Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Discussion: Step 4- Data Specification and Collection

The previous step of theory development helped you work out what questions to ask in order to address your issue. However, as explained back in the first week, analytics is about data-driven decision making, so you will need to answer those questions by gathering and analyzing the relevant data. This process of data gathering can be divided into two steps, the first of which is specifying as clearly as you can what kind of data you need and from what sources you need to gather them.

To prepare:

? Consider the public policy and administration issue you have been looking at since Week 4.
? Think about the type of data that would be useful to collect related to the variables and relationships identified.

With these thoughts in mind:

Post an explanation of 2-3 types of data that it would be beneficial to collect related to the public policy and administration issue you identified.

Explain where you might find appropriate data and any difficulties you would anticipate in looking for that data.

Attachment:- Step-1-Situation-Description.rar

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92780497

Have any Question?


Related Questions in Operation Management

1 how would you negotiate salary and benefits in response

1. How would you negotiate salary and benefits in response to this applicant? 2. If the government has a substantial government interest in restricting a particular form of commercial speech and the restriction directly ...

Learning outcome - justify roles of leaders followers and

Learning Outcome: - Justify roles of leaders, followers, and teams, and their influence on the culture and performance of an organization are addressed through the analysis of key organizational behavior. Critical Thinki ...

Governance and ethicsoverviewthe proliferation and ubiquity

Governance and Ethics Overview The proliferation and ubiquity of technology has presented great advantages and great challenges. The best practices of companies and organizations now include governance departments and in ...

1 define sustainable competitive advantage sca do you think

1. Define Sustainable Competitive Advantage (SCA). Do you think it is possible for a business to create an SCA? Defend your answer with examples. 2. The Wood Factory produces wood pellets at a rate of 6,000 annually with ...

While referring to the consumer marketing channels diagram

While referring to the Consumer Marketing Channels diagram, use a consumer product and examples of retailers and wholesalers, to give an example of each of the four potential distribution channels shown in the diagram. D ...

For a new product sales volume in the first year is

For a new product, sales volume in the first year is estimated to be 80,000 units and is projected to grow at a rate of 4% per year. The selling price is $12 and will increase by $0.50 each year. Per-unit variable costs ...

Designing the distribution network for michaelrsquos

Designing the Distribution Network for Michael’s Hardware Ellen Lin, vice president of supply chain at Michael’s Hardware, was looking at the financial results from the past quarter and thought that the company could sig ...

1 metrics must focus on upon customer needs and

1. Metrics must focus on upon customer needs and expectations. Explain the meaning. 2. How effective do you feel character-based appeals are in television advertising vs print advertising? In your opinions, what makes a ...

Case studyaccording to nancy reardon 2011 senior vice

Case Study According to Nancy Reardon (2011), senior vice president and chief human resources and communications officer at Campbell Soup Company, the goal the company’s CEO Institute is to “create the most meaningful le ...

A small company has 4000000 in annual revenue spends 47 of

A small company has $4,000,000 in (annual) revenue, spends 47% of its revenues on purchases, and has a net profit margin of 9.75%. They would like to increase their profits and they are looking at focusing in one of two ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As