...RES 351 WEEK 2 A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=res-351-week-2 Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION RES 351 Week 2,RES 351 Week 2,Ethics has evolved over the years, and it is necessary for any business, whether by economic or personal reasons make the right decisions, doing meticulous analysis of its ethical values. In all serious ethical experience, we have to analyze our performance towards the society. Ethics in business research establishes rules that the researchers should use as a guide. Certain rules are based on trust not entirely by the honesty of the job of the researcher, but likewise by its sincerity in the method applied to conduct the research. It is not unusual for some researchers to stutter between what is ethical or not. Business Research Article This article is about an American energy company called Enron. Enron was the owner of power plants, gas distributors and other units involved in the provision of services to consumers and businesses. This company became a major broker into the energy market, taking huge financial risks and becoming one of the healthiest organizations in the United States, with thousands of employees. In December 2001, the company went into bankruptcy leaving everyone around in shock. The commercial operations of Enron relied heavily on complex business transactions, many of them associated with future business. It is mentioned that those future...
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...Foundations of Your Own Business RES/351 November 3, 2013 Foundation of Your Own Business The process of starting your own business begins with one thing, research. First you must collect and then process it into information that can be used to define more details on where you should open a place, how you should run or open it, and how you should operate it. You should also look into the market or what type of customers that you will be serving in that area. I plan on opening some sort of baseball academy in my hometown in New Jersey. There is a lot of work that goes into even the thought of starting a business like that. First you have to find out what the cost of something like that up front would be. Also you must find out what it will cost to maintain the business or the overhead. That includes things like the payroll, supply costs, taxes, and rent. One of the most important things to research when starting a business locally or even nationally is to research the competition. You should find out what pricing or promotions they use for things similar to what you offer. This is how you can lay a great foundation and get clientele right away but also remains competitive with them. These are all things that can lead to success from the start. Researching the demographics can also play a huge roll into what type of customers are going to come in and what they are going to pay versus what you charge. All of this is crucial when it comes to staying in business but also...
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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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...Internal and External Factors Team A Executives, managers and companies, would not exist if these four fundamentals were not applied; planning, organizing, leading and managing. It takes these four key elements to run a business no matter how small or large the business is. Planning is the first function; here is where expectations and goals are set to be achieved. Organizing is next, here is where management assembles and coordinates human, financial, physical, informational and other resources needed to achieve the goals (Bateman & Snell, 2011). From there, we move onto leading; where management shows that they are good leaders. By stimulating their employees in a positive way to produce and perform at exceptional high rates with quality work. Lastly, there is managing. Bateman and Snell (2011) stated, "By managing, managers make sure the company's resources are being used as planned and that the business is meeting its goals" (p. 16). These four functions affect a business internally as well as externally as well as globalization, technology, innovation, diversity and ethics. Globalization externally has become more popular since companies now able to access the internet. Before the internet companies would have to search for a product locally, now with the internet companies have the option to search and order a part from any part of the world as well as selling their product. Globalization internally allows a business to be based in another country; managers would...
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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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... 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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...Running head: Learning Team D Week 2 Reflection Team D Week 2 Reflection Learning Team D University of Phoenix RES/351 This week we learned many new things about business research in week one. Specifically learned how to recognize situations that need many require research and how to determine the significance, magnitude, and feasibility of finding a solution to the situation, problem, issue or opportunity. We also learned much about ethical research. In week one as a team we learned about the different ways to recognize and find solutions for situations, problems, issues, and opportunities. Identified ethical issues in business research and discussed the business research process and recognizing a situation as a manager that needs to be addressing is a critical function that must be done in order to run and manage a successful business. Once a problem has been identified, knowing the steps to help you find a solution is the best way to gain the results you are after. These steps include manager questions, research questions, investigative questions and measurement questions. In any given situation it's important to find solutions in order to gain from that opportunity. Without using decision making tools the team wouldn't have alternate choices to consider and the problem or question would not be address effectively. Any business situation to finding a solution to this situation, you must find out what the problem and will it apply within the specific business. ...
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...This file of RES 351 Week 3 Discussion Questions and Summary shows the solutions to the following problems: DQ 1: Differentiate between the scientific method and applied research. Which one is most often used in business? Provide an example of either that might be appropriate from your current or previous place of employment DQ 2: You are the manager of a hotel. There have been several complaints from guests relating to employee attitude. Provide a description of three different types of research that might be appropriate for this situation DQ 3: Why do some senior executives feel more comfortable relying with quantitative data than qualitative data? How might a qualitative research company lessen the senior-level executive Business - Risk Management and Insurance DQ-1) Unfortunately, a quick scan of the business news will normally result in reports of unethical business behavior. To prove this point, let's start with a review of the news for stories about fraud and other unethical behavior in business. You can use the University Library to start your search. Once you have located an article share it with the class by developing a summary of the important information. Make sure that you give credit to your source. DQ-2) Go to Course Home and review the Course Project tab. Then download the Course Project template from Doc Sharing. In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of...
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...Business Research Article Dorene Herod-Nelson RES/351-Business Research August 28,2013 Esmaail Nikjeh Business Research Article When it comes to business research, all parties involved must be on the same page. There has to be a common goal everyone is trying to reach in order for the research to evolve as it should. One great way to research a product or even find out about customer service in a restaurant is by giving surveys. Now personally I do surveys about once a week through different organizations, where they are doing research on anything from the kind of soap you use to the gas station you most likely get gas from and why. This is a marketing tool to help them develop a better product or to fix the existing one. When a manufacturer comes out with a new product, surveys from consumers can really be key to developing the best product. They can research the size of the product, how much it should cost, where it should be sold, or even additional places it should be sold, and also the packaging may be the issue with the consumer. Those are the advantages of business surveys. “Manufacturers have a lot to think about when designing their products. Packaging plays received packaging can get neglected by consumers. That’s because it’s what happens once the product hits the store that can make a world of difference between bright profit margins and dull performances.”1 ( http://www.macorr.com/blog/?cat=4) “The first step is identifying key competitors in...
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...RES/351 Worksheet for Week Three Team Assignment: Preparing to Conduct Business Research: Part 1 Select an issue, opportunity, or problem facing a real organization of your choice. Made up organizations are not acceptable. Fill out this worksheet by answering these questions in complete sentences with citations (for both direct quotes and paraphrased material as you support your answers). The cells will expand to make room for the detail required. Please do not use bold font in your answers. | Give a short background of the issue, opportunity, or problem facing a real organization of your choice: Apple continues to lose valuable smartphone market share to Android. Apple’s market share of the smartphone dropped from 17% to 13% in the last quarter while Android continues to dominate with a 79% market share (Pimentel, 2013). One of the glaring reasons for the loss in market share is that Apple has not introduced any new innovations to the smartphone lineup for over a year (Pepitone, 2013). The competition has been able to release new products much faster than Apple. | What is your primary research question? Why has Apple’s market share dropped from 17% to 13% in the last quarter? | * What is your primary hypothesis? If Apple implements new innovations to the future iPhone lineup, then the market share value will increase in the following quarter. | * What is your independent variable for this study? Why? * * The independent variable would be the new innovations...
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...WWW Exercise Mariano E Melendez RES 351 February 14, 2014 Dr. Wright WWW Exercise I was fortunate to find an article that touched upon several points I addressed via the weeks’ discussion questions. Much of the article was regarding methods of collecting data using modern technology. The author’s suggestion was to use the newer methods “in conjunction with tried-and-true research methods” (Thomas, 2013). The reasoning is, “they just might help us identify fresh solutions to a range of marketing problems” (Thomas, 2013). Some of the technologies discussed within the article include video cameras, GPS, and near-field communication (NFC). According to the article, video cameras are a good way, for respondents to a survey, to record videos of different settings and events and submit them as part of their answers to the surveys. The article continues to suggest GPS can be used to plot “traffic patterns through shopping centers, neighborhoods and cities” (Thomas, 2013). The suggestion is also made that “surveys can be triggered at particular geographic points” using GPS (Thomas, 2013). A new concept introduced to me through this article is that of NFC. NFC is a system that permits radio communication between smartphones and other devices by bringing the devices together. A system currently in place that uses this technology is Google Wallet. Google Wallet is a method of replacing traditional credit cards. The author of the article explains that qualitative research benefits...
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...Yahoo Consumer Direct Marries Purchase Metrics to Banner Ads Chanea Adams University Of Phoenix Course ID: RES/351 Group ID: GA12BSB06 Instructor: Dr. Jay Deb Workshop/Week No.: Three Date of submission: February 21, 2013 1. Describe the research design for Consumer Direct. * The research design for the Consumer Direct focused on the households that contained Internet users. The research aims to observe and describing the usage of Yahoo without influencing the public in any way, to determine the effectiveness of the advertising on Yahoo. This design includes describing any behaviors, performing a case study, observing the amount of advertises being bought or look at through Yahoo, and lastly a questionnaire or presentation. The goal is to be more effective and efficient in Internet adverting. Yahoo wants to target ads that costumers would want to purchase. 2. Discuss the strengths and weaknesses of the research design. * The strengths include the fact they observed two test groups, the tester can zero in on what is desired by the consumers. It deals with the effectiveness and the pervasiveness of the advertising. Search patterns were a strength used to pinpoint major target preferences. An additional strength was the length of the study, which seemed to fit the product. Yahoo alone is already a popular search engine, which rivals the Google search engine. Feedback was instrumental in regard to working out the kinks in the product pushed. * The weaknesses...
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