Question

In: Operations Management

Mr. Edward, the owner of several restaurants in New York, is concerned about the wide differences...

Mr. Edward, the owner of several restaurants in New York, is concerned about the wide differences in profit margins of the various restaurants. He would like to try some incentive plans for increasing the efficiency levels of these restaurants that are lagging behind. But before he introduces this, he would like to be sure that the idea would work. He sets up a meeting with all the managers and senior staff of each restaurant and asks you, as a researcher, to help him plan a research design using a triangulated approach (9)

Many thanks in advance!

Solutions

Expert Solution

Background

According to the owner of several restaurants in New York, United States of America, Mr. Edward is concerned about the differences in profit margins of various restaurants and like to offer incentive plans to the employees for increasing the efficiency levels of these restaurants which are lagging behind in profits. Before introducing the plan, the owner wants to check the stability of the idea with the managers and senior staff of each restaurant and as a researcher, I have to draft the plan or research design using the triangulated approach.

Research Design for the Analysis

In the triangulation approach, the research help to validate data resources through cross-verification and analysis from two or more sources using different instruments to increase the chance to maintain control over the threats or influences on the results. The method helps to check the consistency of the findings by using different data collection methods for the same situation. The methods may be all qualitative in nature, like structure or unstructured interviews, questionnaires, surveys, observations, and records. This triangulation approach is enriching, refuting, confirming, and explaining.

In the scenario, the data of employees have to be collected to find whether they are interested or motivated in incentive plans and if it is beneficial to increase the overall profit margin of the restaurants in New York. The triangulation approach suggests to get the proper validation of the research using a variety of methods to collect the samples of the same topic, Is the incentive plans helps the employee to increase the profit margin of the restaurants?

Ensure to cross-check the multiple data sources and collection procedures to take the samples with a valid approach and free from bias. This helps to contain the right reasons, and identify whether the incentive motivates the staff to work more to perform better for making profits to the restaurants. The two major types of approaches using in the research are (i) data triangulation, and (ii) investigator triangulation.

Below are the model interview questions, surveys, and investigator questionnaire for collecting the responses with the same intention:

Interview Questions

How much salary and benefits increase the satisfaction level in the work?

Is it training and development is adequate to derive better management skills?

How much safety and career development applicable in this role?

Is incentive on extra time motivate to work more on the management?

How much the interpersonal relationship with colleagues affect the work?

Questionnaire (Survey Questions)

Is the current salary increase the satisfaction level? (Yes or No)

Is the current benefits of the restaurant increase the satisfaction? (Yes or No)

Are you receiving adequate training in the restaurant? (Yes or No)

Is your job role demand safety in the workplace? (Yes or No)

Incentive of $10 dollar per hour motivates your work management? (Yes or No)

Is a vacation or holiday with colleagues increase the productivity? (Yes or No)

Record the discussion (Explain the question to the investigator)

How much salary makes you satisfied with your work and why?

Is it relevant to give training in your field of work?

How a benefit and overtime incentive make changes in your work style?

Is any colleague help you with financial support during the bad times?

Conclusion

Mr. Edward can take adequate decisions after the evaluation of the interviews, questionnaires, and record the discussions with the same employees with three different approaches within the restaurant. The researcher can gain adequate information about whether the incentive motivates the employee to achieve more revenue and profits to the organization. Based on the analysis, the owner can decide the level of incentives to the employees.


Related Solutions

Michael is the owner of several successful bars and restaurants in central Melbourne. Recently, Michael was...
Michael is the owner of several successful bars and restaurants in central Melbourne. Recently, Michael was invited to make a guest appearance on a new hit television show about small business success stories. For his efforts, Michael received a one-off payment of $15,000. Michael feels he should be allowed to exclude this payment from his usual business income. Required Do you agree with Michael’s conclusion? Students must give reasons for their answer. This discussion must include an analysis of the...
The New York City Department of Health and Mental Hygiene conducts regular inspections of restaurants. Each...
The New York City Department of Health and Mental Hygiene conducts regular inspections of restaurants. Each restaurant receives an inspection score, with lower scores indicating a more satisfactory inspection. Following are the scores for the most recent inspection for random samples of 25 restaurants in the boroughs of Manhattan and Queens. Manhattan: 2, 22, 23, 0, 40, 12, 37, 43, 27, 15, 24, 8, 38, 4, 17, 21, 11, 18, 13, 30, 27, 19, 38, 21, 4 Queens: 27, 18,...
The New York City Department of Health and Mental Hygiene conducts regular inspections of restaurants. Each...
The New York City Department of Health and Mental Hygiene conducts regular inspections of restaurants. Each restaurant receives an inspection score, with lower scores indicating a more satisfactory inspection. Following are the scores for the most recent inspection for random samples of 25 restaurants in the boroughs of Manhattan and Queens. Manhattan: 2, 22, 23, 0, 40, 12, 37, 43, 27, 15, 24, 8, 38, 4, 17, 21, 11, 18, 13, 30, 27, 19, 38, 21, 4 Queens: 27, 18,...
INFERENCES ABOUT THE DIFFERENCES ENGINEERS IN A LARGE CORPORATION ARE CONCERNED ABOUT THE BONUS AMOUNT CLAIMING...
INFERENCES ABOUT THE DIFFERENCES ENGINEERS IN A LARGE CORPORATION ARE CONCERNED ABOUT THE BONUS AMOUNT CLAIMING THAT THE AMOUNDS DECREASED COMPARED TO THE PREVIOUS YEAR. A SAMPLE OF n = 9 ENGINEERS WAS SELECTED AT RANDOM AND THEIR BONUS AMOUNTS FOR TWO LAST YEARS (2015 AND 2016) WERE SUMMARIZED. THE SUMMARIES SHOW THAT: (X-BAR) = (SAMPLE MEAN FOR 2015) = 4,880 (Y-BAR) = (SAMPLE MEAN FOR 2016) = 4,140 AND S = (SAMPLE SD FOR DIFFERENCES) = 1,200 (A) AT...
Mr. Preprah is the chairman of PALOO company and has become concerned about the accumulation of...
Mr. Preprah is the chairman of PALOO company and has become concerned about the accumulation of cash in hand and in the deposit accounts shown in the company's statement of financial position. The company is in the manufacturing sector, supplying engines to the auto markets in the Ghana and Africa. For the last 30 years the company has grown predominantly by acquisition and has not invested significantly in research and development on its own account. The acquisitions have given the...
Mr. Preprah is the chairman of PALOO company and has become concerned about the accumulation of...
Mr. Preprah is the chairman of PALOO company and has become concerned about the accumulation of cash in hand and in the deposit accounts shown in the company's statement of financial position. The company is in the manufacturing sector, supplying engines to the auto markets in the Ghana and Africa. For the last 30 years the company has grown predominantly by acquisition and has not invested significantly in research and development on its own account. The acquisitions have given the...
The Director/Owner is considering opening a new School in Lakewood NJ. Concerned that the cost of...
The Director/Owner is considering opening a new School in Lakewood NJ. Concerned that the cost of living in Lakewood will not allow for the hiring of employees at cost effective rates the Director/Owner has asked you to determine the rate at which new teachers should be paid to support a “living wage” in the immediate area. To support your decision, the Director/Owner has asked that you prepare a personal budget for a hypothetical employee living in Lakewood or the surrounding...
A sales manager for a company is concerned about possible differences in the popularity of his...
A sales manager for a company is concerned about possible differences in the popularity of his product in Western and Eastern Canada. In order to develop a marketing strategy, a survey of possible customers was conducted in each of these regions. West (x) Sample Size 600, Number who prefer the product 283 East (y) Sample Size 550, Number who prefer the product 218 (a) Is the product's popularity different for these two regions? Test at a = 0.05. (b) Estimate...
Shucker’s Sea Food has three restaurants as shown below. Management is concerned about the continued losses...
Shucker’s Sea Food has three restaurants as shown below. Management is concerned about the continued losses shown by Store A. They seek a recommendation from you, as a recent MBA graduate, as to whether or not the store should be discontinued. The special equipment used in each store has no resale value. If store A is closed, all employees will be discharged. For discussion: 1. What is the financial advantage (disadvantage) of discontinuing Store A? The company has no alternative...
A New York City taxi medallion, which gives the owner a license to operate a taxi,...
A New York City taxi medallion, which gives the owner a license to operate a taxi, is a valuable commodity. Medallions trade in a weekly market at about a $1M each. There are 15,000 medallions outstanding today, the same as over 75 years ago. The taxi services market is an example of monopoly-like control of competition sanctioned by government regulation -- the New York City Taxi Commission. In the New York City taxi market, suppose weekly demand for taxi trips...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT