What research would you want to conduct prior to making a decision to invest in new presses?
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- how does break-even analysis act as a decision-making tool for business? elaborateWhat are some other ways research and the data it produces are used to make business decisions?How would you go about managing the database for iTunes? How can predictive analytics help you determine which bands and films will sell the most tickets in the next year?
- How can a university create excitement to high school students who are thinking about going to college?What are the three different types of questions? How do those different questions affect the answers given?It has been asserted that conducting research in education and the social sciences is a gamble, but it is an even greater gamble not to do research. Agree or disagree with this assertion and give reasons for your position.
- As a businessperson, it is hard to share your results if your hypothesis testing does not reach a certain significance level. Make an argument why it is both good and bad to have to include this as part of your research results. Besides hypothesis testing, are there alternative ways to validate the research findings in a business environment?Explain the importance of scientific literacy for making informed decisions.You work for a company who manufactures and sells accessories, and you have been asked to conduct research to determine how the company can increase its bow ties sales. Sales will increase if you can get new customers to use your product and/or get your current customers to purchase more bow ties. Please discuss the type of primary research you would conduct to determine how the company should proceed: 1. What type of research would you conduct and why this type? Please be specific. 2. Who would participate in this research? 3. What information would you seek to get from this research? 4. How could this information be used to help the company make decisions?