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Business Decision Making (Example)

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Business Making Decision Starbucks Name Institution Instructor Date Starbucks requires an effective strategy to address the problem of high traffic of mobile orders particularly across the United States. The problem is not only affecting the loyalty of Starbucks Company but also affects their efficiency in service and products delivery (Taylor 2017). An effective approach should utilize the data from a selected sample size so that to measure or rather determine the impact of the strategy that the company chooses to take. Collecting sample data requires the selection of good and effective descriptive statistics inferential statistics probability and trend analysis regression type and time series. This paper evaluates how the company can determine the type of data to use based on the applicability and effectiveness of the method selected. Descriptive statistics methods are essential when one wants to describe the characteristic of a set of sample data. However the methods the proposed solution against variables and help in identifying the trends and their potential impacts on the Starbucks operation. Through this it will be possible to ensure that the strategy is implemented correctly and necessary changes and preparedness to future occurrences are done in a timely manner a process that would improve Starbucks operations. References Chen R. Chang J. H. & Chen H. Y. (2016). Trademark identification and expansion-using visual information map to support trend analysis. Journal of Asian Business Strategy  6(12) 267-285. Harrell Jr F. E. (2015). Regression modeling strategies: with applications to linear models logistic and ordinal regression and survival analysis. Springer. Simonsohn U. Simmons J. P. & Nelson L. D. (2015). Specification curve: Descriptive and inferential statistics on all reasonable specifications. Spriensma A. (2016). Descriptive Versus Inferential Statistics. Journal of Endourology  30(1) 1-4. Taylor K. (2017). Strategy: Starbucks" biggest problem is only getting worse (SBUX). Pulselive.co.ke. Retrieved 7 October 2017 from http://www.pulselive.co.ke/bi/strategy/strategy-starbucks-biggest-problem-is-only-getting-worse-sbux-id6346454.html [...]

Order Description:

The instructions are listed in the document labeled "Business Decision Making" while the other document labeled "week 3" is the referenced document that will help you with the essay for the actual assignment

Subject Area: Statistics

Document Type: Dissertation Proposal

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $25

Words 550

Pages 2

Completed in 4 days

Expert Kelvin N

Client Review

Job well done, will hire again!

Positive
10.17.2017

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