Read Chapter 3 of the book Research Methods For Business: A Skill Building Approach-7TH 16. By Sekaran, Uma.
1.Then Review the following four problem statements. Select one of the problem statements, and rewrite the problem statement in a clear, concise format as described in Chapter 3.
Â·Our process for making widgets cannot fulfill the customer order requirements.
Â·The process for admitting patients takes too long.
Â·The applications for loans have too many errors.
Â·Inventory is too high and needs to be minimized.
2.Critique your own problem statement as rewritten.
3.Offer two commentaries as to why it is now a well-stated problem statement.