Sonia’s smoothies 1) Nick calculated that of 200 customers who completed the questionnaire at the rock festival‚ the mean age was 23. The age distribution conformed to a curve of normal distribution with a standard deviation of 5. Calculate the number of customers aged 33 and over who featured in Sonia’s survey (33-23)÷5 = 2 2% of 200= 4 Answer= 4 2) With reference to the report on the UK smoothie market (appendix 2) analyse two limitations of using secondary sources as the
Premium Decision making Decision theory Decision engineering
ssPorter’s 5 forces analysis for Arcelor Mittal 1. Competitive rivalry: Industry rivalry is high: Arcelor Mittal is still ranked no. 1 in the world top steelmakers (World SteelAssociation‚ 2013) with a reported 96.1 tonesof crude steel in 2013‚ higher than 93.6 tones in 2012. In 2014 Arcelo Mittal produced around 119 tones crude steel‚ it is present in 22 countries‚ all over the world. Ranked no.2 is Nippon Steel & Sumimoto Metal Corporation‚ with 50.1 tones crude steel in 2013. However‚ many companies
Premium Iron ore Steel Iron
EXHIBIT 1 Porter’s 5 Forces: Computer Industry Threat of New Entrants: Medium With the standardization of most of the computer components‚ it becomes easy for customers to change their laptops. This leads to a moderate customer switching cost. The availability of direct-to-customer service and retailers‚ it becomes easy for customers to find their desired product as well as for companies to provide their products in less time and with reduced cost. If any new player wants to enter into the market
Premium Personal computer Switching barriers Computer
Assignment1: Advantages and Limitations of Porter’s Five-Force Model Chaitanya K Mandyam American Public University System Michael Porter observed and explained the different levels of profitability across firms and industries by his “Porter’s Five - Forces”. The main factors that affect the difference are: 1. Threat of Substitutes‚ 2. Buyer Power‚ 3. Supplier Power‚ 4. Barriers to Entry/Threat of Entry and 5. Rivalry. He analyzed the importance of all these
Premium Strategic management Strategic planning Barriers to entry
Democracy and the right to serve as a juror are a great privilege and responsibility which is not to be taken lightly‚ as see n in Twelve Angry Men. How does Rose use the play to reflect these themes? In Reginald Rose Twelve Angry Men‚ Rose uses the play to reflect the duty and responsibility of a juror. Rose uses the characters to reflect different themes of the play. As a democratic country‚ jurors have a great privilege and responsibility and it shouldn’t be taken lightly as some juror’s
Free Jury Not proven
Reflection on 12 Angry Men When the scene is introduced‚ the twelve men are discussing how to sentence someone who may have committed murder in the first degree. However‚ we quickly realize that all of the men have different things going through their mind and even more complicated ways of expressing them. Jack Warden is a baseball enthusiast who has no regard for other people’s opinions or Henry Fonda asking the jurors to discuss what occurred. He lacks emotional self-perception which can be
Premium Jury Not proven Verdict
12 Angry Men The American jury system‚ wherein citizens are judged by their peers‚ is one of the most democratic in the world. Nonetheless our system is far from perfect. There are many dangers in a system in which humans are asked to make decisions that could mean life or death for another person. Bias ranks amongst these dangers for it can affect the way jurors interpret testimonies and facts. Indifference is another factor; it too‚ can heavily affect a juror’s thinking. Personal feelings and
Premium Jury Decision making
Porter five forces analysis From Wikipedia‚ the free encyclopedia A graphical representation of Porter’s Five Forces Porter five forces analysis is a framework for industry analysis and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the
Premium Strategic management Porter five forces analysis Management
“12 Angry Men” The movie “12 Angry Men” takes place in a room within a courthouse where 12 men that have been selected for jury duty must decide the fate of a murder suspect. The group of men is made up of a diverse ethnic and social background which plays an important part in their decisions throughout the movie. In regards to Tuckman’s stages‚ the group introduce themselves to each other while acknowledging their purpose as jurors. After a lengthy trial they are finally able to talk openly
Premium Jury Verdict Decision making
My dad‚ Jimmy Butler‚ Eric Berry‚ and Bo Jackson. My dad influences me because he is the most hardworking human being I know‚ and he would do anything for me. Jimmy Butler influences me because he has one of the most inspirational stories I have ever heard. Jimmy Butler was kicked out of his house in high school by his own mom and had to live on the streets. Luckily a family took him in during his senior year. Jimmy butler only got one college offer‚ and that college
Premium Game High school Basketball