Research Reflection Report: Business Development Plan Analysis

Verified

Added on  2023/06/08

|16
|5809
|380
Report
AI Summary
This research reflection report details a student's analysis of their research process and the development of a business plan for Standard Chartered Bank in Malaysia. The report explores the chosen research methodology, which includes a descriptive research design and an inductive research approach, emphasizing the collection of primary data through interviews and survey questionnaires. The student reflects on the importance of these methods for understanding customer perceptions and identifying areas for business development. The report also highlights the key literature and sources used, including economic databases, industry reports, and academic journals, to provide a comprehensive overview of the Malaysian banking sector. The student explains the relevance of these sources in supporting the development of a robust business development plan, including the analysis of competitors and market dynamics. The report concludes with a reflection on the project's significance and the application of research findings to future employment opportunities. This report, available on Desklib, offers valuable insights into the practical application of research methods in business development.
Document Page
Research Reflection Report (Assignment Format) – Guidelines for the Report
These notes are designed to help you deliver and conduct a successful Research Reflection Report.

The Research Reflection Report is a major piece of work and is designed to support your own self-critical

consideration of your research and related business skills and demonstrate that you can:-

Reflect and comment critically on what you have learnt during the programme and during the
carrying out of your research activities

Carefully consider the research which you have carried out and critically comment on this
Discuss the relationship of your research, research sources and evidence, and researching
activities to the production of your Major Project

Critically comment on the key areas, examples, sources of your research
Consider the relationship of your research, and researching, to both your Major Project and
possible future employment opportunities

Your Research Reflection Report is not only an academic exercise but also a piece of work which you may

wish to use in future employment contexts to demonstrate your ability to consider the importance of

research and researching to:-

business planning,
business success,
organisational contexts
your own academic and business skills and the contribution which you can make to an
organisation as a result of developing these skills

The Research Reflection Report therefore aims to support the student’s ability to be self critical about their

research. It also develops the students understanding and application of the core concepts of business and

academic skills while developing their ability to perform more effectively within organisations in a real

world context. The Report therefore encourages reflection on:-

1) Research Processes

2) The research methodologies which you have considered and applied

3) Research and researching as a problem solving process used by you as a student,

4) The identification and discussion of your key learning points which could be applied to other

situations.

5) The relationship of research and your major project to your professional development

opportunities and career development intensions
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Completion of the Report
The contents of the report are given in a template format (see pages 3&4)
You may treat this report as a self critical evaluation of your researching experience or “Learning
Diary” or as a final summing up of your experiences while carrying out the Research and the

Major Project in which you have been involved. It is advisable not to leave the completion of the

Report until the last minute.

Above all this Report should not be simply descriptive – it should be a self critical summary of
your learning experiences
. You should adopt a ‘critical’ viewpoint – what seems to work, what
is less successful – and why? Discuss the examples of best /good/interesting research practice

which you have come across. Consider how research examples/models can be usefully used in

business situations– and be adapted to suit your future workplace/ academic environment.

You should attempt to respond to all template sections
You should keep to the overall word limit of 4000 words maximum for the whole Report.
Things to think about when completing your Research Reflective Report:-

The nature of your research and your Major Project

Why is it being done; why are you working on this subject and how significant is it to you and to future

employers?

Plan of your schedules

Have you managed effectively your research and Major Project schedules and are they logical?

Resources

What resources (i.e. people, evidence, references, and ideas) have you used and how are you using these?

Why are they important?

Methodologies

Are the methods which you have used specified clearly, and are they sufficiently rigorous? Are

data/evidence/literature sources specified and available? Are you conducting the research and the Major

Project in a professional manner? What analytical frameworks will be used to make sense of the work?

Are these appropriate?

Support and Barrier Issues

Have these been thought through by you? How any barriers to be/being overcome?

Anticipated Benefits to you and to a future employment organisation

What are they? – Knowledge? : Ideas? : Learning Experience? : Efficiency? : Effectiveness? Financial?:

Organisational?: Skills?

How will the project satisfy you?

How will the work contribute to your personal development? How wide a range of skills and knowledge

does it use from your programme? Will it demonstrate that you have an understanding of your programme

subject areas?

Major Project Conclusions:
The conclusions which you are forming for your Major Project – are they
based on rigorous reasoning and argument?

Report Writing Skills

Write your reflections and critical views clearly and simply.
Document Page
Student name: ……WRITE YOUR NAMES HERE AS THEY ARE IN YOUR PASSPORT……..
Student ID number: ……
WRITE YOUR SCHOOL ID NUMBER HERE………………
RESEARCH

REFLECTION REPORT

(should contain the details given

below)
Please type your responses in the spaces below:
Marks

availabl

e

Research Methods & Processes

How and why have you

chosen/decided on the research

methods and processes which you

are using/have used for the

development of your Major

Project?

How would you describe these to:

1) a reader of your Major Project

and/or

2) a future employer

(max. 550 words)

The topic for my major project was designing of a

business development plan for the Standard

Chartered Bank in Malaysia, for which it was

immensely necessary to develop a proper research

methodological framework, including research

approaches, robust data collection and analysis

techniques as well as abiding by the ethical

frameworks and guidelines present in the purpose

of conducting the research activities. The research

design which I chose for my research was the

descriptive research design. Since the aim of my

research was to find the problems and bottlenecks

existing in the operational and service provisional

framework of Standard Chartered, Malaysia and to

capture the perceptions of the customers regarding

the strong points and the limitations of the service

framework of the concerned framework, I adapted

the descriptive research design, which facilitated

me to understand and use wide range of varied

information present in these aspects.

I also chose an inductive research approach instead

of a deductive research approach. This is primarily

because my intention was to suggest a business

development plan depending upon the data and

evidences collected and the analysis done on the

data for which the inductive approach is most

suitable. For my research I did not need to form any

kind of hypotheses before carrying out the research

activities and did not need to accept or reject the

same, based on the data collected. Thus, I chose

inductive approach over deductive approach.

For any research, generally there remain two types

of data- primary and secondary. For my research

primary data was of utmost importance since to

understand the bottlenecks present in the

operational framework of the Standard Chartered

15
Document Page
Bank, I felt it essential to consider the opinions of
the direct customers and their perceptions and

suggestions regarding the aspects in which the

concerned company should concentrate to improve

their services and expand their business as well as

profitability. For this purpose, I collected primary

data with the help of interviews conducted with

survey questionnaires. I used close ended questions

with options given for the respondents since this

helped me to take the interviews efficiently and

time-effectively and also to organize the findings in

a more efficient manner. The data type was strictly

quantitative, which helped me to efficiently

calculate the weightage of the perceptions of the

customers in each category. I chose the 50

respondents with the method of random sampling

to remove all kinds of intended and unintended

bias in sample selection and also to incorporate

variations in the sample size, which enabled me to

capture various and widespread opinions of the

respondents.

1. To make the readers of my Major Project

understand the research methods and techniques

which I have chosen and the reasons behind the

selection of the same, I have written down all these

aspects categorically and in details in the research

methodology section. In this section, I have not only

mentioned the approaches, designs and

methodologies I chose for my research project but I

also mentioned the other alternatives and why the

one I chose was the most appropriate in each

aspect.

2. To make my employer understand these

concepts I would try to give practical examples of

all the options verbally and then elaborate on the

viability of the research methods, approaches and

processes which I chose and why the same appears

to be most relevant for my research.
.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Literature & sources
1) What are the most important

theories/literature sources

/evidence sources which you are

using to justify your research and

your Major Project?

2) Why are these sources

important and fundamental to your

work?

(max. 550 words)

1. To conduct the research activities for completion

of my major project, targeted to the development

of a new business development plan for the

Standard Chartered Bank, operating in Malaysia,

considerable amount of ground work and extensive

studies were required to be conducted. I need to

study extensively not only about the operations and

past activities of the concerned bank in the banking

industry in Malaysia, but I also had to study

extensively about the overall banking industry in

Malaysia, its conditions, the ways it operates in the

country, the participants in the demand and supply

side, the changes in the behaviours of the

participants over the years as well as the dynamics

which the operational frameworks of the banks in

the industry experience in the country over the last

few years. I also had to study about the competitors

of the Standard Chartered Bank in Malaysia and

their advantages over the concerned bank as well

as the aspects where these companies lag behind

the Standard Chartered Bank in the country.

For the purpose of conducting the study on these

aspects I relied on a huge number of literary works

and empirically evidenced scholarly works as well

as on various reports, news articles and statistical

databases for conducting my industry review for

the purpose of understanding the overall dynamics

in the banking industry, which are expected to have

considerable impacts on the operations and

performance of the Standard Chartered Bank in

Malaysia and are also crucial factors to be taken

into consideration for the purpose of designing the

business development plan for the concerned

organization.

For the purpose of considering and studying the

economic conditions of Malaysia and relevant

economic indicators which are required to be

studied for the concerned major project, I relied on

the statistics from reliable sources like that of the

statistical databases of World Bank and also

Tradingeconomics.com. For the purpose of

reviewing the different components and dynamics

in the operational framework of the banking

industry of Malaysia, as a whole, I referred to

various trusted and reputed sources like that of

Businesswire.com, which provides extensive

overviews of the banking industry of the country

and also highlights the different participants, their

15
Document Page
market share and dominance and other vital
statistics about them over the years. Apart from

that I also relied on trusted peer reviewed journals

and papers published in academic journals like that

of Jstor, Emeraldinsight, Elsevier and various other

literary sources, which in turn helped me to

conduct an extensive review of the literatures and

evidences present in the aspects relevant to my

research on the market development plan for the

Standard Chartered Bank, which has already been

operating in Malaysia. I also relied to various

government sources and databases, primary for the

purpose studying the practices which exist in the

banking industry of Malaysia and the strategies

which the government of the country takes to keep

the concerned industry floating.

2. The resources and literary as well as scholarly

sources which I chose for the purpose of conducting

my research have been of fundamental importance

for the research. This is primary because, I gathered

all the relevant and highly necessary information

about the banking sector of Malaysia, economy of

the country as well as the different aspects in the

operational framework of the Standard Chartered

Bank in its operating framework of Malaysia. The

authentic and extensive empirical evidences also

helped me in taking into consideration the

bottlenecks and aspects of change for the

concerned bank more efficiently.
.
Your Knowledge

What key areas of knowledge

have you gained from undertaking

your research and the Major

Project?

Indicate why these are so

important to you?

(max. 400 words)

Conducting the major project and doing the

research related activities for the purpose of

designing the business development plan has been

an enriching experience for me from many

perspectives. The activities which I carried out for

development of the business development plan for

the Standard Chartered Bank and its operational

framework in Malaysia helped me increasing my

knowledge and skills in the following domains:

Firstly, working on the project enhanced my
knowledge on the overall operational framework

banking industry in general and also regarding how

the industry works. It also helped to increase my

knowledge about the Standard Chartered Bank in

particular and also in getting a useful insight about

the economy of Malaysia also.

The project also increased by research
skills, including those of undertaking extensive

10
Document Page
review of the literatures, organizing them according
to the relevance and need of the major project,

which in turn increased my capability of reading

and taking in various points simultaneously.

For the concerned research, I collected
primary data, by interviewing customers of the

Standard Chartered Bank in Malaysia. For this

purpose, I needed to develop a proper survey

questionnaire consisting of relevant and close-

ended questions with appropriate and easily

comprehensible options which the respondents

needed to select from. This substantially added to

my research tools development skills and

conducting those interviews with a sample set of

respondents, each having their own perceptions

and attributes, also developed my communication

skills.

The analysis of the data which I collected,
have been done on the statistical software

platform, SPSS, which I learnt particularly for this

project. I carried out statistical tests like those of

correlation, regression and ANOVA. These,

cumulatively, enhanced my knowledge about

statistical tools, models and techniques and the

relevance of the same as well as the aspects of how

to apply these tests to the project which I am

working on.

While interpreting the findings of the
research as well as while carrying out the

interviews of the respondents, I learnt the

importance of abiding by the ethical norms and the

importance of ethics in research.

All these factors and aspects which have led to an

increase in my knowledge are of immense

significance for me. This is because the knowledge

in different key areas, as mentioned above, which I

gained by conducting the research are not only

important for this particular research but also for

my future endeavours, both in my academic and

future professional careers, as I believe the skills

which I adopted will be useful in these domains of

my life and will help me succeed in my career.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Your Learning
What are the most important

aspects/examples of learning

and/or skills which you have

gained from:

(1) undertaking the MBA

programme,

(2) following through your

research, and

(3) applying your knowledge and

what you have learnt in your

Major Project

(max. 400 words)

The entire MBA programme and the major project

which I have completed have been together

extremely learning and skill developing experience

for me. The most crucial aspects of learning and

skills which I acquired from each of these activities

and programmes can be elaborately discussed as

follows:

1. From undertaking the MBA Programme- I have

primarily undertaken the MBA programme with the

intention to develop my skills and increase my

qualification as well as credibility in the corporate

world. The programme has been a learning

experience as a whole. Firstly, it opened both my

vision and mind about the corporate world, how

vast it is, the different operations and components

which are simultaneously needed to be taken into

consideration by the business organizations in

order to stay buoyant as well as the different skills

which the employees and managers in the

corporate world need to acquire in order operate

efficiently and prove them as valuable resources for

the companies in the corporate world. The MBA

programme has also helped me acquiring several

personal skills, which I believe to be of immense

importance in my future endeavours. These include

the ability of time management, multi-tasking,

communication skill enhancement, interacting with

diverse people with different origin, academic and

work experiences and religion as well as ethnicity,

which I believe will help me to help me in my work-

life.

2. Following though my research- The research

which I undertook, has helped me in enhancing my

old skills and in acquiring new skills as well as

productive and unforgettable learning experiences

for my future endeavours. The aspects of immense

importance in this case, is that of the development

of time management skills, cost management skills

(for that of budgeting for the major project) as well

as my analytical and researching skills as a whole.

The most important learning experience which I got

through my research activities is that knowledge

has no boundary and one can go on going deeper

and deeper regarding knowledge acquiring in any

aspect. But one should know how to filter the huge

information bundle which they receive, to get the

relevant and appropriate information for their

works.

10
Document Page
3. From application of knowledge and learnings
from Major Project- The most important aspect

which I personally feel to have experienced in

application of my knowledge in the major project is

the increase in my intuitive abilities to design an

entire business development plan for a reputed

bank like that of Standard Chartered, where I kept

myself in the place of the management.

Critical Thinking and your

ideas

In carrying out your research, your

analysis, your evaluation of

evidence, and in identifying or

proposing conclusions, what has

been the most important

discovery, or piece of evidence, or

theory, or viewpoint, or critical

idea, or critical addition to your

knowledge, or other item of

importance and why?

(max. 400 words)

In carrying out the research project about the

designing of the business development plan of the

Standard Chartered Bank in Malaysia and while

inferring and drawing conclusions regarding my

findings, I have come to various important

discovery and evidences, especially regarding the

perceptions of the people regarding the aspects on

which the companies in general and the Standard

Chartered Bank in Malaysia, in particular, need to

emphasis upon in order to develop their businesses

in the economy of Malaysia.

In this context, the most important discovery has

been that the customers, while availing the services

of any service provider (in this case the service

provider being the Standard Chartered Bank of

Malaysia), concentrates on several aspects and

components of the services in order to judge the

quality of the same and evaluate the level of

satisfaction and utility which they acquire from

availing the services from the concerned service

providers. Of these the primary aspects which are

focussed on by the customers are that of the

overall behaviour of the employees, the level of

knowledge of the employees regarding their job

roles and the sector in which they are working. The

promptness of the employees in providing services

to the customers as well as their empathy and

10
Document Page
eagerness to solve the problems of the customers
and in answering their questions are also

considerably important aspects considered by the

customers (especially of that of the Standard

Chartered Bank in Malaysia), while rating the

services availed by them. The findings of the

concerned research also highlight that these

aspects play significant roles in repeat purchase

intensions of the customers and adds to the

reputation of the companies, thereby increasing

the profitability and sustainability in a competitive

market. Based on this discovery, I also have

bestowed large weightage on the development of

the skills of the employees of the Standard

Chartered Bank in Malaysia and on proper human

resource management in the company, in the

business development plan which I designed for the

same.

I also found a significant and relevant evidence in

this aspect, regarding the huge popularity of online

banking activities in the contemporary period and

the increasing level of acceptance of the same over

conventional banking methods, especially by the

youth and young generation customers in the

banking industry, especially for the Standard

Chartered Bank in Malaysia. The customers can also

be seen to be evaluating the quality of service of

the concerned bank based on the quality, ease and

accessibility as well as the number of services which

it gives in its online banking interface.
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Barriers met
What were the main difficulties

and barriers which you were faced

with in:

(1) undertaking your research, and

(2) completing your Major

project

(max. 400 words)

The major project has been an immensely enriching

and learning experience for me and one of the

major aspects in this aspect has been the difficulties

and limitations which I have experienced in this

process as I will keep in mind the limitations and

difficulties and will also try to get over the same, in

my future endeavours, both academic and

professional. The main difficulties which I

experienced can be listed as follows:

1. In undertaking the research activities:

The primary difficulty which I faced in
conceptualizing the entire research and in deciding

how to proceed, was that of deciding upon the

company I want to focus on as there were multiple

options for my research. I had to read a lot about

the business-related problems as well as regarding

the important sectors in the economy of Malaysia

which needs attention before selecting the

company I want to proceed with.

Another difficulty which I experienced while
carrying out the research activities was that of

selecting the sample size whom I wanted to

interview for the purpose of capturing the

important opinions and perceptions as well as

suggestions based on which I intended to form the

business development plan for the Standard

Chartered Bank in Malaysia. For the purpose of the

research I needed to collect opinions and

perceptions of various customers, varying in the

attributes like income, gender, work, social status

and demands from the bank whose services they

are availing. The customer base of Standard

Chartered in Malaysia being huge, I experienced the

challenge of taking a robust sample set with decent

sample size and devoid of any kind of bias, for

which I had to rely on random sampling techniques.

Another difficulty or more of a limitation
which I felt to be left in the research was that of

non-incorporation of all the perceptions and

opinions available which was however, unintended.

2. In completion of my Major Project

Interpretation of the data collected and
analysed was one of the most difficult and draining

activities which I experienced in the completion of

my Major Project as I had to stay completely

10
Document Page
unbiased while interpreting them and had to rule
out the incorporations of my own perceptions, the

unintended chances of which were considerably

high.

Another difficulty which I faced in the
completion of my Major Project was that of

inclusion and proper incorporation of the

assertions, perceptions, opinions and suggestions of

the customers interviewed, efficiently and

appropriately in the business development plan for

the concerned organization.
Document Page
Your Professional Development
What are the most important

business and/or management

skill(s) or academic idea(s) or

lesson(s) which you have learnt

from undertaking your research

and your Major Project – and

why?

(400 words)

The major project which I undertook, has not only

been a learning experience in the aspects of my

future academic and research skills and abilities but

has also helped me in gaining important lessons

and skills in the aspects of business and

management, which I believe will be crucial for me

in my corporate life in the coming years. The

primary ones, in this aspect are as follows:

The first management lesson which I
acquired from carrying out my major project is that

the customers are of the most crucial significance

and contributes most to the success or failure of

any business organization, especially the service

providing companies, which in turn makes it very

important for any business manager to prioritise

their customers and also to incorporate the

demands, complaints, feedbacks and suggestions of

the customers in their operational and service

provisional frameworks, which in turn plays

significantly crucial roles in deciding the profitability

and sustainability of the businesses.

One of the skills which I developed in
carrying out my major project on forming the

business development plan for Standard Chartered

Bank of Malaysia, is that of a much improved and

effective communication skill and the ability to

strike up fruitful conversation with people of all

age, gender and background. Personally, I feel, the

most important research related activity in the

major project, which enhanced my business-related

communication skills, is that of the interviews

which I conducted with the selected 50

respondents (customers of the Standard Chartered

Bank in Malaysia). This, is one of the management

skills, which I believe to be one of the most

important skills which I will have to be

implementing in my future corporate life.

The major project has also developed my
academic ideas about proper researching and

literature reviewing skills. This has helped me to

acquire the skills of data collection and more

importantly of data sorting and organization.

The statistical tools and software platform
(SPSS) which I have used for the purpose of data

analysis for my research project, are also crucial

skills, both for academics as well as for my future

management roles which I intend to play in my job

10
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
life. I can use these skills for the purpose of data
collection, analysis, interpretation and planning as

well as strategy making based on the collected and

analysed data.

Objectives

Based on your research and the

work which you have done in the

MBA Programme and its use in

your Major Project, what were and

how far have the objectives of

your major project been achieved?

(max. 450 words)

The major
objective of the major project was that
of the designing of a proper business development

plan for the Standard Chartered Bank in Malaysia,

so as to increase the operations of the concerned

business and expanding the sales, clientele as well

as profitability of the concerned company in the

banking industry of Malaysia. Based on the primary

objective, the other objectives and aims of the

major project which I undertook in my MBA

programme, are as follows:

To justify the selection of the concerned
business entity, the Standard Chartered Bank of

Malaysia, as the company whose business

development plan has to be made.

To conduct an extensive review of the
industry, in which the concerned company

ventures, that is the banking industry of Malaysia in

order to see the external as well as the internal

factors which can have implications on the

businesses as well as on the success or failures of

the Standard Chartered Bank of Malaysia.

To collect proper, robust and reliable
information regarding the strengths and

weaknesses of the concerned organization, for the

purpose of development of a new and revamped

business plan for the same, such that all the

problems are acknowledged and addressed

efficiently.

To concentrated on different components
of the operational framework of the concerned

company (mainly the human resources, financial

aspects, operational framework and similar factors)

separately for the purpose of development of a

wholesome and all-addressing business

development plan.

Most of these objectives have been efficiently and

considerably met in the major project undertaken

by me. For instance, the objective of conducting the

extensive review of the industry in which the

conditions of the banking industry of Malaysia can

be seen to be elaborately and reliably described.

10
Document Page
The MBA Programme has helped me enhance my
analytical skills as well as helped in increasing by

intuitive abilities, which have been of great use in

meeting the objectives of the major project. These

skills which I acquired from my MBA programme

and my research activities have helped me in

analysing the perceptions and opinions of the

customers in the aspects of the service quality of

the Standard Chartered Bank in Malaysia and also

regarding the aspects of service provision

framework, where the company lacks behind the

others in the country.

The primary objective of the major project, of that

of formation of a business development plan for

the already existing business of Standard Chartered

Bank in Malaysia, has also been considerably met,

as per my knowledge. The MBA program and the

research activities which I conducted have helped

me considerably to take into account

multidimensional aspects of the concerned

business for the development of the new business

plan for the company more efficiently.

Findings & outcomes

How useful and/or feasible are the

findings, recommendations,

conclusions, or outcomes of your

Major Project to you and/or to a

future Employer?

You must justify your answer with

specific examples.

(max. 450 words)

The major project which I conducted, for the

purpose of developing a new and revamped

business plan for the Standard Chartered Bank

comprised of diverse research activities, data

collection and analysis as well as interpretation of

the findings of the research. The project led to

some major findings, specifically about the aspects

of service framework of the Standard Chartered

Bank in Malaysia, which need improvements and

which also need to be incorporated in the

operational framework and business development

bank in the coming years. Based on these aspects

several recommendations have been provided for

the purpose of development of the business

development plan of the Standard Chartered Bank.

The primary findings suggest that there remains

dissatisfaction among the customers of the

concerned bank regarding the roads and transport

frameworks, the space insufficiencies, number of

ATMs as well as regarding the level of personal

guidance, behaviour, knowledge regarding the job

roles and responsibilities of the employees. The

level of satisfaction of the customers regarding the

quality of the online banking interface and service

of the concerned bank, especially in comparison to

the other banks operating in the banking industry

10
Document Page
of the concerned country. These findings seem to
be considerably authentic and reliable as well as

justifiable, given that the concerned company

operates in a very competitive environment where,

there remains many other business rivals, most of

whom are as competitive and efficient as that of

the Standard Chartered Bank itself, in Malaysia.

Based on the findings, several crucial

recommendations have been put forward in my

major project, like that of improving the skills and

overall behavioural aspects of the employees of the

concerned company, increasing the number of

ATMs, especially in the remote areas of the

country, specifically focussing on the development

of the online banking website of the company, so as

to attract new customers and retain the old ones.

The recommendations of the major project,

regarding the business development plan, also

include the financial planning based on the

prediction of the company’s assets, capitals and

other aspects.

All these recommendations for the business

development plan of the company taken into

consideration in the major project, are relevant,

applicable and also considerably feasible. This is

because all the recommendations are required to

be incorporated in the development of the

revamped business plan for the Standard Chartered

Bank. The skills and behaviours of the employees of

the Standard Chartered Bank can be developed

through proper and periodical training from the

management. Similarly, the online banking services

of the concerned company can also be developed

by employing relevant resources and also by

incorporating the needs, demands, suggestions and

feedbacks of the customers using the same. The

incorporations of these recommendations can help

the company build a robust and more profitable

business framework in Malaysia in the coming

years, in which case, the main purpose of the major

project, undertaken by me, will be fulfilled.

TOTAL

100
chevron_up_icon
1 out of 16
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]