The purpose of STATISTICS FOR BUSINESS AND ECONOMICS is to give students, pri- marily those in the fields of business administration and economics, a conceptual introduc- tion to the field of statistics and its many applications. The text is applications oriented and written with the needs of the nonmathematician in mind; the mathematical prerequisite is knowledge of algebra. Applications of da…
This subject guide is about human resource management (HRM). This is the management activity taken by commercial firms, state owned enterprises and other organisations to recruit, retain and motivate their employees. In other words HRM is the bundle of policies, programmes and plans which organisations adopt with the objective of making full use of the people they employ. These includ…
The Econometric Study and Model to Estimate Land Prices undertaken by an external contractor on behalf of Eurostat showed that a separation of the land price part from the structure part was not feasible from the data at hand. Notwithstanding the traditional partition to land and structure becomes less clear depending on the allocation of the location variables. More conceptual work and a furth…
The earth faces a future of rising populations and growing strains on the planet . Whatever else the future holds, significant population increase is inevitable and the current UN forecast of 9 .2 billion by 2050 – itself a 40 per cent increase on the 6 .7 billion in 2007 – may turn out to be an underestimate . The environmental damage resulting from population increase is already widesprea…
The main components of EU international trade in services were "other business services" (R&D, business, professional & technical services) which accounted in 2014 for 26% of EU total exports and 28% of imports, Transport services (18% and 20%), Travel services (14% and 16%), Telecommunications, computer and information services (12% and 9%) and Financial services (10% and 6%). In 2014, the…
This report is from a study of the federal government's capacity to recruit highly qualified individuals for the top science and technology (S&T)-related leadership positions in the executive branch. The effort was supported by the Carnegie Commission on Science, Technology, and Government and by the National Research Council Fund of the Academies—National Academy of Sciences, National Academ…
Over the last few decades project management has moved from its roots in industries such as construction and defense into the main- stream of American business. Many different industries, in particular the service sector, rely heavily on project management as an integral part of a successful strategy. In support of the widening importance of project management, a number of important professiona…
Written more than fifty years ago—in 1883—What Social Classes Owe to Each Other is even more pertinent today than at the time of its first publication. Then the arguments and "movements" for penalizing the thrifty, energetic, and competent by placing upon them more and more of the burdens of the thriftless, lazy and incompetent, were just beginning to make headway in our country, wherein…
Electronic commerce (e-commerce) is part of our everyday lives. Whether we purchase a book on Amazon.com, sell a DVD on eBay.com, or click on a sponsored link on Google.com, e-commerce surrounds us. E-commerce also produces a large amount of data: When we click, bid, rate, or pay, our digital “footprints” are recorded and stored. Yet, despite this abundance of available data, the field of …
The role of financial executives in any business has expanded signiicantly in recent years as companies become more accountable to their stake- holders and regulators. Combine this increase in accountability with the increasing sophistication of technology, risk management, financial analysis, and financial records processing, and we see that the responsibilities of financial executives in any …
Healthcare appears to be a world of Evidence-Based Medicine and rational decisions. Seldom available, sufficient or relevant in view of human needs, scientific evidence do not address priorities when resources are more than ever globally insufficient to an increasingly voracious system. Literature shows than evidence are not sufficient while a wide range of “stakeholders” vie to influ…
Provenance information provides a useful basis to verify whether a particular application behavior has been adhered to. This is particularly useful to evaluate the basis for a particular outcome, as a result of a process, and to verify if the process involved in making the decision con- forms to some predefined set of rules. This is significant in a healthcare scenario, where it is necessary …
It is a curious circumstance that an invention, which is hailed as being one of the greatest achievements ever recorded in the march of civilisation, should be devoted essentially to the maiming of humanity and the destruction of property. In no other trend of human endeavour is this factor so potently demonstrated as in connection with Man's Conquest of the Air. The dogged struggle against th…
Health care waste management (HCWM) has been described as “a process to help ensure proper hospital hygiene and the safety of health care workers and communities. It includes planning and procurement, construction, staff training and behavior, proper use of tools, machines and pharmaceuticals, proper disposal methods inside and outside the hospital, and evaluation.”1 Health care waste manag…
We show that it is possible to identify individual personality traits and measure group performance in a Post- anesthesia Care Unit (PACU) using wearable sensors. We instrumented a group of 67 nurses working in the PACU of a Boston area hospital with sociometric badges capable of measuring physical activity, speech activity, face-to-face interaction, and physical proximity. Using the data colle…