Question: A retail chain is experiencing a sudden drop in customer footfall despite aggressive promotions and discounts. The management suspects a change in consumer behavior but
A retail chain is experiencing a sudden drop in customer footfall despite aggressive promotions and discounts. The management suspects a change in consumer behavior but lacks data to validate this. They have decided to conduct a research study to identify the root causes and propose solutions.Question 4: As a research consultant, outline a research methodology framework that can be used to investigate this issue. Include the research problem, objectives, variables, proposed data collection methods, and ethical considerations.
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