Quantitative Methods • Dance with Chance • Black Swan 4 QUANTITATIVE METHODS CASE MAPPING Chapter Basic Concepts of Scales & Measurements Detailed Syllabus Nominal‚ ordinal‚ interval and ratio scales. Review of central tendencies and dispersion Session Key Concepts 1 Scales Case Study College Canteen’s Decreasing Beverages’ Sales: Analysis Dilemmas Abstract Meant for ‘Scales of Measurement’‚ this case study presents Raghu’s • analysis dilemma‚ the owner-manager of Matrix canteen‚ which sells
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1. Different definition of Entrepreneur a.) Entrepreneur is a loanword from French and was first defined by the Irish-French economist Richard Cantillon as the person who pays a certain price for a product to resell it at an uncertain price‚ thereby making decisions about obtaining and using the resources while consequently admitting the risk of enterprise. b.) An Entrepreneur is an economic agent who unites all means of production. Land of one‚ the labour of another and the capital
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main groups? a) b) c) d) Two Three Four Five Answer: (Topic 3; page 112) c 1.2 A bank fulfills the function of being an intermediary between: a) b) c) d) Consumers and producers. Consumers and suppliers. Savers and borrowers. Capitalists and entrepreneurs. Answer: (Topic 2; page 60) c 1.3 Capital is the concept which economists use to describe and to quantify: a) b) c) d) The amount of cash which shareholders invest a newly formed company. Factories‚ office blocks and equipment used in the manufacturing
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Resistance Resisting slavery -rebel -run away -daily acts of resistance Early Revolts Nat turner Revolt-1831 -Nat Turner‚ a slave who was a Baptist preacher -God telling him to lead an uprising of slaves -Turner and 6 others went to the Travis Plantation Turner’s current master and killed the entire family of 5‚ -55 white Southerners‚ 55 slaves‚ 200 African Americans in the days after b -Turner was hung‚ his body mutilated and divided up amongst the crowd watching the hanging. Gabriel
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TO BE AN ENTREPRENEUR The top 15 qualities needed to be an entrepreneur and the top 10 qualities needed to be a manager is listed as follows. This is a summary of the results yielded by the most popular search engine‚ Google. Not surprisingly most of the qualities needed for an entrepreneur and for a manager matched. This fundamentally shows that in a way‚ the manager of today needs to be an entrepreneur. It is evident that the degree or extent to which an entrepreneur needs the
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Challenges for social entrepreneurs The field of social entrepreneurship is growing rapidly and attracting increased attention from many sectors. The term itself shows up frequently in the media‚ is referenced by public officials‚ has become common on university campuses. One of the most important reasons behind the popularity of social entrepreneurship is the inherently appealing stories about entrepreneurs and how they confront challenges. Finding the funding‚ building strong infrastructure
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Role of the Entrepreneur in Setting Up a Business By Osmond Vitez‚ eHow Contributor * * * * Print this article Entrepreneurs are the individuals who start new businesses in the economic marketplace. These individuals may start businesses for a variety of reasons‚ including working for their own self-interest‚ making more money‚ improving their local community or enhancing their quality of life. While entrepreneurs may face a number of issues when starting a business‚ they usually
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through the creation or acquisition of a company. An entrepreneur is thus a person who is engaged in an effort to transform his knowledge‚ ideas and innovations concepts in economic goods. This may lead to new organizations or perhaps to the revitalization of certain branch of an existing organization in response to a perceived opportunity. 5 Qualities of a Good Entrepreneur 13tweetsretweet Do you have what it takes to be a good entrepreneur? Is it something that you could learn or rather something
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In 1837 Charles Lewis Tiffany and John F. Young opened Tiffany & Young‚ with $1‚000 in backing from Tiffany’s father. This store was located on Broadway and was opposite of Manhattan’s City Hall Park. The first store sold stationery and a variety of "fancy goods‚" including costume jewelry. Unlike other stores of the time‚ Tiffany featured plainly marked prices that were strictly enforced to‚ sparing the customer the usual practice of haggling with the owner or sales man. Tiffany also departed from
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Essay 4 The confessions of Nat Turner‚ the leader of the late insurrection in Southampton Virginia‚ as fully and voluntarily made to Thomas R. Gray‚ in the prison where he was continued‚ and acknowledged by him to be such when read before the Court of Southampton; with the certificate‚ under seal‚ of the Court convened at Jerusalem‚ November 5‚ 1831 for this trial. Also‚ an authentic account of the whole insurrection‚ with lists of the writes who were murdered‚ and of the Negroes bought before the
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