RESEARCH METHODS FOR BUSINESS Assignment Example | Topics and Well Written Essays - 750 words

RESEARCH METHODS FOR BUSINESS - Assignment Example There is evidence that the average customer satisfaction score is age-dependent. These are questions number 2 and number 7 in the questionnaire that the customers of the gymnasium during the weeks filled. The relatively younger customers tend to have been more satisfied by the services of the gymnasium as compared to the older ones. Those in the age groups 16-24 and 25-44 scored highly in the level of customer satisfaction in the ranges of 4 and 5 as opposed to the older ones in the age groups of 45-64 and above 65 who had lower scores of customer satisfactions in the ranges of 1 and 2 on average. The data establishes that indeed the mean willingness-to-pay for membership of the upgraded Gymnasium is at least  £75. This is question number 6 in the questionnaire that the customers of the gymnasium during the weeks filled. More than half of the people from whom data was collected concurred the maximum amount they would be willing to pay for monthly membership to the upgraded Gymnasium is more than  £75. This makes it a fact that the members of the gym are willing to pay a minimum of  £75 monthly for the services of the gymnasium. The gymnasium has way much more males than females. However, on average, there is a slight difference between the willingness-to-pay for membership of the upgraded Gymnasium of male and female customers. The females are slightly more willing to pay a higher amount on average of the fee than the willingness of the males on average. In accordance to a two-variable linear regression that describes the relationship between household weekly net income and willingness-to-pay for membership of the upgraded Gymnasium there is indeed a relationship between the household weekly net income and willingness-to-pay for membership of the upgraded Gymnasium. According to this regression, the estimated willingness-to-pay of a customer with a household weekly net

Concepts Learned to a Real-life Simulation Experience Research Paper

Concepts Learned to a Real-life Simulation Experience - Research Paper Example Now, on the right hand side of the equation, ‘e’ is taken as the number of times the interest is compounded. Now if we substitute the values in the equation we can get the following results. National First    Prime Rate 3.25% Floor Rate 6.75% Number of times compounded Semiannually i 0.1 e 2 a 10.25% Regions Best    Prime Rate 13.17% Number of times compounded Monthly i 13.17% e 12 a 13.99% (ii) Thus it is apparent from the above calculation that the company should borrow from National First Bank as it is charging interest at a lesser Equivalent rate which is 10.25%. If we suppose that the company acquires loan amounting to $ 8 million, then following will be the annual interest charge that the company will have to record in its income statement Loan Amount Bank Rate on interest Interest Charge $ 8,000,000 National First 10.25% $ 820,000.00 $ 8,000,000 Regions Best 13.99% $ 1,119,200.00 Thus it is apparent from the above calculation that in case of National First Ban k, the company would have to pay lesser amount of interest as compared to that if the loan amount was obtained from Regions Best Bank. By adopting to obtain funds from National First, the company will save $299,200 on account of interest payments. (iii) Evaluating the proposal of Regions Best, the following formula is to be used (Figure a) The above mentioned formula is termed as the formula for ‘annuity’ in which â€Å"P† is the present value of the cumulative amount, â€Å"R† is the period payments, â€Å"I† is the period interest rate and â€Å"n† is the number of period for which the funds were borrowed. As per the terms decided with the Regions Best, the company will pay interest at 8.6% which shall be compounded monthly (that is why the ‘I’ in the formula of annuity has been divided by 12). Substituting the values we get P $ 6,950,000 i 8.60% n 5 years R $142,925 monthly Following is the loan schedule further explaining the computation Loan Schedule Months Opening Balance Annual Payments Interest Charged (8.6/12) Principal Paid Closing Balance 1 6,950,000 142,925 49,808 93,117 6,856,883 2 6,856,883 142,925 49,141 93,784 6,763,099 3 6,763,099 142,925 48,469 94,456 6,668,643 4 6,668,643 142,925 47,792 95,133 6,573,510 5 6,573,510 142,925 47,110 95,815 6,477,695 6 6,477,695 142,925 46,423 96,502 6,381,193 7 6,381,193 142,925 45,732 97,193 6,284,000 8 6,284,000 142,925 45,035 97,890 6,186,110 9 6,186,110 142,925 44,334 98,591 6,087,519 10 6,087,519 142,925 43,627 99,298 5,988,221 11 5,988,221 142,925 42,916 100,010 5,888,212 12 5,888,212 142,925 42,199 100,726 5,787,485 13 5,787,485 142,925 41,477 101,448 5,686,037 14 5,686,037 142,925 40,750 102,175 5,583,862 15 5,583,862 142,925 40,018 102,907 5,480,955 16 5,480,955 142,925 39,280 103,645 5,377,310 17 5,377,310 142,925 38,537 104,388 5,272,922 18 5,272,922 142,925 37,789 105,136 5,167,786 19 5,167,786 142,925 37,036 105,889 5,061,897 20 5,061,897 142,92 5 36,277 106,648 4,955,249 21 4,955,249 142,925 35,513 107,412 4,847,836 22 4,847,836 142,925 34,743 108,182 4,739,654 23 4,739,654 142,925 33,968 108,958 4,630,696 24 4,630,696 142,925 33,187 109,738 4,520,958 25 4,520,958 142,925 32,400 110,525 4,410,433 26 4,410,433 142,925 31,608 111,317 4,299,116 27 4,299,116 142,925 30,810 112,115 4,187,001 28 4,187,001 142,925 30,007 112,918

Tutor assessor Essay Example for Free

Tutor assessor Essay 2.1 Demonstrate how to establish communication and language need, wishes and preferences of individual Communication is a two way process, effective communication requires individuals involved to be able to express their thoughts and messages in order to communicate with others. When dealing with children In my setting, I establish their communication need, wishes and preferences by speaking to the parent/carers to establishing the needs of the children, I also refer so the notes taken when they joined my setting it is difficult to communicate with very young children who have not yet developed their speech, I point and use exaggerated facial expressions, point to things and gestures. Babies cry to communicate and express themselves, they will cry to express discomfort, when hungry, hurt or in need of attention, it is my job as child-minder to interpret what the baby is trying communicate and express It is much different when dealing with adults, you can speak to them directly and establish their needs and preferences, I can work out if someone cannot speak English, in this case, I ask them what language they speak or understand and try to facilitate by getting an interpreter if possible, I also use notes and simple language and words which are easier to understand in order to establish a communication avenue. It is also important to establish what formalities the client need some people like to be addressed by their last name, this should be respected. It is good establish if the client is comfortable in written communications.

Lifetime - Television for Women :: Televisaion Media TV

Lifetime - Television for Women Launched on February 1, 1984, Lifetime was created by the merger of Daytime and Cable Health Network. Lifetime was crowned â€Å"Television for women† in 1994 and began an ambitious expansion of original programming and public service initiatives targeted to women. Lifetime is dedicated to providing contemporary, innovative entertainment and information on-air and online that is of particular interest to women. Lifetime shows its commitment to the expansion of women within three main contributors, which are the Lifetime original movies, Lifetime television series, and Lifetime channels. These three categories bring out the point of the Lifetime network and shows exactly what Lifetime strives to achieve, women and making connections. Lifetime television shows feature women in many different aspects of everyday life and how women try to achieve success by overcoming the many obstacles put in their way in their fight to the top. Two of the top television shows on Lifetime include, â€Å"Any day Now,† which is about two women with two different lives trying to get through all of life hardships and are bonded by their incredible lifelong friendship. Another top show is â€Å"Strong Medicine,† which is about two women doctors with very different backgrounds and working styles who come together to take on the world of medicine. These television show are perfect examples of the wonderful types of entertainment Lifetime has to offer. Lifetime movies are one of the many unique features of the network. Each month there is a original movie broadcast. All of the movies are stories of courage, triumph, and success. They give all viewers a look at reality and how women can rise above any challenge. There are two Lifetime channels besides the basic cable network. There is the Lifetime Movie Network and Lifetime Real Women. The Lifetime Movie channel has movies from a women’s perspective and distinctive point of view, movies for and about women that connect with who they are and their experiences. The Lifetime Real Women channel is a place where honest, true-to-life stories important to women are told in a heartfelt meaningful way. Lifetime entertainment has proven to be phenomenally successful with strong ratings and high consumer demand. The networks commitment to its viewers has been recognized over and over again by leading women’s groups and nonprofit organizations.

Case Study Essay

If I could describe McDonald’s business strategy in one word, I would definitely say ‘smart’. And I mean that in the best-rounded way. I very strongly agree with McDonald’s CEO, Steve Easterbrook, when he says, â€Å"If you get the people right, the rest will follow†. I believe that it is all a domino effect in the way an organization works; happy employees make for better production. McDonalds has proven itself as a good employer because of its five â€Å"people principles† that focus on keeping the employee happy and comfortable first and foremost. I think that they are successful because of the way they hire their employees. Because McDonalds strives for excellent service and quality, they work hard at finding the correct employees and retaining them, thus creating an experienced and capable taskforce. 2. McDonalds has aligned its business, human resource, and staffing strategies by connecting all three of these fields to one main source: the employees. By raising its hiring standards, McDonalds has hired, trained, and retained employees that are enthusiastic about giving their all to the customer. 3. Some possible talent-related threats that could eat away at McDonald’s competitive advantage would be when their teenage employees are ready to move on to other companies where they can build a career. Higher turnover would definitely be a problem for all companies, not just McDonalds. I don’t believe a tight labor market in which it is difficult to find talented people would be a problem for McDonalds because you don’t have to be highly educated or have any educational qualifications to work at the company. To maintain its competitive advantage over the next five years, I recommend that McDonalds simply continue doing what they are doing. They look for all the ri ght qualities and potential in their employees, so I believe they will always be successful on the ‘people part’.

Essay about Sexual Harassment in the Workplace - 625 Words

Sexual Harassment is a growing problem in todays workplace. This paper will establish the signs and causes of harassment. and the growing number of cases through statistics and actual cases. What exactly is sexual harassment? Many people cannot actually define the term properly and give reasons. Many misconceptions of harassment have been conceived. The term sexua l harassment is defined in legal terms, Sexual harassment is any unwelcome sexual advance or conduct on the job that creates an intimidating, hostile or offensive working environment. (Petrocelli, Repa, pg.  ½). Women of all ages, backgrounds, races and experience are harassed on the job. Many acts of harassment can fall into this category, and range from severe to minor.†¦show more content†¦In this case harassment can act as a sign of power and control, and make the harasser feel in a more powerful position. Many men sometimes feel that a women can be an economic competitor. The number of working women in the labor force has increases from 15% in 1860m to 32% in 1947, and then jumped to 60% in 1994. Many higher positioned men feel they are not good enough if a women is in position to take ov er. A study conducted by Women Employed Institute states: #61623; Female high school graduated earned 29% less then male high school graduates. #61623; Women college graduates earned 27% less then male college graduates. #61623; Women with doctorate degreess earned 21% less then males with doctorates. #61623; Women with high school degress earned olny $2,017 a year more then males with less ninth grade education. Another factor that may be a form of sexual harassment is discrimination as a form of workplace control. In many cases sex discriminaton forces women into lower paying jobs, sexual harassment helps keep them there. By harassing a women, a man displays the consequences is they shall seek high positions. In some cases a woman is fired for refusing to go along with the sexual demands of her employer. In one case, A federal court found that a female bartender was fired because she refused her supervisors plea to rub against his sexual organ, even though the employer argued she was fired for her use ofShow MoreRelatedSexual Harassment At The Workplace1697 Words   |  7 PagesSexual Harassment in the Workplace Eva L. Mendez-Zacher MG260, Business Law I 28 September 2014 Dr. Anita Whitby Abstract I’m conducting a study on Sexual harassment in the workplace. Sexual harassment is possible in all social and economic classes, ethnic groups, jobs and places in the community. Through this study I hope to clarify the common misconception that sexual harassment is an isolated female problem. Although the majority of the cases reported are in fact male on femaleRead MoreSexual Harassment At The Workplace990 Words   |  4 PagesIt is great to have a workplace where you are friends with your coworkers. But what happens when coworkers talk about other coworkers in a sexual context. Two male coworkers talking about female staff where coworkers in the area can hear. Your manager suggests that they can help you earn a promotion if you go out with them. This puts employees in awkward situations where they might not know if this is considered sexual harassment. If it is, an employee maybe unsure what to do about it. AccordingRead MoreSexual Harassment And The Workplace963 W ords   |  4 PagesSexual Harassment in the Workplace There are federal laws put in position to prevent sexual harassment in the workplace. Most employees sometimes don’t even realize what sexual harassment is are when they are committing this violation. On the flip side an employee may not realized when they are being sexually harassed and when is the appropriate time to speak up. Education on sexual harassment has increased within the workplace as cases are more public and fines are getting steeper. In this researchRead MoreSexual Harassment And The Workplace1396 Words   |  6 PagesEssay #3 Sexual harassment in the workplace has always been an issue, even before women were introduced into the working environment in the twentieth century. In recent years this issue may have become more publicized than before and not as overlooked as it used to be, but it unfortunately affects people all across the nation, both men and women alike. From that fast food chain where your kid is working at, to that fortune 500 company you’ve never heard of, it is happening. Over the last severalRead MoreSexual Harassment At The Workplace2180 Words   |  9 PagesSexual harassment is among the many factors that make employees uncomfortable at the workplace. This vice is a sum of all the unwelcomed advances of sexual nature that employees go through from their colleagues or superiors. There is no gender limit to sexual harassment since both males and females may be coerced to engage in some things for sexual favours. Sexual harassment takes both verbal and physical form. Since managers are responsible for the provision of a comfortable working environmentRead MoreSexual Harassment At The Workplace1253 Words   |  6 PagesSexual Harassment in the Workplace What cause sexual harassment in the workplace? Sexual harassment is defined as discrimination towards sex. It is unwanted verbal and/or physical contact between two human beings, however, in this case I would like to focus on the workplace (co-worker or supervisor). Based on Civil Rights Act of 1991, there has been an increased amount of incentives for employer’s prohibition conducts of sexual harassment. How people perceive and evaluate sexual harassmentRead MoreSexual Harassment And The Workplace1697 Words   |  7 PagesSexual Harassment in the Work Place: Building More Awareness In today’s society, sexual harassment in the workplace has become a problem. This problem should have more attention and awareness provided to help stop these situations from happening. Sexual harassment can happen anywhere, at any time, and to everyone. It does not discriminate and effects all ethnicity, genders, age, and races. Due to the larger number of cases presented in courts today, sexual harassment in the workplace continues toRead MoreSexual Harassment At The Workplace1359 Words   |  6 Pagesfor any company to legally define what constitutes sexual harassment in the workplace, but there are many ways to define sexual harassment. Everyone has different views and tolerance levels towards sexual harassment. When a case of sexual harassment occurs in a workplace, however, it comes down to how the courts define sexual harassment. The Supreme Court defines sexual harassment to be unlawful in two ways. â€Å"The first type involves sexual harassment that results in a t angible employment action;† thisRead MoreSexual Harassment And The Workplace Essay1466 Words   |  6 PagesSexual Harassment in the Workplace Introduction Sexual harassment is an ethical problem in the workplace. Sexual harassment is defined as unwelcome verbal, visual, or physical conduct of a sexual nature. It can affect your working conditions and creates a hostile work environment. It can also affect productivity, satisfaction, retention, patient care and safety, your physical well-being and mental health. It can also cause low staff morale, increased absenteeism and attrition of staff. This studentRead MoreSexual Harassment And The Workplace1608 Words   |  7 Pagessubject to sexual harassment ranging from sexually degrading comments to physical acts of sexual assault. Unfortunately for the women working at the mine, that was only the beginning of the harassment they’d experience. If this was not damaging enough, women were deterred, if not, outright sanctioned for reporting instances of harassment to management. It is reasonable to assume that culture at Pearson Taconite and Steel fostered a hostile work environment for women. Though the issue of sexual harassment

On Virtue and Happiness, by John Stuart Mill

English philosopher and social reformer John Stuart Mill was one of the major intellectual figures of the 19th century and a founding member of the Utilitarian Society. In the following excerpt from his long philosophical essay Utilitarianism, Mill relies on strategies of classification and division to defend the utilitarian doctrine that happiness is the sole end of human action. On Virtue and Happiness by John Stuart Mill (1806-1873) The utilitarian doctrine is, that happiness is desirable, and the only thing desirable, as an end; all other things being only desirable as means to that end. What ought to be required of this doctrine,what conditions is it requisite that the doctrine should fulfill, to make good its claim to be believed? The only proof capable of being given that an object is visible, is that people actually see it. The only proof that a sound is audible, is that people hear it; and so of the other sources of our experience. In like manner, I apprehend, the sole evidence it is possible to produce that anything is desirable, is that people do actually desire it. If the end which the utilitarian doctrine proposes to itself were not, in theory and in practice, acknowledged to be an end, nothing could ever convince any person that it was so. No reason can be given why the general happiness is desirable, except that each person, so far as he believes it to be attainable, desires his own happiness. This, however, being a fact, we have not only all the proof which the case admits of, but all which it is possible to require, that happiness is a good, that each persons happiness is a good to that person, and the general happiness, therefore, a good to the aggregate of all persons. Happiness has made out its t itle as one of the ends of conduct, and consequently one of the criteria of morality. But it has not, by this alone, proved itself to be the sole criterion. To do that, it would seem, by the same rule, necessary to show, not only that people desire happiness, but that they never desire anything else. Now it is palpable that they do desire things which, in common language, are decidedly distinguished from happiness. They desire, for example, virtue, and the absence of vice, no less really than pleasure and the absence of pain. The desire of virtue is not as universal, but it is as authentic a fact, as the desire of happiness. And hence the opponents of the utilitarian standard deem that they have a right to infer that there are other ends of human action besides happiness, and that happiness is not the standard of approbation and disapprobation. But does the utilitarian doctrine deny that people desire virtue, or maintain that virtue is not a thing to be desired? The very reverse. It maintains not only that virtue is to be desired, but that it is to be desired disinterestedly, for itself. Whatever may be the opinion of utilitarian moralists as to the original conditions by which virtue is made virtue, however they may believe (as they do) that actions and dispositions are only virtuous because they promote another end than virtue, yet this being granted, and it having been decided, from considerations of this description, what is virtuous, they not only place virtue at the very head of the things which are good as means to the ultimate end, but they also recognize as a psychological fact the possibility of its being, to the individual, a good in itself, without looking to any end beyond it; and hold, that the mind is not in a right state, not in a state conformable to Utility, not in the state most conducive to the general h appiness, unless it does love virtue in this manner—as a thing desirable in itself, even although, in the individual instance, it should not produce those other desirable consequences which it tends to produce, and on account of which it is held to be virtue. This opinion is not, in the smallest degree, a departure from the Happiness principle. The ingredients of happiness are very various, and each of them is desirable in itself, and not merely when considered as swelling an aggregate. The principle of utility does not mean that any given pleasure, as music, for instance, or any given exemption from pain, as for example health, is to be looked upon as means to a collective something termed happiness, and to be desired on that account. They are desired and desirable in and for themselves; besides being means, they are a part of the end. Virtue, according to the utilitarian doctrine, is not naturally and originally part of the end, but it is capable of becoming so; and in thos e who love it disinterestedly it has become so, and is desired and cherished, not as a means to happiness, but as a part of their happiness. Concluded on page two Continued from page oneTo illustrate this farther, we may remember that virtue is not the only thing, originally a means, and which if it were not a means to anything else, would be and remain indifferent, but which by association with what it is a means to, comes to be desired for itself, and that too with the utmost intensity. What, for example, shall we say of the love of money? There is nothing originally more desirable about money than about any heap of glittering pebbles. Its worth is solely that of the things which it will buy; the desires for other things than itself, which it is a means of gratifying. Yet the love of money is not only one of the strongest moving forces of human life, but money is, in many cases, desired in and for itself; the desire to possess it is often stronger than the desire to use it, and goes on increasing when all the desires which point to ends beyond it, to be compassed by it, are falling off. It may, then, be said truly, that money is desired not for the sake of an end, but as part of the end. From being a means to happiness, it has come to be itself a principal ingredient of the individuals conception of happiness. The same may be said of the majority of the great objects of human life:power, for example, or fame; except that to each of these there is a certain amount of immediate pleasure annexed, which has at least the semblance of being naturally inherent in them—a thing which cannot be said of money. Still, however, the strongest natural attraction, both of power and of fame, is the immense aid they give to the attainment of our other wishes; and it is the strong association thus generated between them and all our objects of desire, which gives to the direct desire of them the intensity it often assumes, so as in some characters to surpass in strength all other desires. In these cases the means have become a part of the end, and a more important part of it than any of the things which they are means to. What was once desired as an instrument for the attainment of happiness, has come to be desired for its own sake. In being desired for its own sake it is, however, desired as part of happiness. The person is made, or thinks he would be made, happy by its mere possession; and is made unhappy by failure to obtain it. The desire of it is not a different thing from the desire of happiness, any more than the love of music, or the desire of health. They are included in happiness. They are some of the elements of which the desire of happiness is made up. Happiness is not an abstract idea, but a concrete whole; and these are some of its parts. And the utilitarian standard sanctions and approves their being so. Life would be a poor thing, very ill provided with sources of happiness, if there were not this provision of nature, by which things originally indifferent, but conducive to, or otherwise associated with, the satisfaction of our primitive desires, become in themselves sources of pleasure more v aluable than the primitive pleasures, both in permanency, in the space of human existence that they are capable of covering, and even in intensity. Virtue, according to the utilitarian conception, is a good of this description. There was no original desire of it, or motive to it, save its conduciveness to pleasure, and especially to protection from pain. But through the association thus formed, it may be felt a good in itself, and desired as such with as great intensity as any other good; and with this difference between it and the love of money, of power, or of fame—that all of these may, and often do, render the individual noxious to the other members of the society to which he belongs, whereas there is nothing which makes him so much a blessing to them as the cultivation of the disinterested love of virtue. And consequently, the utilitarian standard, while it tolerates and approves those other acquired desires, up to the point beyond which they would be more injurious to the general happiness than promotive of it, enjoins and requires the cultivation of the love of virtue up to the greatest strength possible, as being above all things important to the general happiness. It results from the preceding considerations, that there is in reality nothing desired except happiness. Whatever is desired otherwise than as a means to some end beyond itself, and ultimately to happiness, is desired as itself a part of happiness, and is not desired for itself until it has become so. Those who desire virtue for its own sake, desire it either because the consciousness of it is a pleasure, or because the consciousness of being without it is a pain, or for both reasons united; as in truth the pleasure and pain seldom exist separately, but almost always together—the same person feeling pleasure in the degree of virtue attained, and pain in not having attained more. If one of these gave him no pleasure, and the other no pain, he would not love or desire virtue, or would desire it only for the other benefits which it might produce to himself or to persons whom he cared for. We have now, then, an answer to the question, of what sort of proof the principle of utility is susceptible. If the opinion which I have now stated is psychologically true—if human nature is so constituted as to desire nothing which is not either a part of happiness or a means of happiness, we can have no other proof, and we require no other, that these are the only things desirable. If so, happiness is the sole end of human action, and the promotion of it the test by which to judge of all human conduct; from whence it necessarily follows that it must be the criterion of morality, since a part is included in the whole. (1863)