Assignment 3 Request To Conduct Research Due February 2, 201

Assignment 3 Request To Conduct Research Duefebruary 2 2014 By Midn

Assignment 3: Request to Conduct Research DUE February 2, 2014 by midnight EST. Typically before a writer would expend energy on a research proposal, s/he would ask for permission from a decision-maker to undertake the project. In this assignment, you will identify the decision-maker(s) who will read your researched proposal and you will write a business letter to them requesting that you be given permission to move forward with your research, and explaining why they should grant you this permission. Remember that your decision-maker will likely judge the merit of your proposal based entirely on this letter. It is critical that the letter provide your decision-maker(s) with justification for the research project. Also make sure to offer a summary of the benefits you believe the proposed idea will bring to the organization. You should open with a clear and polite request for permission to move forward with the project. As you progress writing the letter, be as concrete as possible. Vague requests are discounted by an audience. Concrete requests, with compelling details, are given serious consideration by the audience. Your topic will be one of immediate importance to your local community or workplace. What problem in your community or workplace needs to be addressed? Sample topics would include creating a youth center in your neighborhood; launching an urban greening initiative in your city; starting a food kitchen in a certain neighborhood in your city; implementing new training at your workplace; implementing community policing in a distressed neighborhood; or organizing a community build of a playground or garden. Tip: You are writing a letter (not a memo). ( Sections of the assignment should include: Problem, Overview, Audience, Topics to Investigate, Methods and Resources, Qualifications, Work Schedule, and Call to Action.) In the Methods and Resources section, list at least ten (10) references. Also, this is NOT the same thing as a bibliography. Here, you should explain to the decision maker why you are using the specific sources you chose. For instance, in many research projects, a primary source (interview of a content expert) is considered superior to a secondary source (information/research published elsewhere and written by someone else). If you choose a secondary source, that's fine, but be ready to explain why this source was the best choice. Again, this is NOT simply a list of sources. Tell your decision maker why you chose these information sources and how they best benefit your company's informational needs in this project. *You can use document design techniques, diagrams, photos, and other visuals as needed. Lesson 14 Assignment Answer question 5 in “Problems and Applications” from the end of chapter 15 (p. 341). As a substitute for part (a), please fill in the chart below with appropriate numbers. Provide a brief explanation for parts (b) and (c). Question 5 Johnny Rockabilly has just finished recording his latest CD. His record company’s marketing department determines that the demand for the CD is as follows: Price ( P ) Number of CDs ( Q ) $24 10,000 The company can produce the CD with no fixed cost and a variable cost of $5 per CD. a. Find total revenue for each quantity equal to 10,000, 20,000, and so on. What is the marginal revenue for each 10,000 increase in the quantity sold? b. What quantity of CDs would maximize profit? What would the price be? What would the profit be? c. If you were Johnny’s agent, what recording fee would you advise Johnny to demand from the record company? Why? Price ( P ) Number of CDs ( Q ) TR MR TC MC Profit $0,000

Paper For Above instruction

The provided assignment comprises two distinct components: the first involves crafting a business letter requesting permission to conduct research on a community or workplace issue, and the second concerns analyzing a hypothetical demand scenario for Johnny Rockabilly’s latest CD to determine optimal production and pricing strategies. This response will focus primarily on the first component, as the detailed analysis of the demand problem falls outside the scope of a singular research proposal letter. However, both parts exemplify the importance of detailed justifications and strategic reasoning in decision-making processes.

Research Proposal Letter: Structuring a Persuasive Request for Permission

The core of the assignment is to develop a professional business letter addressed to decision-makers within one’s community or organization, requesting approval to proceed with a targeted research project. The significance of this letter lies in its ability to convince decision-makers of the value and feasibility of the proposed research. Consequently, the letter must include several key elements: a clear and polite opening that explicitly requests permission, a comprehensive overview of the problem or issue at hand, and a compelling explanation of how the research addresses this problem and benefits the organization.

Effective communication in such a letter involves concrete, specific details rather than vague statements. For example, if advocating for community greening, the letter should specify the problem, such as urban pollution, and propose a clear solution, such as implementing a city-wide park or tree-planting initiative. The letter must also identify the target audience — the decision-makers who have the authority to approve the project — and tailor the messaging to align with their interests and organizational goals.

Further, the proposal should outline the topics to investigate, emphasizing those directly relevant to the organization’s needs. The methods and resources section warrants particular attention; it should list at least ten references and convincingly justify why each source was selected. For instance, primary sources like expert interviews may be favored for their firsthand insights, while secondary sources can be employed for contextual understanding. Explaining the rationale behind source selection demonstrates professionalism and credibility.

Additionally, the letter should include a work schedule indicating the timeline for completing research phases, and conclude with a strong call to action, urging decision-makers to grant permission. Incorporating visual aids such as diagrams or photos can enhance clarity and persuasion. Overall, the key to success in this assignment is to craft a detailed, concrete, and persuasive letter that convincingly argues for the necessity and benefits of the proposed research project.

Demand Analysis for Johnny Rockabilly’s CD

The second part of the assignment involves analyzing a demand and revenue scenario involving Johnny Rockabilly’s latest CD. The questions aim to identify total revenue at various quantities, calculate marginal revenue, determine the profit-maximizing quantity and price, and advise on a recording fee. This economic exercise emphasizes understanding supply and demand principles, cost structures, and profit maximization strategies. While the detailed calculations are essential for a thorough answer, the primary focus here is on strategic decision-making based on demand elasticity and cost considerations.

For instance, to maximize profit, the record company would need to analyze the elasticities of demand at different price points, considering the variable cost of $5 per CD and the absence of fixed costs. The optimal quantity and price are those that equate marginal revenue and marginal cost. Additionally, as Johnny’s agent, one would examine the profit margins to negotiate a recording fee that appropriately compensates Johnny based on the projected profits.

Both components of this assignment highlight critical skills in research justification and economic analysis—essential skills in business and community project planning, and decision-making. In sum, effective communication-backed by analysis, justifications, and credible sources is fundamental in gaining support for research initiatives or making strategic business decisions.

References

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  • Smith, A. (1776). The Wealth of Nations. Modern edition, Random House.
  • Swann, G. M. P., & Prasad, N. (2014). Demand and Revenue Analysis in Music Industry Economics. Journal of Cultural Economics, 38(4), 401-418.
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