Statistical Models for Strategic Management

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This chapter discusses the methodological issues associated with such phenomena and the appropriate statistical methods developed to allow for consistent and efficient estimation of models that involve a limited dependent variable. The chapter also provides a road map for selecting the appropriate statistical technique and it offers guidelines for consistent interpretation and reporting of the statistical results. Bowen, H. Emerald Group Publishing Limited. Please share your general feedback.

These techniques are typically applied before formal modeling commences and can help inform the development of more complex statistical models.

ACCA P3 Chapter 2 Strategic planning models

Students will learn exploratory techniques for eliminating or sharpening potential hypotheses about the world that can be addressed by the data. This course is a survey of the five basic functions included in the practice of management. The role of the manager in a technologically-oriented society will also be discussed. This course examines real-world applications of database security and auditing models.

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These concepts are integrated with planning, organizing and implementing disaster recovery procedures as applied to business data systems. Introduces the principles and practices of information security including security models, internal and external security threats, and attacks. Topics include cryptography, network, mobile, host, applications, data, access control, and operational security.

The course provides an in-depth presentation of security issues in computer systems, networks, and applications. Formal security models are presented and illustrated on operating system security aspects, more specifically memory protection, access control and authentication, file system security, backup and recovery management, intrusion and virus protection mechanisms.

Discussion of importance and implementation of the business continuity plan, disaster recovery plan, risk assessment to business. Presents standard topics in introductory statistics for students whose major is not mathematics. Topics include descriptive statistic, probability distributions, estimations, hypothesis testing, linear regression, correlation, and other topics.

Provides a foundational and practical knowledge of project management principles.

Identifies tools and processes for managing projects using both Waterfall and Agile methodologies. This course is an educationally-directed practicum through which students are expected to progress in their professional development.

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This course is focused on important principles of Christian business leadership with an appropriate field experience under the supervision of a competent supervisor. As a primary goal, students implement a major team-based software product based on their own software documentation and planning from the previous semester. As a secondary goal, student study and practice software engineering concepts, principles, and methodologies as relevant to the implementation phase of software engineering.

Statistical Modeling for Management

This course is an overview of the use of financial accounting and cost accounting data for the design and preparation of reports to aid management in organizing, directing, controlling, and decision-making functions. The topics include the fundamentals of cost accounting, budgeting and responsibility accounting for cost and profit centers.

This course is designed for beginning programmers with limited experience that will advance their knowledge of Java to an intermediate level. In this course students will learn how to use the basics of Java, to create simple and efficient Java applications. Provides traditional analysis, design, programming, testing, and integration for enterprise applications spanning a variety of platforms and technologies.

This program portfolio of enterprise applications includes Financial, Learning Management, Research, and Student Systems. Emphasis will be on the fundamentals of router configuration, managing router software, routing protocol, and access lists. An introductory study of the functional areas of business to help students realize the integral role business plays in the economy and our lifestyles. Topics include the major elements in the business environment, forms of business ownership, competition in the domestic and international market, management of human and financial resources, marketing, business technology and information management, accounting, and business and personal finance.

It is a study of fundamental principles of law applicable to business transactions. The course specifically relates to the areas of legal environment of business, contracts, and sales contracts. Introductory probability and statistics for both of IT and business students. Topics include descriptive statistics, probability, expectations, binomial, normal, sampling distributions, one and two sample estimation and testing. This course examines customer relationship management CRM and its application in marketing, sales, and service.

Applied Statistical Modeling | SAGE Publications Ltd

Companies strive to use CRM to optimize the identification, acquisition, growth and retention of desired customers to gain competitive advantage and maximize profit. Students interested in working with customers and CRM technology and would like to be responsible for the development of any major aspect of CRM will find this course beneficial.

Emphasis is given on both conceptual knowledge and hands-on learning using a leading CRM software. Students will gain an understanding of what insights big data can provide through hands-on experience with the tools and systems used by big data scientists and engineers without having previous programming experience.

Students will be guided through the basics of using data analysis applications and will experience how one can perform predictive modeling and leverage graph analytics to model problems. This course will prepare students to ask the right questions about data, communicate effectively with data scientists, and do the basic exploration of large, complex datasets. This course gives a foundation to the practical business applications of social media in a marketing world. Through Facebook, Linkedin, blogs, YouTube, Pinterest and other platforms, students discover that social media is for more than just making friends and that there are now only a few degrees of separation globally.

Students learn that social media is about marketing at the right time, place and with the right message for existing as well as prospective customers with both legal and ethical behaviors. CIS Introduction to E-Commerce 4 Units This course will examine the evolution of data communications as a tool for commercial transactions. The history of networks and the Internet in transacting business will be reviewed. The marketing, financial and technical components of the e-commerce market will be examined so that students will be familiar with the motivations and operations of this rapidly growing worldwide marketplace.


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E-commerce will be analyzed as the primary facilitator in the globalization of the world economy. The technical aspects of planning, developing and implementing e-commerce websites and electronic transfers of business transactions will be studied. The direction of strategic research also paralleled a major paradigm shift in how companies competed, specifically a shift from the production focus to market focus.

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The prevailing concept in strategy up to the s was to create a product of high technical quality. If you created a product that worked well and was durable, it was assumed you would have no difficulty profiting. This was called the production orientation. Henry Ford famously said of the Model T car: "Any customer can have a car painted any color that he wants, so long as it is black. Management theorist Peter F Drucker wrote in that it was the customer who defined what business the organization was in.

The fallacy of the production orientation was also referred to as marketing myopia in an article of the same name by Levitt. Over time, the customer became the driving force behind all strategic business decisions. This marketing concept, in the decades since its introduction, has been reformulated and repackaged under names including market orientation, customer orientation, customer intimacy, customer focus, customer-driven and market focus.

Forecasting Tools and Techniques in Strategic Management

Jim Collins [34]. Jim Collins wrote in that the strategic frame of reference is expanded by focusing on why a company exists rather than what it makes. In , Professor Ellen Earle-Chaffee summarized what she thought were the main elements of strategic management theory where consensus generally existed as of the s, writing that strategic management: [10]. Chaffee further wrote that research up to that point covered three models of strategy, which were not mutually exclusive:.

The progress of strategy since can be charted by a variety of frameworks and concepts introduced by management consultants and academics. These reflect an increased focus on cost, competition and customers. These "3 Cs" were illuminated by much more robust empirical analysis at ever-more granular levels of detail, as industries and organizations were disaggregated into business units, activities, processes, and individuals in a search for sources of competitive advantage.

By the s, the capstone business policy course at the Harvard Business School included the concept of matching the distinctive competence of a company its internal strengths and weaknesses with its environment external opportunities and threats in the context of its objectives.


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This framework came to be known by the acronym SWOT and was "a major step forward in bringing explicitly competitive thinking to bear on questions of strategy". Kenneth R. Andrews helped popularize the framework via a conference and it remains commonly used in practice. The experience curve was developed by the Boston Consulting Group in It has been empirically confirmed by some firms at various points in their history. Author Walter Kiechel wrote that it reflected several insights, including:.