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Question: Suppose you applied to be a waiter or waitress at a local restaurant and asked the manager what a typical dinner shift was like. How might the manager describe the typical size of a party at a table? The mode would be useful, since there are a few repeated values. You might have an occasional table for 20, but, for the most part, parties consist of one to five people. What if you asked for the typical size of a check, so you could estimate your tips? The mode makes no sense, since you would not likely have many repeats, and the mean is easily distorted by that table for 20, but the median tells you that half the time you can expect to earn a certain amount of money in tips.
Now suppose you were a real estate agent and you were asked by a client about the "typical" home in a subdivision. Being the astute agent you are, you have gathered the following information on each house in the subdivision: Price, square footage, numbers of bedrooms, number of bathrooms, and age. What statistic (mean, median, or mode) would you use to describe each aspect of the typical home and why? Try to imagine the type of answers you would be giving your client based on your selections for a subdivision that has 100 homes with a wide variety of sizes and prices.
You were recently hired in a boundary-spanning role for the global unit of an educational and professional publishing company.
Describe who will comprise your management team, and what talents or skills each of the team members will bring to the organization. Include a simple organizational chart.Outline a McKinsey 7-S assessment/model as it applies to your business.
"I FIRST THOUGHT THIS PROCESS WOULD BE A WASTE OF TIME, BUT THE INFORMATION HAS HELPED ME BECOME MUCH MORE CAREFUL OF HOW I SPEND MY MONEY."
Can principles of scientific management and the job characteristics model both be used to design a job? Explain why or why not.
Consider one of the following ethical situations that could arise when a company such as Trillo Apparel Company requests an outside contractor to perform work. determine what potential ethics are involved in that situation
Analyze the problem you plan to solve clearly and specifically. Analyze the internal and external environment of the company using SWOT analysis.
Meet with the chief financial officer of a local healthcare organization. Conduct an interview to determine what financial metrics.
How are these concepts applied to restrict state government taxation of businesses engaged in interstate commerce?
What is the relationship between mass customization and rapid product development
ABC Corp. has just paid a dividend of $3 per share. You-an experienced analyst-feel quite sure that the growth rate of the company ' s dividends.
Which of the following currencies had the largest depreciations or devaluations during the July to November period?
What are the key factors of global information systems?This is an information technology Question
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