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HI6008 Business Research

tag 0 Download 3 Pages / 547 Words tag 09-07-2021

Question:

Supposed you owned a jewellery store in Melbourne, Victoria. You are considering opening a second store just like your current store. You are undecided on whether to locate the new store in another location in Melbourne or open the second store in Adelaide.
Go to the Australian Government Census website plus use other internet research sites relevant to this question to source information on population, demographics, income, competition etc.
Questions
Q1. Why would you decide to have research done before making a decision Using the information you have sourced on-line:
Q2. Explain 4 issues relevant to this jewellery business.
Q3. How does product oriented, production oriented and marketing oriented research relate to this business. Is this relevant to the business decision
Q4. What are the constraints that may determine whether this research is conducted.
Q5. Explain the 7 steps of the Scientific Method.
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