Problem Solving and Business Reporting Research

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Problem Solving and Business Reporting Research
Student Name
Course Name
Professor’s Name
School
The City and State where it is located
Date

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Problem Solving and Business Reporting Research
Introduction
Research is a vital practice that helps in identification of the business problems and the
potential solutions that can be rendered to these problems(Hair, Money, Samouel, and Page,
2015). The business problems can be affecting the business from the past, currently or projected
to happen in future. Through research and reporting of the findings, these problems can be
addressed and eliminated for different scenarios or crises that occur in business. In this report,
the critical appraisal of various methodology that facilitates effective research will be evaluated
with the procedures involved in conducting research at different stages. Additionally, the report
is based on the UAE organisations and the business environment in the region. All the tasks in
this report are aimed at addressing issues that could lead to effective research, problem-solving
and reporting.
Task 1
1.1 Critical analysis of the strategic and operational strengths and weaknesses for
different organisations.
The strategic and operational analysis weaknesses and strengths can be evaluated using
the SWOT analysis technique, which caters for the strengths, weaknesses, opportunities, and the
threats in an organization’s performance in relation to the market factors and the internal
operations. Moreover, the strengths or weaknesses cut across the STEEP parameters (social,
technological, economic, environmental, and political factors) which are aimed at measuring the
comprehensive analysis to address the critical parameters (Basha,Phanikumar,Kumar, Quarda,
and Marpu, 2015, pp.404-417).This assignment will put into consideration the SWOT analyses
across the parameters of one or more organisations in two different categories with detailed

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strategic and operational strengths and weaknesses for a range of sectors. These sectors are
discussed below in detail.
The Finance industry and the Payment Solutions
The National Network
According to the conducted situational analysis, the organisation exhibits technological
advantages that are considered as the strength where there is an extensive understanding
concerning the requirements of the industry payment cards. Additionally, it continuously in the
technologies and the related tools to promote and protect the client data and their customers
across the payment transaction cycle of the financial year.
The analysis further indicated that the Network could exhibit a weakness that could be
because the leading card payment issuer for the merchant end-to-end payment processor of the
cards could encounter malicious practices from a few merchants.
According to the scenario, Network has roughly 70,000 partner merchants. This is an
opportunity for the organisation as there is room for gaining more merchants as the size of the
market grows gradually. However, there could be a great threat from the competitors who are
marketing their products on the same market who are small and medium-sized companies who
can manage their operations easily due to the small sizes. These major competitors of the
National of Network include the PayTooCorp, National Processing, and Emerald World among
others.
The healthcare Industry
The National medical sector by supply the art of healthcare products such as the medical
equipment, medical substances, and the food supplements among others. The SWOT analysis

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highlights the strategic and the operational strengths and the relevant weakness as illustrated
below.
Strengths
The organization is strategically and uniquely position which enables it to gather a wide
range of distinctive combinations of the advanced healthcare supplies that are the results of the
strong commitment to innovation. Moreover, the organisation has an established network of
regional distributors with a good business relationship that has enabled them to work hand in
hand with strong business coordination for many years.
Opportunities
In order to lead the revolution in supplying innovative medical products and deliver the
future of technology in the medical sector, the organization could collaborate with the
distributors who can make door-to-door delivery of the products.
Weakness and Threat
As much as the organization has successfully made in-roads in the Saudi Arabian
market, it has not successfully performed in the United Arab Emirates, Omar, and Qatar even
though it had established its headquarters in Dubai, UAE. Additionally, there are aggressive
competitors supplying the similar products as the major players who are gradually moving
towards Oman and Qatar.
Economy
The regional economy can be both a strength and a weakness depending on different
situations (Al-Maamary, Kazem, and Chaichan, 2016, pp.1980-1988). If the economy grows, the
organization will be in position to retain its loyal customers from being swayed off to the other

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competitors. However, if the economy diminishes, the customers will be very costly to retain due
to the poor services that will be offered by the organization.
Legal
The legal factors involve the privacy laws, which play a big influence on the industry.
(Saeidi et al., 2015, pp.341-350) in their findings claim that municipality in different regions
may apply strict laws on the distribution of mass-mailers that are essential for distributing the
products in certain regions. At times, the organization might experience the difficult for approval
from the authorities to advertise the health magazines hence a high influence that is earned from
advertisements might be eliminated if they do not have appropriate content for the public. These
factors might cause a depreciation in the competitive market advantage for the organization
making it fall.
1.2 A critical examination of problem-structuring methods and application of problem
analysis methods and theory to specific business issues and their relevance
This involves two methods of solving and restructuring the problems. These are the
systems and approach and the scientific approach.
The scientific approach
The scientific approach involves identification of the problem, formulation of the
hypothesis, the process of deriving the predictions from the logical consequences the conducting
the actual experiment (Rothe, 2017). Additionally, the research is obligated to identify the
problem and carry out the research based on the research questions whereby he/she will be
needed to draw the conclusion concerning the hypothesis after evaluating the experimental
results. The following are the steps involved in the scientific research approach.

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Hypothesis formulation- This involves the identification of the causes of a problem and
gathering the knowledge that would lead to the solving of the problem through the research to be
conducted.
Conducting the experiments – this step involves carrying out a controlled experiment in a
certainly prescribed setting. The nature of the experiments may involve the trials and errors.
Evaluating the results - this step comes after the scientific experiment to give an evaluation of
the data obtained from the experiment.
Conclusions – this step involves the drawing of the conclusions about the tested hypothesis. It
also involves deducing recommendations from the conclusions determined at answering the
research questions or hypothesis.
The systems approach
This approach involves the modification of the scientific approach. The aspects of
solving the research problem in this approach are based on a systematic process (Sekaran and
Bougie, 2016). Therefore, in solving a problem using this approach requires that the execution of
the activities is well organized and interrelated. This approach involves the following sequence
of activities.
Problem definition – this gives the researcher an opportunity to identify the problem in a system
context.
Gathering of the data – this entails collecting the data that is relevant to describing the problem
or the potential solution.
Identification of alternative solutions – this helps the research in gathering information about
other possible means of giving solutions to the identified problems. Moreover, choosing between
the outlined alternatives can involve a number of factors such as costs, technical factors, human