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    zaasmiZ
    Seven important keys for this are as follow. 1.Understand what forecasting is and is not As a result of this a better environment will established for business activities. Accuracy and remove the game plan is also can be achieved. 2. Forecast demand and plan supply In this way you can improve capital planning and customer service. 3. Communicate, corporate and collaborate It is very helpful to get all important information for to forecast and it is trustable for user. More accurate and relevant forecast can be got. 4. Eliminate island of analysis With this key more reliable and accurate forecast can be achieved. 5. Use tools wisely With the help of this efficiency and effectiveness will be get. 6. Make it important With the help of this forecasting key developers can take serious the issue that are under discussion. Accuracy and credibility can also be achieved. 7. Measure Forecast performance can be including in the individual performance plans. Errors can be removed and improvement can be also achieved. Confidence of the forecasting can also be increased.
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    cyberianC
    Case: Heuristic models attempt to take experiences and use them as a basis to methodically gain new insights. These experiences can stem from: Conjectured business interrelationships Subjective practical experiences and observations Business theories related to specific aspects In credit assessment, therefore, these models constitute an attempt to use experience in the lending business to make statements as to the future creditworthiness of a borrower. The quality of heuristic models thus depends on how accurately they depict the subjective experience of credit experts. Therefore, not only the factors relevant to creditworthiness are determined heuristically, but their influence and weight in overall assessments are also based on subjective experience. In the development of these rating models, the factors used do not undergo statistical validation and optimization. In practice, heuristic models are often grouped under the heading of expert systems Empirical statistical models, by contrast: Try to assess a borrower’s credit standing on the basis of objectifying processes. For this purpose, certain credit review criteria of the exposure under review are compared to the existing database which was established empirically. This comparison makes it possible to classify the credit exposure. The goodness of fit of an empirical statistical model depends to a great extent on the quality of the database used in developing the system. First, the database must be sufficiently large to allow significant findings. In addition, it must be ensured that the data used also represent the credit institution’s future business adequately.
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    cyberianC
    Please share the question and answers if anyone has done.
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    zareenZ
    What is the driving force of economy in the capitalism? BNK611 People Climate Money Western economic assumes that the following agents are busy in the satisfaction of maximum wants for material goods and services BNK611 Social Economic Material Western The first international conference on Islamic Economics which marks the turning point in the history of the discipline was held in ______ in Makkah BNK611 1952 1976 1971 1920 The following can avail of the right of making gift of his property only before lying on his deathbed. BNK611 Hiba Owner Manager beneficial Following means to transfer the ownership of a thing to another person without receiving anything in return BNK611 Riba Hiba Right Owner The economy especially and the society in general which is based on following is strictly forbidden in Islam. BNK611 Investment Gold Currency Interest Agriculture Fair and Equitable Distribution in Islam discourages concentration of following in few hands and ensures its circulation among all the sections of society BNK611 Profit Wealth Investment Fundamental rights Majority of the following scholars do not allow Muaada especially in a situation where Aqd is not allowed. The example is “Forward contracts BNK611 Professional Financial Social Shariah How many types of ownership in Islamic concept. BNK611 2 4 3 1 Mostly investors borrow from the banks while investing so they will invest in the projects where the rate of profit will be high. BNK611 Capital Investment Expenditure Goods
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    zareenZ
    https://www.youtube.com/watch?v=v17eeG8w9AI
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    zareenZ
    Q. 1 Solution: [image: goNZlUs.png] Q. 2 Solution: [image: 7jQ4AjB.png] Q. 3 Solution: [image: RzBuWx2.png]
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    zareenZ
    @zareen said in CS625 Assignment 2 Solution and Discussion: c) Can we protect an idea using Intellectual Property Rights? Justify your answer with valid reasoning. [image: hl7GTWU.png]
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    zareenZ
    @zareen said in CS605 Assignment 2 Solution and Discussion: You have to write 5 functional requirements each for any two of the departments (out of four) of your choice, that must be fulfilled during the software development. [5+5 marks] There are four main activities in the requirements engineering process: Feasibility study: An estimate is made of whether the identified user needs may besatisfied using current software and hardware technologies. The study considers whether the proposed system will be cost-effective from a business point of view and if it can be developed within existing budgetary constraints. A feasibility study should be relatively cheap and quick. The result should inform the decision of whether or not to go ahead with a more The requirements engineering process detailed analysis (feasibility report). Requirements elicitation and analysis: This is the process of deriving the system requirements through observation of existing systems, discussions with potential users and buyer, task analysis. This may involve the development of one or more system models and prototypes. These help the system developer understand the system to be specified. Requirements specification: Requirements specification is the activity of translating the information gathered during the analysis activity into a document that defines a set of requirements. Two types of requirements may be included in this document. User requirements are abstract statements of the system requirements for the customer and end-user of the system; System requirements are a more detailed description of the functionality to be provided. Requirements validation: This activity checks the requirements for realism, consistency, and completeness. During this process, errors in the requirements document are inevitably discovered. It must then be modified to correct these problems.Of course, the activities in the requirements process are not simply carried out in a strict sequence. Requirements analysis continues during definition and specification and new requirements come to light throughout the process. Therefore, the activities of analysis, definition, and specification are interleaved. In agile methods,such as Extreme Programming, requirements are developed incrementally according to user priorities and the elicitation of requirements comes from users who are part of the development team.
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    zareenZ
    SAMPLE SOLUTION: Question 1: Analyze three key components of service brand and discuss which one plays more critical role in service brand development. The role of customer as co-creators in service brand development. According to branding theory, strong brands are developed by means of a co-creation process that involves a number of players, especially brand consumers and brand managers. Thus, creating a successful brand involves more than just the production and delivery of an effective core product or service. Simmons The role of leadership as change masters in service brand development. The perception of the brand as a strategic resource or asset implies that top management/leadership plays a decisive role in brand development. In fact, a firm’s corporate strategy may change, which, obviously, has consequences on its web of strategies, including the brand strategy. Thus, the brand as an intangible asset is not a static entity, but needs to be subject to changes in order to keep an organization’s position as a strong brand owner. Illustratively, when new competitors enter the market, an enterprise may need to change its brand promises accordingly in order to stay competitive. The role of employees in service brand development. The important role of service employees in the delivery of services is evidenced in the service management literature particularly in relation to securing the required level of service quality in service processes. In past studies of service branding, the important role of service employees is recognised , as employees’ are assessed to be an important source of brand equity. In other words, the “quality” of the service personnel may be the factor that differentiates one service provider’s offerings from those of its competitors. The coupling between these actors forms an interactive model of service brand development. So no single element is more important than other. Question 2: Is linear process model of service branding more suitable as compared to interactive circular model for service brand development. Analyze which one is more comprehensive and applicable model considering today’s changing environment? The interactive model of service brand development shows how three key actors of service branding, customers, service leadership and service employees, interact and thereby influence service brand development in individual service enterprises. A set of models has been described in the research literature. Illustratively, Boyle (2007) suggests a process model of service brand co-creation. The model features a linear process of services branding, including five distinct stages. One key characteristic of the process is duality that implies that the process is twofold; one part is controlled by the service provider, the other is controlled by customers. Contrasting the linear characteristic, the interactive model suggested in this paper features a circular model, as the key actors form a relationship system. The essence is that there is no starting point of the service development process and no ending point. Illustratively, in order to obtain success in services branding, a service provider may start in the market (a market approach) by identifying the key requirements of customers’ and then adjust and develop products and services to meet their requirements as well as develop an appropriate communication mix in which brand slogans, messages, values and brand promises are incorporated. Similarly, employees may be a starting point by employing a service employee approach in services brand development by upgrading their service roles because their knowledge, skills, attitudes and actions represent the brand’s functional and emotional values (Kimpakorn and Toquer, 2009, 2010). Finally, the starting pointmay be service leadership by employing a management approach to brand development, as the top leadership team is responsible for and has the authority to develop competitive branding strategies (Tidd et al., 2005; Trott, 2005), which need to be aligned with the organisation’s vision and mission (Daft, 1999). Thus, the interactive service brand model, by being built from a systemic perspective in which several approaches may be applied, shows the benefits of applying a circular model to branding in contrast to a linear model of service brand development.
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    cyberianC
    The most common cause of the problems faced by a learner of the English language as a second language is existence of the inherent structure of their first language or mother tongue that they are exposed to since the first day. As such the problems that are faced by the students trying to learn the language are- Understanding the grammar structure of the new language. Pronounciations or the inability to understand or comprehend new words. Most often students use the translation method to understand the second language, in this case English Again they think of the reply in their mother tongue first and then form a reply by translating. Vocabulary becomes a huge problem. The above mentioned problems are just a few of other problems but in my opinion these are the major ones faced by students. the hardest for a teacher in this case is to actually create a new structure of the English grammar while trying not to dismantle the exisiting language structure of their mothertongue. The student should be able to use both the langauges with ease. Again it is fairly easier in the case of children.
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    zareenZ
    @zareen said in CS406 Assignment 2 Solution and Discussion: Write a program in PHP using for loop and embed it in HTML. https://www.youtube.com/watch?v=Zhy7UHUwBKE
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