Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In this section you should analyze and report on main findings based on the questions you chose to ask your participants. When analyzing your graph

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

In this section you should analyze and report on main findings based on the questions you chose to ask your participants. When analyzing your graph keep in mind what does the data mean for the participants like their wants and preference and how it should be implemented into your business idea. Please use visualisations (graphs, tables, other visuals) in your report. Ensure you address: (i) Analyze graphs 10, 11 and 12 together as a whole. What are the implications of the results? What does it mean for the participants and how it aids in your business idea.

(ii) Follow the reference strictly when reporting results. Important Information:

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
In an article written by Kohl (2019), he stated that a well-designed office creates a less stressful and more productive environment. It is critical to take into account the physical working environment. People need to feel at ease and tranquil in their physical work environments in order to perform their best work. An individual's immediate surroundings where he does his task is a major influence of the quality of their work and their degree of productivity. Improper surroundings present dangers that make the working environment dangerous and reduce one's productivity. As a result, the workplace requires an environment in which an individual may work without interruption. An efficient workplace must provide an environment in which the desired goals can be attained comfortably (Satyendra, 2019). Thus, our research focuses on the placement of Station booths/Nap- Work Pods at various MRT stations. The questionnaire was created to investigate the viability of station booths at MRT stations. The survey had 43 participants who were required to answer 20 questions. Google Forms was used as a platform. The questionnaires were sent via various social media platforms such as WhatsApp, Telegram, and Instagram. The station booth aims to cater to the needs of the people who used the MRT as their mode of transport. The information gathered will be used solely for academic reasons. The questionnaire focuses on a business concept to determine whether station booths might operate in MRT stations in order to practice working whenever, anyplace, and taking breaksaps. Each booth is outfitted with a desk, sofa, power outlet, and free Wi-fi. Users will like the fact that the cubicles are also soundproof. The overall response rate is 86% as we sent out around 50 questionnaires and got back 43. Based from the results, majority of the respondents who answered this questionnaire ages from 16 - 30 years old (79.1%) while others who answered ages 46 and above (14%) and 31-45 years old (7%). Most of the participants would utilize the Nap-Work Pods at least 1 to 2 times a week (58.1%) while others would use it 3 - 4 times a week (30.2%) and 5 - 6 times a week (11.6%). The most suitable and budget-friendly rate of the Nap-Work Pods is deemed to be $5-$10 per hour (60.5%) while others would want it to be a donation only rate (32.6%) and the remaining voted for $11-$20 per hour (7%). Since 37.2% of the sample population travel via MRT every day, 32.6% of the respondents want each MRT station to at least have 3 Pods while 27.9% voted for at least 4 - 5 pods and the remaining 11.6% voted for 2 pods. Other services were also suggested to be included in the Nap-Work Pod such as: a snack shelf (51.2%), drinks (39.5%) and others such as light music and comfort (9.2%). The 2 top choices for the respondent's preferred passcodes were a pin (sent via SMS) and QR codes. In terms of the nap area, 53.5% prefer to have loft seats and 46.5% would rather have a micro bed. In addition, 79.1% wants to have an individual remote for the air conditioning of each pod while 20.9% wants to have an office-controlled air conditioning. Lastly, the Nap-Work Pods is deemed interesting to the commuters since it gives commuters a time to rest amidst their travel, it is convenient to a lot of commuters, and enables commuters who have rush meetings or online classes a peaceful place to conduct such. On the other hand, despite the positive feedback, 51.2% of the respondents stated that they would not get work done while travelling via MRT because they would rather work at home while 30.2% stated that they have WIFI at home and 13.8% voted for other reasons such as confidentiality, inconducive work environment, too crowded, no tables, cannot concentrate and is inconvenient. The remaining 4.8% is in favour of working at Nap-Work Pods than working at home. All these information portrays the feasibility of station booths at MRT stations.What other services would you want, in the Pods? 43 responses Snacks shelf 39.5% O Drinks O Nothing else, otherwise would be a distraction for me, personally Light music Comfort n cleanliness 51.2%What type of doors will you prefer? 43 responses . Transparent doors . Remote adjustable frosted level . Frosted doors . Opaque doors What kind of pass codes would you more likely prefer to have? 30 - 1st choice - 2nd choice - 3rd choice - 4th choice 20 10 Pin (sent via SMS) Your Name as the pass code QR codes log in Mobile Application check in Figure 2.1 Have you heard of the term Home Figure 2.2 Have you tried Home Meal Meal Replacement before? Replacement products before? 20% 28% 72% BOX Looking at the above 2 figures, we can derive that the participants are not very aware of the concept of HMR and even more so HMR products, only a minority have tried the products which are all meal kits from 7- Eleven as elaborated in the questionnaire. With this data, it is evident that we will have to raise awareness for HMR and a substantial amount of marketing will be required in order to achieve that. Figure 3.1 Please indicate your response to the below statement: I am Figure 3.2 How much would you be willing to spend on a Home Meal willing to purchase a product if it will effectively reduce the meal's Replacement product from a restaurant (per person]? preparation time with easy instructions. Strongly Agree Agree Neutral Disagree Strongly Disagree 51 -510 $11 -$20 $21 - $30 $31 -540 $41 -$50 $50 The data collected in figure 3.1 shows that 66.6% of the participants are open to the idea of trying out HMR products should it be available in the market. Also in figure 3.2, we gave the participants the option of open-ended and input any amount that they think is suitable.An from this question, we can derive that 90.7% of the participants are willing to pay an amount of $1 - $30 for a HMR product which is very reasonable as a meal served in a restaurant is typically around $15- $20 per person. However, most participants has opted for an range of $1 - $10 and this is a very low range which would serve as difficulty in producing this product and hence, to further confirm this result, it is best to further collect more data in a more detailed format with the specific prices for a product so that we will be able to understand the acceptance price range that people would be willing to pay for an HMR product

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Operations and Supply Chain Management

Authors: Cecil B. Bozarth, Robert B. Handfield

5th edition

134740602, 134740912, 9780134692869 , 978-0134740607

More Books

Students also viewed these General Management questions