...21. Describe how or why integer programming OR goal programming OR nonlinear programming (choose ONE) might be used in a real-world business situation. Be as specific as you can and use examples as appropriate. Goal programming is an aid for decision-making problems with multiple, possibly conflicting goals. Typically, linear goal programming attempts to minimize a weighted sum of deviations from goals. This program is used in real-world business in an attempt to eliminate or, at the least, mitigate this disquieting disconnect. Goal programming is the most widely applied tool of multiple-objective optimization/multicriteria decision making. However, today’s goal programming models, methods, and algorithms differ significantly from those employed even in the early 1990s. Goal programming, may be combined with various tools from the artificial intelligence sector (most notably genetic algorithms and neural networks) so as to provide an exceptionally robust and powerful means to model, solve, and analyze a host of real-world problems. In other words, today’s goal programming while maintaining its role as the “workhorse” of multiple-objective decision analysis—is a much different tool than that described in most textbooks. Goal programming’s label as the “workhorse” of multiple-objective optimization has been achieved by its successful solutions of important real-world problems over a period of more than 50 years. Some examples among these applications are: • The analysis of...
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...com/product/acc-291-week-3-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 291 WEEK 3 DISCUSSION QUESTION 1 Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate form of doing business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 291 Week 3 Discussion Question 1 in order to ace their studies. ACC 291 WEEK 3 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-291-week-3-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 291 WEEK 3 DISCUSSION QUESTION 1 Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate form of doing business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 291 Week 3 Discussion Question 1 in order to ace their studies. ACC 291 WEEK 3 DISCUSSION QUESTION 1 To purchase this visit here: http://www.nerdypupil.com/product/acc-291-week-3-discussion-question-1/ Contact us at: nerdypupil@gmail.com ACC 291 WEEK 3 DISCUSSION QUESTION 1 Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate form of doing business? Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 291...
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...following is NOT a characteristic of a small business? Choose one answer. a. Provides goods and/or services to customers b. Provides society with social or educational services without concern for making a profit c. Establishes goals and meets them in an efficient manner d. Helps the economy by employing people e. Has 500 or fewer employees Question2 Marks: 1 What are individuals who take responsibility for the development of innovations of any kind within larger organizations called? Choose one answer. a. Crazy b. Entrepreneurs c. Inventors d. Intrapreneurs e. Engineers Question3 Marks: 1 Which of the following is one of the major reasons why people want to own and operate their own business? Choose one answer. a. To be their own boss b. To make a fortune c. To have complete freedom d. To have an easy life e. To eliminate all pressure Question4 Marks: 1 Choose the best answer to fill in the blank. The majority of Americans entered the business world by working for _______________, which are constantly creating jobs and providing opportunities for a vast number of workers. Choose one answer. a. Franchises b. Small businesses c. Entrepreneurs d. Sole proprietorships e. Not-for-profit organizations Question5 Marks: 1 Fill in the blank. The majority of all new jobs created in the United States in recent years were generated by _________________. Choose one answer. a. Medium businesses ...
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...Hult is the best Business School to pursue an MIB Degree With the focus of building a career in management, I wish to attain a Master’s degree in International Business which will help me attain my goals. Today’s business scenario is changing and hence I decided to pursue my degree from the best Business School. I choose Hult International Business School as I feel it’s the best Business School. Hult has five campuses around the world to choose from. Firstly, it offers opportunity to rotate to another campus while studying. According to me this is the reason why Hult is right choice to pursue an MIB Degree as it gives us exposure to study in two different parts of world in 1 year. With this you get an opportunity to understand culture of two different countries and work in a different environment with people from various nationalities. Secondly, it gives an opportunity to build lifelong international connections. We get an opportunity to network with people from over 120 nations. To pursue an MIB degree while studying with people from such diverse background gives us an experience to work with multinational teams. I believe no other business school offers such unique opportunity. Also, Hult offers unique business experience in 1 year through the Action Learning Project. As a part of curriculum it offers student to work on real life action project for 3 months. Also, the faculty of Hult International Business School come from diverse background and have worked for various...
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...following is NOT a characteristic of a small business? Choose one answer. a. Provides goods and/or services to customers b. Provides society with social or educational services without concern for making a profit c. Establishes goals and meets them in an efficient manner d. Helps the economy by employing people e. Has 500 or fewer employees Question2 Marks: 1 What are individuals who take responsibility for the development of innovations of any kind within larger organizations called? Choose one answer. a. Crazy b. Entrepreneurs c. Inventors d. Intrapreneurs e. Engineers Question3 Marks: 1 Which of the following is one of the major reasons why people want to own and operate their own business? Choose one answer. a. To be their own boss b. To make a fortune c. To have complete freedom d. To have an easy life e. To eliminate all pressure Question4 Marks: 1 Choose the best answer to fill in the blank. The majority of Americans entered the business world by working for _______________, which are constantly creating jobs and providing opportunities for a vast number of workers. Choose one answer. a. Franchises b. Small businesses c. Entrepreneurs d. Sole proprietorships e. Not-for-profit organizations Question5 Marks: 1 Fill in the blank. The majority of all new jobs created in the United States in recent years were generated by _________________. Choose one answer. a. Medium businesses ...
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...Assignment Question: Choose a Franchise business (that is not yet in Malaysia) that you are interested in and justify how this franchise model is going to be successful in Malaysia. Required: 1. Choose a Franchise Business that you are interested in a Business proposal plan and explain how you are going to operate the franchise. 2. Some examples of Franchise Business that are yet to be opened in Malaysia are “Perfect Pizza”, “Godfather’s Pizza”, “Shakeaway”, “café Latte”, “Premier Sports” 3. The franchise Business can be in any area: F&B, Electronics, Retail, Education or Fitness. 4. You must explain the Franchise business model and how it operates in its country of origin and why is it suitable to invest in Malaysia. 5. Discuss each of the following Business Plan sections for your business: a) Mission Statement b) Objectives of the business c) SWOT analysis Assignment requirements: 1. The assignment must not be more than 12 pages, font 14, Times New Roman, Double Spacing. No special binding required, just staple your assignment neatly. 2. You may include graph, table or diagram in your assignment to make the assignment interesting. 3. Assignment should include the following Part 1 : introduction – The Franchise Business you choose, franchise name, background of the franchise Part 2 : Business Proposal - why do you choose this franchise and give a description of the business in its country of...
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...Explain the difference between a left-tailed, two-tailed, and right-tailed test. When would you choose a two-tailed test? How might you tell the direction of the test by looking at a pair of hypothesis? How might you tell which direction (or no direction) to make the hypothesis by looking at the problem statement (research question)? The direction of the test is indicated by the alternate Hypotheses H1. < indicates a left tailed test and > indicates a right tailed test. One would choose a two tailed test when the direction of < or > does not matter to the researcher. Two tailed tests are indicated by =. One would also choose a two tailed test if the rejection of the two tailed test guarantees a rejection of the left or right tailed test. I think one can tell which direction the hypothesis should be by the way the research question is worded. Certain words can mean less than or greater than;: or equal to or not equal to; or greater than or equal to some number. One just needs to read the hypothesis carefully to make sure he or she is conducting the test in the correct direction or the test will be done wrong. An example of this would be where the average means of monthly wages for a population area is $1,800 and someone questions this saying they believe it is higher for the particular area. So the hypothesis for this particular scenario would be written out as: H0 : µ > 1,800 H1 : µ ≤ 1,800 Please try to respond to this question by at least...
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...The 400 years between when “The Misfortunes of Arthur” was written, and the movie Excalibur was directed; the character Mordred of the Arthurian Legends went through many different unique re-tellings. These re-telling were a result of business and a unique selling points that each writer or director used in order for their work to be a success. The selling points that the writer or director chooses are affected by their audience, in which the they try to bring something new and entice the people of their time period. This provides strong reasoning for how and why the development of Mordred in the Arthurian Legends took place. Many distinct themes in “The Misfortunes of Arthur” and Excalibur show the audience to be an influence to how the...
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...Introduction of people concerned 2. Marksheets required 3. Topics and Questions Questions about candidates’ names and hometowns What’s your name? How to spell your name? How do you spell your family name/surname/last name? Where are you from? Would you say it’s a good place to live in? (why) Do you like living in … ? (why) Where would you rather live, … or …? (why) Do you think it would be better to live in … or …? (why) Do you come from a large family or a small one? Can you tell me a bit about … in your family? Questions about candidates’ identity --- work or study Do you work or are you a student? What do you do? What do you study? What’s your major? What do you like most about your job? What do you like most about your studies? Questions about Candidates’ Preference Regarding Their Work or Study Unit One A Working with Other People What kinds of people do you most like working/studying with? Why? What do you think are the advantages of working in a team of colleagues? Why? (Is it a good thing to work or study with other people? Why/why not?) What sort of skills do you think a manager needs? Why? (What kind of person is a good manager? Why?) |people |Cooperate fully with each other; | | |Trust each other;...
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...There many people, who have trouble choosing their career, some see it easy to choose. I have an ambition is to become a successful accountant and want to choose accounting field as my career path after graduation. In accounting field, a good knowledge in accounting, constant accuracy and working experience are important for a success. Traditionally, the accounting process involves record keeping recording, classifying, reporting, and interpreting economic events. While I was in high school, I focus on classes involving math and business. Few years ago, I was more than certain that becoming a business accounting major was what I wanted. My interest in business came from my family. There a lot of responsibility and application of high moral and ethical standards. First, while I was in high school, I focus on classes involving math and business. I was doing well in these courses gives me an indication of whether accounting is the right career for me. I spoke to my guidance counselor in high school about beginning a career in accounting field. My counselors can give me more information about accounting. I was interesting the facts she gave me. I believe that with the experience I've had in high school can help me get through a lot of challenges of being a business student. Second, my interest in business came from my family. Many in my family went to school for business and I'm here to follow. Naturally, if you love what you do, the money becomes less important. My family always...
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... Extra Credit Opportunity “Why students pursue the business degree: A comparison of business majors across universities” Overall, this article is about students and the reasons behind their choice on majors particularly the business major. Here, the authors Kim, David; Markham, F Scott; Cangelosi, and Joseph D studied how well the students understood their different majors as well as the business world, also whether or not their understanding affected their expectations of career success. The article also talks about how student’s choices of majors are based on expectations of gainful employment, hope of a more promising career, financial rewards, or personal interest. There are a lot of students who pursue the business degree mainly for job opportunities and high pay following graduation, which is also my case. I do not want my parents to pay a fortune for my education, and ending up with a low salary or job that I do not want. Some gravitate to a particular major because they hear about the wonderful job opportunities and high starting salaries associated with that particular field, or they may be influenced by the quality of instruction. How students choose a business major may reflect their response to the realities of the marketplace. Some students enter college having already a major and career (like me). But others might be undecided until much later in their course work, or might even sometimes choose a specialization without a clear sense of career...
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...Chapter Four Business Ethics and Social Responsibility: Doing Well by Doing Good Review Questions How do relative ethics compare to universal ethical standards? Should ethics ever be relative? Provide a rationale for your response. Relative ethics apply to you and your family. Universal ethics apply to everyone depending on the situations that they encounter. Ethics should be relative because everyone should be held accountable to know the difference between right and wrong. What is an ethical dilemma? Give 3 examples of ethical dilemmas that workers or managers might face in a business setting. An ethical dilemma is when you are in put in a situation with negative consequences forcing you to choose between two or more bad options. 1) Your boss tells you to write a check for him to cover the cost of entertaining a company client the previous night. He turns in the necessary receipts, but you over hear him talking to his girlfriend thanking him for the dinner the previous night. 2) You are in real estate, and you have a potential seller who says to help them sell their deceased parents house and they don’t know how much it is worth, but they will be happy with $100,000. You look at the house and realize this house is easily worth $200,000 and would be a perfect house for your sister. 3) You are a teacher, you have a student who is a full time student and is also working full time to pay for college. His job is interfering with his school performance and...
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...the rapid change in number of the students shifting to Financial Management. Financial Management is a course under Business Administration and refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. Financial Management is the Operational Activity of a business that is responsible for obtaining and effectively utilizing the funds necessary for efficient operation (Joseph Massie, 2015). Vinod Verma (2015) explained that Finance Management is not only for business but also for every expenses. Like it’s for the home base expenses or the government expenses. The government also need to manage the finance for the develop of the counter and the household also need to manage their expenses properly. Citing an example in our former year being a finance student way back 2nd year semester, there are new block mates that shifts to BSBA – FM from the other course and this example show what can be the possible factors in shifting or enrolling in Finance major. This analysis purpose is to know what different factors affecting why students choose Financial Management courses than other courses offered in UE – Caloocan and lastly and most important is to find new strategies improve and to put up the course of finance society here in our university to encourage them to choose finance courses in order to grow the number of finance students in the UE – Caloocan....
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...its mission, goals and strategy. Please read the guidelines carefully before starting your work. Part I: Identification of Organizational Mission & Goals 1) What is the business scope of the organization? Be sure to provide both consumer and product definitions of the organization’s business. 2) What is the vision of the organization? 3) What are the unique values and philosophies of the organization? 4) What are the strategic goals pursued by the organization? Part II: Analysis of External Environment 1) What opportunities and threats do you see or foresee from the general external environment of the organization? 2) What influence does each of Porter’s five forces have on the industry environment of the organization? If the organization operates in more than one industry or market, choose and focus on one in your analysis. 3) Which of the five forces represent opportunities for the organization? Which of them present threats to the organization? Be sure to justify your answers to the above questions by showing your analysis. Part III: Analysis of Internal Environment 1) Which business activities performed by the organization create value to its product(s) or service(s) and why? Which business activities do not create value and why? 2) What organizational resources and/or capabilities have enabled the...
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... Individual Essay Guidelines Worth 20% Due Week 5 Marks 20 Words 1500 • Choice of Topic from the subject outline more marks if they choose a specific topic and relate to specific brands or companies. • Discussion on theory maximum 30% • Students need to apply the marketing concepts in real life business cases. • Students get top marks if they give examples of brands or companies using marketing concepts to pursue their business. • References Harvard style • General presentation of the essay with headings and subheadings. • Research atleast 2 to 3 articles on the topic • Students need to submit a soft copy on BB and hard copy by due date. Bit more insights into the essay; Choose one of the topics below: 1. Discuss the concept of perceived value and its importance to consumer behaviour and marketing. Discuss the theory and then give practical examples of how customers perceive various brands and how this impacts on their behaviour. • Perceived value and its importance to consumers • Discuss theory • Choose 2 or 3 brands or companies and consumer’s attitude towards these • Min 2 to 3 articles on these brands 2. To evaluate an organization's Strategic Business Units (SBU), the Boston Consulting Group developed a portfolio performance framework. • Explain BCG and SBU’s • Take 2 to 3 companies and explain how these...
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