5 questions Essay Example | Topics and Well Written Essays - 250 words - 1

5 questions - Essay Example The business would be mainly financed by my own money ( savings); however, a loan would also be secured to ensure that all the physical set-up of the place as well as operational expenses would be covered for the first six months of operation. The planning part is executed well since the owners have already prepared a reasonable budget. There is also a need to spend for marketing by hiring a public relations agency that can suitably promote the restaurant to its target market. The cafà © can be considered competitive for three good reasons 1) the food selection that is considered healthy for the heart 2) the cozy and intimate ambience that is different from other competitors since our cafà © has a love theme 3) excellent service to the customers. As for the third reason, the owners have decided to give attention to the training and development of its crew since good service is highly correlated with profitability. In conclusion, this cafà © business would be profitable on the assu mption that quality service and good promotions would be implemented by the

Build a Model (Micro) Essay Example | Topics and Well Written Essays - 500 words

Build a Model (Micro) - Essay Example Therefore higher the percentage of students with disability, lower will be the API. API is highly dependent on the credential of the teachers. Higher the percentage of full time teachers in a school the better will be the API. In other words higher the dependence of a school on part time teachers, lower will be its API. In this model we want to visualize that how the parental education will affect the school performance. Ceteris Paribus, we see that Y = aX1 + z where z is a constant and a>0. If we want to plot this relation we have to measure average parent education on x axis measured in unit years and API being dependent variable on y axis. API is a unit free measure. The curve will be an upward sloping curve with a slope of dY/dX1 = a. Here we have done a cross sectional study with API of ten schools. API of year 2000 has been recorded and average parent education across various schools has been recorded. Now in this model we want to see how the API gets affected if we introduce a third variable say average class size. If the average class size increases, given the average parental education factor unchanged, then the API will fall and the curve will shift downwards. Due to increase in class size, given a fixed number of teachers, the teacher student ratio will fall leading to a poor academic growth of the students and lower API. The data and the diagram below show the effect. Here API 2000_revised is the API with new variable