Question

Discribe one non school related cirumstance in wihich your curiosity led to you conducting research. What resorce did u use? What were you trying to find out? How was what you found better than what you found? How does this relate to how you approach schoolwork?

Answer 1

I was just passed out my MBA then. At that time there was a famous Television Brand which was having the highest market share. But that Brand could not sustain long in the market and soon closed down its manufacturing .I was deeply influenced by that incident and was very curious to know what happened to that Brand and why the Brand exited from the market after short span of time.

Then I decided to do a research on that particular brand of Television. I decided to use primary Data Sources to find out the reasons for downfall of that Television Brand. The reason behind selection of Primary Data source was that I was pretty sure that I would get enough materials and documents to complete the study.I jotted down numerous Research questions pertaining to the Television Brand and tried to get the answers .Some Research Questions were as follows-

1. How big is the Television Market and how many television set manufacturers are there to cater the needs of domestic market?
2. What was the market share enjoyed by that particular Brand?
3. Does that Brand has depth in Product line and how well it is equipped to face market competitions
4. What are the factors responsible for the downfall of that Brand?

After gathering the required information about that TV brand and the TV Industry as a whole, I analysed the gathered information and arrived in a conclusion. The results were better than t what I was expecting. Really It provide me Depth knowledge about the Industry and Dynamics of TV Market.

Really the research expeience gained by this method helped me a lot in my school related work also. Now I am very confident and focussed to do any kind of school assignment.