In: Operations Management
This discussion asks you to compose and post a research proposal for your final project assignment, and offer feedback to others on their projects.
Your Formal Research Proposal should consist of the following items:
Topic: The study of equity market and competitive analysis.
Objectives: To determine the insight of stock market and understand the online trading.
Background: Purchasing and selling shares through online is called online trading. In online trading a customers can access stockbroker’s website. The online trading services are basically divided into two broad categories. First one is discount brokers and the second one is full service online broker. Discount brokers allowed the customer to do the trading via online whereas online trading is linked to the customers at reduced risk.
Importance of Online Trading:
Sampling
Yamane’s formula is used calculate the sample size.
n = N
1 + N e2
Where n = the sample size
N = the size of the population
e = the error of 5 percentage points.
The following research model has been used in this research
In the above model the dependent stakeholder’s satisfaction depends upon the independent variables stakeholder identification, stakeholder analysis, stakeholder’s dynamics and stakeholder engagement. The relationship between the dependent and independent variables has been determined by using multiple regression analysis.
Questionnaire
This method is the most popular method of collecting data from the respondents by the researcher. In this method, lists of questions are prepared by the researcher and are mailed to the respondents, who are requested to answer the questions in the space provided. The identity of the respondents is generally not disclosed and thus the respondents answer it more correctly.
Merits of Questionnaire
a) It is an affordable method of collecting information from the respondents.
b) This method is free from the biases of the interviewer.
c) This method can be employed to collect information from wider population.
d) This method is free from the time constraints.
Demerits of Questionnaire
a) This method can only be used when the respondents are educated and are able to read and write.
b) Respondents may answer it ambiguously and collecting information from it can become a difficult task.
c) The respondents may not fully represent the population.
Schedules
This method is same as that of the Questionnaire, except that the responses are filled in by the enumerator. Here the enumerator ask the predetermined questions to the respondents and thereby fill the response himself.
Difference between Questionnaire and Schedule
Questionnaire |
Schedule |
It is generally mailed to the respondents and they fill in the responses themselves. |
It is filled in by the researcher or the enumerator himself. |
The identity of the respondents is undisclosed. |
The identity of the respondents is known. |
It is free from the biases of the researcher. |
It is affected by the biases of researcher. |
It is more affordable method of data collection than schedule. |
It is a costly method of data collection. |
This method is used when the respondents are educated. |
This method is used when the respondents are illiterate or less educated. |
The rate of response is quiet slow here. |
The rate of response is much high. |