...Hypothesis Reflection Learning Team A: Kala Chavez, Jessica Gonani, Stacie Knauss, Michael Orcutt, and Troy Stodard QNT 351/Statistics for Business and Economics June 17, 2014 Don Silva Hypothesis Reflection This week Learning Team A is tasked with discussing three parts to hypothesis research. These objectives included evaluating the steps to test a research hypothesis, compare the means of two or more groups, and calculating the correlation between the two variables. By discussing these three objectives, team A will gain a better understanding of how the objectives are associated with statistical analysis. Research hypothesis Testing a theory or hypothesis sounds like an easy task but it is not. There are many steps to testing a research hypothesis. The five steps of hypothesis testing are (The University of North Carolina at Chapel Hill, 2012): 1. Stating the research question or questions 2. Specifying the null and alternative hypothesis involved 3. Calculating the test statistics 4. Computing the probability of test statistics or the rejection region 5. Stating the conclusions The first step, stating the research question, will clearly define and identify the research question. The population of interest, hypothesized values, and the parameters of the variables are clearly stated. Next is to state the hypothesis of at least two possible outcomes. These are the null and alternative hypothesis. The null hypothesis states that nothing will...
Words: 562 - Pages: 3
...------------------------------------------------- ‘‘A comparative analysis on the marketing strategies of Samsung for Android and of Apple for iOS in UK market and their customer response’’ Table of Contents 1 Introduction 2 1.2 Research aims 2 1.3 Research objectives 3 2. Literature review 3 2.1 Introduction 3 2.2 Mobile phone operating system 3 2.3 Global introduction of smartphone 3 2.4 Various operating systems 4 2.5 Overview of the android’s framework 4 2.6 Overview of iOS and it marketing strategy 4 2.7 Comparative analysis of the two 5 3. Research methodology 6 3.1 Methodology 6 3.1 Type of investigation 6 3.2 Data collection method 6 3.3 Sampling method 7 3.4 Accessibility issues 7 3.5 Ethical issues 7 3.6 Timetable 8 4 Anticipated findings 9 5. Conclusions 9 References 10 1 Introduction Various companies use different types of marketing techniques over the few decades. To get competitive advantage over the competitors, developed variations of marketing techniques are quieting helpful to the companies. This is referred as market innovation (Verlog, 2007). Companies have to face with different factors in this modern world of business. New legislations developed marketing tools and corporate social responsibilities are among the newer one. Business has to deal with two basic demands which are to earn profit and to maintain a sustain profit ( Verlog, 2007). Though there are many developed application software were used in past by several cell phone companies,...
Words: 2939 - Pages: 12
...Business research is the application of the scientific method in searching for the truth about business phenomena. These activities include defining business opportunities and problems, generating and evaluating alternative courses of action, and monitoring employee and organizational performance. It is the way that a company can do a field of practical study to obtain data and analyze it in order to better manage the company. Executives and managers who use business research methods are able to better understand their company, the position it holds in the market and how to improve that position. “Business research is unique from other research because business researchers do not just gather knowledge, but also generate action. Business researchers deliberately and consciously investigate problems or perceived gaps from “what is” to “what should be (JIU, 2012, BC 500, Module 1, Theme 1, para 1). “Critical Success Factors in the Performance of Female Owned Businesses: A Study of Female Entrepreneurs in Korea” by Sang Suk Lee and Timothy M. Stearns is a business research article on a study that examined the relationships of female entrepreneurs’ motivation and critical success factors of female owned business and business performance. The research “suggests that small business success is the moderating variable of female entrepreneurs’ motivations and performance and that the motivations of female entrepreneurs directly affect their business success and, in turn, relates to...
Words: 1237 - Pages: 5
...Unit 39 – International Business Scenario You are employed by the local Business Development Agency and have been asked to independently research international business in relation to an international case study business of your choice. From your research you are required to put together a research report document which can be used to assist businesses who are considering trading internationally. Your work should be a result of your own independent research and contain references throughout and a bibliography. Your research should follow the guidelines set and give your own supported judgement where indicated. Learning Outcomes 1. Understand the international business environment 2. Know how cultural differences affect international business 3. Know how international business is financially supported 4. Understand the strategies used by international business Task 1 – covers P1 – Hand in date 11/4/2014 P1 – Explain the international environment in which a selected organisation operates in 1. Choose a business which operates internationally, it is suggested that you use one from the following list as they make good international case studies. You may chose an alternative that is not on the list but you must get prior agreement with your tutor. Aviva Dyson Burberry M&S JCB Barclays Britvic Tesco JLR Cadbury GSK Costa Premier Foods B&Q Ikea 2. Write a 400 word background introduction on the company and...
Words: 1099 - Pages: 5
...company.. This study using this type of study method in order to increase production and identify any improvement that could be made through identifying the process that involving manpower as the main reason and state the time standard in order to achieve the objectives of increasing the production and decreasing the cost. This study is using systematic observation, interview with discussion and stopwatch time study. Statistically Fit and Production Modeler software is used to test the data and make improvements. By stating the time standard for the process involving manpower, production rate increase and the cost will be less. Other than that, proposal for improvement could be made in order to enhance the effort to achieve the main objective of any business organization in the world. Keywords: Time and Motion Study, Ergonomics,Productivity, Manpower Factor, Time Standard Total cycle time is means of the combine effect of cycle time in all business processes from the time needed until reach satisfaction. In short, the total cycle time is defined comprehensively. It include all business process cycle time, and it focus on a single process. This study is execute in a rice based company in Sabah which is it is one of the rice processing factory. This factory involved variety main process that involved motion that influence operation time. Time and motion study impact the whole production rate of the company. Time and motion study is a method in order to...
Words: 4457 - Pages: 18
...Acquisition of Beats Research problem and purpose In recent years, industries worldwide have experienced slow growth consequently the effects of the economic crisis and recession. Buying habits and consumer behavior have become more conservative, plagued by uncertainty brought about by market instability. In an effort to stabilize the market and gain a competitive edge, Apple has acquired Beats Electronics. Shinal (2014), “Apple's acquisition of Beats Electronics gives the technology giant a small but much-needed product refresh in both hardware and software” The support of Beat’s audio gear design and online music services is what Apple has in mind. The integration of technologies is accompanied with a mixture of ideas, concepts and business approaches. Business executives and managers from both companies will face a common management dilemma in the acquisition of Beats Electronics. Research questions are relevant to the success of Apple Corporation’s move toward revolutionizing the music and technology industry. Furthermore, to answer the management dilemma: How can the organization successfully market technology within the music industry? The development of relevant questions for information gathering is paramount for business success. Significance, scope, magnitude, and feasibility of finding a solution to the issue, opportunity, or problem It is important that Apple find a solution to its stagnant growth so that sales will increase and the business can prosper again...
Words: 1825 - Pages: 8
...com/0268-3946.htm JMP 21,5 RESEARCH NOTE Income, the love of money, pay comparison, and pay satisfaction 476 Received June 2005 Revised February 2006 Accepted February 2006 Race and gender as moderators Thomas Li-Ping Tang Middle Tennessee State University, Murfreesboro, Tennessee, USA Theresa Li-Na Tang Affinion Group, Brentwood, Tennessee, USA, and Beeta Yazmeen Homaifar Mental Illness Research, Education and Clinical Center, Denver, Colorado, USA Abstract Purpose – This study aims to test a model of pay satisfaction and argue that the income-pay satisfaction relationship depends on one’s love of money and how one compares. Design/methodology/approach – The paper investigates: a direct path (income ! total pay satisfaction); an indirect path (income ! the love of money ! pay equity comparison ! total pay satisfaction) using a structural equation model (SEM) based on 210 full-time employees; and the model across race and gender in multi-group analyses. Findings – The paper finds that for the whole sample, there was one significant path (pay equity comparison ! total pay satisfaction). Since African-Americans ($32,073.15) and women ($32,400.58) tended to have lower income than Caucasians ($37,180.73) and men ($38,287.97), respectively, income significantly increased the importance of the love of money for African-Americans and females, but not for Caucasians and males. The love of money to pay equity comparison path was not significant. Income...
Words: 7687 - Pages: 31
...Journal of Business Economics and Management ISSN: 1611-1699 (Print) 2029-4433 (Online) Journal homepage: http://www.tandfonline.com/loi/tbem20 Evaluation of some business macro environment forecasting methods Vulfs Kozlinskis & Kristine Guseva To cite this article: Vulfs Kozlinskis & Kristine Guseva (2006) Evaluation of some business macro environment forecasting methods, Journal of Business Economics and Management, 7:3, 111-117 To link to this article: http://dx.doi.org/10.1080/16111699.2006.9636131 Published online: 14 Oct 2010. Submit your article to this journal Article views: 1769 View related articles Citing articles: 1 View citing articles Full Terms & Conditions of access and use can be found at http://www.tandfonline.com/action/journalInformation?journalCode=tbem20 Download by: [86.20.58.206] Date: 10 November 2015, At: 14:42 Journal of Business Economics and Management 2006, Vol VII, No 3, 111117 ISSN 1611-1699 EVALUATION OF SOME BUSINESS MACRO ENVIRONMENT FORECASTING METHODS Vulfs Kozlinskis1, Kristine Guseva2 Riga International School of Economics and Business Administration (RISEBA), Meza iela 1, k. 2, LV-1048 Riga, Latvia E-mail: 1Vulfs@rsebaa.lv, 2 kris@rsebaa.lv Downloaded by [86.20.58.206] at 14:42 10 November 2015 Received 06 03 2006; accepted 28 04 2006 Abstract. Latest studies in the field of business macro environment (BME) assessment and forecasting have been undertaken and successfully implemented...
Words: 3011 - Pages: 13
...331050069/T.14 | 5 | NSUBISI SETH MWANG’ONDA | 331050025/T.14 | 6 | PETER BUTEMI | 331050001/T.14 | 7 | ELIA MBWILE | 331050050/T.14 | 8 | EDWIN NGAILO | 3310500…./T.14 | 9 | MIJA KANJU | 3310500…../T.14 | 10 | GEOFREY MARTIN | 331050054/T.14 | TOPIC: International Marketing Research SUBMISSION DATE: 14TH MAY 2015 1.0 INTRODUCTION OF INTERNATIONAL MARKETING RESEARCH Businesses preparing to compete in the 21st century are increasingly confronted with the task of crafting strategies that anticipate and respond to the rapid pace of change in global markets. As a result, their information needs are changing and becoming ever more complex and diverse. Timely, relevant information is essential to provide an adequate basis for day-to-day decision-making as well to chart the firms path in an increasingly fast paced, turbulent and competitive environment. Information needs are changing in both developed and developing countries. Established markets in industrialized countries are becoming more geographically integrated as direct vertical links and information flows are established between customers, retailers and suppliers. As a result, there is a growing need to conduct research spanning country boundaries, in order to identify regional or global market segments, or to examine opportunities for integrating and better co-ordinating strategies across national boundaries. At the same time, speed in collection and interpretation of results from multiple and geographically...
Words: 6937 - Pages: 28
...Current Events in Business Research Tamara Channel RES/351 March 2, 2015 Professor John Rudin Current Events in Business Research Thorough and appropriate research is essential to the success of a business. Business research is defined as an organized effort to plan, acquire, analyze and disseminate information and insights to the people who make the decisions to assemble the organization to perform the proper actions that will result in fully maximizing its performance (Cooper & Schindler, 2011). Some companies choose to outsource some of the call center operations. Companies who use outsourcing tend to route their high level or grandfather customers with the agents of the in-house operations and route the lower level customers to an outsourcing company. Business research process starts with an overview of the industry or market. Opportunities for the business in the market can be assessed during this phase. The research then includes collecting information that will assist in determining customer product and service needs. An analysis can be run to govern the course the company should take. The testing phase includes, directing numerous tests that can deliver pertinent information to forecast customer behavior. The final step includes the decision or implementation of the actual idea (Cooper & Schindler, 2011). This paper will discuss the research study on call center outsourcing. Identify the Research Problem and the Research Method Used The...
Words: 909 - Pages: 4
...ABC Complete Kitchens Inc. current environment is extremely competitive and active. The technological advancement is a very significant component of the current business environment. The information management system, e-business options and decision support system are some technologies that are used by the companies. The information management system refers to managing any type of information within the organization through the use of effective technologies that varies according to the industry. Managing information helps the company to develop and improve the decision making process. The information management system provides valuable material to the users in order to update the database efficiently providing a current an accurate status of the business. It is also helpful to offer diverse e-business options that may increase the information effectiveness in the company. The decision support system is also crucial to enhance the effectiveness of the organization in this technological development business environment. By using an information management system employees are able to obtain data, analyze it and send the information to the respective people within the organization in an effective manner. The information management system is an effective tool to establish any procedure and regulate all the activities or processes that occurred in the company. The management of ABC Complete Kitchens also requires an information management system (IMS) to develop it technical system...
Words: 8682 - Pages: 35
...Professor Stephen Bartorillo BUS 315 October 23, 2015 The process of formation and implementation of a business is a difficult task, not its complexity but by the diligence of the processing to formalize this constitution. When you deciding to create a new company, we must take into account the following factors: The definition of the activity to develop the long-term and comprehensive planning, risk assessment, financial capacity, business viability and market research. All these aspects should pick in what is called “Business Plan”. The next step is choosing the legal form taking into account a number of key factors: the number of partners, the level of social capital and liability to third parties. Depending on the legal form chosen, we must carry out the procedures for the adoption of legal personality and related to the conduct of business. Finally, it is important to choose funding programs for my company, and the various forms of recruitment. * Describe the new start-up company that you have created. Include in your description the nature of your company, its mission and vision, your company’s product, an analysis of your staff, and your target clientele. The name of my company is "Final Solution Inc." this company will offer financial services to all types of customers, business, families or individual people. I create a document called "Business Plan", this document groups in a clear references and experience of the company, objective, technical description...
Words: 854 - Pages: 4
...An Analysis of Accounting Ethics Anna Aspras ACC 770 Proposal Hunter College INTRODUCTION Ethics refers to the discipline that deals with the bad and the good and also with the moral duties as well as moral obligations (Stolowy and Breton 2004). As Weidmann and Lenzen (2006) points out, ethics entails doing the right thing. Accounting ethics is mainly in the area of applied ethics and at the same time, it is also a part of business ethics as well as human ethics. It is worth pointing out that the kind of work that is always carried out by the auditors, as well as the accountants generally needs very huge ethics levels (Stolowy and Breton, 2000). The shareholders of the firms, the potential shareholders, as well as the other people who use the financial statements that are prepared by the accountants generally depend on the annual financial statements of the firms given that they are capable of using the information in making highly informed decisions concerning investments. At the same time, they depend on the accountants’ opinion and the verification of the financial statements by the auditors in order to make sure that the financial statements are giving a true, as well as a fair view of the firm (Weidmann and Lenzen, 2006). It is worth pointing out that the knowledge of ethics is capable of helping the accountants, as well as the auditors to overcome various kinds of ethical dilemmas, and this generally ensures that the correct choice is made though it might not be of benefit...
Words: 3344 - Pages: 14
...Applied mathematics in Engineering, Management and Technology 2 (2) 2014:466-475 www.amiemt-journal.com Using a combined method of hierarchical analysis and Monte Carlo simulation in order to identify and prioritize the target market selection criteria (Case study: Food distribution companies of Mashhad-Iran) Amir kariznoee Ph.D. student of Industrial Management,University of Mazandaran ,Iran (Corresponding Author's E-mail: Amir.kariznoee@yahoo.com) Monireh Bijandi Graduate of Accounting in Ferdowsi University of Mashhad,Iran Mahdi Ghayur Maddah Student of Public Management in Ferdowsi University of Mashhad,Iran Vajihe Mogharabi M.A. Student of Information Technology Management, Shahid beheshti University,Tehran,Iran Abstract The aim of this study is to identify and prioritize the key factors in selecting a target market in the food industry. In order to determine the components and subcomponents of this study, we have used previous researches in this area. In order to match these factors with the food industry situation and create a hierarchical structure, we have obtained the opinions of 323 experts about affecting factors on choosing a market in this industry with the use of questionnaire. Then, using a combination of hierarchal analysis process and Monte Carlo simulation and cooperation with 10 senior executives of distribution companies, the weight of each component and sub-component was determined. In general, four components and ten sub-components were...
Words: 3589 - Pages: 15
...Customer Satisfaction Research Proposal CommunnaTell Wireless Company: Team B Tammy Cech, William Frudakis, Robbie Hollingsworth RES/320 August 30, 2010 Instructor: Dr. Michele Burpeau-Di Gregorio Customer Satisfaction Research Proposal: CommunnaTell Wireless Company CommunnaTell Wireless commits to delivering outstanding customer satisfaction. The company offers quality products and services on the nation’s largest and most reliable wireless voice and 3G network, and it delivers the industry-leading customer service – online, over the phone and in-person. Recently the company has experienced an increase in complaint calls, which reported to the research team for follow-up. The design of the proposal was to determine the cause or causes of the lack of customer satisfaction. Senior Research Proposal Research Question CommunnaTell Wireless Company being the largest wireless phone company in the United States has done several new and innovating advances with-in the management of several departments. These new changes created several opportunities in the Call Centers because of higher turnover rates. Complaints from customers calling into the Call Centers rose over the last few months creating concerns over the effectiveness of training given to the new associates. CommunnaTell Wireless will conduct surveys of recent customers to the call center to determine the root cause of the recent complaints. Propose Research CommunnaTell Wireless Company will...
Words: 5597 - Pages: 23