Define

a Business research

b Data silo

c Strategic inflection point

$2$ Distinguish among the following sets of items, and suggest the significance of each in a research context:

a Data, information, and insight

b Concept and construct.

c Deduction and induction.

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d Operational definition and dictionary definition.

e Concept and variable.

f Hypothesis and theory.

$3$ Describe the characteristics of the scientific method.

$4$ Below are some terms commonly found in a management setting. Are they concepts or constructs? Give two different operational definitions for each.

a Employee morale.

b Assembly line.

c Overdue account.

d Leadership.

e Ethical standards.

$5$ In your company$$s management development program, there was a heated discussion between some people who claimed, $$Theory is impractical and thus no good,$$ and others who claimed, $$Good theory is the most practical approach to problems.$$ What position would you take and why?

$6$ Chipotle Mexican Grill continues to suffer from perception issues after a string of outbreaks, including E$.$coli, worried customers about the safety of eating at the fast casual chain. Chipotle$$s strategy for getting customers back into its restaurants was to give away free tacos, burritos, and chips. And while its customer survey satisfaction scores are improving, Chipotle is still operating at a loss. What is Chipoltle$$s current management dilemma?