Qualitative Business Analysis - 1276 Words

Northern Caribbean University Department of Professional and Continuing Education Mandeville Campus MGMT 485: Quantitative Business Analysis Quiz I MULTIPLE CHOICE. Total marks 30 Instruction: Write the most appropriate response on line provided 1) Administrators at a university will charge students $150 to attend a seminar. It costs $3000 to reserve a room, hire an instructor, and bring in the equipment. Assume it costs $25 per student for the administrators to provide the course materials. How many students would have to register for the seminar for the university to break even? 1) _______ A) 30 B) 18 C) 24 D) 16 E) 20 2) Linear mathematical†¦show more content†¦17) ______ A) fixed costs B) number of customers C) variable costs D) total costs E) number of employees 18) A university is planning a seminar. It costs $3000 to reserve a room, hire an instructor, and bring in the equipment. Assume it costs $25 per student for the administrators to provide the course materials. If we know that 20 people will attend, what price should be charged per person to break even? 18) ______ A) 150 B) 175 C) 200 D) 120 E) 100 19) A technique that assumes certainty in its solution is referred to as 19) ______ A) probabilistic B) parametric C) deterministic D) indeterminate 20) The purpose of break-even analysis is to determine the numberShow MoreRelatedQualitative Analysis Of Comparative Market Data For Your Business Essay1519 Words   |  7 Pages25 km 25 km – 30 km 30 km – 35 km 35 km – 40 km Quantitative analysis techniques Results Result mean in terms of market trends and developments and impact on the business mean 20 km They live very close to the cafà © and they have a lot of choices and options to choose from the other cafà © and restaurant, they can be easily attracted to the other business once they find the offered products can meet their demands. In the future the business needs to target more of the customers within from 20 km of theRead MoreQualitative Analysis Of Comparative Market Data For Your Business1386 Words   |  6 Pages4. Identify and review a range of external sources of information (such as relevant books and articles, information on the internet, benchmarking studies) in order to conduct a qualitative analysis of comparative market data for your business. Write up the results of your qualitative analysis. External sources of information Results of reviewing these sources Book name 1:Astrid N. (2004) Coffee, tea, Chocolate and the Brain, published by Taylor Francis Ltd, London, UK Coffee, tea, and chocolateRead MoreThe Importance Of A Qualitative Analysis Of Comparative Market Data For Your Business Essay2393 Words   |  10 Pagesinformation on the internet, benchmarking studies) in order to conduct a qualitative analysis of comparative market data for your business. Write up the results of your qualitative analysis. External sources of information Results of reviewing these sources Book name: Guide to the Fashion industry Written by Holly Han Published in 2003, by Vault Inc. The book provides information about fashion, especially a basic guide for doing business in fashion industry. It gives an insight into the industry with theRead MoreThe Concepts Of Big Data Analysis Essay1205 Words   |  5 PagesAbstract—The important goal of this paper is to provide an overview on the concepts of big data analysis. Furthermore the growing emergence and importance of qualitative data analysis in the field of business intelligence and data science is broadly explained .It also marks out effective tools and techniques used to obtain prominent qualitative analytic results on the global level. Moreover we have concluded on the basis of comparison of the tools depending on various factors and parameters by representingRead MoreWhat are the benefits and shortcoming of only using qualitative techniques to make long term financial decisions?853 Words   |  4 PagesWhat are the benefits and shortcoming of only using qualitative tech niques to make long term financial decisions? (5%) Qualitative techniques are used to make long-term financial decisions among small and medium enterprises (SMEs) with great consistency. The qualitative based decisions are made on  experiential knowledge of the various factors involved rather than on monetary measurements, yet they have significant impact on profitability. Techniques used for long-term decision-making are interpretiveRead MoreThe Role Of Effective Qualitative Research Methods And Approaches1422 Words   |  6 Pagesfollowing report was requested as part of the Business Degree at UWS, the report request comes from the module of business research skills. The first part of this report will focus on the role of effective qualitative research methods and approaches. This will include the features of data, design and analysis, it will also discuss the strengths and limitations of qualitative research. The report will then look at how to apply a qualitative analysis technique in relation to the provided transcriptRead MoreResearch Methodology For Academic Journal Articles1268 Words   |  6 Pagesmethodology. Abstract The primary goal of this study is to systematize the knowledge in the area of different research methodological approaches applied in academic journal articles, assess their usefulness and present the results of the analysis. Key words: qualitative research, quantitative research, mixed method research Introduction Defining a case study method indicates the problem and entails choosing/finding a solution to solve it. However, to answer research questions it is vital to demonstrateRead MoreQuantitative And Qualitative Methods Of Research Essay899 Words   |  4 Pagesversus qualitative (Lichtman, M. 2006) It is true that most of the management in the business world go for mixed methodologies in order to attain comprehensive and accurate findings of the research. Having said that there are pros and cons of both the methods that are taken into account by the management in order to achieve set goals and overcome hindrances in the business. Qualitative method of research is a speedy process that provides fresh and inventive results with in- depth analysis of theRead MoreMy Business Of Interest Is An Electronics Shop763 Words   |  4 PagesMy business of interest is an electronics shop. Having knowledge of the electronic products is vital as far as running the company is concerned. In this particular case knowledge in electricity and electronics helps me evaluate the industry, the business, and the capabilities of my employees. This goes along the way into helping me make sound business decisions. Qualitative skills will help me analyze the qualitative data which wi ll help me eradicate guesswork and make sound business decisionsRead MoreQualitative And Quantitative Problem Statements Res 722 Adw Essay689 Words   |  3 Pagesï » ¿Qualitative and Quantitative Problem Statements Amanda Weber University of Phoenix Qualitative and Quantitative Problem Statements Studies are published to solve a problem in a unique and clever way. Studies manifest from a problem statement. The problem statement is one of the most important aspects of the dissertation. The problem statement illustrates the paradigm and the methods. This paper will disclose one qualitative problem statement and one quantitative problem statement as they relate