Friday, May 15, 2020

Scientific Method and Desk Research Essay - 1458 Words

Assessment activity 1 1. When conducting research on behalf of your organisation or for a client organisation, how will you determine the most appropriate data sources to use? In this case the most suitable data source will be a desk research because this information will have already been gathered, analysed and reported on by other companies. It means that you will not waste time and money doing what others before you have done. 2. Why are cross checks and cross references necessary? To ensure the information is correct. Assessment activity 2 1. What tools would you use to collect and collate data and why would you use them? 2. Why should your desk research include the collection and analysis of data relative to†¦show more content†¦Market value is based on expenditure including sales tax in these outlets; market volume is based on numbers of outlets. A Snapshot report is designed to provide instant preliminary market research. Each report provides an overview of the defined market, including market size, market forecast, segmentation, company market share along with top-line socio economic data. The data is supplied in both graphical and tabular format for ease of interpretation and analysis. There is is a mix of primary and secondary data sources. In addition each market contains an exclusive 5 year market size forecast. What’s more, our team of international research analysts are always on hand to provide further assistance where required. It’s a level of service you won’t find anywhere else. Secondary Research All secondary data sets in both local and global languages are derived from a range of sources, from government statistics to trade magazines. In addition, strong relationships with different companies. . Typically an analyst use a minimum of 3 to 4 data points for each table, analysing different aspects of the market. Full transparency of source data is provided for all secondary sources. Furthermore, we need to seek written permission from the original source which is quoted in every case, reinforcing the integrity and robust nature of the data. Primary Research – Trade Interviews Once secondaryShow MoreRelatedStem Cell Research Questions626 Words   |  3 Pagesown life, I have been lucky enough to encounter a range of happy accidents that have helped me learn and better explore the world. For instance, as a child, I was able to understand the concept of depth by trying to cram all of my possessions into a desk drawer. I was able to understand the concept of radius and diameter when I was slicing up an apple pie for my mother. The concept of evaporation was demonstrated to me firsthand as a child in that I was too lazy to clean up a glass of water that IRead MoreThe Scientific Methods of Analysis: Case Studies1014 Words   |  4 PagesScientific Method Scenario 1: Youre having guests over for dinner and you prepared the menu you elaborated in Unit 6 assignment. 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