Question: Part II: Essay/Case Studies: Answer Both: Point form ok for answer #1., complete paragraphs for answer #2 (60%) CITE ANY USE OR PARTIAL USE OF

Part II: Essay/Case Studies: Answer Both: Point form ok for answer #1., complete paragraphs for answer #2 (60%) CITE ANY USE OR PARTIAL USE OF AI TOOLS 1. Recently indicated Former President Donald J. Trump is looking for new sources of funding for his upcoming Presidential election campaign in 2024. Trump is excited about launching his great new product, Make America Great Again bottled mineral water. Trumps business associates have a sourced the water from a new untapped spring in the Canadian Artic. Trump has also licensed a revolutionary proprietary oxidation process which claims to increase the potency of water by 25%. Trump decides to set a price point of 5$ per bottle to establish Make America Great Again bottled mineral water as a luxury product. He also establishes exclusive distribution deals to sell the water in high-end golf and country clubs to reach his high roller clientele. Surprisingly after 6 months, sales are slow and almost non-existent. Trumps high roller clientele hate any political association with a now toxic Trump geopolitical brand. Additionally, the revolutionary oxidation process while making the water more potent, also the leaves a strong metallic taste. New environmental regulations introduced by President Biden banning the use of single use plastics has also slowed distribution in clubs and stores. Trump has sunk huge new capital in this startup venture and hates to lose in business. He commissions a research study from your research firm to find new markets and new customers for his bottled water. Sketch a potential research design/research plan for this study. Make sure you indicate your research problem, identify 2 research symptoms, outline five research objectives, list five secondary sources, and speculate on data collection techniques/data sources. 2. Data is like garbage. Youd better know what you are going to do with it before you collect it. ~ Mark Twain Based upon the above quote, examine the important role of DATA in business research . What are the major attributes of data and how it is changing? What are some weaknesses in data collection and analysis that need to be addressed by business research today

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!