Premium Essay

Bus 642 Week 1

In: Business and Management

Submitted By Godson86
Words 283
Pages 2
What do you think of this research suggestion?
I believe that the research suggestion is a little vague. There could have been a lot of reasons as to why the sales of beef went down. Sale of beef could be down due to the fear of E coli which is one way of think, or maybe people in the area just wanted to eat better or healthier. That could have also affected the sale of beef. Sales could have also dwindled due cheaper prices in fish, chicken and tofu or waitress not recommending beef, which might have led people to cut down on their consumption of beef products. I think that the manager jumped to an early conclusion when there might have been several other factors that contributed to the reduction in sales. As it is stated in the text, business research is a systematic inquiry that provides information to guide managerial decisions (Cooper, & Schindler, 2011). More planning, acquiring, analyzing, and disseminating of data should have been done first.
How, if at all, could you improve on your boss’s formulating of the research question?
In order to improve my bosses’ formulation two things could have been done. One is to create a model and the second is to do a survey asking customers why they are buying less beer products. As stated in our text, a model purpose is to increase our understanding, prediction, and control of the complexities of the environment (Cooper &Schindler, 2011). With these in place, the manager would have been able to have a stronger and more accurate research questin.
Cooper, D. & Schindler, P. (2011). Business research methods (11th ed.). New York: McGraw-Hill...

Similar Documents

Premium Essay

Bus 642 Week 1 Assignment

...Discussion Questions Timothy Vallin BUS 642 Business Research Methods & Tools Instructor: Donald Platine August 19, 2012 Discussion Questions 1. What is business research? Business research is a systematic inquiry that provides information to guide managerial decisions. It is also a process of planning, acquiring, analyzing, and disseminating relevant data, information, and insights to decision makers in ways that mobilize the organization to take appropriate actions that, in turn, maximize performance (Cooper & Schindler, 2011). Why should there be any questions about the definition of research? There is a variety of a different type of research projects grouped under the label “business research”. The definition of research is not a simple standard that is the same for every individual. It is based on the person that is conducting the research. It has to be defined so that everyone understands what they are doing when they hear the word research. This is due to it having such a broad definition with many different meanings. 2. What is the difference between applied research and basic or pure research? Applied research has a practical problem-solving emphasis. Pure research or basic research aims to solve perplexing questions or obtain new knowledge of an experimental or theoretical nature that has little direct or immediate impact on action, performance, or policy decisions....

Words: 600 - Pages: 3

Free Essay

Bus 642 Week 4 Exercises

...This file of BUS 642 Week 3 Exercises consists of: 1. Complete Making Research Decisions, 5, page 315. Using this measuring scale we can be pretty sure about the real attitude of the customer about that product. The customer decision in a ranking scale is just based on possible answers of the customer. I strongly believe that the Coke was fine but not 3.more than Sprite. We cannot make any other judgments in such sort of scale. Complete Terms in Review, 1- 3, page 123. How does each of these five evaluation factors for a secondary source influence its management decision making value? 2. Distinctions between primary, secondary and tertiary sources in secondary search 3. What problems of secondary data quality must researchers face? How can they deal with them? On companion website: 1. Read the case study, State Farm: Dangerous Intersections. Answer questions 1 through 5. (This case can be downloaded from the text book web site, highered.mcgraw-hill.com/sites/0073373702/student_view0/cases.html) 2. What hypothesis might drive the research of one of the cities on the top 10 dangerous intersection list? 3. Evaluate the methodology for State Farm Business - General Business Week Three Exercises  Complete the following exercises: In your text book Complete Making Research Decisions, 5, page 315. Complete Terms in Review, 1- 3, page 123....

Words: 379 - Pages: 2

Premium Essay

Telecommunications

...Exercise One Nt1310 Week 1 In: Computers and Technology Exercise One Nt1310 Week 1 NT1310:Week 1 Telecommunications By: Kenneth Martin You are an IT Network Specialist and are required to develop the design of the company’s telephone system for its new building which will begin construction in a few months. In order to get a background which will help when developing the new system, your supervisor asked you to research the current Plain Old Telephone Service (POTS) currently used by the company. You must research the system components and report back to your supervisor , the Telecommunications Manager, within a week. 1. Describe a local land line phone system based on the following Landline Telephone Components: a. Local Loop a local loop is the wired connection from a telephone company's central office in a locality to its customers' telephones at homes and businesses. This connection is usually on a pair of copper wires called twisted pair. The system was originally designed for voice transmission only using analog transmission technology on a single voice channel. Today, your computer's modem makes the conversion between analog signals and digital signals. With Integrated Services Digital Network (ISDN) or Digital Subscriber Line (DSL), the local loop can carry digital signals directly and at a much higher bandwidth than they do for voice only. b....

Words: 496 - Pages: 2

Free Essay

Wk 5 Assignment

...Week 5 Assignment Kanit Dararutana Dr. Thomas Hennefer BUS 642 – Business Research Methods & Tools Ashford University 4 February 2013 Week 5 Assignment Making Research Decisions 2) Suppose you were preparing two-way tables of percentages for the following pairs of variables. How would you run the percentages? a) Age and consumption of breakfast cereal. Here I would use cross tabulation because there are two variables and start by listing age in the left most column. Each row would represent every age concerned, and then the following columns would be the amount or type of cereal consumed depending on what the question desired. b) Family income and confidence about the family’s future. Again I would use cross tabulation here, I would list in the left-most columns different income ranges and each row would be realistic of different family incomes. From there, each subsequent column would list a percentage relating whether those in that income bracket felt confident from a scale of 1 to 5. c) Marital status and sports participation. Here I would use cross tabulation to list two rows, married and unmarried. Then each column would represent a sport and a percentage of how many people participated in that sport. The last column would be marked as no sports for those that do not play sports at all. d) Crime rate and unemployment rate....

Words: 1282 - Pages: 6

Free Essay

Bus642 Week 5

...Running Head: Case Assignment Week 5 Bus 642: Business Research Methods and Tools Name Instructor September 3, 2012 Case Study: Inquiring Minds Want to Know – NOW. Questions 1 - 9 1. Build the management-research question hierarchy. a. The management dilemma Penton Media, a publisher of business magazines, was experiencing a declining number of reader service cards being returned, indicating a smaller number of reader enquiries and a declining number of sales leads for advertisers. b. The management question How can Penton Media increase the number of reader service cards being returned by readers; or, how can Penton Media increase the number of reader enquiries and the number of sales leads for its advertisers? c. The research question (s) Should Penton Media retain, modify, or discontinue the reader service card program? Instead of requesting product or service information by mail, should the publisher use alternate inquiry response options such as sending an e-mail, visiting an advertiser’s website, or using a toll-free telephone number? d. Investigative questions What kind of information do readers most often seek? What is the time frame in which information is most often sought? What response options do advertisers offer to obtain information about their products and services? Is there an emerging trend which shows that readers are changing their choice of response options?...

Words: 1684 - Pages: 7

Premium Essay

Hihihi

...COURSE DESCRIPTION: Financial Accounting: (IAI BUS 904) Financial statements as related to investors, creditors and managers, includes cash, receivables, inventory, noncurrent assets, investments, liabilities and equities. F,S,Su COURSE OBJECTIVES: Construct, interpret and analyze the income statement, balance sheet, stockholder’s equity statement and cash flow statement for service business and merchandising business Construct, interpret and analyze period-end adjustments (accruals and deferrals), periodic and perpetual inventory methods, receivables, cash, long-term assets, liabilities (short-term, long-term and contingent), stockholder’s equity and various financial statement ratios. ATTENDANCE: Prompt and regular attendance is expected. You are expected to be at class on time and to be present for the full period. If you are having trouble, do not hesitate to ask me for help or go to the free Peer Tutoring Lab. ACADEMIC HONESTY Cheating includes copying assignments from the internet or other student’s assignments (from this or previous semesters),...

Words: 2147 - Pages: 9

Premium Essay

Business Administration

...BUS 499 – Business Administration Capstone (Prerequisite: To be taken as last or next to last course) COURSE DESCRIPTION This course is the capstone course for the Bachelor of Business Administration program. It examines the processes by which organizations formulate strategy, implement policy, and evaluate outcomes in the highly competitive and dynamic global environment. The ethical implications of strategic choices are a central concern of this course. Analytic, integrative, and decision-making skills will be exercised through the use of case analysis and decision making. INSTRUCTIONAL MATERIALS Required Resources Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2011). Strategic management: Competitiveness and globalization, concepts and cases: 2011 custom edition (9th ed.). Mason, OH: South-Western Cengage Learning. Supplemental Resources Angwin, D., Paroutis, S., & Mitson, S. (2009). Connecting up strategy: Are senior strategy directors a missing link? California Management Review, 51(3), 74-94. Derfus, P. J., Maggitti, P. G., Grimm, C. M., & Smith, K. G. (2008). The red queen effect: Competitive actions and firm performance. Academy of Management Journal, 51(1), 61-80. Franken, A., Ewards, C., & Lambert, R. (2009). Executing strategic change: Understanding the critical management elements that lead to success. California Management Review, 51(3), 49-73. COURSE LEARNING OUTCOMES 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11....

Words: 7054 - Pages: 29

Free Essay

Bus 640 Final

...Jones February 11, 2013 BUS: 642 Thomas Hennefer Abstract Blockbuster video, the once dominant force behind consumers’ movie rental needs has suffered a significant loss in revenue to the rise of RedBox and Netflix. The competitive advantage offered by the two companies has tapped into Blockbuster’s market and cause a lack of blockbuster for the company. Since 2009 the company has continue to reported decreased revenue and profits against its competitors. In 2010 the company filed bankruptcy and has since then implemented new services and products similar to its competitors, however, customer’s still prefer RedBox and/or Netflix. Once upon a time on a Friday night after work, you were looking to go home, relax, and watch a good movie. You come up on a big blue sign with yellow lettering, and think, “I’LL RUN TO BLOCKBUSTER!” Today, we’re looking for the nearest RedBox, or browsing Netflix for a good flick. There was time when families would take a trip to Blockbuster, order a pizza, and make it a movie night. Today, people have the luxury of not even leaving the house to find a good movie; thanks to Netflix. After a routine run to Wal-Mart, Walgreens, or Kroger’s it has become second nature to browse the RedBox, especially since the cost is only $1. But what has happened to good ol’ Blockbuster? Over the past few years Blockbuster video locations have steadily declined....

Words: 2466 - Pages: 10

Premium Essay

Busess

...(Prerequisite: BUS 310) COURSE DESCRIPTION Introduces and analyzes the basic concepts of compensation administration in organizations. Provides an intensive study of the wage system, methods of job evaluation, wage and salary structures, and the legal constraints on compensation programs. INSTRUCTIONAL MATERIALS Required Resources Martocchio, J. J. (2013). Strategic compensation: A human resource management approach (7th ed.). Upper Saddle River, NJ: Prentice Hall / Pearson. Supplemental Resources Andersen, S. (2012). The keys to effective strategic account planning. Velocity, 14(1), 23-26. Burkhauser, R. V., Schmeiser, M. D., & Weathers II, R. R. (2012). The importance of anti-discrimination and workers’ compensation laws on the provision of workplace accommodations following the onset of a disability. Industrial & Labor Relations Review, 65(1), 161-180. Employee compensation: 12 trends for 2012. (2012). HR Specialist, 10(2), 1-2. Survey of the Month: Companies Focus On Updating Compensation in 2012. (2011). Report on Salary Surveys, 18(12), 1-5. The Society of Human Resources Management (2012). General format. Retrieved from http://www.shrm.org WorldatWork. (n.d.). General format. Retrieved from http://www.worldatwork.org COURSE LEARNING OUTCOMES 1. Analyze how compensation practice can be applied to positively impact an organization and its stakeholders. 2....

Words: 3798 - Pages: 16

Free Essay

Mtr 2012

...Contents 02 04 06 08 12 23 24 26 40 46 58 66 72 78 84 86 88 MTR Corporation in Numbers – 2012 Hong Kong Operating Network with Future Extensions MTR Corporation at a Glance Chairman’s Letter CEO’s Review of Operations and Outlook Key Figures Key Events in 2012 Executive Management’s Report – Hong Kong Transport Operations – Hong Kong Station Commercial Business – Hong Kong Property and Other Businesses – Hong Kong Network Expansion – Mainland and Overseas Growth – Human Resources Financial Review Ten-Year Statistics Investor Relations Risk Management 89 90 94 112 116 124 125 153 154 155 156 157 158 159 160 161 240 Sustainability Corporate Responsibility Corporate Governance Report Remuneration Report Board and Executive Directorate Key Corporate Management Report of the Members of the Board Contents of Accounts and Notes Independent Auditor’s Report Consolidated Profit and Loss Account Consolidated Statement of Comprehensive Income Consolidated Balance Sheet Balance Sheet Consolidated Statement of Changes in Equity Consolidated Cash Flow Statement Notes to the Accounts Glossary Annual Report 2012 1 MTR...

Words: 17904 - Pages: 72

Premium Essay

Study Habits

...Improving sleep pattern regularity by getting up earlier on weekends (i.e., at a time closer to the weekday wake-up time) can play a particularly important role in increasing total sleep time during the week and decreasing daytime sleepiness. Recent research...

Words: 8781 - Pages: 36

Premium Essay

Police

...BELHAVEN UNIVERSITY Jackson, Mississippi A CHRISTIAN UNIVERSITY OF LIBERAL ARTS AND SCIENCES FOUNDED IN 1883 CATALOGUE 2014-2015 EFFECTIVE JUNE 1, 2014 Directory of Communication Mailing Address: Belhaven University 1500 Peachtree St. Jackson, MS 39202 Belhaven University 535 Chestnut St. Suite 100 Chattanooga, TN 37402 Belhaven University 7111 South Crest Parkway Southaven, MS 38671 Belhaven University – LeFleur 4780 I-55 North Suite 125 Jackson, MS 39211 Belhaven University 15115 Park Row Suite 175 Houston, TX 77084 Belhaven University Online 1500 Peachtree St. Box 279 Jackson, MS 39202 Belhaven University 1790 Kirby Parkway Suite 100 Memphis, TN 38138 Belhaven University 4151 Ashford Dunwoody Rd. Suite 130 Atlanta, GA 30319 Belhaven University 5200 Vineland Rd....

Words: 151104 - Pages: 605

Free Essay

Theory

...1. Share this information with other people who need help; 2. Share your voice: Elected officials in Sacramento City, County, State Capitol and Washington, DC are always debating the programs and services...

Words: 46387 - Pages: 186

Premium Essay

Smrt Financial Anaysis

...Contents 02 08 10 12 16 20 24 30 54 02 10 Milestones Group Financial Highlights At a Glance Chairman’s Message Board of Directors Senior Management Organisational Structure Group Structure Corporate Information Corporate Directory Corporate Governance Key Dynamics & Risk Management Corporate Social Responsibility Highlights 25 1.0% Grassroots 26 27 30 47 54 64 0.3% Education 56.1% Corporate Giving in FY2012 86 76 Social Services Operating & Financial Review Fare Revenue ($m) 68 72 CEO's Message Company Overview & Background Group Performance Value Added & Economic Value Added Analysis SMRT and Our Shareholders SMRT Trains & SMRT Light Rail SMRT Buses SMRT Automotive Services SMRT Taxis SMRT Investments (Properties & Media) SMRT International & SMRT Engineering 749.6 9.4 213.1 800.5 10.1 76 220.4 82 84 527.1 569.9 86 92 96 FY2011 Train Bus FY2012 LRT 98 100 102 Financial Report 105 190 191 193 203 Financial Contents Group Properties & Interested Person Transactions Shareholding Statistics Notice of Annual General Meeting Proxy Form SMRT Corporation Ltd Annual Report 2012 1 Milestones 1987 Singapore’s first Mass Rapid Transit system (MRT) opens for service Train service from Yio Chu Kang to Toa Payoh commences Train service from Novena to Outram Park commences 1988 Train service from Tiong Bahru to Clementi commences Train service from Jurong East to Lakeside commences Train service from...

Words: 73022 - Pages: 293

Premium Essay

Tax Business

...Calculations 19 (1) Breakeven Point 19 (2) Sales Revenue 19 (3) Cost Of Goods Sold 21 (4) Expenses 23 (5) Operating Margin 25 Operations 26-30 m. Overview Of Logistics 26 n. Location Of Business 26 o. Schedule 26 p. Suppliers And Supply 27 q. Logistics 28 Sales Plan 31-33 r. Marketing 31 i. Message 31 s. Pricing And Sales Objectives 33 Human Resources 34-35 t. Past Work Experience 34 u. Skills And Abilities 34 v. Maintaining And Engaging Employees 34 w. Key Management People 35 x. Staffing Plan 35 Appendices 34-44 y. Resumes 36 (1) Feliciana Liem 36 (2) Alexander Lorenzo 37 (3) Juliane Martin 38 (4) Emma Munley 39 (5) Alexandria Murphy 40 z. Bibliography 41 I. Executive Summary: Mobile HomeGoods is a company that was created to ease the process of dorm shopping for college students. We operate in an exclusive relationship with HomeGoods in which we...

Words: 9126 - Pages: 37