BB1751 Quantitative Methods Research Paper Example | Topics and Well Written Essays - 1000 words

BB1751 Quantitative Methods - Research Paper Example The results have been tabulated and compared to show comparisons between the restaurants, their sizes, sales, types, employees, etc. Results are expressed in thousands of pounds. The survey results represent 279 completed self-reporting mail surveys. The respondents were asked to quantify various specific restaurant facts. Most surveys were filled out completely while some were partially completed. When tabulated the blank entries were recorded as "no response". The respondents were asked to relate the general business outlook on a 1 - 7 scale where 1 represents very unfavourable and 7 represents very favourable. The following pie chart helps explain the results: The chart helps report the following results of the general business outlook: 14% reported very unfavourable, 14% reported less favourable, 24% reported unfavourable, 26% reported favourable, 18% reported more favourable, 3% most favourable, 1% very favourable, and 0% no response. The majority of respondents reported the general business outlook as favourable. The majority (51%) of businesses reported that they were small with less than ten employees. Medium size businesses made up of 10 to 20 employees were of 24% of the total. Large businesses, those with 20 or more employees were (21%) of the total. 5% of the respondents reported no size. Total sales for small businesses... rket value for all businesses in the sector was measured at 83788 with a high of 12000 for one business and an average market value of 349.12 for all businesses. The total cost of goods sold measured 12.6% of total sales and wages measured 7% of total sales. The total spent on advertising within the sector was 2726. Respondents reported that of the restaurants in the sector 53% were fast food, 33% were Business Dinner/Lunch, 10% were Private Dinner/Lunch, and 4% left that question blank. The total seating capacity reported within the sector were 19173 seats with the average being 72 seats and the highest being 550 seats. Restaurants within the sector are sole ownership (38%), partnership (9%), or company owned (48%). 5% of the respondents left the question blank. The following chart gives the percentage breakdown: The Average number of fulltime employees per business is 11 and the average number of part-time employees if 13. The majority (51%) of businesses reported that they were small with less than ten employees. Medium size businesses made up of 10 to 20 employees were of 24% of the total. Large businesses, those with 20 or more employees were (21%) of the total. 5% of the respondents reported no size. Total sales for small businesses were reported as 18927, medium 17494, and large 45822. Average sales per small business were reported as 145.59, medium business 291.57, and large business 848.56. Large businesses made more overall, with small businesses next and medium business sales falling about 1500 behind the small businesses. The averages followed the small, medium, large pattern. The business outlook based upon restaurant type was pretty much the same with the average scores between 3.3 and 3.4. That represents a reporting between

Should Marijuana be legalized Essay Example | Topics and Well Written Essays - 1000 words

Should Marijuana be legalized - Essay Example Currently, there are many critics of the said law who advocate the legalization of marijuana. In fact, ten states (California, Colorado, Maine, Minnesota, Mississippi, Nebraska, New York, North Carolina, Ohio, and Oregon) have started to decriminalize it by imposing fines instead for possession rather the jail time as punishment. There are sectors who argue that the substance is not harmful and, hence, should be excluded from the illegal narcotics classification, in effect, criminalizing its possession. This paper will investigate whether this argument has merit and that it is reasonable to decriminalize its possession and use. There are two major arguments behind the call to legalize marijuana. The first is the reasoning that it is not harmful to health. Proponents often cite medical studies and research that find marijuana as a safe drug. For example, there is the Drug Enforcement Administration own administrative judge Francis Young, who declared in his 1988 decision to recommend marijuana’s legalization that: â€Å"Marijuana, in its natural form, is one of the safest therapeutically active substance known to mankind† (Barton 64). In this respect, Gieringer, Rosenthal and Carter (2008) further underscored that in animal experiments, the lethal dose of cannabis would be approximately 20,000 to 40,000 times than that of the normal dose and would require the intake of 40-80 pounds of marijuana (1). They referred to the current statistics that, so far, no fatality has ever been recorded out of cannabis overdose. The second point often cited by those in favor of legalizing marijuana is that this issue has become akin to the situation during the Prohibition era when the ban of alcohol has resulted to crime and corruption. The idea is that by legalizing cannabis, a source of funds would be denied on the criminal organizations that currently profit enormously from the underground trade. In addition, says Gomberg