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How would you define statistics? How is statistics used in business decision making?
What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision.
How would you define a variable? What is the difference between a dependent and independent variable? Do you think we use both variables in every research? Explain why or why not. Provide examples.
How would you define dependent and independent variables? What is their significance in research? Explain with examples.
What are the four data measurement scales? Explain with examples. Which level of measurement is lowest and why?
How do we define measurement? What are various levels of measurement? How do you select measurement levels when developing a survey or data collection tool? Explain with examples.
What are data? What is the relationship between data and variables? What is your understanding of meaningful data?
intel one of the largest producers of integrated circuit chips puts a great deal of effort into expanding production of
How many units are needed to break even if each completed unit has a value of $100?
Which of the following excerpts from mission statements addresses the customer component?
Which of these is not a principal set of inputs to the company mission? demands of stakeholder groups, identification of csr auditors, managerial operating philosophy, or determinants of the product market offerings
Compare and contrast the response agencies housed at the local, state, and federal levels.
Calculate the critical ratios for the following activities and indicate which activities are probably on target and which need to be investigated.
Have you ever held a position that had direct responsibility for strategy formulation or execution? What was your role in strategy for that organization?
Briefly describe the bullwhip effect. How can process integration help prevent/minimize the bullwhip effect.
Describe the steps involved in conducting a risk and opportunity assessment.
How can I use my time in school to increase my personal “competitive advantage”? What kind of new skills can I create to be more successful?
Read the article "The Market for New Handguns: An Empirical Investigation." By Douglas C. Bice and David D. Hemley. (2002). Journal of Law and Economics. 45(251-265).
Is a certain level of stress necessary to motivate employees to perform at high level? Why or why not? Yes, it improves his or her performance.
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