HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Page 2 of 3 Assessment Details and Submission Guidelines Trimester T2 2020 Unit Code HI6008 Unit Title Business Research Project Assessment Type 3. Group*...

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HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Page 2 of 3 Assessment Details and Submission Guidelines Trimester T2 2020 Unit Code HI6008 Unit Title Business Research Project Assessment Type 3. Group* Report on Research Design and Methodology (including statement of ‘who wrote which sections’) Assessment Title Business Research Design and Methodology Purpose of the assessment (with ULO Mapping) The purpose of this assessment is to ensure each student is able to contribute to the construction of a written report demonstrating their understanding of the business research paradigm, appropriate methodology, and required (proposed) data collection, analysis and interpretation. A brief presentation in-class may be requested by your lecturer. Matches to Unit Learning Outcomes 1, 3, 4, 5, 6, 7 Weight 30 % of the total assessments Total Marks 30 Word limit 2500 words (plus revised literature review, only if requested) Due Date Friday of Week 10 S Submission Guidelines · All work must be submitted on Blackboard by 12 midnight on the due date, along with a completed Assignment Cover Page. [if no cover page your mark will be educed -20%] · The group members’ names and student numbers listed on the Cover Page must align with the members officially registered in your group. [any errors or omissions may affect your grade and there is no guarantee of any adjustment] · The assignment must be in MS Word format, 1.5 spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings, paragraphing, and page numbers. · Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list, all using Harvard referencing style. · This submission requires an appendix in which it is stated which members of the group actually wrote which sections of the Business Research Design and Methodology. * Note: Students will already be officially registered into small assignment groups, consisting of 3, 2, or 1 persons. Assignment 3 Specifications Purpose: This unit aims to give you an opportunity to combine many facets of your acquired MBA skills into the production of a high-quality research report. Assignment 3 - the Research Design and Methodology - is to ensure each student is able to contribute to the construction of a written report demonstrating their understanding of the business research paradigm, appropriate methodology, data collection, analysis and interpretation. You will work in a group of up to 3 persons. Your respective contributions will be governed by your Team Charter, which you produced at the same time as your Topic Approval submission. Additionally, you are required to append to this report a statement indicating ‘who wrote which sections’. This assessment builds upon your Literature Review (assessment 2) in that you are now aware of what additional data is needed to lead you to the answer to your research question(s) (as defined in Topic Approval (assessment 1). To discover the required data may require you to search for additional secondary data, and will most probably also require the collection of primary data, by applying qualitative or quantitative methods. In this assessment you will document what your team has decided as the most appropriate way forward. If you choose a quantitative approach, you will go ahead and state your hypothesis, how you intend to verify it, what data you need, how it can be collected and analysed. [Note that you are NOT required to actually obtain primary data]. If you choose a qualitative approach, you will go ahead and decide which method is appropriate, how you would design the questionnaire (include a few example questions), and state how you would collate and interpret your data. [Note that you are NOT required to actually obtain primary data]. Your tutor will LEAD and FACILITATE you through the process, week by week. The learning will be progressive, so for best results you will need to be in weekly contact with your lecturer during class time at your campus. This submission requires an appendix in which it is stated which members of the group actually wrote which sections of the Business Research Design and Methodology. Assignment Structure should be as the following: 1. Introduction (an edited and adjusted version of your topic approval) including a justification for your research question(s). 2. A detailed research methodology addressing the qualitative-quantitative debate, hypothesis (if appropriate), additional secondary data, proposed primary data sample size and sampling approach, questionnaire design factors (include some sample questions), data collection method, envisaged analysis and interpretation. 3. A summary of your findings OR what you would expect to find 4. A conclusion (relating back to your original research problem and question(s)) 5. List of references in Harvard style (only for sources mentioned in this submission) 6. The appended statement of ‘Who Wrote What’ Note: Approval may be requested (Unit Coordinator and Degree Convenor) to undertake this assignment with variation, such as a Business Plan or Business Development Case. If that is approved the Assignment Structure and Marking Criteria may differ accordingly. HI6008 Assignment 3 – Research Design and Methodology - Marking Rubric Excellent [5 marks] Very Good [4 marks] Good [3 Marks] Satisfactory [2 marks] Unsatisfactory [0-1 mark] Report Layout and Flow (max 5) Report creates an excellent overall impression Report creates a very good overall impression Report creates a good overall impression Report creates a satisfactory overall impression Unprofessional or confusing Research Design (max 5) Ample evidence of advanced understanding regarding research design Evidence of very good understanding regarding research design Evidence of good understanding regarding research design Satisfactory understanding regarding research design Missing or confusing Sample of Questions (max 5) Example questions are excellent, with an indicative range of purposeful questions Example questions are very good, with a range of purposeful questions Example questions are good, with purposeful questions Example questions are satisfactory, Missing or confusing Data (max 5) Excellent understanding of sampling, data collection, analysis and interpretation relevant to this research Very good understanding of sampling, data collection, analysis and interpretation Good understanding of sampling, data collection, analysis and interpretation Satisfactory understanding of sampling, data collection, analysis and interpretation Missing or confusing Expected Findings and Conclusion (max 5) Excellent indication of how expected findings link to literature review and research problem and research question(s) Very good indication of how expected findings link to literature review and research problem and research question(s) Good indication of how expected findings link to literature review and research problem and research question(s) Satisfactory indication of how expected findings link to literature review and research problem and research question(s) Missing or confusing Reference List and Appendix (max 5) Up to 5 marks if Reference List is Accurate and follows Harvard style and Statement of Who Wrote What is precise. No marks if either is missing Total Marks (30) /30 Note to Marker: No Cover Sheet -20%. Note: In the event that your project report was approved to be based on a business project, company-specific consultation, or business planning project, such projects may be marked using different criteria. HI6008 Business research Project – Assignment 3 – Business research Project Report HI6008 Business research Project – Asignment 3 – Business research Project Report CHALLENGES RELATING TO LEADING GLOBAL TEAM Table of Contents 1. Significance of the Topic3 2. Literature Review3 Concepts of a Global Team3 Team Theory3 Way of Leading a Global Team3 Challenges in Leading in a Global Team4 3. Research Problem4 4. Research Aims and Questions5 Aims5 Questions5 5. Team Charter5 1. Explain the team’s agreed goals and timeline for completion (Due dates, meetings, milestones, deliverables from individuals)5 2. Who is responsible for each activity?5 3. What particular team-roles will each member contribute to the team?5 4. What are your team’s expectations regarding meeting attendance (being on time, leaving early, missing meetings, etc.)?5 5. What process will team members follow if they have an emergency and cannot attend a team meeting or complete their individual work promised to the team (deliverable)?6 6. What are your team’s expectations regarding the quality of team members’ preparation for team meetings?6 7. What are your team’s expectations regarding team members’ ideas, interactions with the team, cooperation, attitudes, and team-member contributions in general?6 8. How will your team ensure that members contribute as expected to the team and that the team performs as expected?6 9. How will your team reward members who do well and how will you collectively manage members whose performance is below expectations?6 References7 1. Significance of the Topic The topic is significant since the issue tries to evaluate the importance of the team. The problem also tries to show how a team faces specific challenges while operating. A global team needs to perform various kinds of activities and tasks. Therefore, multiple issues like coordination, cooperation, time management need to be taken care of by the leaders while leading a global team (Dulebohn & Julia, 2017). Through this project, the various challenges would be highlighted that can be faced by the worldwide team while operating multiple tasks. With the help of the team charter, the topic would elaborate on the various divisions of tasks aligned in a global organisation. The importance of team roles and their performances would be analysed with the help of the topic. 2. Literature Review Concepts of a Global Team A global team is a team that works together in coordination across geographical barriers. The team members of a worldwide team work together with variations of the time zones. The focus of the work is stagnant, but the time zones are different due to the differences in the geographical distances. The global team refers to the group that is engaged in remote work. The unit does not meet in person over the organisation. The work and the decisions carried out in a global team are largely based on internet and cloud management systems (Smal & Jogeva, 2017). Global teams are often referred to as the virtual teams as well. Since the decisions and the complete workforce are completely engaged through virtual connections, the global team operates in virtual reality. For the successful outcomes of a global team, strong technical support is very much required. Team Theory Team Theory led by Belbin suggests that every individual behaviour is responsible for the coordination of a team. The theory suggests that it is the behaviour and the patterns of a team member that determines the progress of a group (Corban et al. 2020). It is the behaviour of the team members, which contributes to the team differently. Team theory is a mathematical analysis of cooperation and teamwork. The theory suggests that it is through the behaviours and the contributions of the team members that make the team high functioning. Way of Leading a Global Team There are various ways, through which the global team can be conducted. The ways are: · The setting of clear targets: Ambiguous and inconsistent decisions might
Answered Same DaySep 19, 2021HI6008

Answer To: HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION Page 2 of 3 Assessment Details and Submission...

Ishmeet Singh answered on Sep 21 2021
154 Votes
Expansion of Commonwealth Bank in Asia
BRM PROJECT
Index:
S.no.            description                        page no.    
1            executive summary                        3
2            background                            3
3            objective                                3
4            methodology                            4
5            data prospective                            4
6            swot analysis                            10
7            pestle analysis                            11
8            financial perspective                        12
9            conclusion                                13
10            survey Questions                            13
11            references                                14
Executive Summary:
The following document represents a case where Flinders Enterprise Consulting is working on a contract of Robe Visitors Information Center, South Australia for providing them consulting services in order to prepare their support and infrastructure post Covid scenario as in lieu
of predictive reports it is expected to report visitors soon. RVIC has been having issues with its present infrastructure and peers entering the market. With 15 yrs. of repo on stake RVIC now seeks business consulting services from Flinders Enterprise Consulting.
Background:
Robe is a small town of 998 individuals located on the Limestone coast of South Australia. The town is renowned for the distinctive combination of historical buildings, pristine beaches and lakes, fishing opportunities and natural bush lands. 
Robe is one of the oldest towns in South Australia; it was founded as a seaport 10 years after the province of South Australia was established. In the 1850’s it was South Australia’s 2nd busiest port (after Port Adelaide).  Robe attracted trade from the large hinterland that surrounded; the area that relied on Robe for trade extended far into Western Victoria. This history shaped development in the town with a lot of the historical features of the town, like roadside inns being designed for bullock teams that would bring in wool for trade from distant remote areas. 
Being a seaport with a historically high amount of traffic, a number of shipwrecks occurred on the surrounding coast. This problem was addressed in 1973 with the opening of the iconic automatic lighthouse that is now a beloved local attraction. 7 of the most significant shipwrecks that have occurred on the limestone coast occurred in the area around Robe. While these historical wrecks still remain; perhaps some unknown wrecks are awaiting discovery by an adventurous visitor. 
During the Victorian Gold Rush of 1857, Robe played a significant part as it was the landing spot for 16,000 Chinese immigrants; they travelled 320 km from Robe to Ballarat and Bendigo to avoid the £10 per person landing tax they would have incurred if they landed in Victoria. 
Objective:
· The objective is to increase the Robe Visitor Information Centers revenue, to cover its operating costs 
· Explore if there is a demand in the current market for locally produced merchandise to be sold through the Visitor Information Centre
· Develop a more effective visitor servicing strategy; explore other working visitor servicing models and how these techniques can be implemented 
Methodology
The methodology to be used in this study would be mostly: Secondary research and primary survey.
Where the general philosophy of conducting the survey was to understand Demographics, customer preferences and customer oriented technology enhancement consulting service providing.
Quota Grid:
    Age-group
    Total
    
    Persons
    Males
    Females
    1
    2
    3
    4
    20-24
    73
    40
    34
    25-29
    69
    36
    33
    30-34
    60
    31
    28
    35-39
    55
    29
    26
    40-44
    46
    25
    21
    45-49
    38
    21
    17
    50-54
    29
    16
    13
    Total
    369
    197
    172
Sample Size Calculation:
General,
N = {Zα^2*[p*(1-p)]}/E^2
Where,
N = Sample Size.
Zα = Z score value as per the assumed confidence interval. {Assumed as per 95%=1.96}
P = Population Proportion. {p=0.4; reference Bloomberg}
E = Margin of Error {Assumed 5%}
Corrected Formula for Sample Size:
n = N/ [1+ [(N-1)/Target Population]]
Target Population = 41.9 million (Population of South Australia & Western New Zealand as on date)
Therefore, Corrected Sample Size = 36879
Data Prospective:
About The Data:
The survey data was taken from ministry of Business, Innovation & Employment New Zealand to understand the basic customer demographics, their during, before and after behavioral patterns and demands.
What factors accounts for the most satisfaction level, what customers generally seek their main information sources during, before and after the trip, their spending patterns etc.
The data was found to be profound as it was latest 2019 and demographics and culture is similar to South Australia so the relevant sampling frame was taken for the study.
As per the case similar variables were found in The Data:
1. Accommodation preferred
2. Activity of Interest
3. Technology Used
4. Transport
5. Social Media
6. Information Source
7. Expenditure Type
8. Trip Stage
9. Reason to Come Back
10. Satisfaction Reasons
We will try to provide the relevant findings from the analysis on the secondary data and try to provide the probable strategies that came out from the analysis:
1. TRIP STAGE (Basically when the customer start their research):
Basically in our research we discovered that the potential customer remains pretty much active in the system even after the trip as potential reason was found in the form of reviews and feedbacks therefore, it becomes very important not to underestimate the after the trip stage.
Secondly, dominant stage was as believed to be during the trip for activity planning, transport & other reasons like food, weather etc.
Inference for RVIC:
Basically strategy is to come up with a service that could not only play an active role in content providing but also take reviews and feedbacks that can generate more leads.
Basically customers are more fascinated for an on the go sort of a service mantra like mobile cab, restaurant bookings and weather summaries.
Feedback columns strategy will be discussed further after understanding the rest of the findings.
2. Social Media (Basically where the customers are?):

The above pie in pie chart shows as per the case that yes, 37% leads are on Facebook & Instagram so these platforms are relevant as far as marketing perspective is concerned apart from it Google leads together taken makes it 48%.
We expect since major visitors are senior citizens that is why a major chunk has gone into none. However, still we believe it’s a conservative output and yes social media is playing a dominant role in creating leads.
Inference for RVIC:
Basically strategy is to spend capital or do investments in regular media and content marketing over these platforms and that too on a regular basis with regular feed of blogs creating community pages, hubs, groups etc.
3. Information source (where the customers seek information from?):
This was the most important and eye opener section in the whole study basically although Facebook, Instagram and social media although was found to be where the leads were but the information source was completely different where the tourist relies upon.
This input...
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