QRB Concepts – Plotting Bivariate data Concept: Construct histograms and bivariate plots using Excel. Reading Reference: Topic 2 of Sevilla & Somers and Ch. 4 of Lind‚ Marchal‚ & Wathen Example of Application Bivariate Plots: Economics: We often need to plot a demand curve to illustrate levels of quantity demanded based on the price of a product. Bivariate plots can be used to project future sales based on pricing or to determine if a price is too high or low. People typically buy more
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r/K Strategists concept Alan Soffan In nature insect makes adaptation known as adaptive stategy as a result of selective environment factor acting in a population (Horn‚ 1976). They need to have certain strategies for efficiently utilizing the available time and energy to maximize their own survival (Atkins‚ 1980).There are two extreme strategist applied by insect in adapting theirself in certain environment. R-stretegies R-strategies principally operates to maximize reproductive rates
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Organizational Concepts Table of Contents 1. Chapter 1: Organizational Planning 4 1.2. Introduction: 4 1.3. Defining Planning 4 1.4. Recognizing the Advantages of Planning 5 1.5. Using Plans to Achieve Goals 5 1.6. Criteria for effective goals 6 1.7. Coordination of goals 6 1.8. Detailing Types of Plans 7 1.9. Operational plans 7 1.9.1. Tactical plans 8 1.9.2. Strategic plans 8 1.9.3. Contingency plans 9 1.10. Identifying Barriers to Planning 9 2. Chapter 2 Creating Organizational
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Marketing concept The marketing concept holds that the key to achieving organizational goals consists of the company being more effective than its competitors in creating‚ delivering‚ and communicating customer value to its chosen target markets. The marketing concept rests on four pillars: target market‚ customer needs‚ integrated Marketing and profitability. . The selling concept takes an inside-out perspective. It starts with the factory‚ focuses on existing products‚ and calls for heavy selling
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CONCEPT OF EDUCATION Education involve training of entire person to enable them not only to read‚ write and calculate or to be proficient in a given job but also to enable them to fit themselves for living in the society‚ therefore‚ it is the training of a person intellectually‚ morally and physically. It is also an instrument for social development or social reform through individual development‚ education is a companion‚ it chastens vice and it guide virtues. Unarguably‚ education provides the
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ACC 3401 Audit and Professional Ethics │LECTURE 1│ Concepts of Auditing Learning Objectives After the lecture‚ students should be able to: describe the nature‚ purpose and scope of an audit; describe various basic principles and concepts of auditing and explain their importance in the actual audit procedures; and describe the professional framework within which auditors must operate. 1. Accounting vs. Auditing Accounting - the process of recording‚ classifying‚ summarizing and
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Database Concepts‚ 4e (Kroenke) Chapter 1 Getting Started 1) The purpose of a database is to help people keep track of things. Answer: TRUE Diff: 1 Page Ref: 4 2) A possible problem with keeping data in lists is that if you delete a row of data from a list you may also delete some data items that you want to keep. Answer: TRUE Diff: 1 Page Ref: 4 3) An advantage of keeping data in lists is that if you update a data value in one row of data in a list‚ other occurrences
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to action toward a desired goal; the reason for the action. General motivation is concerned with effort towards any goal‚ whereas effort towards Organizational goals reflects work-related behavior. Many contemporary authors have also defined the concept of motivation. Motivation has been defined as: the psychological process that gives behavior purpose and direction (Kreitner‚ 1995); Motivation is operationally defined as the inner force that drives individuals to accomplish personal and organizational
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CONFLICT: BASIC CONCEPT The word conflict has been derived from the Latin word ‘Confligere’; which means to Strike or attack altogether. In the present world‚ there are conflicts found everywhere. Each conflict has a reason behind it. these conflicts usually occur when two or more individuals or groups feel they have irreconcilable differences‚ or they feel that there needs‚ interests or wants are threatened by the existence of the other groups demands. Hence clashes become inevitable. People
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Concept of Leadership Leadership - what is it? Many definitions have been offered‚ cultural stereotypes abound‚ numerous programs focus on leadership development‚ but the question remains. In fact‚ leadership is many different things to different people in different circumstances. When we think of leadership‚ we often think first of famous individuals. We may think of great political leaders: Washington‚ Churchill‚ Roosevelt. We may think of the leaders of social movements: Gandhi‚ Martin Luther
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