(Master of Business Administration) Subject- Business Statistics Q1. What do you mean by sample survey? What are the different sampling methods? Briefly describe them. Ans. Sample is a finite subset of a population drawn from it to estimate the characteristic of the population. Sampling is a tool which enables us to draw conclusions about characteristics of the population. Survey Sampling describes the process of selecting a sample of elements from a target population in order to conduct
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Mt Cook/Aoraki formation Vinoth Loganathan New Zealand is a country which ‘straddles’ between two tectonic plates; the indo-Australian and the Pacific. The location of the South Island is south of both Australia and South Africa; this is a major contributor to the geological process of weathering because it makes Mt. Cook subject to the westerly winds. MT Cook is situated in the Southern Alps between the two tectonic
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various companies‚ schools‚ institutes on demand. The price for these sales varies according to number of pieces required. The shop has all their customer details recorded for further use and sends them offer letters in case a sale is decided by the management. They also prefer taking feedback from the customer about the salesman who served them‚ ambience of the shop‚ variety of goods‚ etc. for improving themselves. The shop has all details of their employee recorded (including their designation and
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ssignment Student Name: Please answer the following questions. Submit as a Microsoft Word® document to the Dropbox when completed. 1. Determine whether each of the following is primarily a microeconomic or a macroeconomic issue: i. Setting the price for a cup of coffee. Answer: Microeconomic ii. Measuring the impact of tax policies on total household spending in the economy Answer : Macroeconomics
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P3 P3 - Describe how two businesses are organised. Sainsbury’s The purpose of Sainsbury’s is to serve its customers. The primary objective of any business is make money and invest. If it doesn’t do that it can’t exist. Sainsbury’s is a major retailer in grocery and general retailing. As Sainsbury is a profit-based business‚ its maximises their sales and profit‚ expanding to maintain its competitiveness in addition to outshining competitor. Sainsbury’s focus on shareholders with progressive
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Process Handling in Linux POS 420 October 11‚ 2005 In Linux processes communicate with each other and with the kernel to coordinate their activities. Linux supports a number of Inter-Process Communication (IPC) mechanisms. Signals and pipes are two of them but Linux also supports the System V IPC mechanisms named after the Unix TM release in which they first appeared. Signals are one of the oldest inter-process communication methods used by Unix TM systems. The common Linux shells all allow
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owners (now called shareholders) are no longer personally liable for the business debts. This is called limited liability. This means that if the company went out of business and left debts then the shareholders would only lose the money they put into the company. The company would go into liquidation. 2. Provide a better image to the customers who presume the business is more secure. Benefits for the owners The business can still stay small – many ltd businesses only have three or four shareholders
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In today’s business world following a code of conduct‚ making ethical business decisions‚ and being socially responsible are three key factors each company must follow to maintain successful. These three factors are just as important as creating a steady profit‚ establishing business relationships‚ and staying loyal and active with a company’s stakeholders. The perception of a community towards a business can be extremely detrimental to the progress and well
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Organisational Change WOOLWORTHS Description of the business Woolworths Holdings Limited is one of South Africa’s chain of retail stores and one of the largest in the country. Woolworths is also a business which serves as an intermediary between the wholesalers and consumers. Its’ goal is to render a sufficient and effective service to the broader public in order for their needs to be met and satisfied. Woolworths’ mission is to be committed retailers‚ understand and lead their customers through
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eviction scenario by regarding the struggle of the tenants and the landlords. He shows the situations and backgrounds of each side involved and the consequences they experience during and after the eviction process. In the chapter Christmas in Room 400‚ Dasmond delves into the court process of eviction cases and the unfortunate statistics attributed the people dealing with these cases. Sherrena has eviction cases to deal with right before Christmas and Dasmond accounts her experience with various
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