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Problem Statement

Problem Statement

Use the information provided at the end of this paper to craft a problem statement. I have
provided some guidelines hear below send to us by the prof. The writer must stick with the guidelines and
must use the template. As a matter of fact the prof insisted that the writer follow the example provided in
the template and insert the problem statement directly in the template. It�s critical that the writer stick
with the instructions giving hear and in the template. I have also attached the rubric with the template for

additional guidance.

Please take a look at the week 1 template I emailed you and format the problem statement in accordance

with the template.

First clue, the problem statement should be one paragraph only.
Second, it should only have four sentences.
Third, those four sentences should be:

  1. Hook
  2. Anchor
  3. General Business Problem
  4. Specific Business Problem



Problem Statement

The Matrix solutions company is a great company that deals with supplies chain
management of electronics to retailer shops. The company has employed many specialists in
marketing to assist in its daily transactions. The employees range from the top management
team, administration team and also the main suppliers of the electronic materials (Sanicola,
2012). The company has to ensure that there is efficiency in the delivery of electronics to the
client for smooth running of the business (Stack, 2013). Various factors will determine the
success of business transactions carried out by the company.
In the year 2002 five years after the establishment of the Matrix company, it had a total of
500 employees that transacted businesses to ensure the company attains 7% growth as compared
to the previous two years(Zenoff,2013). As of the year 2010, the company recorded a loss of 100
employees who had gained some experience despite the low number of 50 new employees
consequently leading to 10% decrease of total sales (Zenoff, 2013). The general business
problem is that the lack or minimal number of reward and benefits programs has lowered
productivity in terms of electronic sales made by the company after annual financial transaction
calculation. The specific business problem is that lack of reward programs that motivate the
workers in their work are not used, this leads to poor retention of quality and experienced
employees which consequently lead to productivity inefficiencies (La, 2011).
The study purpose will investigate the implications of not motivating the workers
effectively. Studies have shown that poor retention of experienced and quality workers is one
problem. The poor rewarding system for workers that bring high profits to the company might

demoralize them due to lack of effective recognition. Motivation has proved to be effective in
contributing to the success of the company.



La, G. O. (2011). Economic growth and development. Bingley, U.K: Emerald.
Sanicola, L. (2011). Employee benefits basics. Scottsdale: WorldatWork Press.
Stack, L. (2013). Managing employee performance: Motivation, ability, and obstacles.
Highlands Ranch, CO: Productivity Pro.
Zenoff, D. B. (2013). The soul of the organization: How to ignite employee engagement and
productivity. Place of publication not identified: Apress.

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