D1 - evaluate the market research method used by a selected organisation
Introduction
I am going to evaluate the market research methods I’ve used in P3 to carry out my marketing research into the restaurant industry; I will talk about the strength and weaknesses of the methods. In addition I will also give recommendations for improving the methods and justifications for improving them.
Criteria
Strengths
Weaknesses
Recommendation from improving the method
Justification for improving the method
Questionnaires
The strength of questionnaires is it can give an insight into respondent’s thoughts and opinions and also cost efficient as it is inexpensive.
The weakness of questionnaire would be that respondents may be influenced the
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Using the index you can alphabetically pinpoint the information you’re looking for and turn to that page to read about and implement the information into to your research.
My justification for improving this method is that it would easier and not time consuming to pinpoint and find the information that specific and relevant to your research. No one wants to sift through lots of information to find the date they’re looking for as this would not be time efficient method so using the index and contents page to find the information you’re looking for would save time and make the researcher time efficient
Stages of research
The strength of the stages of the research is that it’s concise and easily laid out timeline which shows when each aspect of the research would be completed. For example stage one of the research which research brief would be completed by 5th march 2013 followed by stage two which should be completed a week later on 12th of march 2013.
Stage two :Define the issue
The strength of the stage two: define the issue is that you’re able determine problem presented by your client and plan the ways you to solve those problems and carry out your research.
Stage three: set objectives
The strength of setting objectives is that it gives you an idea of you want to achieve by the end your research and also serves as guideline of what you need to cover throughout your research
Stage four: write a research
Although the class has not had input into the methodology used to collect the data for this report it is still important for us to know why these methods were used. Questionnaires can be useful in order to get opinions and views from a large groups of people (McLeod 2014), such like conditions for the research for this reports. This can be useful as this can be an easier way of targeting a larger audience other than in interview purposes. This will also be more time consuming as everyone is answering the same questions.
Stage 3 looks at Evaluation – making a judgement about what has happened. What were the positive and negative aspects of this situation? Was there anything else that might have made a difference? This is where I would stand back and get a good sense of how it all went and examine my judgements a bit more. Why do I think that, where has that thought come from? Where can I go from here in my interaction with this
The second stage when the team enters into the storming phase which is hard and usually many groups fail at this stage. Because of conflicts between team members, they work on their tasks in a different natural way which they feel comfortable doing it and it brings frustration to some members of the team. (Tuckman, 1965) Tony asked to complete research on St George hospital care system, but Vida and Sam were not pleased for it and they tried to complete the task which was not acceptable to the team. Tony and other colleagues wanted them to fulfill the task in another way, which creates some issues for the team and they were requesting to change their tasks to introduction only. But Tony already assigned the introduction section of presentation
Conduct a literature search using the search strategy and create an Endnote database of search results.
This phase requires all the experts on the team to brainstorm and identify risks. If phase I isn’t done well, the rest of the process will suffer.
Stage 3: Execution: tasks that have been defined within the Project Plan will commence. Record keeping and regular status updates will commence, regular quality and achieved deliverables updates will be communicated to stakeholders. Staff will be allocated to resolve and monitor issues and processes. Project completion criteria should be met and deliverables achieved.
In the quantitative research filed, they are four criteria that need to consider: internal validity, external validity, measurement validity and measurement reliability. In this paper, I will point out the strengths and the limitations of each section base on the two studies.
Because the questionnaire is a very popular research tool, the data collection is convenient and can be widely used, which is a good way to research the users' satisfaction. The service to measure from the sample or the target population has the form of a series of questions. The system has been compiled in a systematic and systematic way.
(2015) considered questionnaires as the heart of survey research. (Alreck and Settle 1995 cited in Phillips & Stawarski (2008) indicated that questionnaires are the most common method of data collection with the ability to cover a wide range of data; attitudes and other improvement statistics. Moreover, Cohen et al. (2007) cited in Alshenqeeti (2014) views interviewing as a valuable way to explore construction and negotiation of meanings naturally. Alshenqeeti (2014) agrees that interviews are flexible, have high return rate , fewer incomplete answers and can involve reality with controlled answering order and covers a small scale study but lack anonymity with possible bias and time-consuming.
A questionnaire is less expensive; it saves time and financial resources. However, if it is administered
Palmer’s is one of the world’s leading brands in skincare - sold in more than 80 countries Founded in America in 1840, Palmer’s has fought its way to create a trusted household name. Palmer’s is primarily known for body moisturizer
Erickson describes the early stage of the design process as the exploratory stage, which is the point where the general requirements are outlined and basic
You have been approached by London Marketing Research Company Ltd (LMRCL), to conduct a research to open up a new restaurant chain by Commission Restaurateur (CR) the Restaurants and eateries belonging to this group. You have been approached to conduct a thorough research and finally present the details to the group itself.
Are you considering starting a business or improving the performance of the current one? Market research will help you find unsatisfied needs in the market, give information about your customers or find out what your customers thing about your business and many more. The process includes the creation of an exploratory research to get to know your target audience first, using secondary research or qualitative research, consultation with experts or observation, and then verify the results with a quantitative research. The final and most important step is to analyze and interpret data collected.
A questionnaire is a formalized set of questions for obtaining information from respondents. The overriding objective is to translate the researcher’s information needs into a set of specific questions that