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
Premium Cellular differentiation Hotel chains
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?
Premium Standard deviation Arithmetic mean Statistics
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
Free Employment Customer service Customer
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
Premium Terrorism
Advantages of the use of the scientific method in psychology There are a number of advantages to using scientific methods in psychology. Firstly an important aspect of imperial data is that it is objective‚ i.e. not affected by expectations of the research. So‚ without objectivity we have no way of being certain that data collected is valid. An example of this is seen with Gardner & Gardner. When they observed Washoe they might have judged that Washoe was using real words because they wanted
Premium Scientific method Research Experiment
Basic Methods of Research A. Two fundamental Questions: (Guide what we do in developmental psychology): 1. How do people change as they develop? 2. What are the determinants of these changes? B. Goals of developmental psychology: 1. Understand universal changes 2. Explain individual differences 3. Search for contextual influences C. Research in Developmental Psychology: 1. Waterbeds for infants: • Premature infants: standard beds vs. water beds • Infants in waterbeds had far
Free Psychology Scientific method Sociology
Research Methods • Definition of Research Research is an ORGANIZED and SYSTEMATIC way of FINDING ANSWERS to QUESTIONS. SYSTEMATIC because there is a definite set of procedures and steps which you will follow. There are certain things in the research process which are always done in order to get the most accurate results. Definition ORGANIZED in that there is a structure or method in going about doing research. It is a planned procedure‚ not a spontaneous one. It is focused and limited to a
Premium Scientific method Research Science
the discussion-based class performed better than those in the lecture-based class. In this example the time that the class is taught could be considered a(n) _________ variable‚ making it impossible to establish a causal connection between teaching method and classroom performance. a) independent b) dependent * c) extraneous d) mediating 7) Several recent studies have found that moderate drinkers of
Premium Scientific method Research Experiment
Research Methods Experimental research is a type of research that is used in behavioral health. Participants are randomly assigned to one of two (or more) conditions. The fact that participates are randomly chosen gives the researcher a better knowledge of the differences that occur when between the groups after exposure to the conditions and can be inferred to be a result of the effects of the conditions (Straub‚ 2012). The actual description to experimental research is commonly used in sciences
Premium Research Scientific method Causality
Understanding the Research Process Resources: Ch. 1‚ 2‚ and & 7 of Psychology This required Portfolio assignment will provide you with the opportunity to practice and hone your research skills. It has been designed to help you think scientifically about real world problems and issues and to apply your knowledge of the research process to various topics in Psychology. This assignment accomplishes that goal by challenging you to: Differentiate between the common use of the word research and the
Premium Scientific method Bronze medal Gold medal