Question: Develop Possible Research Problems The manager's decision problem describes the manager's view of the situation. A research problem is a restatement of the decision problem

Develop Possible Research Problems
The manager's decision problem describes the manager's view of the situation. A research problem is a restatement of the decision problem in research terms, from the researcher's perspective. A research problem states specifically what research can be done to provide answers to the decision problem.
Consider again the coffee shop owner facing the aliscovery-oriented decision problem, "Why are store revenues so low?" As is true of most discovery-oriented problems, several avenues of research might provide insights into the problem, including these:
Determine what sales levels are required for breakeven. (Researchers must first be good at overall business!)
Assess store traffic and purchase pattems. (Is low revenue attributable to not enough customers, low revenue per customer, or both?)
Investigate current customer satisfaction. (Is the shop getting repeat business?)
Assess the target market's perceptions of the coffee shop and its competitors.
Determine the target market's awareness of the shop.
 Develop Possible Research Problems The manager's decision problem describes the manager's

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!