Research Proposal Form Student Name: ______________________Student ID: ____________ Centre Name:_____________________ Tutor:________________Date: ___________________ Unit:____________________ Proposed Title:______________________________________________ Section One: Title, objective, responsibilities Title or working title of the research project (in the form of a question, objective or hypothesis) Title:โA study of the importance of different market development strategies employed by businesses to enter into emerging Market: A Case study of M&Sโ. Research objectives (e.g what is the question you want to answer? What do you want to learn how to do? What do you want to find out?): Research Questions:๏ทWhat are thethe importance of different market development strategies employed by M&S to enter into emerging Market. Research Objectives: ๏ทTo understand the study of different entry mode strategies. ๏ทToDetermine the benefits that are derived by M&S while entering into emerging markets. ๏ทToascertaintheinfluenceofemergingmarketsinthegrowthand development of business. ๏ทRecommend different ways through which Marks & Spencer can easily enhance performance at global level. Section Two: Reasons for choosing this research project Reasonsforchoosingtheproject(e.glinkstoothersubjectsyouare studying,personalinterest,futureplans,knowledge/skillsyouwantto
improve, why the topic is important): Mainreasonsbehindchoosingtheresearchprojectistoanalysisthe importanceofdifferentstrategiesthatareemployedbybusinessesto enterintoemergingmarkets.Itisaneffectiveandlargetopicthat supportaresearchertoincreaseknowledgeaboutthedifferententry modeanditssignificanceforanorganisation.Anotherreasonbehind selectingthisresearchtopicistoanalysisimportanceofdifferent developmentofmarketstrategiesforM&Swhileenterintoemerging market.Mainreasonofselecting,M&Sorganisationforthisresearch project is it is a multinational retail company across the globe. Section Three: Literature sources searched Use of key literature sources to support your research question, objective or hypothesis: Different entry mode strategies According to the Michelle Seidel, 2018, Marks & Spencer is a large size company and it conduct its business operations in many countries. This company wants to expand its business in those countries where it does not exist. For this, there is a need to this firm to use the different kinds of entry mode strategies to enter in the market such as partnership, joint venture, strategic alliance etc. Benefits that are derived by M&S while entering into emerging markets According to thePorter and Mark Kramer, (2018) globalisation is helpful in developing the better relationshipandconductingbusinessoperationsinothercountries.Itcanchangecompetitive marketplace by providing the many benefits for an instance provide goods in minimum cost, target new market, enhance market share etc. Influence of emerging markets in the growth and development of business According to the Cheryl Nakata and K. Sivakumar, (2017), emerging market is country that gas some characteristics of the developed market but it does not satisfy the standards of developed market. Emerging market is helpful because it drive the development and growth of business in global economy. It develop the positive impact on the growth of business of Marks & Spencer in an effective manner. Different ways through which Marks & Spencer can easily enhance performance at global level According to Jones, 2018In order to enhance the performance, it is necessary for company to develop the effective strategies, attracting large number of customers, provide them better quality of productand services and many others. With the
help of this, firm can enhance its customer base and main its business position at market place. On the other hand, by considering these all factors. Company can perform its business activities at globallevel in a better manner. ๏ทhttp://www.tradestart.ca/market-entry-strategies ๏ทhttps://saylordotorg.github.io/text_international-business/s12-03- international-expansion-entry-.html ๏ทhttp://www.msi.org/reports/factors-in-emerging-markets-and-their-impact- on-first-mover-advantages/ ๏ทhttp://gointernationally.com/portfolio-item/performance-improvement/ Section Four: Activities and timescales Activities to be carried out during the research project (e.gresearch,developmentandanalysisofideas, writing,datacollection,numericalanalysis,tutor meetings,productionoffinaloutcome,evaluation, writing the report): Howlongthis will take:
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Milestone one:__Literature Review _______________ Target date (set by tutor): __________12 Days __________ Milestone two: __Collection of data _____________________ Target date (set by tutor): _____________12 Days _________ Gantt Chart Section Five: Research approach and methodologies What type of research approach and methodologies are you likely to use and why? What your areas of research will cover: Researchapproach:Therearetwotypeofresearchapproachnamely deductive and inductive. Under deductive approach. It tests the validity of hypothesis,theoriesorassumptions.Ontheotherside,inductive approach,itcontributestotheemergenceofuniquetheoriesand generalisation.Accordingtothetopic,deductiveapproachismore
suitablebecausewiththehelpofthisresearchercaneasilyidentify themes and create a conceptual framework.It is a more significant and essential approach that help an investigator to collect accurate amount of data within given time period. Source of data : For collecting accurate amount of data, there are two sources such as primary and secondary. Both are needed by the researcher toaccumulateproperinformationaboutthetopic(Alvessonand Skรถldberg, 2017). Under, primary source, questionnaire is used whereas in case of secondary source, books, journals, Magazines etc. are followed to accumulaterelevantdataaboutthefieldofstudy.Therefore,primary researchisessentialforresearchertogatherappropriateamountof information from the respondents. In this questionnaire is more suitable and effective method because it help in accumulating relevant amount of information related to the topic. Sampling: It is another important part of methodology which is used to select sample size out of total population. This section mainly divide into two parts such as random and non-random. Both sampling methods are useful but as per the research topic non-random sample method is used becauseitnotrequiremaximumamountofcostofthecompany. Convenience sampling is used as a part of non-random sampling(Flick, 2015) . It is more essential and useful for researcher to select sample size systematically. Research design:The entire research depends on the design of study which is carried out by the investigator for identifying the impact or effect. There are essentially three kind of research design which name is descriptive, exploratory, and experimental. According to the research topic, descriptive design is used because it will be more suitable for the topic and via this, the conclusion can be derived effectively. Data analysis method: In order to analysis data, thematic analysis is consider more effective method because it help in driving valid conclusion for further study. In this case, different number of theme are made on each question(Kumar, 2019).It is important for researcher to achieve better outcomes easily. Ethical issues: These are the issues which creates and impacts the decision making power of an organisation. The different kind of principles which are requires to be consider in this process includes informed consent, anonymity and confidentiality(Mackey and Gass, 2015). REFERENCES
Alvesson, M. and Skรถldberg, K, 2017. Reflexive methodology: New vistas for qualitative research. Sage. Flick, U, 2015. Introducing research methodology: A beginner's guide to doing a research project. Sage. Kumar, R., 2019. Research methodology: A step-by-step guide for beginners. Sage Publications Limited. Mackey, A. and Gass, S. M., 2015. Second language research: Methodology and design. Routledge. Silverman, D. ed, 2016. Qualitative research. Sage. Comments and agreement from tutor Comments (optional): I confirm that the project is not work which has been or will be submitted for another qualification and is appropriate. Agreed: ________________ (name)_______________ Date ______________ Comments and agreement form project proposal checker( IV sampling) Comments (Optional): I confirm that the project is appropriate. Agreed/Disagree:(NameoftheIV) Date
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Research Ethics approval form All students conducting research activity that involves human participants or the use of data collected form human participants are required to gain ethicalapprovalbeforecommencingtheirresearch.Pleaseanswerall relevant questions and note that your form may be returned if incomplete. For further support and guidance please see your respective Unit Tutor: Beforecompletingthisform,weadvisethatyoudiscussyourproposed research fully with your unit tutor. Please complete this form in good time before your research project is due to commence. Section 1: Basic details: Project title: Title: To identify the importance of different strategies that are employed by businessestoenterintoemergingmarkets.AcasestudyonMarks& Spencer. Student name: Student ID number: Programme: College Name: Intended research start date: Intended research end date: Section 2 Project summary Please select all research methods that you plan to use as a part of your project: ๏InterviewsYesNo ๏QuestionnairesYesNo ๏ObservationsYesNo ๏Use of personal recordsYesNo ๏Data AnalysisYesNo ๏Action ResearchYesNo ๏Focus GroupsYesNo ๏Others(Please specify) :
Section 3:Participants Please answer the following questions, giving full details where necessary. Will your research involve human participants? Who are the participants? Tick all that apply: Ages 12-16:Young people aged:17-18Adults How will participants be recruited (identified an approached)? Participants will recruited with the help of convenience sampling methods. It is a part of non-random sampling which is essential for the by saving time as well as cost also. Describe the processes you will use to inform participants about what you are doing: To inform all participants about the research project, I will use different number of communication channels such as social media, mobile application etc. How will you obtain consent from participants? Will this be written? How will it be made clear to participants that they may withdraw consent to participate at any time? With the application of questionnaire techniques I obtain consent from chosen participants which is written in form. Studies involving questionnaires: will participants be given the option of omitting questions that do not wish to answer? YesNo If no please explain why below and ensure that you cover any ethical issues arising from this Studies involving observation: Confirm whether participants will be asked for their informed consent to be observed. YesNo
Will you debrief participants at the end of their participation (i.e give them a brief explanation of the study)? YesNo Willparticipantsbegiveninformationaboutthefindingsofyourstudy?(This could be a brief summary of your findings in general) YesNo Section 4: Data Storage and Security Confirm that all personal data will be stored and processed in compliance with the Data Protection Act (1998) YesNo Who will have access to the data and personal information? It is a role of investigator. During the research: Researcher Where will the data be stored? Data will be stored as well as recorded in computer system. Will mobile devices such as USB storage and laptops be used YesNo If Yes, please provide further details: After the research: Where will the data be stored?
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How long will the data and records be kept for and in what format? Will data be kept for use by other researchers?YesNo Section 5 : Ethical Issues Are there any particular features of your proposed work, which may raise ethical concerns? If so, please outline how you will deal with these: It is important that you demonstrate your awareness of potential risks that may arisebecauseofyourresearch.Pleaseconsider/addressallissuesthatmay apply. Ethical concerns may include, but are not limited to the following : ๏Informed consent. ๏Potentially vulnerable participants. ๏Sensitive topics ๏Risk to participants and /or researchers ๏Confidentiality/anonymity ๏Disclosures/ limits to confidentiality ๏Data storage and security, both during and after the research (including transfer, sharing, encryption, protection). ๏Reporting ๏Dissemination and use of your findings. Section 6: Declaration I have read, understood and will abide by the institutionโs Research and Ethics Policy:YesNo I have discussed the ethical issues relating to my research with my Unit Tutor: YesNo I confirm that to the best of my knowledge: Theaboveinformationiscorrect,andthisisafulldescriptionofthe ethical issues that may arise in the course of my research Name:Date: Please submit your completed form to your supervisor and also attach to the Research Proposal when submitting to Turnitin.