. Does education play a part? Do work
conditions come into consideration? Does pay and benefits play a part? Do personal matters play a
role in turnover? The study probably will be descriptive or causal although exploratory work may
need some consideration. Sample Design In an effort to obtain the data for our research it is
important to sample from group that will best represent our population. There are four basic
questions that need to be answered in sample design. The first is the subject of our research, or
target population. The next question is the parameters of our interest, which is high turn–over rate.
The third question is the sampling frame. Because the subjects of our study are acute nurses, we
should use the membership directory from the American Nurses
... Get more on HelpWriting.net ...
A Comparison of Methods in Business Research
A Comparison of Methods in Business Research
By Song Gao
This essay compares the research method of case study with five other methods in business research.
The five methods are focus group, in–depth interview, observation, questionnaires and field
experiment. This essay provides the definition, advantages, disadvantages/limitations for each of the
six methods. Moreover, five published articles related to case study method and two published
articles related to each of the other five methods were found to further discuss their application in
research.
Case Study
Definition
It is an understatement that there is confusion among students, teachers and researchers about the
definition of case study research. In this essay, I use the ... Show more content on Helpwriting.net ...
The authors collected data from a major business communication provider, a networking
infrastructure solutions provider, and a GPS technology. The topic of this article is very professional
and difficult to understand for the audience who have no relevant background. But one advantage to
their case study is it helps audience to better understand a complex organisational phenomenon. The
authors also illustrated the limitations of their study.
Article 4 – DANAHER, P. J. (2013). Comparing the Relative Effectiveness of Advertising
Channels: A Case Study of a Multimedia Blitz Campaign. Journal of Marketing Research (JMR).,
50(4), 517–534. 18p. 1 Black and White Photograph.
In this research, the authors developed an inexpensive method to help firms assess the relative
effectiveness of multiple advertising media. Specifically, they used a firm's loyalty program
database(Case Study) to capture media exposure, through an online media survey. At the end, not
only did the authors demonstrate how to use their advertising response model to determine the
optimal budget allocation across each advertising media channel, but also they pointed out the
limitations of their studies.
Article 5 – Fahimnia, B., Farahani, R. Z., & Sarkis, J. (2013). Integrated aggregate supply
chain planning using memetic algorithm – A performance analysis case study. International Journal
of Production Research, 51(18), 5354–5373.
... Get more on HelpWriting.net ...
Market Research Methods For Business
Market research methods in business
Primary research is data that is gathered first hand from an original source, and has not been
collected before. It often involves going out and asking people for information, hence its alternative
name field research.
Observational research involves watching and observing people's activities. For example, businesses
use cookies on their websites in order to track what pages users are visiting on their website. By
using cookies, businesses will be able to know what pages are most popular among users on their
website. Information collected through cookies can also help businesses improve marketing and
their website. Experimental research is when an investigation or test is conducted in order to
discover new opportunities which can help to maximise revenues for a business. This could be done
by aiming their product at a different demographic e.g. elderly people and modifying (or
experimenting with) their product to make it more appealing to that demographic. Surveys involve
asking people questions in order to collect information about what people think about something.
This can be done face to face, by telephone, by post and online too.
E–marketing research involves using the internet to contact and interact with consumers about a
businesses' product(s). Examples of e–marketing include online surveys and cookies (as mentioned
before). A focus group is a research method in which a small group of people are asked to give their
opinions and
... Get more on HelpWriting.net ...
Why Different Communication Methods Are Used In The...
1.1) Explain why different communication methods are used in the business environment.
There are loads of ways to communicate in the business world, without communication in a business
there could be many problems which could eventually lead to the business being unsuccessful and
closing down. Some examples of communicating in the business are: face to face, phone calls,
writing (sending a letter), emails and even conference calls. These different ways of communicating
in a business are used where it suits the situation, time and purpose. one of the main ways to
communicate in a business is by telephone, this is important for many reasons whether your
communicating externally or internally in the business. Telephones in a business are used by all
employees it ranges from the receptionist all the way to the director of the business. An example of
using the telephone internally in a business environment is where a receptionist calls up her
superiors to inform them that a client has arrived or to remind them of any meetings. An example of
using the telephone externally in a business environment where a company calls up their suppliers
either to place an order or to track and order. Example of a telephone call in an estate agency
A homeowner is calling up an estate agency because he/she wants to sell or put the property on rent
so they enquire about the market rate for their property and or management costs for them giving the
property to put on rent, the worker at the estate
... Get more on HelpWriting.net ...

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Business Research Method

  • 1. Business Research Method I. Rational II. Situational Analysis III. Theoretical background IV. Conceptual Model V. Research Design VI. Sources I. Rational: According to James R. Healey (2011), reporter for USA Today, customers have lost confidence in Volkswagen's quality. Volkswagen has been subjected to a real loss in the perception of its customers regarding its cars quality. This situation results mainly from a quality problem. In fact, according to Marty Padgett (May 14, 2007), for the website www.thecarconnection.com: "The CEO of Volkswagen of America admits the company generated a lot of 'venom' with the massive quality problems it experienced earlier this decade." This position is emphasized by a Hallmark representative who observed: "Volkswagen ... Show more content on Helpwriting.net ... a. The economic factor: According to the neoclassical school of thought, consumers are rational. They make buying decisions toward getting the most out of everything. They just take into factor the economy of use, convenience, efficiency in use, dependability in use and finally improvement in earnings. Nevertheless in practice, these elements aren't the only ones used or often poorly applied. Indeed, psychological and sociological factors are also used when making a buying decision. b. The psychological factor: Psychological factors affect the way consumers think and behave while making a buying decision. For example some consumers do compulsive purchases because of their mood, which often are completely irrational. According to Black, Donald W. (2007), Compulsive buying disorder (CBD) is characterized by excessive shopping cognitions and buying behavior that leads to distress or impairment. c. The sociological factor: This factor is highly important for companies for whom brand image result from reputation. In fact many consumers from all around the world base their buying decision upon stereotypes. Sander Gilman (1985) argued that stereotypes are representations that are not accurate, but a projection of one to another. According to this definition the fact that many people believe that "Germans make good products" is a stereotype. This phenomenon might result to a biased representation of a product quality. A ... Get more on HelpWriting.net ...
  • 2.
  • 3. Business Research Methods BUSINESS RESEARCH METHODS Subject: Common problems, issues and constraints faced by business researchers during the Research Process Introduction: Business research involves the systematic and objective process of gathering data and transforming it into useful information. The research process is not confined around a single universal methodology. Infact it differs from one research study to another depending on the purpose of the research, the industry/ sector of the client company concerned, the research method/ tools used etc. As the research process differs, researcher faces different problems and issues pertaining to the research at almost every stage of the research process. It is important to note that the research problems ... Show more content on Helpwriting.net ... As mentioned earlier, the researcheer needs to make sure that the research expenditure does not exceed the agreed budget between the researcher and the client. Whereas, large organizations persistantly require additional elements to include in the study. This increases the scope of the study and requires more resources increasing the cost and time invested in the study. Case Analysis As An Example: Mentioned below is an interesting case of GSAA (Great Scott Arts Association ) which is a very good example to analyze the problems and constraints faced by the researcher in a new research project. Background of the Case: The GSAA was established in 1991 to assist several existing cultural groups in Mosquito Falls and to promote and coordinate arts activities in the area. Mosquito Falls is a town of 7500 people about 30 miles north of Saint Marvin, on the Highway. To date GSAA is a non profit organisation, tax exempted with a board of directors but no staff or office space. The Task to be accomplised were: a. Continue development of Association and Plan for its future b. Implement a general membership structure and campaign. c. Design a GSAA newsletter and publish the first issues. d. Identify possible funding sources, gather guidelines from possible funders and determine what will most likely gauge their interest.
  • 4. The above mentioned tasks provide the framework to develop the research objectives. The purpose of the research is to: a. Determine the ... Get more on HelpWriting.net ...
  • 5.
  • 6. Explain Two Methods Of Creating A Business Public Image A business will aim to create a public image through the following means: * Public Relations o Public relations is the practice of managing the spread of information between an organisation (eg a company) and the public. For example; print, online and reputation management campaigns. * Advertising o Advertising is a method of marketing and communication used to promote or sell a good, service or campaign. For example; TV adverts, radio commercials, billboards, pamphlets, etc. * Community Engagement o Community engagement is the process in which organisations (eg a company) build permanent and ongoing relationships in order to benefit a community and build a good reputation. For example donations, sponsorship, etc. Businesses and companies ... Show more content on Helpwriting.net ... It is a business relationship where an economic exchange takes place between two separate parties. Sponsorship is not a form of donation, but rather, a business arrangement. In the means of participating within a sponsorship an organisation establishes a lasting image of the business that are noticed by citizens within the wider community. Corporate sponsorship can be provided through various payments to help fund an event or through providing support such as equipment, catering, merchandise, labour, land, etc. In return, the sponsoring business benefits by improving visibility, positioning the business public image positively, increasing publicity and brand awareness and a heightened market reach. An example of where a business can provide corporate sponsorship could include an airline sponsoring an elite sporting tournament (eg grand final). The airline would provide deals to spectators and players to give them the opportunity to reach the destination of the event and also provide the event with sums of money to help fund ... Get more on HelpWriting.net ...
  • 7.
  • 8. In World Of Business There Are Many Methods To Make Revenue In world of business there are many methods to make revenue for oneself or for a certain company that runs the business even if the business practices illegal or unethical procedures. One business that had a great amount of unethical practices between the investors and the workers was slavery in America. There are many reasons why slavery raised so many red flags in the business world and they include the type of labor the slaves had to endure, the type of punishment that the slave owners did to their slaves, racial discrimination, and verbal slander that slaves had to endure daily. In the business world today, companies must follow certain guidelines, code of ethics, or protocols that mandates employee treatment, safety, and rights ... Show more content on Helpwriting.net ... The business of slavery in the early United States was a mixture of creativity and violence. At some point in history, slavery has invaded nearly every part of the world. Slavery has ancient roots in history and still exists today in many different ways. Some people may know slavery as African Americans working for whites back in the day but others may not even know what slavery really is. Slavery is a civil relationship where one person has absolute power of the life of another person. The business of slavery included the production of standardized printed forms for the slave trader 's use. "Modern Slavery is huge business. A recent ILO study estimated that modern slavery generates annual profits of over US$ 150 billion, which is as much as the combined profits of the four most profitable companies in the world," (50forFreedom). Although slavery is no longer legal anywhere in the world, human trafficking remains an international problem and an estimated 25–40 million people are living in illegal slavery today. Slavery created huge profits not only for Southern planters and slave traders, but also for Northern cotton–mill owners and investors. After doing some research we've learned that almost one million enslaved Africans were taken from their upper South families. Slavery in America began when the first African slaves were brought ... Get more on HelpWriting.net ...
  • 9.
  • 10. Uses of Scientific Methods in Business Uses of Scientific Methods in Business Uses of Scientific methods in Business An Overview: Scientific research serves us to comprehend the world around us, how things work and why certain things look or act the way they do. Scientific research consists of intrusiveness, observations, experiments and evaluations. It attempts to use these to answer questions about what causes differing phenomena. It is important to note that scientific research does not provide absolute solutions to questions, but preferably gives apparent answers based on, evidence gathered and contemporary knowledge. New information can lead to the denial of ideas previously believed to be true. This article is about applications of scientific methods in Business. ... Show more content on Helpwriting.net ... Executives and managers who use business research methods are able to better understand their company, the position it holds in the market and how to improve that position. Scientific methods can be applied in Business in many dimensions. And they can flourish business in number of ways. Few of them are as follows  Improving standards of competition: The fundamental way to keep ahead of competition is through exceptional thinking; perpetual innovation; entrepreneurship; creativity; and more complete problem solving and decision making. Through which entrepreneurs can meet global challenges with more complete problem solving and decision making skills. Organizations productivity can be enhanced by encouraging employees to learn and use scientific methods.  Provides training for change and innovation: It encourages entrepreneurs to re–establish their thoughts, ends aimless wandering, helps ideas transforming shape, motivates self–confidence and helps them to avoid snap judgments. It provides tracks for change and innovation, etc.  Improving performance chart: It enables how to manage and how to plan basic problems. Thus the better your managers are trained in the use of scientific methodologies, the better job they will do. If senior managers are all officially educated and certified in the field of management they will be able to drive a workforce on using effective motivational drivers. Information technology can relate to using software in ... Get more on HelpWriting.net ...
  • 11.
  • 12. Lean Management Is A Method Of Running A Business According to (Rouse, 2013), lean management is a method of running a business that supports the concept of constant improvement. Therefore, lean management is a long–term approach to work that thoroughly seeks to achieve small, incremental changes in processes in order to improve efficiency and quality. The theory was first established between 1948 and 1975 by Taiichi Ohno and Shigeo Shingo the two Japanese engineers (Arnheiter and Maleyeff, 2005). But the method was initially found in the works of Henry Ford, who "Ohno greatly appreciated and studied Ford because of his accomplishments and the reduction of waste at early Ford assembly plants" (Arnheiter and Maleyeff, 2005). Thus Lean management eliminates all forms of waste, decreasing errors, shrinking inventory and ordering or supplying parts "just–in–time," therefore decreasing warehousing costs. (Rand, 2013) identified the seven forms of waste, including waste in unnecessary motion, over– processing and transportation. Thus by doing this it will saves the business money and allows workers to pay attention to more value–creating activities. There are four main principles of lean which are (Rouse, 2013) firstly defining the value from the perspective of the end customer, identifying each steps in a business process and eliminating non value activities, making the value– creating steps occur in tight sequence and then finally repeating the first three steps on a constantly basis until all the waste has been eliminated. The ... Get more on HelpWriting.net ...
  • 13.
  • 14. Business Research Methods Business Research Methods – BU2S01 2006/7 Academic Season Assignment 1 Cut off date: Friday, 15th December 2006 You are required to evaluate the in terms of purposes, audiences and general strengths and weaknesses. The essay will account for 40% of the overall mark. Indicative word count: 1500 words. Note that you will need to submit your coursework to the Business School reception by 12pm (noon). "Research – an investigation involving the process of enquiry and discovery used to generate new ideas" (Hall, Jones, Raffo, 1993, Business Studies, P. 204) Research is vital in all business environments, and put into practice far more than most people presume. Every modern day manager uses research with ... Show more content on Helpwriting.net ... It can often be assumed to be a less detailed form of research than business research, but this is not the case, its is simply less answer driven. And can often finish with no clear answer to the question. In this form of research, you are much more likely to find hypothesis waiting to be tested, rather than theories believed to be true/false. Simply put, business research is used to answer a question, academic research is used to acquire a body of knowledge. From this definition, it is easy to understand why many pieces of academic research can lead into further business research . For this reason, the space between these dichotomies is not always a clear one. There can often be a grey area found between. An example of when research could fall into the grey area could be if a business were to conduct continuous research. Companies often use continuous research on a market, that has been developed specifically to better understand and to overcome market problems as they occur. Now is this academic research? As it is being peformed with no clear objective in mind. Or is it business research? As it is used to answer the companies questions specifically, when they arise. In this circumstance it is often the researchers responsibility to tailor and arrange their findings to coordinate with their needs. It is in this instant that the researcher ... Get more on HelpWriting.net ...
  • 15.
  • 16. Business Methods And Objectives Of Marketing And... Organisations irrespective of their business model use various marketing and communication tools to promote their offerings and achieve financial and non financial goals. Companies have number of general objectives for their marketing and communication programs. Some of these objectives can be informing the prospective customers about their product offerings. Then an attempt is made to persuade these customers to choose their products out of the given basket of product offering available in the market. Finally, the objective of the marketing and communication program is to induce the customers to make a purchase. Moreover, it helps in communicating with the customers frequently in order to retain them to make repeat purchase. 3.1.2 Establishing Marketing and Communication (MARCOM) Objectives Integrated Marketing and Communication brings together all tools of marketing communication to send consistent messages to target audience. ... Show more content on Helpwriting.net ... A proper system should be developed for reviewing and releasing the marketing information content. News releases regarding the company's conduct or attempt to address a crisis or scandal should be clear and consistent in conveying their message. Uniform and consistent approach to marketing communication helps marketers to make clarifying statements regarding the product to the customers by maintaining the brand image of the company. Status: Companies maintain a status in the market among the customers, competitors and vendors. Carefully designed and developed marketing and communication messages should the product offering and the brand image of the company. The marketing pieces should use tags such as "the No. 1 choice of clients" so that it becomes catchy and easily recognisable by the prospective customers. However, marketing study should be done by a third–party research firm to confirm the claim for its ... Get more on HelpWriting.net ...
  • 17.
  • 18. Essay on Business Research Methods, Part Ii Running Head: BUSINESS RESEARCH METHODS, PART II Business Research Methods, Part II University of Phoenix QNT/HC561: Applied Business in Research & Statistics in Health Care Group ID: MBAY0ZATZ9 Erik Kirk, PhD August 22, 2011 Introduction Recently, Learning Team "A" was tasked with developing a research question arising from an organizational dilemma faced by the Physical Therapy Clinic. As a result of preliminary research analysis, the team determined constraints in clinical practice were having a negative impact on the therapist's ability to fully meet patient needs. A proposal was submitted to organizational leadership that included recommendations to utilize a standard six–step research question hierarchy process. The ... Show more content on Helpwriting.net ... Patient was injured at work loading crates. Patient was reinjured knee falling on ice while shoveling snow. Mechanism of injury, patient reports decrease in mobility. Patient was injured during high school soccer game. 3) Has there been prior therapy for same condition? o Yes  No  Yes o No o Yes  No 4) What does patient states overall health is currently? o Poor  Good o Excellent  Poor o Good o Excellent o Poor o Good  Excellent 5) What is the patient's social history/living environment? Lives with his wife and three children Widow and lives alone. Lives at home with parents. 6) What is the patient's prior level of function? Works out occasionally Has no time to exercise. Trains daily with team during season and works out regularly during off season. 7) What is the patient's current functional level? Have no limitations. Advance onset of arthritis present in both knees. Have no limitations. 8) Is the physical therapy clinic a provider within the patient's insurance plan and will the therapy be covered? PPO plan that covers up to $1000 for physical therapy, however he also will be getting workers
  • 19. compensation. Medicare supplemental, with a doctor's order medicare covers physical therapy and the supplemental insurance will cover the co–payments. PPO plan that covers up to $1000 for physical therapy 12) Did the patient have a doctor's referral for the physical therapy? o Yes  No  Yes o No o No  Yes ... Get more on HelpWriting.net ...
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  • 21. Business Guide Or Safe Methods Of Business People are said to be products of their time and therefore different works of literature can represent the views of the society by which they are derived. These works also demonstrate what ideals were most highly valued by a society. The 'self–help' guide titled The Business Guide; or Safe Methods of Business by J.E. Hansford, published in 1892, is a definite example of this rule. The book contains several short articles and listicles which give advice for how successful business should be performed as well as promoting what it meant, per Hansford, what it meant to be a good businessman. The book lists various attitudes, behaviors and, practices which were highly valued at the time mainly by the present literate middle–class population. By ... Show more content on Helpwriting.net ... Savage/barbarian being a commonly used slur to reference racial and sometimes religious minorities in Canada at the time. Hansford promotes politeness by means of being cheerful, respecting differences of opinion and, sincerity and although there is truth to the matter of being polite to customers, business partners, and employees to better business dealings, the reference to "savages" is a dehumanizing and racist term and was used to subtly promote the ideals of the literate middle class as a European dominant society. Therefore, Hansford's Business Guide promotes the idea of successful business persons as following the ideals of the middle class of Victorian Era Canada by which a successful business person, must be of a middle class European descent. Throughout the Business Guide, Hansford also promotes ideals pertaining to religion in order to succeed in business. Hansford explicitly states that to succeed in business one must "love your god and fellow men" as well as that "an honest man is the noblest work of god" all of which are brought forward in parts pertaining to proper behaviors of a man to be successful in business. This is reflective of a homogeneous Eurocentric audience, promoting god and religion as a crucial position in both business life and society as a whole; god is seen as one of the most important parts of everyday life. One of the quotes from the section of "Good Advice ... Get more on HelpWriting.net ...
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  • 23. Business Research Methods Part Iii Essay Business Research Methods Part III University of Phoenix QNT/561 July 28, 2010 Business Research Methods Part III A survey was conducted to determine whether or not Starbucks should introduce lunch and dinner foods to the menu. Three thousand individuals were surveyed at various retail locations and malls. A series of 11 questions regarding the likes and dislikes of current food and beverage choices as well as possible future lunch and dinner options revealed several findings for Starbucks. Starbucks has decided to analyze the data as follows. If, 60% of the individuals answered Agree or above on a question Starbucks would accept. Furthermore, if seven of the eleven questions received 60% in the Agree or above column, the ... Show more content on Helpwriting.net ... The population of consumers surveyed showed favorable responses to the idea of launching a new product line of lunch and dinner foods. Starbucks will continue to analyze the data further to determine the best strategic plan for the launch. Furthermore, additional research will classify these findings in order of power and will solidify the decision. Potential Challanges Several potential challenges exist to the validity and reliability of the research questions, data and analysis. After looking at the survey and the data collected, some concerns are apparent to the validity of the information. This survey conducted used two methods. The first method was an online survey. The second survey method was a face–to–face questionnaire. The face–to–face survey was conducted in struggling retail locations and vicinity. Shopping Malls and heavy populated areas were the locations chosen for this survey. One major concern is that the participants used were not necessarily current Starbucks customers. The purpose for this was to increase and promote Starbucks to non–customers. Questions regarding the current Starbucks menu and ambiance does not solicit a true response if the individual surveyed is not a customer. Furthermore, competition coffee retailers are also a large concern. Surveying a ... Get more on HelpWriting.net ...
  • 24.
  • 25. What Are Business Research Methods Business Research Methods Student's Name Institution Business Research Methods Question One The World Trade Organization (WTO) unique set of rules and guidelines established for place–name products are known as the Geographical Indication (GI). Rogers (2016) defines the mentioned regulations as a form of legal protection, which reserves the use of a specific place name in association with a particular product name for a product that genuinely comes from that location. Moreover, GI confers something distinctive to the specified product. Ideally, GI is codified into the WTO language to refer to a variety of systems that aim at ensuring the accurate use of geographical place names that suggest a positive reputation to a ... Show more content on Helpwriting.net ... Table 1 Canadian Agricultural Produce Trade (In US$ million) 2014 2015 Difference Domestic Exports 41,283.26 44,509.08 +3,225.83 Imports 31,569.44 34,812.11 +3,242.67 Trade Balance 72,852.70 79,321.20 +6,468.50 (World Trade Organization [WTO], 2017). From the table, the difference between Canada's 2014 and 2015 worldwide agricultural produce exports is US$ 3.225 million. Question Five "Dewey defeats Truman" was the headline of the Chicago Tribune that was inaccurately published in 1948 declaring the victory of Governor Dewey, the Republican candidate over Harry Truman, the Democratic incumbent. In essence, the headline was guided by Gallup's quota sampling, which had accurately predicted previous presidential elections results in 1936, 1940, and 1944. According to Erikson and Tedin (2017), the mentioned pollster projected that the Republican presidential candidate would defeat the incumbent. Moreover, the opinion–poll firm was so confident of Dewey's victory that it stopped polling during the last few weeks of the campaign. Similarly, nearly all political observers regarded the outcome as certain. However, contrary to expectations, the incumbent defeated Dewey narrowly by 49.5% of the popular vote against the latter's 45% (Waller, 2017). Ideally, Gallup and other pollsters were misguided by the quota–sampling ... Get more on HelpWriting.net ...
  • 26.
  • 27. 2 Methods of Business Analysis The first tool that can be used is the SWOT analysis. This is a tool that helps a company define and look at their Strengths, Weaknesses, Opportunities and Threats on mostly an internal level. A company uses this tool to dissect the areas that they exceed in and the areas of improvement, the areas of opportunity they can take advantage of and where other companies can pose a threat to their business. This is a powerful tool that can, with a little thought, help a company uncover opportunities that are well placed for exploitation by the organization (Manktelow & Carlson, n.d.). This tool also helps a company understand its weaknesses and in turn manage and eliminate threats that could catch the organization unaware. The following are ... Show more content on Helpwriting.net ... This is not a before and after comparison, but rather a with or without comparison. Several factors go into a cost benefit analysis, these include the cost of the equipment, power consumption of the equipment, units produced per hour, the labor costs (before and after) installation, quality of production – reject/recall rate or margin of error of products produced, the floor space needed to make the improvement (will it fit into the old space), installation costs of the machinery, operator costs, and environmental factors like is the machine louder and neede to soundproofed or insurance premiums for the new machinery (about.com). When looking at the scenario from this perspective it turns the decision into a definite financial situation on whether to make the changes. Another item that needs to be taken into consideration is if the new technology is proven and potential for failure and flexibility. If the new technology fails then a company has to revert back to old method of production at an increased expense. Process flexibility results from being able to build different products from the same production line with minor adjustments (Priniciples, n.d.). These tools would prove very beneficial to FFI in the fact that the SWOT is addressing the internal and external factors that do and can affect how FFI does business and help them make their global strategy. The ... Get more on HelpWriting.net ...
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  • 29. Strategic Alignment Is A Method For Understanding The... Strategic alignment is a method for understanding the nature of a business through the association of business processes and strategies (Morrison, Ghose, Dam, Hinge & Hoesch–Klohe, 2011). The use of strategic alignment allows an organization to contemplate its long life and to find how achievable its visions for the future are (Morrison et al., 2011). On the other hand, 'best practice' demonstrates an established set of human resource practices that can be utilized within any circumstance to achieve competitive advantage and a win–win situation for all parties. When designing a remuneration and performance management system, it is recommended for the Starbucks Corporation to utilize 'strategic alignment', as this approach provides insight ... Show more content on Helpwriting.net ... Their mission, vision and values strives towards attaining the utmost respect and brand recognition for its coffee and distinctive beverages. To such a degree, Starbucks continued to amplify their franchises, innovation process of new merchandise outline and increase current customer satisfaction levels in order to abstain from losing market share against the competition. Together with the company's beliefs, Starbucks claims that not only are customer requests and needs a top priority, but its employees are vital towards it success. Unique Employee Relationship and Open Communication The Corporation recognizes its employees as a crucial segment of its view from itself as a business serving the community; its employees are vital for its growth, helping the business grow and thrive ("Working at Starbucks", 2016). As stated on its website, employed at Starbucks is comparable to working with friends, the company welcomes, acknowledges, and accommodates many people with different frame of minds. It is a firm that also supports diversity. Furthermore, the company provides all employees and their same–sex or opposite–sex partners comprehensive health benefits that include medical, dental, vision care as well as tuition reimbursement, stock options, vacation and retirement plan (Noe, Hollenbeck, Gerhart & Wright, 2010). Consequently, granting employees generous reimbursement and benefits packages certifies employees are content and motivated, concluding to ... Get more on HelpWriting.net ...
  • 30.
  • 31. Chapter 8 Chapter 08 Business Income, Deductions, and Accounting Methods SOLUTION MANUAL Discussion Questions 1. [LO 1] What is an "ordinary and necessary" business expenditure? "Ordinary" and "necessary" imply that an expense must be customary and helpful, respectively. Because these terms are subjective, the tests are ambiguous. However, ordinary is interpreted by the courts as including expenses which may be unusual for a specific taxpayer (but not for that type of business) and necessary is not interpreted as only essential expenses. These limits can be contrasted with the reasonable limit on amounts and the bona fide requirement for profit motivation. 2. [LO 1] Is cost of goods sold deductible as a business expense for a business ... Show more content on Helpwriting.net ... If this prohibition were repealed, then taxpayers would have an incentive to borrow to invest in municipal bonds or borrow to invest in employee life insurance. This former practice would lead to higher demand for municipal bonds (less yield) and less revenue for the government. The latter practice would lead to higher demand for insurance (higher premiums?) and less revenue for the government. Both practices could lead to a perception of inequity between those taxpayers able to utilize the tax arbitrage to reduce taxes and those who could not use the practice. 7. [LO 2] {Research} Jerry is a self–employed rock star and this year he expended $1,000 on special "flashy" clothes and outfits. Jerry would like to deduct the cost of these clothes as work–related because the clothes are not acceptable to Jerry's sense of fashion. Under what circumstances can Jerry deduct the cost of these work clothes? Taxpayers may deduct the cost of uniforms or special clothing they use in their business when the clothing is not appropriate to wear as ordinary clothing outside the place of business. In Jerry's case, the flashy rock outfits could be analogous to special uniforms or protective garments and could be deductible. See D. Techner, TC Memo 1997–498. Erhard Seminar Training, TC Memo 1986–526 provides an example of clothes that were not deductible because they were appropriate for normal wear. ... Get more on HelpWriting.net ...
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  • 33. A Balanced Scorecard Is A Method Of Analyzing And... A balanced scorecard is a method of analyzing and assessing internal and external factors that affect the business strategy as a whole (Niven 2010). These four aspects that should be assessed provide a big impact for company operations and strategies. The need to know of internal capabilities and the external forces which affect how the company will innovate its' ways, create new products or shift its' ways into more competitive actions that are important in knowing what to do next and providing what will be best for Kasey Translate Inc. Establishing a business nowadays is difficult as there are many considerations to be met to attain the expectations of customers and become profitable. The means of applying BSC as a strategy is to assure ... Show more content on Helpwriting.net ... Industry and academic papers have seen the significance of total quality management in terms of its positive relationship on increased organizational competitiveness specifically in the areas of product, quality, reputation and business result competitiveness as this management principle is aimed at the creation of a competitive business environment (Rampersad 2006). Meanwhile, the learning organization principle attempts to reinforce the concepts within total quality management to be able to sustain competitive advantages in the end. The four quadrants of the balanced scorecard which will be discussed within this paper are as follows: Financial The shareholders are the suppliers who will coordinate with the company properly in terms of providing supplies and materials. The customer is another stakeholder who will determine the results of the new strategy implemented by the company. The employees will also be affected as the processes they apply will also change because of the alterations in the strategy. Revenue is projected to increase because of the good service as a result of a Balanced Scorecard strategy. Better use of company assets because of the increased efficiency of the workers. And higher costs for the company because adjustments need to be made for the new BSC strategy. Customer The customers come from different markets. The customers want affordable and quality services ... Get more on HelpWriting.net ...
  • 34.
  • 35. Business Continuity Research Methods Business Continuity Research Research methods should contain research questions and hypothesis, present a research design, discuss participants, instruments used, the procedure, a data analysis plan, and the sample size justification (Anon., n.d.). The research design methods should be discussed, such as whether it was quantitative, qualitative, or mixed. The quantitative method assesses the participant responses on a measure. The qualitative method is a semi–structured interview that gets transcribed. The mixed method is a mix of the quantitative and the qualitative methods. Discussion of the participants should discuss the sample of the population, how they were selected, why they were selected, and the method used to select them. The instruments used in the study should be discussed, what types of instruments, the scales and subscales, how the scales are computed, and the reliability and validity of those scales. There should also be reference to the researchers that designed the scales that were used in the study. The procedure, explaining how the instruments should be used, should be discussed in detail where the reader understands every step of the process. The data analysis plan should discuss how the data was analyzed, including statistical tests, statistical assumptions of those tests, and the justification for the statistical tests. The sample size justification should be based on criteria of the power selected, .80 for example, the alpha level, .05 for ... Get more on HelpWriting.net ...
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  • 37. Assessment Methods in Business Essay When accessing the performance of an IS, Palmius (2007) cites three types of approach are the most common: economical benefit, usability measurement and measurement of user/customer satisfaction. Economical benefits are linked frequently in return on investments (ROI) and cost– benefit analysis (CBA). Usability measurements regularly refer to interface quality while user/consumer satisfaction indicates quality of service studies. All of these can be indicator of performance in some specific level, but isolated they cannot measure the success of an IS. Much of the assessment methods are described by the following categories: observation of a system and the interactions of users within it, gathering the opinion of users, experience, ... Show more content on Helpwriting.net ... Interferes with decision analysis, task completion time, productivity, etc; and Organizational impact – overall impact in an organizational level. Generally relate to three main topics: profit, productivity and cost/benefit analysis. This model is based on the multiple relations between each variable and how they impact the individual and the organization. It should be looked as whole, not just on each component separately. As it was organized, Organizational impact was the most important aspect, since that is where the real success or not lays down. A great system with great user satisfaction, for example, is great, but without real and perceivable results, it cannot be considered a success. However, there were critics of the model, like Seddon (1997), by Palmius (2007), who argues that the model contains both procedures and variance variables which could make results confusing to describe, evaluate, and comprehend. Pitt et al. (1995), by Palmius (2007) reasoned for the relationships between user and IT department, indicating some type of service component should be added to the model. Myers et al. (1997), by Palmius (2007) explored to other possible impacts that IS and IT may have other than the individuals and in the organization, like the industry or society. Even though Seddon and Kiev (1994) and Rai et al. (2002), both by Palmius (2007), made studies validating the model, Delone and Mclean ... Get more on HelpWriting.net ...
  • 38.
  • 39. Business Research Methods ( Bmo6630 ) Assessment Student name: ID: Business Research Methods (BMO6630) Assessment 1 Content word count: 971 Brief summary of the topic: Leadership is an attempt to influence the people around the leader and try to direct them to accomplish the desired goal. The leadership skills contain influence people to reach their goal which is finally benefiting the organization to achieve its goals. In addition to, it contains the ability to influence and motivate in order to reach goals. Leadership skills exist within each individual that can be shown at the time of external events or the individual can learn it through training. The importance of leadership summaries as a source of the interaction between employees and the organization and its future plans. Also, it is a tool used in order to unite efforts to achieve the goals. One of the benefits of leadership is eliminating labor problems and develops and motivates individuals. The leadership is defined as making accurate decisions in urgent situations. (1) Common themes across the four articles: Strong and successful companies need a strong and successful leader. Leadership is defined as the access to the target with the best means and the lowest cost within the limits of resources and facilities available with the proper use of resources and facilities. It is known as a social interaction, because it is possible for anyone to be a leader without acting leadership with individuals in certain situation. Paul J.H. ... Get more on HelpWriting.net ...
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  • 41. The Last Seven Weeks Of Business Research Methods The last seven weeks in Business Research methods have been a very rewarding experience. This class has taught me new things about proper research and refreshed past information I have learned in other research classes. Throughout this class, we have covered topics spanning every aspect of the research process. We started with oral and written presentation of research findings. Next moving to types of research studies, including qualitative, quantitative, observation, experiments, and surveys. Finally, we covered topics such as creation of a questionnaire and how to utilize data in the final two weeks of the course. There was one specific thing that was a new experience for me, the exploration of qualitative research. Most of my research background in the course of my undergraduate studies involved quantitative research and creation of surveys. It great to be able to explore qualitative methods such as focus groups and interviews and to understand how they can properly supplement or even replace these more statistical based research methods (Cooper & Schindler, 2014). The one topic we discussed in the class that I had previously learned through but needed to have my knowledge reinforced on, was creation of a questionnaire. This class has reminded me of how important the process of actually creating a survey is. A questionnaire's design can affect the results of a study in a major way unless researchers design their instruments in a manner to reduce the occurrence of ... Get more on HelpWriting.net ...
  • 42.
  • 43. Business Management: Methods to Develop and Enhance... Q1: Part I– Methods by Which I will Develop and Enhance my Communications Skills My organization communication philosophy is holistic; as such, I do not believe that communication skills and abilities are an isolated skill set. I believe they are fully integrated into the daily tasks required of all employees at every level of the organization. Thus, I will develop and enhance my communication skills by firstly identifying my weaknesses, compiling work situations where communication missteps can be costly, compiling work situations where communication channels operate as they ought to, and finally I will identify various ways to develop and exercise new and existing communication abilities. Communication Weaknesses Whether I attribute it to my cultural upbringing or simply my personality, one of my chief communication weaknesses, is an inability to separate emotion from leadership decisions. I often take the incompetence of colleagues to be a personal affront and respond as if I were disrespected rather respond to conflict situations with certain objectivity. This often means that when a conflict arises in the work context I am ruled my emotions rather than by cognitive functions. This poses a serious problem, because I am far less likely to be effective in identifying a solution when a problem arises. This weakness of reacting personally is compounded by a tendency to avoid stating and addressing conflict as it emerges. I often wait and avoid conflict until the ... Get more on HelpWriting.net ...
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  • 45. Business Accounting Methods : Cash Vs. Accrual Essay Using the wrong accounting method There are two main business accounting methods: cash vs accrual. Cash accounting is the much simpler method and the method that most small start–up businesses will use because it is based on the actual flow of your cash in and out of the business. Cash basis accounting does a good job of tracking cash flow, but it does a poor job of matching revenues earned with money laid out for expenses. This deficiency is a problem, particularly when, as it often happens, a company buys the inventory in one month and sells that inventory in the next month. Accrual accounting simply means that it just disregards the actual exchange of cash and records income and expenses as they occur. Accrual accounting is the method to use if there will be any form of accounts receivable or accounts payable. If you are using the wrong accounting method for your business it is likely to cause big problems with your accounting, profits and yes, even those dreaded taxes. Example of cash vs accrual: A customer comes into your repair shop and needs front and back brakes and rotors. Under the cash method, you do the repairs and the customer hands you a credit card (or check or even a stack of cash). You record it into your point of sale system and the money is recorded as revenue. But if the customer has an account with your business and doesn't hand you the money until the beginning of the next month the transaction will not be recorded as revenue until ... Get more on HelpWriting.net ...
  • 46.
  • 47. Economic Project : Quantitative Methods For Business Essay Economic Project: Quantitative Methods for Business Hannah Williams Quantitative Methods ECON 483: T/TH 9:30–10:50 am FALL 2016 Dr. Augustin Ntembe Table of Contents Abstract 3 Introduction 4 Methodology 5 Findings & Results 5 Fit of the Regression Model 5 Regression Equation Calculations 5 Measuring the fit of the Regression Line 6 Moving Averages 7 Correlation Tests 8 Variance 10 F– Statistic 11 Interpretation of Findings 12 Conclusion 13 Appendices 14 Target Yearly Data 14 Regression Analysis Data 15 Sum of squares 16 Moving Averages 17 ANOVA 18 Scatter Plot 19 F– distribution table 20 References 21 Abstract In this study, I present findings to show if there is a causal relationship between advertising costs and sales revenues. The financial data was extracted from the Annual and Financial Reports of Target Corporation, a publicly traded company. I performed several statistical tests with finding that
  • 48. support my hypothesis. I find that advertising cost does positively affect sales. Introduction Advertising attracts and informs current and potential customers about a product or service. Advertising usually increases a company's sales volume which creates higher profits over time. Yearly financial data was obtained from Target Corporation's from 2001 to 2015. The annual sales revenues and advertising costs were extracted from the data. The hypothesis is that advertising has a positive effect on sales. The study will examine the following: The correlation ... Get more on HelpWriting.net ...
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  • 50. Methods And Techniques For Business Processes Businesses have a variety of tools and techniques available to improve and correct operations. Among those tools available for businesses to use is Plan, Do, Check, Act (PDCA), and Total Quality Management (TQM). Plan – do – check – act, (PDCA) is a four–step problem solving iterative technique used to improve business processes. Shewhart introduced the concept in 1930. However it was Deming who came to represent the PDCA wheel (PDCA, n.d.). PDCA was developed as an analysis and measurement tool in order to identify deviation form customer demand. It can be used to improve both major performances as well as incremental improvements in projects and processes. The four phases involve, Plan – Identify and analyze the problem. Do – ... Show more content on Helpwriting.net ... Communication between management and operators are not considered either. Also the PDCA cycle is limited and it applies more to improvement of individual processes than to a broader organizational change. It does not consider operational strategic objectives. These are just a few downsides with the PDCA cycle (Change management consultant, n.d.) Total Quality Management (TQM), is a management system that involves all organization functions, which focuses on meeting customers' needs and organizational objectives which involve all employees continual improvement, and that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback (Rouse, 2005) There are requirements in order to implement TQM successfully. When an organization decides to implement TQM, top management needs to provide their total commitment. The person in the top management position would not only have to commit resources, but also a substantial amount of his or her own time. If others do not see the top leaders putting in the effort, they will think that it is not a priority. In their dedication to TQM their actions speak louder than words. It is important for the top management to lead and support the other employees. When TQM is implemented corporate culture change is needed, and people will resist the change. This makes it difficult, because people don't like change. It has been proven that implementing change is difficult to ... Get more on HelpWriting.net ...
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  • 52. Business Research Methods -Starbucks University of PhoenixMay 4, 2009Starbucks Coffee Company originated in 1971 as a small coffee house in SeattleWashington. Over the years, Starbucks has grown into a global company offering its exclusive brand coffees in domestic and international markets. Unfortunately in recent years, increased competition and market saturation has caused the company to re–evaluate its business strategies often leading to the closure of many of its stores in many recently expanded areas. This business problem and optional proposal is designed to address the issues Starbucks is facing as a result of the increased competition and market saturation in the coffee industry. Using statistics to remedy the issue, Team C will develop a hypothesis to study using ... Show more content on Helpwriting.net ... Analyzing surveys that were generated at the local Starbucks indicated that even though the price of Starbucks has rose in price, consumers are still willing to buy that product, especially when a competitor like McDonald 's sells it, as long as it bears the name Starbucks. The observations that have been analyzed are that Starbucks is known for providing a relaxing experience which can rival those of fast food restaurants. Starbucks has been known to modify their stores to embrace the coffee experience to entice consumers from every walk of life in local communities and throughout the world. "One of the benefits of combining primary research with secondary research is in the area of data triangulation. Data triangulation is when a piece of data, a finding, or a generalization is able to be verified with several different research methods." (Driscoll, 2006) For example, when conducting a study on how many college students drink Starbucks coffee, results indicate that "Coffee drinking appears to be on the rise, and this might not be a fad. The Dallas Morning News recently wrote an article about a specific new trend in cold coffee. In a Sept. 4 article, staff writer Teresa Gubbins says we have a "love affair with hot coffee."(Cooper, ... Get more on HelpWriting.net ...
  • 53.
  • 54. Questionnaire On Business Research Methods Assessment 2 (Part A) Questionnaire Development (BMO6630) Business Research Methods Submitted to: Mr. Charles Jebarajakirthy Submitted By: Baldish Kaur (4490938) Kiranpreet Kaur (4492272) Statement of the Research This Questionnaire is designed to address the "Management problem in Airline industry due to the rapid growth of Low Cost Carriers" (LCCs) which especially increase the demand of Low cost travel. With the help of this survey, we will help the department of Infrastructure and Transport to get a better understanding of the factors such as brand image, experience, satisfaction that influence future behaviour intention of LCC customers. This survey comprises of 5 sections. Section1 ... Show more content on Helpwriting.net ... I thank you for Co–operation and I hope that you enjoy completing the survey. Name............................................... Today's date............................ Address.......................................................................................... City, state, zip.................................................................................. Section 1 For questions 1 to 4 answer according to your interest. 1. What is your favourite airline? ................................................................................................ 2. What were you expected by traveling in an airline? ............................................................................................. 3. Have you ever used a low cost budget airline? A. Yes B. No 4. Did you receive accurate flight information?
  • 55. A. Yes B. No Section 2 For questions 5 to 8, please select one choice. 5. Which is your favourite domestic airline? I. Jet star II. Virgin Australia III. Tiger Airways IV. Qantas V. Other 6. How much do you care about using airline brand? I. Strongly II. Slightly III. Not much IV. Never 7. What are the most influent factors that affect your choice? I. Schedule II. Punctuality III. In flight services IV. Ticket price V. Airline Image 8. Which of the following people had an influence on your choice of airline? I. Friends II. Family III. Colleagues IV. Others V. None Section 3 For questions 9 to 12, please select one choice that apply to you. 9. For which purpose you travel in an airline? I. Business II. Personal reason III. ... Get more on HelpWriting.net ...
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  • 57. Statistical And Descriptive Methods For Solving Business... Business problems can be researched by using descriptive statistical and inferential methods. Data collection instruments and various sampling methods are essential tools for business research. This paper will discuss use of inferential and descriptive methods for solving business problems within insurance. "Descriptive statistics are used to describe the basic features of the data in a study...which provide summaries about the sample and the measures. With descriptive statistics you are simply describing what is or what the data show and present quantitative description in a manageable form." (William, M. K., 2006). Inferential statistics is the process of making conclusions and premonitions about the population from your observations ... Show more content on Helpwriting.net ... Scatter plots is a graph of points that are plotted to illustrate the relation between two different sets of data. They investigate any relation amongst variables within the same event. Simple linear regression allows you to predict scores on one variable to the scores on a second variable. It uses one independent variable to describe the relation of the independent and dependant variable as a line. Multiple regressions are learning about the independent and dependent variables relationship between each other. It enables you to predict the value that is unknown from two or more variables. It assists with the prediction of the value of Y. Non–linear regression is an analysis where observational data is formed by different functions, then are shared and depend on independent variables. The strengths of the sampling approach include: Data collection is important to research study because they reveal results and impact valuation. Descriptive statistics are ideally used to describe how data is allocated and the design of a sample. Central tendency, mode, median and mean are used to determine the number of policies sold per month and the calendar month the policy was sold in. The data reveals the annual average and the median, which is the greater than the average indicates the lower performing months, that impact performance versus the high performance months. The distribution of policies ... Get more on HelpWriting.net ...
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  • 59. Quantitative Methods for Business Question 1 (a) Question 1 (b) Revised probabilities for Survey study: | Conditional Probability | | Posterior Probability | State of Nature | P(Favourable result|State of Nature) | Prior Probability | Joint Probability | P(State of Nature|Favourable result) | Successful Market | 0.70 | × 0.50 | = 0.35 | 0.350.45=0.78 | Unsuccessful Market | 0.20 | × 0.50 | = 0.10 | 0.100.45=0.22 | P(Favourable result) = | 0.45 | 1.00 | | Conditional Probability | | Posterior Probability | State of Nature | P(Unfavourable result |State of Nature) | Prior Probability | Joint Probability | P(State of Nature|Unfavourable result) | Successful Market | 0.30 | × 0.50 | = 0.15 | ... Show more content on Helpwriting.net ... If more beds are acquired, Mt. Sinai Hospital will have immediate additional cost of purchasing more beds as well as additional cost in the x–ray department as serving more patients will results in handling more x–rays. This optimal solution will use up its maximum unutilized capacity of 7,000 more x–rays. (c) Laboratory tests: 3.1m + 2.6s ≤ 15000 Optimal solution: m= 2790.909, s= 2104.545 Laboratory tests: 3.1(2790.909) + 2.6(2104.545) = 14123.63 ≈ 14124 The laboratory is not utilized to its maximum capacity. The laboratory is capable of handling another 15,000 tests per year. In this optimal solution, there will be another 14,124 lab tests only. Hence, it is able to perform 876 more lab tests (15,000–14,124) per year. If Mt. Sinai Hospital acquires more lab space, there will be no additional cost until it reached its maximum capacity of 15,000 additional lab tests. However, there will be additional cost if it exceeds its maximum capacity. (d) X–ray: 1m + 2s ≤ 7000 Optimal solution: m= 2790.909, s= 2104.545 X–ray: 1(2790.909) + 2(2104.545) = 7000 The x–ray facility is being used to its maximum of 7,000 x–rays in this optimal solution. The x–ray department could not perform more than additional 7,000 x–rays per year without significant additional cost. If Mt. Sinai Hospital acquires more x–ray facilities, a significant additional cost would be incurred which is not favourable.
  • 60. (e) Operating room: ... Get more on HelpWriting.net ...
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  • 62. BSAD 371: Business Research Methods American Psychological Association (APA) Assignment Shalewa Williams 18090652 BSAD 371: Business Research Methods Dr Sachin Pilli July 9, 2015 Reference List Printed Materials One Author – Last Name first, followed by author initials, year published, name of printed Materials (in italics), city, state, and publisher. Example: Smith, L.R. (2010), Business communication. San Francisco, CA: Pearson Up to seven Authors – List by last names and initials; commas separate author's names, while the last author is preceded again by ampersand, then year published. Example: Smith, L.R., Crawford, B.N., & Cartwright, M. (2003). More than seven Authors –List by last names and initials; commas separate author names. After the sixth ... Show more content on Helpwriting.net ... W., Trautwein, U., Lüdtke, O., Baumert, J., & Köller, O. (2007). The big–fish–little–pond effect: Persistent negative effects of selective high schools on self–concept after graduation. American Educational Research Journal, 44, 631. doi: 10.3102/0002831207306728 Internet article or Article without DOI –Give the URL. Example: Hubball, H., & West, D. (2008). Silence and authentic reflection strategies: Holistic learning in an outdoor education program. Physical & Health Education Journal, 74(2), 12–14. Retrieved from http://www.cahperd.ca/eng/journal/index.cfm Newspaper article online –Example: Avery, B. (2000, February 9). Oil Prices likely to remain high: Non–OPEC suppliers unable to challenge cartel. The Edmonton Journal. Retrieved from http://www.edmontonjournal.com Website of organization or government agencies– Documents, websites, and other materials written/compiled by an organization or a government body require listing the organization as the author of the work. Example: Alberta. Alberta Learning. Special Education Branch. (2006). Essential components of educational programming for students with behavior disabilities. Retrievedfrom ... Get more on HelpWriting.net ...
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  • 64. Business Research Methods Business Research Methods Define the distinctions between primary, secondary, and tertiary sources in a secondary search A primary source is one that is original. An example of a primary source is the recently published results of a new study. Primary sources are the work of the only the author. When using a primary source, it is usually contemporary with the research being examined. A primary source is without interpretation. Examples of secondary sources would include newspaper articles, newscasts, or encyclopedias. Secondary sources are considered one step removed from primary sources. The can contain opinions. When researching a topic in a bibliography or index it represents a secondary source. Using this secondary source can ... Show more content on Helpwriting.net ... The quantitative approach often looks at larger groups than the qualitative method and gets a good idea of the major trends among a large sample size. Quantitative research is an effect approach when it is used correctly. People generally put a lot of faith in quantitative research. One of the crucial items when using quantitative data is to decide on what sample size to use and if the sample reflects the population you wish to examine. Senior executives might feel more comfortable relying on quantitative data because it is strictly facts, without interpretation. * * How might a qualitative research company lessen the senior–level executive 's skepticism? * In the readings for this course a scenario is described asking the participants of a group to imagine something. As a result of the ideas of the focus group, a new perception for a movie was conceived. Sometimes what researchers need for the research are ideas from outside the box of preconceived notions. The qualitative approach to research can be very effective when done correctly. It takes time and effort to accurately set up, carry out, and analyze quantitative research. The problem begins when people skew the way in which they either collect or analyze data to benefit their own cause. A researcher needs to remember two things when looking at data. First, they need to determine how ... Get more on HelpWriting.net ...
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  • 66. Assignment: Quantitative Methods for Business Name: Sun Puthir Alpha Yagouba Balde Class: MC0104 Quantitative Methods for Business Name: Sun Puthir Alpha Yagouba Balde Class: MC0104 Quantitative Methods for Business Case Study Chapter 4 North–South Airline: In January 2008, Northern Airlines merged with Southeast Airlines to create the fourth largest U.S. carrier. The new North–South Airline inherited both an aging fleet of Boeing 727–300 aircraft and Stephen Ruth. Stephen was a tough former secretary of the navy who stepped in as new president and chairman of the board. Stephen's first concern in creating a financially solid company was maintenance costs. It was commonly surmised in the airline industry that maintenance costs rise with the age of the aircraft. He quickly noticed ... Show more content on Helpwriting.net ... .73 | 15,215 | | 75.638 | 9.092 | 9.092 | 82.673 | 10.73% | 2007 | 78.74 | 18,390 | | 83.889 | –5.149 | 5.149 | 26.509 | 6.54% | | | | | Average | | 4.646 | 27.969 | 6.61% | Intercept | 36.097 | | | | | MAD | MSE | MAPE | Slope | 0.0026 | | | | | | | | | | | | | | SE | 6.258 | | Forecast | 36.097 | | | | | Correlation | 0.877 | | | | | | | | r–squared | 0.769 | | Northern Engine Input Data | | | | Forecast Error Analysis | | | | Year | Engine Cost per Aircraft($) | Average Age (Hours) | | Cost | Error | Absolute error | Squared error | Absolute % error | 2001 | 43.49 | 6,512 | | 37.785 | 5.705 | 5.705 | 32.550 | 13.12% | 2002 | 38.58 | 8,404 | | 42.786 | –4.206 | 4.206 | 17.690 | 10.90% | 2003 | 51.48 | 11,077 | | 49.852 | 1.628 | 1.628 | 2.651 | 3.16% | 2004 | 58.72 | 11,717 | | 51.543 | 7.177 | 7.177 | 51.503 | 12.22% | 2005 | 45.47 | 13,275 | | 55.662 | –10.192 | 10.192 | 103.872 | 22.41% | 2006 | 50.26 | 15,215 | | 60.790 | –10.530 | 10.530 | 110.878 | 20.95% | 2007 | 79.6 | 18,390 | | 69.183 | 10.417 | 10.417 | 108.524 | 13.09% | | | | | Average | | 7.122 | 61.096 | 13.69% | Intercept | 20.571 | | | | | MAD | MSE | MAPE | Slope | 0.0026 | | | | | | | | | | | | | | SE | 9.248 | | Forecast | 20.571 | | | | | Correlation | 0.783 | | | | | | | | r–squared | 0.612 | | Southeast Airframe Input Data | | | | Forecast Error Analysis | | | | Year | Airframe
  • 67. ... Get more on HelpWriting.net ...
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  • 69. Applied Research Methods for Business and Management APPLIED RESEARCH METHODS FOR BUSINESS AND MANAGEMENT Individual Assignment On GLOBAL LEADERSHIP SKILLS IN MULTINATIONAL ORGANSIATION STUDENT NUMBER: Date of Submission: May 21st 2010 CONTENTS PAGE Introduction 2 Research problem 3 Aim and objective of research 3 Literature Review 4 Research Methodology 6 Research design 6 Data collection method 7 Sampling 9 Data analysis 9 Validity and limitation 10 Ethical issues and limitations 10 Time 11 References 12
  • 70. Appendix ... Show more content on Helpwriting.net ... In broad leadership affects performance but different approaches to leadership may be required in the overseas operations of multinational organizations. Because some nations may only recruit and promote those individuals that fit the national, culture bound leadership model. This research will therefore investigate the cultural sensitivity of HSBC in particular the employees of HSBC in Hong Kong. The practical implication of this research would be to analyse the effect of culture on leadership skills in multinational organisations. 2. RESEARCH QUESTION/AIMS AND OBJECTIVES: The aim of this study would be to investigate and find out 'How effective is the leadership in the Hong Kong site and whether they have the necessary skills to lead a global business?' Therefore, a) Examine 'Leadership skills' in HSBC in Hong Kong. b) Find out what is meant by 'Effectiveness' in terms of HSBC bank in Hong Kong c) Impact of culture in management leadership in multinational organization. d)Identify what type of training programmes would be more appropriate for the global leaders in order for the organization to maintained and improved in this competitive business world. 3. LITERATURE REVIEW: Global leadership skills are so important that they improve a company's reputation and contribute to sustainable competitive advantage. In general global leadership ... Get more on HelpWriting.net ...
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  • 72. Case Study : Business Research Methods BMO6630 – Business Research Methods Assessment 1: Structured Abstract This structured abstract will review the topic of 'leadership' through the research of, Fiedler, Ahn and Ettner, Muchiri et al and Vimba et al. 1. Brief summary of the theory and progression in the field (i.e., how has the theory developed since first proposed?) Fielder's research, which occurred in 1964, proposes that the most important aspect of successful leadership is the relationship between the leader and his or her subordinates and that this aspect creates the conditions for success. Fiedler also proposes a second important dimension, task structure, which, within the context of the relationship between the leader and his or her subordinates, also impacts leadership success. Fiedler recognises there are numerous variables within the above hypothesis, such as, task specificity or task ambiguity, power of the leader, acceptance of the leader by his or her team, permissive leadership style or controlling leadership style. Fiedler categorises and presents these variables in an eight–cubed model as a means of showing the way in which different combinations of these variables may or may not determine successful leadership. The author posits that the way in which these variables interact determines the conditions in which the leader is successful, or otherwise. In the time since Fiedler's research the subject of leadership has received significant and ongoing attention. Among numerous authors on ... Get more on HelpWriting.net ...
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  • 74. New Business And Production Methods New business and production methods along with progressive business philosophies allowed manufacturers to boost turnover and to make large profits which they plowed back into new factories and wage rises. Department store and service station chains used massive buying power and operating efficiencies to lower prices while increasing service and choice, helping wages to go further. Henry Ford used his huge buying power to setup discount grocery stores selling cheap groceries for his employees, much to the annoyance of local store owners. Increased incomes, along with the introduction of credit funded a huge increase in consumer spending. Only some of the increased affluence found its way into insurance as a provision for retirement. There was an economic recession in 1921 but it was allowed to run its course without political interference and as a result it was over in 18 months. As the economy picked up, easy credit and speculation created stock market and property bubbles that had devastating effects when they eventually ended. People living in the cities and areas of industry benefited most from the increased prosperity although there were arguments to the contrary. Those living in rural areas did not benefit to the same extent, and this was made worse by widespread drought. This encouraged population movement from rural areas to cities, a trend which has continued down to the present day. In 1926 alone the Department of Agriculture calculated that the nett ... Get more on HelpWriting.net ...
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  • 76. Essay on Uop Qnt 561 Business Research Methods Business Research Methods Abbott Laboratories is faced with the dilemma of an expiring drug patent and is seeking an additional indication from the Food and Drug Administration (FDA) for its cholesterol drug Niaspan. In order to receive an indication from the FDA, a drug company must present two successful studies with the intended outcome. Niaspan has the FDA indication to raise HDL–C, reduce secondary non–fatal myocardial infarction, and regression of atherosclerosis in combination with a bile acid resin. In a recent study (cite) patients taking Niaspan demonstrated regression of atherosclerosis in combination with statin, a popular cholesterol treatment agent. Abbott is now looking to replicate the study in order to receive an ... Show more content on Helpwriting.net ... | | Do you have type–2 diabetes? | Yes/No | ... Get more on HelpWriting.net ...
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  • 78. Business Research Methods, Part. 1 Essay Business Research Methods, Part I Mary Chang, Stephanee Dorsey, Lori Holden, Christopher Howarth, Lynn Le, Eric Witthohn QNT/HC 561 September 24, 2012 William Buck Business Research Methods As baby boomers age and the need for health care continues to grow, the nursing shortage in health care facilities seem to increase, as well. Many believe that "a shortage of registered nurses is projected to spread across the country between 2009 and 2030" (AJMQ, 2012). Dr. Peter Buerhaus wrote in Health Affairs that the United States nursing shortage is projected to grow to 260,000 registered nurses by 2025 (2009). Researchers must develop a solid research question, construct a research design, and identify a sample design to ... Show more content on Helpwriting.net ... The research will be ex post facto or experimental. The research will be cross sectional because of time constraints. The study will be a statistical study of proportions. A case study could be used, if time allows. We will treat this study as a lab assignment although simulations and field work is a possibility. If communication is used care should be taken to optimize participant awareness (Cooper & Schindler, 2008, p. 141–145). Some questions to take into consideration would be what the reasons for high turn–over rates are for nurses. Does education play a part? Do work conditions come into consideration? Does pay and benefits play a part? Do personal matters play a role in turnover? The study probably will be descriptive or causal although exploratory work may need some consideration. Sample Design In an effort to obtain the data for our research it is important to sample from group that will best represent our population. There are four basic questions that need to be answered in sample design. The first is the subject of our research, or target population. The next question is the parameters of our interest, which is high turn–over rate. The third question is the sampling frame. Because the subjects of our study are acute nurses, we should use the membership directory from the American Nurses ... Get more on HelpWriting.net ...
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  • 80. A Comparison of Methods in Business Research A Comparison of Methods in Business Research By Song Gao This essay compares the research method of case study with five other methods in business research. The five methods are focus group, in–depth interview, observation, questionnaires and field experiment. This essay provides the definition, advantages, disadvantages/limitations for each of the six methods. Moreover, five published articles related to case study method and two published articles related to each of the other five methods were found to further discuss their application in research. Case Study Definition It is an understatement that there is confusion among students, teachers and researchers about the definition of case study research. In this essay, I use the ... Show more content on Helpwriting.net ... The authors collected data from a major business communication provider, a networking infrastructure solutions provider, and a GPS technology. The topic of this article is very professional and difficult to understand for the audience who have no relevant background. But one advantage to their case study is it helps audience to better understand a complex organisational phenomenon. The authors also illustrated the limitations of their study. Article 4 – DANAHER, P. J. (2013). Comparing the Relative Effectiveness of Advertising Channels: A Case Study of a Multimedia Blitz Campaign. Journal of Marketing Research (JMR)., 50(4), 517–534. 18p. 1 Black and White Photograph. In this research, the authors developed an inexpensive method to help firms assess the relative effectiveness of multiple advertising media. Specifically, they used a firm's loyalty program database(Case Study) to capture media exposure, through an online media survey. At the end, not only did the authors demonstrate how to use their advertising response model to determine the optimal budget allocation across each advertising media channel, but also they pointed out the limitations of their studies. Article 5 – Fahimnia, B., Farahani, R. Z., & Sarkis, J. (2013). Integrated aggregate supply chain planning using memetic algorithm – A performance analysis case study. International Journal of Production Research, 51(18), 5354–5373. ... Get more on HelpWriting.net ...
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  • 82. Market Research Methods For Business Market research methods in business Primary research is data that is gathered first hand from an original source, and has not been collected before. It often involves going out and asking people for information, hence its alternative name field research. Observational research involves watching and observing people's activities. For example, businesses use cookies on their websites in order to track what pages users are visiting on their website. By using cookies, businesses will be able to know what pages are most popular among users on their website. Information collected through cookies can also help businesses improve marketing and their website. Experimental research is when an investigation or test is conducted in order to discover new opportunities which can help to maximise revenues for a business. This could be done by aiming their product at a different demographic e.g. elderly people and modifying (or experimenting with) their product to make it more appealing to that demographic. Surveys involve asking people questions in order to collect information about what people think about something. This can be done face to face, by telephone, by post and online too. E–marketing research involves using the internet to contact and interact with consumers about a businesses' product(s). Examples of e–marketing include online surveys and cookies (as mentioned before). A focus group is a research method in which a small group of people are asked to give their opinions and ... Get more on HelpWriting.net ...
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  • 84. Why Different Communication Methods Are Used In The... 1.1) Explain why different communication methods are used in the business environment. There are loads of ways to communicate in the business world, without communication in a business there could be many problems which could eventually lead to the business being unsuccessful and closing down. Some examples of communicating in the business are: face to face, phone calls, writing (sending a letter), emails and even conference calls. These different ways of communicating in a business are used where it suits the situation, time and purpose. one of the main ways to communicate in a business is by telephone, this is important for many reasons whether your communicating externally or internally in the business. Telephones in a business are used by all employees it ranges from the receptionist all the way to the director of the business. An example of using the telephone internally in a business environment is where a receptionist calls up her superiors to inform them that a client has arrived or to remind them of any meetings. An example of using the telephone externally in a business environment where a company calls up their suppliers either to place an order or to track and order. Example of a telephone call in an estate agency A homeowner is calling up an estate agency because he/she wants to sell or put the property on rent so they enquire about the market rate for their property and or management costs for them giving the property to put on rent, the worker at the estate ... Get more on HelpWriting.net ...