Domestic International Market Free Essays

Kinds of assets and abilities underlie BMW Approach to Innovations. Established In 1916, Bayberries Motormen Worker GAG, notable as BMW, Is a German car organization, shopping center headquarter In Munich, Germany. All things considered, BMW otherwise called one of the main assembling of extravagance vehicles. We will compose a custom exposition test on Local International Market or then again any comparable subject just for you Request Now These days when we are walling structure Apple Inc. To dispatch their new age imaginative phone, a similar picture BMW has in today’s world market with respect to their new creative highlights extravagance vehicles. BMW has picked up the status of imaginative extravagance vehicles by using its best assets and give best characteristics to its client. There are many vehicle organizations UT there yet just scarcely any organizations in this industry are earned a title of developments, and BMW starts things out in that rundown. The fundamental explanation for BMW achievement is their own Research and improvement revolve the world over, BMW bunch burn through billions of dollar behind this R to give best quality and creative item to its clients. BMW comes In top 25 organizations of best brand an incentive on the planet, today Its image esteem surpassed to 25 Billion dollar on account of Its R and Innovative Ideas of extravagance vehicles. There are in excess of 8500 representatives are working at Research and Development revolve of BMW around the world. At the point when I glance over to the BMW bunch site, I discovered numerous realities about BMW with respect to their inventive procedures. At the point when I survey their site I discovered that at present BMW R groups are working for 2020 result of BMW. The mechanical production system of BMW is likewise positioned first in the car business by their creative procedure of assembling extravagance vehicles. BMW are increasingly centered around their productive development process by its imaginative culture. The structure of company’s culture are more accentuation on separate and imaginative thoughts, and there is no uncertainty that BMW is holding outstanding amongst other skilled pools of workers and cosmologies to move toward the advancement. According to my sentiment BMW will keep up Its title of Innovation in view of their development advances, for example, utilizing own streamlining motor, lower outflow advance advances, home, zap and recently created associated drive advances. Bum’s Sustainable Production. Bum’s manageable creation has concentrated on numerous significant components as it referenced underneath. Trend setting innovation by lessening discharge of CO to half. BMW is pioneer in utilizing sustainable power source for creation and worth. Electro portability. Continuously prepared for future test by cutting edge innovation. Consistent improvement in worker inspiration for advancement. Less utilization on normal assets underway. Portability designs. Raising workforce mindfulness by giving fundamental preparing to the representatives. Item Safety. Supportable development and procedure. Additional concentrating on Opportunities Strong Brand Value. According to the flow BMW vital activity viewing the future creation just as with cutting edge imaginative innovation, BMW is the main firm I discovered who can endure considerably after we will out of the fuel vitality, BMW had just begun taking a shot at hydroelectric propelled vehicle creation, condition neighborly and wellbeing icicles, propelled creation process which causes BMW to keep up its title of inventive firm. How do the assets, capacities, and exercises of BMW add to its separation technique and special situation in the business it has accomplished? By utilizing trend setting innovation and imaginative thoughts for creation and best quality item, BMW had earned the best brand an incentive in car industry. BMW is likewise perceive as pioneer of advancement in vehicle industry, I despite everything recollect that when I purchased Phone AS which had highlight of Sir, yet I additionally discovered that BMW had built up this component long in 2006 in their BMW 7 arrangement Models. None of the firm in car industry had accomplished in trend setting innovation yet and BMW bunch is the main organization who looks to the future and apparatuses its activities towards the long haul. All things considered, BMW isn't one in particular who is spending enormous sum on RD, there are numerous other car industry does same, yet the uniqueness of BMW is the procedure and system they are utilizing, the diverse culture of development spread in BMW, the status of advancement and trend setting innovation, the status brand and numerous other factor are consider to be the uniqueness of BMW. BMW had keep this inventive title structure most recent two decades reason for their uniqueness and separate procedure where other car organizations discover hard to receive it, the primary purpose for this uniqueness is the firm’s association culture of development where all workers are permitted to think extraordinary and something new that world had never observed. The most effective method to refer to Domestic International Market, Papers

Tiger Woods Essay -- Golf Biographies Papers

Tiger Woods â€Å"Given the year we simply experienced in golf, it would be incredible on the off chance that we see anything in 2001 that will even remotely think about. We saw a mind blowing season by the game’s most prevailing player-in this time or some other. We perceived how fans and players the same could regard the game in a worldwide rivalry. Furthermore, we have seen the game’s perceivability skyrocket† (Strange 20). â€Å"Are you prepared for me† (Kindred 232)? - Tiger Woods showing up on the visit with this well known TV ad that introduced him as a skilled golf player as well as an in your face crusader against racial segregation. These statements make it understood of Tiger Woods’ sway on the sport of golf and the amusement world all in all. Yet, how could he arrive in such a state? Under Gardener’s Model, Woods fits in the substantial sensation knowledge, however all expert competitors have this attribute. To be the best in the game of golf, a player must have different insights. Tiger Woods is extraordinary on the grounds that he mixes that with incredible intrapersonal, and relational abilities, and his minor insights of verbal phonetic, and academic accomplishment. Youth/Origins of the Dominant Intelligence: Eldrick â€Å"Tiger† Woods is clearly an ace in the substantial sensation knowledge. The part African American, part Asian golf player was conceived December 31, 1975 in Orange County California to Earl and Kultida Woods. Baron Woods acquainted him with the game very quickly, and by the age of two he was at that point a star, showing up on â€Å"CBS News† and the â€Å"Mike Douglas Show†, putting with the incredible Bob Hope. The following year he shot a 48 for nine holes at the Navy Golf Club in Cypress, California. ... ...4-G8. â€Å"Is Tiger Woods the Greatest Golfer Ever?† http://www.standrewsgolf.ws/tiger-woods 2000. Related, Dave. â€Å"Tiger Woods Grows Up. Golf Digest April 2000: 77-78, 232-242. McDaniel, Pete. â€Å"Take the Tiger Test.† Golf Digest April 2000: 80-83. â€Å"PGA Championship Rating Jumps from Last Year.† www.synchrocanada.com/99PGAChamp/aug16-pga.html. 1999. Sherman, Ed. â€Å"Roots of accomplishment stopped in garage.† www.chicagosports.com. 2001. Spitzer, Gabriel. â€Å"Tiger, Tiger, consuming splendid and costing enormous bucks.† www.medialifemagazine.com. 2001. Peculiar, Curtis. â€Å"An Eye on the Game.† Golf Magazine January 2001: 20. Villiotte, Erin. â€Å"Williams World Challenge Presented by Target to Benefit Special Charities.† www.twfound.org. 2001, Pgs. 1-2. www.pgatour.com/players/profiles. 2001. www.texnews.com. 2001, Pg. 1-5. www.world.std.com. 2001

NCLEX-RN article review Essay Example | Topics and Well Written Essays - 1000 words

NCLEX-RN article survey - Essay Example NCLEX-RN ® pass rates are important to the staff in proficient nursing projects, organizations, and the calling, as they speak to a proportion of workforce and program viability; accreditation offices and state sheets of nursing anticipate graduate achievement; and the calling of nursing needs arranged experts as it faces a lack of authorized proficient medical caretakers in the working environment. NCLEX-RN ® pass rates are of uncommon enthusiasm to potential understudies who may pick a program because of detailed rates, and graduates who are not effective may confront uneasiness and money related misfortune. Catchphrases: NCLEX-RN ®, nursing, calculated relapse December 2010 NCLEX-RN ® Success: Are There Predictors The National Council Licensure Examination for Registered Nurses (NCLEX-RN ®, henceforth NCLEX-RN) was founded in 1984, moved to modernized testing (CAT) in 1994, expanded in trouble in 1998, 2004,[ 7] and again in 2010. Since the start of licensure assessments for medical attendants, there has been variable enthusiasm for examining factors identified with pass rates with intrigue elevated during times of declining pass rates. Accomplishment on this assessment has boundless repercussions for understudies, nursing schools, and bosses. A lot is on the line identified with first-time pass rates. The ID of elements influencing NCLEX-RN achievement is valuable for nursing schools in settling on choices about confirmation necessities and educational program issues. Factors related with execution on the NCLEX-RN might be ordered as scholastic and nonacademic. Scholarly factors remember scores for the Scholastic Aptitude Test (SAT) or the American College Test (ACT), execution in pre-nursing courses and chose nursing courses, and scores on normalized nursing evaluation tests. Nonacademic factors related with NCLEX-RN ® execution incorporate the taker's age, sex, ethnicity, English as the essential language, and basic reasoning skills.[ 4] The m otivation behind this investigation was to inspect understudy scholarly factors from a baccalaureate nursing system to figure out which elements might be prescient of understudy accomplishment on the NCLEX-RN assessment. This nursing program, in the same way as other others, saw a decrease in NCLEX pass rates after the trouble of the assessment was expanded in 2004. As opposed to endeavoring to make changes to the educational plan erratically, the personnel chose to do an orderly evaluation of factors that could be affecting the pass rates. Precise appraisal gives proof with the goal that understudies who are in danger for disappointment can be distinguished early and remediation and additionally educational plan changes might be organized. Audit of Literature Beeman and Waterhouse utilized a comfort test of 289 baccalaureate nursing understudies who graduated somewhere in the range of 1995 and 1998 to analyze indicators of accomplishment or disappointment on the NCLEX-RN examinatio n.[ 1] The most critical indicator of NCLEX-RN disappointment was the quantity of C+ or lower grades got in nursing hypothesis courses (r = - .394, P†¦0001). Higher evaluations in other center nursing courses and pathophysiology were additionally connected with NCLEX-RN achievement. Discriminant examination was utilized to foresee 94 percent of the understudies who passed and 92 percent of the understudies who fizzled NCLEX-RN. The creators noticed that this information is accessible before the finish of the main semester of our understudies' senior

Comparison Between The Western And Eastern Part Of World - 275 Words

Comparison Between The Western And Eastern Part Of World (Essay Sample) Content: Name of the StudentName of the professorSubjectDateSocial Superiority: A Comparison Between theWestern and Eastern Part of worldThe social superiority of a historical period describes about the social class that dominated the society under a particular era. The world has witnessed the existence of superiority in every period marked as significant in history. Whether it is the eastern part or the western part of the world, the preeminence of one class over the other has been the matter of discussion in the milestones of history. The comparison of the eastern and western literature developed during the 10th century can be the best instances of this phenomenon social superiority.The comparison of the Japanese literature The Pillow Book with the European literature The Song of Roland can make it clear that in every part of the world, the phenomenon Social Security existed. The Japanese literature The Pillow Book has been composed in Japanese hiragana. This has been writte n by Sei Shonagon during early 10th century. At that time, she was working as a court lady to Empress Consort Teishi in Heian Japan. The authors were well admired in the Japanese court and they enjoyed good position for good literary work. This work contains short and witty sentences which show the likes and dislikes of the people of that era. One of the sentences from the book shows how witty her sentences were: In spring it is the dawn that is most beautiful. The social superiority in the Heian period was established by the aristocratic people. The people in that era preferred the literature written in native language of Japan. The social superiority was established by the noblemen. The aristocrats favoured the literature and the authors enjoyed a good status in the society.In comparison to the eastern part of the world, the western part of the world witnessed the supremacy of the church. The Song of Roland describes the importance of church in the social strata. The Christian ki ngs and their noblemen enjoyed great status in the society. In the 10th century Europe, the Catholic Church became more powerful and determined to hold a series of campaigns in the Holy land. The superiority of the church is felt in the story of The song of Roland where it is depicted that a martyr moves to heaven. The Church was in support of establishing its superiority through declaring campaigns against foreign invaders such as Moslems. The church declared crusades against the Moslem lands. The church and pope in the 10th century Europe were in advantage of declaring crusades to recapture the land of Christ ("Song o...

The Caleb’s Crossing by Geraldine Brooks - Free Essay Example

Sample details Pages: 7 Words: 2221 Downloads: 2 Date added: 2019/10/10 Did you like this example? The Caleb’s crossing novel is a book that was written by Geraldine Brooks giving details of the history of America before the revolution. The book describes the values held by the American society at that time through the use of two main characters which are a young boy and a girl. These two start off as friends and end up becoming lovers. Don’t waste time! Our writers will create an original "The Caleb’s Crossing by Geraldine Brooks" essay for you Create order However, their relationship encounters numerous challenges with the greatest one being separation from each other. The young Puritan girl is portrayed to be deeply in love with a native boy, and they start a long term relationship which they vow to protect no matter what happens. The two lovers last for a period of years whereby the book narrates the chronicles and their struggles to retain their individual identities. The narrative also gives an explanation of Christian values held by the society at that time and relationship between sin, salvation, and rebirth (Brooks, 2012 p. 24). The book is generally divided into three segments that describe the situation of Bethia the Puritan girl as she carries on with her life. The novel wastes no time in presenting the effects the English have had upon the Wampanoag. The first agreement between them, allowing for English settlement on the island, brings to light some of the cultural differences and misunderstandings that would plague relatio ns between the groups. My creative response to the narrative is that I support the author’s perception that disparity in religious practices and cultural practices between the puritans and the natives was the main cause of tension and disagreement in the society at that time. The contrast between cultural and religious practices is evident in many scenes throughout the book. The first part describes the meeting of Bethia and Caleb whereby they become good friends and Bethia request her parents to let the boy come to live with the family. However, the parents are reluctant to allow that as they believe that the kid has got no strong Christian background. The relationship between the natives and the Puritans is depicted to be filled with conflicts based on religious and cultural identities. Brooks has written the book to depict a world of emotion, struggle, and cultural conflict in which the people in the narrative are caught up between these differences that are based on culture. The beginning scene in the narrative plays a fundamental role in portraying the creative response presented in this paper. This is depicted through Bethia who stays awake listening to her father who a preacher is arguing with her brother about a boy that they wanted to bring to the family. Bethias brother Makepeace argues that the boy has a little difference with a pagan and therefore should not be allowed into the family (Nehls Lourdes, 2012 p.13). His father, however, has a different opinion and thinks that the boy could be taught about Christianity and transform to become a Christian. This argument scene shows the strong Christian values that the Puritans had at the time. The contrast of religious practices is depicted in the scene whereby the two parties decide whether the boy should be brought into the family based on his Christian faith. The author, in this case, does not focus on the other many differences that the boy would have, but only chooses to show emphasis on the issu e of religion (Brooks, 2012 p. 38). Notably, religion was one of the primary factors that brought differences between the Puritans and the natives. The Puritans had a strong belief in Christianity and discouraged interaction with the natives to avoid erosion of both their cultural and religious values. The book also expounds on the tension that existed between the whites and the natives at that moment. Notably, this tension originated from the difference in practices and religious beliefs. This tension also existed in Bethia’s family after Caleb the boy originating from the natives was brought in the family. The family believed that the boy was quite different from them and would take them time before they convert him to Christianity (Bound, 2012 p. 136). Caleb and his friend give in to the pressure and are determined to learn Christianity and convert to the Christian religion thus suppressing their native identities though it resurfaces occasionally. The two friends do this in order to fit in the whites society as the society would not treat them well if they realized that they were natives. Bethias family faces numerous losses which make the life for her Makepeace, Caleb, and Joel quite hard. Caleb and Joel to change their identities and personality though their native culture still resurfaces. The whites at that time were determined to convert the natives to Christianity, and any natives who refused to convert were perceived as hostile (Mulrine, 2008 p.41). Living in the society of whites as a native was not easy especially for a person who could not suppress their native character traits. Bethia gets involved with a son of the headmaster and at the same time, another girl named Anne comes to study. The girl is impregnated by a white man of considerable economic and social class. When she suffers a miscarriage, Bethia is quick to handle the situation and prevent the news from spreading to the rest of the society (Brooks, 2012 p. 79). The girls did not want the story to spread due to the tension that existed between the two groups involved and if the society knew that t he girl had been impregnated by a white man that would have fueled enmity and conflict. Caleb and Joel were studying about Christianity and the white culture in schools that were entirely run by the white people. Bethia believed that the studies transcended racially-defined judgments and negative attitudes imposed upon the two friends by their teachers and their fellow students, raising them to the top of the class. The issue of violence and conflict emerges again as Caleb and Joel are about to graduate (Oladipo, 2003 p.325). Some natives come forward and murder Joel as a way to show resentment of white invasion on their territory as well as the religious influence that they had caused in their society. The natives were not happy with the spread of white ideologies as they believed it eroded their cultural and religious practices. The difference in culture and religion sparks a heated conflict between the natives and the white. The novel presents the theme of culture and religion through a contrast of the practices of the Wampanoag native society and the white society. The Wampanoag is present as a natural, organic, relaxed and harmonious society which has much respect for their neighbors. However, the author presents the whites negatively by portraying them as demanding, influential, invasive and restricting (Brooks, 2012 p. 113). This is rooted from their intentions to influence their culture and Christianity to the natives. This sometimes was done through forceful ways that led to the development of hate and resentment between the two societies. The theme of cultural and religious contrast appears subtly throughout the novel and is evidently the main cause of tension and conflict between the two societies represented. Christianity is presented as a good religion which views the natives with a lot of positivity which is shown by various characters in the novel. For instance, John Mayfield and his ministry are heartfelt and genuine everything, and that earns him trust from the immediate society. However, the colonialists who also happen to hold Christian faith are harsh and view the natives with a lot of negativity. Marthas Vineyard was settled by Bethias grandfather as an attempt to escape the harsh, nearly despotic rule of the colonial mainland, where people had been tortured in the past with some having their ears and nose chopped off. A native woman who was pregnant was cast off to the wilderness with her children by the white colonizers which worsened their relationships with the natives (Brooks, 2012 p. 8). As these punishments were meted out by the colonial Governor to his Christian brothers, a dark picture of the organized faith of the time emerges. Though not negative throughout, the church of the time has an edge to it that may be disturbing to modern readers. This shows how the disparity in religious faith between the natives and the whites was a primary cause of conflict. This would remain a considerable source of tension between the two communities, helping to spark the native uprising that takes place toward the end of the novel. An Englishmen describes the complaints of a band of marauders in much the same terms which show their opinion regarding the natives. Some are heard referring to them as wicked trouble makers when they complained about their hunting and grazing land that had been taken by the whites (Brooks, 2012 p. 280). The whites had coerced the natives to sign an agreement that gave them possession of their land. The natives claimed that did not understand the terms of the agreement and therefore the whites used that to trick them into depriving them their land and property. The differences in ideologies between these two societies kept on recurring and at times resulted in violence. The Native Americans involved the claim that they did not understand the agreement. This clash over Generally, the cultural and religious values of the European settlers and the Puritans were very different though they all were believed to be Christians. The natives on the other side based their religion on their culture which focused on traditional approaches to worship. Access to resources was also granted based on the ethnic background of a person as well as their religion. Caleb was a native boy who had no chance to access education (Deidre, 2007). However, after he was taken in by the Puritan family, he could now attend school and focus on learning Christianity as well as other cultures of the Puritan society. Bethia Mayfield who is the daughter of Mayfield a local minister of Christianity manages to interact with people from both sided of the ethnic divide. Being a Puritan, she is expected to set a good example for the rest of the Puritan girls. She manages to strike a perfect balance between the love she has for her culture and friendship with people from different of ethnic backgrounds (Caleb’s crossing, 2011 p.47). This enables her to get along with different people who increase her understanding of cultural diversity. Despite being a Puritan, the young girl has a growing curiosity and interest in the cultural practices of the Wampanoag tribe that populates the island. The young girl meets Caleb a young Puritan boy, and from their friendship, she is able to note the numerous cultural and religious differences that the Puritan had from the natives. Bethia’s exposure to the culture and the religion of the natives gets her torn between her Puritan Faith. Though she seems to be committed to Christianity; she is still affected by the influence of her native friends.   The major differences occurring between the culture of Bethia and her friends keep on bringing differences. For instance, Bethia thinks that Caleb and Joel are taught a lot of negative stuff in their Christianity classes. When she meets Caleb, Bethia escapes from the stern and pious community in which women were not empowered and were expected to remain silent and submissive. Bethia is denied education simply because the culture of the community that denies women from venturing in such issues (Brooks, 2012 p. 224). The differences with Caleb, however, inspires her and he struggles to understand her dogged sense of duty and deference. Even as he chooses to adopt her religion, he encourages her to rebel and questions the obedience at the root of her faith. This again depicts the resistance and rebellion that characterizes the relationship between the natives and the Puritans. The relationship between Bethia and Caleb at first causes a lot of tension in her family where they are not sure whether it would be right to bring the native boy into the family. That shows the level of suspicion and mistrust that the two societies had. The colonial whites on the other side claimed to spread Christianity but engaged in methods that promoted tension and conflict within the society. Caleb rises to defy the odds of their culture and becomes the first native boy to graduate while Bethia becomes a house help as the culture of the Puritans did not allow girls to venture into education. Berthia is not pleased with what her society expects from her as she too wanted to get educated and experience the interaction with people from different cultures. The book describes the values held by the American society at that time through the use of two main characters which are a young boy and a girl. These two start off as friends and end up becoming lovers. However, their relationship encounters numerous challenges with the greatest one being separation from each other. The young Puritan girl is portrayed to be deeply in love with a native boy, and they start a long term relationship which they vow to protect no matter what happens. The creative response that disparity in religious practices and cultural practices between the Puritans and the natives were the main cause of tension and disagreement in the society at that time is evident in many scenes throughout the narrative.

How First Person Narration Affects The Overall Story

There are lots of better writer and novelist in the world who have given so many books and novels for reading, I have read some of them and some are discussed with everyone. There are famous writers like A. A. Milne, Ernest Hemingway, Mark Twain, Charles Dickens, J K Rowling, Lewis Carroll and the list does not end here. They have given books for fiction, Children’s Literature, Literature, plays, short stories, Biographies, Fantasy, Poetry, and so on†¦ First of all, what is First person narration? The first person narration is ‘The Story is told by a character that participates in the action of the story itself. First person Narrative is used by an author who wants a personal/subjective/intimate point of view’. In this essay, I will discuss the ways that first person narration affects the overall story which contains many things like Plot, settings of the story, Characters, the point of view, tone, irony, and symbolism. The story also contains many things fo r the third person too. But apart from all this, I m going to discuss the effects of the first person three main points are on styles and variations point of view and benefits of writing in the first person. Some other points are displayed in front. First I will discuss the style and variations then everything else. First of all, there are lots of things to discuss in styles and variations like detective novels, Rashomon effect, and Sequential multiple viewpoints, separate multiple viewpoints. So starting withShow MoreRelatedA Unique Point Of View1563 Words   |  7 Pages A Unique Point of View Unique point of view strongly influences Scott F. Fitzgerald’s â€Å"Bernice Bobs Her Hair† and Sandra Cisneros’ short story â€Å"Eleven.† â€Å"Bernice Bobs Her Hair† portrays a girl willing to give up her unique character to form a new and attractive personality from the help from those around her which she hopes will make her more mentally attractive. Furthermore, Sandra Cisneros’ â€Å"Eleven† captures a girl emotionally unsettled who observes in herself that while she turns eleven,Read MoreAnalysis Of Maxine Hong Kingston s The Woman Warrior 1547 Words   |  7 Pagesher narration compelling and relatable to the audience through her unique style of storytelling. The ever-present changes in perspective lead one to see how each event eventually affects Kingston. Her comparison of her life to that of Fa Mu Lan brings out the difficulties in her living in America while her mother had grown up in China. This hero myth allows her to connect to those values that Brave Orchid holds which make her so hard on her daughter. The telling of Brave orchid’s talk-stories in firstRead MoreThe Use of Narratives and Its Effect on Stories747 Words   |  3 PagesNarratives and Its Effect on Stories The use of narrative view are important for an author. It determines how the reader interpret the story and ultimately understanding the theme. 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A Restaurant Chain Plans to Open its Second Restaurant in London

Questions: Scenario A restaurant chain plans to open its second restaurant in London. To ensure this is a viable move, the shareholders are keen to understand the market. Therefore you are asked to carry out a planned data collection an data analysis to help the board of directors in understanding the customer preferences (e.g. incomeprice, age price) 1. Required to use a variety of sources for the collection of data, use a range of techniques to analyse the data, produce information in appropriate formats for decision making and use appropriate software-generated information. 2. Produce a pack which includes presentation slides, spreadsheet and a business report. Your spreadsheet must include the data from your chosen sample size (max 50) together with the graphs and trend lines. Answers: Executive Summary The business report deals with the business plan of a new restaurant business that is going to be expanding in the city of London. In order to view and interpret the perceptions of the customers, the organization needs to collect the data from secondary and primary sources. With the view to this, an adequate questionnaire has been prepared by the company to judge the preferences of the customers. This has been shown with charts, tables and trend line analysis. On the other hand, the major finding is that the company needs to set up its pricing strategies low and the customers want low priced restaurants. Introduction For all the business organization, business plan is an important function for all the projects of the business organization. The current case deals with the restaurant business who is about to expand its second branch in the city of London. For this reason, the company needs to prepare a proper source of collection of data from different primary and secondary sources (Paynter, 2010). After the collection of data, the data has been analysed with the help of statistical tools and different pie charts, line graph and trend analysis. Task 1. Sources of data collection 1.1 Plan for primary and secondary sources of data The main purpose of collection of data is to identify the needs and requirements of customers in the restaurant segment of London. The data will be collected in two different forms. These are primary data and secondary data collection. Both these types of data will help the restaurant group to identify the preferences of the customers in terms of age, price and income of the customers. All these types of question will further assist the business organization to identify the various segments of customers and how the organization is required to pursue the conducted research analysis (Legay, 2011). This data will further help the restaurant group to carry on its future operational activities in an effective way. 1.1.1 Collection of data: Secondary Secondary data collection can be obtained with the help of several sources. The five major sources of the collection of data from secondary sources are restaurant websites, marketing journals, social blogs, newspaper articles and social networking site reviews. The biggest advantage of collection of data from secondary sources is that these forms of data are easily available for the company and all these data are extremely cost effective and can be obtained within a particular time frame (Koskinen, 2012). On the contrary, the disadvantage of these forms of data collection is that these forms of data cannot be authenticated and can be easily manipulated and misinterpreted. 1.1.2 Collection of Data: Primary Once the secondary data is calculated, the restaurant group can go for primary data collection methods. In this case, the target audience of the restaurant group will be the customers of different London restaurants. The primary data collection method can be obtained from five major sources. These sources are face to face interviews, telephonic interviews, distributing questionnaires, pilot survey and online surveys (Hudson, 2014). All these sources will direct the organization to achieve their strategic business goals and objectives. There are various advantages of primary data collection methods. One of the biggest disadvantages is that correct and accurate information can be obtained from the respective sources. All these data can be reliable for the organization for a longer period of time. The pivotal issues of the organization can be easily nullified with the help of primary data collection (Choo, 2013). However, there are various disadvantages of primary data collection methods. The biggest disadvantage is that it is very time consuming and the process of the organization can be delayed by a large extent. Apart from this, it will incur high operational costs for the restaurant business organization. Moreover, the respondent customers may give inaccurate and invalid response towards the business organization. On the other hand, the company will require many sales executives to carry on the process of primary data in an effective way. For this reason, the organization can go for recruiting process or head hunting process to build up a proper and efficient human resource management team (Doring, 2012). After the efficient build up of human resource management team, the organization needs to carry on the primary data by preparing a survey methodology and a proper sampling frame for the research. 1.2 Survey methodology and sampling frame The overall process of survey methodology can be defined and developed by following an adequate process. The major elements are preparing the methods, collection of methods, analysis of the methods and the respective feedback. At the very first step, the organization needs to define and develop the population and then implement it in the sampling frame and sample size of the primary research (Koskinen, 2012). 1.2.1 Population of the survey Population in statistics can be defined as the group of elements under a particular focussed group that have one or two characteristics in common (Quagli, 2011). For the restaurant group, the population will be the restaurant customers in the city of London. 1.2.2 Sampling Frame The sampling frame can be defined as the maximum number of customers that the sales executives of an organization is targeted to reach under a given time frame by the organization (Yadavalli, 2012). The total sampling frame of the research can be around 90, as it will be the whole research work validated. 1.2.3 Sample size The sample size will be selected as 60. This will make the research more validated and accurate. On the other hand, it can be assumed as the responses of 30 customers will be considered invalid or incomplete or inaccurate. This will further help the organization to organize the research in an ethical manner and in a feasible way. Apart from this, the customers are segmented on the basis of their age, income and their price preferences. The organization needs to segment it properly to make the research more accurate and more effective. 1.2.4 Survey methodology There are various survey methodologies the company can use. The organization can undertake the research by following a descriptive approach of the sampling frame. This will further help the researcher to undertake the research in a more descriptive and accurate manner by considering all the various elements of the research (Paynter, 2010). On the other hand, deductive approach will help the organization to conduct the research in a more accurate way. Non sampling Error This error occurs when the researcher imposes several biased questions to the respondents of the research. Such kind of questions needs to be avoided by the researcher (Koskinen, 2012). Sampling Error The error of sampling can occur when the respondents of the research fails to judge the questions of the research. 1.3 Questionnaire and its justification There are total 6 survey questions that the organization can prepare. These questions will be mixed in nature. These are dichotomous questions, open ended questions and close ended questions. All these questions have been assumed on the basis of quantitative sources of data to analyse the pricing preferences of the customers. It can be justified that all these questions will help the organization to validate the questions and infer the questions on an accurate basis. Question 1: In what age group do you fall in:- a- Less than 25 b- 25-35 c- 35-45 d: - 45 and above Question 2: What is your monthly income? Less than $25000 b. $25000-$35000 c. More than $35000 Question 3: What are perceptions in food prices? High b. Low c. Depends on Quality Question 4: If the food is of high quality, then will you prefer high priced foods? Yes b. No Question 5: Do you think your needs and demands are satisfied with the current restaurants of London? Yes b. No Question 6: Is there is a space and opportunity for new restaurant? Yes B. No 2.0 Range of techniques to analysis the data 2.1 Decision making analysis The analysis of the data will help the company to analysis the future prospects of the organization. It will assist the company to build up their pricing strategies according to the demands of various segments of customers (Doring, 2012). 2.2 Summary and analysis of data with the help of mean, median and mode The data can be summarized and analyzed with the help of mean, median and mode. Mean is the average of all the respondents of data in an effective way. On the other hand, median is the mid value of the respondents of the questionnaire. Apart from this, mode can be defined as the maximum value that occurs among the respondents of the customers (Yadavalli, 2012). The average age or the mean of the respondents is coming as 47.8 (Refer to Excel Sheet). The mean average income of the product 34538.33 and almost 52 percent of the respondents preferred low range products price. There are many merits and demerits of mean. One of the advantages is that it is very easily to calculate and it is a cost effective simple process. On the contrary, the process of mean ignores the time value of money for the organization. Median- The statistical tool of the median helps to calculate the mid value of the statistical tool of data. On the advantages of using this data is that it can be easily calculated and it does not consider the extreme values of data. However, the biggest disadvantage of median is that the calculation of median is costlier than mean (Quagli, 2011). Mode- The statistical tool that has been occurred the maximum times of frequencies is known as the mode of the dat. In case of calculation of data, the mode of the research is coming as 52 percent in case to interpreting the prices of the products. Therefore, it can be analyzed that most of the customers in the city of London prefers low prices of the products irrespective of their income and ages. The responded customers preferred high products if the products are of high quality. 2.3 Measures of dispersion in the research The measures of dispersion can be calculated with the help of the statistical tool of slandered deviation. Slandered deviation is a tool which helps to find out the variances of the statistical data. It is also useful to measure the normal distribution analysis for each question given by the respondent customers. It will further help the company to measure the risk of variances in the data in such a way the organization can implement its strategic plans and approaches (Koskinen, 2012). The standard deviation in the case of price preferences among the customers is coming as 15.13 (Refer to excel sheet). Therefore, the percentage is very low in the given data, therefore, it can be opined that the data is less risky for the restaurant chain organization. 2.4 Usage of quartiles, percentile and correlation The statistical tool of quartile is used to make and calculate the mid value and division of a given data. The quartile range of the data of the customers will help the organization will help the organization to measure the mid value range of the customers pricing strategies. In the given case, the quartile of the data can be calculated is 3 as it is the lowest value of the response of the customers in reference to the customer pricing strategies (Hudson, 2014). Correlation can be used by the business organization in an effective way. Therefore, it can be defined as the link or interlink of the given variables or elements of the price. Correlation is of two types. These are positive correlation and negative correlation (Choo, 2013). It can be inferred that there is positive correlation between the income of the customers and their perception towards pricing strategies. Percentiles will further help the company to find the percentage of customers while segmenting the pricing strategies of the products. Percentiles can be of various types. It may start from zero and end up to 100th. Therefore, percentiles can be very useful for the business organization to measure the dispersion of the perceptions of the customers (Hudson, 2014). Task 2 3.1 Conclusions from the given line graph and bar charts The projected sales can be done after selecting an appropriate pricing strategy of the customers. Fig 1: Projected sales of the company (Source: Created By Author) Fig 2: Choice of customers with high price products with quality (Source: Created By Author) Fig 3: Pricing preferences of the customers (Source: Created by Author) From the above analysis, it can be inferred that almost all the customers have preferred low price products. Apart from this, it can be inferred that all the customers almost all the customers will prefer high priced products if the quality of the products is good. According to this, the business organization may increase the sales of the organization if the company has predicted the exact demands of the customers to a certain extent in the city of London (Yadavalli, 2012). On the basis of this, the company is required to plan its customer strategies, according to the needs, demands and preferences of the customers of London. The company may go for low pricing strategies initially; however, if the quality of the product is good, then the organization may select high pricing strategies according to the data given in Fig 2. 3.2 Trend lines of the preferences of customers due to seasonal changes The following graph shows the responses of customers due to seasonal changes. Fig 4: Trend line showing the changes of preferences due to seasonal changes (Source: Created By Author) The following trend line shows that the preferences of customers changes according to the seasonal changes of products. Therefore, the company needs to plan its strategies in such a way that it suits the needs and demands of the customers according to the changes of demand. On the other hand, it will further help the company to improve its position and grow a suitable market share in the city of London. 3.3 Presentation of the report The overall presentation of the report has been shown in the attached PowerPoint slide. 3.4 Findings There are several findings that can be interpreted to the business organization. One of the major findings is the there is a good scope for the company to gain the confidence of the customers. If the quality of the service of the customers is good, then the company can gain a good amount of market share in the market. Otherwise, the company can opt for low pricing strategies in order to cater a wide range of customers. 4.0 Software generated information 4.1 Usage of informational processing tools Management information system will help the organization to gather a large set of information tools. There are several levels and stages of the management of the organization. These stages are tactical, strategic and operational. Information system is extremely useful for the process of data mining, data storage and data warehousing. Therefore, this is very useful to make all sorts of possible information to the company (Paynter, 2010). On the other hand, the organization can make and interpret several strategic business decisions by forecasting the future trend values of the organization. On the contrary, several tactical decisions can be done with the help of implementing data in an accurate time and schedule of data. Therefore, all sort of information can be obtained with the help of management information system. 4.2 Project management plan The overall project management plan has several stages. These are preparing a critical path analysis, pert chart and a Gantt chart. The critical path analysis can be done with the help of scheduling of activities. This is as follows:- Fig 5: Critical path analysis (Created by author) The critical path analysis is coming as 6 weeks. This further suggests that the overall activities will be undertaken by the organization within 6 weeks after its planning. From the critical path analysis, the company can calculate the early time, early start, early finish, late time, late finish, etc. Early finish will help the organization to calculate the task that has been finished before time. On the other hand, the early start will help the organization to identify when the job is actually started. Similarly, the organization can collect late finish and late start time (Financeformulas.net, 2015). On the other hand, the pert chart is directly linked with the critical path analysis of the project. It shows and reflects the tasks that can be performed on a sequential basis that is step by step. The pert chart is as follows:- Fig 6: Pert chart of the project (Source: Created by Author) On the other hand, Gantt chart or Time Table will help the business organization to undertake the project within the current possible time. The Gantt chart of the company is as follows:- Planning 1 week Secondary collection 1 week Primary collection 3 weeks Analysis 2 weeks Implementing and monitoring 1 week Total 7 weeks Table 1: Gantt chart for the business plan proposed (Source: Created by Author) 4.3 Use of financial tools to calculate the data There are various financial tools that can be used for the decision making purpose. These are cash flow, net present value, internal rate of return and discounted cash flow The cash flow of a particular organization can be calculated as it will help to identify the cash inflows and cash outflows (Quagli, 2011). Cash from financial activities 250000 Cash from investing activities 10000 Cash from operating activities 90000 Opening cash 55000 Closing cash 70000 Table 2: Cash flow of the organization (Projected) (Source: Created By Author) Net present value can be defined as the financial tool that can be measured by the business organization. It will help the organization to identify the present cash position of the organization (Hudson, 2014). On the other hand, internal rate of return will help the organization to identify the rate of return of the organization of the particular project. Both net present value and internal rate of return helps to make the project feasible for a particular period of time. Both the net present value and internal rate of return can be calculated with the help of the following table:- Initial Investment -100000 Cash flows 1st year 85000 2nd 55000 3rd 55000 4th 53000 $8,226.76 NPV 56% IRR Table 3: Calculation of Projected Net present value and Internal Rate of Return (Source: Created By Author) The business organization that is the restaurant chain can also use the tool of discounted cash flow apart from net present value and internal rate of return (Financeformulas.net, 2015). This tool will help the organization to forecast both the present and future cash flows in a discounted cost of capital. Conclusion From the above analysis, it can be inferred that the restaurant business organization needs to set up their pricing strategies according to the demand and requirements of the customers. Most of the customers want low pricing products the company needs to implement low pricing strategies. Adding to this, the organization may adopt high pricing strategies with quality. References List Books Corrias, M. (2012). Restricted ROC curves are useful tools to evaluate the performance of tumour markers. Statistical Methods in Medical Research Roberts, P. (2011). Effective project management. London, UK: Kogan Page. Journals Choo, K. (2013). Forensic collection of cloud storage data: Does the act of collection result in changes to the data or its metadata?. Digital Investigation, 10(3), pp.266-277 Doring, H. (2012). 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