Secondary Data Review
Solving the Problem of Decreasing Revenues
Due to continuing instability in the stock market, the business I originally wrote about, Unit Investment Trust that was part of JP Morgan, had been losing money since 2002. Ultimately, those in charge of such decisions, chose to sell the UIT part of the business.
Over the last few years, many businesses have faced similar problems because of the recession and stagnant economy, and other businesses have gotten into trouble because of other issues.
One such company is featured in an article from the Boston Business Journal. Ultimate Parking Inc. is a Boston-based valet parking company. This company was doing well enough that it was able to spin-off another venture called premier Curbside Valet. Originally the second company did very until the curbside restrictions in the aftermath of 9/11 completely destroyed the second company. In the words of the owner and CEO, Andrew Tuchler, "It was a big hit for us...It was the first time since our inception that we had to lay people off. That was very difficult for us..." As a result of this loss, Tuchler and his managers did a complete evaluation of the company to assess its strengths and weaknesses. Not only did the remaining company grow and prosper, but a new aspect of the company's service is a consultancy arm that helps hotels around the country assess their parking strengths and weaknesses.
Another article, also from the Boston Business Journal, discusses a business that got into trouble by an entirely different means although the weakening economy was a factor, is the Waltham-based Action Environmental Inc. The new owner realized that he had a problem about six months after buying the business....
Secondary Data Review: Customer Service and Web-Based Credentials Verification Currently, two organizations known as the ECIS and the ECFMG are faced with a problem of how best to consolidate their two medical credentials validating systems. Between these two technically separate organizations, there is considerable overlap in the requirements and procedures demanded of foreign medical students to validate their credentials, but not enough at present to merge the two organizations. If the
Secondary Data Review: Customer Retention in Other Organizations The current business problem confronted by the real-world business organization in question is that of customer retention. Even after customers eagerly enter the office, brought through the door by a competent sales staff, the manner of the operations staff does not increase the customer loyalty because it provides a poor sense of customer satisfaction. How does one increase the rate of customer retention? As
The critical task then is to evaluate through critical judgment how closely aligned or far removed the original goal that the secondary data was originally created to respond to. There is also the need to evaluate the credibility and biases of the authors and publishers of the secondary data. Answering this question is also critical to keep the correct context of the secondary data as well. Above all, when
E-Groceries Primary Data Collection Secondary Data Collection Performance evaluation of the optimized supply chains McLane e-grocery Carrefour Ooshop e-grocery Logistics Optimization Structural decisions items of operations strategy in logistics Hardware of the firm Operational Facilities Operational Capacity Process technology Supply Network Infrastructure decision areas Software of the organization Planning and control Quality Organizational Structure Comparison of structural and infrastructural logistical operations management decisions Horizons Capital Investment Globalization and Logistics Optimization Logistical optimization models Challenges in e-grocery Logistics E-grocery logistical solution Store-based order picking model Figure: Store-based order picking model Store-based order picking for attended goods reception Store-based
SECONDARY DATA SOURCES 1Healthcare Research: Strengths and Weaknesses of Secondary DataThe public health issue selected for analysis is maternal mortality. The World Health Organization (WHO) defines maternal mortality as death during pregnancy or within 42 days of a pregnancy�s termination for causes related to the pregnancy�s management (Hoyert, 2022). Maternal mortality rates are measured by the number of maternal deaths in every 100,000 live births (Hoyert, 2022). In 2020, the
328). Smith boils it down to two main concerns (pitfalls) and objections to the use of secondary data in social research: a) "It is full of errors"; and b) "…because of the socially constructed nature of social data, the act of reducing it to a simple numeric form cannot fully encapsulate its complexity" (p. 328). The author offers the national Census as a perfect example of the limitations of using
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now