Business Project Research Methodology: Data Analysis and Findings

This report delves into the research methodology used in a business project, examining both primary and secondary data collection methods. It explores qualitative and quantitative research approaches, detailing how data is interpreted and analyzed. The report includes a survey and questionnaire to gather information, focusing on the impact of globalization and the role of training in enhancing workforce performance, specifically within the context of a company like Nestle. Recommendations are provided to improve business functions and expand into international markets, emphasizing the importance of employee training to increase efficiency and reduce waste. The report concludes by highlighting the effectiveness of globalization in facilitating business operations across different countries and the value of research in making informed decisions.

Managing a Successful
Business Project

Research Methodology
Primary data & Secondary Data
It is the method where researcher collect information for the very first time. It is the form where
original data is being gathered by the investigator so that they can complete the research in an
effective manner. In this various sources are included such as interview, questionnaire,
observations and many more (Gunnigle, Lavelle and Monaghan, 2013)..
Secondary data refers to the method where researcher collect existing data for completing the
research. It is the method which includes various sources, articles, report, newspaper, magazines,
journals and many more.

Cont.....
Qualitative research
It is just opposite to the quantitative method as it is based on the perception and belief of individuals.
There are various methods through which this data is collected such as interview, observations and
many more.
Quantitative research
One of the method is quantifiable in nature. It is the data which includes statistical data and
information from various sources and then analysing and conducting this in an effective manner. It
is the method which includes surveys, questionnaire, and many methods in order to collect
information.

Data Interpretation
Q1). Are you aware about the concept of
globalisation?
Frequency
a) Yes 10
b) No 5
10
5
a) Yes
b) No

Q2). How training can help the workforce of
Nestle in a positive manner?
Frequency
a). Completion of project within specific time period 5
b). Enhancement in profit 5
c). Reduce wastage and scrap 5
5
5
5
a). Completion of
project within specific
time period
b). Enhancement in
profit
c). Reduce wastage
and scrap

Recommendation
With the help of above mentioned research report, it has been concluded that globalisation is one of the
best method for expanding business function across the whole world. Globalisation is the method
which provide both positive and negative outcomes to the companies. Apart from this, large
number of opportunities can enhance the performance and profitability of the company at
international market. These recommendations are as follow:
 By providing training sessions to their workforce on a regular interval, managers can enhance the
efficiency of the employees as well as reduce the wastage and overlapping of the functions. This
will assist them while expanding their business functions at international marketplace.

Conclusion
As per the above mentioned report, it has been concluded that globalisation is one of the most
effective process where business organisations transfer their information, data, goods and services
from one countries to another. It has been identified that with the help of this research, companies
will be able to take effective decisions with the help of result find from questionnaire. In this
report, data is collected through primary and secondary method of data collection. In case of
primary method, researcher adopt questionnaire method and produce outcome by conducting a
survey.

References
Boella, M. and Goss-Turner, S., 2012. Human resource management in the hospitality industry: A guide
to best practice. Routledge.
Cullen, J. B. and Parboteeah, K. P., 2013. Multinational management. Cengage Learning.
Daher, N., 2015. EMOTIONAL AND CULTURAL INTELLIGENCES AS AN ASSESSMENT TOOL
FOR RECRUITING, SELECTING AND TRAINING INDIVIDUAL CANDIDATES.
International Journal of Business & Public Administration. 12(1).

THANK YOU