NCR Country Club and Different Sampling Design Decisions Essay - 1

NCR Country Club and Different Sampling Design Decisions - Essay Example As a result, the organization had 886 additional survey results. The decision to include spouses was correct since they have a significant impact on the lifestyle and consumer choices of their partners. In addition, the inclusion of nonmembers and employees ensures that the organization gets a global understanding of the issue. In addition, the sampling strategy focused on key aspects of its consumer base. The research involved people who lived in the community, the neighboring areas and outside its area. In addition, it focused on the gender of the participants. The analysis of the collected data showed that the research had succeeded in involving all the key elements of its customers. As a result, the information revealed by the process could be implemented appropriately. Furthermore, it ensures that NCR Country Club has a strong understanding of its market. In addition, it is evident that the researchers considered demographic factors in their sampling strategy. The reference to young consumers shows that the data could be broken down into age groups and other demographic factors. The approach is important because demographic factors have a significant impact on consumer behavior (La, 2005). As a result, the organization will be able to determine how it should handle different types of clients. Consequently, it is clear that all the sampling decisions in this process were handled correctly. In as much as the questionnaire is well designed, it still has some shortcomings. For instance, the questionnaire has not included open-ended questions. All the questions are closed. Although the approach ensures that the participants are focused on the aim of the question, it denies them the opportunity to express themselves. The participants may have important insights that could have helped the organization. The lack of open-ended questions shows that the organization does not care about the feelings of its consumers.  

ISSUES IN FINANCIAL REPORTING Essay Example | Topics and Well Written Essays - 2500 words

ISSUES IN FINANCIAL REPORTING - Essay Example The analysis of the enterprise’s performance is critical because it helps decision makers such as the investors and managers for effective decision-making. The analysis of performance provides information about the efficiency of allocation of resources and factors causing the business not to achieve its objectives (Hargreaves 2015) The trend analysis will enable the stakeholders in making an assessment as to whether the company is improving or not improving and how competitive the company is in the industry (Alexander, Britton & Jorissen, 2011). The report provides causes for observed performance in the particular company. The report offers a recommendation on the areas that require improvement to achieve better financial performance. Corporate governance refers to a method of directing and controlling companies. It involves balancing between social and individual goals or economic and social goals to align the interests of the businesses, individuals and the society as close as is practicable (European Accounting Review, 2015). It specifies the correlation between shareholders, the board of the company and other stakeholders. Also, it provides the structure for setting up company’s objectives, approaches for attaining these goals and determines how to monitor the performance (Alexander et al., 2011). Corporate governance eases operational, innovative and sensible management that can promote continuous performance of the business. Corporate governance is reinforced by various theories such as agency theory, stakeholders’ theory, resource dependency theory and stewardship theory. The responsibility of governing corporations is bestowed upon the board of directors. Shareholders have the responsibility of appointing the board of directors to ensure to ensure effective corporate governance (European Accounting Review, 2015) On the other hand, the board of directors sets the