Preparing to Conduct Business Research: Part 1
Selina Winfield, Princella Walker, Katina Martins, JaCory Fitzgerald, Shante Wilson
University of Phoenix
Business Research
RES/351 Version
Bruce Cannon
April 08, 2013
Research occurs when information is collected and analyzed and the issues at the present time have a plethora of solutions. Wal-Mart is very popular catering to families and shoppers who look to save money and find the convenience of buying their groceries and needs at affordable prices they can afford. The economy may have been negatively distressed consumers these days, so many people cannot afford to buy the high price items outside of the budget as before until things get better ; however, conversations have been reviewed as of when consumers go to Wal-Mart for their shopping needs, they notice the multiple lanes that are not being utilized. Wal-Mart classifies peak hours are from Midnight to 5:30a.m. Which is normally just a hand full of people running in picking up a few things during those hours. The research questions that need to be asked are:
• Why does Wal-Mart has four lanes open at hours when most consumers are shopping (4:30p.m. -8:30p.m.)
• Does Wal-Mart believes that the longer consumers, stand in line the more he or she will purchase
• Seeing the things around the cash wrap creates impulsive buying
Researchers always think about hypotheses when we are observing something. A hypothesis are defined in many different ways. Some hypothesis is either “if, then” and sometimes called no difference hypothesis. A scientist uses the null hypotheses to examine things for experiments because it is simple to disprove a null hypothesis, which can be evidence for a relationship between variables that are examined. With regard to hypothesis to the Wal-Mart lane dilemma there are a number of ideas we could explore.
The Essay on Mart Wal Jobs Economy
The largest and most successful company in the world is now being ridiculed for the way in which it has risen to the top. Wal-Mart is accused of setting a bad example for American companies by squeezing producers for low prices, outsourcing manufacturing jobs, discriminating in the workplace and for the inhumane treatment of employees. What these critics don't understand is that there are positive ...
The first most frustrating experience is, after seven o’clock or any time after the amount of cashiers on staff seems to reduce drastically; there are only about four cashiers (two express lanes and two regular checkout lanes).
This poses a problem because many consumers shop late at night in hopes of avoiding the long lines. So customers become irritated and some no longer wish to continue wasting time standing in line at Wal-Mart.
Some variables that can be considered is that by paying attention to the amount of traffic that come in and out during the workweek gives insight to how many cashiers are needed. Around what time the business is at the busiest time of the day. This is a way to manage how many cashiers they will need during the period of the day so that they can prevent long lines from forming. Another thing to take into consideration is that if Wal-Mart have first time cashiers, put them on a shift that does not have much traffic or with someone who has experience so that the more experienced cashier can aid them if they have a problem during business day. Or the other alternative is to create a training environment and hire one trainer to train a class. Although, Wal-Mart has found the path to make money and grow. With this knowledge Wal-Mart should manage the funds better to ensure maximization of all tools and bodies. Cashiers on staff during the day should alleviate the tension shoppers feel when shopping at the Wal-Mart establishments. They could also inaugurate more self-checkout lanes. As a company grows,certain precautions set in place to ensure that Wal-Mart is able to service the growing amount of consumers by increasing its cash demands (Barringer & Ireland, 2010, p. 251), and to do this via the revenue, Wal-Mart has to please their customers and ensure that they are loyal customers.
According, to the definition of what the word ethical truly means, can be explained as the measures of handling or dealing with principle or morals to obtain a reason of being right or wrong in behavior or action. Ethical decisions can influence people in a manner of being unjust or fair with any organizations or individual code of standards. Certain actions not considered acceptable when observing the rules or standards to be followed can be harmful or helpful. The ethical wrongness of not having enough registers open during the time consumers really shop can be frustrating knowing that this store has so many locations, hires so many people. Wal-Mart is doing better than many other businesses in this tough economy, but still remains to keep so many lanes closed. We wonder the specific reasons behind this continuing situation as why Wal-mart’s adage is to “Save money. Live better.” They are saving money by not having enough cashiers available during high traffic times.
The Review on Catch 22 Time Line
Catch-What? ? Catch-22 is one of the most poorly constructed, and distasteful books I've ever read. It's order of events, or lack of order, becomes clear after the very first chapter. In fact "It doesn't even seem to have been written; instead it gives the impression of having been shouted onto paper" (Stern 50). By the middle of the book it seems every character in the book has lost any sense of ...
In conclusion, the research done can hone in on how this issue affects the company as a whole. The significance of obtaining a solution to the enigma of the missing cashiers, one that will not only create more flow into the business but also adding to the bottom line. The scope is a way for Wal-Mart to focus on what is causing the issue and how to remedy it. The issue of not having enough cash lanes open when the shopping traffic starts to grow, Wal-Mart has reached a magnitude in the business world where this issue can lose them money. The feasibility of rectifying this issue is simply put when a demand is needed a supply must be met. The solution can only add to Wal-Mart’s bottom line, thus creating more jobs and more revenue for the retailer conglomerate.
References
Barringer, B. R., & Ireland, D. R. (2010).Entrepreneurship: Successfully launching new ventures . (3rd ed.).
Upper Saddle River, N.J: Pearson Education.
Dictionary.com. (2013).
Ethical. Retrieved on April 04, 2013 from http://dictionary.reference.com
Helmenstine, A. (2013). What are examples of a hypothesis?. Retrieved from http://chemistry.about.com/od/scientificmethod/f/What-Are-Examples-Of-A-Hypothesis.htm
Wal-Mart. (2012).
The Business plan on Wal Mart Future HR Recommendations
Executive SummaryThe majority of Americans have a love-hate relationship with Wal-Mart Stores Inc that at times is difficult to comprehend. The creation of Sam Walton ("Wal-Mart", 2006) has morphed into today's leader of discount retailing. The organization has faced, and is still facing, a significant amount of controversy over a number of different issues. However, none of these have done much ...
Community Giving. Retrieved on April 04, 2013 from http://corporate.walmart.com/
