Formulate hypothesis about amount of money visitors spend

Assignment Help Management Theories
Reference no: EM133283253

Case description:

Your business research company has been invited by Vicinity Shopping Centres (VSC) to submit a formal proposal for a research project about shopper satisfaction with the Chadstone Shopping Centre. Chadstone Shopping Centre is the largest shopping centre in Australia and offers not only shopping but also many entertainment and food outlets. The VSC management team has asked your team to submit a research project proposal that will measure satisfaction with various stores and attractions at Chadstone Shopping Centre. Specifically, you have been asked to measure the visitor satisfaction at the food court and dining sections.

The proposal will need to be completed within five weeks. Your company has been asked to collect primary data using a highly structured closed-ended questionnaire.

Background: The centre contains 129,924m2 of shop floor space, about 530 stores and more than 9300 free car parking spaces. It has as many as 68,000 visitors on its busiest trading days and attracts about 400,000 tourists a year from interstate and 200,000 from overseas.

The VSC management is considering opening an additional food court section at the opposite side of Chadstone Shopping Centre than where the current food and dining sections are located.

Question 1) What is exploratory research? Will your proposal include an exploratory research phase? Explain reasoning referring to the possible types of research design.

Question 2) What type of survey method would you propose? Explain why you would propose this type of survey method instead of other possible types of survey methods.

Question 3) Suppose you were asked to also measure how much money a Chadstone Shopping Centre visitor typically spends when visiting the shopping centre.

a) explain how this spend would be best measured in questionnaire (give reasons),
b) formulate a hypothesis about the amount of money visitors spend,

c) explain how you would test this hypothesis,

d) state a hypothesis test conclusion if your hypothesis was supported in your analysis.

Question 4) What is a Chi-square test? State if you will be using a Chi-square test in the research analysis. Explain your reasoning and identify two variables for which you would want to apply this test. Also, provide an example of how the result would be presented.

Question 5) State the management decision problem and two research questions to be included in proposal.

Question 6) Explain if you would consider simple random sampling as an appropriate sampling technique to recruit visitor participants for this research study. Also explain how this type of random sampling could be implemented.

Question 7) One of your colleagues suggests you should use a single Likert scale item for measuring satisfaction. Explain if this is a good idea and give your reasoning why it is a good idea or not. Also include an example of an appropriate Likert scale item for measuring satisfaction at Chadstone Shopping Centre.

Reference no: EM133283253

Questions Cloud

How private education institution of english learning : BUSI 601 University Canada West How private education institution of English learning company goes about managing ethical issues, CSR activities
Explain why and where the asthenosphere exists : Please explain why and where the Asthenosphere exists, and how it differs from the Lithosphere. Also, what two major layers compose the Lithosphere
How would a servant leadership help a leader love : How would a servant leadership help a leader love, lead, listen, and communicate in all types of organizations (nonprofit, ministry, for-profit)
Calculate the atmospheric pressure in this area : A dual-mode CO2 sensor report that the molar CO2 mixing ratio of 500 ppm, Calculate the atmospheric pressure in this area
Formulate hypothesis about amount of money visitors spend : What type of survey method would you propose? Explain why you would propose this type of survey method instead of other possible types of survey methods
What is a ballpark estimate for the temperature : What is a ballpark estimate for the temperature you would expect at the top of the mountains in Julian, and in the drier Borrego Springs
What do you think makes our planet earth unique : What do you think makes our Planet Earth unique within the universe as a place that supports life? Can you provided where you could find the references at
What type of survey method would you propose : What is exploratory research? Will your proposal include an exploratory research phase? Explain reasoning referring to the possible types of research design
What would be some main concerns : BUSINESS 7302 Columbia Southern University what would be some main concerns when drafting policies concerning the intellectual property of the organization

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd