Business Scenario Supposed you owned a jewellery store in Melbourne, Victoria. You are considering opening a second store just like your current store. You are undecided on whether to locate the new store in another location in Melbourne or open the second store in Adelaide. Go to the Australian Government Census website plus use other internet research sites relevant to this question to source information on population, demographics, income, competition etc. Questions Q1. Why would you decide to have research done before making a decision? Using the information you have sourced on-line: Q2. Explain 4 issues relevant to this jewellery business. Q3. How does product oriented, production oriented and marketing oriented research relate to this business. Is this relevant to the business decision? Q4. What are the constraints that may determine whether this research is conducted. Q5. Explain the 7 steps of the Scientific Method.
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