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1. INTRODUCTION Davis (2005,p. 16) has defined business research process as a set of operations that aids the researcher in the systematic gathering, recording, and analysis of data to help solve decisison- making problems. This paper will illustrate how business research process is used in order to know whether it would be feasible for a client (Tesco Stores Malaysia) to introduce its own branded chilli sauce to the Malaysian consumers. In order to gauge the feasibility of this idea (i.e. introduction of new product to the market), we need to conduct a feasibility study for Tesco. Feasibility studies are analysis efforts that apply the disciplines of market research and statistical analysis to understand the competitive environment with the objective of enabling organizations to make sound decisions about improvements and new ventures. According to Nykiel (2007, p.134) feasibility study is a sub-category of the generic business research which means that its process is a subcategory of the business research process in general. However, Nykiel cautioned that given the individuality of business sectors and market segments, it is good practice for each project/development to have a tailored feasibility study process. In other words, researchers may give emphasis and depth on critical areas of a particular project. According to Nykiel further, there are a number of areas that almost all research processes and techniques must address in any business project. Some of these areas that are usually profiled in business research are dynamics of the market, competition, supply and demand and major economic/financial issues. In order to conduct the feasibility study for Tesco, we will conduct a business research process that will consist of four steps namely problem identification and research question formulation, reviewing relevant literature, research philosophy, approach and research design and finally data collection method.

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  • 1. INTRODUCTION

    Davis (2005,p. 16) has defined business research process as a set of operations that aids the

    researcher in the systematic gathering, recording, and analysis of data to help solve decisison-

    making problems. This paper will illustrate how business research process is used in order to

    know whether it would be feasible for a client (Tesco Stores Malaysia) to introduce its own

    branded chilli sauce to the Malaysian consumers. In order to gauge the feasibility of this idea

    (i.e. introduction of new product to the market), we need to conduct a feasibility study for

    Tesco. Feasibility studies are analysis efforts that apply the disciplines of market research and

    statistical analysis to understand the competitive environment with the objective of enabling

    organizations to make sound decisions about improvements and new ventures.

    According to Nykiel (2007, p.134) feasibility study is a sub-category of the generic

    business research which means that its process is a subcategory of the business research

    process in general. However, Nykiel cautioned that given the individuality of business sectors

    and market segments, it is good practice for each project/development to have a tailored

    feasibility study process. In other words, researchers may give emphasis and depth on critical

    areas of a particular project. According to Nykiel further, there are a number of areas that

    almost all research processes and techniques must address in any business project. Some of

    these areas that are usually profiled in business research are dynamics of the market,

    competition, supply and demand and major economic/financial issues.

    In order to conduct the feasibility study for Tesco, we will conduct a business

    research process that will consist of four steps namely problem identification and research

    question formulation, reviewing relevant literature, research philosophy, approach and

    research design and finally data collection method.

  • 2. PROBLEM IDENTIFICATION AND RESEARCH QUESTIONS FORMULATION

    Most business research process in the literature follow a linear, sequential steps with one

    specific steps preceding another. Blumberg et. al. (2008) in the leading textbook for business

    research methodology course, Business Research Methods (McGraw-Hill, 2008) describes

    such a linear process and the importance of formulating precise definition of the research

    question. According to Blumberg et. al. (2008,p.57) business research process begins with

    formulating a precise definition of the research question. According to Blumberg et. al.

    further the research question of the business research process must be practical in the sense

    that it has to be connected to an existing problem faced by the management. However, in

    order to come up with a precise research questions, one must start with problem identification

    first.

    According to Hair et. al. (2011,p.283), problem identification is the first step that must

    be carried out in the first phase (i.e. formulation phase) of business research. Cooper and

    Schindler (2001 cited in Coldwell & Herbst, 2004,p.29) suggested that a useful way to

    formulate a research question is to do the following :

    Firstly, discover the management dilemma by identification of either a problem or an

    opportunity. At this early stage, in all probabilities the management will have identified

    symptoms rather than problems or opportunities proper. As such at this stage, Cooper and

    Schindler suggested that published information source being reviewed and information

    gatekeepers are interviewed to understand true management dilemma and not just the

    symptoms at the surface.

    Secondly, define the research question by using exploratory information collected.

    Cooper and Schmidt (2001,p.63 cited in ) state that guided by the collected exploratory

    information, the researcher drafts the dilemma or the correction of the symptom in question

    form usually starting with, How can the organization......?.

  • Thirdly, at this stage, several research questions may be formulated. Each question

    should consist of alternative action that the management might take to solve the problem.

    Alternatives are usually evaluated in order for the management to select the most plausible

    action or the one that offers the greatest gain using fewest resources.

    Following the above, in the context of Tesco the researcher must ascertain first what

    is the problem associated with the feasibility of introducing Tesco-branded chilli sauce in

    Tesco stores nationwide. This research proposal (based on exploratory observation of the

    researcher regarding chilli sauce available in Tesco) proposed that the problems associated

    with this action are as follow :

    1. Tesco branded chilli sauce may not appeal to consumers because of the availability of

    other chilli sauce with strong brands e.g. Maggi.

    2. Tesco branded chilli sauce may suffer in term of quality since the its production will

    be outsourced to a third party.

    3. Tesco branded chilli sauce may cannibalized other brands of chilli sauce being sold

    on the same shelves in Tesco stores, which is not the intention of the management in

    introducing the Tesco branded chilli sauce.

    Based on the above problems, this research proposal formulated three research

    questions to be answered by the proposed feasibility research namely :

    1. How can Tesco-branded chilli sauce compete with other chilli sauce with strong

    brand but not to the extent that the Tesco branded chilli sauce cannibalized other

    brands of chilli sauce being sold on the same shelves in Tesco stores?

    2. What is the suitable price range of the proposed Tesco branded chilli sauce?

    3. How can Tesco control the quality of the proposed Tesco-branded chilli sauce since it

    will be manufactured by a third party?

  • The decision on whether Tesco decision to introduce its own brand of chilli sauce is

    feasible or not will largely depend on the positive answer for the above research questions.

    3. LITERATURE REVIEW

    3.1 Introduction

    Bringing a product from conception of idea to market quickly is a prerequisite for

    acquiring competitive advantage in nowadays fiercely competitive business environment.

    This part will survey several literatures relating to the importance of conducting a feasibility

    study before launching a product in order to give understanding to readers on this subject.

    3.2 The review

    As has been said above, launching a new product to the market in the shortest time

    possible is critical for todays business to stay competitive. But this does not mean that

    feasibility study can be dispensed with. Feasibility study is an analysis effort that applies the

    disciplines of market research and statistical analysis to understand the competitive

    environment and enables an organization to make sound decisions about improvements and

    new ventures. The most effective feasibility study systematically collect and analyze data

    about the market its trends and threats- to facilitate business decision making process (Hass,

    2008).

    Hass (2008) surveyed several definitions of feasibility study among them are

    feasibility study is a likelihood study- a way to determine if a business idea is capable of

    being achieved and an examination of a particular project or business to assess its chances

    of operating successfully, before committing large amount of money to it. Hass (2008)

    considers several other definition but conclude that all these definition have a similar

    emphasis i.e. feasibility studies consider a business problem or an opportunity and potential

    solutions before the project is being implemented.

  • Feasibility studies is important since it is among the first step carried out in new

    product development and launching. According to Clarkson and Eckert (2005,p. 327),

    product development process involves a number of stages, including feasibility study, design,

    development, production, distribution, operation and recycling. Starting with a product idea

    or market need identified during the feasibility study, the decision taken by the design team

    will determine the quality and characteristics of the product that will eventually be produced

    and sold. The future commercial success of such product is fundamentally dependant on the

    correctness or otherwise of this decision. As such, the earlier in the product development

    process that an error is identified , the lower the cost to rectify it. Correspondingly, errors

    identified when the product already goes into production will be costly and time consuming

    to rectify. Thus the importance of feasibility study.

    In order to conduct a feasibility study, researcher must have recourse to various

    business research methodologies as laid down by academician in the business studies field.

    Among this methodologies are those formulated by Blumberg et. al.(2008) discussed in

    chapter two above.

    Nowadays the lines between disciplines ( in particular between business and other

    disciplines) are getting blur everyday as the reality of the days can no longer afford a very

    distinct specialization between disciplines. For examples, researchers and scientists in

    Malaysian government research institutions and lecturers (who are involved in research

    activities) in Malaysian public universities are encouraged to commercialize their research

    findings (i.e. bringing their research findings from the lab to the market). In other words,

    researchers, scientists and lecturers (who are used to conduct scientific research) now are

    required to assume the role of businessmen and businesswomen and conduct a business

    research.

  • The situation depicted in the preceding paragraph calls for a research process which is

    common to all disciplines. This is the basic premise of a working paper by Bukova (2009).

    According to Bukova (2009, p.1), research activity, as a systematic enquiry leading to the

    construction of new knowledge is not the exclusive domain of the scientific realm. In fact, it

    is an everyday occurrence research is carried daily by each individual. However, the quality

    that separates research by laymen and scientific research is that the latter follows particular

    guidelines and procedures to ensure the quality of the research results.

    In her working paper, Bukova (2009) compared several research processes as

    employed in several disciplines (behavioural science which includes business- and design

    science) and attempt to come up with a general research process applicable across disciplines.

    Bukova (2009,p.12-15) concludes that a general research process which is applicable across

    disciplines is plausible. Her General Research Process (which is represented in a cyclical

    continuum) is described in the following steps (the steps are not strictly sequential in that

    some steps may precede another and the post-results steps 7,8 and 9 may be omitted

    depending on the situation) :

    1. Generation of ideas based on practical problems faced by the researchers.

    2. Developing and refining the idea into a precise research problem.

    3. Defining the research procedures i.e. before the research is carried out the procedures

    and the methods of the research must be defined beforehand. Bukova noted that there

    is consensus in the research literature that call for the writing of a research proposal

    that will serve as a plan for researchers executing the research.

    4. Search for funding to fund the research, though in some case this would be the first

    step i.e. idea generation can be influenced by available funding.

    5. Execution of the planned research procedures (step 3 above).

    6. Evaluation of the research findings.

  • 7. Applying the research results to the problem.

    8. Publishing of the results.

    9. Communicating (formally or informally) with other scientists regarding the results as

    a way for the researchers concerned to contribute back to the knowledge base of

    his/her discipline.

    However Bukova (2009,p.17) cautioned that such general research process essentially

    describes individual research and further refinement of the process is necessary if it is to be

    applied to collaborative research.

    A somewhat non-academic and industrial treatment of business research process is

    provided Moskowitz, Porretta and Silcher (2005,p.380). According to Moskowitz, Porretta

    and Silcher (2005,p.380), current food product development adopted a stage-gate system

    which comprises a structured method to bring new products into the market consisting of 6

    steps, of which feasibility study is an integral part. The six steps are as follow ;

    1. Opportunity identification : this stage involves identifying consumer needs which is

    still not met by the business.

    2. General feasibility study : the objective of this stage is to discover whether the

    needs/ideas identified by consumers represent a feasible business opportunity for the

    company and whether the ideas are in line with the business strategies of the company.

    3. Systematic concept evaluation and optimization : this stage involves systematically

    testing varied concepts (of the proposed new products) with consumers, with the goal to

    create concept models, which will reveal what particular elements in the concepts/prototypes

    drive acceptance.

    4. Feasibility analysis : at this stage, relative to the concept product these two questions

    need to be answered : a) can we make it and b) can we make money out of it.

  • 5. Product development : This stage takes the idea from concept into reality and has

    various sub-stages, which include prototype development, sensory testing of prototypes, and

    determination of the final formula.

    6. Commercialization : this stage involves two steps i.e. production scale up and product

    launch.

    3.3 Synthesis of the literature review

    From the literature reviewed it is clear that business research process is an integral part in

    product development and launching. Business research process which is employed to gauge

    the feasibility of new product is known as feasibility study. Feasibility study can be carried

    out either employing quantitative approach, qualitative approach or mixed method approach.

    Business research is not the sole exclusive domain of academicians, instead it is also carried

    out pragmatically by the industry.

    4. RESEARCH PHILOSOPHY,APPROACH AND DESIGN

    A research design provides a framework for the collection and analysis of data (Bryman and

    Bell, 2007,p.40). There are many frameworks which exist for designing a research proposal.

    This research proposed to design the research according to the mixed method approach.

    Mixed method approach is the combination of quantitative and qualitative approach.

    The philosophy underlying the choice of mixed method approach in carrying out this research

    is that because one data source may be insufficient. By doing a mixed approach research, this

    research will benefit from both approaches. According to Creswell and Clark (2011,p.8),

    there are several ways in which one data source may be inadequate for example one type of

    evidence may not tell the complete story, or the researcher may have doubt in the ability of

    one type of evidence to address the problem. Further, the results from the quantitative and

  • qualitative data may be contradictory, which could not be known by collecting only one type

    of data. It is because of these shortcomings of single method approach that the researcher

    proposed the Tesco chilli sauce feasibility study is carried out by using mixed method

    approach.

    Essentially, quantitative approach describes, infers and resolves problems using

    numbers. It put emphasis on the collection of numerical data , the summary of the data and

    the drawing of inferences from data (Coldwell & Herbst, 2004,p.15). Measurement is very

    critical in quantitative approach and factors that cannot be quantifiable such as feelings, value

    and beliefs are in general not included in quantitative approach unless a specially designed

    scales are constructed for this purpose. As such, where it is difficult to describe something in

    numerical terms, the researcher must resort to qualitative technique (Coldwell & Herbst,

    2004,p.15).

    Hair et. al. (2011,p.283-p287), describes the qualitative business process which

    consist of three post-data collection steps or phases as follow :

    1. Data collection phase : refer to the process of obtaining data through several data

    collection method such as survey, observation, interviews and going through archival

    data.

    2. Data reduction phase : data reduction refers to the process of selecting, focusing,

    simplifying, abstracting and transforming the collected data into field notes and

    transcriptions. The data reduction phase involves process that requires the researchers

    to exercise his/her discretion on what should be emphasized, minimized and

    eliminated from the data that he/she already collected. The objective of this phase is

    to reduce irrelevant data without eliminating anything that is relevant to the study.

    3. Data display phase : the second step in the process of qualitative data analysis is data

    display. Data display is a process which is more specific than data reduction in that it

  • involves organizing the information in a way that facilitates the researchers to come to

    a conclusion. Example of displays are charts, table or diagrams that enables the

    researchers to list, define or link themes that are central to the research. Tables of

    verbatim (words) which represents themes and sub-categories of themes are a

    common way of displaying data in qualitative analysis. A second prominent data

    display device in qualitative research is a flow chart or conceptual model.

    4. The third post-data collection step or phase is drawing conclusions and verifying their

    accuracy through cross-checking. Drawing conclusions entails the researcher to

    decide what the identified themes and patterns mean and how they help to answer the

    research questions. Verification involves checking and rechecking the data to ensure

    the initial conclusions are credible.

    5. DATA COLLECTION METHOD

    In the proposed research, the researcher will collect data using quantitative instruments i.e.

    semi structured survey form containing questionnaire which asked respondents (Tesco

    customers) the following questions:

    1. Which brand of chilli sauce which they like most and why.

    2. What is the ideal characteristics of a chilli sauce.

    3. If Tesco introduce a Tesco branded chilli sauce, would they buy it or not and the

    reason for their buying or not buying the Tesco branded chilli sauce.

    4. If Tesco introduce a Tesco branded chilli sauce, what is the price range that they are

    comfortable with.

    5. Will they regard Tesco branded chilli sauce as low in quality compared to chilli sauce

    of other brands.

  • The researcher will also collects qualitative data based on in-depth interviews of focus groups

    (i.e. Tesco customers) to see if the two types of data show similar results but from different

    perspectives. Data collected will then be analyzed in order to frame an answer to question 1

    and 2.

    This mixed approach will also be used to collect data with regard to question 3. For

    question 3, a statistical analysis (quantitative approach) will be carried out to ascertain how

    many contract manufacturers are available in Malaysia which can offer the service of chilli

    sauce contract manufacturing. After that, the researcher will follow up with a qualitative data

    gathering exercise by visiting the premises of several selected contract manufacturers to

    identify level of cleanliness and other aspects of good manufacturing practice.

    6. CONCLUSION

    This proposal shows the justification to conduct a feasibility study before the Tesco branded

    chilli sauce is launched by Tesco.The feasibility study is part of business research process

    which is a set of operations that aids the researcher in the systematic gathering, recording,

    and analysis of data to help solve decisison-making problems (2000,p. 16). It has several

    frameworks (i.e. guidelines on how it should be carried our). Among the popular frameworks

    are quantitative approach, qualitative approach and mixed approach. Business process has

    several methodologies but most of them begins with problem identification and research

    questions before the researcher embark on data collection activities, data analysis and

    conclusion. It is an integral part of the business research process and cannot be dispensed

    with.It is therefore hoped that the proposed research will be carried out to gauge whether the

    Tesco branded chilli sauce will be successful in the market.

  • REFERENCES

    Blumberg, B., Cooper, D.R. & Schindler, P.S.(2008). Business Research Methods.2nd Edn.

    New Jersey : McGraw-Hill

    Bryman, A. & Bell,E.(2007). Business research methods. New York : Oxford University

    Press

    Bukova, H. (2009). "Research as a Process: A Comparison between Different

    Research Approaches," . Sprouts: Working Papers on Information Systems,

    9(29).Retrieved from : http://sprouts.aisnet.org/9-29

    Clarkson, J. & Eckert, C.(2005).Design process improvement: a review of current

    practice.London,UK : Springer Verlag London Limited

    Coldwell,D. & Herbst,F.(2004). Business Research. Cape Town, South Africa : Juta &

    Co.Ltd.

    Creswell,J.W. & Clark, V.L.P.(2011). Designing and Conducting Mixed Methods Research.

    2nd Edn. Thousand Oaks, CA : SAGE Publications Ltd.

    Davis, D.(2005). Business research for decision making.6th Edn. Belmont CA : Thomson-

    Brooks/Cole

    Hair, J.F., Celsi, M.W.,Money,A.H.,Samouel,P. & Page,M.J. (2011). Essentials of Business

    Research Methods.2nd Edn. Armonk, NY : M.E. Sharpe, Inc.

    Hass, K.B. (2008). The business analyst as strategist: translating business strategies into

    valuable solutions. Vienna, VA : Management Concepts

    Nykiel, R.A.(2007). Handbook of Marketing Research Methodologies for Hospitality and

    Tourism. Binghamton, NY : The Haworth Hospitality and Tourism Press.

  • Moskowitz, H.R., Porretta, S. & Silcher, M.(2005). Concept research in food product design

    and development.Iowa : Blackwell Publishing Professional