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Answers: Part 1 Question 1 Descriptive Statistics Mean – In accordance with the highlighted table, average real GDP per capital for the year 2000 stood at $ 8,454.97. Also, it is evident that this average or mean value is in excess of the given variable’s median value which may be inferred to the distortion caused on account of outliers on the higher side primarily in the form of developed nations. Median – The median val...
Answer Introduction The strategic development and planning is a critical factor for the development of the organization and formation of an effective and smart system of operations (Adewole, Odunjo and Misra 2015, 1-5). The implementation of the strategic planning and functional development can be enhanced and further motivated using business management concepts and functions. The smart operations in the business organizations are concluded u...
Answers: Rationale: Sedentary lifestyle is pivot for decrement in the quality of health among school children. Children in such tender age are suffering from various maladies and illness. As per Who, physical inactivity is one of the prevailing reasons among children that leads to lifestyle related maladies and illness among them. Some of the reasons for such physical inactivity are due to increment in study pressure, lack of zeal towards phy...
Answers: Introduction Britain’s biggest budget airline, EasyJet, in the recent time has reported a quick fall in profits following a turbulent time for the aviation industry. There is a drop of 28 per cent since 2009 in company’s profits. The reason behind the fall was due to “exceptional peripheral events” like apparent bombing of a Russian holiday jet, the terrorist attack in Brussels in March and a series of ...
Answers: Introduction Accommodation management is one of the basic needs for the domestic and international hotel as the increasing number of customer and their accommodation is the prime concern for the hotel (Hemsley et al. 2016). Hospitality sectors are relying on the satisfaction of customers thus quality and standard operations are always wanted from the hotels to sustain a good business market form modern competitive business arena. As th...
Answer: Current Situation Kiwi Prestige is a new company with the sole initial purpose of exporting fine wine from select Hawke’s Bay, New Zealand producers for consumption in the Chinese market, specific company offerings can be sighted in Kiwi Prestige’s portfolio in the appendix section of this document. Kiwi Prestige will act as an international wine distribution firm, buying directly from producers local to Hawke’s Bay ...
Answers 1: After analysing the facts of presented in the case, it can be said that Richard and his son can achieve benefits if they seek the assistance of a company in order to expand the business. The benefits available for setting up a company are better if compared to a sole trader or partnership. The assistance and involvement of a company can help in expanding the business. This is simply because of the fact that it is easier for a company ...
Answer: The advent of newer technologies has helped organizations to undertake steps in order to modify their structure of availability in the market. The importance of the reforms has brought about considerable changes in the organizational structure (Combe 2012). The modifications brought about by the organization in order to cope up with the environmental changes are an important consideration for the growth and expansion of the same. This...
Answers: Question 1.1 Why was equity law developed and how does it operate as part of the common law legal system in Australia? The core reason why equity law was developed in Australia is to provide ‘fairness and good conscious’ which provides fairness in the cases where common law is unable to do so. The way it’s operated a part of the common law legal system in Australia because the equity law provides a much broader co...
Answer Web-Based CSR Organizational Analysis: Philanthropic Responsibilities Introduction The stakeholders of Coca Cola reserve the rights to brag over the success which they have been able to attain over the last 2 decades. Nevertheless, an in-depth analysis unveils a series of dynamics which have been fundamental in boosting their operations. For example, the management of Coca Cola has conquered certain commercial odds through policies th...
Answers: Introduction Coles is Australian supermarket owned by Wesfarmers and was founded by GJ Coles in 1914. In the recent years, the company’s management has devoted efforts to delivering quality services and products with a view of winning more clients. For instance, this firm has invested in noteworthy changes such as rolling out new format stores, lowering price and employee training to enhance the experience of customers (Cole...
Answers: Cost Minimization looks at a comparison of the alternative programs in which all the relevant alternative measures are of equal measure for example, it may look at whether two projects provide an equal level of effectiveness (Graban, 2011). In the case of cost effectiveness, both the alternatives and measures are taken in consideration. For example, it may take into consideration the measure of effectiveness as well as th...
Answer Introduction This article will emphasize on the issues of choice of accounting policy with disclosure of material impact for the companies as instructed by the authorities like the Corporation Act 2001 and Australian Accounting Standard Board. The choice of accounting policy is a major issue as this choice can dictate the issue of prudence for the stakeholders. There are different identities in the form of Australian Securities Investmen...
Answer: Introduction BBQ Chicken is a small fast food centre in Sydney Australia which has its 2 or 3 more branches in Australia itself. Because of the continuously growing and developing fast food market of Australia, BBQ Chicken is also expanding itself in various regions of the country. The purpose of this report is to create a marketing plan for BBQ Chicken so that it can expand its market reach by having more branches. The report will pr...
Answer: Foods serving size Visual comparison Recommended servings by Canada’s Food Guide Whole wheat bread 84 gm= 1 grain servicing 1 hockey puck 50 g MAHATMA rice, Basmati 180 gm= 1 grain serving 1 baseball 100 g Banana 1 medium 1 baseball 1 medium Apple 1 medium 1 baseball 1 medium Cucumber 1 m...
Answers: Introduction Architectures and Landscapes inspects the assembled global-homes and urban regions, farmsteads and back roads temples and courthouses, subdivisions and shopping centers that make up the areas that the sizable majority stumble upon each day. Firmly in mild of arms on paintings and authentic work that perspectives structures as home windows into human existence and tradition, articles are composed by using antiquarians, pr...
Answer: Overview of Morrisons Wm Morrisons Supermarkets Plc commonly known as Morrisons operates as the fourth largest supermarket chain in United Kingdom. The company is based at Bradford in West Yorkshire based in England. The company focuses on meeting the food and grocery needs of around 11 million customers that visit its different brick-and-mortar retail outlets spread along different regions in United Kingdom. The company operate...
Answer: Introduction: Nursing is one the fulfilling careers both in the emotional aspect and in the services delivered to humanity. For this and more reasons, there are lots of people venturing into this profession which entails a lot of diverse roles and responsibilities. It is in humanity to procreate and bring forth generations so as to ensure continuity of their generations. This has been so since the times of the early humans. Families u...
Answers: Answer 1 Measuring GDP and Economic Growth (a) The value of the produced output at the given market price is: $ [(3,000,000 * 1) + (50,000 * 20) + (20 * 50,000) + (50,000 * 20) + (1 * 1,000,000) + (2 * 50,000)] = $ (3,000,000 + 1,000,000 + 1,000,000 + 1,000,000 + 1,000,000 + 100,000) = $ 7,100,000 = $ 7.1 million (b) Mark’s annual wage at Pizza hut = $15,000. His income from selling pizzas = $5 * 4000 = $20,000 Unemploym...
Answer: Self-Assessment of an entrepreneur An entrepreneur commonly defined as a person who starts and manages a business. But that is not all, an entrepreneur refers to an individual who identify the problems existing in the society and find different ways to solve that problem in return of some monetary compensation (Barringer & Ireland, 2010). Being an entrepreneur is not easy, they are known to be strategic managers and leaders as the...
Answers: Answer 1: Plagiarism is a punishable offense by the educational universities that refers to the adoption of other people work and submitting them as their own. Plagiarism is regarded as punishable as it result in being unfair to honest students by giving them reduced marks in compassion to other students who can achieve good marks through copying other people work (Porter and Norton, 2014). Answer 2: The two different ways of...
Answer: Introduction The report helps in analyzing the different marketing strategies of a supermarket in Singapore named Giant Hypermarket. The marketing strategies have to be appropriately ascertained as this will assist in analyzing different requirements of the supermarkets along with proper implementation of the conceptual framework as well. The hypermarkets as well as supermarkets play a significant function in the distribution of food....
Answer: Introduction A company hires new processes to increase its productivity. There are many processes to employ a single employee in a company. The companies where there is a need for employees who are related to an information technology, experts of IT are hired in such companies. The process of hiring staring from the advertisement of the job to hire employee includes many methods (Kavanagh & Johnson 2017). From the time a candidate...
Answer Introduction Marketing is very necessary for every organization. Without marketing it is very difficult for the organization to survive in the market. Marketing gives main emphasis on improving the relationships with the customers in the market. It is a method that is taken into consideration by every organization to promote its products and services in the market. It is the best technique that is adopted by the organization so that th...
Answer: Introduction: Market is defined as a place where goods are bought and sold. However, in Economics, the term Market is used in a wider perspective, here it means the entire area where the sellers and the buyers of the product are spread. Market Structure refers to the organizational as well as other characteristics of the market. It refers to the degree and nature of the competition that exists in the market, which are determined by th...
