This week’s discussion will focus on cultural negotiation using the case study Danone’s Wrangle with Wahaha (p. 255). This case is a cautionary tale of how important cultural differences are when forming a strategic partnership or joint venture with companies from different countries. Our content this week reflects on the impact of […]

In managing its Euro Disneyland operations, what are three mistakes that the company made? Explain. First, I believe that one of their mistakes was that “there was an alcohol ban in the park despite the attitude among the French that wine with meal is a God-given right.”(Pg. 250 International Management)Disney […]

Solution For a 90% confidence interval, use the formula;  

Answer Statisticians normally estimate population parameters using sample data. In their statistical structures, confidence interval is arrived at ……………..

Answer In order to obtain a sample size for a proportional, formula is used in like with well-known population size, clearly stipulated sample proportion and the margin of error. Therefore, to find …………….

Solution Answer Statistically, a sample is that percentage of the entire population. Deciding on a given sample size depends on factors such as the original population size. In order to obtain…………………………………………………….

Answer In order to obtain the confidence intervals for a ratio, we calculate group sample sizes that are necessary in achieving specific interval width of the ratio of distinct and two independent data proportions. Here, an assumption is ………………………………………

Answer The t-distribution is most useful for sample sizes which are small, or when the deviation of the population standard is not known, or both. Therefore, one must use ……………………………..

Answers The confidence level in statistics is defined as that probability level in which the value of a given parameter falls within a given range of values. It indicates the probability at which the estimate of a statistical parameter such as the mean in a sample survey is similarly true […]