BizOps Enterprises' Market Research Report for Merryville Store Plan

This report presents market research conducted by BizOps Enterprises regarding the potential for a new retail store for digital devices in Merryville. The research involved surveys and investigations to gather information about the local market, clarifying requirements with stakeholders through interviews and active listening. Effective communication practices were employed to seek advice from colleagues and supervisors, utilizing formal emails to exchange findings. Decision-making was based on a thorough analysis of gathered information, identification of alternatives, and consultation with stakeholders. The draft text, which followed a formal approach, was successfully approved, marking the achievement of the project's first milestone, highlighting the importance of effective communication and information gathering.

MERRYVILLE MARKET
RESEARCH

Introduction
 BizOps Enterprises are planning to open a
new retail store for digital devises in a region
of Merryville. This is because the inhabitants
of Merryville use a wide range of digital
devices but has no retail outlet. A survey that
was carried out in that area received a lot of
promising responses and wide spread
participation. The project has been initiated
and has already reach its first milestone.

Effective Communication
 Effective communication with colleagues ,
supervisors and manager is necessary for maximizing
the work efficiency and in developing a healthy work
relationships.
 The most effective means of communicating with the
colleagues, supervisors and mangers is
communicating with them along with active
listening. This ensures that the project manager is
interested and concerned about their views and
suggestion regarding the project and in turn increases
their active participation in the project.

Clarifying the Requirements
 The information about the research topic is
gathered by undergoing proper investigation and
a proper survey.
 The investigation techniques used in information
gathering are distribution and collection of
questionnaire and document analysis.
 The requirements are crossed and clarified to the
project owners and stakeholders by proper
interviewing techniques, which included active
listening.

Accepted Communication practises in
seeking advices
 In order to seek advice from the colleagues
supervisors and managers proper
communication standard is maintained. Active
listening is really important in seeking
advices. This helps in knowing their
perspective in a better way.
 The communicating protocol used for this
research was the exchange of the results of the
electronic investigations via formal emails.

Decision Making
 After a successful recourse gathering via an
effective research, the most crucial task was
effective decision making.
 In order to make a decision based on the
standard procedures, all the information is
gathered and the different alternatives are
identified.
 The best among the alternatives is chosen after
consulting the supervisors and the stakeholders.

Draft Text Approval
 The major task of this project was its draft text
approval by the enterprise personal.
 For ensuring the same, the draft text followed
a formal approach including all the details of
the project briefly.

Conclusion
 The project successfully reached its first
milestone as all the prior tasks were completed
effectively. Effective communication was a
very important aspect for this project along
with a proper information gathering.
Successful completion of all the phases
resulted in the approval of the draft text.

Bibliography
 Sontakki, B.S., Effective Communication
Skills. Orientation Programme, p.68.
 Lai, R. and Jirachiefpattana, A., 2012. Communication
protocol specification and verification (Vol. 464).
Springer Science & Business Media.
 Zionts, S., 2012, December. MULTIPLE CRTTERTA
DECISION MAKING”. In Multiple Criteria Decision
Making Theory and Application: Proceedings of the
Third Conference Hagen/Königswinter, West Germany,
August 20–24, 1979(Vol. 177, p. 150). Springer Science
& Business Media.