Developing Strategic Models for Vegan Industry in Australian Market
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This study focuses on the vegan industry development in the Australian market. It examines the increasing number of food products replacing meat products and services at small and big scales. The report discusses research methodology, research design, and research limitations.
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Running Head: BUSINESS RESEARCH BUSINESS RESEARCH
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BUSINESS RESEARCH2 Table of Contents Introduction................................................................................................................................2 Project objective.........................................................................................................................2 Project Scope..............................................................................................................................2 Literature review........................................................................................................................3 Summarise Assignment 1.......................................................................................................3 Justification of research problem............................................................................................3 Literature gap and opportunity...............................................................................................4 Research Questions/Hypothesis.............................................................................................4 Research Design and Methodology...........................................................................................4 Qualitative research................................................................................................................4 Quantitative research..............................................................................................................6 Research Limitations..................................................................................................................9 Time Schedule (Research plan).................................................................................................9 Conclusion................................................................................................................................10 References................................................................................................................................10 Appendix..................................................................................................................................12 Time Schedule (Research plan)...............................................................................................12
BUSINESS RESEARCH3 Introduction The vegans are determined as the followers who have not considered animal products in their diet (Beverland, 2014).Vegans lifestyle could be restricted to the individual for consuming meat as well as meat products in their day to day activity. This study was emphasized on the vegan industry development in the Australia market. In addition, it is examined that the increasing number of food products replace meat products and services at the small and big scales. In addition, it is examined that Australia is the third largest market of vegan. In the introduction section, many imperative factors are considered by the researcher like project objectives, research aim and objectives, and project scope, and the research hypothesis. The literature review section mainly demonstrates many factors like a summary of the literature review that could be associated with the research aim and objectives. In last, this report discusses the research methodology section that could be effective to comprehend qualitative and quantitative research design. Project objective The main aim of this research is to address the strategic models for changing the Vegan in the Australian market. The following research objectives will be accomplished by the researcher to meet the aim of the research: Understanding the rise in Vegan marker at Australia. How strategic models can be created for standalone vegan grocers. How the consumer trends in Australia is changing for the vegan market. Project Scope This researchis effective forgaining theunderstanding of enhancement in the market of Vegan. It could be effective for each individual as Vegan is effective for improving the health of people. It will also be effective for gaining the understanding towards different strategic models that could be created for standalone vegan grocers. This project is also effective for
BUSINESS RESEARCH4 increasing the understanding towards theconsumer trends in Australia is changing for the vegan market. This project could also be effective for the researcher to increase their understanding of different tools and techniques for collecting feasible information towards the research matter. Literature review Summarise Assignment 1 It can also be summarized that people who use vegan products in their daily routine then they could be healthier as compared to the other people. Moreover, it is also analyzed that the organization could use a campaign for the increasing the awareness about items of vegan. The vegan campaign could facilitate to the consumers to have products and services in the least time and cost. It can also be summarized that people who use the meat products then it could decline in the number of animals at the particular place. Further, it can also be summarized that campaign could also be imperative for demonstrating issues of animals among a huge number of consumers (Bogueva, Marinova, and Raphaely, 2018).It could impact on the overall performance of the organization. It could be imperative for securing the life of animals. It can also be concluded that Australia has many vegetarian restaurants that offer products to their people for securing the life of people as well as animals. From the survey, it is found that the number of Vegan people is increased by 3% over the five years that demonstrate the interest of people has been increased. Justification of research problem In the current era, most of the consumer was not aware of the cons of non-vegetarian products and services that could negatively impact on the health of animals and people. Therefore, research has selected this topic for increasing understanding with respect to the Vegan in the Australian market.
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BUSINESS RESEARCH5 Literature gap and opportunity This study relied on the rise in Vegan in Australia but it does not demonstrate the pros of Non-vegetarian products. This research will be conducted on the 55 employees who are the part of Vegan industry that could lead to getting a favorable outcome in the context of the Vegan. Further, it is evaluated that the sample size of this research is lower that could decline the probabilities of getting a reliable outcome. But, at the same time, it is analyzed that research will be capable to comprehend different research tools and techniques that could be imperative for the accomplishment of the research objectives. Research Questions/Hypothesis The research questions of this study are discussed below: What do you understand by the Vegan? What are thestrategic models that can be created for standalone vegan grocers? How the consumer trends in Australia is changing for the vegan market? Research Design and Methodology In the research, the research methodology section could be effective in selecting the suitable method for getting reliable information in the context of the research issue. These tools were known as qualitative and quantitative research design (Dedehayir, et al., 2017).Moreover, these are discussed below: Qualitative research Chart1: Qualitative research process
BUSINESS RESEARCH6 (Source:Dedehayir, et al., 2017). In the qualitative study, the investigator will develop the research question that is relied on the standard of the research question. It could also be associated with a particular research issue. It could be effective for the accomplishment of a desired goal in the least time and cost. Subsequently, a researcher could select to the research subjects on which the study will be conducted. After that researcher will collect the relevant data in the favor of the research matter. Then, the researcher will evaluate conceptual data and reach the valid solution afterward research will decide to write up the research (Dedehayir, et al., 2017). Approaches to reliability and Validity For conducting this study, the researcher will give more preference to the inductive approach as compared to the deductive approach. This approach will be effective for collecting the non-numerical information towards the research matter. It could also be effective for reaching thevalidconclusion. Sampling and Sample Size Sampling method facilitates to the investigator for selecting a suitable sample size for conducting the research. The researcher will select a non-probability sampling method to select research candidates and meet the aim and objectives of research matter (Lowe, 2014). Moreover, this method could facilitate to the investigator to select the research candidates on behalf of different methods like age, gender, education, experience, and race (Bauer, 2014).
BUSINESS RESEARCH7 The main cause of the selection of this method is that the research is subjective in nature. For conducting this study, 9 marketing executive is selected from the different organization who are supported to the Vegan and collect their opinions towards the research matter. Data Collection Method Under this study, the primary data collection method will be practiced by the researcher to conduct the research and research at the valid conclusion (Bogueva, Marinova, and Raphaely, 2017).This method will be effective for getting the fresh information to specified research participants by considering the survey through questionnaire method (Choy, 2014).It could be imperative for collecting reliable information towards the research concern. The primary data collection method leads to getting innovative and fresh information in the context of the current issue. This method enhances the accuracy of the research outcome (Mackey and Gass, 2015). Variables Specifications In the research study, two kinds of variables like independent and dependent variables. The independent variable of this research is Vegan and the dependent variable is the Australian market. Quantitative research Chart2: Quantitative research process (Sources: Mackey and Gass, 2015).
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BUSINESS RESEARCH8 On the basis of the above image, it is found that firstly investigator will create theory and hypothesis for the researcher to meet research aim. Then, the investigator will create the aspects of the study and make a design for it. Afterward, the investigator will select suitable sites and suitable method (Mackey and Gass, 2015).Moreover, the investigator will obtain the information from creation sources of the data collection method. In last, the investigator will write up the whole research and lead to get reliable information towards the research matter. Research Instrument The research instrument is practiced by the investigator to examine tools and techniques for evaluating the data and get reliable data in the context of the current matter. The research will imply the secondary data collection method and get the conceptual information towards the research issue. It could be collected by considering different sources like a book, academic journal, online and offline sources, magazines, and company websites. It will be effective for the attainment of research aim in limited time and cost (Silverman, 2016). Quantitative Data Analysis Process Chart3: Quantitative data analysis process (Sources:Taylor, Bogdan, and DeVault, 2015). On the basis of the above chart, it is also examined that the investigator will prepare data before conducting the research. Subsequently, the investigator will remove the unrelated data
BUSINESS RESEARCH9 fromthecollectedinformationformakingaccuracyintheresearch.Moreover,the investigator will increase their understanding in the favor of means, frequencies, and recording. Afterward, the researcher will evaluate the collected data by considering the statistics and crosstabs. Investigator will use the graphics for interpreting the data and lead to get favorable information (Taylor, Bogdan, and DeVault, 2015).The investigator will imply Ms-excelsoftware withgraphicsand reachthereliableconclusion. Subsequently,the researcher will interoperate the collected data and make a meaningful result (Ledford and Gast, 2018).In this, the researcher will examine collected outcome and make a reliable conclusion. For this, the investigator will examine the investigator to meet the objectives of the investigator in the particular time. Sampling and Sample Size In this research, the investigator will use the probability sampling method as it offers similar chance to their research candidates for collecting the opinion and views of selected research participants and research at the valid conclusion. As a result, the researcher would be capable to get reliable information with the favor of the research matter. It could be supportive for collecting the data towards research matter without any biases from the research and facilitates to meet research aim (Panneerselvam, 2014).Moreover, the investigator will choose 45 workforces who are the part of Vegan industry and comprehend their opinion to meet the research aim and objectives researcher will consider the close-ended questionnaire method for the accomplishment of the research matter (Alvesson and Sköldberg, 2017). Reliability and Validity of Data The validity demonstrates the level wherein the investigator will be capable to get the statistical data about the research matter. For example, the investigator will imply a survey through questionnaire method to evaluate the popularity of Vegan in the Australia market. Another tool is reliability that could be practiced by the investigator to evaluate the research
BUSINESS RESEARCH10 trustworthiness. Moreover, it is also examined that literature review could be practiced to improve accuracy and trustworthiness and make reliable information with respect to the research matter (Bresler, and Stake, 2017). Research Limitations There are different research problems that could be practiced by the investigator during the study. An investigator could consider different factors like time, cost, and resources. These factors could restraints to the investigator for conducting their study and reach the valid conclusion.Moreover,itisalsoexaminedthatlackofresourcescoulddeclinethe probabilities to get reliable outcome (Smith, 2015). Time Schedule (Research plan) Researchactivitiesthatwillbe conducted to conduct the research Time (in weeks) 12345678910 Research matter selection Researchaimandobjectives development Datacollection(primaryand secondary data collection method) Develop a research questionnaire Samplingmethod(Probabilityand non-probability sampling method) Data evaluation (statistical and non- statistical data analysis) Report writing Final submission
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BUSINESS RESEARCH11 With respect to the above table, it is evaluated that the data collection tool takes more time as compared to other research activities. The decided time was standard and it ensures that the researcher will put their best effort to accomplish the specified research activities. Conclusion As per the above discussion, it can be summarized that Vegan industry could play an imperative role in declining the heart issues from Australia in the least time and cost. Furthermore, it can also be concluded that the organization could gain health awareness about the products who do not prefer to meet in their products and services. The organization could consider creation sources to increase the product information towards media and internet. It can also be summarized that the researcher could consider the research methodology and increase the understanding towards different tools and techniques for the accomplishment of the research matter like research approach, data collection method, data analysis method, sampling method, and research limitation. It could be imperative for the attainment of the research aim and research at the valid conclusion. References Alvesson, M. and Sköldberg, K., 2017.Reflexive methodology: New vistas for qualitative research. Sage. Bauer, G.R., 2014. Incorporating intersectionality theory into population health research methodology: Challenges and the potential to advance health equity.Social science & medicine,110, pp.10-17. Beverland, M.B., 2014. Sustainable eating: mainstreaming plant-based diets in developed economies.Journal of Macromarketing,34(3), pp.369-382. Bogueva, D., Marinova, D. and Raphaely, T. eds., 2018.Handbook of Research on Social Marketing and Its Influence on Animal Origin Food Product Consumption. IGI Global.
BUSINESS RESEARCH12 Bogueva, D., Marinova, D. and Raphaely, T., 2017. Reducing meat consumption: The case for social marketing.Asia Pacific Journal of Marketing and Logistics,29(3), pp.477-500. Bresler, L. and Stake, R.E., 2017. Qualitative research methodology in music education. Critical Essays in Music Education(pp. 113-128). Routledge. Choy, L.T., 2014. The strengths and weaknesses of research methodology: Comparison and complementarybetweenqualitativeandquantitativeapproaches.IOSRJournalof Humanities and Social Science,19(4), pp.99-104. Dedehayir, O., Smidt, M., Riverola, C. and Velasquez, S., 2017, December. Unlocking the Market with Vegan Food Innovations. InISPIM Innovation Symposium(pp. 1-13). The International Society for Professional Innovation Management (ISPIM). Ledford, J.R. and Gast, D.L., 2018.Single case research methodology: Applications in special education and behavioral sciences. Routledge. Lowe, M., 2014. Obesity and climate change mitigation in Australia: overview and analysis of policies with co‐benefits.Australian and New Zealand journal of public health,38(1), pp.19-24. Mackey, A. and Gass, S.M., 2015.Second language research: Methodology and design. Routledge. Panneerselvam, R., 2014.Research methodology. USA: PHI Learning Pvt. Ltd. Silverman, D. ed., 2016.Qualitative research. Sage. Smith, J.A. ed., 2015.Qualitative psychology: A practical guide to research methods. Sage. Taylor,S.J.,Bogdan,R.andDeVault,M.,2015.Introductiontoqualitativeresearch methods: A guidebook and resource. John Wiley & Sons.
BUSINESS RESEARCH13 Appendix Time Schedule (Research plan) Researchactivitiesthatwillbe conducted to conduct the research Time (in weeks) 12345678910 Research matter selection Researchaimandobjectives development Datacollection(primaryand secondary data collection method) Develop a research questionnaire Samplingmethod(Probabilityand non-probability sampling method) Data evaluation (statistical and non- statistical data analysis) Report writing Final submission