UCL Quantitative Methods Paper

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Business Finance

University of London


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Explanation & Answer


University of London
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Question 1
Quantitative methods have become an integral part of modern firms, and
large global organizations, such as McDonald’s, are increasingly relying on them to
make better decisions. Quantitative methods provide a structured approach to
decision-making and can be used to identify patterns or trends, gain insights, and
improve the efficiency of processes. As a result, quantitative methods play a vital
role in modern firms. They allow companies to gain insight into the underlying
dynamics of their operations and make informed decisions based on data-driven
evidence. For example, McDonald’s is one of the world’s most successful fast-food
restaurants. It has achieved this success by leveraging quantitative methods in all
aspects of the business. These methods allow the company to understand their
customers better, anticipate their needs, and create effective strategies to meet
them. To do this, McDonald’s employs a variety of quantitative tools, such as
industry analysis, market research, and customer surveys. Additionally, McDonald’s
uses data analytics to identify trends, adjust pricing, and develop targeted marketing
campaigns. By leveraging these methods, McDonald�...

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