Case Study: the World's Richest People

In: People

Submitted By nailynn
Words 387
Pages 2
Jasmine Boyer
Principles of Statistics
Professor Boyer
Written Assignment 2
October 18, 2015

Case Study: World’s Richest People

Forbes magazine conducted a study of the world’s richest people. This study was initially done with comparing riches from1426 people, and ultimately the list was cut down to include the top 25 wealthiest people and families of the 1426. The list ranked the individuals and families from 1 to 25 with number 1 being the wealthiest. The list also included the country in which the individual and families were from, their ages, and how much they are worth. According to the data, it is shown that the United States was the most relevant with 14 individuals on the list, Hong Kong and France both had 2 individuals each on the list, and the other countries all had at least one person on the list. The individuals on the list range from the ages of 39 to 93 with a mean of 68.80 and a median of 69. The ages most frequent on the list are ages 60-79, and the standard deviation of all the ages is 14.60. The data has a bell shaped distribution meaning that the distributions are symmetrical, or similar throughout the data.

————— 10/19/2015 12:02:14 AM ————————————————————

Welcome to Minitab, press F1 for help.
Executing from file: C:\Program Files\Minitab\Minitab 17\English\Macros\Startup.mac

This Software was purchased for academic use only. Commercial use of the Software is prohibited.

Tally for Discrete Variables: Citizenship

Citizenship Count Percent Canada 1 4.00 France 2 8.00 Germany 1 4.00 Hong Kong 1 4.00 Hong Kong 1 4.00 India 1 4.00 Italy 1 4.00 Mexico 1 4.00 Spain 1 4.00 Sweden 1 4.00 U.s. 1 4.00 U.S. 13 52.00 N=…...

Similar Documents

Study Case

...the time. The company’s motto is “Don’t Be Evil,” and prior to entering China, Google had successfully set itself apart from other technology giants, becoming a company trusted by millions of users to protect and store their personal information. The choice to accept self-censorship, and the discussion and debate generated by this choice, forced Google to re-examine itself as a company and forced the international community to reconsider the implications of censorship. This case was prepared as the basis for class discussion rather than to illustrate either the effective or ineffective handling of an administrative situation. This work is licensed under the Creative Commons Attribution - Noncommercial - No Derivative Works 3.0 Unported License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-nd/3.0/. You may reproduce this work for non-commercial use if you use the entire document and attribute the source: The Kenan Institute for Ethics at Duke University. Case Studies in Ethics dukeethics.org “While removing search results is inconsistent with Google’s mission, providing no information (or a heavily degraded user experience that amounts to no information) is more inconsistent with our mission.” – Google senior policy counsel Andrew McLaughlin.”1 Introduction In early 2006, search-engine giant Google struck a deal with the People’s Republic of China and launched Google. cn, a version of its search engine run by the company from...

Words: 7843 - Pages: 32

Case Study

...Problem Statement In the “Dove: Evolution of a Brand” case, Deighton identified several problems that Unilever faced with Dove's “Real Beauty” campaign. First, Unilever "risked moving the [Dove] brand ... at odds with its heritage" (Deighton, 34). In doing so, they lost the aspirational element, the brand did not promise attractiveness, and they effectively debunked "the whole reason to spend ... more for the product (34). Secondly, to that end, “The Campaign for Real Beauty,” in some circumstances, did not mention a product, and therefore, measuring return on investment in media became difficult (34, 37). Unilever/Dove stood for a point of view, “real beauty,” to unify functionality by presenting an "alternative view of the goal of personal care" (33). However, in doing so, they abdicated "responsibility to manage what was said about the brand" and put their multibillion-dollar asset at risk (31). They risked "putting the 'Real Beauty' story out on media like YouTube, where consumers were free to weigh in with opinion and dissent" (31). Unilever/Dove tried to account for media dissent: resulting parodies; and questions about Unilever's sincerity, objectivity, and motives (36, 38). They attempted to "make sense of the [brand] strategy that was building meaning by courting controversy" (38). They also had a risky strategy of taking up the “cudgels for reality,” where in how to express it was difficult (38). Did honesty "leave women enough freedom to dream" or identify Dove...

Words: 2448 - Pages: 10

Case Study

...Yin (2005) suggested that researchers should decide whether to do single-case or multiple-case studies and chose to keep the case holistic or have embedded sub-cases. This two-by-two combination can produce four basic designs for case studies. When selecting a case for a case study, researchers often use information-oriented sampling , as opposed to random sampling [3]. This is because an average case is often not the richest in information. Extreme or atypical cases reveal more information because they activate more basic mechanisms and more actors in the situation studied. In addition, from both an understanding-oriented and an action-oriented perspective, it is often more important to clarify the deeper causes behind a given problem and its consequences than to describe the symptoms of the problem and how frequently they occur. Random samples emphasizing representativeness will seldom be able to produce this kind of insight; it is more appropriate to select some few cases chosen for their validity. But this isnt always the case. Three types of information-oriented cases may be distinguished: Extreme or deviant cases Critical cases Paradigmatic cases. [edit]Critical case A critical case can be defined as having strategic importance in relation to the general problem. For example, an occupational medicine clinic wanted to investigate whether people working with organic solvents suffered brain damage. Instead of choosing a representative sample among all those......

Words: 1244 - Pages: 5

Case Study

...operations in over 30 countries and employs around 11,000 people. It was founded in 1817 to refine and develop products using precious metals – something it still does today. As well as creating precious metal containing products, it also recycles precious metals and manufactures many other high technology products and chemicals. So, how does Johnson Matthey affect you? If you have ever travelled in a car it is likely to have been fitted with a catalytic converter to reduce vehicle emissions. Johnson Matthey produces catalytic converters for around a third of all cars manufactured in the world. This product has huge environmental and health benefits for everyone through reducing pollution. Johnson Matthey operates in an industry driven by advancements in technology. To remain competitive the company needs a highly skilled workforce to establish new and more efficient ways of meeting the challenges faced by the industry. To be at the forefront of technological innovations the company requires people with skills in STEM subjects (Science, Technology, Engineering and Maths) as well as skills in other areas. Johnson Matthey offers many highly rewarding career opportunities for people that share the company’s commitment to sustainability and the creation of a positive impact on society through its products. It offers first rate training and development opportunities enabling employees to grow their careers with the company. This case study demonstrates how Johnson Matthey uses a......

Words: 2263 - Pages: 10

Minion Case Study

...RubanKanti Das ------------------------------------------------- Team members: ------------------------------------------------- Le Toan Dang s3344033 ------------------------------------------------- Nguyen Thuy Van s3325150 ------------------------------------------------- Nguyen TheThanh s3344060 ------------------------------------------------- Nguyen Truong Khanh Ngoc S3344067 ------------------------------------------------- * Case Study Summary: The case study “The Implication of Globalization for Consumer Attitudes” is all about the anti-globalization trend, the important of localization site and the main factors e-businesses have to consider when they expand their company internationally. There are two main reasons which be stated in the case study regarding localization site. First of all is the advantage of using local language, in some European countries, they are not appreciating the trend “globalization” as “Americanization” because it makes people feel negatively about capitalism and the English language; so using local language would help company present a “home side” image with customers. Secondly, site localization will help e-businesses have a clearer view about customer specific demands at different places. To be successful using localization site in expand business geographically wide, e-business need to look and understand the different among demands of customers who live at different nation, specific......

Words: 1745 - Pages: 7

Case Study

...CASE STUDY ONE With a worldwide recall of some 8 million cars and 51 deaths that U.S. regulators say have been caused by mechanical failures in its cars, Toyota Motor Corporation faces a corporate crisis of epic proportions.58 What happened at the car company that had finally achieved the title of world’s largest car maker? (It overtook General Motors in 2008.) What factors contributed to the mess it now found itself in? At the core of Toyota’s manufacturing prowess is the Toyota Production System (TPS), which has long been touted and revered as a model of corporate efficiency and quality. Four management principles (the 4P model) were at the core of TPS and guided employees: problem solving, people and partners, process, and philosophy. The idea behind these principles was that “Good Thinking Means Good Product.” Taiichi Ohno, a long-time Toyota executive, is widely credited as the innovative genius behind TPS. During the 1950s, Ohno, along with a small core of other Toyota executives, developed several principles of car-making efficiency that became what is now known as lean manufacturing and just-in-time inventory management. “Ohno’s ideas not only changed the auto industry, they changed late-twentieth-century manufacturing.” At the very core of these concepts were attention to detail and a “noble frugality.” However, over the years, it appears that Toyota’s executives slowly lost the “purity” of that approach as the once-strong commitment to quality embedded in......

Words: 880 - Pages: 4

Case Study

...7CASE 6-1 FACEBOOK OVERVIEW Three years ago 1-800-Flowers, long a pioneer in Internet marketing, became the first national florist to create a fan page on Facebook. It used the free page to build relationships with customers and sell selected products, but it spent very little money advertising on the site. In January, however, the company began buying a different kind of Facebook advertisement. “Sponsored stories,” as they’re called, let marketers pay to turn actions people take on Facebook into promotional content. When members click a thumbs-up button to signal that they “like” a product or brand, for example, a simple ad appears on their friends’ pages: “Julia Smith likes 1-800- HYPERLINK "http://www.Flowers.com" Flowers.com .” Those friends can click a Like button on that ad, which then shows up on their friends’ pages, and so on. Thanks in part to those ads, the company now has more than 125,000 Facebook fans, more than twice as many as it had at the start of the year. Now, says 1-800-Flowers president Chris McCann, “We look at Facebook as core to our marketing program.” So do dozens of other major brands, including Ford, Procter & Gamble, Starbucks, and Coca-Cola. Suddenly, large companies are running multimillion dollar ad campaigns on Facebook. Startups, such as the social-game maker Zynga and the daily-deal service Groupon, are mounting similar though smaller campaigns, and so are hundreds of thousands of local businesses, such as fitness......

Words: 5869 - Pages: 24

Case Study

...Case Study Objective The Case will focus on issues related to the cultural aspect of international business; sustainable business practices including CSR issues; foreign investment; and the benefits of regional integration for the countries within, and companies doing business in, that region.  The case study analysis will be completed on an individual basis. Instructions THE CASE: Kaizer Consulting Kaizer Consulting is an international management consulting firm that specializes in business strategy and serves as a key advisor to the world’s leading companies.  It provides its clients with the unique insight to drive critical decision making and solve their most pressing problems. Every year, the majority of Kaizer’s business comes from clients with whom they have worked in the previous year – an indicator of Kaizer’s ability to achieve lasting results for its clients. Kaizer’s client relationships are enduring, as many clients have remained customers for more than a decade and many have become project partners.  The Client has a Problem: The manager of a product category at a Fortune 50 technology company (The Client) approached Kaizer to analyze the complete range of supply chain challenges his company would face when they entered Indonesia - a new market in South-East Asia that was presently dominated by large single competitor.  Initially, it was agreed that The Client would benefit most from a set of detailed analyses of the market which would focus on a providing a......

Words: 1113 - Pages: 5

Case Study - the Personality of Hr People

...Basa, Adrian Contreras, Jules Duke Demeterio, Jaykee Ramiro Fernando, Arnold Vincent MGT 104 Case Studies The Personality of HR People Case Questions: Q1. If you were an HR specialist, which category would you prefer to be and why? Our group would prefer the consummate professional. (The Consummate Professional according to Wilson (2013) is usually coming from a confused lower middle class family background and may describe themselves as working class. Became aware early that life was unfair. Brought up to respect authority, parents became anxious when exam results were not as expected. Feels honoured by the challenging projects given to them by the company, but confused as to why reward involves being given more challenges to deal with.) We can observe on how experiences would play its role and have influences in shaping personality. Personalities can either be gained through genes or by the influences of the outside environment. We could infer that consummate professionals, as stated above, have undergone such life experiences which molded the person to think that life is unfair which means that that he/she will strive to work hard since that person’s past experiences gave him/her the knowledge on how one should survive in the society, for instance, when one does not work hard, he/she would not gain respect and would not be able to obtain the fruits of life which will lead to one’s struggle. We preferred the consummate professional over the three other......

Words: 622 - Pages: 3

Case Study

... what is CSR and Sustainability Strategy of Monsanto, and give suggestions for its strategy for Monsanto Company? 8 Conclusion 9 Bibliography 10 * * Executive summary Monsanto is one of the world’s largest industrial agriculture businesses, especially focusing on genetically modified products. Monsanto has obtained a progress in corporate responsibility, but Monsanto has deficiencies with ethical culture. Monsanto is in a difficult position, because the products are highly specialized and therefore most consumers do not understand them. Although, Environmental and health issues aside, Monsanto’s GM seeds provide an opportunity for farmers to increase profits by allowing them to grow crops on land that would not support traditional seeds. And it suggests creating ethical corporate system to help them to deal with the problem that products harm to plants and animals. Finally, it introduces the website, what kinds corporate social responsibilities and sustainability strategy does Monsanto has. For example, they pay attention to education, charity…. Introduction * The Monsanto Company is the world’s largest seed company, specializing in genetically modified (GM) seeds. In 2009 the company made over 8.6 billion dollars in sales. There have more than ninety percent of GM seeds are made by the Monsanto. (Sitemaker, 2013) * ...

Words: 2128 - Pages: 9

Case Study : People V Perkins

...Napolitano Term Paper Dennis Consumano People v Perkins On July 26th, 2010 , Perkins had been charged with six offenses. They were: Driving While Intoxicated, Driving While Ability Impaired, Resisting Arrest, Unlawful Fleeing a Police Officer in a Motor Vehicle in the Third Degree, Reckless Driving and Driving at an Excessive Speed. Over the next two years, Perkins appeared in New York Court 25 different times. Perkins had traveled from her home in North Carolina each time. The People had answered “not ready” on many occasions. This, of course, goes against one of the CPLs we covered; CPL 30.30, which deals with speedy trial time limitations, in particular section (1)(b) which states “(b) ninety days of the commencement of a criminal action wherein a defendant is accused of one or more offenses, at least one of which is a misdemeanor punishable by a sentence of imprisonment of more than three months and none of which is a felony” (Findlaw). March 22nd, 2012, four misdemeanor charges were dismissed on the grounds of CPL 30.30. The remaining two traffic infractions, however, were not dismissed. That is, until July 24th, 2012, when Perkins motioned to dismiss these remaining two charges. Citing, more specifically, CPL 30.20 which deals with speedy trials in general. Perkins claims that, this 90 day limitation is now two years, and her right to a speedy trial has been violated. Being that the delays were all caused by the People, at the expense of Perkins, who has......

Words: 310 - Pages: 2

Principles of Satistics: Worlds Richest People Case Study

...Written Assignment 2 - In your own words, interpret the data and note the shape of the distribution of the data provided from Case Study: World's Richest People (Chapter 2, p. 36). Sample | Category | Frequency per Category | Rel. frequency per category (%) | Citizenship | Mexico | 1 | 4.00% | | United States | 14 | 56.00% | | Spain | 1 | 4.00% | | Hong Kong | 2 | 8.00% | | France | 2 | 8.00% | | Sweden | 1 | 4.00% | | Germany | 1 | 4.00% | | India | 1 | 4.00% | | Italy | 1 | 4.00% | | Canada | 1 | 4.00% | From the frequency distribution table listed above, the country with the largest amount of the world’s richest people is the United States with 56% of the world’s richest people. It also shows that of the countries that have one of the world’s richest people, 7 out of 10 of the counties only have 1 of the richest in each country. Stem-and-Leaf Plot | | | Unit: | 1 |   |   | 0 | | 1 | | 2 | | 3 | 9 | 4 | 09 | 5 | 5678 | 6 | 345589 | 7 | 133779 | 8 | 2458 | 9 | 03 | Using the stem-and-leaf plot above you can see that the age range with the most of the world’s richest people is 60-79 years old. This plot also shows you a left skewed distribution. Also in a stem-and-leaf plot you can see the specific ages in the prominent age range that hosts the most individuals in the world’s richest people category. Using a histogram shows the view of the data and what type of distribution is used. A stem-and-leaf......

Words: 644 - Pages: 3

World Richest People

...Written Assignment 2: case study – World’s Richest People frequency distribution table (citizenship) The first column consists of quantitative, discrete data. This column provides the ranks of the world's richest people. The second column consists of qualitative data since names are nonnumerical. The third column also consists of qualitative data as countries are nonnumerical. The first column consists of quantitative, discrete data. This column provides the total numbers of the richest people per country. stem and leaf plot (age) Each data value consists of 2 digit number ranging age from 39 to 93. The last digit becomes the leaf and the remaining digits are the stems, and we have the stems of 3 to 9. histogram (age) Obtain the frequency distribution of the age data. Column 1 is the limit grouping ages. The first age to construct is 35 – 39. The width of all the age is 5, so the next age is 40 – 44. The last age to construct is 90 – 94 since the largest single data value is 93. Column 2 provides number of the richest people within the age group; this column is quantitative, discrete data. The frequency histogram is constructed using the lower age limits of column 1 and used to label the horizontal axis, and the number of the richest people within the age group in the frequency histogram matches the respective frequency in column 2. The shape of the distribution is bimodal, 1st peak point at age 55-59 and the 2nd peak point at 65 – 69. sample mean and......

Words: 486 - Pages: 2

Bootstrapping Case Study

...In te r n a ti o n a l J o u r n a l o f M a n a g e me n t C a s es BOOTSTRAP FINANCING: FOUR CASE STUDIES OF TECHNOLOGY COMPANIES EVA M.TOMORY UNIVERSITY OF TORONTO, CANADA Abstract Innovative businesses, especially in the early stages of their life cycles, often encounter difficulty in obtaining long-term external financing. Their founders tend to seek financing through nontraditional bootstrapping methods to launch their ventures. Bootstrap financing refers to a range of creative ways to acquire resources without relying on borrowing money or raising equity from traditional sources (Freear et al., 1995a). The paper examines how successful technology entrepreneurs used bootstrap financing: the founders of Microsoft Corporation, Apple Inc., Dell Inc. and Research in Motion Ltd. The research investigates the elements of bootstrapping as described in Freear et al. (1995a) and in Winborg and Landström (2001), finding that entrepreneurs use bootstrapping extensively during the early stages of growth for both product and business developments. Bootstrapping methods change as the business develops with certain methods used more at the beginning of the life cycle, and different variations used as the business starts to grow. The study also points out that even the most successful technology-based consumer goods businesses relied on bootstrap financing at the early stages of their development. This technique deserves more attention from the scholarly community since it......

Words: 5292 - Pages: 22

Case Study

...CASE STUDY ANALYSIS AVON PRODUCTS, INC. Time Frame: 1999-2000 Submitted by; Koseki, Shota C. PROBLEM: • The main problem faced is the lack of experience and expertise by the CEO Andrea Jung where by company significantly lack of innovative strategy to attract customers and achieve organizational goal. Vision • "To be the company that best understands and satisfies the product, service and self-fulfillment needs of women - globally." Mission • The Global Beauty Leader we will build a unique portfolio of Beauty and related brands, striving to surpass our competitors in quality, innovation and value, and elevating our image to become the Beauty Company most women turn to worldwide. The Women's Choice for Buying We will become the destination store for women, offering the convenience of multiple brands and channels, and providing a personal high touch shopping experience that helps create lifelong customer relationships. The Most Admired Company we will deliver superior returns to our shareholders by tirelessly pursuing new growth opportunities while continually improving our profitability, a socially responsible, ethical company that is watched and emulated as a model of success. OBJECTIVE: • To serve families throughout the world with  products of the highest quality backed by a guarantee of satisfaction • To render a service to customers that is outstanding  in its......

Words: 1093 - Pages: 5