Introduction to Statistics Learning objectives Importance of Statistics in modern business environment 1.2 Definition of Statistics 1.3 Scope and Applications of Statistics 1.4 Characteristics of Statistics 1.5 Functions of Statistics 1.6 Limitations of Statistics 1.7 Statistical Softwares 1.8 Summary 1.9 Terminal Questions 1.10 Answers to SAQs and TQs Answers to Self Assessment Questions Answers to Terminal Questions 1.11 References 1.1 Introduction Welcome to the unit on Statistics
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LIMITATIONS OF RATIO ANALYSIS The debt-equity ratio gives an indication of an enterprise’s ability to sustain losses without jeopardizing the interests of creditors. This ratio is based only on information provided in the balance sheet. Although stockholders’ equity serves as a buffer to protect the creditors’ interests‚ it should be kept in mind that the earning prospects of the enterprise are also relevant in judging a firm’s ability to survive the long run. Although the use of ratios can prove
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Limitations and Constrains Of Marketing Sale Of Good Act in 1979- The sale of good act is for retailers‚ and sellers. It is a set of rules in which they must abide by‚ when you buy goods from people it means you have entered a contract‚ from the seller of the items you bought. The act means that the products you sale must be satisfactory and fit for the purpose. By satisfactory it means it should be in the right condition and by fit for purpose they mean it must be for everyday use and not be in
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1‚ new media technologies may have little impact on politics‚ even change politics for the worse. It has little effect on civic engagement. New media technologies increased political knowledge among citizens already interested in politics‚ for users who are not‚ public sphere online is meaningless. Social media activists are more democratic‚ more knowledgeable about current political events and also somewhat more understanding of anti-government sentiment. As the new media technologies provide a
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IntroductionThe TARES test is useful in evaluating whether the advertisements are part of an ethical way of advertising. While the TARES test will not solve all ethical problems in creating ads‚ it does give creative people‚ marketing directors and strategic communication planners a tool. The -T- stands for truthfulness which evaluates whether an ad is honest or not‚ and whether it is used to deceive the audience. The -A- stands for Authenticity which states the question "Does this ad motivate the
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Ajou University Address: Yulgok Hall No. 305‚ Ajou University‚ 206‚ World cup-ro‚ Yeongtong-gu‚ Suwon-si‚Gyeonggi-do Website: www.ajou.ac.kr/english‚ Ⅰ. Academic Programs 1. (General) Graduate School Division Department Field of Study College of Information Technology College of Natural Sciences School of Business School of Humanities Doctoral Mechanical Engineering Chemical Engineering Chemical Engineering Environmental Engineering Environmental
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Management controls‚ their limitations‚ and the nature of social constraint: the implications for corporate governance practice Draft (M.Phil/Ph.D) research proposal by Peter Carroll University of Greenwich‚ Business School Paper presented at the Management Control Association workshop at The Institute of Chartered Accountants in England & Wales‚ Friday 27th February 2009 Draft research proposal (approval by University’s research committee to be obtained) Please do not quote without permission
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Benefits and Limitations of Organizational Development Benefits of OD •Change throughout the organization •Greater Motivation •Higher Job Satisfaction •Reduced absences •Increased Productivity •Lower turnover •Better quality of work •Improved teamwork •Better resolution of conflict •Commitment to Objectives •Increased willingness to change •Creation of learning individuals and groups Job satisfaction is the extent to which a person is gratified or fulfilled by his or her work. A satisfied
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Limitations of Data Mining Data mining is one of the more efficient tools when it comes to looking for specific characteristics over large amounts of data. It is as simple as typing in certain keywords and the words being highlighted in certain articles and other data. Data mining however‚ is not nearly a perfect process. It has certain limitations and capabilities that can vary by situation. The article N.Y. bomb plot highlights limitations of data mining‚ brought up a few very good points
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As the result of the ratio analysis. There are 5 limitations of ratio analysis as well. The first limitation of the ratio analysis is Comparing the ratios between two organizations/firms is a smooth path to do it. This is because‚ different organization/firms might have face unequal figures of earnings‚ losses. In addition‚ fact is the two difference organizations/firms might have different economic environment or production technologies even though they produce the same range of the product. For
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