A private club refers to any type of a club that is limited to private members thereby implying that it is not open to the public. It brings out the difference between a private club and a restaurant where the restaurant is open to anyone who can pay the menu process while the club is limited to private members (Davis et al. 34). The customer base is comprised of the registered members in addition to guests or new members, who have been accepted by board members after being recommended or sponsored by an existing member of the club. After ...
Essays on Implying
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This paper is being submitted on January 18, 2017 for Tramaine Ingram’s STA3215 Inferential Statistics and Analytics course. At the request of the company’s client, we have performed research pertaining to the salary distributions of jobs in the state of Minnesota. The sampling was haphazard (non-statistical. The client is only interested in the jobs that pay salaries of between $40,000 and $120,000. Any job that that falls within this range was included in the analysis. The data set was obtained from the Bureau of Labor Statistics, and consists of a total of 64 records. In ...
Demand function (QD) = -5200 - 42P + 20PX + 5.2I + 0.2A + 0.25M Where; P= 500, PX=600, I=$5,500, A=$10,000 and M=5,000
Replace values in the equation;
QD = -5200 - 42(500) + 20(600) + 5.2(5,500) + 0.2(10,000) + 0.25(5,000) = -5200 – 21,000 + 12,000 + 28,600 + 2,000 + 1,250 = 17,650 Price elasticity of demand = ∂QD∂P×PQD ∂QD = change in quantity demanded, ∂P = change in price; P= price, QD = quantity demanded ∂QD∂P = -42 QD= 17,650 P= 500 Price elasticity of demand = -42 ×50017,650 = -1.1898 The above elasticity indicates that the product’s quantity demanded ...
Krishna played a key role in the lives of warriors in that he made certain decisions that could not be altered. When Arjuna questions about his instructions to slay the enemy, Krishna tells him not to worry about using their arrows to kill the mere body since it did not matter. According to him, only the eternal Atman mattered. Additionally, if one was slain in his life of duty, then that was okay since he died performing what he was supposed to. Krishna acts of justifying killings were not at all justifiable. In saying that it was good for ...
QUESTION 1
One can begin to think clearly about these types of events without being "that guy,” and one can have a rational discussion about this. One of the characteristics of Extremistan is that it is more likely to be found in our modern society implying that it is living and not dependent on the old environment like mediocristan. Mediocristan tends to favor the weak by making sure that the total is not determined by a single instance whereas, in Extremistan a person gets the full due of what they are supposed to get. It, therefore, goes without saying that one ...
Overview of the scenario
The scenario involves analyzing the distribution of salaries for different jobs in the state of Minnesota. The client is interested in the distribution of salaries for jobs with salaries ranging from $40,000 to $120,000. Data on 364 different jobs in the state were collected from the Bureau of Statistics. The data will be analyzed by determining the measures of central tendency and dispersion to understand the distribution of salaries.
Quantitative and qualitative variable
In this scenario, the job title is the qualitative variable since it cannot be measured numerically. On the other hand, salary is the quantitative variable since it is ...
Drug test
Impact of age and drug on the duration In this test, a drug was administered to 28 out of the 48 respondents. The age of the respondents and the drug were the independent variables while the participants’ months to death or end of trial or study time was the dependent variable. The observations were recorded for the 48 participants and the data was regressed using the Gretl software. To determine the impact of age and drug on the duration, we analyze the regression output. The measures of interest are the coefficients of the two variables, Z statistics, and the ...
Edgar Allen Poe wrote “The Raven” in 1945. The poem shows how lost love can lead to depression. Depression, and mental illness in general, is a topic common to many of Poe’s works, and he often uses an unreliable narrator as one of the primary means of showing such depression. Following the death of the woman he loved, a male speaker narrates “The Raven,” and through this first person account, the reader is allowed a glimpse of his descent into madness. Through the poem, Poe demonstrates to how the experience of losing a loved one can propel someone ...
Credit Risk Management
Commercial Loan Market Commercial loans are debt arrangements agreed upon by the lender (business) and borrower (financial institution) to cover operational costs or fund business projects. During economic downturn, financial institutions are cautious of their lending and consequently import strict regulations that force borrowers to pay a higher interest rate. The agreement between the lender and borrower in the market is documented in a “credit agreement.” In credit risk management, the most important components of the agreement describe the covenants, the security requirements, priority of payments and events of default.
Segmentation of Commercial Loan Market
Financial institutions use credit rating to qualify borrowers based ...
QUESTION 1
Adjusted Trial Balance Statement of Comprehensive Income Balance Sheet QUESTION 2 Financial ratios Financial analysis Analysis of liquidity Current ratio At the of the financial year 2015, the current ratio for British Airways was 0.5965 indicating that its current assets could pay off 59.65% of its short-term liabilities. This further shows that the company had a low liquidity since its current assets were insufficient to meet the short-term obligations (Gibson, 2012, p. 243). The ratio declined from 0.6512 in 2014 and 0.6300 in 2013. The trend shows that the liquidity of British Airways improved in 2014 but declined in ...
Suburbs offer conducive places to retire after a long day’s work. However, diffusion of urban cultures or lifestyles into suburbs renders the areas unconducive. Partly, private cars are often opposed, in favor, for public transport due to varied reasons such as pollution in suburbs. The problems of private cars are more pronounced in low-density suburbs where private cars are blamed for most problems that arise or exist. People living in suburbs have embraced the car culture to the extent they are labeled as ‘slaves of cars.’ The continued proliferation of cars in low-density suburbs has made the areas ...
The United States has seen a change in its security situation over the last three decades. Before the 9/11 attack, U.S. concentrated on preventing the attack of its citizens and property by jihadists who were mostly affiliated to Muslim countries. Still, U.S. authorities tracked the footsteps of all foreign-grown movements that posed a danger to the property and U.S. citizens working out the United States. After 9/11 attack, the U.S. began focusing on a more comprehensive and robust system to protect the United States from both domestic and international terrorism attacks. At this juncture, domestic and international groups carried ...
The role of the state in the economy: A historical perspective
The role of the state in the economy has been a subject of discussion for many decades with different views emanating from a broad range of the individuals and institutions in the field of economics. Since the early 1900s, various economists have continued to investigate the various roles of the state in economic development. The investigation led to the distinction of the roles in two broad categories, namely; normative and positive roles. Normative roles refer to what exactly the state should do to maximize the welfare of the people. On the other hand, the positive roles outline what the ...
Internal analysis of Enbridge Inc.
Introduction Enbridge Inc. a distribution and transportation of energy company operating in the United States and Canada. The company is divided into five segments to facilitate its operations and achieve its long-term corporate objectives. The sections include Liquids Pipelines; Gas Distribution; Sponsored Investments and Corporate and Gas Pipelines, Processing and Energy Services (Finance.yahoo.com, 2016). The company operates a common carrier through the Liquids Pipelines segment by contrasting natural gas liquids, refined products, and crude oil pipelines as well as terminals. The Gas Distribution Segment is a natural gas utility serving industrial, commercial and residential customers in Quebec, New York, ...
1. a. The pKa value of an amino acid is an indication of how strong or weak an amino acid is, based on the said acid’s dissociation constant. An amino acid that has a high pKa value is weaker than on that has a low pka value. Given that an acid’s dissociation constant is Ka, the pKa value is given by the formula: pKa = -log10Ka pH = pKa + log ([A-]/[HA]),It follows that for Cys12, 7.4= 7.2 + log([Cys-]/[HCys]) 7.4-7.2 = log([Cys-]/[HCys]) 0.2 = log([Cys-]/[HCys]) 100.2= Cys-/HCys Therefore, Cys-/HCys = 10-4Similarly, ...
Introduction
The main objective of entrepreneurs is to achieve profitability and growth of their ventures. Most of the entrepreneurs who have saturated their domestic markets seek to globalize their operations to increase profitability and achieve growth (Vinturella & Erickson, 2013). Globalization of business operations involves various considerations to facilitate the assessment of the viability of business expansion. Primarily, organizations seeking to go international must consider their financial capabilities and the risks involved (Vinturella & Erickson, 2013). Entrepreneurs can expand their businesses by increasing production and exportation or establishment of operating plants in different countries. This paper will answer various questions regarding the ...
Chapter 1
Nature of the Organization’s Business Under Armour is a multinational sports clothing and accessory company headquartered in Baltimore, Maryland. The company suppliers casual apparel and sportswear, and in 2006, it started offering footwear. The company sells its products worldwide targeting athletes at all levels as well as consumers having active lifestyles. To date, the company has opened various stores as well as factory outlets in various states and nations including Canada and China.
Organization’s History
1996-1998: Early Milestones 1996: Founding of the Company Kevin Plank founded the company in 1996 when he was 23 years old. He was the former ...
Introduction
Portakabin is a company that concentrates on the designing and delivery of modular buildings to its customers. The company is dedicated to providing its clients with quality products and services that match their needs. The initial company market dealt with the construction industry with a concentration on portable buildings that offered on-site storage and accommodation for the clients. However, the company has diversified its market by extending it to include schools, medical centers, and offices as well. Portakabin (2011) reveals that the company is one of the most recognized and well-established brand image. Its brand image is enhanced by ...
Research Essay
As we live our lives, we tend to encounter various challenges every day. Our own thinking brings some of these challenges while other challenges are brought by the paradigms created by the society. Since the world has all kinds of people, we are likely to encounter the rich, poor, unhealthy, and healthy people in our daily interactions. These interactions are sometimes challenging, as we tend to question ourselves on how much we can do to help the world’s poor and the unhealthy people. This challenge presents itself in two ways. In one way, we personally feel that it ...
Q1 Answer
The risk in financial investment refers to the events that may affect the attainment of a financial goal. On the other hand, Paul (2012) defines the rate of return as the gains from the investment that an investor receives after a given duration of time. Both risk and rate of return can be said to be directly related. This is to mean that when the risk of investment is very high, then the rate of return is very high. However, this does not mean that always when an investor takes high risks will gain high returns, He or she ...
Issue
Homestead steel strike is one of serious labor action to have ever happened in the United States. The strike involved Amalgamated Association of Iron and Steel Workers with Carnegie Steel Company. The issue surrounding the strike was the move by Carnegie Steel Company to impose a yellow dog contract that would lead to the death of the unions which it believed were inefficient. The management thus wanted to do away with the unions and encourage its employees to be unionized. It felt by so doing it will enhance efficiency in its operations. There was pressure on the employer and ...
Abstract
In this case, we illustrate the application of multiple regression in economics. We gather data on the unemployment rate (dependent variable) and three independent variables; GDP per capita, maximum weekly unemployment benefit and population estimate for 2015. The data is collected from 39 different states. Regression analysis results show that there is a positive association between the unemployment rate and GDP per capita and population estimate. The relationship between unemployment rate and maximum weekly benefits is inverse. The evaluation of the reliability of the first-order model shows that it has a small coefficient of determination. The first-order model is ...
Objectifying Song: Drake- “Hotline Bling”
Drake’s 2015 song “Hotline Bling” contains sexist lyrics that objectify women and effectively imply the technique of slut shaming and male dependence. The overlying theme of these song is the idea that this woman has lost all of her self-respect because her boyfriend has left her, showcasing the objectifying idea that men are responsible for the identity of females. When he sings this song, he is implying that men are dominant in romantic relationships and women make decisions about their morality and their respectability based on whether they are single or not, out of respect to their boyfriends. ...
Introduction
Jean Piaget is one of the greatest psychologists to have ever lived. His thinking has influenced many areas of the study of the human mind, from development, to education and even psychopathology. Through a study of his general theory, many parameters of his thinking will be examined. Then, there will be a brief discussion of his cognitive development stages, which is the contribution he is most known for. Finally, some criticisms to his theory will be addressed, and some possible answers from within Piaget’s theory.
General Theory
According to Carey, Zaitchik and Bascandziev (2015), there are two main components of ...
Introduction
Ideally, business performance depends on the strategy that management adopts. The success of the existing company, as well as the possibility of implementing an idea of starting a new business, must consider the level of market competition. Strategic planning is essential to the success of a business and the efficiency of operations (Barney and Tyler 39). Firms’ managers in highly competitive markets must make decisions regarding the current as well as the future performance of their companies. They hire consultants to help them analyze their business environments and make sound decisions that can help them survive market competitions. One ...
Background Information
Southwest Airlines is a United States airline company based in Dalla in Texas. The company came into existence in 1967 and got its current name in the year 1971. It has employed more than 45,000 employees and operates over 3,500 flights every day. It has its operations within the U.S. market implying that the company does not operate internationally. In fact, it has more than 90 destinations within 40 states of America. The company uses only one producer airplane in its operations which happen to be the Boeing Airplanes. Despite many other U.S. Airlines that operate both ...
In my organization, the general manager ordered all the employees to work for an extra hour for the duration of two months to overcome a heavy workload within the organization without any pay. The manager did not consult all the stakeholders of the organization especially the employees. Consequently, this led to conflict between the employees and the manager. The employees expressed their concern by saying that the decision was good, but it happen since he did not consult them and they are not ready to work overtime without any compensation
Q1 Answer
The affected stakeholders in this conflict were the general ...
Introduction
This paper explores the costing and pricing methods applicable to firms in the tourism and travel sector using Allegiant Travel Company as an example. Allegiant Travel Company is an American company providing leisure travel products and services to under-served cities in the US. It provides air transport, air transport-related products, travel protection products, hotel rooms and other third party travel products. The paper also analyses the financial statements to assess its financial state.
Costing methods
Several costing methods can be applied in the tourism industry depending on the nature of the assignment and the operations of the organization. Applicable costing methods ...
1.0 Introduction and Background Information Nuclear power and energy has become very useful in the economics of the modern world. Whereas the energy can help to achieve enormous benefits, it cannot be disputed that the inherent hazards are potentially dangerous (Greenberg 63). These dangers are evoked by the nuclear wastes produced after the energy is produced and utilized (Strandberg 87). In principle, such waste is radioactive in nature implying that it remains active over a long period of time. As such, it becomes fundamentally vital to ensure that the nuclear waste management is concrete and undoubtedly reliable (Miller 84). ...
People will think of other people on the basis of the work they do at free-will. However, it is not an ideal treatment for people to blame other people for what they are forced to do. Freedom is compatible with determinism when the behaviour of a person is caused by the preceding factors. Therefore, the causal laws of determinism end up forming the basis of science. Freedom to perform an act is the idea that human beings have the ability to have choices in how they act and taking the assumption that they have the freedom in terms of ...
Analysis of LaSalle Hotel Properties
Introduction: Importance of ratio analysis Financial ratios are important in analysing the financial performance of an organization. The financial performance is a key factor in the management of the organization. Financial ratios simplify the financial statements such as the income statement hence managers can easily determine whether the organization is profitable or not. For instance, profitability ratios such as the net profit margin indicate whether the organization is profitable or not. Managers can then identify areas of weaknesses and take corrective actions to improve the profitability of the organization. They are also used to assess the liquidity of an ...
Xenia Hotels & Resorts, Inc.: Financial Ratio Analysis
Introduction Financial ratios divulge valuable information to the management of a firm that guides them in making significant operational and strategic decisions for their organizations. Financial ratio analysis is a significant technique that is used to analyze financial statements. Accounting ratios are a source of valuable information that helps the management of a firm to understand the financial state of their companies and be able to formulate strategies that will help them achieve the desired financial goals. Activity ratios, for instance, are used to judge the efficiency of the firm in using various assets that it has to generate ...
The Role of Diet in Human Health
The human immune system is highly developed and complex to ensure that it fights with a wide range of microorganisms, viruses, bacteria, particles and other foreign objects that may affect the body in any way. The system is made up of various components within the body, and all are in some relation with each other to ensure that there is an effective immunity against any foreign body capable of causing some pathological conditions in the body. The major components of the human immune system include a group of immune cells such as the T-lymphocytes, B-lymphocytes, natural killer cells, memory cells, and ...