Critical Evaluation of the Impact of Brand Image on Organizational Success
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This research proposal aims to evaluate the impact of brand image on organizational success using 7-eleven as a case study. It will examine the different elements of brand image, how it influences success, and recommend strategies to develop an effective brand image.
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Running head: RESEARCH PROPOSAL Management Name of the student Name of the university Author note
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1RESEARCH PROPOSAL Table of Contents 1.0 Problem statement................................................................................................................2 2.0 Aim & objective...................................................................................................................2 3.0 Methodology........................................................................................................................3 3.1 Literature Synopsis...........................................................................................................3 3.2 Data series & Surveys......................................................................................................3 4.0 References............................................................................................................................5
2RESEARCH PROPOSAL Topic:Critical evaluation of the impact of brand image on organizational success- “A case study of 7-eleven” 1.0 Problem statement Branding is one of the key aspect of managing sustainable competitive advantage in the market for all global companies. Branding facilitates in developing a unique image in the minds of the consumers regarding the products offered and it is an integral part of achieving organizational success (Lahap et al., 2016). Organizations differentiate their products from that of their rival companies by using branding by portraying the role that the organization wants to play in the life of the consumers. In this given research, 7-eleven will be chosen as the organizational case. 7- Eleven has been under the limelight for all the wrong reasons where they have criticized for their widespread systematic underpayment of all the employees in their respectivefranchisesinAustralia(Durkin,2017).Thishasresultedinnegativeand development of negative image among the consumers. Modern consumers do not want to be associated with companies having bad reputations in the market. This study will address this research problem and examine the current image of the business entity among the consumers. This will assist in understanding the way the organization can improve their brand image to improve their performances in the future.This research will also aims to create awareness among the management of 7-eleven and other companies facing similar issues so that they can develop remedial strategies. 2.0 Aim & objective The main aim of the research is evaluating the impact of brand image on success of an organization where 7-eleven has been taken as the case study. The objective of the research are as follows:
3RESEARCH PROPOSAL To examine the different elements of brand image in organizational success To examine the ways brand image influences the success of an organization To recommend suitable strategies to develop an effective brand image 3.0 Methodology 3.1 Literature Synopsis The literature review will be performed by collecting relevant journals and articles on brand image and organizational success. The past literature will be examined to understand the problems addressed and the contradictory opinions of different researchers (Johnston, 2017). The secondary data collection will ensure that all the journals and articles are peer reviewed and authentic. An empirical analysis will also be performed to understand the outcome of the past researches. 3.2 Research philosophy Consideringthe collectionof both primary and secondary data, the positivism philosophy of research has helped in using large data sample and highly structured design. Based on the sensory experiences, the logical reasoning and scientific thinking have been improved,whichcouldderivegoodconclusions(Subedi,2016). Thus,thepositivism research philosophy would be suitable and effective considering the scope and nature of research. 3.3 Research design Among the exploratory, explanatory and descriptive research designs, the descriptive research prioritised on protection against biased responses and enhanced the reliability of research. This research design should assist in conducting the research in much more details considering existing ideas and concepts and by linking the variables, where the brand image,
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4RESEARCH PROPOSAL i.e., dependent variable, creating an impact on the independent variable, i.e., organisational performance. 3.4 Data collection and analysis The primary constitute of qualitative and quantitative data, where the quantitative data are the responses of respondents who were distributed with survey questionnaires whereas the qualitative data included the responses of managers included during the interview sessions. The quantitativedataincludedclose endedquestionsaddressed to theconsumersfor obtaining their views and opinions considered as quantitative data, which were analysed with the help of SPSS tool and Likert scale. The analysis of qualitative data would be done by using codes where the patterns of data should be identified and relate to the theory (Goertzen, 2017). 3.5 Sampling method The random probability sampling should help in selecting a smaller group of samples from large groups and then survey questionnaires should be distributed to them. The non- probability convenient sampling allowed the researcher to set a convenient time for the managers of the company to provide their answers to the questions asked during the interview session. The sample size has been chosen as 20 customers and 4 managers of the organisation specified here. 3.6 Ethics The research data and materials were kept confidential to prevent unauthorised access and none of the respondents were forced to take part in the research (Sutton & Austin, 2015). They were assumed about the use of research for only academic purposes. 3.7 Limitations
5RESEARCH PROPOSAL The limitations could be time and cost constraints. .
6RESEARCH PROPOSAL 4.0 References Durkin, P. (2017). Can 7-Eleven chairman Michael Smith fix the company after wages scandal?.Retrievedfromhttps://www.afr.com/brand/boss/how-chairman-michael- smith-is-saving-7eleven-20171102-gzdk75 Goertzen, M. J. (2017). . Introduction to Quantitative Research and Data.Library Technology Reports,53(4), 12-18. Johnston,M.P.(2017).Secondarydataanalysis:Amethodofwhichthetimehas come.Qualitative and quantitative methods in libraries,3(3), 619-626. Lahap, J., Ramli, N. S., Said, N. M., Radzi, S. M., & Zain, R. A. (2016). A study of brand image towards customer's satisfaction in the Malaysian hotel industry.Procedia- Social and Behavioral Sciences,224, 149-157. Subedi, D. (2016). Explanatory sequential mixed method design as the third research community of knowledge claim.Am J Educ Res,4(7), 570-577. Sutton,J.,&Austin,Z.(2015).Qualitativeresearch:datacollection,analysis,and management.The Canadian journal of hospital pharmacy,68(3), 226.