Gaining critical business insights by querying and analyzing such a very big amounts of data is suitable need of the hour and become a challenge to the standard data taking out approach. This data comes from a broad range of sources such as logs, social communication, sensors etc. The organizations are facing new challenges to analyze vast amounts of information. The different aspects of the big data make it difficult to manage. Big data requires speed for its processing.
More changes are more and more necessary to survive and compete effectively in this new environment. More change always demand more leadership.” (Kotter, 1995). The BPO sector need more leaders than manager because of its fast paced environment and it continuously changes. The success of a leader in the BPO will be largely determined by how efficiently and effectively he /she respond to the challenges of change in the company. Change is inevitable, unavoidable and unstoppable and
Mixed methods involve the collection and integration of both qualitative and quantitative data in a study. Variation in data collection leads to much greater validity. The use of mixed methods answers questions from a number of different perspectives and ensures that there are no gaps in the data collected. It also ensures that pre existing assumptions of the researcher are less likely. Mixed methods approach can also be useful when one methodology does not provide the information that is required (Bulsara, n.d).
There are several approaches to measuring precision. We have measured precision using MAE (Mean-Absolute Error) . Mean Absolute Error is a quality to measure how close a prediction or forecast is to the eventual outcome. It is an average of absolute error over the number of samples. We have used Mean Absolute Error because it is simple, fast to compute and shows average error of all nodes in the experiment.
And also, if the customers demand increase, we need to increase the demand of our internal customers and so will pay more in the short term process (magrudy). • High and low product prices: Our products have different prices depend on the items. Some products are more expensive because the process of designing is long and very specific. And the others are set in very competitive price which is less than the cost of the high feature of the models that we provide it. This will affect the net income, and will lead to pay extra expenses (magrudy).
Qualitative can be done in focused area where it becomes less time taking and cost efficient. As a best part qualitative research is more empowering because in it researcher doesn’t relie on numbers in fact study the outcomes and then make a conclusion. It’s obviously the best choice when have scarce resources and limited time. Qualitative research enables the researches with diversity of techniques and helps him to achieve desired result through various ways. Qualitative method is more
Probability sampling will be the most appropriate method to use if the objective of the research is to estimate the population as a whole. Zikmund (2003) stated the benefit of using the probability sampling. In this method, every member of the population has an equal chance of selection, which minimizes selection bias and improves accuracy. There are many types of probability sampling: i. Simple random: Researchers allocate each member of the population a number and then select sample unit randomly.
That is another strength. And also a history of bringing those projects to development and managing the challenges of moving from exploration success to development and cash flow." Q4 - OE_Weaknesses What do you see as Tullow’s particular weaknesses as an investment? "You know, I think mainly it has been the balance sheet and level of spending. I think they were probably over infatuated with exploration and got to a point where they had become so big that they needed to push the needle and spend more on bigger and riskier projects in order to increase their net asset value.
It is seen that sometime high level of options offered to customer may confuse him instead of increasing his satisfaction; it may also lead to a production of the product which was in actual not desired by the customer . Since large number of quantity may leads to customer confusion, it is thus very much needed that sales process should me made so much easy and understandable that it don’t let customer to design something that is not appropriate or it should not let the customer to get confuse from the variety offered. Though, it is observed that high number of varieties offered for the customization makes the customer dealing process more complex, as the number of offered options for customization increase the “build up” process for customer becomes more complicated as the choice to get the best one becomes more difficult for the customer. This analysis makes the dealership process more prominent, it is thus important that sales process should be modified according to the needs of customization; it should be made as simpler as possible. So, mass customization puts lot of responsibility on dealer to simplify things.
The advantages and disadvantages of quantitative research method; advantages include that it gives the research a wide spectrum to measure and analyse the data, it is helpful when studying a large number of people, variables are analysed in detail, used to test hypothesis, all aspects of the study are carefully designed before the date is collected the researcher knows what exactly they are investigating and will give the researcher to be more objective. The disadvantages include it requires a large population of study, the process of analysis is complex and the study is expensive (Burns and Burns, 2008). The information derived from quantitative research gives the research an opportunity to dig deeper into the research and reveal a solid meaning of the specific study (Burns and Burns, 2008). The researcher will use non-probability random sampling when choosing