Chapter 1 Gp1

Embed Size (px)

Citation preview

  • 8/8/2019 Chapter 1 Gp1

    1/48

    PROBLEM DEFINITION

    BRM (Business Research Method)

    Shweta Verma (2k91A-71)Anshu Kumar Mona (2k91A-19)

    Apurva Baranwal (2k91A-22)

    Arif Ahmad Nizami (2k91A-66)

  • 8/8/2019 Chapter 1 Gp1

    2/48

    A Sea Horses Story

  • 8/8/2019 Chapter 1 Gp1

    3/48

    What is the Moral of thestory?

  • 8/8/2019 Chapter 1 Gp1

    4/48

    Business Research

    The Systematic and Objective process of gathering,

    and analyzing data for aid in making business

    decision.Stages of Business Research are:Problem Definition

    Selection of basic research design

    Selection of sample

    Data gathering

    Data analysis and evaluationType of report

    Overall evaluation

  • 8/8/2019 Chapter 1 Gp1

    5/48

    Clarity Ambiguity

    Objectives are Clear

    Decision Making easy

    Vague Objectives Decision

    Making difficult

    The Nature Of Business problem

    Decision Making Situation

  • 8/8/2019 Chapter 1 Gp1

    6/48

    Coca-Cola Classic vs new Coke

    Coca-Cola introduced new coke, a reformulated

    version , after a series of taste tests in shopping malls .

    It decided to withdraw the regularCoke from the

    market.

    Emotional protests followed from Coca-Cola loyalists.

    What do you thinkwas the main problem with Coca

    Cola research?

  • 8/8/2019 Chapter 1 Gp1

    7/48

    The dangerous part of many business problems is neither

    visible nor understood by business managers.

    If the invisible part of the problem is ignored, the decision

    based on visible part only will be less than optimal.

    Iceberg principal

  • 8/8/2019 Chapter 1 Gp1

    8/48

    Problem definition

    Crucial first stage in the research process

    determining the problem to be solved and the

    objectives of the research.

    Specifies research questions to be answered.

    Specifies objectives of the research.

  • 8/8/2019 Chapter 1 Gp1

    9/48

    The Process of

    Problem Definition

    Ascertain the

    decision makers

    objectives

    Understand

    background of

    the problem

    Isolate/identify

    the problem, not

    the symptoms

    Determine unit of

    analysis

    Determine

    relevant variables

    State research

    questions and

    objectives

  • 8/8/2019 Chapter 1 Gp1

    10/48

    Researcher must satisfy the objectives of the line

    manager who requests the project.

    It is the job of the researcher to extract the objectives

    from the manager.

    An effective technique for uncovering hidden researchobjectives is asking the right questions.

    1.Ascertain in the Decision Makers

    objectives

  • 8/8/2019 Chapter 1 Gp1

    11/48

    It is important for the researcher to gain an

    awareness about an organization, background,

    environmental conditions.A situation analysis can be the logical first step

    in defining the problem.

    2. Understanding the background of

    the problem

  • 8/8/2019 Chapter 1 Gp1

    12/48

    Symptoms can be confused as the problem

    Organization Symptoms Problem Definition

    Based on

    Symptoms

    True Problem

    Cellular phone

    manufacturer

    Woman employees

    complain that

    salaries

    are too low

    Salaries need to be

    compared to

    industry average

    Benefits Program

    not suited to

    womens needs.

    Brewery Consumers prefertaste of

    competitors product

    Taste of brewerysneeds to be

    reformulated

    Old-fashionedpackage is

    influencing taste

    perception

    3.Isolate and Identify the problem, not

    the symptoms

  • 8/8/2019 Chapter 1 Gp1

    13/48

    4.Determine the unit of Analysis

    In studies of home-buying, what should be unit of

    analysis for study, the husband-wife combination or

    the individual?

    The husband-wife combination should be the unit ofanalysis as purchase decision will be made jointly

    by both.

    Determining the unit of analysis isimportant aspect for problem definition.

  • 8/8/2019 Chapter 1 Gp1

    14/48

    Determining the relevant variables

    While studying the effectiveness of an

    advertisement, the relevant variables would be the

    after sales, brand awareness, intentions to buy.

    Key variables should be identified in the problem

    definition stage.

    Categorical and continuous variable.

    Dependant and independent variable.

  • 8/8/2019 Chapter 1 Gp1

    15/48

    5.State the Research Questions and

    Research Objectives

    The researchers must prepare a formal written

    questions and objectives.

    The research is expected to accomplish theobjectives.

  • 8/8/2019 Chapter 1 Gp1

    16/48

    The Problem statement can be clarified by-

    1.Being specific in nature

    Is advertising copy X better than advertising copy

    Y-the statement is too general.Which advertisement has a higher day-after recall

    score-the statement is specific.

    2.A clarity to the problem statement can be introduced

    by formulating research questions.

  • 8/8/2019 Chapter 1 Gp1

    17/48

    Research Objectives

    Purpose of research expressed in measurable terms.

    A researchers version of the problem.

    The definition of what the research should

    accomplish.

  • 8/8/2019 Chapter 1 Gp1

    18/48

    Exploratory

    research(optional)

    Statement of

    problem

    Broadresearch

    objectives

    Specific

    Objective 1

    SpecificObjective 2

    Specific

    Objective 3

    Research

    Design

    Results

    FEEDBACK

  • 8/8/2019 Chapter 1 Gp1

    19/48

    Time Constraint

    Not feasible to search for every possible cause and

    minor influence.

    Identification of correct problem or variable is

    important for optimum utilization of time and

    money.

  • 8/8/2019 Chapter 1 Gp1

    20/48

    Research Proposal

    A written statement of the research design that

    includes a statement explaining the purpose of the

    study and a detailed, Systematic outline of aparticular research methodology.

  • 8/8/2019 Chapter 1 Gp1

    21/48

    Advantage of Research Proposal

    It will force researcher to thinkcritically about each

    stage of the research process.

    All the vague plain and abstract ideas about

    problem and procedure must become concrete

    statements about specific statement.

    It acts as a communication function between client

    and researcher.

  • 8/8/2019 Chapter 1 Gp1

    22/48

    CASE1

  • 8/8/2019 Chapter 1 Gp1

    23/48

    Case Appraisal

    Dennis Midddlemist enjoyed building furniture for his

    own home. He decided to invent an alignment device

    after his bad experience with trial & error adjustment of

    his radial arm saw. He designed a solution & got his custom prototype built.

    The device was perfectly according to his need & he

    decided to get it patented.

    He started exploring the possibility of manufacturing the

    device commercially through a company.

  • 8/8/2019 Chapter 1 Gp1

    24/48

    He started dreaming of the company but, in reality he

    didnt know much about marketing & wondered what

    marketing information he would require before

    getting serious about manufacturing the device likewhat market potential would be.

    He thought US would be the best place to start up &

    he made first objective of finding out How many

    radial arm user are there in US & what could be

    potential customer base

  • 8/8/2019 Chapter 1 Gp1

    25/48

    Questions

    1. What do you thinkwould be the most important

    information to the research consultant?Also identify

    the problem.

    Ans: The most important information can be gatheredby doing the primary as well as the secondary

    research.

    Marketing strategies and the market potential.

    Market information about manufacturing the device.

  • 8/8/2019 Chapter 1 Gp1

    26/48

    Continue...

    Market information about the demand and the

    potential customers of this device.

  • 8/8/2019 Chapter 1 Gp1

    27/48

    1.Ascertain the decision makers

    objectives

    Gather the information about the market of

    US.

    Objective: How many radial arm user are therein US & what could be potential customer

    base.

    Introduce some effective techniques like

    questionnaires, interviews, on-site

    observations.

    Comparison with other similar device.

  • 8/8/2019 Chapter 1 Gp1

    28/48

    2.Understanding the background of the

    problem

    In this complete domain knowledge is necessary .To

    see whether it is feasible, how to gain an awareness,

    environmental conditions.

    Conduct exploratory research (analyze the situation,screen the alternatives and discover the new ideas).

  • 8/8/2019 Chapter 1 Gp1

    29/48

    3.Isolate and identify the problem,

    not the symptoms

    Symptom-Un availability of marketing

    information.

    Problem definition based on symptom-Explore themarketing information for the device.

    Actual Problem-Who are the prospective

    customers for the new device.

  • 8/8/2019 Chapter 1 Gp1

    30/48

    4.Determine the unit of Analysis

    As it is important to determine the unit of analysis for

    problem definition.

    Unit ofAnalysis will be our potential customer.

  • 8/8/2019 Chapter 1 Gp1

    31/48

    5.Determining the relevant variables

    As the Middlemist is not having any knowledge of

    marketing.

    The relevant variables are:-

    Study the market and advertising modes.

    Brand awareness,

    Encourage the customer to buy and

    Re-purchase by providing them after sales service.

  • 8/8/2019 Chapter 1 Gp1

    32/48

    6.State the Research Questions and Research

    Objectives

    We will prepare a formal written Questionnaire with

    its objective, performed on papers or Online through

    email.

    It will help in finding the facts and other peopleopinion, and their valuable suggestions and ideas.

    This technique saves time and in shorter time we can

    gather information.

    To determine the requirements of user in a precise

    manner, a close-ended question is more preferred.

  • 8/8/2019 Chapter 1 Gp1

    33/48

    RQ: How many radial arms are there in Market?

    H1: No of target customer in US Market.

    H2: No of radial arm possess by each one.

    RQ: What could be potential customer base?

    H1: No of Potential buyers in the market.

    H2: No ofCompany Manufacturing this product.

    H3: Total Possible market share untapped.

  • 8/8/2019 Chapter 1 Gp1

    34/48

    Interview is another method to gather requirement

    from user and to understand the domain.

    Interview technique has been used as a primary

    research.

    In interviews one to one communication is used so

    that information can be interpreted the way it is

    described with minimum distortion in information.

  • 8/8/2019 Chapter 1 Gp1

    35/48

    CASE2

  • 8/8/2019 Chapter 1 Gp1

    36/48

    Introduction

    To introduce EZPass a steering committee was

    formed to investigate feasibility and desirability of

    implementing Electronic toll collection

    ETC can reduce the traffic jams by allowing tag

    holder to pass through tool plaza at moderate

    speeds.

  • 8/8/2019 Chapter 1 Gp1

    37/48

    Perception of Agencies

    During the time of study ETC has been

    successfully used in Texas and Louisiana.

    Several agencies thought of implementing ETC

    individually though they believe integrating them

    will give more result

  • 8/8/2019 Chapter 1 Gp1

    38/48

    Task force targets

    They want similarity and dissimilarity in

    configuration across agencies and service attribute

    for each agency commuters.

    They receive a list of attributes which they clubbed

    together to seven question.

  • 8/8/2019 Chapter 1 Gp1

    39/48

    Focus of task force

    They are interested in knowing how to implement

    ETC

    They do not show much interest in knowing

    desirability of ETC.

  • 8/8/2019 Chapter 1 Gp1

    40/48

  • 8/8/2019 Chapter 1 Gp1

    41/48

    Understand the background of the

    problem

    What could be the background problem behind

    formation of taskforce. Is it traffic jam?

    The Background of the specified problem is

    Inadequacies of road Infrastructure resulted in

    traffic jam.

  • 8/8/2019 Chapter 1 Gp1

    42/48

    Isolate and Identify the problem and

    not the symptoms

    Problem of the case is Inadequacies of road

    infrastructure and it is not traffic jam

  • 8/8/2019 Chapter 1 Gp1

    43/48

    Determine the unit of analysis

    Who will be the unit of analysis for taskforce?

    The unit ofAnalysis for taskforce is commuter of

    New York, New jersey area.

  • 8/8/2019 Chapter 1 Gp1

    44/48

  • 8/8/2019 Chapter 1 Gp1

    45/48

    State the research questions(hypotheses)

    and research objective

    Research objective is to investigate feasibility and

    desirability of ETC(electronic toll collection)

    Research questions are:

    RQ: EZPass is feasible

    H1: There are traffic on the road?

    H2: Road infrastructure are not adequate?

    H3: Commuter want EZPass

  • 8/8/2019 Chapter 1 Gp1

    46/48

    RQ: EZPass is feasible?

    H1: There are many agency

    H2: each agency have difference configuration

    H3: Different configuration can be integrated

    H4: EZPass is economically and operationally

    viable.

  • 8/8/2019 Chapter 1 Gp1

    47/48

    Q: Evaluate the problem definition. Has

    the problem been defined adequately?

    Taskforce have overseen the objective of

    establishing taskforce as they are much interested

    in how to implement the EZPass. They are looking

    economical and technical feasibility but they are notlooking social and operational feasibility and

    desirability of implementing the project.

    Thus we can conclude that problem has not been

    defined adequately by taskforce

  • 8/8/2019 Chapter 1 Gp1

    48/48

    THANK YOU