Now that you have written a Situation Analysis, you should have a good overall perspective on your chosen company
Describe a scenario that involves a binomial experiment. Explain why you think it is a binomial experiment and include a discussion of the four criteria for a binomial experiment. Please include references and APA format
January 5, 2019
NATHANIEL HAWTHORNE Young Goodman Brown Young Goodman Brown came forth, at sunset, into the street of Salem village, but put his head back, after crossing the threshold, to exchange a parting kiss with his young wife. And Faith, as the wife was aptly name
January 5, 2019

Now that you have written a Situation Analysis, you should have a good overall perspective on your chosen company

1) Now that you have written a Situation Analysis, you should have a good overall perspective on your chosen company. Now, using that information, begin identifying symptoms, signs and indicators of deeper problems that might be facing the company. Try to find as many as you can, but ensure that you have found at least two or three, and write them down as part of this assignment. Be specific and use numbers where possible. All of the symptoms that you list should show a "gap" as discussed in class. A "gap" is the difference between the desired and the actual. For example, if you find that the company had a profit of $5 million dollars in the previous year, and their goal was $10 million – this is a gap, and this is a symptom of an underlying problem! Once you have identified these symptoms, do some additional research and perform a preliminary root cause analysis on the key problem your paper will focus on. In other words – ask why the symptom occurred. Referring to the “profit” example in the first paragraph, think about why they did not meet their profit goals. Perhaps a new product was not as successful as planned. Note that it’s possible that many symptoms may lead back to the same root cause. Or one symptom may have many possible causes. Explore this by drawing out a fishbone diagram, and include it with this assignment. Summarize this analysis and begin to narrow the focus of your paper. This analysis is the central core of your problem description and is a crucial component in your research paper, so I would recommend that you spend some time on it. You won't be able to develop solutions if you have not answered the question "why did this happen?" The answer to this question is the focus for your paper. Conclude with this answer.

 

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