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Inquiring Minds Want to Know 1 & 2 Essay Example

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Inquiring Minds Want to Know 1 & 2 Essay Example
First and foremost for any case study, the reader must first understand what they are researching and why. Penton Media, a publisher of business trade magazines such as Industry Week, Machine Design, and Restaurant Hospitality, was the subject of this particular case study. Upon reading the case study on Penton Media, the reader learns that Penton Media has made great progress in the growth of their company through a six year period, 1992-1998, based on the research results provided. Ken Long, Penton Media’s Director, stated in 1998 that there was a growing belief that Penton Media was generating fewer services than in the past. In 1992, Penton Media was reaching out to their readers by having them request product information through mail, which back then, that form of communication was acceptable. However, as time elapsed, technology and communication advanced. By 1998, Penton Media was providing information requests through e-mail and websites. In this case study, the research results provided two different years, 1992 and 1997. The years that elapsed from 1992 to 1997 proved that there was a growth in response and response selections to the advertisements Penton Media provided, in the business magazines they publicized for. From reading the case study the reader can build the management-research question hierarchy. The first thing to identify is the management dilemma, which in this case is: Will Penton Media experience lower advertising revenues, if alternate methods of inquiry stimulation are sought, since companies do not track the source of their leads? Secondly, defining the management question, which is: Are there publications or magazines that are generating fewer leads now as opposed to the past years? Next, the reader must ask the research question(s), which is: Should Penton Media continue to include reader service cards in the magazines they advertise for, for readers to request additional information on companies, which in turn enhances

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