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    Sampling Design

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    I need to answer the questions below based on the information submitted in the paper outline.

    Background
    COMPANY X has used to be known as a well-reputed and customer centric company but during the last five decades, the sales of the company at a macro level has been observed to be falling with a considerable pace. The reason some analysts have described is the shifting of the manufacturing plants from the home country to different foreign countries like China, Taiwan and Vietnam. The reason behind the initiative of shifting manufacturing plants was to control the manufacturing costs and increase the profit margin overall but the trick didn't work as per the predictions and the overall scenario became dark.
    Research Design
    The research can be performed to assess the viability of the plan of shifting the manufacturing plants out there in different developing countries with low cost of labor and increasing demand of foreign investment. The hypothesis that this research can possibly weigh is about the cost reduction and change in profit margins of the company. The null hypothesis, thus, states as; whether the shifting of manufacturing plants has widened or narrowed the cost structure of the company against the alternative hypothesis that the current reduction in sales is not defined by the shifting of manufacturing plants in other countries.
    The variables of interest chosen for this part of study may be difficult to recognize. For the purpose, "profit margin" or the "overall revenue" of the company may be a good option for the dependent variable while the independent side will include the costs associated with shifting, hiring new labor and other such control variables to assess the whole scenario. Team D will focus on COMPANY X and conduct a business research based on descriptive and comparative cost structures about the current and previous costs of the manufacturing plants.
    Hypothesis Statement
    H0: There is no difference between the efforts of cost reduction through shift of manufacturing plants and the change in the profit margin of the company.
    H1: There exists a difference between the efforts of cost reduction through the shift of manufacturing plants and the change in the profit margin of the company.
    Research Question
    "How effective was the initiative of shifting manufacturing plants in controlling the manufacturing costs in influencing the overall profit margin of the company?" This question will allow Learning Team D to:
    • Determination of the focus and direction for the research project.
    • The different types of hypothesis enable the team to state the purpose of the research study.
    • Determination of the kind of variables to be taken into account for the accomplishment of the research.

    Conclusion
    In business management will be faced with uncertainties in their decision making. COMPANY X's plan to increase profits by shifting their manufacturing operations to foreign countries was unsuccessful. Team D will focus on COMPANY X and conduct a business research plan restructuring COMPANY X's plan to increase profits.


    Reference

    Opsmgt.edublogs.org,. (2012). Nike Operation in Vietnam | Operations Management & Business Issues in Today's Competitive Environment. Retrieved 11 September 2015, from http://opsmgt.edublogs.org/2012/06/28/nike-operation-in-vietnam/
    Copper, D, & Schindler, P (2014) Business Research Methods (16th ed) McGraw-Hill Irwin Companies, Inc, NY

    Please help me to answer these questions in a word document:
    Write a 350- to 700-word paper using the scenario and two variables your learning team developed for the Week 2 Business Research Project Part 1 assignment, in which the goal is to submit a random sampling plan in such detail that another researcher could replicate the method.

    Discuss the following:
    •Population and size
    •The target population and brief reasoning
    •Sampling element which may be conducted through any of the following:
    ◦Data mining
    ◦Survey (If a survey is chosen, create a 5-10 question document), or
    ◦Observation
    •The sample size
    •Method of random sampling which may include:
    ◦Simple
    ◦Stratified
    ◦Systematic
    ◦Cluster

    Calculate the sample size for the mean or sample or sample size for the proportion, using a 95% confidence level, estimated population standard deviation or estimate of the true population proportion, and a 5% margin of error. Place the calculation in the Appendix.

    Discuss how validity and reliability will be achieved.

    If applicable, explain how human subjects will be protected.

    Part 2: Data Collection

    Explain how the data will be physically collected.

    Explain where data will be stored and how it will be protected.

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    https://brainmass.com/statistics/sample-size-determination/sampling-design-611025

    Solution Preview

    The calculation part of the assignment can only be done when the data or some figures are given. The calculations of 95% confidence level, estimated population standard deviation or estimate of the true population proportion, and a 5% margin of error will be calculated for some data and figures given. Further, I have discussed about validity and reliability and it is also explained that how human subjects will be protected. I hope this will be sufficient to address your comments.
    Thank you.

    The response addresses the query posted in 780 words with APA references

    //The process of hypothesis testing includes the use of appropriate data collection methods, sample size and sampling methods. The questions related to population, sample and sampling methods are being answered in the below section.//

    The two variables of interest are independent and dependent variables. The 'profit margin' or 'overall revenue' of the company may be considered as dependent variables, whereas the independent variables are 'the costs associated with shifting', 'the costs associated with hiring new labor' and other such control variables to assess the whole scenario. Further, the hypothesis testing is given below:

    H0: There is no difference between the efforts of cost reduction through the shift of manufacturing plants and the change in the profit margin of the company.
    H1: There exists a difference between the ...

    Solution Summary

    The expert examines sampling design. The response addresses the query posted in 780 words with APA references.

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