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Unit 11 Research Project in HND Business Management

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Aim of Unit 11 Research Project in HND Business Management Assignment

According to the Unit, 11 Research Project in HND Business Management, knowledge about entrepreneurship is essential in order to understand the barriers that might occur in a start-up business. National and economic culture influences entrepreneurship in various ways. This would help the students to acquire knowledge about the characteristics of entrepreneurs as well as the influence of situational factors including background and education after understanding the Research Project Example. Moreover, small firms and social enterprises play an important role in the economic development of a society. Thus, the students would be able to understand the risk factors for starting a new venture. They would further be able to reflect and investigate on their own the characteristics of enterprises and entrepreneurs with Research Project Example.

Learning Outcomes

LO1 Examine appropriate research methodologies and approaches as part of the research process

Entrepreneurship is the act of taking up financial risks during the establishment of new ventures with the hope of earning a profit. An intrapreneur is a person that fosters innovation within the limits of the organization whereas an entrepreneur is a person who initiates a business with the aim of earning a profit. Moreover, owner-managers are the one who runs the business within the limited availability of resources. Different sized organizations possess different characteristics and roles as per the typology. Moreover, social enterprises are responsible for the growth of the social economy. Research Project

LO2 Conduct and analyze research relevant for a business research project

Entrepreneurs incorporate innovative ideas in order to come up with entrepreneurial ideas that would help in earning profit for the organization. Organizations need to protect these creative ideas by complying with intellectual property rights. Moreover, small firms play an essential role by contributing to the economy at the national, regional as well as local levels by enhancing the employment opportunities for the young generation. There are certain international aspects that influence start-up businesses. Research Project Example

LO3 Communicate the outcomes of a research project to identified stakeholders

Different entrepreneurs possess a different set of thinking that basically depends on their background. In addition to this, the entrepreneurs possess certain typical skills that make them different from the managers of an organization. The entrepreneurial tendency depends on situational factors and entrepreneurial characteristics that include lifestyle, family upbringing, personal motivation and cultural differences. Research Project

LO4 Reflect on the application of research methodologies and concepts

There are several factors that influence the decision-making process for entrepreneurs regarding starting a new business. These factors include national culture, education, character traits and economic circumstances. Starting a new business could come up with several risks. Further, it is essential for an entrepreneur to acquire knowledge about the risks that they might face after the establishment of a new business. This would thereby help the entrepreneurs to plan for strategies in order to mitigate the probable risks. Research Project Example

Learning outcomes

PassMeritDistinction
LO1 Examine appropriate research methodologies and approaches as part of the research process.
P1 Produce a research proposal that clearly defines a research question or hypothesis supported by a literature review.
P2 Examine appropriate research methods and approaches to primary and secondary research.
M1 Evaluate different research approaches and methodology and make justifications for the choice of methods selected based on philosophical/theoretical frameworks.D1 Critically evaluate research methodologies and processes in the application to a business research project to justify chosen research methods and analysis.
LO2 Conduct and analyse research relevant to a business research project.
P3 Conduct primary and secondary research using appropriate methods for a business research project that consider costs, access and ethical issues.M2 Discuss merits, limitations and pitfalls of approaches to data collection and analysis.
P4 Apply appropriate analytical tools, analyse research findings and data.
LO3 Communicate the outcomes of a research project to identified stakeholders.
P5 Communicate research outcomes in an appropriate manner for the intended audience.M3 Coherently and logically communicate outcomes to the intended audience demonstrating how outcomes meet set research objectives.D2 Communicate critical analysis of the outcomes and make valid, justified recommendations.
LO4 Reflect on the application of research methodologies and concepts.
P6 Reflect on the effectiveness of research methods applied for meeting objectives of the business research project.
P7 Consider alternative research methodologies and lessons learnt in view of the outcomes.
M4 Provide critical reflection and insight that results in recommended actions for improvements and future research considerations.D3 Demonstrate reflection and engagement in the resource process leading to recommended actions for future improvement.

Links

This unit links to the following related units:

Unit 6: Managing a Successful Business Project

Unit 27 Contemporary Gastronomy
Unit 26 Planning and Managing Food Production and Beverage Service
Unit 25 Menu Planning and Product Development
Unit 24 Brewing Science
Unit 23 Law for Licensed Premises
Unit 22 Cellar and Bar Operations Management
Unit 21 Small Business Enterprise
Unit 20 Business Health Check
Unit 19 External Business Environment
Unit 18 Facilities Operations and Management
Unit 17 Quality Management in Business
Unit 16 Sales Development and Merchandising
Unit 15 On-Licensed Trade Management
Unit 14 Hospitality Contract and Event Management
Unit 13 Conference and Banqueting Management
Unit 12 Hospitality Operations Management
Unit 7 The Developing Manager
Unit 6 Rooms Division Operations Management
Unit 5 Food and Beverage Operations Management
Unit 4 Research Project Hospitality management
Unit 3 Customer Service
Unit 2 Finance in the Hospitality Industry
Unit 1 The Contemporary Hospitality Industry
Unit 11 Resource Management in Hospitality
Unit 10 Work-Based Experience
Unit 9 Human Resource Management for Service Industries
Unit 8 Marketing in Hospitality
Unit 24 Employability skills
Unit 23 Professional and Personal Development
Unit 22 Public Relations and Promotions in Travel and Tourism
Unit 21 Incoming and Domestic Tourism
Unit 20 Visitor Attraction Management
Unit 19 Heritage and Cultural Tourism Management
Unit 18 Human Resource Management for Service Industries
Unit 17 Work-based Experience
Unit 16 Passenger Transport Operations
Unit 15 Resort Management
Unit 14 Tour operations Management

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