Research Problem and Questions
From this research problem, there is a need to identify the best approaches that people should use to accomplish their desired goals and objectives in the business environment. Even though there is a ready market in the specified location, there is a need to approach the business environment with a unique proposition that will discourage other investors from pursuing the market. Likewise, the spending power of the target consumer group will largely influence the nature of outcomes in the business environment.
Conducting market research to identify the challenges that hinder individuals from doing business in the location is important. In this regard, identifying the challenges will not only influence the decision-making process of the business entity but also enhance the perspective towards doing business in the premise. Besides, the consumer spending power should influence the nature of products stocked in the tuck shop. By developing solutions to these concerns, it becomes easier to approach the market and achieve desired outcomes.
The introduction of a tuck shop in the learning premise will yield favorable outcomes because of the availability of a ready market and demand for fast moving consumer goods. Establishing a business entity in this environment will create business opportunities for the tuck shop because of its ability to introduce individuals to access products and services at their convenience.
It is largely believed that the students’ disposable income will originate from their upkeep money or from working in multiple jobs within the learning institution. To supplement their income streams, many students may be involved in home delivery programs or work a certain number of hours for the school’s facility to raise their disposable income. Some of the products that should be stocked in the tuck shop include self-care commodities, snacks, and other fast moving consumer goods because of the unpredictable purchasing patterns.
The purpose of this survey is to understand how the average student spends their time outside the classroom context. Accessing this information will help with the study to develop findings that can guide individuals into making informed business decisions. In the same vein, your correspondence will play a critical role of examining the viability of setting up a tuck shop in the learning premise and the type of products that should be stocked to promote a certain level of convenience that benefits the consumer. Your input will be largely acknowledged. Thank you for taking your time to participate in this study.
The Link Between the Questionnaire and Research Questions
The questionnaire and the research questions are closely linked and guided by the position adopted by the hypothesis because of its impact on developing informed business decisions in the market. With the hypothesis acting as a bridge for both the questionnaire and research questions, the study will focus on developing appropriate decisions to benefit from the ready market for different consumer goods.