their respective prices‚ changing technology‚ wage rates‚ labour training and capital acquisition programmes. Forecasting does play a key role in managerial decisions and hence forecasting is emphasized in the study of managerial economics. The objective of business forecasting is to minimize risk and the margin of uncertainty in business. Techniques of Demand Forecasting Many techniques are available that can be used in forecasting economic variables. Some forecasting techniques are quantitative
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Professional retailing in unorganized Indian jewelry industry • Retain sales of Rs.8000 crores in 2012 The Project Management Objective • To analyze jewelry buying potential of people in Udupi Management Dilemma • Feasibility of opening a jewelry showroom in Udupi Management Objective • To find out business potential for a Tanishq store in Udupi The Research Objectives To analyse the market demographics and segmentation for Udupi area To obtain and analyse consumer preferences for jewellery in
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and Objectives: Goals and Objectives Goals and objectives are statements that describe what your Vision Document will accomplish‚ or the results that will be achieve. Goals are high level statements that provide overall context for what the Vision Document is trying to achieve‚ and should align to its components. Objectives are lower level statements that describe the specific‚ tangible products‚ deliverables and fruits that will be delivered. The definition of goals and objectives is more
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SMART OBJECTIVES Goal setting is something most of us recognize as necessary for our success. The establishment of all objectives should be created using the S.M.A.R.T. philosophy. What is meant by S.M.A.R.T. objective? S.M.A.R.T. is an acronym that is used to guide the development of measurable goals. Each objective should be: Specific‚ Measurable‚ Achievable‚ Realistic and Timely SPECIFIC It answers the questions "What is to be done?" "How will you know it is done?" and describes
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CHAPTER 3 DESIGN AND PROCEDURE Research Design The study entitled “The level of Knowledge of Cigarette Smoker tricycle drivers of STOD (Pembo-Blueboz route) on sintax law and its relation to their Attitude towards Smoking” will use a quantitative approach. In which‚ according to Hammersley (1992)‚ quantitative approach is taken when people are trying to analyze information‚ collect survey data and perform analyses and many other functions and since the researchers will use survey questionnaires
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3.4 Sample Size Researchers identify the sample size of the EPIC operation employees by using Senkara‚ U. and Bougie‚ R. (2013) sample size of target population table. A sample size of 120 respondents was generated from operation employees by using non probability sampling technique in which units of the sample are selected on the basis of the convenience sampling. Using this sampling technique was to ensure every unit in population had equal chance to be selected as the sample of study
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Social Sciences define Research as “the manipulation of things‚ concepts or symbols for the purpose of generalizing to extend‚ correct or verify knowledge‚ whether that knowledge aids in construction of theory or in the practice of an art.” Objectives of Research: The purpose of Research is to discover answers to questions through the application of scientific procedures. The main aim of research is to find out the truth which is hidden and which has not
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Repayment period does influenced microcredit repayment. RESEARCH METHODOLOGY 2.0 Overview This chapter is discussing about the research design‚ data collection method‚ research instrument‚ questionnaire design and sampling frame to meet the objectives of the study. In this study‚ descriptive research will be conduct to obtain the information needed. It will involve acquiring primary data‚ preparing questionnaires and sampling method as well as deciding on how the variables will be measure and
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1 Marketing Research Assignment A 1. “Food Mania” is a chain of fast food restaurants located in major metropolitan areas in the south. Sales have been growing very slowly for the last two years. Management has decided to add some new items to the menu‚ but first they want to know more about their customers and their preferences. a) List two Hypothesis Ans a. A hypothesis is a proposed explanation for an observable phenomenon. For a hypothesis to be put forward as a scientific hypothesis‚ the scientific
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Economic Objectives Business is basically an economic activity‚ its primary objectives are economic. The economic objectives of a business are to earn sufficient profit to give reasonable reward to the investors of capital and to provide funds for expansion and diversification. The main economic objective of business may be described as under: (a) Earning Profit: Business activity is undertaken for earning profit. Profit is the basic incentive to business pursuits. It is the most important objective
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