BUS 209 VCCS Post Corona Virus Business Operations Using Quantitative Methods Paper Attached you can find a Word file explaining everything. Examine the di

BUS 209 VCCS Post Corona Virus Business Operations Using Quantitative Methods Paper Attached you can find a Word file explaining everything. Examine the different components of viable business operation by applying quantitative methods to collect and describe data using sampling methods. To assess the components risk and uncertainty, you may use probability distributions, expected value, variance and standard deviation. BUS 209
Project 1 – Due May 30, 2020
With the spread of the Coronavirus, much of the business community’s traditional way of
looking business has changed. The business community is looking more flexible business
operations with minimum human interaction with least amount of stocks goods and services.
Perhaps e-business, efficient customer care and response, electronic billing and payment systems
and the Japanese concept of just-in-time delivery are considered to be the components of a viable
business operation.
In your BUS 209 class, you learnt Solving Problems, Some Special Equations and Rates of
Change, Summarizing Data, Measuring Uncertainty and Probability Distributions. Examine the
different components of viable business operation by applying quantitative methods to collect
and describe data using sampling methods. To assess the components risk and uncertainty, you
may use probability distributions, expected value, variance and standard deviation.
Write a three pages report on the title of “Quantitative Approach to a Viable Business Operation
in the Post-Coronavirus Era”. (minimum 3 pages).
Hint: The following functions are considered to be the most important business functions
1.
2.
3.
4.
5.
6.
Production Function;
Marketing Function;
Finance Function;
Human Resource Function;
Management Information Function;
Innovation (Research & Development).

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