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UAE: Stress Management and Organizational Performance Research Paper

Abstract Purpose The goal of the paper is to examine the phenomenon of workplace stress and its relation to the organizational performance of employees in the UAE context. The problem of workplace stress has been in existence for a while in the UAE setting due to the rise in the demand for quality and the lack of opportunities for employees to meet the increasing workload. Therefore, there is the need to deploy an in-depth analysis of the problem and study the connection between different stress management tools and the quality of organizational performance among employees. Research Design To explore the issue in-depth, a qualitative method was used. The phenomenological research design allowed us to explore the problem in-depth and develop a proper understanding thereof. With a sample of 10 studies, the phenomenon of organizational performance, as well as the problems associated with stress management, were scrutinized. Findings The outcomes of the analysis indicate that the tools aimed at reducing the levels of stress among employees have to be focused on both individual and external factors. Companies will have to combine individual consultations with a general framework for improving workplace conditions and offering staff members educational and career-related opportunities. As a result, a gradual increase in performance rates and the management of workplace stress will become possible. Problem The phenomenon of stress in the workplace setting has become prevailing over the past few decades. The reasons for the observed problem to take place include mostly the rise in the amount of data that employees have to manage on a regular basis and the ensuing increase in the responsibility and workplace pressure (Al Mazrouei, Al Faisal, Hussein, El Sawaf,

ECON600 discussion response

ECON600 discussion response. Help me study for my Economics class. I’m stuck and don’t understand.

Hello,
I need three responses of at least 150 words each for the below students discussions for this week. Also in the bold below are the questions the students at answering.
Why is knowing (or estimating) the product demand so crucial for a firm?

Student one:
Supply and demand are both keys to economic activity. The two influence each other and impact the prices of consumer goods and service within an economy. Supply is the amount of a particular good or service available at a given time to consumers. Demand is a measurement of consumer desire and consumer spending on a particular good or service at a specific price. As demand increases, available supply decreases and an increased supply may satisfy available demand at that price. Prices may fall as supply continues to grow. If supply decreases, prices may continue to grow (2019).
Companies study consumer behavior in an attempt to understand current and future demand. The capacity to produce enough supply to meet demand keeps prices low enough to entice consumers. Market economy have a theory that the relationship balance out over time in an equilibrium of prices, with supply and demand reaching a close approximation of the perfect allocation of resources to production. At this point, prices are perfectly set to interest consumers and companies produce neither too much nor too little. Product market economies use this to determine product development and production.
A good example of a business that suffered from poorly estimating the demand of its product was the HP Touch Pad. The HP Touch Pad was one of the shortest lived mobile products ever produced. The cancellation caught industry watchers by surprise and touched off a bizarre series of actions including dumping the entire company’s inventory for clearance bin prices. HP threw a big press conference in February, 2011 that generated a lot of excitement ( Kendrick, J. 2011). Thousands of press members made the trip to Francisco to cover the event. Everyone was waiting to see the new product. But HP had neither a shipping date or a price for the Touch Pad. The two omissions played a big part in the failure of the Touch Pad. If HP had launched the Touch Pad at the event making them available for purchase when the press conference was so high, the initial sales figure likely would have satisfied even HP. The press coverage put the product all over the news, and everyone was excited and looking forward to buying the Touch Pad but, it was not available for sale. HP was still working on the Touch Pad behind the scenes because it was not ready. The big mistake HP made was that they had promoted a product that was not ready for market. By the time they finished six months later, it was considered old new and consumers were not interested in the Touch Pad. HP ended us selling them for a fraction of the cost just to get rid of them.
(2019) Is Demand or Supply More Important to the Economy? Retrieved from https:// investopedia.com/ask-consumers
Kendrick, J. (2011) How HP Doomed the Touch Pad to Failure Retrieved from https://znet.com/article/how-hp-doomed

Student two:
This week’s lesson on demand was fascinating and applied to all businesses. Understanding the demand curve for a product is crucial to maximizing revenue, without knowing the demand curve for a product can result in overproduction or underproduction, which both harm business. When a product is overproduced, it results in either A the product not being able to be sold at all or B the price being marked down to the point where demand is matched. Having stale inventory that cannot be sold runs the risk of becoming outdated and being replaced by a newer model. As a result, the value of the product is depreciated to the point were potential revenue is lost. When the price of a product is marked down to match the supply curve, marginal revenue is reduced, and as a result, the value of the product is lost.
One example of not knowing how to implement the demand curve properly is in the 2000s with automobile makers. Automobile makers kept production high to keep factories open even if there was no demand for the vehicles. “When automakers push vehicles to keep factories running, the unneeded or incorrectly configured vehicles don’t match “real” demand. That leads to discounting by retailers, incentives by manufacturers, and brand image erosion. Manufacturers’ payments actually reward retailers who ordered or accepted the wrong vehicles, further eroding the brand and reinforcing the “push” behavior.” From 2004 to 2007, GM and Ford lost billions of dollars with a booming automotive economy due to production being higher than demand. The automotive industry is a prime example of not following the demand curve and the results associated with it.
Wilson, A., & Wilson, A. (2010). No more push: How Detroit stopped overproducing. Automotive News, 84(6398), 0_1–044. Retrieved from http://search.proquest.com/docview/753634238/

Student three:
The law of supply and demand is an extremely useful tool to comprehend optimal pricing and markets. It’s important to differentiate between the factors that result in shifts of the demand curve and movements along the demand curve. When it comes to tools for managerial decision making is the demand function. This tool aids in determining the magnitude of the demand for products. An accurate estimation of the demand for a service or a product is dependent upon the underlying variables that impact it, which is primarily price. An increase in price results in a lower quantity demanded. Therefore, a change in market price heavily affects movement along the demand curve. Assuming that no other factor influence demand change too. There are five factors that influence the demand curve: 1) consumers’ income, 2) substitute goods, 3) size (of the population), 4) complementary goods, and 5) consumer preferences. Then there is the price elasticity of demand, which measures how responsive consumers are to price fluctuations. This measure serves to provide how many percents the quantity demanded would decrease if the price increased by one percent. There are a plethora of means to try and predict future demand.
Qualitative analysis is typically used in demand analysis since it relies on personal insights of well-informed individuals. While it’s subjective it can offer the informed opinion of a group and avoids bias given by a single individual. The Delphi method is used to preclude an opinion that is forceful and not an accurate representation of the entire group. In the Delphi method, people answer a series of questions separately. Then, the responses are analyzed by an independent party who provides an anonymous summary of the forecasts with the reasons given by each expert. Experts are asked to take into account all of the individuals’ observations and revise their answers accordingly. As a result, range of forecasts decrease then results can be averaged to figure a forecast that is consensual. Another form of qualitative analysis is survey techniques. A well designed survey either in the form of questionnaires and interviews can provide managers valuable information.
Quantitative analysis is scientific research investigates relationships among variables. Changes in one variable depends on changes in another variable. Usually, the regression method quantifies these models. But, such processes demand data, which can be collected through published data, surveys and sampling, interviews, focus groups, etc. Firms are then able to construct a demand equation for their product.
A demand estimation gone wrong usually results in a flop such as when Starbucks attempted to create their own blender called the Starbucks Barista Bar Blender, which was rolled out in stores in 2003 and cost around $100. However, Starbucks could not demonstrate how the machine was any different from a regular brand name blender. Therefore, people did not buy the product and the line was discontinued. In essence, demand estimation is for forecasting prices and future sales. Therefore, if an estimate is not accurate it can be detrimental to the profit of a firm.
References
Peterson, H. (2013, November 11). The Worst Starbucks Product Flops Of All Time. Retrieved from https://www.businessinsider.com/failed-starbucks-p…
Samuelson W.F. & Marks S.G. (2015). Managerial Economics. Hoboken, NJ: Wiley & Sons Inc.
ECON600 discussion response

GC Reading Responses Bot Zarkadakis Rangel & Lacey Analysis & Discussion

programming assignment help GC Reading Responses Bot Zarkadakis Rangel & Lacey Analysis & Discussion.

OverviewThis prompt, in addition to the “Readers Write!” and “Interacting with Reading” and “Grammar for Source Incorporation” Pages, will serve as the guidelines for the remaining responses for this entire semester. Below, I have copied the highlights from the “Readers Write!” page for your convenience.Be sure to mention the title of the work to which you are responding, the author, and the main thesis of the text, using correct English for the first sentence of your paper.Respond with your ideas. What do you think?Be sure, also, to avoid plagiarism. While you can summarize an idea from the author or borrow a quote, you must also make sure that you parenthetically and bibliographically cite the essay using MLA format. The basic bibliographic formula for our responses’ essays will look like this:Author Last, First Name. “Article Title.” Periodical Title, Date Month Year, url.We will cover more bibliographic citation methodology in the coming Modules.Any idea, thought, word, or phrase from the original source must be cited.Reading responses need to be 250 words in length. They should be titled and follow MLA conventions.Remember, too that I gave the full version of this prompt on the “Readers Write!” Page.Instructions:To begin this assignment, compose your Response 2 by addressing the following requirements:Read all of the assigned essays (Bot (Links to an external site.), Zarkadakis (Links to an external site.), Rangel (Links to an external site.), and Lacey (Links to an external site.)), but respond to only one.In the opening sentences, give the author’s full name and “Essay Title” in a complete sentence.Give your reactions, opinions, and thoughts about the material.You need not mention the author again unless you quote or summarize the material.If you give the author’s name again, use last name only.If you use the author’s words (quote) or ideas (summary), cite both in text and bibliographically.
GC Reading Responses Bot Zarkadakis Rangel & Lacey Analysis & Discussion

ELAC Theoretical and Experimental Probabilities Project

ELAC Theoretical and Experimental Probabilities Project.

I’m working on a statistics project and need guidance to help me understand better.

Final Project Details:In your project, you will be performing an experiment, and calculating a number of probabilities. The real point of the project is to gain a deep understanding of the difference between two different types of probabilities:Theoretical Probability: “Probability based on reasoning written as a ratio of the number of favorable outcomes to the number of possible outcomes.”Experimental Probability: “Probability based on an experiment written as a ratio comparing the number of times the event occurred to the number of trials.”Here is what you need to do for the project:(Along with describing the steps you need to perform to complete your Final Project, I have included an example of what you will be submitting to me.)Step #1) Select a candy that comes in a bag, which has randomly colored pieces. (Ex: M&M’s, Skittles, Star Bursts, Gummy Bears/Worms) Make sure it has at least 50 pieces, or buy a few bags, and combine them. (If you have trouble gaining access to the materials, just let me know, and I will be able to assist you.)EXAMPLE:I have decided to use a bag of M&M’sStep #2) Select a random candy and record it’s color in a table. Put it back in the bag, shake it up and select another. Do this 25 times. You will use this to calculate your experimental probabilities.EXAMPLE:ColorProbabilityProbability (Decimal)Red4/25.16Yellow5/25.20Orange3/25.12Blue5/25.20Green5/25.20Brown3/25.12Step #3) If there were 1,000 pieces of candy in a bag, how many of each color would you expect to find?EXAMPLE:Red: = (.16)(1000) = 160Blue: = (.20)(1000) = 200Yellow: = (.12)(1000) = 120Green: = (.20)(1000) = 200Orange: = (.20)(1000) = 200Brown: = (.12)(1000) = 120Step #4) Count how many pieces of candy are actually in your bag, noting the number of each color; use this to calculate the theoretical probabilities.EXAMPLE:My bag contained 57 M&M’sColorTotalProbabilityProbability (Decimal)Red99/57.1579Yellow1010/57.1754Orange88/57.1404Blue1212/57.2105Green1111/57.1930Brown77/57.1228Step#5) Compare the theoretical probabilities to the experimental probabilities by:Describing any similarities and differences.Justify why you think there are differences and/or similarities.Which do you think is more accurate, theoretical or experimental probability? Why?What could you do to make either of these probabilities more accurate?How would you do this experiment differently?EXAMPLE:(This is the part where you have to think, of course…)Submission Requirements:All you need to turn in is your parallel to the example provided, with the addition of discussing the five questions at the end. Your answers to those five questions can be as brief as you would like.Everything must be submitted in ONE .PDF file, e-mailed to me OR if you finish your project EARLY, by 5/3, you may post it on the Discussion board rather than emailing it. By doing this you will earn credit for BOTH of your required discussions!!!YOUR FINAL PROJECT IS DUE, AND MUST BE SUBMITTED BY 5/9 at NOON.NO LATE PROJECT WILL BE ACCEPTED!!!If you finish your project early, and e-mail it to me by 5/3. I will review it to ensure you will earn full credit by its final due date, (5/9).
ELAC Theoretical and Experimental Probabilities Project

short essay on ch 4

short essay on ch 4.

Please write a 1-2 page essay answering all parts of the following
question. Feel free to use material and ideas from throughout Chapter
4. However, if you choose to use any direct quotes from the chapter
then please remember to properly cite that material using MLA format.Please summarize and explain one of the arguments for the
existence of God presented in Chapter 4. What is the problem of evil
and in what ways does the problem of evil challenge this argument.
Which view, if either, do you find more compelling and why? book Philosophy: A Text with Readings (13th edition) by Manuel Velasquez.
short essay on ch 4