You are on page 1of 3

Experiment No:1

Title Write down the problem statement for a suggested system of relevance.
Objective To prepare problem statement of the project assigned to you.
Algorithm/ A problem statement is a concise and concrete summary of the research problem you
Theory seek to address. It should:

 Contextualize the problem. What do we already know?


 Describe the exact issue your research will address. What do we still need
to know?
 Show the relevance of the problem. Why do we need to know more about
this?
 Set the objectives of the research. What will you do to find out more?

A problem statement is a formal business report written by either a business leader or


consultant to define and describe an issue an organization is facing. Its goal is to
propose a detailed method to solve the problem and recommend how those
responsible can prevent it from reoccurring in the future.

While these statements are native to the research field, they have become a prominent
business resource. It is an effective communication tool that informs senior managers
about a potential threat. In the long-run, the practice promotes innovation and
technological advancement across the industry.

A problem statement addresses issues in a timely and efficient manner. They help
professionals break down complex situations into tangible goals that they can
then communicate throughout an organization. In every workplace, problems
are inevitable. Thus, such a statement is an effective tool to put into practice so
that employees recognize issues before they disrupt multiple functions of the
business.

It is basically a one to three-page statement that everyone on the project agrees


with that describes what will be done at a high level.

To identify the role of the software in today’s


world across a few significant domains related today to day life.
Background
Software has made the world a global village today. The impact of software spans
across almost all aspect of human life. All organizations, Institutions and companies are
leveraging the potentials of software in automating the critical functions and eliminating
manual interventions. Software is also a predominant are for trade and export especially
forthe countries like India. Domains like health care, Airlines, financial Services, Insuranc
e, retails, Education, and many more have exploited softwareand still there a lot of the sco
pe for software to create impact and add values in multiple dimensions.

Problem statement example


You can use these steps to write your own problem statement, like the example
below.
Problem statement example

Step 1: Contextualize the problem

A family-owned shoe manufacturer has been in business in New England for several
generations, employing thousands of local workers in a variety of roles, from
assembly to supply-chain to customer service and retail. Employee tenure in the past
always had an upward trend, with the average employee staying at the company for
10+ years. However, in the past decade, the trend has reversed, with some employees
lasting only a few months, and others leaving abruptly after many years.

Step 2: Show why it matters

As the perceived loyalty of their employees has long been a source of pride for the
company, they employed an outside consultant firm to see why there was so much
turnover. The firm focused on the new hires, concluding that a rival shoe company
located in the next town offered higher hourly wages and better “perks”, such as pizza
parties. They claimed this was what was leading employees to switch. However, to
gain a fuller understanding of why the turnover persists even after the consultant
study, in-depth qualitative research focused on long-term employees is also needed.
Focusing on why established workers leave can help develop a more telling reason
why turnover is so high, rather than just due to salaries. It can also potentially identify
points of change or conflict in the company’s culture that may cause workers to leave.

Step 3: Set your aims and objectives

This project aims to better understand why established workers choose to leave the
company. Qualitative methods such as surveys and interviews will be conducted
comparing the views of those who have worked 10+ years at the company and chose
to stay, compared with those who chose to leave.

Problem Statement Template

Problem statements usually follow the same general format, though they may
fluctuate in length depending on the complexity of the issue. Here is a basic template
you can follow when writing your problem statement:

Problem Using one sentence, define the problem

Background
In this section, use evidence to describe and explain the context of the problem.

Relevance
In this section, describe why the problem matters.

Objectives
In your conclusion, propose solutions to the problem based on your research and
understanding of it.

Sample

Problem

ABC Supermarket customers in the northern region of Uttar Pradesh have


significantly decreased over the past decade, while other areas of the state continue to
see increasing numbers of sales at physical retail
stores.

Background
Surveys conducted by ABC Supermarkets suggest that sales are lowest among people
between the ages of 18 to 30 and low-income households (making under five lakh
rupees for a four-person household annually). The research conducted on sales
patterns in other northern Indian states suggests that this could indicate a broader
trend. Still, this region's demographics suggest that it could become a more significant
problem.

Statistics from the 2019 Indian Business Review show that consumer spending within
this demographic is at an all-time high. The study attributed these findings to the
increase in disposable income and quality of life among city dwellers. The 2019
Indian Fitness Journal also shows increased consumer interest in diet and health
among people between the ages of 18 to 25.

Other parts of the country have made attempts and succeeded, to a degree, to improve
sales, but similar solutions have not had the desired effect here in northern Uttar
Pradesh. More research is needed on the reasons these attempts have failed and what
strategies might have more of an impact on reaching younger and lower-income
households.

Relevance

Areas with low supermarket sales have historically been shown to have lower
disposable income levels and higher numbers of instances of civil unrest. Most
recently, this has become increasingly concerning for parts of India where the wealth
gap continues to grow wider (as shown in reference attached). Data shows that
consumer shopping habits are also increasingly transitioning online, as competitors
provide cost-effective bulk discounts and free delivery for heavy items (see reference
below).

Addressing this problem would give ABC Supermarkets' store managers in the region
much-needed insights to help them adjust their customer service strategies to include
more of the residents of this region. It would also contribute to gaining a more
nuanced understanding of consumer behaviour trends.

Objectives

This research aims to examine proactive engagement plans to increase sales in the
northern region of Uttar Pradesh. It would distinguish the largest determinants of
consumer buyer behaviour through surveys and interviews designed to observe the
impact of each of these strategies on sales.

Topic
3-4 Page
Report
Conclusion: The problem statement was written successfully by following the steps described
above.

You might also like