1) State examples of data that can be gathered for decision-making purposes from each of the following industries: manufacturing, insurance, travel, retailing, communications, computing, agriculture, banking, and healthcare. An example in the travel industry might be the cost of business travel per day in various European cities.

(a) . Inventory turnover ratio, sales volume, size of salesforce, number of competitors within 2 miles of retail outlet, area of the store, number of salespeople, etc. (b) Number of farms per county, farm income, number of acres of corn per farm, wholesale price of a gallon of milk, number of livestock, grain storage capacity, etc. (c) . Size of punched hole, number of rejects, amount of inventory, amount of production, number of production workers, etc. (d) . Number of patients per physician per day, the average cost of hospital stay, average daily census of the hospital, time spent waiting to see a physician, patient satisfaction, number of blood tests done per week. (e) .Cost per minute, number of phones per office, miles of cable per customer headquarters, minutes per day of long-distance usage, number of operators, the time between calls, etc.( f) .A number of claims per month, the average amount of life insurance per family head, life expectancy, cost of repairs for major auto collision, average medical costs incurred for a single female over 45 years of age, etc. (g) .Size of deposit, number of failed banks, the amount loaned to foreign banks, number of tellers per drive-in facility, the average amount of withdrawal from automatic teller machine, federal reserve discount rate, etc. (h). Age of company hardware, cost of software, number of CAD/CAM stations, age of computer operators, measure to evaluate competing software packages, size of the database, etc. (I). Cost of airfare, number of miles traveled for ground transported vacations, number of nights away from home, size of the traveling party, the amount spent per day on besides lodging, etc.

Put the correct letter against the corresponding industry.

1) Manufacturing

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

2) Insurance

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

3) Travel

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

4) Retailing

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

5) Communications

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

6) Computing

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

7) Agriculture

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

8) Banking

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

9) Healthcare

a) a

b) b

c) c

d) d

e) e

f) f

g) g

h) h

i) i

(2) Give a specific example of data that might be gathered from each of the following business disciplines: accounting, finance, human resources, marketing, information systems, production, and management. An example in the marketing area might be the "number of sales per month by each salesperson."

(a) . Cost of goods, salary expense, depreciation, utility costs, taxes, equipment inventory, etc. (b) .Number of units sold, dollar sales volume, forecast sales, size of salesforce, market share, measurement of consumer motivation, measurement of consumer frustration, measurement of brand preference, attitude measurement, measurement of consumer risk, etc. (c).Measurement of union participation, measurement of employer support, measurement of a tendency to control, number of subordinates reporting to a manager, measurement of leadership style, etc. (d) .CPU time, size of memory, number of work stations, storage capacity, percent of professionals who are connected to a computer network, dollar assets of company computing, number of "hits" on the Internet, time spent on the Internet per day, percentage of people who use the Internet, retail dollars spent in e-commerce, etc. (e) .World bank bond rates, number of failed savings and loans, measured risk of common stocks, stock dividends, foreign exchange rate, liquidity rates for a single-family, etc. (f). Salaries, size of engineering staff, years experience, age of employees, years of education, etc. (g) Number of production runs per day, the weight of a product; assembly time, number of defects per run, temperature in the plant, amount of inventory, turnaround time, etc.

Put the correct letter against the corresponding business discipline.

1) Accounting

a) a

b) b

c) c

d) d

e) e

f) f

g) g

2) Finance

a) a

b) b

c) c

d) d

e) e

f) f

g) g

3) Human resources

a) a

b) b

c) c

d) d

e) e

f) f

g) g

4) Marketing

a) a

b) b

c) c

d) d

e) e

f) f

g) g

5) Information Systems

a) a

b) b

c) c

d) d

e) e

f) f

g) g

6) Production

a) a

b) b

c) c

d) d

e) e

f) f

g) g

7) Management

a) a

b) b

c) c

d) d

e) e

f) f

g) g