Cluster Analysis Research Proposal Example | Topics and Well Written Essays - 2000 words

Cluster Analysis - Research Proposal Example The coefficient of stage one is 1788. The cluster under stage two has one group under it and cluster has two groups under it. The coefficient under stage two for both clusters is 33445. Based on the criteria of years as member of the club, distance from the club and club membership, The cluster with the most population is the distance from the club group. The next cluster belongs to the group years as member. The last cluster belongs to the group club membership. This only shows that the nearness or the long travel time is a big factor in decision making for both the customers the management. Therefore, since distance is big factor in the invitation for new members to use the beautify facilities of the club, then the club must first entice people living near the club. This also shows that there are not as many member presently because only a few members as compared to the total guests of the club. It is noticed that the club membership cluster is the lowest of the three criteria. This statistical data shows that it is the difficulty of companies to maintain or even increase the present members. Based on the criteria importance of pool facilities, importance of tennis facilities and importance of challenge of golf, the cluster no. one has two groups under it and cluster two has three groups under its wings for the same stage. ... one has two groups under it and cluster two has three groups under its wings for the same stage. The coefficient of stage one is 479.295. The cluster under stage two has one group under it and cluster no. two has two groups under it. The coefficient under stage two for both clusters is 2015.879. Based on the criteria importance of pool facilities, importance of tennis facilities and importance of challenge of golf, there is a big cluster around importance of pool facilities. Then the second cluster is belongs to the importance of tennis facilities criteria. The last cluster belongs to the importance of golf criteria. The above shows that the importance of pool facilities is a very strong marketing tool to increase the company sales. This also shows that more people in the club prefer to go and while away the sunshine at the pool area while the other members prefer to go tennis. This is a very powerful tool to help increase the profitability of the business. It is also relaxing to do business thinking while splashing that pool water onto the face to refresh the tired thinker. More people prefer pool because it is relaxing. Also, it is so nice to look at the beautiful bodies of men and women as the wear their swimwear. We can think of a possible business like, swimwear. Whereas, the people who love tennis and gold will have to sweat it out to enjoy. Tennis is mostly for the teenagers or below forty year old population. Whereas gold, is only for the rich man, real rich that is. The golf clubs cost so much. The golf bag and other gold accessories are sold at very prohibitively high prices. This shows that more people

High Budget Deficit and the Growth Rate of the Economy Essay

High Budget Deficit and the Growth Rate of the Economy - Essay Example The nation with high private saving will offset the moderate deficit financing in a much better way to provide for investment capital necessary for the growth of economy. Thus, for future economic growth national savings matter highly. National saving is the measure of the accumulation of financial and other real assets overtime. Future national income will largely depend upon this accumulated stock of assets. Unfortunately, deficit financing coupled with nil or negative private saving has made the national saving negative. In this perspective, deficit financing on a sustained basis cannot help US economy. Higher Interest Rates Macguineas (2011) argues that ever increasing deficit financing will exert upward pressure on interest rates thereby increasing the cost of capital. Budgetary deficits are financed through government borrowings. When government borrowings rise to a high level, the government may have to offer increased interest rates so that sufficient buyers are attracted to buy government debt. Obviously, higher interest rates will tend to retard the economic growth rate. Higher Borrowing Leads to Higher Interest Payments Increasing borrowings year after year will necessitate higher spending on debt-interest. Higher interest burden eats away the productive deployment of the capital necessary for the economic growth. As a result, the needy sectors such as education, health starve of the funds that are necessary to provide impetus to the economy. Defense Spending and Budgetary Deficit Korb et al. (2011) of the center for American Progress (CAP) argue that defense spending has created the current fiscal crisis. The experts from the CAP believe that the massive deficit is the result of increasing defense budget during 2004 through 2012. It...This essay offers a comprehensive review of the effects, that the high levels of budget deficit exercise on the economic development of the country, using the example of the US. In 2011, it was the third straight year when the gap between American government's income and spending remained negative to the tune of $1 trillion or above. In percentage terms, the deficit is hovering at around 10 percent of gross domestic product in last two years. This was causing serious concerns at several quarters on soaring national debt. The national saving rate is important for future economic growth and budgetary deficit has a direct bearing on national saving rate. Since last many years private saving is meager in the US and in last couple of years it has gone even negative. With such a low/negative saving, it is difficult to obtain economic growth and US productivity at desired rate. Ever increasing deficit financing will exert upward pressure on interest rates thereby increasing the cost of capital. Budgetary deficits are financed through government borrowings. When government borrowings rise to a high level, the government may have to offer increased interest rates so that sufficient buyers are attracted to buy government debt. Higher interest rates retards the economic growth rate. It can be concluded that when the government incurs debt, it is important to know what government does with that money. If the money are deployed for productive purposes, it can certainly help the economy of the present as well as future generations.