Market Channels Name Institution Market Channels The supply of goods occurs through channels. The process involves intermediaries which are comprised of independent groups as well as organizations that are within marketing channels. This allows the availability of products for consumption. In the marketing chain, there exist four significant forms of intermediaries which are: retailers, agents, distributors as well as wholesalers. Intermediaries make goods easily accessible to consumers. In this discussion, therefore, we shall examine the intermediaries available Anthem Incl, which is a health insurance company. Anthems employ all four types of intermediaries in its operation. It has a pharmacy program with about 70000 agents in the world. They have also provided a site for provider application which serves as retails for their services and products. They have various significant bases for their operation, which acts as wholesalers as well as distributors for their products. The product distribution process is an essential factor that allows companies to move their products to retail or wholesale stores through the use of intensive, selective, and exclusive distribution (Armstrong,…
Data and Descriptive Statistics The incorporation of descriptive statistics is a summary of coefficients for a given set of data. The data could provide the representation of a sample or the whole population involved in the analysis. This type of statistics is useful in understanding and describing the features found in particular sets of data. The description is carried out by summaries of the measures and samples of the given data. The standard categories of descriptive statistics are inclusive of the measure of central tendency, which involves mode, median, and mean. These are the primary examples utilized in all levels of statistics and mathematics. Sampling Method The method of data collection intended for the research is the use of questionnaires among college students found in the university. The selection of the respondent will be random among the chosen sample population for conclusions and discussions. The use of the internet would also assist in issuing the questionnaires, and some of the respondents are to be reached by telephone. Questionnaires will be issued randomly, but care will be observed to avoid being…
Statistics essay Statistics can be defined as the science of collecting and analyzing numerical data in large quantities. Most probably for inferring portion in a whole from respective samples. In that regard, the only way I can improve quantitative and statistical reasoning is by understanding the statice rules. Much of the analytical thinking is based on an interpretation of the set data, which includes statistical summaries and graphical analysis. Analytical thinking can be defined as the way people make ideas employing statistics. As a student, statistics help me to collect the data effectively, analyze them, and more so to interpret. Also, it is behind crucial process on how we make discoveries in science, make data decisions, and father more makes a prediction. Above all, some statistical concepts are beneficial to someone’s life. These concepts are the sampling concept, analyzing the idea, and interpreting concepts. The three concept helps one to understand the working environment. For instance, when operating a business. Statics will enable you to understand the best site to locate your business. That is by collecting market information and…
Performance Budgeting The United Kingdom’s (UK) performance measurement dates back to 1987. It constitutes the efforts of the government to promote the use of indicators by which the public can compare and evaluate the performance of public service institutions. However, the performance measurement in the UK has certain drawbacks in that they mislead the public and have severe implications for some institutions. This paper discusses the imprecision of the performance measurement in the UK, the negative impact of the performance measurement indicators, strategies to limit the adverse effects of performance indicators (PI), and comparison with the United States performance measurement. The Parent’s Charter, for example, require the examination agency to publish the comparative league tables of both national curriculum test and examination results for all schools and education authorities. The league tables capture the ranking of schools based on the computation of average achievement of student’s scores on national curriculum test outcomes of 7, 11, and 14 years old. These results are combined with the scores for the General Certificate of Schools Education corresponding to 16 years-olds and A-levels…
Statistics in Action Executive Summary Companies across the globe incorporate statistical practices that are essential in managing data assessment processes. Data analysis focuses on examining information that is essential in developing sensitive decisions in the business. A company can encounter a data analysis win or challenge that can affect overall organizational processes. The paper will focus on assessing the statistical practices of Alphabet Corporation. Currently, the company is encountering three significant problems, including the development of regulatory risks, skeptical workers, and maintaining substantial profits. The company needs to shore its earnings because it spends large amounts on research and development processes. However, the corporation’s CEO assumed his position on 3rd December, which is a threat to managing activities and developing decisions. The company needs to overcome the difficulties of facilitating data analysis procedures that are essential in creating critical choices. Association of the Article with a Statistical Practice The statistical practice incorporated in the article is examining the company’s profits, shares, and employee turnover to develop significant decisions. The piece provides information regarding the current share value of the corporation,…
5 Things to Consider when Repurposing Content for DOOH The annual Spend on digital out-of-home (DOOH) advertising in the US is expected to grow from the $3.47 billion of 2019 to $5.22 billion by the end of 2023. Whereas other forms of advertising are becoming less effective, DOOH, capitalizing on digital signage, is fast becoming the go-to option for marketers. Consumers have become accustomed to screens. This is why digital signage is more effective than traditional out-of-home advertisements. Compared to static billboards, DOOH allows advertisers to use video and other forms of dynamic content. More importantly, updating digital screens is easier and costs less. And, thanks to features such as live audience analysis, marketers can choose where and when to broadcast ads for maximum reach. One of the main challenges when it comes to digital signage marketing is content selection. A lot of thought needs to be put into content selection to ensure that your ad is engaging and elicits the desired reaction from viewers.. In many cases, advertisers are guilty of overusing or ineffectively repurposing Content for DOOH.…
The Decision-making process The Decision-making process could be confusing to individuals and may make them take too much time before coming to a consensus with their minds on what to do precisely. Individuals could either be satisficers meaning they make their decisions without worrying about getting the best outcomes out of them. They could also be maximizers, saying they would always demand to get the best results out of their decisions. Maximizers are perfectionists and would not want to get anything other than what is best of the possibilities for their choice. There is a negative correlation between maximizers and satisficers. This means that the two oppose each other so that one who employs one of the techniques would not like to apply the other. The correlation between the two was found to be -0.31748. However, the relationship between age and satisficers is positive, and the current study was found to be 0.35807. The findings of the present study are found to be similar to the results of (Roubal, Ondřej 2018 38-55). The study, however, used a sample of one…
Claim Fact-Check spec sheet As we’ve learned from our Language of Argument readings, every claim is only as reliable as the facts that support it. Sometimes readers can be manipulated by faulty inductive and deductive reasoning, logical fallacies, shaky authority, questionable statistics, or just really persuasive language that appeals to our baked-in belief systems. THE TASK Your task is to find a current, single claim relating to a free-speech issue at a public school or college campus and check it for accuracy and reliability. To do that, you’ll need to track down the claimant’s supporting evidence and reasoning and then examine that proof for reliability according to the 6 forms of argument found in our readings. This paper will be in the form of a logical syllogism: first paragraph is the major premise (claim) and research question, body of the paper will be the minor premise (analysis of the evidence), and the final paragraph will be the conclusion (your supported judgment about the claim’s reliability). Your research question for this paper is given: Is this claim reliable? …
Statistics Problems Question 6 The hypothesis tests whether the cost of the brunch is independent of the restaurant’s quality. The initial step is to formulate the null and alternative hypothesis. Null hypothesis: Cost and quality are independent Alternative hypothesis: Cost and quality are dependent Chi-square statistic (X2) tests for the independence between variables X2= ∑[(Oi -Ei)2/ Ei] Oi and Ei are observed and expected frequency counts of the variables S $.01-15.00 $15.01-30 $30.01+ Column Total T 4 25 22 38 85 A 3 17 28 35 80 R 2 40 30 25 95 S 1 43 45 22 110 Row Total 125 125 120 370 E1,1= 85*125/370= 28.71 E1,2= 85*125/370= 28.71 E1,3=85*120/370= 27.57 E2,1= 80*125/370= 27.03 E2,2= 80*125/370= 27.03 E2,3= 80*120/370= 25.95 E3,1= 95*125/370= 32.09 E3,2= 95*125/370= 32.09 E3,3 = 95*120/370= 30.81 E4,1= 110*125/370= 37.16 E4,2= 110*125/370= 37.16 E4,3= 110*120/370= 35.68 Oi Ei (Oi- Ei)2/ Ei 25 28.7 0.477 22 28.7 1.564 38 27.6 3.919 17 27.0 3.704 28 27.0 0.037 35 26.0 3.116 40 32.1 1.944 30 32.1 0.137 25 30.8 1.092 43 37.2 0.904 45 37.2 1.635 22…
What I knew Versus What I Learnt I have learnt much from the topic of homelessness. Before I knew homelessness was an issue affecting most of the Americans, but I did not have the idea that 3.5 million citizens are experiencing homelessness each year. Also, I have learnt there could different definition of homelessness depending on the underlying circumstance. For instance, in my case, I knew that homelessness was the absence of shelter for a family. Still, it could also be defined as living in temporary shelters, moving from one shelter to another, and living below the minimum standard. Further, the writer presented to me a glaring statistic that I had not come across before that those individuals who have been to prison just once experience homelessness at a rate nearly seven times higher than the general public. Similarly, those who had been incarcerated experience homelessness at a rate of thirteen times than the general public. The use of Ethos, Logos, and Pathos in the Paper The writer has applied the use of ethos, logos, and pathos to efficiently advocate…