London Case Study Example | Topics and Well Written Essays - 500 words

London - Case Study Example Project managers should ensure they select tactics, which will work in favor of the organizations’ goals and objectives. During the 2012 London Olympic Games, the challenge was to ensure maximum participation and revenue for the organizations responsible for managing the events (President and Fellows of Harvard College, 1). A good pricing strategy enables organizations to utilize their resources effectively. The organizations are able to achieve this by ensuring that all available capacity is utilized effectively without unnecessary wastage. This reduces the operation cost since the fixed cost decreases with the increase in units of output. In 2012 London Olympic Games, organizers of the event were able to ensure that all capacity was utilized by selling all tickets for available seats to interested individuals and that no seats were left vacant (According to President and Fellows of Harvard College, 2. The sales of tickets accounts for twenty percents of total revenue for Olympic Games organization. When setting prices for the company’s products, marketers should ensure that their products are accessible to as many people as possible. This will help to make the products and services popular and enable them maximize their market share. They should target clients from different classes by setting different prices for different groups’ people. In 2012 London Olympic Games, the organization responsible for coordinating the games tickets at affordable prices to ensure as many people as possible attended the games (President and Fellows of Harvard College, 3). They had estimated a total of 7.9 million people would attend the function, and so they prepared tickets for the estimated group. Setting prices for the products also requires the company to ensure that their target groups are not locked out of the organizations products. During the London Olympic Games in 2012, organization which was

Using Research Evidence. (paper subject - Health and social care) Essay

Using Research Evidence. (paper subject - Health and social care) - Essay Example However, the definition that really caught my attention was the one that defined research as a systematic, planned, investigation of a stated problem with a pre-established or decided outcome, which will contribute to understanding the issue in question (Carnwell, 2015). In all the above definitions, there is the element of systematic, and planned even if not directly but may synonymously be implied by the used words. In other words, research must be systematic and planned. This is a research that basically depends on collection and gathering of quantifiable or measurable data. It may be defined as a method that involves collecting numerical data under controllable conditions and the subsequent statistical analysis of information generated afterwards (Burns & Grove, 2001). In summary, it has the following characteristics that make it distinct from qualitative research: Under this research, there is a single objective that defines the study plus, the report must be based on statistics. Correlations and other measures of central tendencies are calculated and reported (Johnson & Christensen, 2008). This research involves collecting and analyzing systematically materials, using personal feelings through procedures in which there tends to be a minimum of researcher control to minimize bias of the researcher (Polit & Hungler, 1993). In this type, there is mostly personal feelings involved and most of the findings are not quantifiable. Evidence can be said to be either valid, relevant, reliable or valid and relevant or valid and reliable. When it comes to evidence based practice, there is need to use the best evidence for decision-making. For this reason, the evidence needs to be one that can be reliably be depended upon since life is at stake. They would want o use the best evidence available from the previous research. Evidence may be valid with regards to a particular case or person, but may fail the relevancy test for which