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Researh And Design

Submitted by joemom on January 22, 2008

Category: Miscellaneous
Words: 1374 | Pages: 6
Views: 1115
Popularity Rank: 5,129
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Running Head: RESEARCH AND DECISION MAKING

Research and Decision Making Assignment

University of Phoenix

Managerial Decision Making MBA/510

CoffeeTime Research and Decision Making
CoffeeTime is a chain of coffee bars which has experienced significant success in North America and in Asia. This business features a variety of the world's finest coffee beverages and snacks. CoffeeTime is planning to expand operations in India. The organization lacks important demographic and market information on Southern Asia. CoffeeTime faces significant challenges which include target cities, target segment and the expected revenue per outlet. This paper discusses the types of data, limitations of data obtained and analysis of existing secondary information which CoffeeTime will use to make effective business decisions.
What does CoffeeTime Really Know, and What might CoffeeTime Learn from More Research
What does CoffeeTime truly know about the various locations in India? At first not much as they are customizing their research model to answer the following questions: "Which city or cities should Coffee Time enter, who is the target segment, what is the expected revenue per outlet" (University of Phoenix, 2002). Some of the facts that CoffeeTime knows about India is that they are "one of the most powerful economies in South Asia, India's economy is based on a mixture of village farming, modern agriculture, information technology, and a wide range of manufacturing industries" (University of Phoenix, 2002). CoffeeTime also knows that "recent industrial and investment reforms have provided new opportunities for Indian business persons and an estimated 100 million to 200 million consumers. India has a strong entrepreneurial class and a central government that recognizes the continuing need for market-oriented approaches to economic development" (University of Phoenix, 2002)....

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