10 Questions
What is the primary purpose of a well-defined problem statement in research?
All of the above
What is the role of the research question in the research process?
Both b and c
What are the key features of a good research question?
The research question should be clear, focused, and summarize the issue that the researcher will investigate
What is one of the key market gaps identified?
Insufficient availability of natural building materials in the market
What is one of the key customer needs identified in the text?
Customers want their spaces to be stylish and energy efficient
Based on the information provided, which of the following is a key objective for the research project?
Increase the availability of existing natural building materials in the market
Which of the following is a key financial consideration mentioned in the text?
The potential increase in sales from offering more energy efficient building materials
What is the primary focus of the research described in the text?
Addressing the lapse in availability of natural building materials in the market
Which of the following is a key qualitative research question that could be addressed by this research project?
What are the most important factors that customers consider when selecting building materials?
Which of the following is a key quantitative research question that could be addressed by this research project?
What is the projected market size for energy efficient building materials over the next 10 years?
Study Notes
Product Benefits
- Simple and quick to build
- Creates spaces for community interactions
- Reduces carbon footprint
Research Abstract
- Based on market trends and commercial sales
- People need energy-efficient buildings with minimalist design and easy to build
Market Overview
- Total addressable market: $3B
- Serviceable available market: $2B
- Serviceable obtainable market: $1B
- Opportunity to build and freedom to invent with few competitors
Market Comparison
- Addressable market: $3B
- Serviceable market: $2B
- Obtainable market: $1B
Market Gap
- Customers want stylish and energy-efficient spaces
- Loss of sales by not offering greener alternatives to building materials
- 25% increase of energy-efficient buildings proves consumer interest in green building design
Objectives
- Identify problems that the research will address
- Determine how it will have a significant effect on our way of living
Financials
- Commercial architecture sales were up by $10 million in 2020
Test your knowledge on the benefits of a pitch deck with this quiz. Questions cover topics such as building speed, community interactions, and environmental impact.
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