Through their data mining and analytical efforts, Harrah’s management team recognised that there was a link between loyalty and exceptional customer service and hence developed strategies to match that. They allowed the data they had gathered to lead in the development of the brand’s marketing and general operations strategies. It is agreed that this was a remarkable strategy. It is evident that Harrah’s data was well organised, frequently cleaned and accurate, as the case presents instances when the company was able to easily slice and dice the data to drive its marketing strategy. This illustrated that Harrah’s had good data governance and total quality management practices in place to constantly improve the reliability of their analytics and resultant strategies.
Further it is also used for evaluation of loans (Eidleman, 2003), as it offers an excellent measure for evaluating the financial health of a subject business. It explicitly measure(s) a firm’s relative liquidity, longevity, operating profitability, leverage, solvency, and productivity—virtually all aspects of corporate performance, lead to clearer conclusions, avoid judgment bias, reliability. The Altman Z-score is a widely used measure that applies an algorithm that has been found to have useful predictive value on the likelihood of a business going
Notational analysis is an objective way of recording performance so that critical events in that performance can be quantified in a consistent and reliable manner. This enables quantitative and qualitative feedback that is accurate and objective. No change in performance will take place without feedback. The role of feedback is central in the performance improvement process, and so is the need for accuracy and precision of such feedback. The future of performance analysis appears to have a positive outlook as this sector has grown substantially over the past 10-15 years.
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It illustrates evidence-based research on how to make extraordinary things happen in organizations. This book has countless of inspiring stories of leaders using Kouze’s and Posner’s ideas of leadership in their organization and being extremely successful from it. Authors, Kouzes and Posner aim to help leaders engage in the best practices presented in their book, in order to strengthen and grow their leadership skills and abilities. It is simple to use because many people can relate to it. Most importantly, this book has survived throughout so many years due to leadership not being a fad, and not going out of fashion.
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Subjects like Electronic Devices and Circuits, Signals and Systems, Integrated Circuit applications have deeply interested me which became a reason for me to attain 80% plus marks in these subjects. I always was good at grasping things and due to the ability to view things practically have made me capable of achieving good scores. I always have concentrated on relating theoretical aspects with practical work which made it more vivid to understand the subject. Coming to my mini-project, it was about finding a solution to eradicate the excessive use
2 Literature review 2.1 Introduction A lot of Universities works to make their website efficient in such a way that provide an easy to use interface for every student. In this chapter Learning Management System (LMS) definition and architecture, e-LMS and a number of examples that illustrate theoretic concepts are introduced. It is necessary to know and understand how Learning Management System are used in making the interaction between students, teachers and their universities much easier. This is to ensure that the study that currently being conducted contribute at a certain level of application thus it become more efficient and practical. 2.2 Related work With the development of IT technology, network and programming languages, a Learning
CHAPTER TWO LITERATURE REVIEW 2.1 Introduction The idea of requirements traceability is to make high quality product by not changing requirements and ensure it meets the stakeholder viewpoint. This chapter highlights the importance of requirements engineering and its branches, requirements development and requirements management , as well as the focus of previous studies on requirements traceability. 2.2 Requirements Engineering “Requirement Engineering (RE) as a field, plays an important part over the entire process of product development” (Pandey, Suman, & Ramani, 2010). “The method of integrating RE in the product development cycle is largely affected by the acceptance and performance of a product in a market” (PC & Prabhu, 2012). RE is