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Thursday, April 4, 2013

Export

What is the query/decision problem? If not stated intelligibly in the case try to give a seeming problem.

The decision problem is not explicit in the case. The peck was made over the CEOS small companies to explore the firms interest in exporting to foreign markets. Considering the Government as the institution that reproducible the test, we could define the decision problem as: Should the Government pay small companies interested in exporting to foreign markets?

The research problem is to perceive logical relationships among firms attitude towards exporting, their interest in seeking governments assistance and the relation between these devil and demographics

Moreover, on that point is as well interest in the reduction of information be trough:

·         Reducing the sample size but salvage maintaining the representativeness;

·         Reducing the number of variables.

How is the information collected? Is this the only mood the data could have been collected or could you think of some other strategy to answer the research/decision problem?

The data was collected trough a survey sent to vitamin D small businesses to which only 120 responded within the first two weeks. In our opinion this data collection method is not clear and not even complete.

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There are no specifications about the representativeness of the chosen sample in the market, even on the market itself. The number of respondents in the sample (120 in 500) is also a very low number to contain a broad picture of the entire market, and could be a denotation of error. The time horizon used to receive the responses from the firms was two weeks, peradventure it could be spend more time waiting for responses, or even contact the firms to get the responses back, as the study whitethorn be of their interest.

        Secondary data should be used in this study, as there are surely numbers...

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