Sets found in the same folder
Other sets by this creator
Consumer advocacy groups have many different goals. They provide information to consumers. They may seek to have laws passed that help consumers. They may provide reports on companies or products or a place to file complaints. In this activity, you will learn more about one consumer advocacy group. You will present the information you learn to the class.
Give a short talk to the class to present the information you learned about this group.
A hair salon in Cambridge, Massachusetts, reports that on seven randomly selected weekdays, the number of customers who visited the salon were , and . It can be assumed that weekday customer visits follow a normal distribution.
c. What happens to the width of the interval as the confidence level increases?
The size of the average Indian steel plant compared to the size of the average Indian retail shop could not be more different. Steel plants employ thousands of workers, have millions of dollars of capital invested in advanced equipment and produce annual output valued in the millions too. Tata, one of the largest steel makers in the world, has recently grown and become a truly multinational company by taking over European steel giant Corus and UK carmakers Jaguar and Land Rover. It has been able to do this because of easier capital flows, which are a sign of increased globalisation. Contrast this company with typical Indian retail outlets. The small shopkeepers and street hawkers that presently account for over of Indian retail sales often employ just a few workers with little investment in modern technology. But all this could be about to change. There is a growing trend of mergers and takeovers in the retail sector. Large retail groups, such as Reliance and Walmart, are becoming established. It is claimed that the market share of this organised sector will be by . A pressure group of small retailers, the National Movement for Retail Democracy, is organising demonstrations to demand that big corporations leave the retail industry.
Analyse one potential benefit and one potential drawback to consumers of steel, such as carmakers, from a takeover of Corus by Tata.