...Qualitative Method of Case Analysis - EOPT Theory Case Method Used in MGMT 1P96 Fall 2013 – Brock University Prepared by Michael Robertson Revisions by Jacqueline Glenney INTRODUCTION Qualitative case analysis, as distinct from the quantitative method, deals with organizational issues that impede or prevent companies from being effectively organized. Qualitative case analysis is typically used in Organizational Behaviour, Human Resource Management, Organizational Change, Industrial Relations or any venue that is significantly impacted by human interaction. This type of analysis identifies inconsistencies, incongruities and conflicts that are sub-optimal and allows the analyst to prescribe solutions that address both the acute problems facing the organization (the individual events or actions observed) and the chronic, underlying conditions that promote these sub-optimal conditions. 1. OVERVIEW The overview is a 5 – 7 sentence paragraph that establishes the context in which any analysis or decision must be made for the case in question. This section of the report indicates to the reader that the analyst (You) understands the circumstances of the organization’s dilemma. The writer must identify the key people involved, most critical event or events that have happened and the situation that has resulted. Finally, the writer must detail the apparent decision(s) that must be made. Note: This is not an introduction and absolutely no conclusions are drawn at this point. The writer is...
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...the Quantitative Reasoning for Business (QRB) Overview document, I can be broadly categorized as techniques of management science—a field melding portions of economics, financial, accounting and operation and research into a pragmatic effort to help an aid into the decisions making process. As an area of study, these QRB are often identified by giving the fundamentals needed (stepping stones) to apply to each class thereafter. In solving a problem, I might consider both qualitative and quantitative factors. For example, in term of economics, a variety of quantitative techniques have been developed to forecast future values. Future sales are the most important variable in business forecasts. Unit sales establish levels for most business activities— from purchasing and production to marketing—and knowledge about sales is a prerequisite to the budgetary and planning process. In term of financial, I might consider different investment alternatives, including certificates of deposit at a bank, investments in the stock market, and an investment in real estate. I can use quantitative analysis to determine how much my investment will be worth in the future when deposited at a bank at given interest rate for a certain number of years. In term of accounting, quantitative analysis can also be used in computing financial ratios from the balance sheets for several companies whose stock I am considering. Some real estate companies have developed computer programs that use quantitative analysis...
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...31A00410 Quantitative Business Analysis Statistics Part, Autumn 2012 Problem set 5 The due date for this problem set is Thursday 06.12. at 14:00. Problem 1. A supplier of a raw material has agreed to deliver the material in packages of 20 kg each. As a part of quality control, a random sample of 10 packages were measured. The average weight of packages was 19.2 kg in the sample, and the standard deviation was 0.4. Test the null hypothesis that the expected weight of a package is 20 kg. The following exercises build on the previous Problem Set 4 and the data used therein. See Problem Set 4 for more detailed instructions regarding the data. Problem 2. In the previous problem set we estimated the following regression model using the data of hockey players in the Finnish league for the season 2009-2010: Goals = α + β × Shots-on-goal + ε The data for this exercise were provided in the Excel file “QBA Stats 4.xls” available on the course website. (a) Estimate the 95% confidence interval for the slope coefficient β. (This can be obtained directly by using the Excel Analysis ToolPak.) (b) Estimate the 99% confidence interval for the slope coefficient β. (The necessary statistics (critical t-value and standard error) can be computed with Excel, but you need to apply the formula for the confidence interval.) Problem 3. In another data set of hockey players in the NHL, you should have estimated a slope coefficient b = 0.1213. Test the hypothesis that β = 0.1213 in the model estimated...
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...DERY CYRIL DOMEYELLE EBA LEVEL: 300 QUANTITATIVE BUSINESS METHODS ASSIGNMENT (A) Let x = number of units of product X y = number of units of product Y z = number of units of product Z Maximize 20x + 18y + 16z (Objective function) Subject to 5x + 3y + 6z ≤ 3,000 (Machine hours constraint) 2x + 5y + 3z ≤ 2,500 (Labour hours constraint) 8x + 10y + 3z ≤ 10,000 (Materials constraint) Changing the inequalities into equalities and adding a slack variable Maximize 20x + 18y + 16z (Objective function) Subject to 5x + 3y + 6z + S1 = 3,000 2x + 5y + 3z + S2 = 2,500 8x + 10y + 3z + S3 = 10,000 Initial Simplex Tableau Solution Variables Products X Y Z Slack Variables S1 S2 S3 S1 5 3 6 1 0 0 3,000 S2 2 5 3 0 1 0 2,500 S3 8 10 3 0 0 0 10,000 Z 20 18 16 0 0 0 0 (B) Initial Simplex Tableau Solution Variables Products X Y Z Slack Variables S₁ S₂ S₃ S₁ 5 3 6 1 0 0 3,000 S₂ 2 5 3 0 ...
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...Question 1 (a) Question 1 (b) Revised probabilities for Survey study: | Conditional Probability | | Posterior Probability | State of Nature | P(Favourable result|State of Nature) | Prior Probability | Joint Probability | P(State of Nature|Favourable result) | Successful Market | 0.70 | × 0.50 | = 0.35 | 0.350.45=0.78 | Unsuccessful Market | 0.20 | × 0.50 | = 0.10 | 0.100.45=0.22 | P(Favourable result) = | 0.45 | 1.00 | | Conditional Probability | | Posterior Probability | State of Nature | P(Unfavourable result |State of Nature) | Prior Probability | Joint Probability | P(State of Nature|Unfavourable result) | Successful Market | 0.30 | × 0.50 | = 0.15 | 0.150.55=0.27 | Unsuccessful Market | 0.80 | × 0.50 | = 0.40 | 0.400.55=0.73 | P(Unfavourable result) = | 0.55 | 1.00 | Revised probabilities for Pilot study: | Conditional Probability | | Posterior Probability | State of Nature | P(Favourable result |State of Nature) | Prior Probability | Joint Probability | P(State of Nature|Favourable result) | Successful Market | 0.80 | × 0.50 | = 0.40 | 0.400.45=0.8889 | Unsuccessful Market | 0.10 | × 0.50 | = 0.05 | 0.050.45=0.1111 | P(Favourable result) = | 0.45 | 1.00 | | Conditional Probability | | Posterior Probability | State of Nature | P(Unfavourable result |State of Nature) | Prior...
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...ASSIGNMENT 2 Q1. GENDER EQUITY IN THE WORKPLACE * Gender Discrimination in employment – Title VII of the Civil Rights Act * Equal Employment Opportunity Commission * HR data on gender POSITION | GENDER | TOTAL | | Male | Female | | Managerial | 8 | 3 | 11 | Professional | 31 | 13 | 44 | Technical | 52 | 17 | 69 | Clerical | 9 | 22 | 31 | Total | 100 | 55 | 155 | a) What is the probability that a worker is a woman? b) If a managerial person is selected, what is the probability that the person is a woman? c) A special bonus is given to a person in the technical area – what is the probability that it will go to an woman given that the worker is in the technical area? Is this discrimination against male technical workers? What factors might enter into the awarding of bonus other than random selection? d) What is the probability that a professional person will be a winner to Hawaii? e) What is the probability that the winner will be either a man or a clerical worker? f) What is the probability that the winner will be an woman and in management? g) Suppose the winner is a man. What is the probability that he is from the technical group? Q2. Probability Distributions - Discrete BANKING INDUSTRYs PUBLIC IMAGE * Gallup Survey of 1002 bank customers * 80% bank their primary financial institution * 65% very satisfied with the bank * 79% banks are very important * 64% banks are more competitive today ...
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...Problem 1 The Super Cola Company must decide whether or not to introduce a new diet soft drink. Management feels that if it does introduce the diet soda it will yield a profit of $ 1 million if sales are around 100 million a profit of $ 200,000 if sales are around 50 million, or it will lose $ 2 million if sales are only around 1 million bottles. If Super Cola does not market the new diet soda, it will suffer a loss of $ 400,000. a. Construct a payoff table for this problem. Decisions @ 100 M sales @ 50 M sales @ 1 M sales GO 1 M 200,000 - 2 M NO GO -400,000 -400,000 -400,000 b. Construct a regret table for this problem. Decisions @ 100 M @ 50 M @ 1 M Worse Return Go 1,000,000 200,000 -2,000,000 -2,000,000 No GO -400,000 -400,000 -400,000 -400,000 Best Return 1,000,000 200,000 -400,000 Regret Table @ 100 M @ 50 M @ 1 M Worse Regret Go 0 0 -1,600,000 -1,600,000 No GO -1,400,000 -600,000 0 -1,400,000 Therefore, using a mini-max choice based on regret, the best choice would be “No Go”, ensuring a regret of no worse than $ -1, 4000,000. c. Should Super Cola introduce the soda if the company: 1. Conservative approach (pessimistic). Decisions @ 100 M @ 50 M @ 1 M Minimum Payoff Go 1,000,000 200,000 -2,000,000 -2,000,000 No GO -400,000 -400,000 -400,000 -400,000 The decision should be “No Go” at a maxi-min payoff of $ -400,000 2. Optimistic approach Decisions @ 100 M @ 50 M @ 1 M Maximum Payoff Go 1,000,000 200,000 -2,000,000 1,000,000 No GO -400,000...
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...Ballard Integrated Managed Services, Inc., Part 2 Data Collection QNT/351 Quantitative Analysis for Business February 25, 2013 University of Phoenix When explain the central tendency and how it relates to this survey. The measures of central tendency are the set of measurements–that is, the tendency of the data to cluster, or center, about certain numerical values. Also central tendency contains three different parts. When calculating the central tendency, you have to calculate the mean, which is the most common measure of central tendency, acts as a balance point, and is affected by extreme values (outliers). The mean is calculated by taking raw data (a group of numbers), adding them up for a total, and then dividing that total by amount of numbers within the group ( ex: raw data: 3,4,5. 3+4+5=12, then 12/3= 4. The mean equals four). The median, which is the middle value in ordered sequence (If this value is odd, middle value of sequence If this value is even, average of 2 middle values), is not affected by extreme values, position of median in sequence, and the positioning point = n+1/2. The median is calculated by taking the raw data and putting it in ascending order, with the middle number being the mean (odd ex: raw data: 1,5,3,2,4,= ordered: 1,2,3,4,5= position point= 3 median= 3) (even ex: raw data: 6,3,1,4,2,5, Ordered: 1,2,3,4,5,6, position point= 3.5 median= 3.5). And finally, calculate the mode, which is...
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...Inventory Systems Summary Christine Burns, Felicia Cobbs, Carolina Martinez, Paula Williams QRB 501 Quantitative Reasoning for Business Professor Jim Easley April 25, 2012 Inventory Systems Summary The team will introduce several factors to summarize the functions descriptions and the advantages and disadvantages of inventory systems. The descriptions of inventory systems will show how one relates to many organizations. The advantages and disadvantages will show collaboration from the team of how the inventory systems can give a good cause or show the effects as a setback. Warehouse Inventory System Transferring information inventory can be used by a public school district or a university as a barcode to scan physical records of information from a particular inventory. This process can be done as a third party software to download a particular file which holds information in inventory from one`s personal computer to a high performance data system (Ruiz-Torres, Mahmoodi, 2010). Transferring barcode data from one file to another is called warehouse inventory physical file. This process has to be done by ensuring to upload data, which is scanned from one computer to the high compatible system. Physically entering inventory allows company data history for stored input. The process involves entering information in the district demonstration field of system. The stock item of quantity has to be entered with capability of information to be displayed. The advantage...
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...|10/09/2001 | |11/06/2001 | |NORMAN ANDROSS, II |A | | |MGT/436 | |CRITICAL THINKING AND DECISION-MAKING |3 |02/12/2002 | |03/12/2002 | |ROBERT STRETCH |A- | | |MKT/421 | |MARKETING |3 |05/28/2002 | |06/25/2002 | |BARBARA CHRONOWSKI |A- | | |FIN/324 | |FINANCIAL ANALYSIS FOR MANAGERS I |3 |07/02/2002 | |07/30/2002 | |JOHN BUSHBY |B+ | | |FIN/325 | |FINANCIAL ANALYSIS FOR MANAGERS II |3 |08/06/2002 | |09/03/2002 | |STEVEN HARRIS |A | | |QNT/321 | |STATISTICS IN BUSINESS I |3 |09/12/2002 | |10/10/2002 | |DONALD STELL |B+ | | |QNT/322 | |STATISTICS IN BUSINESS II |3 |10/17/2002 | |11/14/2002 | |DONALD STELL |A- | | |ECO/360 | |ECONOMICS FOR BUSINESS I |3 |04/15/2004 | |05/13/2004 | |GEORGE SHARGHI |B+ | | |MKT/438 | |PUBLIC RELATIONS |3 |05/20/2004 | |06/17/2004 | |BARBARA CHRONOWSKI |A | | |CIS/319 | |COMPUTERS AND INFORMATION PROCESSING |3 |07/14/2004 | |08/11/2004 | |KENNETH POORMAN |A | | |MGT/431 | |HUMAN RESOURCES MANAGEMENT |3 |08/31/2004 | |09/28/2004 | |MICHAEL REILLY |A | | |MGT/448 | |GLOBAL BUSINESS STRATEGIES |3 |01/11/2005 | |02/08/2005 | |JAMES LANE |A | | |MGT/449 | |QUALITY MANAGEMENT AND PRODUCTIVITY |3 |02/15/2005 | |03/15/2005 | |PAUL HENNESSY |A | | |MGT/434 | |EMPLOYMENT LAW |3 |03/31/2005 | |04/28/2005 | |RICHARD RADOSH |A- | | |PSY/250 | |PSYCHOLOGY OF PERSONALITY |3 |05/18/2005 | |06/15/2005 | |PAUL BISHOP |A | | |HUM/102 | |INTRO TO THE HUMANITIES II RENAISSANCE TO THE PRESENT |3 |06/28/2005 | |07/26/2005 | |MARY FORSYTH |A- | | |SCI/160 |...
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...Qualitative Versus Quantitative Research Methods Martin Berkshire Indiana Tech Abstract This paper will discuss the varying thoughts of utilizing a qualitative approach to research versus a quantitative approach. It will look at scenarios from different aspects of the business world and compare the use of both approaches. Not all of the articles feel the same way about the research methods. Tauber (1987), is very clear on his take that qualitative research should be able to stand alone from quantitative research. While Carlson and Gold (2008), suggest that combining the two forms of research can lead to superior results. Qualitative Versus Quantitative Research Methods There are many types of definitions for the term Qualitative Data, according to Anderson, Sweeney, Williams (2008) “qualitative data is considered labels or names used to identify an attribute of each element.”(18) They go on to say that qualitative data can be either nonnumeric or numeric in nature and can use either the nominal or ordinal scale of measurement. The site BusinessDictionary.com defines qualitative data as “data that approximates or characterizes but does not measure the attributes, characteristics, properties, etc., of a thing or phenomenon. Qualitative data describes whereas quantitative data defines.” While the definitions of qualitative data vary, the definition of quantitative data remains fairly consistent. Quantitative data is defined as “numeric values that indicate...
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...Understanding Business Research Cherise Tholmer RES/351 June 20, 2015 Dr. Linda Wright Understanding Business Research Business research is “a systematic inquiry that provides information to guide managerial decisions” (Cooper & Schindler, 2014, p. 4). When making business decisions, it is imperative that the researcher is clear on the terms that are being used. There are different methods that are applied to conduct the research that vary from topic to topic. Many researchers sometimes use the wrong research method to when conducting business research because they do not understand what method and variables to use. This paper will explore two different articles, one using quantitative research methods and one using qualitative research methods, evaluate their strengths and weaknesses and how they can be used more effectively when combined. Quantitative research “attempts precise measurement of something”(Cooper & Schindler, 2014, p. 146) that in business research “methodologies usually measure consumer behavior, knowledge, opinions or attitudes” ” (Cooper & Schindler, 2014, p. 146). Article one titled Assessing the Effectiveness of Mental Health Courts: A Quantitative Review is a study where meta-analytic techniques are used to answer the main objective which is “to provide a clearer picture as to whether mental health courts are an empirically efficacious intervention for a significant health and criminological problem” (Sarteschi, Vaughn, & Kim, 2011, para...
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...Conduct Business Research Part 1 through 4 RES/351 November, 05, 2014 Joydip Barman Preparing to Conduct Business Research Part 1 through 4 Organizations face various problems, issues, and opportunities. Applying the principles of business research allow companies to handle business in a profitable, forward focus manner. The following information Team A will explore the inventory issues facings the food services company Sodexo. The information will begin touring issues, opportunity, and problems facing the organization. Next, the paper will tour the meaning, the possibilities, the greatness, and the prospect of finding an explanation to the issue, opportunity, and problem that Sodexo committee faces in reference inventories. Finally, the report will look into why inventories is an important issue for researching, as well as why the issue can be made better with business research. Describe the selected issue, opportunity, or problem facing the organization. Sodexo is the fifth largest food service contract companies in the United States. The company contracts with services from hospital care to campus dining. Sodexo faces an issue at several accounts with their physical inventory not be reconciled with their computerized inventory applications. Inventories are linked to the financial health of that company contract. In accurate inventory counts can potentially lead to higher cost for the customers and in a worst case scenario it could cause a business that they...
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...Preparing to Conduct Business Research: Part 3 Introduction In further discussions of the merger with Staples and Office Depot, we need to look at with is going to be the primary research design, either qualitative or quantitative. We are also going to look at the power of both the qualitative or quantitative designs and how they can coexist together. Lastly, we are going to look at what are the drawbacks of using just one method over the other. In researching all business problems, we want to ensure our research design can properly accommodate the needs of the merger. It will be our suggestion that a mixed design of both qualitative and quantitative research be considered when making the final decision of what is the best research design moving forward. Which design (qualitative or quantitative) will become the primary research design? The primary and best research design to use for this merger would be a quantitative design. The quantitative research design will help measure the employee’s attitudes, behaviors, and opinions. Staples can create a survey for their new and current employees asking them how they feel about the merger and is the transition phase going smoothly, are they happy, and if they are not what are their immediate concerns and how do they feel Staples should address these concerns. This research method would also work well with the consumers, new and old ones. Staples will be able to use this...
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...Understanding Business Research Terms and Concepts: Part 1 RES/351 April 13, 2015 The methodology used in a business study depends on the type of business research being conducted. Business researchers utilize numerous approaches to obtain information and decipher data. Two popular approaches used in business research are the qualitative research approach and the quantitative research approach. Both of these approaches to business research can be beneficial or may cause inconclusive results because of unforeseen variables. Qualitative Approach The qualitative approach or interpretive research approach main purpose is to build a theory or gain an understanding of the issue that is researched (Cooper, 2014). Using the qualitative approach can require the researcher to have debt involved with the research process typically as a participant in the study (Cooper, 2014). The qualitative approach draws data are many sources such as; people, organizations and institutions, settings or environment, published text, objects, and events (Cooper, 2014). This approach has a small sample size (Cooper, 2014). This methodology has less planning; therefore, the results may vary (Cooper, 2014). Research studies using this method are not always consistent and may be modified during the study (Cooper, 2014). An advantage to the qualitative approach is the small sample sizes because of the small sizes; the time for data analysis can also be shortened (Cooper, 2014). According to Vaivio...
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