Prince Kola Beverages Limited (PKBL)

2021 ◽  
Vol 18 (2) ◽  
pp. 156-159
Author(s):  
Shazib E. Shaikh
Keyword(s):  
Decision Making ◽  
Sensitivity Analysis ◽  
Online Learning ◽  
Scenario Analysis ◽  
Management System ◽  
Middle Managers ◽  
Business Students ◽  
Microsoft Excel ◽  
Spreadsheet Modelling ◽  
Undergraduate Business Students

Prince Kola Beverages Limited (PKBL) is an introduction-level decision modelling case that aims to help develop what-if analysis and spreadsheet modelling skills. It has already been taught in three cohorts of my executive course customized for Coca Cola Beverages Pakistan (CCBPL) Limited middle managers, ‘Data Savvy Decision-Making’, and was warmly received. It is also suitable for both MBA and undergraduate business students. The problem involves using elementary forecasting, scenario analysis and sensitivity analysis without the complexity of statistics. This was also part of a 4-hour session in executive courses that included in-lab trainings on Microsoft Excel what-if analysis tools. For 80–90-minute sessions, students must have already been equipped with these tools. Additionally, it would be better to have the spreadsheets of students submitted by an online learning management system in advance of the class so that their models can be displayed in class and debated.

scholarly journals Transformational Decision Making: A Corporate Success Story In Purchasing

2011 ◽  
Vol 7 (3) ◽  
pp. 23
Author(s):  
Diane D. Galbraith ◽  
Fred L. Webb
Keyword(s):  
Decision Making ◽  
Business Students ◽  
Business Management ◽  
Teaching Tool ◽  
Challenging Problem ◽  
Success Story ◽  
History Of ◽  
Management Functions ◽  
Undergraduate Business Students

The purpose of this case study is to provide a pedagogical teaching tool for undergraduate business students to fully comprehend the importance of the business management functions of planning, organizing, leading and controlling businesses. This case is inspired by events in the history of Rockwell International Corporation. As a major conglomerate struggles to transform itself over a period of eight decades, Rockwell provided a challenging problem for students to solve.

scholarly journals Strategies for Teaching Undergraduate Business Students Data Analytics

2021 ◽  
pp. 18-22
Author(s):  
J. Kirk Atkinson ◽  
Ray Blankenship ◽  
Brady Crawford ◽  
Tucker S. Ramage
Keyword(s):  
Data Analytics ◽  
Business Students ◽  
Public University ◽  
Instructional Materials ◽  
Basic Data ◽  
Course Performance ◽  
Microsoft Excel ◽  
Final Assessment ◽  
Undergraduate Business Students

Several class sections at a Midwestern, public university were instructed in basic data analytics concepts using SimNet® preparatory assignments with Microsoft Excel®, additional instructional materials, and subsequent analytics projects. Performance on each analytics project was measured against performance on the preparatory Excel assignments as well as the student final course performance. The preparatory assignments prepared students for associated analytics projects as well as the final assessment.

scholarly journals An Educational Approach for Present and Future of Digital Transformation in Portuguese Organizations

2020 ◽  
Vol 10 (3) ◽  
pp. 757
Author(s):  
Carla Santos Pereira ◽  
Natércia Durão ◽  
David Fonseca ◽  
Maria João Ferreira ◽  
Fernando Moreira
Keyword(s):  
Decision Making ◽  
Business Students ◽  
Digital Transformation ◽  
Project Based Learning ◽  
Technological Evolution ◽  
Operating Environment ◽  
Educational Approach ◽  
Current State ◽  
Undergraduate Business Students ◽  
Computing Capacity

The current technological evolution allows us to easily and quickly obtain more information, computing capacity, communication and connectivity, in addition to allowing new forms of collaboration between disperse networks of diversified actors. This new reality not only offers enormous potential for innovation and enhanced performance for organizations but also, extends beyond the classic boundaries to affect individuals, other organizations and society in general. At the same time, this reality makes the ability of organizations to uphold their competitive advantage more challenging, since the control of the elements of their operating environment decreases drastically as they increasingly control the elements of the same environment. This is how the digital transformation of organizations becomes unavoidable, because otherwise they tend to disappear. In this context, it is necessary to infer our students’ methods for researching, identifying and taking solutions about if organizations in Portugal are already living the aforementioned digital transformation or if they are aware of the need to adapt to this new reality. The main goal of this research formatted as educational approach, is to evaluate and compare the current state of digital adoption in terms of the preparation according to the prevailing technological categories (pillars and innovation accelerators), as well as future priorities of organizations in the implementation of digital transformation in Portuguese organizations. To evaluate such objectives, a Project Based Learning (PBL) approach was used to reinforce the research and decision-making skills of undergraduate business students. Based on the results obtained, it can be concluded that organizations are aware of the need to accommodate the digital transformation not to fail and disappearing. However, it is not possible to conclude which strategy is to be adopted by the organizations, and how such a strategy will affect the organization as a whole, in particular as in respect of its business model.

Cognitive Style and Sex: A Study of Stereotypical Thinking

2008 ◽  
Vol 102 (3) ◽  
pp. 739-744
Author(s):  
Havva J. Meric ◽  
Margaret M. Capen
Keyword(s):  
Cognitive Style ◽  
Linear Model ◽  
Work Experience ◽  
Business Students ◽  
General Linear Model ◽  
General Linear ◽  
Male Undergraduate ◽  
Undergraduate Business Students

Differences between Cognitive Style Index mean scores of female and male undergraduate business students were tested using a general linear model. Among 286 undergraduate business students, women scored higher (more analytical) than men. The comparison of undergraduate business students with and without work experience related to their major shows that students with such related work experience were more intuitive than peers with no work experience related to their major.

scholarly journals Multiple-Criteria Decision-Making and Sensitivity Analysis for Selection of Materials for Knee Implant Femoral Component

Materials ◽  
2021 ◽  
Vol 14 (8) ◽  
pp. 2084
Author(s):  
Raman Kumar ◽  
Rohit Dubey ◽  
Sehijpal Singh ◽  
Sunpreet Singh ◽  
Chander Prakash ◽  
...  
Keyword(s):  
Decision Making ◽  
Sensitivity Analysis ◽  
Femoral Component ◽  
Human Life ◽  
Multiple Criteria Decision Making ◽  
Multiple Criteria ◽  
Biomedical Science ◽  
Human Beings ◽  
Weighted Sum Method ◽  
Selection Of

Total knee replacement (TKR) is a remarkable achievement in biomedical science that enhances human life. However, human beings still suffer from knee-joint-related problems such as aseptic loosening caused by excessive wear between articular surfaces, stress-shielding of the bone by prosthesis, and soft tissue development in the interface of bone and implant due to inappropriate selection of TKR material. The choice of most suitable materials for the femoral component of TKR is a critical decision; therefore, in this research paper, a hybrid multiple-criteria decision-making (MCDM) tactic is applied using the degree of membership (DoM) technique with a varied system, using the weighted sum method (WSM), the weighted product method (WPM), the weighted aggregated sum product assessment method (WASPAS), an evaluation based on distance from average solution (EDAS), and a technique for order of preference by similarity to ideal solution (TOPSIS). The weights of importance are assigned to different criteria by the equal weights method (EWM). Furthermore, sensitivity analysis is conducted to check the solidity of the projected tactic. The weights of importance are varied using the entropy weights technique (EWT) and the standard deviation method (SDM). The projected hybrid MCDM methodology is simple, reliable and valuable for a conflicting decision-making environment.

scholarly journals Complex T-spherical fuzzy Dombi aggregation operators and their applications in multiple-criteria decision-making

2021 ◽  
Author(s):  
Faruk Karaaslan ◽  
Mohammed Allaw Dawood Dawood
Keyword(s):  
Decision Making ◽  
Sensitivity Analysis ◽  
Fuzzy Set ◽  
Multiple Criteria Decision Making ◽  
Aggregation Operators ◽  
Multi Criteria Decision Making ◽  
Two Dimensional ◽  
Weighted Arithmetic ◽  
Mcdm Method ◽  
Dombi Operations

AbstractComplex fuzzy (CF) sets (CFSs) have a significant role in modelling the problems involving two-dimensional information. Recently, the extensions of CFSs have gained the attention of researchers studying decision-making methods. The complex T-spherical fuzzy set (CTSFS) is an extension of the CFSs introduced in the last times. In this paper, we introduce the Dombi operations on CTSFSs. Based on Dombi operators, we define some aggregation operators, including complex T-spherical Dombi fuzzy weighted arithmetic averaging (CTSDFWAA) operator, complex T-spherical Dombi fuzzy weighted geometric averaging (CTSDFWGA) operator, complex T-spherical Dombi fuzzy ordered weighted arithmetic averaging (CTSDFOWAA) operator, complex T-spherical Dombi fuzzy ordered weighted geometric averaging (CTSDFOWGA) operator, and we obtain some of their properties. In addition, we develop a multi-criteria decision-making (MCDM) method under the CTSF environment and present an algorithm for the proposed method. To show the process of the proposed method, we present an example related to diagnosing the COVID-19. Besides this, we present a sensitivity analysis to reveal the advantages and restrictions of our method.

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