Business Decision Making Purpose Of Assignment
Business Decision Making purpose Of Assignment the Purpose Of This Assig
The purpose of this assignment is to provide students the opportunity to demonstrate mastery of their ability to apply statistical concepts to business situations to inform data-driven decision-making. Students will identify the organization, problem, research variable, methods for collecting data, and show mastery of validity and reliability as applied to data-collection methods.
Identify a business problem or opportunity related to the AMERICAN AIRLINES / US AIRWAYS MERGER. This problem or opportunity should be such that gathering and analyzing data will help better understand it. Select a research variable within this problem or opportunity that can be measured through data collection.
Consider methods for collecting a suitable sample of qualitative or quantitative data for the chosen variable. Reflect on how you will determine if the data collection method is valid and reliable.
Develop a 1,000-word analytical report that describes the company, outlines the problem, and identifies the variable. Include the following sections:
- Identify the name and description of the selected company.
- Describe the problem at that company.
- Identify one research variable stemming from that problem.
- Describe the methods you would use to collect a suitable sample of either qualitative or quantitative data for the variable (note: do not actually collect data).
- Analyze how you will assess whether the data collection method would produce valid and reliable data (note: do not actually collect data).
Format your assignment according to APA guidelines.
Paper For Above instruction
The merger of American Airlines and US Airways in 2013 represents a significant event in the aviation industry, aimed at increasing market share, expanding route networks, and enhancing competitive advantage. This strategic move involves complex decision-making processes supported by comprehensive data analysis. In this paper, I will explore the business implications of this merger, identify a pertinent research variable, and discuss suitable data collection methods while ensuring their validity and reliability.
Company Overview
American Airlines, established in 1930, is one of the largest airlines in the United States and globally renowned for its extensive domestic and international flight networks. Headquartered in Fort Worth, Texas, American Airlines operates a modern fleet serving millions of passengers annually. US Airways, founded in 1937, merged with American Airlines in 2013, creating American Airlines Group, the world's largest airline by both fleet size and passenger traffic. The merged entity aimed to leverage US Airways' strong presence in East Coast markets and enhance operational efficiencies.
Problem Description
The primary challenge post-merger is understanding and managing customer satisfaction across different route networks and service levels. Mergers often lead to integration issues, including service quality disparities, customer loyalty fluctuations, and brand perception shifts. Specifically, American Airlines faces a problem of maintaining high customer satisfaction ratings in the context of expanded route offerings and operational changes resulting from the merger. Customer experience directly impacts revenue through repeat business and brand reputation, making it a critical concern for management.
Research Variable Identification
Within this context, a key research variable is customer satisfaction. This variable can be measured through customer ratings, feedback surveys, and net promoter scores (NPS). Customer satisfaction reflects perceptions of service quality, staff responsiveness, comfort, and overall experience. Monitoring changes in satisfaction levels before and after the merger provides insights into the merger's impact on customer perceptions and helps guide strategic adjustments.
Data Collection Methods
To collect data on customer satisfaction, a mixed-methods approach can be employed. Quantitative data can be obtained through structured surveys administered digitally or in-flight, capturing ratings on a Likert scale regarding service quality, punctuality, and comfort. Qualitative data can be gathered via open-ended survey questions or focus group discussions, providing detailed insights into customer perceptions and suggestions for improvement.
Sampling should be representative of the customer base, stratified by factors such as travel class, route, and customer demographics. Random sampling within these strata ensures diverse perspectives are captured, reducing selection bias.
Validity and Reliability Analysis
To ensure the validity of the data collection method, the survey instruments must accurately measure customer satisfaction components relevant to the airline industry. This involves pre-testing survey questions for clarity, relevance, and cultural appropriateness. Content validity can be established by consulting industry experts during survey development.
Reliability is achieved through consistent data collection procedures and standardized survey administration. Employing validated scales, such as Likert items with proven psychometric properties, enhances internal consistency. Training staff to administer surveys uniformly and pilot testing the instruments further ensures reliability. Additionally, internal consistency can be measured using Cronbach’s alpha to verify the reliability of multi-item scales.
Conclusion
Analyzing customer satisfaction as a research variable in the context of the American Airlines and US Airways merger offers valuable insights for strategic decision-making. Selecting robust data collection methods that are valid and reliable ensures that the data accurately reflect customer perceptions, enabling management to refine service offerings and enhance passenger experiences. Ultimately, integrating sound statistical practices supports effective, data-driven decisions that sustain competitive advantage in the dynamic airline industry.
References
- American Airlines Group. (2023). About us. https://www.aa.com/about-us
- Carswell, R. (2014). The impact of mergers on customer satisfaction in the airline industry. Journal of Business Research, 67(2), 215-223.
- Hair, J. F., et al. (2010). Multivariate Data Analysis (7th ed.). Pearson Education.
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- Steenkamp, J.-B. E. M., & Baumgartner, H. (1998). Assessing measurement invariance in consumer research. Journal of Consumer Research, 25(2), 233-251.
- United States Department of Transportation. (2022). Airline customer satisfaction study. https://www.transportation.gov/airline-satisfaction
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- Yen, D. C., et al. (2016). Validity and reliability testing in survey research. International Journal of Business and Management, 11(13), 123-135.