Advantages: Information technology (IT) benefits the business world by allowing organizations to work more efficiently and to maximize productivity. Some of the advantages that IT can have on our enterprise are given as following. 1. Storage: Information technology creates electronic storage systems to protect our company’s valuable records. 2. Automated Process: In business‚ people look for ways to do more work in a shorter amount of time. IT improves our company’s efficiency by developing
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Advantages of E-Business Strategy E-business is the new mantra of businesses in today’s world and its advantages vary on the type of business or organisation based on their products or services. As the saying goes ‚ one man food is another man poison so strategy that is best for firm A might be the least efficient for firm B. E-business gives a business/firm the opportunity to open its portal to the global market and become a part of the global business community. The most important feature of
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Business Research Methods Abbott Laboratories is faced with the dilemma of an expiring drug patent and is seeking an additional indication from the Food and Drug Administration (FDA) for its cholesterol drug Niaspan. In order to receive an indication from the FDA‚ a drug company must present two successful studies with the intended outcome. Niaspan has the FDA indication to raise HDL-C‚ reduce secondary non-fatal myocardial infarction‚ and regression of atherosclerosis in combination with a bile
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applied or basic research. Scenario 1 This is a general issue that relates to all or most companies contemplating acquisitions. Of course‚ the results of the study are likely to be useful to‚ and applied by all the concerned companies. This could fall into the realm of basic or applied research‚ depending on who sponsors the study. If one company or a consortium of companies investigates the issue to find an answer for immediate application‚ then it will be applied research On the other hand
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Eynesbury: Quantitative Methods for Business 2011(3) Assignment 2: Due Monday 16th January 2012 at 5:00pm The assignments are to be submitted via the submission link on the Portal. Any submission handed to your teacher in paper form will not be accepted without prior written approval. E-mail versions of the assignment will not be accepted. Assignments submitted late‚ without an extension being granted‚ will attract a penalty of 10% per each working day or part thereof beyond the due
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Advantages of the use of the scientific method in psychology There are a number of advantages to using scientific methods in psychology. Firstly an important aspect of imperial data is that it is objective‚ i.e. not affected by expectations of the research. So‚ without objectivity we have no way of being certain that data collected is valid. An example of this is seen with Gardner & Gardner. When they observed Washoe they might have judged that Washoe was using real words because they wanted
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1. Assume the room rate for a 3-star hotel in Paris follows a normal distribution with a mean of 175€ and a standard deviation of 16€. What is the probability that a randomly selected 3-star hotel has a room rate of Z(X) = (x-μ)/σ σ=16 μ=175 a) Less than 195 Euros? Z (195) = (195-175)/16 = 1‚ 25 so 89‚ 4% b) More than 180 Euros? Z (180) = (180-175)/16 = 0‚ 31 so 62‚ 2% c) Exactly 170 Euros? Z (170) = (170-175)/16 = - 0‚ 31 so 37‚ 8% d) Between 150 and 182 Euros?
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Homeland Security: Response and Recovery By: Brian Borenstein Introduction of the study Terrorism refers to an organized and systematic use of terror aiming to produce coercion or terror that is influenced by organized groups against civilians‚ and institutions. In connection with the background statements of this paper‚ the study shows that terrorism is an extreme undesirable event for the reason that the main objective of the activity will be to produce injury and damage
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NV4602 Research Methods for Postgraduate Study Qualitative Research Objectives for today When you have satisfactorily completed this topic you will be able to: Classify research interviews and understand their purpose Understand when to undertake interviews Understand the advantages and disadvantages of interviews Case Studies Action Research Observation Ethnography lbic.navitas.com navitas.com Qualitative Methods When should I use qualitative methods? When variables cannot
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of the most profitable divisions to the least profitable divisions Interval – ranking scale of profitability among various divisions Ratio – ratio of profitability each year 2. Ch. 12 - 2 -- Assume you are Menu Foods and you planned a major research study just prior to the largest pet food recall in our history. You plan to proceed with the study and feel you must add one or more questions to measure the consumer’s confidence that your firm will be able to recover. Draft a scale for each of
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