Data Analysis Initiative Proposal Management Research Proposal (Research Proposal Sample)
The TASK WAS ABOUT THE IMPORTANCE OF DATA ANALYSIS TO wAL-maRT rETAIL COMPANY. tHE SAMPLE IS A RESEARCH PROPOSAL BASED ON THE TOPIC.
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DATA ANALYSIS INITIATIVE PROPOSAL
By [Student’s Name]
[Institution]
[Instructor’s Name]
[Subject]
[Date]
Executive summary
Series of companies in the retail industry consider data analysis initiative as an affirmative foundation for the determination of progressive economic performance, overall productivity and profitability of a firm. On the same note, data analysis plays a very important role in the assessment and consumers needs and expectations. The report considers Wal-Mart Company as one of the most relevant organizations that have applied effective data analysis initiative to maintain its economic success and gain sustainability in the recent past. The report captures Walmart Company as a multinational retail organization that embraces the essentiality of data analytics as a determinant for a competitive advantage in an economy that relies on e-commerce business.
Besides, the report evaluates the business models considered by Wal-Mart Company that dwells on the low cost and low price initiative in a bid to stay competitive within the most dynamic business (Aloysius, Hoehle, Goodarzi & Venkatesh, 2018). Furthermore, the report discusses both the usefulness and limitation of data analysis in the retail industry. The report also discusses and analyses the significance of data analysis in the retail industry by detailing the real-time performance of Wal-Mart organization in the retail industry. The report concludes with several recommendations regarding the essentiality of data analysis in the retail industry, especially through the consideration of Wal-Mart Company as a competitive player in the retail business.
Table of Contents TOC \o "1-3" \h \z \u Executive summary PAGEREF _Toc535937917 \h 21.0 Introduction PAGEREF _Toc535937918 \h 41.1 Background PAGEREF _Toc535937919 \h 41.2 Problem Statement PAGEREF _Toc535937920 \h 51.3 Research Aims and Objectives PAGEREF _Toc535937921 \h 62.0 Evaluation PAGEREF _Toc535937922 \h 72.1 The Model Approach used by Wal-Mart Company PAGEREF _Toc535937923 \h 72.2 Usefulness of data analysis in retail industry PAGEREF _Toc535937924 \h 82.3 Limitations of Data analysis in the retail Industry PAGEREF _Toc535937925 \h 83.0 Discussion and Analysis PAGEREF _Toc535937926 \h 93.1 Main Data Analysis Issues PAGEREF _Toc535937927 \h 93.2 Impacts of Data Analysis on the Company Aspects PAGEREF _Toc535937928 \h 104.0 Conclusion and Recommendation PAGEREF _Toc535937929 \h 13References List PAGEREF _Toc535937930 \h 15
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