...Business Research Project: Riordan Manufacturing QNT/561 Abstract Riordan Manufacturing is subsidiary of Riordan Industries, Inc., which is a leading global manufacturer of plastic containers, parts, and electrical fans (Apollo Group Inc., 2013). The company attempts to maintain adequate quantities of completed electrical fan units in their stock in order to meet the customer demand, however, its on-time deliveries average only 93% due to an insufficient number of completed fan units. Riordan stocks all the necessary raw materials needed to assemble the electrical fans readily available in their manufacturing plant except for the fan motors, which are fulfilled by an outside supplier. Therefore, Riordan Management is asking why meeting the demand is inconsistent with the current fan motor supplier as manifested by their 93% on-time delivery and claim the company's on-time delivery to increase with new a supplier. In this business research project, Team C will investigate and examine the validity of Riordan Management's claim. Formulation of the Research Problem Managerial decision-making is very crucial in the long-term success and failure of organizations, which ultimately influences a great deal of individuals in both microeconomic and macroeconomic senses. The successes of industry leaders such as Apple, Google, and Amazon and failures of Enron, AIG, as well as the financial meltdown of the 2008 can all be attributed to managerial decision-making that affected many...
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...Current Business Research Project Paper Many companies and organizations utilize business research to describe or answer an organized effort to discover specific issues encountered in their organization or society with regards to their products. Research can be defined as gathering information from credible sources for the purpose of solving a problem. Business research is utilized to investigate a described problem within an organization or one that is caused by a product of an organization. The following information is a synopsis of an article discussing marketing services that are used to satisfy internal customers (Harell, Fors, 1995). Industrial firms invest a considerable amount of time, effort, and money into understanding how organizations purchase from the perspective of marketing. This approach seeks to understand the needs, wants, and expectations of purchasers in developing a firm’s ability to provide effective customer satisfaction (Harell, Fors, 1995). The first step in the development of inter-organizational marketing strategies possesses an understanding of organizational purchasing behavior. Most companies devote very little attention to the concept of intra-organizational marketing of goods and services and some organizational groups market its capabilities to other groups within the same company. These internal transactions constitute an immense share of the business transactions that move goods and services throughout the industrial supply chain to the...
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...Descriptive Statistics Introduction This week’s team assignment is to collect the team member’s descriptive statistics for week four incorporating the best elements into one team data analysis paper, including data and charts. Descriptive Statistics The research topic for this paper is “McDonald’s is Closing Hundreds of Stores.” As part of the research a sample size of 400 was selected to ensure accuracy of results based on the population size of 410. The given sample size was randomly surveyed to test the variables – Independent Variable - Change in consumer food preference and competitive market place and Dependent Variable – Reduced sales hence reduced profit. Age Three Hundred and Eighty-Five McDonald’s consumers were randomly selected and their ages measured. The age ranges were 15 and 65 years. Average consumer is aged 31 with a standard deviation of 14 years. Approximately half or more of their ages are above 31. Income The income of the randomly surveyed consumers is averaged at $30.82 and with a standard deviation of $14.04. Income range is $15 to $65 and there is enough evidence that half or more of these consumers averages $30.82 per year. Strengths and Weaknesses of Team Members’ Individual Assignments Efforts were made by each team member to better understand the use of the statistical tool made available to us (MegaStat). More knowledge was gained and applied in the interpretation of data and findings on this paper. Additionally, each...
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...Current Business Research Project Sharron Jones University of Phoenix Res/341 Jim Triplett June 13, 2011 Current Business Research Project This paper is a synopsis of a research study in price knowledge measurement scales used in the food and clothing retail industry. This paper will define and identify the business research, purpose of the study, problems under investigation, methods of data collection, and the ending result. The article this synopsis is based on is “On the Validity of Price Knowledge Measurements via self-assessment scales: two studies in retail” (Eberhardt, Kenning, & Schneider, 2009, p. 1). Business research is defined “as a systematic and organized effort to investigate a specific problem encountered in a work setting that needs a solution” (Sekaran, 2003, p. 5). The business research used in respect to price knowledge measurement includes addressing self-assessment versus percentage absolute deviation (PAD), and the retail branch of food versus clothes. The problem under investigation is determining the validity of scales used to measure consumer price knowledge used in marketing to influence market price and profit (Eberhardt et al., 2009, p. 1). Previous research is outdated and does not consider important factors such as brand power, or demographics, and was performed from the viewpoint of a researcher and not the consumer (Eberhardt et al., 2009, p. 2). The researchers performed separate studies in food and clothing retail in Germany...
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...Applied Business Research Project: Benefits of Business Group Collaboration Systems April 12th, 2009 Table of Contents Abstract 3 Purpose of the Report 4 Background of the Company 4 Discussion of Current Business Issues 5 Research Findings on the Topic 6 Recommendations for the Executive Management Team 8 Bibliography 10 Abstract One of the fastest moving industries is gas and convenience store market and also one of the toughest to maintain. Facing giants like Wal-mart, BP, Circle-K, and Exxon Mobil, Phillips 66 and many other retail chains like yours often results in competition operating across the street from one another. So in this type of industry that has a saturated market of convenience, how do you make profit and retain customer loyalty through business strategies that differentiate you from the competition? Does it begin in the gas price? Perhaps it begins with the sale of milk with cookies? No, I think it begins with business intelligence that tells you the customer sees the lower gas price, stops in to pay for and sees the coffee and donut deal that further lowers his cost of gas. How does all that happen? According to an Oracle White paper “Daily Business Intelligence requires an information delivery environment that offers advanced analytics that are easy to use.”(Mirani, Jagdish) This business intelligence often filters through many departments before it ever reaches the executive decision makers, which ultimately leads marketing...
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...Current Business Research Project The ability for a supervisor to communicate is one any organization expects. Although communication normally comes naturally to someone, being able to communicate and transfer skills to an associate is something that may need to be learned. There have been numerous studies conducted to determine the effectiveness of formal training and development. Once the skill is learned, how the skill is used in on the job training is very important. The research conducted in this article is trying to determine whether or not the physical environment of an organization has an impact on supervisory communication skills transfer. Some of the factors being looked at are actual physical properties within a work environment. Examples of this would be how a cubicle or workspace is set up. Organizations need to determine if the physical environment is affecting a supervisors ability to transfer their skills. They also want to determine if the physical environment has an effect on the employees ability to transfer the skills they learned to on the job work. For this research project, interviews were conducted with the supervisors that were selected for the project. They used the Heuristic Elicitation Methodology for the interview process. They also conducted surveys of the supervisors. The results of the research showed supervisors would like to have a private office with a door to be able to enhance face-to-face interactions with employees. The supervisors...
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...suggests that the recitation of information by teacher to students is long behind us. Janusik and Wolvin also suggest that working in learning teams produce a higher rate of achievement and also motivate students even more. Janusik and Wolvin used college-level student particaipation as a form of data collection. Eighty-nine undergraduate students were surveyed and their perceptions of working within learning teams were anyalized with an instrument utilized in the Likert system Each student also was allowed to add comments and were also able to answer the general ranked questions. Half of the participating students were put together as a research team working on a specific project. The other half of the participating students worked one on one with the instructor and completed his or her own research project. At the end of the project, each student was polled with the...
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...Current Business Research Project Paper RES/341 March 21, 2012 Current Business Research Project Paper According to "Research Methodology" (2012), “business research can be defined as Business research is a systematic and organized effort to investigate a specific problem encountered in the work setting that needs a solution” (para.1). Laura M. Miller wrote “Physical Abuse in a College Setting” in this peer review Ms. Miller identified the purpose of the research. In this paper I will explain the problem that’s under investigation. There were several methods used in the research paper that I will describe. Last but not least I will conclude what the result of the research was. This article identifies the purpose of the research; after numerous reports of abuse between college students in relationships. According to research those students involved in an abusive relationship is more likely to stay with their abuser long term. The purpose of this paper is to inform readers how common it is for college students to find themselves in abusive relationship and never report their abuser. It has been determined that most victims have been in abusive relationships in the past. The business problem under investigation in this article is the victim giving accurate identification for their abuser. The main reason this happens is lack of knowledge and denial that abuse is incurring in their relationship. Stets and Pirog-Good (1989) reported that only approximately 40% of the men...
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...The business research and purpose of the article “Using Technology in the Social Studies Classroom: The Journey of Two Teachers” is how technology in these times have changed and should be more encouraged in the teaching methods. Two teachers have been used as a case study to determine if technology used in the classroom is more efficient and effective. The purpose of using technology in the classroom is a way to introduce new and innovative techniques through technology integration strategies. In this case study, investigations must be carried out in order to determine if in fact incorporating technology in the classroom will be beneficial for both parties involved; students and teachers. There are many teaching techniques that can be used but in the environment we live in today technology is the leading learning source we have. Because technology was the main focus and using different technology strategies, investigations were carried out between shifting from teacher-centered approaches to student-centered approaches. This consists of students becoming more active in the classroom and also willing to spend more time outside of the classroom. The approach in collecting data to carry out these investigations was from two different teachers. Three steps were used; pre-service teacher experience during the methods block, student teaching experience, and in-service teacher stage, post graduation. Using second hand data from both teachers helped with many questions and concerns...
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...“Business ethics in Central and Eastern Europe with Special Focus on the Czech Republic” by Marie Bohata, is a brief summary that is characterizing the business ethics in Eastern Europe with a main concentration on Czech Republic. The author is revealing the major problems and cultural challenges that come with the new reforms in the Czech Republic society and economy as well. The data collection methods that the author is using to collect her information are the local surveys, history documentation that show public opinion on morals, and ethics. The authors start her report by introducing a short summary of Eastern Europe particular countries history, were she introduces the reader to the history of those countries before communism, and after. Furthermore, Bohata is presenting to the reader the life and economical growth of Czech Republic before, during and after communism were moral and ethics were to different things and meaning. The main concentration of the article is on a brief summary to the Czech Republic history of business moral and ethics development. She introduce to the reader not only information of business ethics development in Czech Republic but also the first steps that been taken to bring the past soviet countries closer to business world itself. Based on her research Bohata was confident that the people and companies recognize the need of strong education, strong ethics in business activities, and first in government system that was to low in ethical behavior...
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...Define the business research and its purpose In the 21st century our country is facing criticism for failure to respond to a medical concern which specifically focuses on childhood obesity. The concern has been elevated to a state that health officials are calling it an epidemic. Childhood obesity is labeled an epidemic due to the escalating death rates, health issues, economic and hospital cost. Epidemic raises ownership responsibilities. Where does one turn to seek help for childhood obesity? Should the government intervene or is intervention strictly at the hand of the private sector? Indicating that the people are responsible for their health and the government should not be involved. Can a solution be derived involving both the government and the private sector? By using applied research the intent is to offer applicable solutions to improve on the conditions causing childhood obesity. The business problem(s) under investigation Alarming are the increased hospital and economic cost. Various medical conditions, from Type II diabetes, high blood cholesterol, coronary heart disease and certain types of cancers are becoming part of the American culture versus in America’s past this was typically limited to a smaller scope of people. The medical issues impact and create additional stress to the economic variable. Using an example involving insurance the government/tax papers will pick up the cost of treatment providing the people are using Medicaid/Medicare, or for those...
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...BUSINESS RESEARCH METHODS PROJECT REPORT ON INDIAN AGRICULTURE: FACTORS AND PRODUCTION Submitted in Partial Fulfilment of the Requirements for the degree of MASTER OF BUSINESS ADMINISTRATION By: Group 5 Ekta Chhotaria – G012 Aadarsh Chaudhary – G014 Dhwani Mehta – G038 Jackin Mota – G041 Snehal Naik – G044 Devalla Phani Madhav –G50 Rahul Rao – G051 Suryansh Shrimal –G59 Narsee Monjee Institute of Management Studies Mumbai – 400056 August 2015 INDEX Serial No. | Topic | Page No | 1 | Research problem | 3 | 2 | Abstract | 3 | 3 | Introduction | 4 | 4 | Literature Review | 4 | 5 | Research Design | 5 | 6 | Findings | 8 | 7 | Conclusion | 12 | 8 | Appendix | 12 | RESEARCH PROBLEM Reduce agricultural dependence on rainfall ABSTRACT Purpose: To determine the effect of irrigation on agricultural productivity Methodology: Scatter diagram and the regression analysis Findings: This study quantifies the incremental benefits of major factor inputs inovertime variation of agricultural performance and agricultural productivity in India. The results of our model indicate that better irrigation facilities, normal rainfall helped to improve crop output in the country. Social implications: Knowing precisely what factors impact agricultural productivity and to what extent will help the government increase farm productivity, thus reducing farmer suicides. INTRODUCTION The Indian economy has undergone structural changes...
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... Background of Business 2 Preliminary project scope 2 Target Market 3 Resource Required 4 Human Resources 4 Financial Resources 4 Physical Resources 4 External Market Research 4 Data Resource 4 Market Research Method 5 Exploratory Research 5 Descriptive Research 5 Casual Research 5 Types of Data Required 5 Primary Research Data 5 Secondary Research Data 5 Formal and Informal Research 6 Government Statistics 6 Trade and Business Association 6 Quantitative Research Data 6 Relevant Legislation 7 Introduction In this report, it will be discussed and reported about garden supply and nursery business, café business, and current development, also future development of the business. Marketing research as a first step is suggested to establish what the problem is, which it will be broken down briefly below. Background of Business David and his wife, Alison, have been in the garden supply and nursery business for the last 13 years. The business has prospered over the years. In the last 5 years, a small café has been opened inside the nursery, where about 3 years ago, the café operations was extended, includes trading hours extension, adding new menu, and extra tables and chairs, as well take-away food and sit-in dining are offered. Preliminary project scope Project name : Marketing research for garden and nursery business Project client/owner : David/Alison Project sponsor : David/Alison Project manager : Obed Project stakeholders :...
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...| 2014 | | Research For Senior Managers | [research Project on : How to develop a small business and strategy] | | Table of Contents Contents | Page No | Introduction | 02 | Be able to develop an appropriate research question for a business research project | | 1.1 Identify a suitable area of research | 02 | 1.2 Explain the aim, scope and objective of the project | 02 | 1.3 Establish success criteria for the research | 03 | 1.4 Develop a detailed research question | 04 | 1.5 Justify the choice of research question | 05 | Be able to develop a Research proposal | | 2.1 Evaluate research techniques to assess their suitability for the project | 05 | 2.2 Select suitable research Techniques | 06 | 2.3 Develop a detailed research proposal | 07 | Be able to undertake a literature review | | 3.1 Identify sources of information and literature relevant to the research question | 08 | 3.2 Critically review literature to inform the development of the research proposal or the research project | 08 | 3.3 Record and report literature review in an appropriate format for the project | 09 | Be able to use data and information collection and analysis techniques | | 4.1 Collect and analyses data and information to inform research | 10 | 4.2 Synthesize data and information to support result and conclusions of research | 10 | Be able to present Research with conclusion and make recommendation based on research carried out | | 5.1 Summarize...
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...Business Service Management Student Projects Business Service Management (BSM) Motivation/Background: In an environment where the number of services is substantial and the differences between business and IT services blur, Business Service Management becomes crucial: the explicit management of these services as important business assets that are the focal points for the cost-effective creation of customer value and innovation in organizations (see for more information: http://eprints.qut.edu.au/26620/). Aims/Outcomes: There are a range of topics within Business Service Management that can be the focus of a research project, for example, service management, service strategies, service-oriented business models, service prioritization, service portfolio management, service quality, service analysis & design, service co-creation, service architectures and service re-use. A project can be of a more academic or practical nature. Depending on your specific interests, we will advise you to contact one of the BSM researchers as supervisor. Some specific projects within this area are listed here and described in more detail below: Decision-Support for Service Bundling Prioritisation of Service Processes Service-oriented business models Apple’s iModel: The business model of iPod, iPhone and iPad Required Knowledge: Projects in the area of BSM require a sound understanding of both business and IT and a basic understanding and interest in research methodologies...
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