Understanding Business and Management Research Methods Assignment - 2

accord Business and Management Research Methods - Assignment ExampleThese methods atomic number 18 explained and examples and illustrations atomic number 18 given in the appendices. The inform examines the limitation of ANP and AHP and also gives evidence of outdated methodologies. The report also offers a framework for future, more spacious research in the subject case and also states the limitations of the research design.This report discusses the decision making do work and methodology of sellers on how to choose a location for a retail store. It aims at pointing out the sundry(a) factors affecting the decision making process, by identifying the need for a scientific approach to the subject matter through the writings review. In the literature review, the traditional and current methodology for choosing a location are also noted and discussed. The report first-class honours degreely identifies the research questions that need to be asked and the research objectives with relation to the questions. The literature review then analyses the findings of the literature. The next part of the report is the research methodology and design which sets out the elemental approach to more extensive research on the subject. The final part is the conclusion in which the pedigree is put forward based on the results drawn from the literature analysis. This report is of extreme relevance to the retail industry, as it should be taken into account when choosing location or creating feasibility studies for opening a young retail store.Traditional methods for choosing locations, especially for retail, are a thing of the past. More comprehensive and detailed methods are required to provide more convincing results (Cheng, Li and Yu, 2005). The need for more holistic and scientific was first identified by Bowlby, Breheny and Foot (1984) who acknowledged the various pressures inflicted upon retailers on their location selection and since then in the UK, the pressures kept mounting (Hernadez and Bennisson, 2000).Craig, Avijit and McLaffertys (1984) research on selecting a