Drones- compared to manned vehicle delivery

 

Drones- compared to manned vehicle delivery

Identify an industry that you have covered in your MG 615 (Managing in the Global Environment). An industry could be one of the followings: a) Pet Industry b)
Transportation Industry c) Pharmaceutical Industry d) Merchandizing Industry Here, the industry annual sales will be designated as the dependent variable. Next, we
need to identify theoretically all those factors that may explain the variations of the dependent variable. Some explanations are: A. Average annual income that can be
measured by US GDP. In theory, it is argued that as the average annual income increases, consumers will be inclined to make more purchases Select a topic of interest :
a) . So, the relationship between pet sales and average income is expected to be positive. b) After we have defined the theoretical relationship between the dependent
and independent variable, we proceed to collect data on the variables for the purpose of testing. Does the data provide evidence of the theoretical relationship
between Sales (Y) and income( X). Details on the expected relationship will be covered in chapter 13 in the course. In other words, establish whether a causal
relationship exists between industry sales and the explanatory variable; is the relationship positive or negative? Once you have identified the theoretical
relationship, collect your data and then test your hypothesis. This is the first stage of the DCOVA; defining your goal or objective of your study or to define your
variable of interest: STATE YOUR HYPOTHESIS.