...Ford Mustang Statistical Report To: Tom Jones, Director of Sales From: Statistician Date: 10/17/2010 Subject: Analysis of factors affecting selling price of Ford Mustangs Per your request, I am providing a statistical analysis of the factors affecting the selling price of Ford Mustangs. There are nine (9) variables that affect the selling price of Ford Mustangs. They are: Convertible or not Convertible, automatic or manual transmission, air conditioning or no air conditioning, GT model or non-GT, private or dealer owned, color, age of the car, mileage, and number of cylinders for engine. Data: The sales manager has provided me with the records of a randomly selected sample of 35 Ford Mustangs containing the variables listed above. I will provide you with analysis on each of the independent variables listed above in order. My analysis will include a null and alternate hypothesis. The hypothesis will be based on a 0.05 significance level. A 0.05 significance level means that I will be 95% certain of the results. I will start by evaluating the variables independently followed by the most significant variables (collectively) that affect the selling price of Ford Mustangs. Finally, I will present a conclusion based on my analysis that will accurately provide the variables that should be considered when establishing the selling price of Ford Mustangs. To determine the effect of a Ford Mustang’s selling price based on whether or not it is a convertible, I have...
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...Bloomberg L. P. However, with dividend payment of only $1.09 per share on earnings of $3.72, a payout of only 29%, far lower than the industry payout rate at maturity of 45%. The result of this low dividend payout has Sabrina Gupta, a stock analyst, reevaluating the actual value of Wal-Mart stock as a recommendation to new or existing clients. Wal-Mart was built to save people money and make their lives better. Its business model has made Wal-Mart dominant. It beats out its competitors by offering a variety of products for competitive prices. It consistently plans expansion into metropolitan and international areas. Wal-Mart focuses on cutting their expenses at a rate that exceeds revenue growth so income will grow faster than revenue. The returns are distributed to the company’s investors. Wal-Mart has paid out dividends since its first stock offering in 1974, payouts ranged from 5.6% in 1974 to 29.3% in 2010. Over the last eight years, the payout percentage increased 12.5%. Analysis In the previous four years, the Wal-Mart stock continued to grow and fare well in the market. Since 1974, Wal-Mart’s annual earnings gained an average of 25% yearly, although growth has slowed to between 5.8% and 16.4% in recent years indicating a mature company. Based on this continued growth and Wal-Mart’s continued reinvestment strategy, Ms. Gupta should pitch this stock to all her customers – long-term, short-term, dividend investors. Using the NASDAQ Dozen method, analysis conducted...
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...Bhavsar2 1.Department of Statistics, S.V. Vanijya Mahavidyalaya, Ahmedabad, Gujarat, India 2.Department of Statistics, Gujarat University, Ahmedabad, Gujarat, India Email of the corresponding Author: m_a_shah73@yahoo.com Abstract We use two and half year data set of 50 companies of Nifty along with Nifty from 1st Jan 2009 to 28th June 2011 and apply multivariate technique for data reduction, namely Factor Analysis. Using Factor analysis we reduce these 50 companies’ data (50 variables) into the most significant 4 FACTORS. These four significant factors are then used to predict the Nifty using Multiple linear regression. We observed that the model is good fitted and it explained 90 % of the total variance. Keywords: Nifty, Factor Analysis, Multiple Linear Regression, Data reduction 1. Introduction: In this paper, we applying data reduction technique of Factor analysis on the Nifty Stocksand then predict NIFTY using Multiple Linear Regression Technique. Factor analysis is a statistical technique to study interrelationship among the Variables. The idea behind factor analysis is grouping the variables by their correlation in such a way that particular group is highly correlated among themselves but relatively smaller correlation with the variables in other group, and in such each group constructs a factor. The aim is to identify the unobservable Factor(latent) that simultaneously affects all the variables and try to understand the factor so that the change in variables can...
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...Strategic Management Analysis Tools BUSI/600 – Business Research Methods October 14th, 2011 Abstract In this paper the author has decided to conduct an in-depth analysis on the strategic management analysis tools. In this paper the author will speak on several types of analysis tools and distinguish how each has a distinguishing role in the organizations planning process. In this literature review, the author will cover the SWOT Analysis, the PEST Analysis, the Value Chain Analysis, Porter’ Five Model, Four Corner’s Analysis, Boston Consulting Group Growth-Share Matrix, General Electric Matrix, and the Strategic Early Warning Systems. Hopefully, after the completion of this review the readers will have a clear understanding of how each of the analysis operate and can be applied to any organization or group. SWOT Analysis The SWOT Analysis is a technique that was developed by Albert Humphrey, who was in charge of a research project in the 1960’s and 1970’s at Stanford University using data from many organizations over the world. The ultimate goal of the study was to reveal why corporate planning was failing. After the results were formulated, Humphrey could identify many areas of concern and the tools Humphrey needed to investigate each of these areas were called a SOFT analysis (Ghazinoory, Zadeh & Memariani, 2007). Humphrey and the team used the categories “What is good in the present is Satisfactory, good in the future is...
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...ignores factors that contribute to the company’s well being, it places the company in jeopardy of failing. Succeeding in business is not an impossible task, but it is most requires consistent tasks. There are internal and external factors that affect a company, such as its internal strengths and weaknesses, and its external opportunities and threats. These factors are found within a company’s SWOT analysis, which are its strengths, weaknesses, opportunities and threats. When analyzing these conditions, management should tie these factors into the four functions of management, which are planning, organizing, leading and controlling (Bateman & Snell, 2011, p. 15). Hormel Foods Hormel Foods Corporation is a leading food company that prides itself with its original product branding. The company has a large variety of quality products that carry the company’s brand name. Quality assurance is a key factor in Hormel’s management process, and has become a staple for the brand. This paper will review Hormel’s internal and external factors, and how they relate to the four functions of management. According to MarketLine Advantage Company Profile, Hormel (2013), Hormel Foods is a branded food firm that emphasizes profitable growth. The company is empowered by their founder’s charge to “originate, don’t imitate,” as they promote a balanced selection of highly differentiated quality products. The company believes in connecting with its employees operating in an environment...
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...English Language Bridging Program for University Teachers: A. Smith & M. Webb BUSINESS & ECONOMICS Table of Contents Executive Summary ……………………………………………………………………………………………………………….ii 1. Introduction……………………………………………………………………………………………………………………….3 2. Green Marketing………………………………………………………………………………………………………………..3 2.1. The four Ps of Marketing …………………………………………………………………………………………………….3 3. The Body Shop Strategy ……………………………………………………………………………………………………..4 3.1. Product Policy……………………………………………………………………………………………………………………..4 3.2. Price Policy…………………………………………………………………………………………………………………………..5 3.3. Placement Policy ………………………………………………………………………………………………………………….6 3.4. Promotion Policy ………………………………………………………………………………………………………………….6 4. Conclusions and Recommendations…………………………………………………………………………………….7 5. References ………………………………………………………………………………………………………………………….8 List of Figures Figure 1: The Body Shop Green Products……………………………………………………………………………………..5 Figure 2: Green Planet Campaign by The Body Shop …………………………………………………………………….7 i BUSINESS & ECONOMICS Executive Summary This report analyses how The Body Shop Australia applies green marketing, using four of the elements of the marketing mix, including product, price, promotion and place. The findings indicate that the company is committed to delivering green products to customers; and building a green brand and a green company. They adopt different strategies and policies to demonstrate their awareness of environmental issues...
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...Case Analysis and Methodology Principles of Management (MGMT1120) Contents: 1. What is a business case? 2. Why use cases? 3. Is there an analysis framework to follow? 4. Case Analysis Model a. Problem Identification b. Environmental Analysis c. Creative/Practical Strategic Alternatives d. Decision Criteria e. Select Appropriate Alternative/New Strategy(s) f. Develop an implementation plan 5. Evaluate the results 1|P age 14 1. What is a business case? A business case is a “story” or “narrative” describing a problem or problems in an organization. The organization can be a profit, not-for-profit, or public sector organization. All organizations experience business problems which management must solve. Cases have been written on such organizations as Apple, Microsoft, Y.M.C.A and Royal Bank. Examples of cases are end of each chapter of your text. The “story” or “narrative” often contains additional information which gives insights into the causes of the problems. Sometimes, the case will actually propose possible alternative solutions to solving the problem. Many cases are written from the viewpoint of the manager/leader that recognizes the problem and is under pressure to find a solution. 2. Why use cases? At the JR Shaw School of Business, we take an applied approach to learning. As a student, you learn concepts/models and theories that are simplified representations of the “real world”. While it is not possible to illustrate real world issues...
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...Concept Analysis Assignment Grand Canyon University Theoretical Foundations for Nursing Roles and Practice NUR 502 Ms. Maria Mendez June 13, 2013 Concept Analysis Assignment Today’s nursing profession encompasses a variety of specialties and disciplines that demonstrate a wide range of phenomena. According to McEwin and Willis, in clinical practice, those phenomenon that are frequently seen aid advanced practice nurses in developing interventions and clinical protocols because they are said to be stable and reliable components of the practical nursing experience (McEwin & Willis, 2011, p. 47). The observed phenomena may or may not have had research studies associated with them in the past to concretely define them, and therefore the notion of concept development and analysis arose to clarify the meanings of the phenomena encountered in one’s practical setting. McEwin and Ellis define concepts as “terms that refer to phenomena that occur in nature and thought” (McEwin & Willis, 2011, p. 47). Furthermore, concepts can be concrete, nonconcrete, variable, and non-variable in manner and described in words or phrases. Concept analysis is utilized to clarify vague concepts in nursing that may be overused and unclear and also to promote a mutual understanding amongst colleagues (Falan, 2010). For the purpose of this assignment, an article found in the Scandinavian Journal of Caring Sciences regarding the concept of abuse in healthcare was selected for concept analysis. The...
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...1. Briefly compare and contrast the four techniques for analyzing the costs and benefits of a proposed system. What do you see as particular strengths and weakness of each method? The four techniques are break-even analysis, payback, cash-flow analysis, and present value analysis. All these techniques provide straightforward ways of yielding information to decision markers around the worthiness of a proposed system (Kendall & Kendall, 2014, p. 66). Break-even analysis is useful when a business is growing and volume is a key variable in costs. It can also determine how long it will take for the benefits of the system to pay back the costs of developing it. One disadvantage of break-even analysis is that benefits are assumed to remain the same, regardless of which system is in place (Kendall & Kendall, 2014, p. 67). Payback period is the length of time required to recover the cost of an investment. The payback period of a given investment or project is an important determinant of whether to undertake the position or project, as longer payback periods are typically not desirable for investment positions. There are two main problems with the payback period method: 1. It ignores any benefits that occur after the payback period and, therefore, does not measure profitability. 2. It ignores the time value of money. Because of these reasons, other methods of capital budgeting, like net present value, internal rate of return or discounted cash flow, are generally preferred...
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...Analysing Self and Organisation HR837 Self Analysis Assignment John Hall Student Number: 05020550 January 2007 Word Count: 3220 Tutor: Gillian Forster Contents Introduction: p 3 Application of Honey and Mumford Theory: p 3 Analysis of Kolb’s Learning Styles: p 6 Application of Belbin analysis: p 10 Personal SWOT Analysis: p 12 Rationale behind Personal Development Objectives: p 14 Conclusion: p 15 Bibliography: p 16 Appendix: p 17 Introduction In this assignment it is my intention to analyse a range of learning style models and relate them to a personal analysis in order to determine strengths and weaknesses and demonstrate a process of critical evaluation. These strengths and weaknesses will tie in to a personal SWOT analysis which will combine to highlight the rationale behind the Personal Development Objectives outlined towards the end of the assignment. Telford states that ‘It’s hard to imagine that our self improvement efforts will be successful without considering what is this “self” we want to improve’ Telford (2005) p9. And it is this concept which is sometimes difficult for us to embrace. The notion of looking closely at oneself and carrying out a critical analysis can at times be quite uncomfortable but as demonstrated above it is necessary in order to embark upon the process of self improvement. Honey and Mumford The dictionary definition of learning is ‘to obtain knowledge or awareness of...
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...Demographic Details 11 Data Analysis 11 Conclusion 13 Recommendation 14 References 15 Appendices 17 APPENDIX 1: Ethics Form 17 APPENDIX 2: Preliminary Data Analysis 17 Interview Questions 17 APPENDIX 3: Thematic Data Analysis 17 Interview Questions 17 Abstract This study attempted to qualitatively investigate Australian student’s perception of the impact of excessive consumption of fast food on their health, studying in Flinders University. The sample consisted of University students with a diversity of demographic details, including sex, age, and the level of education. The researcher, a 27-year old student, used a purposeful sampling strategy to select respondents for the study. Four participants were convenient in making the results of the study dependable. He used four qualitative interviews as a method of data collection. While carrying out the interviews, the researcher used both open and closed ended questions. In order to ascertain that all the data was recorded, notes taking and audio recordings were used at every stage of the interview. Preliminary data analysis and thematic data analysis were used to analyze the overall recorded information. The purpose of the study is to offer viable recommendations that would assist in alleviating the underlying problem of fast foods among Australian students studying in Flinders University. Key Words: demographic details, Preliminary data analysis, thematic data analysis, viable...
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...Applied Economics Letters, 2011, 18, 1121–1124 Management innovation, corporation core competence and corporate culture: the impact of relatedness Chich-Jen Shieh Department of International Business, Chang Jung Christian University, Kway Jen, Sector 1, 396 Chang Jung Road, Tainan, 71101 Taiwan E-mail: charles@mail.cjcu.edu.tw This study reports the results of a study of Management Innovation of Taiwanese businesses in China. Over 800 questionnaires were sent out to the Taiwanese owners/managers in Kun-Shan City, China, with 260 valid responses included in the study. Four relationships were examined in the study: the correlation between management innovation and corporation core competence, between management innovation and the corporate culture, between corporation core competence and the corporate culture and finally the effect of the corporate culture on the relationship between management innovation and corporation core competence. Findings and conclusions are discussed. I. Introduction Management innovations are processes such as new distribution methods or novel applications of technology in the management process, which enable organizations to reach their goals, and include object management, environmental research and judgment, coordination, integration and schedule control (Van de Ven, 2003; Van Ark et al., 2003b). Van Ark et al. (2003a) defined management innovation as a management product or management process that is based on some technology...
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...strategies, data analysis, and effective communication to incorporate quality and ethics. This paper highlights the importance of Total Quality Management as it relates to business ethics, the value-chain, and regarding executional and structural cost in four scenarios. The four scenarios discuss HighTech’s COO ethical issues, Harley Davidson’s value-chain, Bikes.com executional cost drivers, and Food Fare’s structural cost drivers (Blocher, et al., 2013). All are techniques in which management creates policies and procedures that will guarantee that their products and services will exceed customer’s expectations (Blocher, et al., 2013, p. 13). Problem: 1-33 (HighTech, Inc.) As the Chief of Operations (COO) with HighTech, my main focus should be on the finances of the company; unfortunately, due to the defective memory chip there are some issues that the company will face. For example, product defects, warranty costs and product recalls are a part of the TQM process that HighTech will have to deal with if and when management decides to recall or replace the defective product. Therefore, ethics is critical to the success of any business and as the COO, I have a responsibility to the company in which I work for. The IMA Statement of Ethical Professional Practice has rules and regulations that must be followed to maintain ethics in the business. For instance, professionals must maintain competence, confidentiality, integrity, and credibility (Blocher, et al., 2013, p. 22) while...
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...This exam consists of your response to a case analysis and discussion questions Case Analysis: Please respond to the questions at the end of the case titled, “Sweetest Dreams Inn”, page 655 of your text. You can provide any other remarks you wish since your points will be determined in large part by the comprehensiveness of your analysis (Breadth, Depth, and Application). Points = 15 Evaluate Mai Phan’s present strategy. What should he do? Explain. Answer: One thing for sure, he has to get market visibility. Some research is already completed by the Regional Tourist Bureau which confirms most of what he suspects; he has to change to draw in more vacationers. 78% of visitors indicated that recreational facilities were important. He is going to have to utilize the 5-Step Approach to Marketing Research to help define the problem and what information is needed (p.208) 1. Define the Problem 2. Analyze the situation. 3. Getting Problem-Specific Data. 4. Interpreting the data. 5. Solving the problem. The information provided by the research by the tourist bureau is a good starting point and he will have to get primary (information specifically collected to solve the current problem) and secondary data (information that has been collected or published already)(p.210). The best place to start is on the Internet by using search engines and databases. These provide lists of links to websites in the search parameters (p.210). The Quantitative research has been done...
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...pp. 428-429 * What is advertising? p. 429 * What are the sources where consumers can locate information about products and services? p. 429 * What is a sales promotion? pp. 429 * What is integrated marketing communications? pp. 431-432 * What are the six stages of the buyer readiness process? p. 436 * What are the different appeals used in advertising? p. 437 * What are the two types of communication channels? pp. 438-439 * What is buzz marketing? p. 439 * What are the different methods of setting a marketing budget? pp. 440, 442-443 * What are push and pull strategies? pp. 444-445 * What is personal selling? p. 444 CHAPTER 15 – ADVERTISING AND PUBLIC RELATIONS * Which firm is the world’s largest advertiser? p. 456 * What is advertising? pp. 456-457 * Which group of users use advertising the most? p. 457 * What is an advertising objective? p. 457 * What are the primary goals of reminder advertising? pp. 457-458 * What is the goal of persuasive advertising? pp. 457-458 * What are the budget decisions that need to be considered when developing an advertising program? p. 459 * What are the elements to consider when developing an advertising strategy? pp. 459-460 * What should an advertisement accomplish to be considered successful? p. 460 * What is Madison and Vine? p. 461 * What is product placement? ...
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