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a) Discuss how the Principles of Causation have aided you to successfully compete in the Marketplace simulation. Use the framework reproduced below. You need to show that you understand the principles and how such knowledge assisted your competitive effort. Illustrate your answer with at least two specific examples. Also include a brief discussion of “productivity”. Causation (Goal Oriented Activity) Basic requirements 1. Association between cause (C) and effect (E); 2. Time order of occurrence (C precedes E); 3. a) Elimination of alternative explanations b) Model the causal process. Complicating issues: i) Uncontrollable factors -natural variation -competitive response ii) Interaction effects (e.g. nature of a “sale”) iii) Lagged (delayed) effects iv) Non-linear response patterns v) Multiple effects vi) Impact of nature of target market or context
What is data mining? Compare data warehouses, data marts and data mining. How can they be integrated into the business strategies?
The PMI Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of respect and what it means for you, the project manager.
Illustrate what ways is employee diversity changing workplace. Illustrate what are some advantages also disadvantages of a more diverse workplace.
A production manager at a Contour Manufacturing plant has inspected the number of defective plastic models in 5 random samples of 20 observations each.
A firm that has recently experienced enormous growth is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Birmingham, AL. Prepare an economic analysis of the three locations given the following information:
Select one of the benefits of using the scientific method, and describe why it is beneficial. Your response should be a minimum of 200 words in length. . All sources used, including the textbook, must be referenced; paraphrased and quoted material m..
We have all experienced highway congestion and "bumper-to-bumper" traffic, but congestion is a bigger issue for supply chains and transport service providers. Why?
Why is the Supremacy and Commerce Clause important to the study of the Legal Environment of Business in today's business world?
Each of the methods in part a, determine (1) the average job flow time, (2) the average tardiness, and (3) the average number of jobs at the work center.
A small convenience store normally has one employee attending to the cash register. The average time between customer arrivals at the store is 5 minutes.
Using the Ansoff matrix, describe the method in which GE has grown the organization? What were the drivers for growing in this manner? Which of the three types of corporate parent is GE? Support your answer by the characteristics of GE’s parenting st..
Are the form and use of information and decision support systems for managers and business professionals changing and expanding? Why or why not? And has the growth of self-directed teams to manage work in organizations changed the need for strategic,..
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