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WidgeCorp became the market leader in snack foods after acquiring a rival company, Company W. Their management style and business decision-making differed. Employees at WidgeCorp collected relevant data and through statistical analysis used this information to draw conclusions and make appropriate recommendations. Company W tended to rely on the experience and judgment of its managers. For the time being, both companies are being managed separately, but within the next twelve months they will merge all management, processes, and accounting.
Describe to upper management the chosen multivariate technique, factor analysis for the company, WidgeCorp to branch into the cold beverage industry. How is it different than the other 2 techniques - multi-dimensional scaling, and cluster analysis? How has at least one other real-life company used the factor analysis technique to address a business problem and how might that technique be used at WidgeCorp?
Why do you think it is important to approach decision making with an underlying methodology in mind.
Leadership: Motivating Employees - Why might bosses also need praise and what potential benefits can come for the boss and the employee from this type of praise?
Is it good strategy to have high or low switching costs?
In your own words and without references, based on your own experience, using the Theory of Constraints, identify scheduling or resource allocation constraints from past work experience or a familiar company situation.
Define sampling error. Could the value of the sampling error be zero?
Complete a financial analysis on Target Corporation. Use all relevant rations.
The conventional wisdom says the 1999-2006 residential real estate "bubble" in the U.S. and the subsequent collapse of global financial markets were caused by a failure of the free market. What's wrong with that assertion?
EFFECTIVE USE OF ELECTRONIC MEDIA Road blocking is the media technique of buying ad time on all major networks in the same time spot. This can give the market an impression of strength as well as being everywhere.
Analyze and discuss the current market conditions of the organization/industry you selected during Week One.
Manning and Curtis list four major types of change that affect the workplace: Structure, Tasks, Technology, and People.
Select three countries from this region and read Country Commercial Guides report sort materials provided on that country. Select the country which you believe would be most conducive to the small business owner trying to break in a foreign market.
How should ethics influence leadership decision making so patients will be able to receive the care they need versus the care they want?
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