Modern Business Operational Planning

Modern Business Operational Planning The business plan as a tool for operational planning.

Modern Business Operational Planning
Modern Business Operational Planning

According to the encyclopedia Structure (domi), a business is an organized economic activity geared towards the production of goods and services to
market. Nowadays, almost all of the products and services we enjoy comes from businesses, so there are many firms producing similar goods and compete
strongly with each other. In order for a business to survive within this competitive environment must operate under a detailed design – a strategy. The
business plan, assuming that is the encoding, fixes this design ? on paper." With a business plan we can describe the specific business to a third party,
usually donors, but we can also gather – encode our own thoughts and actions for our business. The business plan is not only to help present business to
third parties, but it is also an essential tool for developing the strategy of the same operator. In this work we see so often, how do I write a business
plan and the reasons that make it so useful to any modern business.
1. Is it useful for a company to have a business plan?
2. When it is necessary for a company to prepare and have a business plan?
3. What are the main reasons for a company to use a business plan?
Answering three simple core question for every business
? Where are we now?
? Where we want to be?
? How will manage to get there?

TLC Fashion Store Organization Module Project

TLC Fashion Store Organization Module Project Order Instructions: The purpose of this Module Project is to assess your ability to identify a relevant change driver impacting upon an organization with which you are familiar.

TLC Fashion Store Organization Module Project
TLC Fashion Store Organization Module Project

It will challenge you to

(1) devise a suitable change process that will appropriately respond to that change driver,

(2) identify the likely stakeholder reactions to the change process you advocate and

(3) describe how the existing organizational design might be amended to best accommodate the planned change.

TLC Fashion Store Organization Module Project Scenario

Your role in this project is to identify a specific change driver that you consider especially relevant to an organization of your choice and to apply the theoretical principles discussed in this module to the specification of an appropriate process that will successfully respond to the demands of that change driver. You are encouraged to use your own current employer, and its current operating environment, as a base for the preparation of this project. It is, however, permissible to use an alternative organization with which you are sufficiently familiar.

To prepare for this Module Project:

• Review the material studied during the course, ((All materials files are sent by email))

•Review the scenario and decide what organization you would like to use as the basis for your report. To ensure you can access all necessary information, use a company you know well or one for which you can get detailed information.

To complete this Module Project:

Prepare and submit an initial project proposal of approximately 550 words that addresses the following questions:

• What is the name of the organization you propose to use, where is it located, what is its primary business and approximately how many staff does it employ? (If there are any concerns about any aspect of commercial sensitivity, it is permissible to use an assumed name for the organization you select).

• Using the value creation-modus operand-value capture concept, what is the business model used by this organization? To what extent does this business model rely on the application of new technologies?

• What is the one change driver that is of particular relevance to this organization’s current situation?

• What significant change would you recommend the organization implement in order to address the identified change driver?

• Who are the key individuals and groups with legitimate stakeholder interest in the change process you recommend?

TLC Fashion Store Organization Module Project Sample Answer

ODC Project W3

The name of the organization is TLC Fashion Store; this is an assumed name. The company’s real name is not used since there are concerns with regard to some aspects of commercial sensitivity. In other words, an assumed name is used in order to protect the anonymity of the selected company, which is a fashion retail store. The store is situated in London’s Oxford Street. Its primary business is to sell high-end clothes, shoes, watches, women handbags, sunglasses, and jewelry. The retail store stocks products for men and women aged between 18 years to 34 years, who have an annual income of over £35,000. At the moment, the retailer has a workforce of 11 people.

Using the value creation-modus operand-value capture concept, it is determined that at the moment, the business model that TLC Fashion Store uses is a business model that involves selling its high-end fashion products only in-store; it does not allow online shopping. The store uses the conventional brick-and-mortar store whereby it relies on customers to enter the store, select a product, make a purchase, and exit. This model does not rely very much on the application of new technologies (Cavalcante 2014). It makes limited use of new technologies since the company’s only use of technologies is the fact that it has a website which it uses to advertise but not to sell its wide range of products.

The one change driver which is of particular relevance to TLC Fashion Store’s present situation is certainly the use of a multi-channel store whereby the retailer can combine both the brick-and-mortar store with online shopping. These days, consumers are very much empowered thanks to the proliferation of smartphones and other internet-enabled hand-held devices which have in fact shifted the power from retailers to shoppers (Overstreet 2013). Shoppers nowadays utilize their smartphones and other Internet-enabled hand-held devices to search online, shop and pay for products. As such, it is important that retailers adopt new technologies which would allow their shoppers to shop online, purchase a product online and pay online (Banks 2014). The significant change that I would recommend TLC Fashion Store to implement so as to address the identified change driver is to change and become a multi-channel retailer that not only has a physical brick-and-mortar store, but also has an online presence that allows consumers to shop online for its various products and pay online with the use of smartphones or other Internet-enabled hand-held devices.

In the recommended change process, the key groups and individuals who have a legitimate stakeholder interest include customers; the company’s top managers including the Chief Executive Officer, Chief Financial Officer, and Senior Marketing Manager; employees; and government regulatory agencies. Customers are a key group of stakeholders since most customers would like to shop for products online and pay online and TLC Fashion Store will greatly improve the shopping experience and convenience of its customers when it allows them to shop and pay online using their smartphones. TLC Fashion Store’s top managers are also a key stakeholder group since they make the decision to implement the change in the organization, they execute the change, and ensure that the change actually sticks by incorporating it in the company’s corporate culture (Mayfield 2014). Employees are key stakeholders since the change would be futile if they do not accept it. Therefore, it would be important that TLC Fashion Store’s senior managers convince the employees to accept the change by telling them about the benefits of the change to them, to customers, and to the company in general so that they do not resist it (Buchanan 2011). Government regulatory agencies are also a vital stakeholder group since the new website which allows online shopping and online payment will have to comply with relevant laws and regulations pertaining to online payment and online cash transactions or else it may not be approved by the authorities.

TLC Fashion Store Organization Module Project References

Banks, S 2014, Drivers of change: Retail industry in Australia. SIES Journal Of Management, 14, 1, pp. 3-8, Business Source Complete, EBSCOhost, viewed 26 August 2016.

Buchanan, DA 2011 Reflections: Good practice, not rocket science – understanding failures to change after extreme events. Journal of Change Management, 11(3): 273-288

Cavalcante, SA 2014, Designing business model change. International Journal of Innovation Management, 18(2): 1-20

Mawby, E 2011, How to succeed in the retail industry. Journal Of Business & Retail Management Research, 6, 2, pp. 1-12, Business Source Complete, EBSCOhost, viewed 26 August 2016.

Mayfield, P 2014, Engaging with stakeholders is critical when leading change. Industrial and Commercial Training, 46(2): 68 – 72

Overstreet, J 2013, What’s driving change in retail? Retail insiders on the evolution of the industry. Ekonomski Anali / Economic Annals, 54, 209, pp. 105-127, Business Source Complete, EBSCOhost, viewed 26 August 2016.

Just in Time Deliveries Manufacturing Company Demand

Just in Time Deliveries Manufacturing Company Demand Order Instructions: A supplier provides parts to a manufacturing company that demands JIT deliveries.

Just in Time Deliveries Manufacturing Company Demand
Just in Time Deliveries Manufacturing Company Demand

At the present time, it takes 6 hours to make a round-trip between the supplier’s warehouse and the customer, including loading, travel and unloading time. The lot size is 12 pallet loads on a truck, and the manufacturer uses 2 pallets per hour.

How many trucks are needed to ship the pallets to the manufacturer?
What is likely to happen if the trucks break down?
How can the supplier ensure that the customer does not run out of parts even in the face of delivery problems or other uncertainties?
What will happen if the manufacturer runs into trouble and shuts down for a period of 6 hours?
If unexpected overtime is required, how do you effectively communicate the need to your workforce?

Just in Time Deliveries Manufacturing Company Demand Sample Answer

Just in Time (JIT)

Name

Institution

Abstract

Addressing today’s increasing increasingly able environment; it is relatively important to have the ability to manage any potentially at risk shortages of the workforce and time waste reduction. This why, most manufacturers use JIT or Just in Time system to avoid any delay in production or delivery system. JIT is a managing operation that provides a lean and efficient workflow. Using this system, it allows a rapid transmission or flow of demand and a fast, and flexible production system which encourages minimize waste and increases quality production.

Following its origin and development in Japan, JIT became the used method or system for manufacturers in order to build a strong tie with the supply chain. This paper will provide further discussion about Just-in-Time system and its importance. Moreover, a given problem will be added in this paper which will provide a further understanding of how to use the method effectively and efficiently. Furthermore, the paper will also address the importance of effective communication to the workforce towards a quick and efficient flow of production.

Keywords: JIT, Just in Time, workforce

Just in Time (JIT)

Just In Time (JIT) is an inventory system that materials, sub-assemblies, and support items are provided on time or if needed. The philosophical management of JIT is a lean approach towards production that utilizes several tools to attain its overall objective.  JIT aims to change business conditions through just-in-time workforce – the ability to fast and efficient skills based on demand. Fundamentally, the JIT system is competitively time-based and relies on waste reduction, high-quality production, and high customer responsiveness. Using Just in Time (JIT) production system and its notable Kanban system will ensure a continuous supply of product or inventory (“Just In Time (JIT) Definition | Investopedia,” 2003; Mind Tools Editorial Team, 2016; WebFinance Inc, 2016)

Problem: A supplier provides parts to a manufacturing company that demands JIT deliveries. At the present time, it takes 6 hours to make a round-trip between the supplier’s warehouse and the customer, including loading, travel and unloading time. The lot size is 12 pallet loads on a truck, and the manufacturer uses 2 pallets per hour.

Question a: How many trucks are needed to ship the pallets to the manufacturer?

By using the formula; n= DT/C, wherein the number of the truck is required: 2(6)/12= 1 truck

Addressing the first question using the above formula and computation; 1 truck would be needed to deliver the pallets to the producer or manufacturer.

Question b: What is likely to happen if the trucks break down?

If the truck has a disruption, the possibility that the provider will not be able to transport the required pallets at the right time could happen. Thus, the need for one spare truck is significant to ensure the delivery.

 Question c: How can the supplier ensure that the customer does not run out of parts even in the face of delivery problems or other uncertainties?

If there is an emergency, the provider/supplier could demand to have an inventory for one-day safety stock at the client’s warehouse, using (2 pallets per hour) x (working hours). It will serve as a contingency plan towards unavoidable possibilities of a supplier plant shutdown or short-term shortages; freeway shut down due to accidents, and bad weather.

Question d: What will happen if the manufacturer runs into trouble and shuts down for a period of 6 hours?

If the manufacturer’s operation would be interrupted for about 6 hours, there would be a disturbance in the supplier delivery cycle. The supplier can declare delay to the customer when; a) If the truck is still at the supplier’s plant or hub; wherein, the supplier keeps the truck for six hours before shipping; b) When the truck or vehicle is on its way to the client’s plant or hub; in this scenario, the truck waits for six hours at the customer’s plant for unloading; and c) When the truck is on its way back; within this scenario, the truck has to wait for six hours for loading. Therefore, with the given situations, one delivery cycle will be missed.

Question e: If unexpected overtime is required, how do you effectively communicate the need to your workforce?

The most efficient approach to communicating with your employees/workforce about the need for overtime are: a) The employer or the management must determine why there is a need for overtime before requesting the staff to work over forty (40) hours during the week; b) Have a meeting with the employees if they can render overtime; c) Clarify and give an explanation why there is a need for overtime as well as the number of hours required to complete any task or project; d) Inform the staff about the added compensation for their overtime. And lastly, thank the workers in advance for devoting extra hours, because this will encourage for possible participation of the needed extra working time.

Just in Time Deliveries Manufacturing Company Demand References

Just In Time (JIT) Definition | Investopedia. (2003). Investopedia. Retrieved 23 August 2016, from

http://www.investopedia.com/terms/j/jit.asp

Increase Profits with a Production Planning Scheduler【Calculating the Amount of Just-In-Time

Inventory by Means of Mid-Term Scheduling】. (2016). Lean-manufacturing-japan.com. Retrieved 23 August 2016, from http://www.lean-manufacturing-japan.com/advanced-planning-scheduling/aps/jit-inventory-calculation.html

Mind Tools Editorial Team. (2016). Just in Time (JIT): Reducing Inventory, Minimizing Waste,

and Responding to Your Customers. Mindtools.com. Retrieved 23 August 2016, from https://www.mindtools.com/pages/article/newSTR_78.htm

WebFinance Inc, (2016). Just in Time (JIT) Inventory. Businessdictionary.com.

Retrieved 23 August 2016, from http://www.businessdictionary.com/definition/just-in-time-JIT-inventory.html

Strategic Use of Resources Assignment Paper

Strategic Use of Resources
Strategic Use of Resources

Strategic Use of Resources

Strategic Use of Resources

Order Instructions:

A company produces to a seasonal demand, with the forecast for the next 12 months as given below.

Month Demand
January 600
February700
March 800
April 700
May 600
June 500
July 600
August 700
September 800
October 900
November 700
December 600
The present labor force can produce 500 units per month. Each employee added can produce an additional 20 units per month and is paid $1000 per month. The cost of materials is $30 per unit. Overtime can be used at the usual premium of time and a half for labor up to a maximum of 10 percent per month. Inventory-carrying cost is $50 per unit per year. Changes in production level cost $100 per unit due to hiring, line changeover costs, and so forth. Assume 200 units of initial inventory. Extra capacity may be obtained by subcontracting at an additional cost of $15 per unit over and above the company’s producing them itself on regular time.

1-Provide a detailed cost breakdown for using a level vs. a chase strategy to meet the increased demand.
2-Which strategy do you recommend?
3-How much savings would result from the plan you recommend?

SAMPLE ANSWER

Strategic Use of Resources

Chase Strategy

Chase strategy on the other hand involves the idea of companies balancing production capacity and the demand from time to time.  This strategy can involve the hiring and firing of employees with changes in demand.  The strategy may result to unhappy employees due to the high rates of layoffs (Olhager, 2013).  However, many firms are able to save on costs since inventory can be held as low as possible.

From the given data, the cost breakdown when chase strategy has been used can be represented as below.

Month Demand Production No. of Extra hired workers Total cost arising from the added workforce (in $)
January 600 600 5 5,000
February 700 700 10 10,000
March 800 800 15 15,000
April 700 700 10 10,000
May 600 600 5 5,000
June 500 500 0 0
July 600 600 5 5,000
August 700 700 10 10,000
September 800 800 15 15,000
October 900 900 20 20,000
November 700 700 10 10,000
December 600 600 5 5,000
Totals 8,200 8,200 110 $ 110,000

When chase strategy will be used in this scenario, the demand of the products will coincide with the production level. This was due to the ability of the firm to hire new workforce that will ensure that there will be more production that meet the current demands of the consumers. Every extra employee can be able to produce 20 extra units every month. Since there will be 110 employees who would be required to fill the gaps, then a total of $ 110,000 would be needed to compensate them. Since there will be 110 employees, each producing 20 units in a month, there will be a total of 2,200 extra units that will be produced by the extra workforce. This would not be the case when the level strategy will be applied. It is an added advantage and profit for the firm.

Level Strategy

Level strategy in production involves the kind of plan that seeks to maintain a stable production rate or employment level. Companies must either lower or raise inventory levels as they seek to satisfy the demands emanating from the consumers (Olhager & Johansson, 2012).  When the demand is deemed to be low, the firm maintains a steady workforce and a constant rate of output. Through doing this, the firm will be able to achieve a higher inventory level than the amount that will be presently needed. Even when the rate of demand is increasing, the firm still will continue to maintain a steady rate of production and still be able to use the surplus from the inventory as a means of handling the increase in demand. One of the alternatives used by the level strategy is the use of backorder or backlog (Bevly et al., 2016).  In this case, the firm may promise to deliver the units or products at later stages when they will be readily available. The level strategy is usually used by firms that aim to meet their demands while at the same time maintaining their output. When this strategy is used several issues come up. For instance, there is always the cost of excess inventory, overtime costs, as well as the loss of goodwill from consumers.

Month Demand Production No. of Extra hired workers Total cost arising from the added workforce
January 600 700 (200 from inventory) 0 0
February 700 500 0 0
March 800 500 0 0
April 700 500 0 0
May 600 500 0 0
June 500 500 0 0
July 600 500 0 0
August 700 500 0 0
September 800 500 0 0
October 900 500 0 0
November 700 500 0 0
December 600 500 0 0
Totals 8,200 6,200 0 0

For the level strategy, the production and workforce are fixed.  Any extra units produces will be stored in the inventory awaiting the high season.  The demand was 8,200 while the firm would produce only 6,200 units. There is a deficit of 2,000 units which will be needed to satisfy consumer demands.  This is a massive loss in case this strategy was used. In case the company would have agreed to be flexible in their business activities, hiring workforce as well as increasing production would produce a positive change in the financial returns.

Conclusion

From the analysis, chase strategy seems more profitable than the level strategy. However, the concept of hiring and firing workforce seems unethical. From a firm’s perspective, though, the technique can be very valuable to produce grater profits than the level strategy. From an insightful perspective, a combination of the chase and the level strategy can be very effective in meeting organisational policies and goals. This can be termed as a hybrid or a mixed strategy approach. It can assist the firm to meet the required demand while at the same time lowering the costs as opposed to the use of pure chase or level strategies.

References

Bevly, D., Cao, X., Gordon, M., Ozbilgin, G., Kari, D., Nelson, B., & Redmill, K. (2016). Lane Change and Merge Maneuvers for Connected and Automated Vehicles: A Survey. IEEE Transactions on Intelligent Vehicles, 1(1), 105-120.

Olhager, J. (2013). Evolution of operations planning and control: from production to supply chains. International Journal of Production Research, 51(23-24), 6836-6843.

Olhager, J., & Johansson, P. (2012). Linking long-term capacity management for manufacturing and service operations. Journal of engineering and technology management, 29(1), 22-33.

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Glen Cooper Envisions Future for Business Organizations

Glen Cooper Envisions Future for Business Organizations Order Instructions: Glen Cooper’s comments, found in the video clip assigned to this week’s resources, offer a view of the future that is at the same time challenging and optimistic.

Glen Cooper Envisions Future for Business Organizations
Glen Cooper Envisions Future for Business Organizations

He paints a picture of a future for a business that is much more interpersonal in its character and much more strongly focused on the performance of individuals working in organizational teams. In fact, Cooper goes on to suggest that this may be the most saleable commodity in a future environment where many of our traditional products and services are available to consumers for free. That is an interesting proposition and one that represents a fairly major shift in strategy for many organizations.

In this essay, reflect on your own employing firm’s or other firms that you know well, the current ability to meet the types of challenges that Cooper talks about.

Glen Cooper Envisions Future for Business Organizations Sample Answer

 

ODC COLL W1

Glen Cooper envisions a future for business organizations that are interpersonal in character and focuses very much on the performance of employees working in teams within the company. This essay provides a detailed reflection and discussion on a certain company’s capacity to meet the kinds of challenges which have been talked about by Glen Cooper. The selected company is Apple.

Apple Inc is widely recognized across the globe and the world’s most innovative firm. Apple Inc has the ability to meet the challenges discussed by Glen Cooper since this firm strongly encourages effective team working and collaboration not just amongst employees, but also among the company’s top leaders (Chu 2014). This teamwork has partly contributed to Apple being a creative and innovative company. At this firm, it is all about collaboration, open-mindedness, and communication, in which employees are encouraged to express their ideas. The co-founder of this tech company, Steve Jobs, once pointed out that often, ad hoc meetings of about 6 individuals are arranged by a person who believes that she has discovered the latest coolest thing ever and who would like to find out what others at Apple think of her idea (Alsever, Hempel & Roberts 2014). Products at Apple are developed in a more integrated and collaborative fashion. In essence, this company pays remarkable attention to effective teamwork and group effort and is, in fact, proud of its internal communications, get-togethers, as well as the many interdisciplinary design reviews (Tkaczyk 2015).

Within the team works and group efforts at Apple, significant attention is also paid to the performance of individual team members. Teamwork at Apple, as Steve Jobs once stated, depends upon trusting the other people to come through with their part without those people being watched always. The firm is good at understanding how to divide things up into several effective teams and all work on a similar thing, share ideas and then bring it all together into a great Apple product (Tkaczyk 2015). This is consistent with Glen Cooper’s vision of a company that is interpersonal in character and significantly focuses on the performance of workers working in teams. At Apple, the performance of individual workers in teams is at all times high. The teams at Apple comprise goal-focused individuals who possess complementary skills and specialized expertise who work together, innovate and consistently produce high results (Bennet 2015).

Each team persistently pursues performance excellence through open communication, shared leadership, clear group operating rules and role expectations, shared goals, a strong sense of trust and accountability amongst team members, as well as early conflict resolution. Every individual at Apple works with others in order to attain something that is beyond his/her individual self-interests, resulting in high employee performance. Moreover, there is joint accountability as well as a proper understanding of team members’ roles not just to the team, but also to individual duties (Haas & Mortensen 2016). Each team member has an extensive skill set which complements other members of the team. There is also trust as well as interdependence amongst team members. Team members at Apple, therefore, tend to exhibit high performance. As such, Apple Inc is one great company with the capacity to effectively meet the kinds of challenges which have been talked about by Glen Cooper.

Glen Cooper Envisions Future for Business Organizations Conclusion

In conclusion, Glen Cooper imagines a future for business organizations that are interpersonal in character and focuses a lot on workers’ performance working in teams within the company. One company that has the ability to meet the sorts of challenges described by Glen Cooper is the tech company Apple Inc. This is because Apple is an organization that highly encourages teamwork and the performance of individual team members is at all times thanks to open communication, shared leadership, clear group operating rules and role expectations, as well as shared goals.

Glen Cooper Envisions Future for Business Organizations References

Alsever, J, Hempel, J, & Roberts, D 2014, ‘The New Teamwork’, Fortune, 169, 6, pp. 78-82, Business Source Complete, EBSCOhost, viewed 11 August 2016.

Bennett, 2015, ‘Teamwork isn’t torture’, Children’s Technology & Engineering, 20, 1, pp. 10-13, Professional Development Collection, EBSCOhost, viewed 11 August 2016.

Chu, J 2014, ‘A new season at APPLE. (cover story)’, Fast Company, 182, pp. 52-101, Business Source Complete, EBSCOhost, viewed 11 August 2016.

Haas, M, & Mortensen, M 2016, ‘The Secrets of Great Teamwork’, Harvard Business Review, 94, 6, pp. 70-76, Business Source Complete, EBSCOhost, viewed 11 August 2016.

Tkaczyk, C 2015, ‘The world’s most admired companies’, Fortune, 171, 3, pp. 97-104, Business Source Complete, EBSCOhost, viewed 11 August 2016.

Lefkowitz vs Great Minneapolis Surplus Store Inc

Lefkowitz vs Great Minneapolis Surplus Store Inc Order Instructions: Section I – Brief the following case:
LEFKOWITZ v. GREAT MINNEAPOLIS SURPLUS STORE, INC. 86 N.W.2d 689 (Minn. 1957). (one page)

Lefkowitz vs Great Minneapolis Surplus Store Inc
Lefkowitz vs Great Minneapolis Surplus Store Inc

Section II – Summary Critique Section II of this assignment you are to present a summary critique of the court ruling in the case.
Here, you are to discuss your opinion regarding the court’s decision. You may agree or disagree. Whatever your position on the case; be sure that you support your thoughts and ideas with adequate research as evidenced by in-text citation in accordance with APA standards.

Lefkowitz vs Great Minneapolis Surplus Store Inc Sample Answer

Section1

This case involves Lefkowitz v. Great Minneapolis Surplus Store, Inc. is a US contract case. In addition, it revolves around an offer and the invitation to treat.

Facts

This case is an appeal of the Minneapolis court rejecting Great Minneapolis Surplus Store’s motion to review the findings of the factor another trial. In this regards, Great Minneapolis Surplus Store, the defendant published ads in the newspaper about the sale of skin scarfs, lapin stole and fur coats.  According to the newspaper ads, products were to be sold based on the first come basis, available quantity or every product, and the price of each item. Mr. Lefkowitz, the plaintiff, was the first client to make the offer based on the advertisement terms. However, Great Minneapolis Surplus Store refused to sell the products to the plaintiff and indicated to him that based on the “house rules” and the offer targeted female customers. This was based on the fact that the plaintiff had the right to make his offer based on Great Minneapolis Surplus Store since he adhered to the advert terms while offering the stipulated selling price (Lefkowitz v Great Minneapolis Surplus Store, Inc 1957).

Lefkowitz vs Great Minneapolis Surplus Store Inc and the Judgment

The court determined that the newspaper ad cannot be considered as the offer laws; rather it counted as a type of unilateral pledge.  The court ruled in the plaintiff’s favor and he was compensated for the damages similar to those in the newspaper ad for lapin stole minus USD 1 selling price (Lefkowitz v. Great Minneapolis Surplus Store, Inc 1957). He has compensated a total of USD 138.50 due to a violation of contract. Additionally, the court denied the allegations on the fur coat, indicating that the price was extremely speculative while Great Minneapolis Surplus Store appealed.

Section 11

The court ruled that the newspaper ad could be an offer in certain circumstances, especially when the action required to accept it are clear, definite and leaves nothing to negotiate. Much as an offer can be changed, the defendant cannot stipulate new conditions such as “house rule” They were not indicated in the newspaper ads.  In addition, when buying and selling fall under an offer, its acceptance forms a contract as well as the obligation for the offeror to carry out. Nonetheless, acceptance can be carried out in any way and communicated via any channel, this is informed by common law directives concerning the acceptance of contracts for the effective sale of merchandise. Essentially, an obligation from the newspaper ad can be binding to the public as long as it is clear, definite and leaves no elements to negotiate (Mann & Roberts, 2015). While it was clear in the ad that respondents would be served based on the first come basis, Lefkowitz arrived in response to the ad, which indicates that he had accepted the offer. For that reason, Great Minneapolis Surplus Store had the obligation to sell the products in the ad to Lefkowitz.

Whereas the court’s determination is based on the fact that newspaper ad targets the larger public, they can be acceptable to any individual that meets the condition of an offer. Modification of an offer should be communicated to the offeree, however with a general offer; publicizing the cancelation is considered adequate revocation.

Moreover, the court determined Great Minneapolis Surplus Store sale of lapin fur was explicit, clear and definite. Again, the offer was altered based on house rule, and the defendant had the right to, but after acceptance, he does have any right to come up with new conditions not indicated in the advertised offer (Mann & Roberts, 2011). Moreover, where the merchandise differs based on quantity, they require further identification for the ad to be considered as an offer. In essence, important conditions of the offer were not used to address such errors. This could be due to the fact that the ad targeted the larger public, as such, there was no need for the court to infer conditions from previous transactions.  The court did not explain the manner in which house rule was applicable to the issues in the case. As a matter of act, the plaintiff adhered to all the conditions advertised in the offer, but when he went to purchase the merchandise he was told of house rule that indicated that the ad was meant for female customers.  The house rule could simply be inferred to other defendant’s offers. Additionally, the plaintiff fully understood that the second and had alterations that would make it unwarranted.  The lack of published changes before accepting the offer could be immaterial according to the plaintiff’s understanding of the changes (Jenkins, 2014).

While the court’s ruling was based on legal impact of the newspaper ad to sell goods, it was not an offer targeting a certain individual rather the general public.  Furthermore, the court’s determination was fair in stating that there was the conduct of the defendant and plaintiff an adequate mutuality of responsibility. Therefore, it can effectively be considered as a unilateral offer without consideration can be withdrawn at any time and with no notice. This offer can be withdrawn prior to acceptance because by nature many offers are unilaterally created by one of the parties of the contract, hence, the ruling made is unclear. The ruling rejected Lefkowitz’s claims for the cost of coats because it was not only speculative but also not certain, however, the only proof was of the price was the newspaper ad.  Owing to the fact that there would be a variety of goods within this product line, and because the fur type was not indicated, the items on offer were inadequately identified. Lefkowitz’s claim to the second and was permitted since there was no ambiguity with respect to cost, quantity, and identity among others. These forms of ads have been recognized as invitation for an offer of selling merchandise based on the stated conditions can either be accepted or rejected and thus they do become contracts till acceptable by the selling party; and till the contract is formed, a seller can alter or even cancel the cost or conditions (Jenkins, 2014).

Though the ruling that there was a genuine acceptance is unfounded, the determination that there an offer is sound (Mann & Roberts, 2015). Assuming that the ad’s conditions were uncertain such as quantity, cost or other important details it is a clear identification that the defendant was not interested in creating a contract. On the contrary, that ad had all the necessary details of the goods; therefore the court could have been free in finding an appropriate offer. This case may depict a liberal pattern on the court’s side in recognizing that a newspaper ad may be an offer. In most cases, such as are preferred by advertisers to attract buyers, without the obligation to perform.  Although the ad does not fall under an offer, the offeror can nonetheless run away from being bound and able to substantiate there some mistakes in the ad. But it worth noting that this is not a common issue.

Some courts consider newspaper ads as a genuine offer, and others see them as basically invitation to create offers. Nevertheless, they are not conflicting the formation is somewhat that these ads are meant to invite respondents into a bargain. Irrespective, the matter significantly depends on conditions states, as such, no element should be overlooked (Mann & Roberts, 2011).

By and large, the court’s decision was fair. This is because the defendant failed to indicate that the offer targeted women respondents. Instead, it indicated the number of items available and their selling price and on the first come basis.

Lefkowitz vs Great Minneapolis Surplus Store Inc References

Jenkins, S. H. (2014). Contract Resurrected: Contract Formation: Common Law-UCC-CISG.      NCJ Int’l L. & Com. Reg., 40, 245.

Lefkowitz v. Great Minneapolis Surplus Store, Inc (1957) Retrieved from             https://scholar.google.com/scholar_case?case=1365398257799813577&q=Lefkowit            z+v.+Great+Minneapolis+Surplus+Store,+Inc.,+86+N.W.2d+689&hl=en&as_s  dt=2006

Mann, R. A., & Roberts, B. S. (2011). Smith and Roberson’s business law. Cengage Learning.

Mann, R. A., & Roberts, B. S. (2015). Business law and the regulation of business. Nelson           Education.

Working toward Becoming a Socially Responsible

Working toward Becoming a Socially Responsible Order Instructions: Please read below for information concerning assignment. Support responses with examples and use APA formatting in the paper.

Working toward Becoming a Socially Responsible
Working toward Becoming a Socially Responsible

You may access the school’s website by logging into:
https://mycampus.southuniversity.edu/portal/server.pt

Please note that when you log into the website you must click launch class, and on the next screen click syllabus to view this week’s readings (week 3) and Academic Resources to access the school’s library.

To support work, use the course and text readings and also use outside sources. As in all assignments, cite your sources in your work and provide references for the citations in APA format.

Identifying a Social Cause for Final Project: Working toward Becoming a Socially Responsible Company Part II

Last week, you completed the strengths, weaknesses, opportunities, and threats (SWOT) analysis for your company. Hopefully, you have begun researching potential social causes, issues, or nonprofits for your company to adopt. As you consider your options, evaluate whether the alternatives you come across fit with your company’s mission, vision, and ethical framework, as well as any existing social responsibility efforts. Finally, select the new cause that will build upon your company’s strengths. Will selecting this cause support the responsibility owed to your stockholders and stakeholders?

Deliverable:

In a 5- to 7-page Microsoft Word document, present and analyze your top three to four social causes and explain why your social cause or issue is a good match with your chosen corporation for creating a corporate social responsibility (CSR) campaign. You will want to be sure that you cover the following items in your report:

• Evaluate how each of your top three to four social causes does or do not meet your company’s mission, vision, and ethical framework, as well as, any on-going social responsibility efforts.
• Discuss how Stockholder Theory and Stakeholder Theory impacted your final selection (based upon your Week 1 reading/lectures)
• Consider which personal ethical framework impacted your final selection and how it impacted your selection(based upon your Week 2 reading/lectures)
• Discuss the internal and the external ethical impacts of your selection (based upon your Week 3 reading/lectures)
• Explain why the social cause you chose is a good fit with your corporation.

Be certain to provide appropriate citations from your reading/research. Also be sure to review the expanded rubric for details on achieving full points.

Working toward Becoming a Socially Responsible Company Part II SAMPLE ANSWER

Working toward Becoming a Socially Responsible Company Part II

Working toward Becoming a Socially Responsible Introduction

As established, General Motor’s Ltd remains one of the omnipresent entities in the U.S that is overall to the economy of the nation.  The company engages in corporate philanthropy for a variety of reasons. In this case, it is essential to establish that corporate social responsibility (CSR) infers to business practices that are directed toward developing initiatives that benefit society (Chernev& Blair, 2015). General Motor’s approach in developing its corporate social responsibility is aimed at caring about the interests of stakeholders, an aspect that has seen the entity make several efforts apart from making profits alone.

This paper seeks to establish General Motor’s corporate social responsibility and the manner in which this relates to the company’s mission and vision. In addition to this, the paper will evaluate how the stakeholder theory impacted the final selection of the company’s involvement in CSR, and review the organization’s personal ethical framework. Lastly, the paper will discuss General Motor’s internal and external ethical impacts of the selected activities and establish the rationale for the chosen causes being a good fit for the company.

General Motor’s Corporate Social Responsibility

Corporate Social Responsibility (CSR) is currently an increasing element within the corporate world. The first impression that people have towards an organization is that several businesses take advantage of their customers and the society, thus alluding to the perception that businesses are only focused on making profits and care less about the environment, society, and human rights (Chernev& Blair, 2015). However, companies that incorporate the element of CSR are bound to boost their reputation in the market, an aspect that increases their brand awareness. In this case, a company stands out as compared to others in the same market even when they share some peculiar similarities such as product quality and price.  As a result of this, the sales of an organization increase since consumers choose an organization that is concerned with issues that revolve around their lives.

Secondly, it is important to establish that the inclusion of CSR in an organization reduces their operating costs. Some entities that are good in corporate citizenship derive their efforts towards environmental issues. These companies aid in the protection of the environment by reducing reuse and recycling within the environment (Habel, Schons, Alavi, & Wieseke, 2016). The organizations additionally undertake measures that are aimed at educating employees to care more about the environment, thus decreasing their operational costs over the long run since the companies save energy, water, and other overhead expenses. General Motor’s Corporate Social Responsibility includes:

  1. Philanthropic Work

In consideration of General Motor’s mission statement that is aimed at directing the company’s commitment towards delivering outstanding cars that give the buyers a positive ownership experience, the company initiated a sports management strategy as an effective component in its CSR activities. General Motor’s vision is to be one of the global leaders in the manufacturing of transport products and other related services (Habel, et.al.2016). The element of sports management remains an integral aspect that incorporates social benefits to different societies. The influence of sports in this contemporary culture continues to grow since it has the capacity to mobilize and attract the society through its inbuilt values such as teamwork, the adherence to rules, and respect for opponents.

On the other hand, sporting events also increase and improve the quality of life, thus promoting peace within the society and bringing people from different cultural backgrounds together. In this case, it is essential to ascertain that sports create a social and economic bridge between individuals within the society, thus integrating both the economic, physical and social values while teaching the society life lessons (Habel, et.al.2016). It is, however, essential to establish that General Motor’s sports management activities are not in compliance with the organization’s mission, vision, and ethics policy that is enshrined on creating lifelong consumers through continual improvements on its products.

  1. Environmental Programs:

Currently, several organizations are determined to focus on their own carbon emission footprints and establish approaches of reducing these harmful emissions in the environment. General Motor’s being a car manufacturing entity has developed effective approaches to becoming sustainable within the environment by having minimum impact on the environment (Hsieh, 2015). In achieving this element, the organization embarked on a mission of manufacturing vehicles that use electricity rather than petrol. On the other hand, General Motor’s is required by law to report on their emissions of gases, thus seeking to work towards developing a low carbon society.

Additionally, the company also emphasizes the need of a recycle-based society and a society that harmonizes with nature. In order to achieve this, the company draws focus on how its business functions impact the environment during the process of production and sales of its products (Hsieh, 2015). This has seen the company clearly establish everything from the design phase all through top the sales and recycle of its products when they are not useful. It is consequently essential to establish that General Motor’s company environmental programs are in adherence to its mission, vision and ethical policies that are aimed at directing the company’s commitment towards delivering outstanding cars that give the buyers a positive ownership experience.

  1. Human Rights

It is additionally essential to establish that globalization in the manufacturing industry has placed organizations in a position of taking consideration of human rights. In consideration of this, it is essential to ascertain that General Motor’s in its approach to assembling products domestically for its manufacturing process from other overseas nations undertook measures aimed at ensuring that lax safety conditions and child labor issues are addressed (Hsieh, 2015). As a result of this, the company arrived at a conclusion of not purchasing its manufacturing products from overseas manufacturers who employ children and also initiate unsafe working conditions, an aspect that determines the company’s corporate social responsibility. This element is in compliance with the company’s ethical policies but fails to align with the company’s mission and vision.

Working toward Becoming a Socially Responsible and Stockholder Theory Impact on the Selected Approaches

The stakeholder theory is primarily based on the ideology that beyond the stakeholders of an organization, there are other agents who have an interest in the decisions and actions of an organization (Mishra & Modi, 2016).

are groups of individuals within an organization who either benefit or are harmed by the decisions of an organization. Stakeholders include employees, creditors, customers, the community and suppliers.

The theory, therefore, led to the selection of General Motor’s corporate social responsibility activities. This is in consideration of the fact that companies are required to have a corporate social responsibility that requires them to take consideration and interests on all the individuals and parties that are affected by their actions (Mishra & Modi, 2016). In this case, the management should not only consider the decisions of the stakeholders but everyone affected by the organization’s decisions. In contrast to the classical theory, the stakeholder view purports that the goal of an organization is directed towards flourishing its functions and that of its principal stakeholders.

Personal Ethical Frameworks That Impacted the Selection

It is important to detail that some of the key attributes defining the character and the turn to values within an organization takes consideration of ethical frameworks. Ethics, therefore, plays a significant role in reflecting what the company stands for as compared to what several companies’ advocate for (Mishra & Modi, 2016). The development of social responsibility programs in GM is primarily based on an ethical element that constitutes the company’s objectives, values, and goals that are considered as just and morally sound in guiding the functions of the company.

This element will be effective in cutting down on the company’s expenses that are incurred on its public and legal relations, supplier and customer disappointments and stakeholder rejections within the company (Zlatanović, 2015). The development of GM’s corporate social responsibility has the capacity would enable the company to pursue strategies that would result in its sustainability of ecological and social responsibility practices. In this case, the selection of General Motor’s CSR activities was initiated on a personalized ethical framework that included:

  1. Developing a society that is caring towards others and self.
  2. Initiating a sense of competency and control within the community.
  3. Developing a society that recognizes and accepts individuals from different cultures.
  4. Taking cognizance of basic human rights of others and self.

Social Cause Chosen as a Good Fit for General Motors

The social causes chosen for General Motor’s remain a good fit for the company since they are developed to help the company bridge the gaps that stand within the society that may hinder its attainment of competitive advantage. As a result of this, the company’s reputation is increased through its CSR activities (Mishra & Modi, 2016). For General Motor’s, there is a need to ensure that its CSR programs achieve its missions in order to run its business functions ethically, an aspect that will result in the minimization of negative environmental impacts, increase employees job satisfaction, and raise the public’s attention on some of the issues the organization attempts to address.

Conclusion

As detailed in this paper, the element of Corporate Social Responsibility (CSR) is an increasing element within the corporate world. The first impression that people have towards an organization is that several businesses take advantage of their customers and the society, thus alluding to the perception that businesses are only focused on making profits and care less about the environment, society, and human rights.

Working toward Becoming a Socially Responsible References

Chernev, A., & Blair, S. (2015). Doing Well by Doing Good: The Benevolent Halo of Corporate Social Responsibility. Journal Of Consumer Research, 41(6), 1412-1425. doi:10.1086/680089. Retrieved From: http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=101453924&site=ehost-live

Habel, J., Schons, L. M., Alavi, S., & Wieseke, J. (2016). Warm Glow or Extra Charge? The Ambivalent Effect of Corporate Social Responsibility Activities on Customers’ Perceived Price Fairness. Journal Of Marketing, 80(1), 84-105. doi:10.1509/jm.14.0389. Retrived From: http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=112613179&site=ehost-live

Hsieh, N. (2015). The Social Contract Model of Corporate Purpose and Responsibility. Business Ethics Quarterly, 25(4), 433-460. doi:10.1017/beq.2016.1. Retrieved From: http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=112956284&site=ehost-live

Mishra, S., & Modi, S. B. (2016). Corporate Social Responsibility and Shareholder Wealth: The Role of Marketing Capability. Journal Of Marketing, 80(1), 26-46. doi:10.1509/jm.15.0013. Retrived From: http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=112613176&site=ehost-live

Should America Fire Ronald McDonald

Should America Fire Ronald McDonald Order Instructions: Please read below for information concerning assignment. Support responses with examples and use APA formatting in the paper. You may access the school’s website by logging into:

https://mycampus.southuniversity.edu/portal/server.pt

Should America Fire Ronald McDonald
Should America Fire Ronald McDonald

Please note that when you log into the website you must click launch class, and on the next screen click syllabus to view this week’s readings (week 1) and Academic Resources to access the school’s library.
To support work, use the course and text readings and also use outside sources. As in all assignments, cite your sources in your work and provide references for the citations in APA format.

Should America Fire Ronald McDonald?

There are ethical issues and potential ramifications to consider in marketing when unhealthy products (or those that would be unhealthy when consumed in excess) are sold. Examples could include some of the advertising used for sodas and sugary drinks, alcoholic beverages, tobacco products, and high-calorie “junk food.” A particularly sensitive topic is the issue of marketing to children. Think about how perceptions of “healthy,” what business practices are socially acceptable, and where responsibilities lie have changed over time. Several very good articles on this subject have been identified for you in the South University Online Library and are listed below. Review those and conduct your own research on this topic. Then respond to the following:
• Ronald McDonald has been a staple in advertising McDonald’s fast-food restaurants since the 1960s. What ethical issues do you see in using Ronald McDonald or McDonald’s new mascot, Happy, to market to children?
• Is it ethical to use either Ronald or Happy in McDonald’s charitable efforts? What issues concern you?
• Should McDonald’s and other food sellers do more to make their menus healthy?
• What changes do you think should be made to try and resolve some of these issues, and how would you go about implementing them?
Be sure to cite appropriately from your reading/research in your post and responses. As you respond to your peers, debate the resolution of ethical dilemmas based upon your reading, research, and experience; consider the issues from multiple perspectives and the problems that can arise when trying to resolve these issues.

You may use these references as you begin researching this assignment:

• Baker, A., & Vitell, S. J. (2010). The ethics of food advertising targeted
toward children: Parental viewpoint. Journal of Business Ethics,
91(2), 299–311. doi:http://dx.doi.org/10.1007/s10551-009-0084-
2
• Beaubien, G. (2011). Ronald McDonald’s role reduced in image revamp.
Public Relations Strategist, 17(1), 27.

From the South University Online Library, use the following references:

• Hansen, D. (2006, June 5). Ronald McDonald fronts 2010 Olympic fitness
pitch. The Vancouver Sun.
• McDonald’s gives Ronald makeover for the healthier image. (2005, June 10).
Kamloops Daily News.
McDonald’s introduces new mission and image for Ronald McDonald.
(2014). Food and Beverage Close-Up.

Should America Fire Ronald McDonald Sample Answer

Should America Fire Ronald McDonald?

This essay responds to a variety of issues concerning Ronald McDonald. It examines the ethical issues that this writer sees in the use of McDonald’s new mascot to market to children. It also assesses whether it is ethical to use either Roland McDonald or the mascot in McDonald’s charity efforts and identifies the issues that are of interest on the matter. This response also answers the question of whether McDonald’s and other food sellers should do more to make their menus healthy. The changes that should be made in attempts to resolve some of these issues and how I would go about implementing them are also discussed.

The ethical issues on the use of McDonald’s new mascot, Happy, to market to children are that advertising to children makes it difficult to make the right choices for healthy foods. The use of the mascot to advertise to children makes them form unhealthy opinions about food items because as a result of their lack of exposure they are susceptible to different forms of influence (Bakil and Vitell, 2009).

It is not ethical to use either McDonald or the mascot in McDonald’s charity efforts. The reasons behind this are that advertising to children promotes unhealthy worldviews such as materialism, consumerism as well as provides misleading information. The gains that would be achieved by offering charity would be eroded by the negative consequences of children consuming unhealthy foods that could expose them to health problems such as obesity (Bakil and Vitell). Other issues that are of interest in the matter are the long-term effects of destructive ads and the economic costs of lifestyles that are motivated by advertising campaigns.

McDonald’s and other food sellers should do more to make their menus healthy. Healthy menus would be beneficial to children because they help them to have strong bones, have a healthy weight, stay active, and concentrate at school (Nutritionist Resource, 2016).

The changes that should be implemented in trying to resolve some of these issues are promoting healthy eating among children and restricting the access of certain ads from children. The way in which I would go about implementing them is through detailed explanations to children on why they should make the right diet choices and regulating their access to media outlets that promote unhealthy foods.

In conclusion, it is evident from this essay that food selling business is a complex undertaking. The ethical issues identified and discussed in this essay demonstrate that skill is required in the running of food selling enterprises especially regarding marketing.

Should America Fire Ronald McDonald References

Bakir, A., & Vitell, S. J. (2010). The ethics of food advertising targeted toward children: Parental

viewpoint. Journal of Business Ethics, 91(2), 299-311. doi:http://dx.doi.org/10.1007/

s10551-009-0084-2

Healthy Eating for Kids. (2016). Nutritionist Resource. Retrieved from http://www.nutritionist-

resource.org.uk/content/healthy-eating-for-kids.html

Values Affecting Business Behavior

Values Affecting Business Behavior Order Instructions: Kindly note .. DUMMY ORDER FOR – 114424 Topic: Values Affecting Business Behavior

Values Affecting Business Behavior Sample Answer

Values Affecting Business Behavior

Introduction

Sometimes even the individuals with high moral values make decisions which are ethically questionable in a business setting.

Values Affecting Business Behavior
Values Affecting Business Behavior

There are many factors which influence people’s inclination to make ethical or unethical decisions in the firm including personal, social and opportunity parameters (Pride, Hughes & Kapoor, 2014). The knowledge one has about an issue dictates how the individual makes decisions. The personal moral values an individual has also influence the business behavior. Most people join business organizations with the intention of accomplishing their personal goals. Cultural norms also dictate a person’s behavior in the workplace. The paper herein discusses how ethics could influence an employer to disclose the boss’s actions of receiving bribes from bandits to legal action.

Values Affecting Business Behavior Choices

To determine what the junior employee could have done before the boss’s explanation of the envelope, one has to consider many factors. The employee’s actions or thoughts result from knowledge of the issue happening, the personal values, and the culture in the purchasing department, among others (Pride, Hughes & Kapoor, 2014). Apparently, the boss, having spent fifteen years in the office, knows better how the organization thrives in society. He may be receiving bribes because it is the company’s culture. However, because the boss is corrupt, the employee should have reported him.

Reporting the boss to the human resources could have made the employee receive credit such as a job promotion thus satisfying personal goals. Also, the employee could have kept silent because accepting bribes is their tradition (Pride, Hughes & Kapoor, 2014). Therefore, the choices could have been both internalized and externalized.

Values Affecting Business Behavior and Impact of Response

The reaction from the boss that this was the company’s tradition could make the junior employee keep silent over the matter. Cultural factors are paramount in ethical decision-making (Pride, Hughes & Kapoor, 2014).

Values Affecting Business Behavior and Teaching Ethics

Teaching ethics in institutions is critical. Already, many schools are offering ethics as a course. On-the-can ethics would shape people’s minds on approaching ethical decision-making in business organizations by taking all the three factors into consideration (Pride, Hughes & Kapoor, 2014).

Values Affecting Business Behavior Reference

Top of Form

Pride, W. M., Hughes, R. J., & Kapoor, J. R. (2014). Business. S.l.: South-Western Cengage Learning.

Business School for a Masters of Business Administration

Business School for a Masters of Business Administration Order Instructions: Please see below feedback on my outlined proposal to allow me to continue the second half of my proposal.

SUPERVISOR’S FEEDBACK: This has the potential to become a very useful piece of research. The research ought to have been expanded to include:

Business School for a Masters of Business Administration
Business School for a Masters of Business Administration

1 To conduct an external environmental scan to determine the competitive situation [PESTEL and Porter’s diamond or similar]

2 To analyze relevant Governmental policies to determine their impact on the sector.

3. To analyze relevant literature

4. To conduct research and analyze findings

5. To make recommendations etc.

When considering the marketing of services it is recommended that you expand upon the 4Ps to include:

5. People ~ Much of how customers rate the service experience hinges on the person delivering it. Professionalism and courtesy go a long way in any service business. Other attributes become critical depending on what services are being offered — discretion in a psychiatric practice or tact in funeral services, for instance.

6. Process ~ this is the standard operating procedure in delivering the service. Depending upon the situation and location, luxury hotels may require employees to smile, nod, bow, shake hands or otherwise greet guests.

7. Positioning ~ Where the company wants to fit in its industry will determine its marketing positioning strategy. This is determined in large part by which generic business strategy the firm employs. It may determine low costs will be its path to profitability. Or it may decide to pursue differentiation, embedding distinctive benefits into its service. Cost leadership strategies are evident in the company’s promotional materials, physical environment and price.

8. Performance ~ Sometimes called productivity, performance examines how well a company’s services compete in the marketplace. This may include how consistent the service is and how well its features translate into benefits as it is being delivered. A carpet cleaning service may employ state-of-the-art equipment but have trouble attracting repeat customers. The performance also considers how to measure the company’s financial goals and whether they are being achieved.

Your research methodology was basically sound however it is hoped that you will critique the alternative methods available.

Ethical considerations require expansion to include the use of questionnaires and issues pertaining to anonymity or the right of respondents not to participate.

ATTACHED IS THE SECOND PART OF MY PROPOSAL

Business School for a Masters of Business Administration Sample Answer

A Dissertation Proposal Presented to the Business School for a Masters of Business Administration (MBA) in Sales and Marketing

Institution

October 2016

Table of Contents

1.0 Introduction. 4

1.1 Research Aim: 5

1.2 Research Objectives: 5

1.3 Research Questions: 5

2.0 Literature Review.. 6

2.1 Four PCs. 6

2.2 Internet Marketing. 8

2.3 Mobile Commerce. 9

2.4 Social Media…………………………………………………………………………………9

2.5 An external environmental scan to determine the competitive situation of the retail sector….10

2.5.1 PESTLE Analysis of retail store…………………………………………………………10

2.5.1.1 Political factors…………………………………………………………………………10

2.5.1.2 Economic factors………………………………………………………………………10

2.5.1.3 Social factors…………………………………………………………………………..10

2.5.1.4 Technological factors………………………………………………………………….11

2.5.1.5 Environmental factors…………………………………………………………………11

2.5.1.6 Legal factors……………………………………………………………………………12

2.5.2 Porter’s Five Forces………………………………………………………………………12

2.6 Impact of Government policy on retail sector 13

3.0 Methodology. 15

3.1 Research Philosophy. 15

3.2 Qualitative and Quantitative Approaches…………………………………………………15

3.3 Methods of Data Collection……………………………………………………………….16

3.3.1 Secondary Data………………………………………………………………………………………….. 16

3.3.2 Primary Data……………………………………………………………………….16

3.3.2.1 Questionnaires……………………………………………………………16

3.3.2.1.1 Pros and Cons of Questionnaires………………………………17

3.4 Sampling…………………………………………………………………………………..17

3.5 Reliability and Validity……………………………………………………………………18

3.6 Ethical issues. 18

4.0 To Conduct Research and Analyze Findings…………………………………………………19

5.0 Recommendations……………………………………………………………………………20

6.0 Research Plan…………………………………………………………………………………21

7.0 References……………………………………………………………………………………23

1.0 Introduction

Retailing marketing is the practice of promoting awareness and attention of goods and services to make sales from their clientage. If you are operating a retail business, you need to hold on to customers and follow religiously the four Ps. This is because the principle of 4 Ps helps business owners to know the main foundation of a successful business, with an emphasis of the four Ps that stand for product, price, place, promotion (Ahmed, 2014). Moreover, apart from the imperative role played by the 4 Ps aforementioned above in the strategic positioning of business, when considering the marketing of services, the recommended expansion of the primary 4 Ps should include: people, process, positioning, and performance. Furthermore, notice that customer is the most important person in your business. He holds the key to every successful retail business. Therefore, the business should revolve around the customer (Longfield et al., 2016).

The business needs to know the customer and focus on the customer, to grow your business. Thus, businesses should concentrate on customer service from the first day and keep and take care of that tradition as the business grows. To do this, people need to work together as a team and develop a customer caring culture to do success. A business has to also notice that retail is detail. They should find areas that they need to perfect in detail and focus on improving through a proper understanding of their customers. As a result, in order to achieve this fete, businesses should embark on harnessing the potential inherent in social media marketing that has been attributed to tremendous technological advancements in areas of internet marketing, mobile commerce, and social media. Embracing these digital marketing strategies in collaboration with sales and marketing principles and concepts including appropriate marketing or promotional planning and strategic positioning to achieve a competitive edge in the marketplace can significantly increase sales (Kotler, 2012). This means that optimal marketing potential can be achieved by retail stores in the Caribbean through a balanced mix of sales and marketing models including 4 Ps, Porter’s Five Forces, and PESTEL Analysis in order to succinctly understand the market and competitively deliver products and services to already existing and potential customers. The paper seeks to understand how social media marketing can enhance sales in retail stores in the Caribbean.

1.1  Research Aim

The aim of this study is to investigate how social media marketing can enhance sales in retail stores in the Caribbean.

1.2  Research Objectives

  1. To evaluate the effect of social media on increasing sales in retail stores in the
  2. To determine whether or not social media is the best approach for enhancing sales in the retail business in the
  3. To assess the attitudes and perceptions of customers towards social media marketing by retail stores in the Caribbean.
  4. To identify factors that influence the number of customers reached by owners of retail stores in the Caribbean through social media marketing.

1.3  Research Questions

  1. How effective is social media in modern marketing?
  2. Is social media the best strategy for increasing sales in the retail business in the Caribbean?
  3. What are the attitudes and perceptions of customers towards social media marketing by retail stores in the Caribbean?
  4. What are the factors that influence the number of customers reached by owners of retail stores in the Caribbean through social media marketing?

2.0 Literature Review Business School for a Masters of Business Administration

 

Customer focus is a crucial part of any thriving business. That focus has to be part of any business. Successful businesses have grown their businesses through defined customer-focused culture. Direct bank and Virgin Atlantic are greater examples of businesses that have done that and they have immensely succeeded (Ahmed, 2014). They are both known for delivering defined and distinct customer experience. Therefore, businesses should concentrate on customer service from the first day and keep and take care of that tradition as the business grows.

To do this, people need to work together as a team and develop a customer caring culture to do success. A business has to also notice that retail is detail. They should find areas that they need to perfect in detail and focus on improving through a proper understanding of their customers. They should focus on those details and aspire to make the details right, learn from mistakes and do not repeat those mistakes, mistakes are okay, but too many mistakes will turn the customers away, understanding those mistakes is key to mastering retail business (Kotler, 2012).

2.1 Four PCs

Businesses should also understand the 4 Ps. This principle helps business owners to know the main foundation of a successful business; the four Ps: product, price, place, promotion (Ahmed, 2014). Moreover, apart from the core 4 Ps aforementioned above that play a fundamental role in the strategic positioning of goods and services during marketing or promotion planning. As a result, when considering the marketing of services, the recommended expansion of the primary 4 Ps should include people, process, positioning, and performance (Kotler, 2012).

  • Product: the products required should be those that customers need to buy, in a good range, satisfy needs and desires of customers and deliver profits to the business.
  • Price: the price should be steady, and meet all necessities of the business. The price should be reasonable to enable your customers to buy your products and help them get the value from your products.
  • Place: you have to offer somewhere where your customers will buy your goods either online or a physical store.
  • Promotion: this involves informing the customers to know that you and your products exist and are obtainable for them to buy. This is very imperative, especially for the Caribbean retail stores where there is high competition since customers will tend to go to retail stores that combine high-quality goods and services with aggressive promotion (Yadav, Joshi & Rahman, 2015).
  • People: this entails the degree at which clients rate service experience, which is often based on the person of people delivering it. Professionalism and courtesy are very important in any business delivering services. In addition, other business attributes become imperative depending on the services provided, and the sensitivity of the business (O’Cass, Heirat & Ngo, 2014).
  • Process denotes the standard followed in providing services, and it involves the standardized procedures of operations that should be adhered to when delivering the services mainly depending upon the situation and location.
  • Positioning; this is a fundamental marketing strategy where a company has to define its positioning approach in order to effectively fit in its industry. According to Hosea (2011), to a significant extent, this is determined by the generic business strategy employed by the firm employs, and in most cases, it depends on the standard business approach used by an organization. A company can either use low prices to remain profitable or differentiation to integrate unique elements in its operations. Alternatively, Kaplan (2012) asserts that cost leadership strategies can play a significant role in ensuring that the products and services offered by Caribbean retail stores remain competitive in the market, especially when appropriately combined with an effective physical location or environment.
  • Performance; this is at times referred to as productivity, and plays an important role in determining how a firm’s products or services compete in the marketplace. It involves the consistency of service delivery as well as efficiency of the translation of inherent features into customer benefits.

To give the best customer service, understanding and knowing your customer is paramount. Then learning to deliver more than what the customer expect by going an extra mile, each delivering a little more than what they expect (Kotler, 2012). Doing this each time will win them and make them loyal for a long period. The location is critical to any business success and it has an important impact on your success. The right place impacts your brand and product strategies.

2.2 Internet Marketing Business School for a Masters of Business Administration

The internet is opening up the world of non-geographic retail especially with the coming mobile commerce. To boost sales the business should focus on the following. With analytics and data metrics, a business can easily track initiated marketing campaigns; set goals and mechanisms to track those goals and do a repeat marketing. Research shows that repeat marketing sells. Do customers follow-up and develop a reward program. This encourages repeat customers. Become a resource by engaging with customers and helping them. Training staff to make sales is also an important reason for success. This helps keep customers loyal since staff are knowledgeable about products and offer the right information required by customers. Develop a target customer and build customer relationship through personal interaction in a bid to develop a long-lasting relationship.

2.3 Mobile Commerce Business School for a Masters of Business Administration

Research shows that information technology plays a pivotal role when it comes to increasing business sales.  With a website that is also mobile friendly, consumers can easily have access not just to the latest brands and designs, but also product reviews that enable them to make critical decisions. According to Longfield et al. (2016), IPhone APPs have changed the way shopping is conducted. Mobile computing presents an edge to the company because, apart from communication, consumers can make purchases through mobile phones.

2.4 Social Media Business School for a Masters of Business Administration

According to Longfield et al. (2016), the prompt development and adoption of social media marketing through platforms such as Twitter, Facebook, and Instagram among others have enabled companies to capture a certain niche of clients. However, companies are also expected to have a glimpse of what is happening on social media platforms to devise the best tactics of marketing their wares. In particular, business should project a good name.

2.5 An external environmental scan to determine the competitive situation of retail sector

2.5.1 PESTLE analysis of rthe etail sector     

Pestle analysis is important when it comes to understanding opportunities.

2.5.1.1 Political factors

Government imposes different regulations for conducting any business venture. Political landscape in any given nation can influence operations and sales in the market. In addition, there are certain trends in retail industry that rely on various national programs that the government integrates in its political activities. Government policies on retailing business, such as environmental laws, interest rates, foreign exchange, and political stability affect the operations of retail industry.

  • Economic factors

A stable economic state of a nation implies the stability of retail sectors. This is becausethe retail industry significantly relies on   efficient supply chain. With proper policies on retail commodities, the economic system of a country will significantly influence not only the supply but also the demand of retail commodities. The integration of political will and stable economic state are vital for effective supply of retail commodities. The economic condition has a huge effect on retail sector. Retail stores are greatly impacted by economic stability, inflation, purchasing behavior and fluctuation in foreign exchange.

2.5.1.3 Social factors on Business School for a Masters of Business Administration

Social changes have contributed to different patterns in purchasing for retail commodities. Currently, customers have varying demands as well as preferences. Moreover, customers are more aware of the varying conditions of retail sector. Clients also prefer branded commodities and want subsidized costs. At the moment, retail products are packaged, an aspect that is regarded as safe and health for use.  Nevertheless, there are various factors including income, demography, age, which directly affect this sector. Following the increased growth of knowledgeable customers, social understanding, and attitude have led to many transformations while shifting their purchasing patterns. As such, retail industry has transformed and currently retail items are accessible not just in strong but also excellent packaging that has elongated their shelf life.

2.5.1.4 Technological factors

The remarkable development of technology has transformed the way in which business activities are conducted. Integration of technology in retail sector has increased. Current technology is used in retail sector to make orders through online platforms.  Technology has also helped retail sector to package items while ensuring safety and health of clients. Furthermore, technology has been instrumental in connecting buyers to retail stores, something that has increased their presence and outreach.

2.5.1.5 Environment factors

In retail sector different sources of energy are used while ensuring that they are friendly to the environment.  Items offered in retail stores are designed and manufactured in environments, which are influenced by climatic changes. Different governments have imposed regulations against the use of certain chemicals to preserve goods. This is because they are believed to lead to different sicknesses or conditions to the environment and the public. Retail sector must adhere to environmental laws in order to ensure the safety of consumers and workers.

2.5.1.6 Legal factors

A number of legal elements have influenced the operations of the retail sector in the Caribbean. For instance, governments have introduced different laws to monitor unlawful trafficking of commodities. However, this move can lead to scarcity of certain items leading price increase. Other factors that influence retail industry include consumer laws, and employees, environmental law among others.

2.5.2 Porter’s five forces

New entrants; ten years ago, the number of independent retailers has been declining.  A number of retail stores operate as chain. Much as the threat of venturing in retail business is low, establishing effective suppliers, competitiveness and leases is challenging. Since chain stores are vertically based and centralize purchasing system presents them competitiveness in comparison to independent retail owners. New entrant in any given industry largely relies on the structure. For instance, in the retail sector competition is intense; companies are not willing to give space to untested commodities this challenge significantly prevents new entrants. However, this threat can be minimized through regulations, intricate to penetrate as a result of established organizations and client loyalty.

Supplier bargaining power; this force is moderate due to concentration and size of major retailers. To minimize this bargaining power of suppliers and retain clients, they differentiate their items to develop strong ones. Private clients have rather low bargaining power with big retail chains, but have more power with small retailers and not organized. In this sector, regardless of substitute items different manufacturing firms have their retail outlets. In addition, they have supply chains, which make supplier bargaining power low.

Buyers bargaining power; clients have low bargaining influence with retailers. For an individual customer is rather intricate to bargain the cost of products. Nonetheless, as a group, if clients demand for quality and subsidized rates it is important in ensuring retailers are trustworthy. Some of the main features that determine buyers’ power include; purchase volume, substitute commodities and quality. In the retail sector, buyer bargaining power is considerably high because the other substitutes, less product loyalty, volume o purchase and price sensitivity.

Threat of substitute; retailers do not offer one product rather they specialize in a variety of items as well as services. In other words, what a store specializes in can be found in another store. Retail stores offering unique items can be competitive in the market. Changing price and clients’ ability to compare price and quality can affect threat of substitutes. In retail sector, substitute elements such as online buying, different payment channels, affordable items, and home deliveries can enhance threat of substitutes.

Threat of rivalry; competition is increased while the influence of major retail stores to enhance their market share. This is to say, that retailers face intense competition. The retail industry grows slowly; therefore, retail stores have to fight for the market share. Currently, the sector has been attempting to minimize cutthroat price rivalry by providing special services including membership cards, flier points so as to gain clients’ loyalty.

2.6 Impact of government policies on retail sector

Retail sector comprises of various subsectors such as clothing, food, furniture among others.  Each of these subsectors experience distinct policy challenges, but all retail stores’ owners are influenced by national regulations such as overtime and wage laws. Colombo, Cunningham & Garcia, (2015) allege that like other industries, government policies increase compliance expenses and other legal liabilities to retail industry.  Previous studies show that taxes are technically regarded as regulations; however, it is believed that retail owners pay significant tax rates across US (Inman, Winer & Ferraro, 2009).  This is due to the fact that retail store owners lack recognizable tax ambiguities as well as discrete promoting interests.

While government taxes have been seen as the main factors putting strain on the retail sector, the imposed tax on business-to-business has been tremendously tough. The Caribbean government also introduced tax reforms and implemented value-added tax model to ensure transparency, attain a significant compliance and secure more income (Costa, 2016). This change also imposed a 10.5 per cent of business-to-business tax.  This move has considerably affected the retail industry as a number of them had to adjust to deal with revenue losses and sales while increasing operational expenses.

For instance, majority has to change their operational techniques, from cutting the number of workers towards changing their supply chain. Furthermore, in US many brick-and-mortar retail businesses pay sales taxes and online retailers do not. This is a huge benefit to firms like Amazon and considerable expenses to Wal-Mart (Caldwell et al., 2013). Other experts demonstrate that the retail sector, particularly brick-and-mortar are affected by labor regulations with their workers. This is associated with minimum wages for workers, working hours, however, different governments have imposed labor certification procedure make it somewhat easier to arrest retailers who violate the law (Goetz, Hoelter & Krafft, 2013).

3.0 Methodology

3.1 Research philosophy

In any given study, clarity considerably depends on the type of research design (Bentahar & Cameron, 2015).  In that view, a study can be deductive, inductive or a combination.  Inductive philosophy entails developing the hypothesis through observation. Besides, it focuses on previous literature useful to the aspect being investigated. Generally, this design is employed as foundation to assess previous studies as well as examining the prose (De Vaus, 2014). Past studies are relevant to this study in terms of demonstrating variations. When it comes to deductive design entails examining the theory via excel or SPSS software. This study purposes to investigate the use of digital marketing to increase sales in the Caribbean retail sector, deductive and inductive research philosophies will be used.

3.2 Qualitative and Quantitative approaches

The study will embrace not just a qualitative but also a quantitative method of research (Bazeley, 2015). The qualitative method will utilize previous studies on digital marketing, consumer behavior in the modern age, videos, periodicals, and books from libraries. On the other hand, the quantitative approach will gather facts from five different retail stores in the Caribbean using questionnaires.

3.3 Methods of data collection

3.3.1 Secondary data

According to Maxwell, (2013) secondary information plays a crucial role since it presents detailed facts to respond to the topic under investigation.  This study will use secondary information useful to how digital marketing can increase sales in the retail sector. Various studies relevant to this topic will be used.  While books present comprehensive information, they will be used in this study to enhance validity. On the other hand, to maximize the likelihood of relevant data the researcher will use the school library and authentic online sources, including journals and articles

3.3.2 Primary Data

The study will use questionnaire to gather primary data. This is due to the fact that questionnaires will collect detailed on the effect of social media in increasing sales in retail stores in the Caribbean. In addition, questionnaires will provide data regarding the effectiveness of social media in for enhancing sales in retail business in the Caribbean. It is of great importance to integrate primary data in this study because it will present  a meticulous understanding of the  use of digital marketing to increase sales in Caribbean retail sector. Consequently, this is essential when it comes to assisiting the researcher why retail businesses are adopting digital marketing. Besides primary information will provide useful insights.

3.3.2.1 Questionnaires          

The questionnaire is suitable for this study since they will be used to gather data on the use of digital marketing to increase sales in the Caribbean retail sector. Hence, the questionnaire will be designed in a way that they will research questions. In comparison to other methods, questionnaires are rigid (Heyvaert, Maes & Onghena, 2013).  In this regards, the scholar will leave spaces for them to be performed through the email. Also, the development of the questionnaire will take into considerations the subjects to provide their opinions.  In addition, the researcher will introduce himself while demonstrating the objectives of the project. Questions will be categorized into themes, clear, and easy to comprehend. Scientific jargons will not be used as some are likely to misinterpret thus, affect the validity of the study. Pilot questionnaire will be carried out with assessment of any technical issues.

3.3.2.1.1 Pros and cons of Questionnaires

Unlike other data collection tools, questionnaires can collect a significant amount of data not only fast but also cost-effectively (Bentahar & Cameron, 2015).  Information collected by the questionnaire is quicker and easier to analyze using excel or SPSS software.  In comparison to interviews, questionnaires can be measured in an objective manner (Cohen, Manion & Morrison, 2013). Again, questionnaires are important in the development of theories and hypothesis testing. Nonetheless, it can be challenging for the researcher to understand certain data such as feelings of subjects and gathers views with inadequate explanations. Since questionnaires use codes, this can lead to subjectivity (De Vaus, 2014).

3.4 Sampling

Sampling plays an important role in performing a study. Therefore, the study will use non-probability sampling technique to select the respondents. This technique is important when it comes to saving time. Furthermore, this technique is useful in this study since 5 retail stores in Caribbean will be selected based on their accessibility. Therefore, non-probability sampling method will help the researcher to randomly choose the subjects. Non-probability sampling will give the researcher the opportunity to gather participants’ opinion regarding on the effect of social media in increasing sales in retail stores in the Caribbean. In addition, questionnaires will provide data regarding the effectiveness of social media in for enhancing sales in retail business in the Caribbean.

3.5 Reliability and Validity

Reliability is the level of data used to present reliable findings while ensuring consistent views (Cohen, Manion & Morrison, 2013).  Therefore, secondary information related to how retail stores can use digital marketing to increase sales will be used.  On the contrary, validity presents the connection between veracity and findings (Irwin & Supplee, 2012). In this respect, the researcher will carefully focus on research questions to ensure that they are mirrored in the literature review. To decrease errors associated with sampling, non-probability sampling approach will be used to randomly choose subjects. In any study errors materialize due to poor choice of sampling method. Thus, non-probability sampling technique will be employed to select subjects to give their views about the effect of social media in increasing sales in retail stores in the Caribbean. In addition, questionnaires will provide data regarding the effectiveness of social media in for enhancing sales in retail business in the Caribbean.

3.6 Ethical issues

The scholar will take into consideration ethical issues stipulated by IRB so as to protect the human subjects involved in the study. Some of the ethical aspects the research will take into account include;

  • Getting an informed consent from respondents therefore, the scholar will make sure that subjects fully understand the pros and cons of the project. Moreover, the scholar will ensure that respondents voluntarily provide the consent while safeguarding their privacy.
  • Confidentiality another important element the researcher has to put into consideration. In this case, the research team will ensure participants’ confidentiality. Owing to the fact that confidentiality entail protecting the subjects with respect to their principles and beliefs, the research team will use alternative identities to report the results; information will be gathered anonymously.
  • The IRB stipulates that researchers provide genuine data so as to prevent use of false data irrespective of the scenario. As such, the research team will use correct data. This is to say, the study will not use fictional subjects to meet the deadline. Equally, the study will not use false data to fulfill its aims.
  • Another form of falsifying data is non-publication. This is common when certain data is omitted because it’s not necessary or fails to address the objectives of the study. Thus, the study will not integrate outliers with a remarkable margin in primary data collection. Again, the research team will not ignore irrelevant findings.
  • Wrong data gathering tools is also a violation of research ethics. For that reason, questionnaires will be used to collect retail business owners and employees regarding the use of digital marketing to increase sales in Caribbean retail sector.

4.0 To conduct research and analyze findings  

This study will concentrate on the use of digital marketing to increase sales in Caribbean retail sector. In addition, it will revolve around the effect of social media in increasing sales in retail stores in the Caribbean. Furthermore, research participants will provide data regarding the effectiveness of social media in enhancing improvement of sales in retail business in the Caribbean. For that reason, the analysis of findings will mainly describe each of the research questions. In this case, managers and employees of 5 retail stores in the Caribbean will be interviewed to provide their views about the use of digital marketing to increase sales. In addition, analysis will also focus on discussing the research questions based literature review.

Findings from this project will present new information and also assist retail stores’ owners with modern marketing strategies to increase their volume of sales. Moreover, this research will examine suitable strategies on which retail owners can use to gauge their sales volume. In the long run, the study will help Caribbean retail sector to determine suitable techniques to remain competitive as well as profitable. While there is inadequate studies on this issue, findings will provide additional knowledge and also the basis for investors to venture in retail businesses. This research will be the platform for providing relevant information for policy makers to control the operations of retail business in Caribbean.

5.0 Recommendations

Through the findings obtained in the research conducted in the development of this proposal, it is evident that several recommendations ought to be suggested including:

  • Owing to the fact that this sector is faced with intense competition, there is need to implement certain strategies such as flier points and mentorship cards to retain existing customers and gain their loyalty.
  • Retail sectors should collaborate with policy makers to help reduce the growing rate of acquisition and mergers.
  • Technology is developing rapidly; therefore, retail sector should use digital marketing channels such as social media platforms, the internet to increase sales. Using analytics and data metrics, retail stores can monitor sales, set targets and strategies to track the targets.
  • Retail industry should also understand the 4 Ps model in its expanded form including factors such as price, product, place, promotion, people, positioning, process and performance. These factors are important when it comes to understanding the primary foundations of the successful businesses.
  • Retailers should create not only mobile friendly, but also user-friendly websites for consumers to access the latest brands, product reviews and designs to help them make informed purchasing decisions.

6.0 Research Plan

The research plan for the proposed study will be presented inform of a Gantt chart outlining all the activities to be involved in the study as well as the timelines for the beginning and completion of each activity.

Sep – Oct 2016 Nov 2016 Dec 2016 Jan – Feb 2017 Mar – Apr 2017 Apr – May 2017 Jun- Aug 2017 Sep- Oct 2017 Nov –Dec  2017 Jan – Feb 2018
1.Project proposal write-up
2.Proposal defence
3.Literature Review
4.Develop conceptual framework
5.Pre-visit
6.Pretesting Instruments                  
7.Collection of the study data                  
8.Processing and cleaning-up of the collected study data                
9.Results Analysis and Interpretation                
10.Final Report Write Up and presentation

 

References

Ahmed, M. I. (2014). Marketing tools in understanding a market and tackling a     growing competition case: carbon duty-free shop.  BRAC University Institutional Repository, pp. 1-51. doi: http://hdl.handle.net/10361/3901

Bazeley, P. (2015). Mixed methods in management research: Implications for the field. Electronic Journal of Business Research Methods, 13(1), 27-35.Retrived on September 30, 2016 from: http://search.proquest.com/business/docview/1759174656/fulltextPDF/C2880829D6D4278PQ/5?accountid=45049

Bentahar, O. & Cameron, R. (2015). Design and implementation of a mixed method research study in project management. Electronic Journal of Business Research Methods, 13(1), 3-15. Retrieved on September 30, 2016 from: http://search.proquest.com/docview/1759174670?accountid=45049 

Caldwell, N., Harland, C., Powell, P., & Zheng, J. (2013). Impact of e-business on perceived supply chain risks. Journal of Small Business and Enterprise Development, 20(4), 688-715. Retrieved on September 30, 2016 from:  http://search.proquest.com/business/docview/1462472703/fulltextPDF/40F5F6D01C064B87PQ/1?accountid=45049

Cohen L., Manion L., & Morrison K. (2013). Research methods in education. Hoboken, NJ:          Taylor  and Francis. Available at: http://suss.eblib.com/patron/FullRecord.aspx?p=1144438

Colombo, L., Cunningham, B., & Garcia, U. (2015). Exploratory research into government regulation’s impact on business-level employment growth. Australian Journal of Labor Economics, 18(2), 375.Retrived on September 30, 2016 from: http://search.proquest.com/business/docview/1755716317/fulltextPDF/8A9792F634A145B9PQ/22?accountid=45049

Costa, D. (2016). Drone Alone: The Changing Face of Retail in Puerto Rico. Retrieved on September 30, 2016 from: http://caribbeanbusiness.com/retail-sector-in-puerto-rico-under-assault/
De Vaus, D. A. (2014). Surveys in social research. Sydney, Vic: Allen and Unwin.            Retrieved on September 30, 2016 from: http://suss.eblib.com/patron/FullRecord.aspx?p=1582675.

Ernst, H., Hoyer, W. D., & Rübsaamen, C. (2010). Sales, Marketing, and Research-and-Development Cooperation Across New Product Development Stages: Implications for Success. Journal of Marketing, 74(5), 80-92. doi: http://dx.doi.org/10.1509/jmkg.74.5.80

Goetz, O., Hoelter, A.-K., & Krafft, M. (2013). The Role of Sales and Marketing in Market-Oriented Companies. Journal of Personal Selling and Sales Management, 33(4), 353-372.

Heyvaert, M., Maes, B., & Onghena, P. (2013). Mixed methods research synthesis: Definition, framework, and potential. Quality and Quantity, 47(2), 659-676. Retrieved on September 30, 2016 from: http://search.proquest.com/business/docview/1271879698/fulltextPDF/1F9A2E76C1764E0DPQ/23?accountid=45049

Hosea, M. (2011). How location tools are honing brand radars. Marketing Week, 34 (2), 49–52.

Inman, J.J., Winer, R.S., & Ferraro, R. (2009). The interplay among category characteristics, customer characteristics, and customer activities on in-store decision making. Journal of Marketing, 73(5), 19–29.

Irwin, M. & Supplee, L. H. (2012). Directions in implementation research methods for behavioral and social science. The journal of behavioral health services & research, 39(4), 339-342. Retrieved on September 30, 2016 from:  http://search.proquest.com/docview/1422462818/fulltextPDF/9B6C8215B1444EE8PQ/5?accountid=45049 

Kaplan, A.M. (2012). If you love something, let it go mobile: Mobile marketing and mobile social media 4×4. Business Horizons, 55(2), 129-139.

Kaplan, A. M. & Haenlein, M. (2010). Users of the world, unite! The challenges and opportunities of Social media. Business Horizons, 53(1), 59–68.

Kaplan, A. M. & Haenlein, M. (2011). The early bird catches the news: Nine things you should know about micro-blogging. Business Horizons, 54(2), 105–113

Kaplan, A. M. & Haenlein, M. (2011). Two hearts in three quarter time: How to waltz the social media/viral marketing dance. Business Horizons, 54(3), 253–263.

Keszey, T. & Biemans, W. (2016). Sales and marketing encroachment effects on innovation. Journal of Business Research, 69(9), 3698-3706.

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Order Instructions:

Please send ASAP a paper according to the attached instructions and quoting the attached articles.
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Qualitative Research Designs

Traditionally, the constructs of validity and reliability have been tied to the quantitative approach to research inquiry. However, there has been a long running debate among qualitative researchers about whether these constructs are applicable to the qualitative approach (see Chenail, 2010; Merriam, 1995).

For example, some researchers (e.g., see Smith, 1984) have argued that the constructs of validity and reliability should be abandoned in qualitative research because the philosophical assumptions at the core of qualitative and quantitative research are incompatible. Other researchers (e.g., see Maxwell, 1992), however, have identified types of validity that they argue are applicable to qualitative research.

This week, you will have an opportunity to weigh in on the discussion about the criteria for evaluating the quality of qualitative research designs. You will also consider the relationship between quality criteria, philosophical orientations, and discipline standards. You will also consider ethical issues in qualitative research, the implications these issues have on design decisions, and the strategies used to address them. You will also annotate a qualitative journal article on a research topic of your interest.

Discussion: Designing Qualitative Research

As you recall from earlier weeks, various philosophical orientations hold unique epistemological and ontological assumptions. These assumptions return to the forefront of attention when considering how to evaluate the rigor or quality of various qualitative research designs.

Typically, when speaking of validity, qualitative researchers are referring to research that is credible and trustworthy, i.e., the extent to which one can have confidence in the study’s findings (Lincoln & Guba, 1985). Generalizability, a marker of reliability, is typically not a main purpose of qualitative research because the researcher rarely selects a random sample with a goal to generalize to a population or to other settings and groups. Rather, a qualitative researcher’s goal is often to understand a unique event or a purposively selected group of individuals. Therefore, when speaking of reliability, qualitative researchers are typically referring to research that is consistent or dependable (Lincoln & Guba, 1985), i.e., the extent to which the findings of the study are consistent with the data that was collected.

Please let me know if you have any other question.

 

 

 

SAMPLE ANSWER

Criteria for Evaluating Qualitative Studies

The most effective criteria for evaluating qualitative research is one that acknowledges the conceptual background underlying the research. These criteria vary by the methods used. The two main criteria for judging qualitative studies as put forward are validity and relevance. Though it has conflicted over several times, validity remains a valid determinant of the quality of a certain research. It determines the credibility, dependability, and confirmability of the qualitative studies. To ensure the effectiveness of validity, it can be assessed through three consecutive steps. Lewis (2015), recommends asking whether the results are reasonable enough, whether the researchers judgment of the research is accurate regarding the nature of the circumstances, the phenomena at hand and the researchers attributes; finally, if the credibility of the results cannot be asserted, the validity’s evidence should be examined.

Regarding criterion number two, relevance, Lewis (2015), suggests the application of relevance rules as outlined in Abt’s book on the costs and benefits of applied social research. These rules require one to be very evenhanded and emphasize the focus on effects that are most policy-oriented. The rules also advise that in the case of a dilemma where you are required to choose between the direct and most intricate expression of ideas, you should choose the former (Lewis, 2015). The other rule states that sorting out and analysis of descriptions should be done carefully, weighing in your opinions. Apart from that, one should be ready to get their hands dirty by working in between the concepts as well as being interdisciplinary. Lewis (2015), has also described the techniques that should be employed to assert the quality of the study. According to him, prolonged engagement followed by persistent observations and triangulation are the first steps. This should then be followed by peer debriefing and audit trial.

As Lewis (2015), suggests, the ontological and epistemological conventions of qualitative study are not the only approaches that differ when it comes to these two criteria. Sometimes these criteria are based on conflicting and unrelated assumptions. From a psychological perspective, validity criteria can be seen as a conflicted art interacting with an imaginary world and therefore, requires cracking of unconscious and unsaid dilemmas (Lewis, 2015). Therefore, the analysis is based on talk and it is not ethical to try to deduce hidden meanings. Indeed a diversity of research queries, the number of people involved and the of analysis methods that are employed. Therefore, judging qualitative study based on validity requires standardized selectivity (Lewis, 2015). As such it crucial for qualitative researchers to show coherence and make their conclusions clear for easier evaluation. Additionally, to this, the field of qualitative study is wide, and there is not one single method that can be termed as the sole criteria (Lewis, 2015). Each study differs from the other, and therefore, researchers should be open to application of other criteria of evaluation. The researchers require a profound understanding of theoretical approach using the most applicable evaluative method (Lewis, 2015).

Researcher-participant interactions are inevitable in qualitative studies, but the progression of such a relationship to intimacy becomes an ethical issue.  As a result, it brings about a range of ethical concerns that can affect the design of decision making for both the researcher and the participant. For such cases, arguments and disagreement among the different shareholders in the research emerge and this results in conflicts (Chenail, 2010). More so this can significantly affect major aspects of the research such as anonymity, discretion, and informed consent. Also, when a funding body questions the integrity and discipline of the researcher they might decide to terminate their aid which is not noble for the researcher (Chenail, 2010). They should, therefore, be very careful when carrying out their research and put this issues into considerations. They should also minimize the activities that can lead them to intrude their participant’s lives unnecessarily. They should also not coerce unwilling participants to talk or give information that they consider private. The results lead to incorrect data as the participants may feel the need to lie (Chenail, 2010).

When you say that a research topic is amenable to scientific study, it means that both the qualitative and the quantitative studies are complementary. They can, therefore, be used together to give out improved results.  Scientific research involves quantitative analysis while the qualitative analysis applies to cultural and social situations (Chenail, 2015). The two can, however, be integrated to give more accurate and efficient results. Also, qualitative investigations can occur for example the quality of existence can be conducted by utilizing quantitative research analysis.  Furthermore, it can be done by using questioners that are numerical based (Chenail, 2015). However, if the researcher is interested in more detailed aspects of an individual’s life, the qualitative analysis is more appropriate. As stated by Lewis (2015), these two methods were used by Danish Health and Technology Assessment Council to evaluate the essence of follow-up for cancer patients. The combination of the two yielded better results than when one them was used.

 

 

 

 

 

 

 

References

Chenail, R. J. (2010). Getting Specific about Qualitative Research Generalizability. Journal of Ethnographic & Qualitative Research, 5(1), 1-11. http://eric.ed.gov/?id=EJ906426

Lewis, S. (2015). Qualitative inquiry and research design: Choosing among five approaches. Health promotion practice, 1524839915580941. http://hpp.sagepub.com/content/early/2015/04/02/1524839915580941.abstract