Quantitative Analysis Task 5 Competency 309.3.3: Expected Value Decision Analysis Task A. Expected Value for each decision Develop New Product Decision Brach 1 – Develop Thoroughly EV if Market reaction is good= $500.000(0‚ 4)= $200.000 EV if Market reaction is moderate= $25.000(0‚ 4)= $10.00 EV if Market reaction is poor= $1.000(0‚2)=$200 Total EMV=$200.000+$10.000+200= $210.20 Decision Brach 2 – Develop Rapidly EV if Market reaction is good= $500.000(0‚ 1)= $50
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Filcris’ management is look like the open system with the reasons are as follows: • The most products of Filcris come from recycled plastic such as recycled plastic sheets‚ recycled plastic wood boards‚ recycled plastic posts‚ and recycled plastic heavy duty profiles‚ etc. these products is fed input factors by external factors: materials as recycled plastic and electrical power for the plant. This means that Filcris’ management match the features of the open system that is “management system is
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opportunity by maintaining its theory of the business and incorporating innovation as a core value through entrepreneurial management of resources resulting in new strategy. David Neeleman’s vision is to create a new kind of airline; one that would leverage technology for safety‚ efficiency and a commitment to their customers. Neeleman was convinced that his commitment to innovation in management‚ policies‚ and technology would keep the planes full and moving. JetBlue’s goal is to give customers exactly what
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Only measurable data are being gathered and analyzed in quantitative research. Qualitative research focuses on gathering of mainly verbal data rather than measurements. Gathered information is then analyzed in an interpretative manner‚ subjective‚ impressionistic or even diagnostic. Here’s a more detailed point-by-point comparison between the two types of research: 1. Goal or Aim of the Research The primary aim of a Qualitative Research is to provide a complete‚ detailed description of
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Case Study Analysis This handout provides you with information about how to analyze a case study and write up your analysis in a professional report‚ letter‚ or memo format. Analyzing a Case Study What is a Case Study? A case study is a narrative used to help students practice real-life analysis and communication skills. It is a learning tool. It provides readers with “enough detail…to understand the nature and scope of the problem‚ and…serve as a springboard for discussion and learning” (O’Rourke
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about their choice of soft drink they used to buy. Their answer s(my data set) are given below. Dataset 01: mojo mojo mojo mojo rc coke rc rc sprite coke mojo rc rc lemu lemu sprite lemu mojo sprite 7up ice Qualitative data analysis: from this data set we get to know the name and the number of the brands they choose and 2o people’s frequency of choosing among these brands. class Frequency Relative frequency Percent frequency Mojo 6 .30
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Topic: Quantitative Research When conducting political science research‚ the researcher has to follow a particular series of step. The particular sequence is dependent on the type of social research‚ whether Quantitative or Qualitative. According to Burns and Grove (1997)‚ Quantitative research is a formal‚ objective‚ systematic process in which numerical data are utilised to obtain information about the world. It can also be defined as a research process involving the collection‚ analysis and interpretation
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Quantitative Research 1. Introduction Before directly going to the quantitative type of research‚ let’s say a few points about the terminology research. Many scholars have defined research differently. For example‚ as cited by Singh (2006)‚ Rusk has defined it as Research is a point of view‚ an attitude of inquiry or a frame of mind. It asks questions which have hitherto not been asked‚ and it seeks to answer them by following a definite procedure. It is not a mere theoritizing
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Quantitative research From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search | This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (May 2009) | | This article needs attention from an expert in Sociology. Please add a reason or a talk parameter to this template to explain the issue with the article. WikiProject Sociology or the Sociology Portal may
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conducting two management meetings per day just to check the progress of his employee’s work. This approach of John Burgess allowed him to closely monitor‚ correct and motivate his employees. Organizational Structure The company has a well-defined organizational structure with no key roles overlapping each other. Burgess is the CEO and different departments are under him. The business coordinators department‚ the sales and marketing department‚ survey services department‚ management services department
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