A population of measurements is approximately normally distributed with mean of 25 and a variance of 9. Find the probability that a measurement selected at random will be between 19 and 31. Solution: The values 19 and 31 must be transformed into the corresponding z values and then the area between the two z values found. Using the transformation formula from X to z (where µ = 25 and σ √9 = 3)‚ we have z19 = (19 – 25) / 3 = -2 and z31 = (31 - 25) / 3 = +2 From the area between z =±2 is 2(0
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used for the business. C corporations pay taxes on profits when corporate income is distributed to owners (shareholders) in the form of dividends. This is the first taxation. The shareholders who receive dividends must also pay taxes for this distribution on their personal returns. This is the second taxation of the same money. The corporation itself does not pay taxes twice‚ but just the sound of “double taxation” can make potential business owners cringe. However‚ there is an out. Choose the
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Forced Distribution Method Forced distribution is a form of comparative evaluation in which an evaluator rates subordinates according to a specified distribution. Unlike ranking methods‚ forced distribution is frequently applied to several rather than only one component of job performance. Use of the forced distribution method is demonstrated by a manager who is told that he or she must rate subordinates according to the following distribution: 10 percent low; 20 percent below average; 40 percent
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Should India be broken up into smaller states? After the decision to give statehood to Telangana‚ many analysts want a new States Reorganization Commission. India today has 28 states. Assuming 20% population growth since the last census‚ Uttar Pradesh has 198 million people‚ more than Brazil‚ Russia or Pakistan. Maharashtra has 106 million‚ West Bengal 96 million and Andhra Pradesh 90 million. All are much bigger than France or Britain. At the other end of the scale‚ Sikkim has just 0.6 million
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6 main disadvantages of decentralisation (1) The success of decentralization will depend upon the quality of personnel manning the decentralized units. In those cases where the training‚ experience‚ education etc of the employees are inadequate‚ decentralisation of authority and of decision making would be harmful for the enterprise. There will be wrong decisions‚ confusion‚ contradictions etc. (2) Decentralisation becomes uneconomic and unwieldy unless the organisation is large and strong enough
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number of enterprises pay much more attention on choosing distribution channels. Keegan and Schlegelmich (2001) explained that distribution channel can be considered as the method which is used for enterprises putting products into the market for consumers to use. The traditional distribution channel goes from supplier‚ manufacturer‚ distributor‚ wholesaler and retailer (Frazier‚ 1999). Indirect and direct are two different types of distribution channels (Wilkinson‚ 2001). According to Silva (2008)‚
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International Distribution Strategies Name: Institution: Date: Table of Contents 1.0 Introduction .................................................................................................................. 5 2.0 International distribution channels ................................................................................. 7 2.1 what is an international distribution channel of consumer goods? ............................... 8 2.2 The design
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Chapter 6 Channels of distribution and logistics LEARNING OBJECTIVES By the end of this chapter you will: n n n n comprehend key elements and decisions in distribution channel design be able to evaluate different configurations of channel structure be familiar with recent trends and developments in channels of distribution appreciate the importance of managing the physical flows of products‚ services and information into‚ through‚ and out of the organization to its customers n grasp the
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Distribution Channels of Philips Domestic Appliances and Personal Care Products in Chinese Economic Transition -- A Case Study Don Y. Leea ‚ Gangling Chaob and Weiling Yec aHong Kong Polytechnic University‚ Hong Kong b‚cShanghai University of Finance and Economic‚ China Address for Correspondence: Don Y. Lee PhD Associate Professor of Marketing Department of Business Studie Hong Kong Polytechnic University Hung Hom‚ Kowloon Hong Kong Special Administrative Region China Telephone: 852-2766-7119 Facsimile:
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CHAPTER 1: THE THEORETICAL FRAMEWORK OF DISTRIBUTION SYSTEM AND DISTRIBUTION CHANNEL MANAGEMENT 1.1 Overview about distribution and distribution channel 1.2.1 Concept‚ roles and purpose of distribution 1.2.2.1 Distribution Distribution is the process of making a product or service available in the right quantities and locations when customers want them‚ using direct means‚ or using indirect means with intermediaries. (Willam D. Perreault) It’s a movement of goods and
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