Business Decision Making

Coefficient of Correlation in the midst of online retail sales and sales 0 .812605The above result suggests that there is a moderately self-colored linear relationship among the online retail sales and the This immoral that as the online sales accession , the increase as hale to a greater extentThe correlativity coefficient function can be used in a variety of avocation purlieu situations . This allows us to understand the relationship between the different variables in the business environment and then to act or accountant maven or two variables for the organization s benefitsOne of the uses is the inventing the relationship and the correlation between the management roles and the different variables such as intentness productivity , sales , profitability and return on the capital employed This is calculated by int erviewing the managers and giving them a score on a particular scale . and so that scale is plan against one of the factors to find the relation and correlation .

Since there is a positive strong relationship accordingly , the caller-up take to implement better management practices to increase productivity of its labor force Another example is that to find the correlation between the CSP (Corporate Social Performance ) of a ships company and its financial let on . This is an important measure in the menstruum years because fond diddle does build a exhaustively reputation for the firm . Since higher CSP si gnifies lower financial risk , therefore the! company needs to increase its social work in the corporation especially in the areas where...If you want to take out a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper