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General Assessment Criteria

General Assessment Criteria

The criteria below detail the areas, which will be taken into account when the assignment is marked.

To address the subject satisfactorily, a typed format is mandatory. Pass assignments are expected to be legible, tidy, well organized and written in clear understandable English.

High grades [70%, 75%, +80%] need to demonstrate sustained coherent analytical ability. A systematic approach to analysis and evaluation is required for grades 60% to 85% – for grades at the higher end of the scale, integration and synthesis is a requirement. The quality of the arguments used to develop and support prescriptions/recommendations are, in our view, the essential test of integration.

The assignment is to be submitted as a single written report of 2000 words.

Proper referencing and citation should be observed. APA Referencing should be followed.

QUESTION:

Running a business requires a great deal of capital. Capital can take different forms, from human and labor capital to economic capital. But when most of us hear the term financial capital, the first thing that comes to mind is usually money. Large corporations could not have grown to their present size without being able to find innovative ways to raise capital to finance expansion.

Required:

Identify the different sources of funds available to the corporation to finance their short and long-term projects. (50 marks)

Analyse the advantages and disadvantages as well as risk associated with different sources of funds. (50 marks)

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“Teams Work Best under Angry Leaders”

“Teams Work Best under Angry Leaders”

This statement is false as a general rule. However, there are situations when teams perform their best when their leader is angry. If you have ever seen an episode of one of celebrity chef Gordon Ramsay’s reality television shows (Hell’s Kitchen , The F Word , Kitchen Nightmares )— where Ramsay regularly terrorizes culinary teams with outbursts, threats, and intimidation—you have seen how angry leaders motivate. But does this approach really get results? Many of us would be skeptical. A harsh, temperamental approach to leading teams would seem to be reliably counterproductive. Who would want to work for such a leader?

As it turns out, the angry team leader may, in fact, have his or her place. A recent study found that whereas teams filled with relatively agreeable members were the most motivated and performed the best when their leader showed happiness, teams filled with relatively disagreeable members were the most motivated and did best when their leader expressed anger.

Why do disagreeable teams do their best when their leader is angry? Disagreeable individuals are more direct, more argumentative, and less conflict-averse than their more agreeable counterparts. Disagreeable teams may react better to an angry leader because the leader is speaking a language the team can understand, or the disagreeable team members may be less sensitive to inconsiderate behavior (of which the display of anger is a prime example).

Asked to reflect on his angry approach to leading teams, Ramsay said, “When there’s no adrenaline flying high and there’s very little pressure created, you don’t get results.” For some types of teams (those filled with team members as disagreeable as their leader), it appears he is right. Tough love seems to work best with tough teams.

(Adopted from Stephen P. Robbins & Timothy A. Judge, 2013, Organisational Behaviour)

ESSAY QUESTIONS

1. Select an organisation and analyse the growing popularity of teams in that organisations.

2. Describe how leaders’ emotions and followers’ personalities shape motivation and team performance.

3. How can leaders bring unspoken conflicts into the open without making them worse?

Word Limit

Word Limit: Not more than 2,500 – 3,000 Words [excluding References & Appendices Page]

Please note that words in diagrams, charts, tables, captions, citations and references are not considered into the word count.

Marking Criteria

The marking criteria will consider the following in each question:

§ Marks will be allocated for familiarity with subject/material and evidence of original thinking.

§ Marks will be allocated for quality of argument/reasoning; the depth of analysis; expansion of ideas/argument and recognition of wider context/complexity of topic.

§ Marks will be allocated for the relevance of answer to task set; the accuracy of details; consistency of focus and the organisation of ideas.

§ Marks will be allocated for the critiquing information sources in terms of credibility and relevance.

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Research Presentation:

Research Presentation:

Each student will submit one PowerPoint (PPT) documentary presentation that must include:
Title page/screen
Animated (auto-play) or contain one video or audio clip;
Between 2-4 minutes in length;
Contain citations for materials used.
Your first slide/intro should include the Title of your Documentary and a brief description of what sociological issue you are covering.

Look at the course and/or module learning objectives for ideas. For instance, would you like to submit your documentary video on music’s impact on society, or how music influences personal responsibility related to actions and ethics, how music can promote cultural understanding, how does music impact selected populations… the idea list is vast.

Grade Rubric – Research Presentation

100 points

Satisfactorily addresses any one sociological concept through music that demonstrates social responsibility.

25 points

Is technically (animation is correct) and visually appealing (file sizes are appropriate…).

25 points

Adheres to 2-4 minute length requirement and includes references as appropriate.

25 points

Citation/Reference for 2 current SOCI or MUSI journal research articles.

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Statistics in Quantitative Methods

Statistics in Quantitative Methods

The purpose of the assignment is to develop skills associated with selecting and applying methods for data collection, stationary and time series data analysis and hypothesis testing.

Data collectionIdentify the sources that will offer the information that you need to answer the research question (journals, books, internet resources, government documents, people, etc).

1. What data do you plan to acquire to answer your research question? Why? What kinds of instruments, variables, materials, or sources will you use (i.e. will you use observations, surveys, interviews, case studies, focus groups, experiments, documents, media, data base searches, etc.)? If you plan to use mixed methods, will they be sequential, concurrent or transformative? Why?

2. List the kinds of data/information that you plan to collect (e.g. testimonials, statistics, business/government reports, other research data, audio/video recordings, etc.). Also, consider two or three alternative ways you could gather data/information for this research.

3. If you plan to use research participants, where will they come from? How will they be sampled? How many participants will you require? If you are not using research participants, who will you use as the target audience of your data? Who would most benefit from your research, and why?

4. Business research topics relate to events that develop in time.

· Explain how you would acquire a snapshot of data relevant to your research question. Within the snapshot, the data become effectively stationary.

· Consider the evolution of data with time. How would you acquire the time series data relevant to your research question?

5. What ethical issues will your research project present? What biases might you bring to the research and how will you address that bias?

Analysis of stationary data

1. What method will you choose to analyze the stationary data that you plan to collect?

2. Has this method of data analysis been applied in similar situations by other authors? Include references and illustrations from the literature to show the advantages and disadvantages of the method.

3. Attach a worked out example of application of the method using simulated or previously published data.

4. How will you validate your findings/conclusions?

Testing hypotheses

1. State your hypotheses.

2. Explain whether your hypotheses will be tested using frequentist or Bayesian approach, and justify the choice.

3. Have similar hypotheses been tested by other authors? Include references and illustrations from the literature.

4. Attach a worked out example of hypothesis testing using simulated or previously published data.

5. How will you validate your findings/conclusions?

Analysis and forecasting of time series

1. What method will you choose to analyze and forecast the time series data that you plan to collect?

2. Have these methods of data analysis and forecasting been applied in similar situations by other authors? Include references and illustrations from the literature to show their advantages and disadvantages.

3. Attach a worked out examples of analysis and forecasting using simulated or previously published data.

4. How will you validate your findings/conclusions?

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Purpose 

Purpose 

This assignment is intended to give you an opportunity to strengthen your skills in gathering and analyzing business-related information. It provides a deeper understanding of how companies can look at globalization as part of their strategic and operational plans. The assignment has two parts: one focused on information research and analysis, and the other is on applied analytics.

Resources: 

Microsoft Excel
“How Netflix Expanded to 190 Countries in 7 Years” from Harvard Business Review
Call Center Waiting Time
Part 1: Globalization and Information Research

Context: Companies that perform well in their country of origin usually consider expanding operations in new international markets. Deciding where, how, and when to expand is not an easy task, though.

Many issues need to be considered before crafting an expansion strategy and investing significant resources to this end, including:

the level of demand to be expected for the company’s products/services
presence of local competitors
the regulatory, economic, demographic, and political environments
Carefully researching and analyzing these and other factors can help mitigate the inherent risk associated with an overseas expansion strategy, thus increasing the likelihood of success.

As a data analyst in your company’s business development department, you’ve been tasked with the responsibility of recommending countries for international expansion. You’ll write a report to the company’s executive team with your research, analysis, and recommendations.

Instructions:

Write a 525-word summary covering the following items:

According to the article listed above, what were the most important strategic moves that propelled Netflix’s successful international expansion?
The article mentions investments in big data and analytics as one of the elements accompanying the second phase of overseas expansion. Why was this investment important? What type of information did Netflix derive from the data collected?
According to the article, what is exponential globalization?
Not all international expansion strategies are a resounding success, however. Research an article or video that discusses an instance in which an American company’s expansion efforts in another country failed. According to the article/video you selected, what were the main reasons for this failure? Do you agree with this assessment?
Explain some of the reasons why certain companies’ expansion plans have failed in the past.
Part 2: Hypothesis testing

Context: Your organization is evaluating the quality of its call center operations. One of the most important metrics in a call center is Time in Queue (TiQ), which is the time a customer has to wait before he/she is serviced by a Customer Service Representative (CSR). If a customer has to wait for too long, he/she is more likely to get discouraged and hang up. Furthermore, customers who have to wait too long in the queue typically report a negative overall experience with the call. You’ve conducted an exhaustive literature review and found that the average TiQ in your industry is 2.5 minutes (150 seconds).

Another important metric is Service Time (ST), also known as Handle Time, which is the time a CSR spends servicing the customer. CSR’s with more experience and deeper knowledge tend to resolve customer calls faster. Companies can improve average ST by providing more training to their CSR’s or even by channeling calls according to area of expertise. Last month your company had an average ST of approximately 3.5 minutes (210 seconds). In an effort to improve this metric, the company has implemented a new protocol that channels calls to CSR’s based on area of expertise. The new protocol (PE) is being tested side-by-side with the traditional (PT) protocol.

Instructions:

Access the Call Center Waiting Time file. Each row in the database corresponds to a different call. The column variables are as follows:

ProtocolType: indicates protocol type, either PT or PE
QueueTime: Time in Queue, in seconds
ServiceTime: Service Time, in seconds
Perform a test of hypothesis to determine whether the average TiQ is lower than the industry standard of 2.5 minutes (150 seconds). Use a significance level of a=0.05.
Evaluate if the company should allocate more resources to improve its average TiQ.
Perform a test of hypothesis to determine whether the average ST with service protocol PE is lower than with the PT protocol. Use a significance level of a=0.05.
Assess if the new protocol served its purpose. (Hint: this should be a test of means for 2 independent groups.)
Submit your calculations and a 175-word summary of your conclusions.
Submit your assignment.

Resources

Center for Writing Excellence
Reference and Citation Generator
Grammar Assistance

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Hypothesis testing is used in business to test assumptions and theories.

Hypothesis testing is used in business to test assumptions and theories.

These assumptions are tested against evidence provided by actual, observed data. A statistical hypothesis is a statement about
Hypothesis testing is used in business to test assumptions and theories. These assumptions are tested against evidence provided by actual, observed data. A statistical hypothesis is a statement about the value of a population parameter that we are interested in. Hypothesis testing is a process followed to arrive at a decision between 2 competing, mutually exclusive, collective exhaustive statements about the parameter’s value.

Consider the following scenario: An industrial seller of grass seeds packages its product in 50-pound bags. A customer has recently filed a complained alleging that the bags are underfilled. A production manager randomly samples a batch and measures the following weights:

Weight, (lbs)

45.6 49.5

47.7 46.7

47.6 48.8

50.5 48.6

50.2 51.5

46.9 50.2

47.8 49.9

49.3 49.8

53.1 49.3

49.5 50.1

To determine whether the bags are indeed being underfilled by the machinery, the manager must conduct a test of mean with a significance level a = 0.05.

In a minimum of 175 words, respond to the following:

State appropriate null (Ho) and alternative (H1) hypotheses.
What is the critical value if we work with a significant level a = 0.05?
What is the decision rule?
Calculate the test statistic.
Are the bags indeed being underfilled?
Should machinery be recalibrated?
Reply to at least 2 of your classmates or your faculty member or address any of the following subjects:

Explain the difference between the Null and Alternate Hypothesis.
Explain the difference between a One- and a Two-tail test.
How do we determine the critical value and why is it important?
What is the test statistic? How is it related to the area of significance?
Be constructive and professional in your responses.

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Biotechnology and our Food

Biotechnology and our Food

From genetic engineering to gene editing to nanotechnology, a number of biotechnology approaches are currently being used or being developed for use to improve the quality and quantity of our food supply. Is this a good idea? Select one of these biotechnology approaches and describe why this is a good idea, or why it is not a good idea. Use specific examples

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