Thursday, December 26, 2019

Questions On E Commerce Trends - 2354 Words

E-Commerce Trend: Three signs you have outgrown your accounting system Growth and expansion is an exciting part of any business venture, but having the wrong tools, software, or systems can cause headaches. Updating your accounting system from low-end software to a fully integrated system is essential to removing those headaches. It is more than just a luxury for your growing business: it is a fundamental tool that will save you time and money, while reducing frustration. How do you know when it is time? New growth means knowing when to trade in your small business accounting system for a fully integrated system that encompasses and integrates all aspects of your business. While your current software may have served you well at the outset,†¦show more content†¦If you are entering data more than twice into multiple systems, you are wasting time. A new comprehensive software system will allow you to enter all that data in one place, and allow you to view data from all other mo dules; drastically eliminating wasted time spent digging through multiple solutions to find the answers you need. A single system is necessary to save you that time and money. The issues to consider include: Managing GL on the backend, while managing sales orders and inventory systems for every single order processed High probability that data entry mistakes will be made Excess time will be spent managing multiple systems Closing up the books The third sign, revealing your need for an integrated system, involves the time required to close your books at the end of each period. With a low-end accounting system, the following issues arise: From a user s perspective, it could take several weeks to close everything and ensure the report is balanced. Gathering data from a variety of sources and applications adds delays and introduces potential errors into the data. Getting an overall picture is onlyShow MoreRelatedThe Advantages of Mobile Commerce Essay1326 Words   |  6 PagesWhat is M -commerce? The last decade has witnessed a lot of growth of mobile communication devices and wireless technologies across the globe. This has led to a change in the way many activities are conducted and opened the way for m-commerce, which is e-commerces next evolutionary stage. The significant power of m-commerce is primarily as a result of the ability to connect wireless devices anytime, anywhere (The Future of Mobile Payment Systems : Rise of the Mobile Wallet 2012-2017 [ElectronicRead MoreHow Has E Commerce Changed The Way The World Operates?1407 Words   |  6 PagesStrickler WRTC 100 Research Paper December 2, 2015 How has E-Commerce changed the way the world operates? Electronic commerce (E-Commerce) is a term for the process of buying, selling, transferring, or exchanging products, services, or information via computer networks, including the Internet. Today, people frequently buy or exchange goods and services internationally; the barrier between countries has been removed. It is true that E-commerce makes people’s lives more convenient; however, it has alsoRead MoreDespite Selling Hundreds Of Products On Amazon Or Any Other1304 Words   |  6 Pagesany other e-commerce platform, I still have a new question during every transaction. You can never have it all figured out. There is endless competition, a variety of customers with high expectations and multiple procedures to follow. With infinite factors dictating your listing, how do you come up with a unique e-commerce niche, deliver products on time and generate profit? Here are 8 strategies that personally helped me grow my e-commerce business: 1.Identify the need for an e-commerce businessRead MoreThe Affect of the Internet on Jordans Economy1714 Words   |  7 Pagesevent in the history of information and communications technology (Chircu et al, 2000). The internet has already fundamentally changed the way many organizations think about and perform their work. The last few years have shown us the revolution of e-commerce in all over the world; so many organizations take this opportunity in our dynamic environment and adapt themselves in order to take the benefits of this new business model. To improve profits and achieve strategic sustainability in a rapidly changingRead MoreAssessing The 5 Pillars Of Seo Into Actionable Strategies1385 Words   |  6 Pagesof how to take marketing ideas and produce profitable and successful conversions while increasing online visibility. After all, SEO has many parallels with other marketing strategies you are probably already employing. Many are based in market trends, best practices and industry research. Creating SEO campaigns and initiating them can be a surprisingly difficult implementation. Yes, you need to do keyword research, and create compelling content while appealing to your demographic. Not to mentionRead MoreThe Impact of Culture on Consumer Behavior1788 Words   |  7 Pagesconsumption trends. The consumer market trends are chaining in emerging markets. China and Middle East are one of the major emerging markets where the residents have extensive buying power and income on their disposal. Large organizations are following growth trends in these markets and it is also a significant development. The consumers of United Arab Emirate and United Kingdom are compared in terms of general cultural differences, impact of cultures on consumption and buying trends. FurthermoreRead MoreSecurity and Payment Issues Faced by e-commerce Business in the Hospitality Industry978 Words   |  4 Pagesviolations and cyber-attacks to e-commerce systems especially in the hospitality industry. â€Å"In 2011, Trustwave SpiderLabs conducted 42 percent more data breach investigations than in the previous year. More than 85 percent of these data breaches occurred in the food and beverage, retail and hospitality industries.† (Savitz Percoco, 2012). It seems logical that any business would understand that building a secure business is important to long term success. (Vacca, 2012). E-commerce as a catalyst has ledRead MoreThe Five Pillars Of Seo1430 Words   |  6 Pagesmost important pillar as it impacts all aspects of SEO. After all, SEO has many parallels with other marketing strategies you probably already employ, such as content marketing, social media, or PR. Many of these strategies are based on market trends, best practices, and industry research. Creating SEO campaigns and implementing them can be surprisingly difficult. You need to do keyword research, craft compelling content that appeals to your audience, and build a diversified backlink portfolioRead MoreCase Study : A Customer Centric Company Essay1700 Words   |  7 PagesA Customer-Centric Company Amazon.com Incorporated is company whose retail business is done exclusively online, formally known as electronic commerce or e-commerce. It was the book category that first caught the attention of founder Jeff Bezos, who realized that a Web store could offer more book inventory than an actual shop could offer (Cuneo, 2000). The idea was born and Amazon, a customer-centric company was created. Customer-centric is an approach that allows businesses to drive profitsRead MoreQuestions on Operations Management1661 Words   |  7 Pagesdescribed, along with operations decisions that are made. The differences between manufacturing and services are described. The history and current trends of operations management are discussed, including the impact of information systems. Finally, the interaction between operations and other business functions are described. Answers to Discussion Questions in Textbook 1. Define the term operations management. Operations management manages the resources needed to produce the company’s products

Tuesday, December 17, 2019

Great Gatsby Essay - 870 Words

The novel The Great Gatsby is a story that takes place in the 1920’s. The story tells about Nick Carraway moving to New York and the actions that take place during his time in New York. The two main characters of the story are Nick Carraway who moved to New York and the other main character is Jay Gatsby who is Nicks new neboir and a very rich man who always has parties. The main conflict in the story is Gatsby’s long lost love who is Nick’s cousin, Daisy, reunite and her husband finds out about the affair . nbsp;nbsp;nbsp;nbsp;nbsp;The story starts out with Nick moving to New York and then going to dinner at his Cousins he meets Jordan Baker who he begins a relationship with. At the dinner party they make planes to go to Tom’s,†¦show more content†¦nbsp;nbsp;nbsp;nbsp;nbsp;Nick and Jordan leave with Tom and latter found out about Gatsby and Daisy driving their car into and killing Myrtle, Gastby’s adulteress. The Driver was Daisy but Gatsby took the blame. Tom told Myrtle’s husband George and George though Gatsby was having an affair with his wife so he shoots and kills Gatsby in his pool. Then George kills himself. Nick has a small funeral for Gatsby then moves back to the Midwest. From this whole experience he comes to the conclusion that Gatsby dream represents the American dream and is at an end. nbsp;nbsp;nbsp;nbsp;nbsp;Nick and Gatsby are similar characters but Gatsby has more money and is less happy then Nick who is poor but happier. They do many things the same with similar personalities but Nick has learned to accept what life gives him and Gatsby did not accept it and would cheat lie and kill to get what he wants. nbsp;nbsp;nbsp;nbsp;nbsp;Nick and Gatsby have similar traits they show throughout the novel. In the beginning of the book one learns that they both travel long distances for the time period. Gatsby lived in Louisville and moves to New York and Nick moves from Minnesota to New York. They both have the personality trait of loneliness they show by the need of a relationship and they live alone. Kindness is another trait they both show in the story at different places they put other people in front of them. Such asShow MoreRelated Great Gatsby1497 Words   |  6 PagesIn chapter 3 of The Great Gatsby Nick is invited to one of Gatsby’s extravagant parties. He arrives only to find he doesn’t know where Gatsby is, and then he runs into Jordan Baker. Together they set off to find Gatsby and they head to the library where they find â€Å"Owl Eyes†, a drunken man trying to get sober. After talking to â€Å"Owl Eyes† for awhile they head outside again where Nick unknowingly starts a conversation with Gatsby. After revealing himself, Gatsby tells Jordan that he would like to speakRead MoreThe Great Gatsby806 Words   |  3 Pagesthey smashed up things and creatures and then retreated back into their money...and let other people clean up the mess they had made... (P. 179). During the 20s, many peoples American dream was to go out, party and be free, the roaring 20s. The Great Gatsby by F. Scott Fitzgerald is an explanation of how people acted. People went to parties, lived in luxurious homes, criticized each other, and wanted to achieve their dream by trying to live it. The Wilson marriage is a failure because its one-sidedRead MoreGreat Gatsby5612 Words   |  23 PagesThe Great Gatsby – Study Guide Chapter 1 1. Why is Nick Carraway made the narrator? The device of giving Nick the function of narrator lends psychic distance from the story. Nick is part of the action, yet he is not one of the principals. He shares some of the emotions and is in a position to interpret those of the others. However, the happens are not center on him. 2. What kind of relationship exists between Nick and the Buchanans? It is completely superficial. He speaks of themRead MoreAnalysis Of The Great Gatsby 1526 Words   |  7 Pagesperson, no matter what his or her origins, could succeed in life on the sole basis of his or her own skill and effort. The Great Gatsby is a novel about what happened to the American dream in the 1920s, a period when the old values that gave substance to the dream had been corrupted by the vulgar pursuit of wealth. What Fitzgerald seems to be criticizing in The Great Gatsby is not the American Dream itself but the corruption of the American Dream. What was once--for Ben Franklin, for example, orRead MoreProhibition in the Great Gatsby1355 Words   |  6 Pagessale of alcohol. The law was put into effect to lower the crime and corruption rates in the United States in the 1920s. It was also said to reduce social problems and lower taxes. In The Great Gatsby, F. Scott Fitzgerald examines the negative repercussions of prohibition on the economy, characters in the Great Gatsby, and on the different social classes of the 1920s. Prohibition was passed to eradicate the demand for liquor but had the inadvertent effect to raise the crime rates in American. RobertRead MoreFeminism In The Great Gatsby1643 Words   |  7 PagesSocietal conventions of the time era, however, reinforce patriarchal ideologies and traditional values, as women were expected to marry and be subservient to their husbands. This is perpetuated in works of literature of the time era, notably The Great Gatsby, published by F. Scott Fitzgerald in 1925. Feminist literary theory helps expose the misogynist undertones of the novel by examining the power relationship between men and women. The novel suggests that women are powerless and objectified in theRead MoreThe Great Gatsby Analysis709 Words   |  3 Pagesabsurdity. Looking back at the decade, some may see it as a negative and a beginning of unlawfulness that created our current era. On the other hand, others may see this time period as expressive and free spirited. F. Scott Fitzgerald wrote The Great Gatsby to display the creative side of the decade. He was able to describe what the 1920s were about by describing the distinct life of a man who lived through the decade and his crazy life story. Several characters involved in the story were bold andRead MoreColors in The Great Gatsby758 Words   |  3 Pages Colors are very apparent in The Great Gatsby. They often show up as descriptions to many important items throughout the book, and make those items resemble symbols. The color white confuses the reader, and often causes him/her to rethink their logic. It describes false purity and deception within something, which is very apparent in the character Daisy in this novel. The color grey gives the reader a comparison, and that is of humans to machines. Something that is lifeless is described as grey.Read MoreEssay on The Great Gatsby1404 Words   |  6 Pagesnouveaux riches often clashed with the established wealth, as evident throughout F. Scott Fitzgeraldâ€℠¢s The Great Gatsby. Fitzgerald’s narrator, Nick Carraway, suddenly finds himself submerged in the paper-thin morals, and shallow values of upper-class New York after migrating from the Western interior. Throughout the novel, Nick is highly cynical of American society. Thus, The Great Gatsby is Fitzgerald’s means of criticizing the worsening family structure of American society, the newfound materialisticRead MoreThe Great Gatsby635 Words   |  3 PagesThe one thing that Gatsby really wanted to show to Daisy was the mansion and the valuable belongings he owned. The reason he was so focused on making it sure it happened, could be for various reasons. When Daisy left Gatsby to marry Tom, Gatsby was heartbroken. The reason was not because she didnt love Gatsby, it was simply due to the fact that Gatsby didn’t have enough wealth back then compared to Tom. Daisy came from a not so wealthy family and having wealth played an important part in her life

Monday, December 9, 2019

Social Origins of Educational Systems

Question: Prepare a table of the three main theories of education and then write an explanation about the table and how your theory relates to the example. Answer: Table Theory theorist Description of the theory Example from Salvage Inequalities Curriculum theory John Kerr first developed the idea of curriculum theory. The idea of curriculum theory was alter used by Vic Kelly in his works. The curriculum theory mainly deals with evaluating and shaping the educational curriculum. The main aim of curriculum theory is to identify the most important unit of curriculum that helps to build the concept of the educational system. Kozol tried to bring interest among the students by imparting them lesson in the form of poems. Instructional theory Charles M. Reigeluth who was a famous American educational theorist, a reformer and a researcher first proposed the instructional theory (Reigeluth, 2013). Instructional theory helps by providing guidance to develop and help a person learn in a better manner (Entwistle, 2013). Three other theories that are, the cognitive theory, and the behaviorist theory and constructivist school of thought influence the instructional theory. As it has been mentioned in salvage inequalities that the children used to go to school in a very unhealthy manner. The furniture was old. Moreover, 40 students were able to sit and study while the remaining 45 had to stand at the back of the class. Many students did not receive textbook. Feminist educational theory or feminist pedagogy Feminist pedagogy developed in the year 1977 when the theory of gender differences in art and education was presented as an issues in studies of art education. Georgia Collins was the one who first presented her ideas regarding feminist pedagogy. Feminist pedagogy is the framework that is built on the base of feminist theory. Feminist pedagogy has a set of teaching strategies, the classroom practices and the relationship between a teacher and a student. It is rather connected learning which keeps the women studies as a centre of learning. The poor health of the infants, which increased the death rate among infants, gives a clear indication about the inequalities between the female and the male. The mothers are not given proper medication and food so that they can give birth to healthy babies. Explanation The instructional theory deals with the development of a person and the ways that can be incorporated in the learning process that will develop a child. The curriculum theory deals with the curriculum and identifying the factors that will help a child to develop. The feminist pedagogy deals with the educational strategies that mainly focus on the development of the women in the society. In Kozols book it has been seen that the students have to study in very poor conditions. The instructional theory relates to the poor conditions in which the students study. Thus, the schools violate the instructional theory. Kozol takes the help of poems to make the curriculum more interesting and the students find the lesson more interesting even in the poor conditions (Kozol, 2012). Though, the feminist pedagogy does not directly related to Kozols book, yet gives a hint to the inequalities that is carried out on the basis of race and complexion (Archer, 2013). Moreover, it demands better health con ditions for the others so that the infants are able to lead a better life. References Archer, M. S. (2013).Social origins of educational systems. Routledge. Entwistle, N. J. (2013).Styles of learning and teaching: An integrated outline of educational psychology for students, teachers and lecturers. Routledge. Kozol, J. (2012).Savage inequalities: Children in America's schools. Broadway Books. Reigeluth, C. M. (Ed.). (2013).Instructional-design theories and models: A new paradigm of instructional theory(Vol. 2). Routledge.

Monday, December 2, 2019

Lottery By Shirley Jackson Essays (876 words) - Gender Studies

Lottery By Shirley Jackson Shirley Jackson's "The Lottery" portrays a small town in which the citizens gather for a yearly lottery. Unlike the "typical" lottery, this is not one you would want to win. Throughout "The Lottery," Jackson focuses on families from the village in order to demonstrate the role of separation of genders. Gender is defined as the sexual identity of a person, especially in relation to society or culture. Gender divisions exist within the community in "The Lottery" and issues of gender help to explain the characters action and thoughts. During the lottery, everyone is equal and the society is genderless. Although the men draw as the head of the household, the women partake in the final rounds and the stoning of the victim. This is evident when "Mrs. Delacroix selected a stone so large she had to pick it up with both hands"(200). This shows that even though women did not normally participate in town events, the lottery was an exception to the rule. Young girls were also equal to young boys during this event. Both the girls and the boys stoned the victim along with the rest of the community, regardless of gender. This suggests that the lottery serves as a great equalizer abolishing all forms of separation of gender. Despite this equality during the lottery, gender does drive this story. Division of labor is evidence that a separation of gender exists. Due to the fact that Mr. Summers and Mr. Graves are men in the village, they are given the opportunity to administer the lotter. By having this chance, they gain the ability to prove to the people in the community that men are the holders of the highest positions. In his making of the list, Mr. Summers imposes his power upon the community, by determining who will draw from the box first. Gender plays a role in the purpose of the lottery. The lottery is set up to show women that by producing more children, they will lessen their chances of being chosen. This is due to the fact that in larger families, the chance of one person being chosen is reduced significantly with each additional member of teh family. The opposite is true for small families. Because women are the producers of children, they are the main target of the lottery. They are encouraged to produce more children, thereby taking upon even more responsibilities as a housewife. The social status of women in this society shows that division of gender exists. Contrary to the superiority of men, women were disenfranchised in this village. The role of women in this society is that they are to be at home with their children while their husbands work. Jackson portrays women as "wearing faded house dresses and sweaters...standing by their husbands"(195). This shows their lack of power and low placement in society. Bill Hutchinson proves his authority over his wife when he "forced the slip of paper out of his wife's hand" in order to determine who in his family would be the victim(200). They were thought of as housewives and were not given the privilege of representing their family under most circumstances. This, of course, puts women at a disadvantage. Another disadvantage for the women is that when they marry, they must draw with their husband's famliy in the lottery. Since the men are to chose the slip, the women have no say in their own fate and must accept the responsibility if their family is chosen. Only if her family is chosen, is she allowed to pick a slip, determining if she will be stoned to death. This is evident when Mr. Summers asks Mrs. Dunbar who will be drawing for her husband due to his absence in the lottery. She replies "Me, I guess". Mr. Summers answers with astonishment, "wife draws for husband, don't you have a grown boy to do it for you"(196-7). The same is true of Mrs. Hutchinson who leaves her housework in order to attend the lottery. Mrs. Hutchinson, forgetting what day it was, "dried her hands on her apron" and hurried to be with the rest of the people from the village(196). Before attending the lottery, she is required to finish the housework. She says to her husband, "wouldn't have me leave m'dishes in the sink, now would you Joe?"(196). This shows that although the even of the lottery is classless, it is evident that women were inferior to men. It is evident that gender division exists due to the difference in expectations of young grils

Tuesday, November 26, 2019

Free Essays on Greek Legacies

used today in the English language originated from Greek. Greek legacies are their governmental systems, culture and arts, and science and technology. Classical Greece was a time where the growth of a community held strong through times of plague, wars, and numerous breakthroughs. A major legacy left by classical Greece was a government based on direct democracy. With a direct democracy, citizens ruled by majority vote. The citizenship was expanded to all free males, except foreigners. Those not considered citizens were women, slaves, and all foreigners. In 621 b.c.e., Draco, an Athenian lawmaker, wrote the first legal code. In the legal code, Draco dealt with contract and property ownership. It also included debt slavery. In classical Greece, citizens were also allowed to bring charges of wrong doing with a trial by jury. Direct democracy was a new innovation that not only changed the world, but also helped classical Greece become a great and powerful nation. Another legacy left by Greece was their culture and art. With their culture, they created the Greek language. The Greeks also invented their mythology, which included gods and goddesses. Through myths, Greeks tried to understand the mysteries of nature and the power of human passion. Gods lived forever, and Greeks attributed human qualities to them. The Olympic Games were originated in Greece around 776 b.c.e. They were dedicated to the god Zeus. The Greeks even suspended the wars between city-states so the athletes of the Olympics could compete. Philosophers, lovers of wisdom, were determined to seek the truth. There philosophy was based on two assumptions: that the universe (land, sky, and sea) is put together in an orderly way, and subject to absolute and unchanging laws, and that people can understand these laws through logic and reason. The three main philosophers of classical Greece are Socrates, Plato and Aristotle. Socrates had many followers due... Free Essays on Greek Legacies Free Essays on Greek Legacies Many of the words used today in the English language originated from Greek. Greek legacies are their governmental systems, culture and arts, and science and technology. Classical Greece was a time where the growth of a community held strong through times of plague, wars, and numerous breakthroughs. A major legacy left by classical Greece was a government based on direct democracy. With a direct democracy, citizens ruled by majority vote. The citizenship was expanded to all free males, except foreigners. Those not considered citizens were women, slaves, and all foreigners. In 621 b.c.e., Draco, an Athenian lawmaker, wrote the first legal code. In the legal code, Draco dealt with contract and property ownership. It also included debt slavery. In classical Greece, citizens were also allowed to bring charges of wrong doing with a trial by jury. Direct democracy was a new innovation that not only changed the world, but also helped classical Greece become a great and powerful nation. Another legacy left by Greece was their culture and art. With their culture, they created the Greek language. The Greeks also invented their mythology, which included gods and goddesses. Through myths, Greeks tried to understand the mysteries of nature and the power of human passion. Gods lived forever, and Greeks attributed human qualities to them. The Olympic Games were originated in Greece around 776 b.c.e. They were dedicated to the god Zeus. The Greeks even suspended the wars between city-states so the athletes of the Olympics could compete. Philosophers, lovers of wisdom, were determined to seek the truth. There philosophy was based on two assumptions: that the universe (land, sky, and sea) is put together in an orderly way, and subject to absolute and unchanging laws, and that people can understand these laws through logic and reason. The three main philosophers of classical Greece are Socrates, Plato and Aristotle. Socrates had many followers due...

Saturday, November 23, 2019

Cheating Behavior and Students Morality

Cheating Behavior and Students Morality Cheating is a widespread, increasing in its prevalence, and perhaps the most unpleasant aspects of teaching and learning. The result of the study in higher education suggests that cheating only occurs if there is an opportunity to cheat and it is possible for teachers to eliminate cheating without creating a scandal. Hashtag: #YgsKopyaSkandal? (YGS Cheating Scandal) Cheating Behavior and Students’ Morality Kohlberg’s model of moral reasoning suggests that motivation for learning change from childhood to adulthood thus those with higher levels of moral reason cheat less. However, study shows that students level of moral reasoning were not associated with cheating. In fact, students with low-level moral reasoning tend to obey school authority thus normally do not cheat while older students with higher levels of moral reasoning often rationalize cheating as situational demands. LEARNING MORAL VALUES IN COLLEGE MOVIES Results of studies on cheating behavior suggest that external factors have a greater influence on older students cheating behavior than internal factors or perception of right and wrong. Moreover, although many college students do perceive cheating as wrong, most of them believed that such act is a normal  part of life and plainly accept cheating a part of their college experience. However, close monitoring tends to thwart cheating in older students with more mature reasoning. Similarly, smaller class size appears to discourage cheating while students with clear knowledge of what constitute cheating usually are not involved in such immoral act. For instance, study shows that students who willingly provided test answers to peers are mostly unaware that it was cheating. Environmental factors such as teacher intervention can greatly reduce the occurrence of cheating and avoid dramatic cheating scandal similar to #YgsKopyaSkandal? For instance, large universities tend to respond to student cheating by instigating scandalous actions rather than protecting the interest of parents and students and preserving academic integrity through prevention and classroom reforms. For instance, directly teaching students of what constitutes cheating and greater emphasis on mastery of tasks rather than grades are beneficial classroom reforms. Preserving Academic Integrity without a  Scandal Cheating is a widespread, increasing in its prevalence, and perhaps the most unpleasant aspects of teaching and learning. The result of the study in higher education suggests that cheating only occurs if there is an opportunity to cheat and it is possible for teachers to eliminate cheating without creating a scandal. The literature has demonstrated that majority of students perceived cheating as an acceptable behavior and youths of all ages are likely to engage in some form of cheating. Cheating is an academic crime but there can be serious legal consequences if a teacher falsely accuses a student of cheating. The most effective approach a teacher can adopt therefore is to prevent cheating by establishing cheating policies and strictly enforcing them. Primarily, a teacher on the first day of class has the opportunity to state his or her position about cheating clearly and why school considers such act as a crime. It is also helpful to explain its consequence using relevant situations such as the fact that since many of them will be competing with other people for jobs in the near future, a person who cheats and gets  illicit high grades from it is literally cheating everyone out of a job. Teaching styles that promote cheating such as grading on a curve and covering too much material on a single examination should be avoided. The reason is that students often cheat when the stakes are high and consequences are low. Moreover, research shows that likelihood of cheating is strongly linked to the quality of teacher-student relationship and students’ level of respect for the teacher.

Thursday, November 21, 2019

BUSINESS DATA ANALYSIS Essay Example | Topics and Well Written Essays - 2750 words

BUSINESS DATA ANALYSIS - Essay Example R., Sweeney, D. J. & Williams, T. A. (2008). Essentials of Modern Business Statistics (4th Edition). Ohio: South-Western Cengage. 19 Abstract The present paper discusses the way that HH Industries had been running their business over a year. It attempts to assess their trends in customer sales and orders received in addition to the way that their machines are functioning. The industry consists of three profit centers based in Florida, Arizona and Pennsylvania whose operations are being examined separately. Introduction The situation prevailing over HH Industries is examined in the present case. It tries to assess the summary statistics for variables such as customer purchases and sizes of order for all three component profit centers as well as the entire company. This is the way through which it attempts to examine the trends that the company is taking over time. Methods In order to attain the objectives of the paper, central tendency methods and probability distributions have been u sed with the help of MS-Excel. Results, Conclusions and Recommendations Answer to Question 1 a) The relative frequency distributions and histograms for the company’s daily average order size in the first and second quarters have been presented underneath – For Quarter 1 For Quarter 2 Histogram representing of the company’s daily average order size for Quarter 1 Histogram representing of the company’s daily average order size for Quarter 2 b) The following charts display the histograms representing daily total orders of the company, for each quarter. Frequency of the company’s daily orders around the 3rd quarter of 1990 Frequency of the company’s daily orders around the 4th quarter of 1990 Frequency of the company’s daily orders around the 1st quarter of 1991 Frequency of the company’s daily orders around the 2nd quarter of 1991 c) Each quarter is found to be displaying almost equivalent trends in terms of daily orders received by the company. During the 3rd quarter of 1990, the company’s daily orders had been quite high and uniformly distributed. This implies that the proximity in the location of mean, median and mode in this case. However, this uniformity is visible more for the lower amounts of orders in contrast to that of the 1st quarter of 1991 which shows uniformity for the higher orders. On the other hand, this consistency cannot be noted in the 4th quarter of 1990. The 2nd quarter of 1991 on the other hand displays a consistency in the number of orders received throughout the period. A possible conclusion which could be drawn from the above statements is that the people are instigated to purchase more frequently over the years gradually as the company attains more and more popularity with them. It might also be possible that the customers to the company have realized the higher expenditure involved in storing inventories which is why they have shifted towards making smaller purchases freque ntly. Answer to Question 2 a) The central tendency measures computed for the quarterly data on number of orders and average order size have been presented in the following table – Central Tendency Measures Quarter 3 of 1990 Quarter 4 of 1990 Quarter 1 of 1991 Quarter 2 of 1991 Daily orders Average order size Daily orders Aver