Bernoulli's principle

I am the Graff Diamonds Hallucination watch. My design is made up of 110 carats of colored diamonds set into a bracelet of platinum. I was purchased by a person firstly because of my overwhelmingly expensive price of $55 million. My owner bought me also because I am the most expensive watch in the world. I am always getting bragged about in front of others who are not as fortunate as my owner. Another reason I was purchased, is because my owner does not realistically plan their money. The person…

From the ROC plot, It compares the train model vs. the valid model performance and it clearly states that train model is more efficient than valid model. Train model has more efficiency to predict that which customers would purchase the affinity card. Scorecard Points Overall N Overall % AFFINITY_CARD has an affinity card no affinity card N % N % BULK_PACK_DISKETTES NO PURCHASE 0.00 276.00 36.85 73.00 38.42 203.00 36.31 PURCHASE 24.00 473.00 63.15 117.00 61.58 356.00 63.69…

Business Aspect This section will further assess the principles adopted by JCB in developing National Payment System and discuss some matters relatted with business and oportunity in National Payment System. • Who’s set the price and transaction fee? For On US and OFF US transaction, for debit and credit card…

What is Six Sigma? • Statistical measure and a management philosophy • Used to symbolise standard deviation • A measure to determine how good or bad the performance of the process is i.e. how many mistakes the company commits while carrying out the process. The dabbawalas were awarded the six sigma certificate by the Forbes Magazine as part of the quality assurance study carried out by the magazine n their operations. What it meant was that the dabbawalas made one mistake in 6 million…

CHAPTER 1 INTRODUCTION OF ORGANIZATION 1.1 Background of Yamani Angle Sdn Bhd Yamani Angle Sdn Bhd a private organization that majoring in publishing was established in 28 November 2008. Yamani Angle Sdn Bhd was lead by the Director of Publications, En Fahizul Bin Haji Dahlan who has experience and knowledge in the field of publishing for more 10 years. In addition, Yamani Angle Sdn Bhd moves forward because of the skilled and dedicated staff. Yamani Angle Sdn Bhd believes its involvement in the…

Recommendations and Lessons Learned Mah Sing Group Berhad has shown outstanding performance throughout the years from 2013 to 2015. Some lessons that can be learned from the company have been identified. Firstly, the company has a high level of cash pile estimated to be RM1.1bil in 2015 which is double of 2014. Deposits, cash and bank balances consist of monies received from purchasers and also for the payment of property development expenditure incurred. High cash piles offers security against…

Introduction American Way, which also called as Amway is an company to sell health, beauty, and home care products. Amway way was founded in Michigan, USA by Jay Van Andel and Rich Devos in 1959. It described as “the world’s no. 1 direct selling company” in which according to the Direct Selling News Global. Besides, it also ranked in no.29 among the largest privately held companies in the US. It has the business more than hundreds of country and territories. In Malaysia, AMWAY stands tall within…

According to Kotler, Armstrong (2016) service perishability means that services cannot be stored for later sale or use, which may be considered as a disadvantage to marketers in services industry. Service value exists only at that point of customer transaction and does not exist if a customer is not present. Production can only take place if the customer is actually present and once consumption begins, it cannot be stopped, interrupted or modified. Taking into consideration the Tourism Industry,…

In the introduction of this paper, it was said that Aquinas did not write any treatise on economics itself and merely tackled economics under the cardinal virtue of justice. In Question Seventy-seven (77) of the Second Part of the Second Part of Summa Theologica, sins committed when buying or selling is discussed. From here, along with other sections of the Summa Theologica one will be able to grasp the economic theory of Thomas Aquinas of the just price. Firstly, it must be established that…

INTRODUCTION Our company, M’GIC Hands Sdn. Bhd. was established on August 1st 2015 with RM50,000 as our capital. We have produced the very first product named as the Magic Holder and on the process to get into the market. The Chief Executive Officer (CEO) of the company is Miss Nik Nur Shakirah binti Mohd Saufi while the Chief Operation Officer (COO) is Miss Norina Nisa’ binti Puri. At the same time, Miss Norfazilah binti Mohd Rosli is elected as our Chief Financial Officer (CFO) and the Chief…