Research Methods and Process Reflection Report: FMCG Industry Analysis

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This report is a research reflection on the factors impacting profitability in the UK FMCG industry. It covers the research methods used, including quantitative and qualitative approaches, and the application of SPSS tools for data analysis. The report discusses the literature review, drawing on various sources to understand the impact of different factors on the FMCG industry. The student reflects on their knowledge gained, learning experiences, and critical thinking processes, including the challenges encountered during the research. The main aim of the research was to assess factors that impact on the profitability in the FMCG industry of UK. The research employed quantitative and qualitative research methodologies. The report also examines the use of inductive approaches and positivism in relation to the research, providing an overview of the research program, its objectives, and the barriers faced during the process. The student also reflects on how the research has enhanced their understanding of the FMCG industry and improved their skills in problem-solving and time management.
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RESEARCH
REFLECTION REPORT Marks
available
Research Methods &Processes
Reflection form is very important element
that assists to determine learning from the topic in
professional manner. In this part, everyone can
perform in better way through share idea and
opinion about their reflection. It occurs through
keeping test experience in order to ask about the
review which is also evaluates feedback performed
for greatest benefits. In order to focus on report, it
covers methods and process of research that are
used in development of major project. Furthermore,
it discusses about theories that used to justify major
part of the research. At last, critical thinking also
assess with creative ideas about the research
program.
Main aim to conduct the research is assessment
factors that creates impact on drives on the
profitability in FMCG industry of UK. Different
programmer and initiatives that are need to be
taken. Primary objectives of this examines
importance of it in respect to accomplish its benefits
at workplace. Method that have been chosen for this
is quantitative and qualitative research that assists to
quantifying results regarding the topic. In this
aspect, SPSS tools are used that carried to calculate
data from different resources at workplace. In
addition to this, inductive approach has been
implemented with positivism relations that are
quantitative in nature.
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Literature &sources
With the help of different books, journals and
online databases are used in order to carry research
study. In respect to carry tools of statistics,
knowledge from different websites and many other
things has been implemented in current research. As
per the view of Anselmsson and Bondesson (2015),
FMCG industries collect secondary data that are
collected from different resources in successful
manner. It is very important that assists to look
forward in career growth of companies. It provides
strengthening in ground of different aspect to focus
on goals. It is also provides insight knowledge that
assists to handle various queries and helps in
sharpen managerial skills. However, Genovese,
Lenny Koh, Kumar and Tripathi (2014), stated that
analysis of factors is very important task that assists
to create proper investigation regarding different
tactics. Hence, FMCG industry can be implemented
it in successful manner. It assists to create important
concept in student mind that is provided by faculty.
In addition to this, Gupta and Bhatia (2015),
said that factors in FMCG provides detail
knowledge about sources that would be taken in
respect to get positive outcomes in organisations.
There are various important sources available that
describes about effective results in respect to carry
research about selected industry. In this aspect,
managerial skills will be develops that assists to
grow effective results in successful manner. On the
other hand, Lin, Sanders, Sun, Shipton and Mooi
(2016) argued that it is carries in different types of
organizations such as Unilever, NESTLE, KRAFTS
FOOD, P&G and Johnson & Johnson. Hence,
factors creates impact in respect to implement the
functions and operations. It assists to maintain
strong value and positive image of the organization
in which FMCG is working.
Different sources assists to gather relevant
information regarding impact of different factors. It
will assist to gather knowledge that creates impact
on overall structures of FMCG industry. It is the
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great advantage to make effective contact with
customer with assessing their requirement.
Your Knowledge
In respect to determines knowledge in FMCG
company, its demonstrate importance for enhance
understanding important activities that are
significant and effectively working in competition.
There are several factors creating impact on its
functions and operations. Thus, it can be stated that
it is very important to enhance knowledge and skills
of employees in order to carry it for different
members. As a researcher, I have observes and
understand that how learning capabilities will be
improves regarding serves to customers.
In this research, it has been observed that
factors are broadly connected with financial
performances of the company. This is because, it
assists to determine enhance profitability at
workplace. This is because, it is very important
concept to provide feasible knowledge in respect to
make statements. It assists to collect huge amount
that create competitive advantages in respect to
implement functions and operations. As a
researcher, it has also identified that it insist
requirements that assists to examine importance of
research programme to assess the factors. With the
help of different applications, it could be understand
that several factors influences to customers and
employees. It is identified from literature review
regarding research. In respect to carry extensive
research, institutions performed very well to
implement programme in industry.
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Your Learning
In order to considered primary objectives, present
research is identifying factors that are related to
financial performances of FMCG industry.
Research Program is also helpful aspect which aids
me for increase further ideas and operations with
practical knowledge. This is because, it enhances
skills to solve the problems in communication
abilities. Further, module and assignment made in
this program that assists to become better learning
in the environment.
When research is conducted, researcher gain
knowledge through different books, online portals
and many other sources. These primary and
secondary sources enhance important aspects and
knowledge in existing circumstances on FMCG
industry. Therefore, it is also influence to the
organisation in successful manner. With the help of
statistical methods, research is proceeding that
assists in learning the plans in better manner to
understand the risk and difficulties. In addition to
this, researchers learns about the research that
activities need to be done on time.
Critical Thinking and your ideas
The present is determines analysis from
quantitative and qualitative analysis that is based on
questionnaire which prepared on customers. In
order to conduct the research, opportunity
established which assists to meet with their
demand. In the research, I also requesting
customers to share their ideas and knowledge
regarding this analysis in whole survey. This is
determines fact aspects and data collect at first time
in order to take interview from customers.
In respect to carry SPSS tools, descriptive
statistics has been carried at workplace of FMCG
industry. With the help of taking views and
responses from each person my confidence level is
build very strong in order to ascertain goals and
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objectives. Hence, new customers can be attracted
at workplace that assists to enhance thinking
capacity and reflect on probable explanation. In
addition to this, activity ratio also used to find out
high level of assistance to the firm. It is also helps
in order to gain knowledge to maintains relations
with various people that are continuously
purchasing from selected organisations. In respect
to conduct the research, data is also handled that
assists to collects relevant information to learn
better performances in respect to gather
information.
Barriers met Research in FMCG industry determines on
resources to analysis primary and secondary data
which is essential element of my course. Main
difficulties occurs in research to collect the real and
definite data that assists to empirical analysis.
There are huge number of customers gives their
views regarding factors that creates impact on
FMCG. It is also identified to attain competitive
advantages in selected industry. Searching for
material is tedious job that need to be managed
with including questions that are relevant for
determines information for developing ideas about
the topic. This is very difficult task for me in whole
research program as researcher. SPSS tool is also
creates certain problems to implement the data that
assists to make high profits and revenue at
workplace.
Another problem is conducting research is
gathering material in respect through SPSS sessions
regarding customers that requires huge time. In
respect to conducting entire research, it is very
great challenge that I faced in whole program.
When research study is conducting, I gained insight
information in exact research with related to FMCG
industry. Performances of research is assists to
improves my own performance as the leader. In this
aspect, time management is very important aspect
which would be better for positive results. It is also
aids in enhancing management skills effective
manner.
In addition to this, another essential
capability learnt in respect to conduct research that
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is competence and focus. There are relevant
materials also present in market that serves return
on equity analysis. In this aspect, it is also learned
that profitability of an enterprise is operating in
respect to assess industrial sector results for
financial outcomes. Thus, results of present
dissertation is based on target aims and objectives
of the project. With the help of investigation, it has
been identified that operational performance of
FMCG is assessing existent state of profitability.
With the help of objectives, positive outcomes has
been measures that is referred by company to
measure the performances at workplace.
In addition to this, another essential capability
learnt in respect to conduct research that is
competence and focus. There are relevant materials
also present in market that serves return on equity
analysis. In this aspect, it is also learned that
profitability of an enterprise is operating in respect
to assess industrial sector results for financial
outcomes. Thus, results of present dissertation is
based on target aims and objectives of the project.
With the help of investigation, it has been identified
that operational performance of FMCG is assessing
existent state of profitability. With the help of
objectives, positive outcomes has been measures
that is referred by company to measure the
performances at workplace.
Objectives Primary objectives of the research study is analysis
significance impact of factors that creates impact
on FMCG industry. In respect to influences also
recognize on customers within the chosen
enterprises. Therefore, organization can access
different factors in selected business is Unilever,
NESTLE, KRAFTS FOOD, P&G and Johnson &
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Johnson. With the help of stated objectives,
research assists to conducting different program
that are related with reviews. In respect to assess
the results and literature review, customer prefer
organization that can be fulfill objectives of
business. In addition to this, it is also revealed in
term of large impact on customers. At last, proper
recommendations also given in conclusion part of
the research study. In addition to this, another
objectives is to collect the relevant information that
assists to identified aspects which can be promote
to the profitability of company in successful
manner. Further, financial positioning is also
evaluated that assists to drive the profitability in the
organization.
In addition to this, another objectives of
FMCG sector business is to develop the
performances in term of online promotion. In this
system, enterprise need to motivates their
employees to take part in respect to achieve goals
and objectives. Therefore, training is also provided
that assists to create effective results at workplace.
Hence, skills and ability of people will be enhance
at workplace that assists to promote business results
in successful manner. Further, potential customer
target is also important elements which assist to
gather relevant information about new market.
Thus, Unilever, NESTLE, KRAFTS FOOD, P&G
and Johnson & Johnson can easily enter in new
areas of different places.
Findings & outcomes
Recommendations that can be given in research
entirely determines policies of the organisation in
Unilever, NESTLE, KRAFTS FOOD, P&G and
Johnson & Johnson. It is based on present
environment of the market that assists to handle
customers in proper and efficient manner. With the
help of considered exact team members, research
study professionally developed for better job in the
future. In addition to this, suggestions and
recommendations helps in my level of knowledge
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at workplace. Therefore, learning has been
inculcated in entire research to perform better
functions and operations. Entire activities has
professionally and personally supported to
recognizing areas of development in effective
manner. Hence, major project is challenging in
respect to extent challenges with effective learning
tool for me. In this aspect, it has been identified that
certain factors creates effective impact on the
performances and results of organization. It
includes ROE, ROA, current ratio and assets
turnover ratio, etc. Therefore, it is necessary to
maintained magnitude of each factor which
demonstrate expenditure that occurs in the
organization. Different use of assets need to be
enhances so that profits could be made at great
extent. Further, every organization need to
implement effective measurement so that profits
will be earn in successful manner that assists to
grow outcomes and results in positive aspect.
In addition to this, it is also effective aspect
which could be better to understand the concept of
target and effective performances at workplace. It
assists to FMCG to enhance their participation in
term of gather relevant knowledge and information
at workplace. In addition to this, nowadays, modern
technology is growing very fast so that it is
responsibilities of different organisation to take
ideas and opinion from different customer to
promote their products and services. It assists to
gain competitive advantages in front of manager.
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