1. What is the problem statement in the following situation? Employee Loyalty Companies benefit through employee loyalty. Crude downsizing in organizations during the recession crushed the loyalty of millions. The economic benefits of loyalty embrace lower recruitment and training costs‚ higher productivity of workers‚ customer satisfaction‚ and boost the morale of fresh recruits. In order that these benefits may not be lost‚ some companies‚ while downsizing‚ try various gimmicks. Flex leave
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1. Assume the room rate for a 3-star hotel in Paris follows a normal distribution with a mean of 175€ and a standard deviation of 16€. What is the probability that a randomly selected 3-star hotel has a room rate of Z(X) = (x-μ)/σ σ=16 μ=175 a) Less than 195 Euros? Z (195) = (195-175)/16 = 1‚ 25 so 89‚ 4% b) More than 180 Euros? Z (180) = (180-175)/16 = 0‚ 31 so 62‚ 2% c) Exactly 170 Euros? Z (170) = (170-175)/16 = - 0‚ 31 so 37‚ 8% d) Between 150 and 182 Euros?
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Q4 How can Grey WW-HK/ China redefine client value using CRM; what differentiation technique should it employ? In our opinion‚ Grey should not rely on Grey Worldwide’s brand equity to make sales and retain existing customers. It’s because the ability to rely on traditional forms of differentiation for competitive advantage. It can use embedded client information and technology to redefine a firm’s value proposition to its clients in: First‚ using client information. Second‚ profiling customers
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Homeland Security: Response and Recovery By: Brian Borenstein Introduction of the study Terrorism refers to an organized and systematic use of terror aiming to produce coercion or terror that is influenced by organized groups against civilians‚ and institutions. In connection with the background statements of this paper‚ the study shows that terrorism is an extreme undesirable event for the reason that the main objective of the activity will be to produce injury and damage
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light on the research problem of this paper‚ three research questions were formulated: 1) Which weaknesses regarding usability does the PS Recruitingportal 2.0 show from the user’s point of view? 2) How does the current usability of the PS Recruitingportal 2.0 impact the users’ willingness to work with it? 3) What other factors do users perceive have an impact on their willingness to work with the PS Recruitingportal 2.0? As it was found that neither a qualitative nor a quantitative research is adequate
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effective and efficient it is not sufficient alone. Paradigm D uses the concept of price led costing and focuses on the issue of continuous improvement but it does not take into consideration the actual costs which should be determined by using the ABC method because it is more precise. This is where the notion of Paradigm C comes in. Using these two Paradigms in conjunction with each other gives real meaning to ABC ’s role of forcing consideration of alternative cost structures. To more effectively
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Psychology Research Methods • The general investigative purpose of a psychology study (why the researcher has decided to conduct an investigation) is called its aim. • A hypothesis is a precise and testable statement of what the researcher predicts will be the outcome of the study. In an experiment this is called the experimental hypothesis. • In a correlational study the hypothesis is called a research hypothesis‚ and it will predict a relationship between two variables. • A research
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1.1 Explain the legislative framework for health‚ safety and risk management in the work setting. 1.2 Analyse how policies‚ procedures and practices in own setting meet health‚ safety and risk management requirements. 2.1 Demonstrate compliance with health‚ safety and risk management procedures 2.2 Support others to comply with legislative and organisational health‚ safety and risk management policies‚ procedures and practices relevant to their work. 2.3 Explain the actions to take when health‚
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Samuel Huntington’s writing holds a stronger position than does Louis Menand. Huntington is pointing out facts in his article‚ while Menand is less fact based and seems to merely indicate Huntington is wrong because Menand thinks so. Pointing to key aspects of Huntington’s argument and how Menand ‘refutes’ them will show that his opinion is less factual. Where as Menand uses his interpretation of what Huntington basis his writings on to form his conclusions. In Huntington’s article‚ One Nation
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correlation’s between Kaplan and Norton’s “Mastering the Management System” and Porters “Five Competitive Forces that Shape Strategy” are significant. Managers need to have a complete understanding of their company’s surroundings in order to change their strategy. These two articles combined could be considered a 2-step process in itself. Step one‚ analyzing the environment of an industry utilizing Porters Five Forces model and step two‚ following the five stages laid out by Kaplan and Norton. Taking
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