Definition of the problem as sales are down

Reference no: EM13216235

Your colleague has been tasked to do market research for your company. Management is complaining that sales have not been where the company would like them to be (the sales are about 8% behind the projected goal). Senior management wants your colleague to find out why. At a team meeting, your colleague shares that he has defined the problem, a critical "first step" towards doing market research. Specifically, he announces the Definition of the Problem as "Sales are down."

Comment on the Definition of the Problem, as shared by your colleague. Do you agree or disagree with his Definition of the Problem? How would you restate the Definition of the Problem.

Reference no: EM13216235

Questions Cloud

Self-concept, relationship-culture and episodic content : What are the rules that govern how we use language to figure out what interpretation of a message is appropriate in a given context. They deal with: self-concept, relationship, culture, and episodic content.

Contrast the description-explanation objectives of science : Compare and contrast the description and explanation objectives of science. How are they different and how are they similar?

What are nonphysical discipline methods preferred : Compare the differences in the theories of Freud, Erikson, and social-cognitive theorists about the emphasis on children's families and peers. How does attachment change during the early childhood years? What are nonphysical discipline methods prefer..

Use in human organ growth and transplant : A doctor has applied for a patent on a new technology involving the use of advanced computer to create a new type of organism for use in human organ growth and transplant.

Definition of the problem as sales are down : Your colleague has been tasked to do market research for your company. Management is complaining that sales have not been where the company would like them to be (the sales are about 8% behind the projected goal).

Describing a dermatologic condition or disease : Making use of the following terms, write a fictitious medical report of about two paragraphs describing a dermatologic condition or disease. Focus the report on the onset, progression, location, and etiology of the condition or disease, and the treat..

Strategic plan for kudler fine foods : Create a WBS and Gantt chart for the new strategy including objectives, functional tactics, action items, milestones, tasks, resource allocation, and deadlines.

World War I Overview : "World War I Overview." After you have read this article and Foner on World War I, write an essay with at least five sentences reflecting on the issue, "Could we have avoided entry into World War I?

Consumer products manufacturer wants consumer reaction : A consumer products manufacturer wants consumer reaction to its existing products. Interaction is considered important to stimulate thinking. The firm should use:

User Account

All Pages