BUS703 Managing Research: Defining Management Problems and Questions

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Added on  2023/06/08

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Homework Assignment
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This assignment solution addresses various business scenarios, focusing on problem definition, research questions, and objectives. It covers topics like tyre retail challenges, innovation management in a Singaporean consulting firm, FMCG supply chain issues, health festival tourism motivation, and human resource management in aged care facilities. For each scenario, the solution identifies the core problem, formulates relevant research questions, outlines specific research objectives, and suggests appropriate subject areas and keywords for literature review. The analysis aims to guide management decisions and improve competitive advantage in each context. Desklib offers a variety of similar solved assignments and resources for students.
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BUS703 Managing Research: Task 1 Answer Sheet
Name:
Student Number:
Date of Submission
Answer 1: Tyre Retailer
Answers Max
Marks
1.1 Problem and management decision (what is the specific problem or issue to be investigated?
What is the company seeking to find out? What do they not know, what management decisions
will be made?)
5
1.2 Research question (What is the specific research question they should focus on? What
information is required to answer the management problem?).
5
1.3 (Information/Research) Objectives (Given the research question, what are the smaller sub-
questions or information objectives related to this research question that should be answered?
As a guide, minimum of three and no more than six).
10
1.4 What is the subject area of business management that is relevant to this problem? (ie what
is your parent discipline e.g. marketing, HRM, strategy etc) and what are the keywords to use
when conducting a literature search of research that has been done about this issue? (about 10
words)
Subject area…………………………………
Keywords…………………………
5
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Answer 2: Singaporean Management Consulting Company
Answers Max
Marks
2.1 Problem and management decision (what is the specific problem or issue to be investigated?
What is the company seeking to find out? What do they not know, what management decisions
will be made?)
The concerned organisation in discussion has been observed to be facing several issues in the
matters that pertain to the innovative techniques that need to be undertaken by the company.
These factors help in the matters that are related to the competitive advantage within the
concerned industry. The concerned managerial department within the concern might need to
focus on the various factors that are related to the innovative aspects within the concerned
company. The concerned business organisational management might be advised to conduct
surveys and interviews in order to gain the proper competitive advantage over the various other
companies that have been functional in the given market.
5
2.2 Research question (What is the specific research question they should focus on? What
information is required to answer the management problem?).
The research questions that need to be addressed in this case are as follows.
What is the present climate of the innovation considering the employees of the concerned
company? What are the various innovative aspects that are needed for the changing policies and
the procedures of the organisation?
5
2.3 (Information/Research) Objectives (Given the research question, what are the smaller sub-
questions or information objectives related to this research question that should be answered?
As a guide, minimum of three and no more than six).
The research objectives of the given scenario are as follows.
To put forth an identification of the present climate of the innovation considering the
employees of the concerned company.
To put forth an evaluation of the various innovative aspects that are needed for the
changing policies and the procedures of the organisation.
To put forth a recommendation on the suitable strategies that might help the company
to gain competitive advantage.
10
2.4 What is the subject area of business management that is relevant to this problem? (ie what
is your parent discipline e.g. marketing, HRM, strategy etc) and what are the keywords to use
when conducting a literature search of research that has been done about this issue? (about 10
words)
Subject area – Innovation Management
Keywords – Innovation Management, Client – Focused Techniques of Innovation, Technological
Innovation
5
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Answer 3: Fast Moving Consumer Good (FMCG) Supply Chain
Answers Max
Marks
3.1 Problem and management decision (what is the specific problem or issue to be investigated?
What is the company seeking to find out? What do they not know, what management decisions
will be made?)
The organisational management might need to look into the various matters that pertain to the
elements of the supply chain management of the concerned organisation. The organisational
management might further need to look into the various matters that pertain to the changes in
the current trends in the given market. The organisational management might also tend to focus
on the factors that pertain to the improvement of the competitive advantage of the concerned
organisation.
5
3.2 Research question (What is the specific research question they should focus on? What
information is required to answer the management problem?).
The research questions that need to be addressed in this case are as follows.
What are the various elements of the supply chain management in the concerned organisation?
What are the various factors that might have been affecting the changes in the trends in the
current market? What kind of impact do the various changes in the trends in the current market
have on the management of the supply change?
5
3.3 (Information/Research) Objectives (Given the research question, what are the smaller sub-
questions or information objectives related to this research question that should be answered?
As a guide, minimum of three and no more than six).
The research objectives of the given scenario are as follows.
To conduct an analysis of the various elements of the supply chain management in the
concerned organisation.
To put forth an identification of the various factors that might have been affecting the
changes in the trends in the current market.
To put forth an identification of the impacts of the various changes in the trends in the
current market on the management of the supply change.
To put forth a recommendation on the suitable strategies that might help the company
to gain competitive advantage.
10
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3.4 What is the subject area of business management that is relevant to this problem? (ie what
is your parent discipline e.g. marketing, HRM, strategy etc) and what are the keywords to use
when conducting a literature search of research that has been done about this issue? (about 10
words)
Subject area – Supply Chain Network
Keywords – Supply Chain Network, Factors That Have Been Affecting the Market Trends, Supply
Chain Management.
5
Answer 4: Health Festival
Answers Max
Marks
3.1 Problem and management decision (what is the specific problem or issue to be investigated?
What is the company seeking to find out? What do they not know, what management decisions
will be made?)
The concerned managerial department of the tourism concern that is being discussed, might
need to conduct the researches on the matters that pertain to the various motivational factors
that might tend to affect the concerned tourism industry. The management of the organisation
might also need to discuss the various situation-specific factors that might influence the various
motivational factors that should be maintained within the given organisation. The organisational
management might also tend to focus on the factors that pertain to the improvement of the
competitive advantage of the concerned organisation.
5
4.2 Research question (What is the specific research question they should focus on? What
information is required to answer the management problem?).
The research questions that need to be addressed in this case are as follows.
What are the motivational factors that might have been affecting the various tourist activities
within the present market scenario? What are the motivational factors specific to the scenario
that might have been affecting the various tourist activities within the concerned area?
5
4.3 (Information/Research) Objectives (Given the research question, what are the smaller sub-
questions or information objectives related to this research question that should be answered?
As a guide, minimum of three and no more than six).
The research objectives of the given scenario are as follows.
To recognize the various motivational factors that might have been affecting the various
tourist activities within the present market scenario
To assess the various motivational factors specific to the scenario that might have been
affecting the various tourist activities within the concerned area.
To put forth a recommendation on the suitable strategies that might help the company
to gain competitive advantage.
10
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4.4 What is the subject area of business management that is relevant to this problem? (ie what
is your parent discipline e.g. marketing, HRM, strategy etc) and what are the keywords to use
when conducting a literature search of research that has been done about this issue? (about 10
words)
Subject area – Tourism Management
Keywords – Tourism Management, Current Market Trends in Tourism Industry, Destination
Tourism, Event Management, Festival Tourism, Tourism Motivation.
5
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Scenario 5: Human Resources
Answers Max
Marks
5.1 Problem and management decision (what is the specific problem or issue to be investigated?
What is the company seeking to find out? What do they not know, what management decisions
will be made?)
The problem that needs to be addressed in the concerned scenario is the fact that deals with the
various matters that pertain to the pressures that are being experienced in the matters that
pertain to the work stress of the concerned employees. The other factors that might need to be
addressed within the research might include the factors that pertain to the health issues that the
concerned employees have been dealing with during their tenure of service. The employees who
have been involved in the matters that pertain to serving the various members of the aged
population who have been residing at the various aged-care facilities within the concerned area.
The concerned employees have been facing a number of issues in the matters that pertain to
their health and the major amount of fatigue that these people might undergo while serving the
aged population who have been residing at the various aged-care facilities within the concerned
area.
5
5.2 Research question (What is the specific research question they should focus on? What
information is required to answer the management problem?).
The research questions that need to be addressed in this case are as follows.
What are the various pressures that have been experienced by the employees working in the
aged-care facility? How can these pressures that have been experienced by the employees
working in the aged-care facility be properly addressed?
5
5.3 (Information/Research) Objectives (Given the research question, what are the smaller sub-
questions or information objectives related to this research question that should be answered?
As a guide, minimum of three and no more than six).
The research objectives of the given scenario are as follows.
To identify the pressures that have been experienced by the employees working in the
aged-care facility
To address the pressures that have been experienced by the employees working in the
aged-care facility
To recommend the suitable strategies that might help the company to gain competitive
advantage.
10
5.4 What is the subject area of business management that is relevant to this problem? (ie what
is your parent discipline e.g. marketing, HRM, strategy etc) and what are the keywords to use
when conducting a literature search of research that has been done about this issue? (about 10
words)
Subject area – Human Resource Management
Keywords– Human Resource Management, Human resources, People management, aged-care
employees.
5
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