The Big Five Personality ModelPersonality of an individual is essentially their characteristic pattern of behavior, feelings and thought processes that differentiate them from other individuals. The Big Five personality model, which is also known as the Five Factor inventory model is based on the basic five personality descriptors. The five factors defined in this model include Conscientiousness, agreeableness, neuroticism, openness and extrav…

Objectives of Monetary PolicyIn this paper, a case study is formulated in reference to Reserve Bank of Australia’s monetary policy statement. In the last media release of RBA, on 5th December the board members of RBA have decided to keep the cash rate at a neutral level of 1.50 percent. RBA designs its monetary policy depending on the prevailing economic scenario. Cash rate is the instrument used by RBA to stabilize inflation and …

Fulfillment of Psychological Needs in Festivals and SportsAn event refers to a gathering of people and it is generally convened during a special occasion. Festivals provide an occasion for merriment and United Kingdom celebrates a wide range of excellent festivals along with events. Events like Edinburgh Festival, music festival and world cup attracts a large number of people who gets drowned in the pleasure of the festival or the cup (Lee, Petr…

Factors considered as indicators of customer preferenceThis survey aims to provide better insights about what drives customer preference for full service carrier airlines (FSA) and the low cost carrier airlines (LCA). The factors such as brand image, experience quality and satisfaction have been considered as indicators of customer preference.
 The survey is conducted in order to determine the causes behind the rapid growth of the Low Cost…

Answer:
1: Currently there are sales orders from the firm in hand but it is expected that soon there be bull order from nearby firms who organizes parties at multiples venue located in near locality.
2: The target customers are people living in nearby region, tourists, and customers who provide online orders.
Expected Sales to each category of people
Type of Customers
 
Number of units sold
Freq…