Solutions and external validity

3 important questions on Solutions and external validity

Which 4 steps do you have to make to come to the most suitable solution?

Start: most plausible explanations
• Step 1: Select the most effective explanation
• Step 2: Create effective solutions for this explanation  (comes from/ based on literature)
• Step 3: Test these solutions
• Step 4: Select the most suitable solution

End: selected solution

A solution does not only have to be effective, but also...

• feasible,
• socially accepted, and
• attractive to the company

Why is quantitative methods/ data also allowed and useful in qualitative inductive research?

• Do not forget to use quantitative methods/data: also allowed and useful!!

• Possibilities:
      • Measurements (own, company databases,..)
      • Models (inventory models, costing models, optimization models, simulation …) -> To collect the data you often use interviews…
      • Methods: Activity Based Costing, sensitivity analysis, cost benefit analysis, scenario analysis…
      • …
• The company is very interested in a cost benefit analysis / sensitivity analysis of the proposed solution!

The question on the page originate from the summary of the following study material:

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