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... Course Syllabus | | | |WEDNESDAY | | | |Downtown Campus | | | |6:00pm to 10:00pm | | | |School of Business | | | |QNT/351 | | | |Quantitative Analysis for Business | | | |Dr. Jacquelyn B. Frausto | | Copyright © 2013, 2012, 2011 by University of Phoenix. All rights reserved. Course Description This course integrates applied business research and descriptive statistics. Students will learn to apply business research and descriptive statistics in making better business decisions. Other topics include examination of the role of statistics in research, statistical terminology...
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...Server Turn-Over Johnny R. Bettim RES/351 May 29, 2013 Server Turn-Over Working in the restaurant industry managers have to deal with high turn-over issues with employees (mainly servers). Cheddars causal café is not exempt from this trending problem. The dilemmas that the management team is facing are: improperly trained staff, not enough staff and lack of management to help train the staff. In order for management to take control of the problem they had to perform an internal business research and truly understand why the servers chose to leave Cheddars. The Business Research Process The first step in the process is figuring out the problem or clarifying the research question. In this case the question would be how to overcome the high turn-over rate on the server staff. Management needs to identify the problem and figure out means to correct it. The next step would be to propose a research or in this case the managers decide on a plan of action to the problem. Next step is to plan a way to get the information from the servers. The management chose to have a meeting before the shift for a week and ask the servers what management can do to change the work atmosphere. This is considered the research design or the blueprint of how the research is to be designed. The fourth step would be to gather the data and prepare it. The management planned a meeting the following week to discuss their findings from the pre-shift meetings. The fifth step would be to interpret the...
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...QNT 351 Final Exam Guide (New) For more course tutorials visit www.tutorialrank.com Q1 The Director of Golf for a local course wants to study the number of rounds played by members on weekdays. He gathered the sample information shown below for 520 rounds. At the .05 significance level, is there a difference in the number of rounds played by day of the week? 2. An auditor for American Health Insurance reports that 20% of policyholders submit a claim during the year. 15 policyholders are selected randomly. What is the probability that at least 3 of them submitted a claim the previous year? 3. When a class interval is expressed as 100 up to 200, _________________________. 4. A coffee manufacturer is interested in whether the mean daily consumption of regular-coffee drinkers is less than that of decaffeinated-coffee drinkers. A random sample of 50 regular-coffee drinkers showed a mean of 4.35 cups per day, with a standard deviation of 1.2 cups per day. A sample of 40 decaffeinated coffee drinkers showed a mean of 5.84 cups per day, with a standard deviation of 1.36 cups per day. What is your computed z-statistic? 5. You perform a hypothesis test at the .05 level of significance. Your computed p-value turns out to .042. What is your decision about the hypothesis? 6. In a distribution, the second quartile corresponds with the __________. 7. The MacBurger restaurant chain claims that the waiting time of customers for service is normally distributed, with a mean of 3 minutes...
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...Team Week 2 Reflection Summary RES/351 Team C Week 2 Reflection Summary Week 1 taught us the importance of learning about business research. Business research is important because it helps business owners find solutions to problems they may have within their company. If one wonders why he or she is not getting more customers, researching the problem is a great way to find an answer or multiple answers to this question or problem. Even though it is good to do research it is just as important to know how to research a problem. Good scientific method standards are important because it generates dependable data that executives use to make reliable and accurate decisions within the company. If scientific method standards are not met, it produces unreliable data that executives cannot use, which is a waste of time. It highly increases the risk of the managers making decisions for the business. In week one the focus was to understand how business research improves managerial decision making. The research process starts with clarifying the research question that involves defining the dilemma. Stage two of the research process is proposing research that includes resource allocation and budgets. The next two stages of the process are designing the research project and data collection and preparation. The results can be communicated in various ways, but should always be from the researcher’s perspective. We learned there are ethical dilemmas managers face when using business...
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...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 ...
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...Determining Who and Why HRM 531 Introduction For businesses, especially those in retail production need to general re-assess their coordination toward their suppliers. Because it corresponds to client satisfaction and progress of the business, supplier development is valuable to any business organizations. Today’s business organizations function in a dynamic and turbulent environment. Daily the business environment undergoes a metamorphosis as extensive global operations, diverse customer preferences, rapid technological innovations, and continual change in the competitive markets. In today’s rigid corporate environment, organizations need to be open to change and improvements on their processes to ensure continual operations and survival. Business should be consistently subject to evaluation of their business processes, services, products, and operations. The role of travel supplier development manager focuses on the management of the supply chain within a business and is seen as one of the most imperative components of a business operation. The coordination of technology, production, and arrangement of manpower into tangible services or products are compose of the supply chain. This chain is the major method that business firms use to determine...
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...------------------------------------------------- RES/351 Final Examination Study Guide This study guide will prepare you for the Final Examination you will complete in Week 5. It contains practice questions, which are related to each week’s objectives. In addition, refer to each week’s readings and your student guide as study references for the Final Examination. ------------------------------------------------- Week One: Recognizing the Situation Objective: Recognize a situation, problem, issue, or opportunity that needs addressing. 1. Consider the following example: "Retail sales increases in the 2005 holiday season were below projections. Sales were disappointing because consumers were not confident about economic growth." This is an example of _____. a. an inductive argument b. a deductive argument c. an empirical argument d. a factual argument 2. The acronym, RFP, stands for _____ and refers to the document used to invite research firms to propose ideas for addressing the research needs of the organization. a. request for proposal b. recency frequency population c. research firm proposal d. recognition of problem Objective: Determine the significance, scope, magnitude and feasibility of finding a solution to the situation, problem, issue, or opportunity. 3. Consider the following statements: "Inner-city household interviewing is especially difficult and expensive. This survey involves substantial inner-city...
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...Preparing to Conduct Business Research: Final Brent Byerly, Michelle Kendrick, Emily Maldonado Jarell Reed, Ceasar Sciocia Business Research RES/351 Stephen Grunig University of Phoenix 18 May 2015 Research Question: Research questions provide “means” to determine possible answers or solutions, within thoughts or to provide reasonable data In today’s entertainment services and ever changing platforms, how do cable or satellite companies continue to be relevant without becoming obsolete technologically and over saturated with competition that it alienates the consumer? Many research questions will arise, to see whether or not; our business provides the best in television programming. 1. Does Direct TV provide fast and friendly services? 2. Among other brand for commercial television, why do you choose Direct TV? 3. Do we provide television packages at a reasonable price? 4. On a scale from 1-10, with 10 being the highest, how would you rate our company within viewing purposes? 5. We also provide bundling services, is this something you as a customer like? Data Analysis Approach Data analysis refers to evaluating data using logical reasoning and to examine all of the data provided. There are so many tests that can be used to determine accuracy within a business in providing customers satisfaction through data. Within using the null hypothesis, our company will benefit. Parameter is a previous measurement of the sample of the population. Within...
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...Utah University 351 West, Center Street Cedar City, UT 84720 Phone: (435)865-8058 Email: Christensend@suu.edu Published in Acquisition Review Quarterly (Summer 1999) BIOGRAPHY David S. Christensen is an Associate Professor of Accounting at Southern Utah University in Cedar City, Utah. After receiving a Ph.D. from the University of Nebraska in 1987, he joined the faculty at the Air Force Institute of Technology, where he taught undergraduate and graduate courses in earned value cost management for over ten years. David is a CPA, CMA, CGFM, and CCE/A, and is active in several professional associations, including the Society of Cost Estimating and Analysis, the American Accounting Association, and the Institute of Management Accounting. Presently, David serves as Associate Editor for the Journal of Cost Analysis. He has published extensively in the area of earned value cost management in Acquisition Review Quarterly, Project Management Journal, National Contract Management Journal, Journal of Parametrics, National Estimator, and the Journal of Cost Analysis. 2 USING THE EARNED VALUE COST MANAGEMENT REPORT TO EVALUATE THE CONTRACTOR'S ESTIMATE AT COMPLETION ABSTRACT The earned value cost management report is a valuable management tool for project managers. Its long association with earned value management systems criteria (formerly cost/schedule control systems criteria) and the related technical jargon, however, may have caused some project managers to ignore...
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...SYTEMS AND OPERATIONS Introduction Operations and Systems SSM Recomandations Management Issues REPORT THAT ANALYSES THE SYSTEMS AND OPERATIONS MANAGEMENT PRACTICES AT ATOKOWA ORGANISATION (SUPPLIED) WITH RECOMMENDATIONS TO IMPROVE THEIR BUSINESS To :Jonothan Atokowa Analysis of Current Systems and Operations Business process mapping is defining exactly what an organisation does, who is in charge to what standard a process will be completes and how successful the business process can be determined. It will help understand the strengths and weaknesses within the existing process and help improve productivity increase efficiency , reduce errors and stimulate sales revenue. Process identification at Atokowa Description of Activity Atokowa retail outlet -Product scanned into Epos system | | Products are totalled | | Payment is taken | | Written in transaction table | | Decremented in stocks table | | Review of daily reorder report | | Delivery request | | (Melbourne )Warehouse,process ofr delivery request | | Purchase of supplies/ products from China | | Purchase of products from Hong Kong | | Table 1 The transactions table in the ASIS MS Access database serves almost the same purpose as the Table stocks, combining the two in to one could make the process faster and easier to understand. The system creates...
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...School of Innovation, Design and Engineering Bachelor Thesis in Aeronautical Engineering 15 credits, Basic level 300 Investigation of Different Airfoils on Outer Sections of Large Rotor Blades Authors: Torstein Hiorth Soland and Sebastian Thuné Report code: MDH.IDT.FLYG.0254.2012.GN300.15HP.Ae Sammanfattning Vindkraft står för ca 3 % av jordens produktion av elektricitet. I jakten på grönare kraft, så ligger mycket av uppmärksamheten på att få mer elektricitet från vindens kinetiska energi med hjälp av vindturbiner. Vindturbiner har använts för elektricitetsproduktion sedan 1887 och sedan dess så har turbinerna blivit signifikant större och med högre verkningsgrad. Driftsförhållandena förändras avsevärt över en rotors längd. Inre delen är oftast utsatt för mer komplexa driftsförhållanden än den yttre delen. Den yttre delen har emellertid mycket större inverkan på kraft och lastalstring. Här är efterfrågan på god aerodynamisk prestanda mycket stor. Vingprofiler för mitten/yttersektionen ...
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...Preparing to Conduct Business Research Final Part 3 Melissa Perea, Ronnee Diaz, Kenneth Harmon, Kenneth Porchia RES/351 June 15, 2014 Professor Negussie Nega Abstract Seeking a new business location takes an exuberant amount of researching, time and effort. When conducting research there are different designs and figuring out which design best fits your research studies requires information like the hypothesis of the situation and what research questions you will need to address that pertain to your business. Gathering and conducting research on the demographics, psychographics, and life-stage to identify the best location for the new business. Other variables support identifying the best location. The results will give the best area and location for expansion of the business. Introduction Our business is a new advertising technology which has become a growing trend throughout the United States. We are a graphics design business that designs, prints, and applies vinyl advertising labeling wraps on vehicles. Currently, our business profits have been better than expected. Since our product is in high demand we are contemplating on expanding of our business in another city. Our home location is in Albuquerque, New Mexico and we are looking at many other cities for our expansion. The most favorable area that peaked our interest is Dallas, Texas. The purpose for our research is to determine if Dallas, Texas will be the best location for our new office. If our...
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