HW 7 – Segmentation Analysis The Tables In The Attached File Show A Cross-tabulation Of Frequent -flier Mileage Categories (high, Med, Low) By Age-category (younger, Older). Please See Following For Details.

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HW 7 – Segmentation Analysis

The tables in the attached file show a cross-tabulation of frequent -flier mileage categories (high, med, low) by Age-category (younger, older). A travel offer was made to 5000 people in the analytic sample

•Table 1 shows the counts of the 5000 people in the analytic sample.

•Table 2 shows the counts as a percentage of the 5000 people in the analytic sample

•Table 3 shows the number of orders placed for the travel offer.

•Table 4 shows the response rate for the travel offer

HW:

1.Create a new table showing indexes of observed response rates, relative to the overall rate. Then based on the index table you created, create 3 segments labeled as follows (if nec., refer to textbook chapter 7, and slides from week 3, for a refresher on Indexes)

2.Segments: Yes (index >= 120), Maybe (index between 100-120), No (index <=100) 3.If the entire customer file is 100,000 customers, how many customers are there in each of the “Yes”, “Maybe”, and “No” categories? 4.What might be the observed response rate for the “Yes” segment that you want to market to? 5.Past marketing efforts (before this new segmentation) showed an overall response rate of 5.24%. If new offers are to be sent and targeted to the “Yes” segment, what is the expected response rate for the “Yes” segment? And what is the response rate index? 6. How many orders to the travel offer would you expect? Attached excel is the file of cross-tabulation of frequent -flier mileage categories. Attached slides(week8) is the related contents weekly slides. Please see the slides first and then do the chart for the highest accurate.Hi I need help my homework CD 129 I’m stuck on a English question and need an explanation. As you read chapter 4 you will begin to discover some key points as to why there is such a high importance to planning literature into your curriculum. Not only is literature an important content area on its own but it is also a part of every content area that we plan for and therefore it is important that is is used in planning across the curriculum. For this group discussion I want you to discuss some of the points you discovered as to why literature planning is so crucial to your curriculum. Include in your discussion how you would include curriculum into your environment and how you would use it across the curriculum (other content areas).BUSN601 discussion response: nursing assignment help services I need an explanation for this Business question to help me study. Hello, I need four responses of at least 200 words each for the below students discussions for this week. Also in the bold below are the questions the students at answering. Unfortunately, auditing is not necessary for effective financial reporting. Do you agree with this statement? In 300 words, defend your position. Student one: Position After reviewing this statement, I am going to have to respond with a resounding no. It is absolutely important for the financial activities of a business to be kept track of. This is how you avoid incidents of the illegal kind which would be bad for the boss who could possibly be unaware of such actions. The accountability of a company must be a thing, otherwise, who knows what kind of shenanigans they could get away with? Purpose Audits allow for an outside look at a company to ensure everything is legit with the company. This is to see to it that every transaction is recorded as to avoid any off the record transactions which is common occurrence believe it or not. The process is different for small time companies who only receive one review per year while big time companies require multiple audits which are done by the accounting staff. Now the accounting staff can deliver two types of opinions: unqualified and qualified. Ironically, unqualified opinions happen when the auditors believe the company is following all the accounting rules . Once this has been established, the statements are then made official. Qualified opinions have the opposite effect as this is when errors are found. As a result, auditors will then report a possible violation of the GAAP and what should be on the inside to rectify the situation. Until those corrections are made, auditors will not be inclined to sign off on anything. Importance Auditing financial statements are important for potential investors and economists alike as it assists them in deciding whether or not a company is truly in good financial standing by legitimate means. It mainly protects investors from making bad investments in shady and untrustworthy businesses. Auditors should not be seen as the enemy as their reports are only done in order to discourage and reduce the likelihood of fraud or corruption within a company as these kind of things should be frowned upon. Ultimately, these precautions are more than necessary for effective financial reporting and I feel it would be unwise to think otherwise. References Retrieved from https://www.affluentcpa.com/audit-of-financial-statements-under-us-gaap/ Retrieved from https://www.investopedia.com/terms/a/audit.asp Vitez, Osmond. (2019). Purpose of Auditing Financial Statements Retrieved from https://bizfluent.com/about-5179679-purpose-auditing-financial-statements.html Student two: Hello all In regards to global business, the International Accounting Standards Board (IASB) sets forth and manages the International Financial Reporting Standards (IFRS). These standards provide guidelines for businesses on how to report different different transactions and financial events within their organization. (Lumen Learning, n.d.) Financial reporting is extremely important, and aims “to provide financial information that is useful to others in making decisions related to providing resources to the entity.” (International Accounting Standards Board [IASB], 2018) This is done a number of ways, including four very important financial statments: income statement, balance sheet, statement of retained earnings, and statement of cash flows. (Lumen Learning, n.d.) Unfortunately, these four financial statements may not always be accurate, whether intentional or unintentional, and can cause many problems for the business as well as investors. One way to verify the reported information is to perform an audit, which could be internal or external. Internal auditing is done inside the company and generally focuses on efficiency matters. External auditing is done through a licensed professional that has no ties to the company, which in the United States is a Certified Public Accountant (CPA). (Lumen Learning, n.d.) External auditing helps to take some of the bias out of the audit itself and the objective “is to enable the auditor to express an opinion on the financial statements if they are prepared in all material respects under a financial reporting framework.” (Vasile, E. & Gruia, P., 2018) By following a set of guidelines and standards, the auditor is allowed the ability to objectively report their findings regarding the company’s financial statements. In my opinion, it is extremely important for a company to engage in external auditing of their financial reporting. I also feel that it is 100% necessary for auditing to occur if a company wishes to keep their financials in check and steer clear of any financial scandals. It is an essential part of business in general and should be considered a necessary means for keeping the company financially healthy. References International Accounting Standards Board. (2018). Conceptual framework for financial reporting. Retrieved from www.ifrs.org/-/media/project/conceptual-framework/… Lumen Learning. (n.d.). Accounting and taxation in global business. Retrieved from https://apus.realizeithome.com/RealizeitApp/ContentDelivery.aspx?Token=aNYykCmNB67yN6Icr3Mj2qlur0E6s4Unlk3SsUN5gvwM5YzGjCpWACnEZ31aKE6lseTj1idL6kJcoii2QtmHn7y2fx4Dj8xEbv96uIveh26G7q7sSdzFIRxTYUol82fSXYOEh8AM1r23T94BCTKe4Gh8ycZyk9FgzZExuqyHSyoXZxgQzfZazFrrcTMCJVBtkkmC1Fd9BrX0YHHUPXblsBlVRuC0HULyusqvCEsrC9UERIebfQRlMxKiE3gZGL9RXPw0yWSaB67wECr3YxnrqDtYk3EyK4w6gk1QEIBZK5Ye4PnEL0yUw50NzevdwOOE97FTovi3YPpObjy9MR7lNJyT2Cn3h72x7OiD6JkLdK8YjiIN5tiTZzXLuturSjqDfHuuXoyVJOqJgboXIEJVSrh0YQvuXh8wH2IJF1S5KT1fdJT8tPx6pgRLlx5Qog9XrHC7QVFxOOI8T1ufcGBjiZIru4HYvZcl4 Vasile, E. & Gruia, P. (2018). The importance of financial accounting auditing in the identification of economic criminal activities. Audit Financier, vol XVI, no 3(151), 398-406. doi: 10.20869/AUDITF/2018/151/019 Student three: People tend to mess things up from time to time. When it comes to the financial side of a business, it can happen on purpose or it can happen because someone made a mistake. It’s important for businesses to take steps so that their shareholder can feel comfortable about the numbers that are being reported. For this reason, I do not agree that financial auditing is not necessary for affective reporting. There are two main types of auditing; internal auditing and external auditing. Internal auditing takes place from an agent within the company who will look at various aspects of the company to see if it is operating properly or if it can be improved. These reports are viewed by the leadership within the company and a determination is made on whether or not changes are needed to meet external auditing standards. External auditing can only be performed by Certified Public Accountants who are operating independently from the company. They must submit their findings using specific forms, unlike the internal auditors who can submit findings in any format. External auditors, in my opinion, give a better sense of direction on a company for its shareholders. There is a lot less of a chance of tampering with external auditing results. Auditing fraud goes back years. In 1938, McKesson & Robbins, a drug company, was caught after they tried to fake 20% of its assets. K-Mart even convinced “big suppliers like Coca-Cola and Kodak to report promotional payments before they were actually paid.” (Fisher, 2011) They were able to do this by threatening to pull their products if things didn’t go the way they wanted. Luckily, this information came out and shows us just how far companies will go to make themselves look better on paper. External auditing is a big way to keep companies honest. Sean Miller Resources: ACCOUNTING AND TAXATION IN GLOBAL BUSINESS. (n.d.). Retrieved from https://apus.realizeithome.com/RealizeitApp/ContentDelivery.aspx? Bragg, S. (2019, July 9). The difference between internal and external audits. Retrieved from https://www.accountingtools.com/articles/the-difference-between-internal-and-external-audits.html. Fisher, D. (2012, July 8). Scamming The Auditors Is As Simple As Cut And Paste. Retrieved from https://www.forbes.com/sites/danielfisher/2011/11/08/scamming-the-auditors-is-as-simple-as-cut-and-paste/#4177b482a432. Student four: Hello Class, This week’s post propounds that auditing is not necessary for effective financial reporting. I disagree with this statement. An audit can be defined as an intricate examination of the financial reports of an organization. It is used to reassure various stakeholders than an organization’s accounting reports are accurate. This task is usually done by a CPA who accumulates and evaluates a company’s accounting records. Audits can be internal or external. An audit serves several purposes which ensures effective financial reporting. Firstly, an audit ensures compliance. Most industries have statutory requirements (Sanghavi, 2019). An audit gives both the organization and stakeholders the peace of mind that the organization is compliant. On the other hand, if an organization is non-compliant then there will be fines, damage to the firms reputation and damaged to customer relationship (Sanghavi, 2019). Another benefit of an audit is business improvements. An audit is an in dept look into the internal systems and controls within an organization. The insight gained can be used to identify arears for improvement. An audit can identify deficiencies in accounting practices, governance, culture and business systems (Sanghavi, 2019). Credibility is another result of an audit which makes an audit necessary for financial reporting. An audit is an independent and impartial verification of financial statements. The results are a “true and fair” representation on an organization’s current situation. Therefore, investors, stakeholders, customers, lender and other entities can use it to establish credibility (Sanghavi, 2019). An important benefit of an audit which cements its importance is its ability to detect and prevent fraud. An audit can detect fraud, errors and corruption. An auditor an detect weakness and establish the systems and controls needed to eliminate these areas of risk (Sanghavi, 2019). A major part of an audit is the analysis of financial transactions. While doing so an auditor will go over income, assets, liabilities and expenditure. This step can be used to provide insight to improve financial planning, budgeting and financial decision making. An audit is an immeasurable tool for any organization. It provides insight, direction and credibility. Reference Sanghavi, B. (2019, January 29). Top 5 Benefits An Audit Provides. Retrieved from https://www.uhyhn.co.nz/2019/01/29/top-5-benefits-an-audit-provides/.150 words discussion post and two 50-100 words replies (F): assignment help philadelphia I’m working on a Philosophy question and need guidance to help me study. Instructions: In order to receive credit for these assignments (in general) you must do a number of things: 1. Have a post of at least 150 words on topic. 2. Contain one citation. (do not worry about this for the first assignment) 3. Include the password I drop in the audio lectures (do not worry about this for this first assignment 3. It must use one of the WRAITEC ( The goodthinker’s toolkit) letters as a tool to prompt yourself. How does one use WRAITEC? It is rather straightforward; pick one of the letters (such as R for reasons) and focus on the reasons for Aristotle making this or that claim. Any letter can be used, but be sure to be clear which it is you are using (at least for these first couple weeks of class). Additionally, you owe your fellow inquirers two replies. This means you can either reply to two different classmate’s responses, or respond to someone who has replied to you. These replies should actually attempt to engage with your eachother. Posts consisting of very basic sentiments (mere regurgitation of what your class mate has said in order to prove you read their post to me), will receive no credit. A good way to not make a mistake here is by asking questions of your fellows. Such questions will encourage further conversation. These replies should be about 50-100 words, Ultimately, this means I want to see three things from you weekly: a response, and two replies. A note on grading: these assignments are credit/no-credit (either 1 point or no points). You make ask the question “if there are two replies, and I only do one, do I get half credit?” The answer is no–Half points will not be awarded for these assignments. Also not that these weekly assignments total 30% of your overall grade (responses being 15% and replies being 15%). I mention this, because missing these assignments will quickly add up to hurt your grade with no way to really earn points back in this category. This week PDFs, discussion question and audio file is in below link: https://drive.google.com/drive/folders/1Df87tGOX2QXWdRc1hOUIYqOqbU8GFnew?usp=sharingWeek 4 Tech. based training methods I don’t understand this Management question and need help to study. Respond to the following in a minimum of 175 words: Recall the readings and activities you have completed this week and research a TED Talk or other academic video that applies to one or more of your weekly objectives. Objective: Technology based training methods Answer the following questions and include a link to the video: What do you find interesting or surprising about the information in the video? How does it relate back to your weekly objectives? Reply to at least two of your classmates. Be constructive and professional in your responses. Student One Today I watched a Ted Talks video with speaker Tony Wiggins titled Re-thinking the way we value older workers. Older workers this day in age are around 45 years or older. By the year 2020 4 out of 10 workers at the age of 45 or older will be out of work. Tony suggested if companies re-engaged worker 45 plus in age this would: create 625, 000 more workers, boost the economy, decrease homelessness, improve personal health and create support to farmers and regional towns. Employees forget that older workers something very vital to the company and that is workplace wisdom. They have well development communication, life experience, and resilience in turbulent times. I enjoyed this video because it relates to this week reading centered on training older workers. Although there may be a major change in how older workers adapt to changes in job demands, they have the ability to overcome because of their resilience. Video viewed: https://www.youtube.com/watch?v=tVaeNy3QGec Student Two I chose a video this week involving a discussion on improving team performance. The video, “How to Turn a Group of Strangers into a Team,” by Amy Edmondson on TED talk, https://www.ted.com/talks/amy_edmondson_how_to_turn_a_group_of_strangers_into_a_team?utm_campaign=tedspread&utm_medium=referral&utm_source=tedcomshare, discusses what “Teaming” is and the formal definition of a team, and the difference between the two. Amy defines team as, “a stable, bounded group of individuals interdependent in achieving a shared goal.” She also defines “Teaming” as “teamwork on the fly” or the frequent changing of team members and how best to work together. The modern workforce is ever changing, so do the people doing the work. Everyone doesn’t get to choose their team members but working together is an integral part of the success of a business. Amy used the 2010 mine collapse in Chile as an example of her term “Teaming”. She went on to explain how different people from all over the world, different professionals, volunteers, and special forces came together to create a solution to recover the men trapped in the collapsed mine and rescue them as quickly and safely as possible.

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