Class 1-2 Lecture Notes I. CAS 500‚ 530 summaries of key concepts II. Introduction to monetary-unit sampling (MUS) also called dollar-unit sampling (DUS) in North America III. MUS mechanics: Sample Planning IV. Giant Stores Case V. MUS Mechanics: Sample Evaluation VI. Some Statistical Theory VII. Summary of Required Reading article: Hall et al. VIII. Solutions to other class questions: EP 1 page 407 SB (10.53)‚ EP 3 page 407 SB (10.55)‚ and DC 1 pages 408-409 SB (10.59)
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CASE 1-2 : McDonald’s expands globally while adjusting its local recipe Discussion Questions : 1-18. The key elements in McDonald’s global marketing strategy are based on the concept of this quick-service restaurant which is delivering three things to customers: inexpensive foo‚ quick-service and clean and familiar environment. Memorable advertising and intensive promotion efforts are two important tools that made McDonald’s one of the world’s most valuable brands. For instance “I’m loving it”
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BUSINESS MODEL GENERATION EXERCISE RQ1 What is a Business Model? At least 2 paragraphs. The first step in implementing an effective business model is to adequately understand the definition. Osterwalder and Pigneur (2010) define a business model as “the rationale of how an organization creates‚ delivers‚ and captures value.” (14) In simple terms‚ a business model is an outline or a blueprint an organization uses to constract effective processes‚ structure‚ and systems. While business
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Discussion Questions 1 & 2 The Ron Jon Surf Shop is similar to the Hilo Hattie website is the sense that they both sale beach wear for men‚ women‚ and young children. They both are sunny beach wear type online stores to sale retail as well as other products. The web designs are similar in the sense that they use individuals who are happy and joyful to help sale product. They are different because Hilo Hattie is focused around Hawaiian products and clothing styles‚ whereas Ron Don Surf Shop not
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Unit 1: Business Environment Assignment 1 Understanding the Purpose of Business of Marks and Spencer PLC Introduction This assignment will focus on identifying the mission‚ values and key objectives of Marks and Spencer PLC and also access the influences of three of their stakeholders. It will also explain the responsibilities of the organisation and the strategies employed to meet them‚ overall
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Business Law – Outcome 2 (Law of Contract) Identify and describe the essential elements of a contract There are 3 essential elements in a contract: * There must be an agreement on all material aspects (Consensus in idem) Both or all parties in a contract must have the same understanding of all terms within the contract. To reach and consensus in idem‚ any acceptance must meet one of the offers made. If a party makes changes to the original offer then this is considered a conditional offer
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1 1.0 Introduction 2.1 Background of the Study As technology continues to advance‚ computers are becoming more part of everyday life. The Discovery of the device was the greatest function of modernity for different application which brings humanity an easiest‚ more capability and more adaptable work. It’s also the best solution for providing information and a way of communication in every individual and gives better understanding of some events that can arouse the interest of some particular
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CDA Competency To establish and maintain a safe‚ healthy learning environment Safe My first priority is to keep the environment safe to reduce injures. I will take my responsibility very seriously and make sure that there is no child injures at the center. I will make sure that there is no infant left unattended on a changing table. Young infants are only allowed to sleep in their cribs. Not in the car safety seat‚ bouncy seat‚ or any other equipment that is not safety approved. Cribs in our facility
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Multidivisional Organizational Form The U-form structure is less suited to large organizations which offer a diversified range of goods and services. This is because each function (production‚ finance‚ marketing etc.) has to deal with a wider variety of tasks and functions. Co-ordination of resources and the transmission of information between departments become difficult and the workload facing managers can become too heavy. This can even lead to conflict between departments. Multidivisional
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Activity 1: investigate what a business is and what businesses do. Introduction: My Businesses. I was asked to choose two businesses which one has to be local and the other has to be national. For this I have chosen Tesco and Sandwiches by Sue as my businesses because I can easily research about them as family and family friends work in both of the businesses‚ which means my research will be more accurate. I have also chosen them as they both have a store near to me (Tilbury Essex). I have had
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