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Impact of Equality and Diversity on Organization's Productivity and Profitability: A Study on Tesco

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Added on  2023-01-13

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This research project focuses on studying the impact of equality and diversity on organization's productivity and profitability ratio. It includes primary and secondary research methods, analytical tools for data analysis, research outcomes, and reflection on research methods. The study is based on Tesco and aims to provide insights into the importance of equality and diversity in the workplace.

Impact of Equality and Diversity on Organization's Productivity and Profitability: A Study on Tesco

   Added on 2023-01-13

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Research Project
Impact of Equality and Diversity on Organization's Productivity and Profitability: A Study on Tesco_1
Contents
Title..................................................................................................................................................1
LO2..................................................................................................................................................1
P3: Primary and secondary research following appropriate methods.........................................1
P4. Analytical tools to analyse research findings and data..........................................................5
LO3
P5: Research outcomes in an appropriate manner.....................................................................16
LO4................................................................................................................................................17
P6 Reflect on the effectiveness of research methods.................................................................17
P7. Alternative research methodologies and lessons learnt in view of the outcomes...............17
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................19
Impact of Equality and Diversity on Organization's Productivity and Profitability: A Study on Tesco_2
Title
“To study the impact of equality and diversity on organization's productivity and
profitability ratio. A study report on Tesco.
LO2
P3: Primary and secondary research following appropriate methods
In research project research methodology plays a vital role. This is because it provide
collection of both primary and secondary data regarding the project. Some of the points
regarding research methods are as follows:
Research choice: In order to conduct this study, quantitative research is selected. It is
followed by researcher when they need data in form of number and reliability . Apart from this
it takes more time and resources as compare to qualitative study.
Research approach: There are two types of research approaches which are, inductive and
deductive approaches. Researcher is using deductive approaches for the completion for the
project. On the other hand it supports the analyzation of quantitative information without any
problem. Inductive approach does not apply for this investigation because it requires qualitative
data and also needs more resources.
Research philosophy: Within a study, positivism philosophy will be applied as it
supports an investigator in collection and analysation of quantitative information about the
selected topic. Interpretivisim philosophy is not appropriate for current study because it is
completely based on qualitative study .
Time horizon: This is another research method that is classified into two different
sections i.e. cross sectional and longitudinal. Within an research project, a cross sectional
approach will be used as it is based on current situation and support in completion of study
within a given time.
1
Impact of Equality and Diversity on Organization's Productivity and Profitability: A Study on Tesco_3
2
Impact of Equality and Diversity on Organization's Productivity and Profitability: A Study on Tesco_4
Research strategy: Within an investigation, questionnaires will be applied as an effective
research strategy. This strategy helps in collecting valid and reliable data regarding the talent
management. Under this strategy, a number of quantitative questions will be made for the
purpose of achieving better outcomes.
Questionnaire
Q1) Are aware regarding the concept of equality and diversity in the working premises of
Tesco?
a) Yes
b) b) No
Q2) Is it important to build inclusive workforce at the workplace of Tesco?
a) It is importnt
b) Not importnt
Q3) How equality and diversity influence the productivity of Tesco
a) Positivity
b Negatively
Q4) According to you by introducing equality and diversity in their premises of Tesco,
can set standards be achieved in the specified time durtion?
a) To some extent
b) Depends on company
Q5) What are the benefits enjoyed by Tesco after building inclusive culture in the
premises?
a) More productivity
b) Huge market share
Q6) Is it so by introducing equality and diversity Tesco si able to cope with competitors
in the global market?
a) May be
b) May not be
Q7) Which type of challenges are faced by Tesco by building diverse culture at the
workplace?
a) Ethic and cultural differences
b) Language differences
3
Impact of Equality and Diversity on Organization's Productivity and Profitability: A Study on Tesco_5
8) What are the distinguish ways to retain inclusive culture in Tesco over the years?
a) Frame policies related to diverse culture
b) Celebrate every festival
Q9) State the role of manager in introducing diverse culture in Tesco.
a) Positive
b) Negative
Q10) Why it is importnt to promote cultural diversity?
a) Improves workers performance
b) Brings more creativity
Q11) Do you think existing staff members will be resisting for introducing inclusive
workforce in the working premises?
a) Yes
b) No
Q12) Provide appropriate suggestions regarding the impact of equality and diversity on
organization's productivity and profitability ratio.
Data sources: There are two types of data sources which are secondary and primary. The
secondary research gives detailed information about the strategic approaches and its importance
for talent management. For gathering secondary data books, articles, magazines etc. are
considered best sources. On the other hand, primary research gives the outputs of the structured
questionnaire with the outputs used for deductive approach.
Cost, access and ethical consideration: This is an important part of study because it
supports researchers in completion of primary and secondary study in appropriate manner.
Sufficient amount of capital will be required by the investigator for doing each activity of study
in an accurate manner. Along with this, researchers have complete access to gather information
about the study to the employees of Tesco. As it turns to support researchers by saving their time
and cost. Additionally, there are some principles of research ethics which are confidentiality,
autonomy, beneficence and informed consent. These are the main principles that must be
followed by investigators for completing primary and secondary research in a more effective
manner .
4
Impact of Equality and Diversity on Organization's Productivity and Profitability: A Study on Tesco_6

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