Research Articles Base: Pie Charts Samples

Statistical analysis: Hotels

Statistical Analysis               This chapter presents the responses of the respondents based on the questionnaire distributed. There were two hotels from where the information were gathered, all of which contributed to the conclusion-formulation for this study; the hotels are Holiday Inn and Novotel, both found in. These are presented in graph forms and pie charts for better and quicker analysis of the data as based on the findings of the researchers and also based on the sentiments of the respondents. The readers should also note that the data are provided with both the hotels in mind for easier comparison of the data.             The characteristics of the respondents are as follows; this shows the various backgrounds that are believed to have also factored the choices that the respondents have had on the membership on the loyalty programmes of the hotels.   Characteristics of the Respondents It can be seen that the respondents are mostly male in both cases of the Holiday Inn and the Novotel, yet they are present in almost equal numbers in both respects (Figure 1). It was also shown that the respondents’ primary income are around 40,000 to 50,000 and thus shows that they are also able to afford the time to go through the hotel procedures (Figure 2) although many may have chosen not to do so (Figure 3). Figure 1 Figure 2   Figure 3             The following information, meanwhile, also shows the different loyalty club methods of the following hotels. In the Holiday Inn, the highest membership is at the Platinum while in Novotel there are various degrees including the Corporate Payment Card. It can be shown that there are more people in both accounts that they do not have their loyalty membership cards, yet there are several other options in which the people may get these loyalty memberships. It can be seen that the higher the loyalty memberships are, there are less people who are availing of them, showing that these are not the primary concern of the respondents (Figures 4 and 5). Figure 4 Figure 5   Responses             The respondents have allowed some analysis of their information and thus have allowed for the questionnaires to be answered. The findings have shown the comparison of both the Holiday Inn and the Novotel Hotel and how they have different ideas on the frequency and the loyalty of the people. It was shown in Figure 6 that the respondents are more prone to visit the Holiday Inn for the first time and also continue to visit it over the years (thus showing their loyalty) while in the Novotel, there are still some people who classify that they also sometimes visit the hotel, also indicating some loyalty although not as much. Figure 6             Meanwhile, Figure 7 also shows the primary reason for the visit, and it can be seen that the Holiday Inn also shows that there are more people visiting due to leisure and those who have business in the area; while for Novotel there are more people who visit the area due to a meeting and conference that is very likely being held in the same hotel. Figure 7             The following figures show the preferred methods of promotion that the people have, and it is surprising that while the PR marketing and TV advertising are both in almost equal terms, the benefits that they are receiving are one of the most marketing method, while the word of mouth method is also one of the most higher preferred. This also indicates that despite technological marketing method, the effective method of promoting is still with the consideration of the heard benefits that the people have had is through the perspectives and the opinions of others, thus also helping them with the decisions that they may make on where they will be able to receive comforts (Figure 8). However, it is also shown that there are more people who have no membership in the hotels, as is shown in Figure 9, showing that while promotions may be well and good, these do not necessarily mean that the respondents will immediately bite the programmes and that there are still other factors that need to be considered when these are being given to them. It is also shown that the membership in Novotel is higher, but may also be due to—as was seen in the previous graphs—due to the number of level methods in which the loyalty of their memberships can be given. The accessibility of the benefits are also contributive to the membership of the respondents to a particular programme; the access that they can get on the reservation within the hotels are part of the main reasons for the respondents’ possible reason for gaining a loyalty card and also in observing their benefits as can be shown in Figure 10. Figure 8 Figure 9 Figure 10             Figures 11 and 12 also echo the sentiments of Figure 10 with regards to the possible reasons for the respondents to avail of the membership loyalty programme in which they are able to gain the benefits and thus also double the services that they are entitled to in case they have to stay in the hotel once more.  The satisfaction that they may receive in tune with the loyalty-club membership are part of the higher reasons in which they may choose to be part of the programme and also avail of the benefits; the specific benefits of the satisfaction that they may receive and the speed in which they are able to avail of the benefits are indeed parts of the reasons that they may wish to avail of them.             Meanwhile, the next figures 13 also show that they are more likely to be part of the membership and the loyalty club can be due to the membership with the loyalty yet there may also be other factors. Figure 14 shows, however, that there is very little opinion concerning the availing of the membership and that the respondents may either take or turn away the membership, thus also showing the possible lack of commitments that the respondents may have with regards to the continuous use of their hotel and also to lessen their requirement on the particular hotel. This makes sense as there may be other areas where the particular hotels are not present and thus shows that there is still some caution regarding the availability of the hotels, and also the possible requirements that there may be the need for branches and other places that the hotel may have to build in. Figure 11 Figure 12 Figure 13 Figure 14   Interview Responses             With regards to the open-ended   questions where the respondents were asked of their loyalty ties to the hotel, many have responded that they have received their own memberships especially if they believe that they are to stay in the area. There were also several methods in which the respondents believe they will be able to gain more benefits with the frequent stay, which is to say the points that they receive and thus they are able to avail of several things as based on the hotel as well. At the same time, the branches of the hotels in other areas that the people are working, there is an advantage in having the same benefits with only some minor differences and having the traveler know the benefits that they may receive wherever. These are generally noticed to be applicable especially to the business people who are within the area mostly due to the conferences or due to business, which also shows that they are more likely to travel rather than stay in an area due to leisure, although that may also be a factor. Credit:ivythesis.typepad.com

Statistical analysis: Hotels

Statistical Analysis This chapter presents the responses of the respondents based on the questionnaire distributed. There ...

What the extent of loyalty programme can affect hotels’ performance in 3 stars- hotels

Statistical Analysis               This chapter presents the responses of the respondents based on the questionnaire distributed. There were two hotels from where the information were gathered, all of which contributed to the conclusion-formulation for this study; the hotels are Holiday Inn and Novotel, both found in Birmingham City. These are presented in graph forms and pie charts for better and quicker analysis of the data as based on the findings of the researchers and also based on the sentiments of the respondents. The readers should also note that the data are provided with both the hotels in mind for easier comparison of the data.             The characteristics of the respondents are as follows; this shows the various backgrounds that are believed to have also factored the choices that the respondents have had on the membership on the loyalty programmes of the hotels.   Characteristics of the Respondents It can be seen that the respondents are mostly male in both cases of the Holiday Inn and the Novotel, yet they are present in almost equal numbers in both respects (Figure 1). It was also shown that the respondents’ primary income are around 40,000 to 50,000 and thus shows that they are also able to afford the time to go through the hotel procedures (Figure 2) although many may have chosen not to do so (Figure 3). Figure 1 Figure 2   Figure 3             The following information, meanwhile, also shows the different loyalty club methods of the following hotels. In the Holiday Inn, the highest membership is at the Platinum while in Novotel there are various degrees including the Corporate Payment Card. It can be shown that there are more people in both accounts that they do not have their loyalty membership cards, yet there are several other options in which the people may get these loyalty memberships. It can be seen that the higher the loyalty memberships are, there are less people who are availing of them, showing that these are not the primary concern of the respondents (Figures 4 and 5). Figure 4 Figure 5   Responses             The respondents have allowed some analysis of their information and thus have allowed for the questionnaires to be answered. The findings have shown the comparison of both the Holiday Inn and the Novotel Hotel and how they have different ideas on the frequency and the loyalty of the people. It was shown in Figure 6 that the respondents are more prone to visit the Holiday Inn for the first time and also continue to visit it over the years (thus showing their loyalty) while in the Novotel, there are still some people who classify that they also sometimes visit the hotel, also indicating some loyalty although not as much. Figure 6             Meanwhile, Figure 7 also shows the primary reason for the visit, and it can be seen that the Holiday Inn also shows that there are more people visiting due to leisure and those who have business in the area; while for Novotel there are more people who visit the area due to a meeting and conference that is very likely being held in the same hotel. Figure 7             The following figures show the preferred methods of promotion that the people have, and it is surprising that while the PR marketing and TV advertising are both in almost equal terms, the benefits that they are receiving are one of the most marketing method, while the word of mouth method is also one of the most higher preferred. This also indicates that despite technological marketing method, the effective method of promoting is still with the consideration of the heard benefits that the people have had is through the perspectives and the opinions of others, thus also helping them with the decisions that they may make on where they will be able to receive comforts (Figure 8). However, it is also shown that there are more people who have no membership in the hotels, as is shown in Figure 9, showing that while promotions may be well and good, these do not necessarily mean that the respondents will immediately bite the programmes and that there are still other factors that need to be considered when these are being given to them. It is also shown that the membership in Novotel is higher, but may also be due to—as was seen in the previous graphs—due to the number of level methods in which the loyalty of their memberships can be given. The accessibility of the benefits are also contributive to the membership of the respondents to a particular programme; the access that they can get on the reservation within the hotels are part of the main reasons for the respondents’ possible reason for gaining a loyalty card and also in observing their benefits as can be shown in Figure 10. Figure 8 Figure 9 Figure 10             Figures 11 and 12 also echo the sentiments of Figure 10 with regards to the possible reasons for the respondents to avail of the membership loyalty programme in which they are able to gain the benefits and thus also double the services that they are entitled to in case they have to stay in the hotel once more.  The satisfaction that they may receive in tune with the loyalty-club membership are part of the higher reasons in which they may choose to be part of the programme and also avail of the benefits; the specific benefits of the satisfaction that they may receive and the speed in which they are able to avail of the benefits are indeed parts of the reasons that they may wish to avail of them.             Meanwhile, the next figures 13 also show that they are more likely to be part of the membership and the loyalty club can be due to the membership with the loyalty yet there may also be other factors. Figure 14 shows, however, that there is very little opinion concerning the availing of the membership and that the respondents may either take or turn away the membership, thus also showing the possible lack of commitments that the respondents may have with regards to the continuous use of their hotel and also to lessen their requirement on the particular hotel. This makes sense as there may be other areas where the particular hotels are not present and thus shows that there is still some caution regarding the availability of the hotels, and also the possible requirements that there may be the need for branches and other places that the hotel may have to build in. Figure 11 Figure 12 Figure 13 Figure 14   Interview Responses             With regards to the open-ended     questions where the respondents were asked of their loyalty ties to the hotel, many have responded that they have received their own memberships especially if they believe that they are to stay in the area. There were also several methods in which the respondents believe they will be able to gain more benefits with the frequent stay, which is to say the points that they receive and thus they are able to avail of several things as based on the hotel as well. At the same time, the branches of the hotels in other areas that the people are working, there is an advantage in having the same benefits with only some minor differences and having the traveler know the benefits that they may receive wherever. These are generally noticed to be applicable especially to the business people who are within the area mostly due to the conferences or due to business, which also shows that they are more likely to travel rather than stay in an area due to leisure, although that may also be a factor.   Credit:ivythesis.typepad.com

What the extent of loyalty programme can affect hotels’ performance in 3 stars- hotels

Statistical Analysis This chapter presents the responses of the respondents based on the questionnaire distributed. There ...

What the extent of loyalty programme can affect hotels’ performance in 3-star hotels?

Statistical Analysis               This chapter presents the responses of the respondents based on the questionnaire distributed. There were two hotels from where the information were gathered, all of which contributed to the conclusion-formulation for this study; the hotels are Holiday Inn and Novotel, both found in Birmingham City. These are presented in graph forms and pie charts for better and quicker analysis of the data as based on the findings of the researchers and also based on the sentiments of the respondents. The readers should also note that the data are provided with both the hotels in mind for easier comparison of the data.             The characteristics of the respondents are as follows; this shows the various backgrounds that are believed to have also factored the choices that the respondents have had on the membership on the loyalty programmes of the hotels.   Characteristics of the Respondents It can be seen that the respondents are mostly male in both cases of the Holiday Inn and the Novotel, yet they are present in almost equal numbers in both respects (Figure 1). It was also shown that the respondents’ primary income are around 40,000 to 50,000 and thus shows that they are also able to afford the time to go through the hotel procedures (Figure 2) although many may have chosen not to do so (Figure 3). Figure 1 Figure 2   Figure 3             The following information, meanwhile, also shows the different loyalty club methods of the following hotels. In the Holiday Inn, the highest membership is at the Platinum while in Novotel there are various degrees including the Corporate Payment Card. It can be shown that there are more people in both accounts that they do not have their loyalty membership cards, yet there are several other options in which the people may get these loyalty memberships. It can be seen that the higher the loyalty memberships are, there are less people who are availing of them, showing that these are not the primary concern of the respondents (Figures 4 and 5). Figure 4 Figure 5   Responses             The respondents have allowed some analysis of their information and thus have allowed for the questionnaires to be answered. The findings have shown the comparison of both the Holiday Inn and the Novotel Hotel and how they have different ideas on the frequency and the loyalty of the people. It was shown in Figure 6 that the respondents are more prone to visit the Holiday Inn for the first time and also continue to visit it over the years (thus showing their loyalty) while in the Novotel, there are still some people who classify that they also sometimes visit the hotel, also indicating some loyalty although not as much. Figure 6             Meanwhile, Figure 7 also shows the primary reason for the visit, and it can be seen that the Holiday Inn also shows that there are more people visiting due to leisure and those who have business in the area; while for Novotel there are more people who visit the area due to a meeting and conference that is very likely being held in the same hotel. Figure 7             The following figures show the preferred methods of promotion that the people have, and it is surprising that while the PR marketing and TV advertising are both in almost equal terms, the benefits that they are receiving are one of the most marketing method, while the word of mouth method is also one of the most higher preferred. This also indicates that despite technological marketing method, the effective method of promoting is still with the consideration of the heard benefits that the people have had is through the perspectives and the opinions of others, thus also helping them with the decisions that they may make on where they will be able to receive comforts (Figure 8). However, it is also shown that there are more people who have no membership in the hotels, as is shown in Figure 9, showing that while promotions may be well and good, these do not necessarily mean that the respondents will immediately bite the programmes and that there are still other factors that need to be considered when these are being given to them. It is also shown that the membership in Novotel is higher, but may also be due to—as was seen in the previous graphs—due to the number of level methods in which the loyalty of their memberships can be given. The accessibility of the benefits are also contributive to the membership of the respondents to a particular programme; the access that they can get on the reservation within the hotels are part of the main reasons for the respondents’ possible reason for gaining a loyalty card and also in observing their benefits as can be shown in Figure 10. Figure 8 Figure 9 Figure 10             Figures 11 and 12 also echo the sentiments of Figure 10 with regards to the possible reasons for the respondents to avail of the membership loyalty programme in which they are able to gain the benefits and thus also double the services that they are entitled to in case they have to stay in the hotel once more.  The satisfaction that they may receive in tune with the loyalty-club membership are part of the higher reasons in which they may choose to be part of the programme and also avail of the benefits; the specific benefits of the satisfaction that they may receive and the speed in which they are able to avail of the benefits are indeed parts of the reasons that they may wish to avail of them.             Meanwhile, the next figures 13 also show that they are more likely to be part of the membership and the loyalty club can be due to the membership with the loyalty yet there may also be other factors. Figure 14 shows, however, that there is very little opinion concerning the availing of the membership and that the respondents may either take or turn away the membership, thus also showing the possible lack of commitments that the respondents may have with regards to the continuous use of their hotel and also to lessen their requirement on the particular hotel. This makes sense as there may be other areas where the particular hotels are not present and thus shows that there is still some caution regarding the availability of the hotels, and also the possible requirements that there may be the need for branches and other places that the hotel may have to build in. Figure 11 Figure 12 Figure 13 Figure 14   Interview Responses             With regards to the open-ended     questions where the respondents were asked of their loyalty ties to the hotel, many have responded that they have received their own memberships especially if they believe that they are to stay in the area. There were also several methods in which the respondents believe they will be able to gain more benefits with the frequent stay, which is to say the points that they receive and thus they are able to avail of several things as based on the hotel as well. At the same time, the branches of the hotels in other areas that the people are working, there is an advantage in having the same benefits with only some minor differences and having the traveler know the benefits that they may receive wherever. These are generally noticed to be applicable especially to the business people who are within the area mostly due to the conferences or due to business, which also shows that they are more likely to travel rather than stay in an area due to leisure, although that may also be a factor. Credit:ivythesis.typepad.com

What the extent of loyalty programme can affect hotels’ performance in 3-star hotels?

Statistical Analysis This chapter presents the responses of the respondents based on the questionnaire distributed. There ...

The Statistical Analysis

This chapter presents the responses of the respondents based on the questionnaire distributed. There were two hotels from where the information were gathered, all of which contributed to the conclusion-formulation for this study; the hotels are Holiday Inn and Novotel, both found in Birmingham City. These are presented in graph forms and pie charts for better and quicker analysis of the data as based on the findings of the researchers and also based on the sentiments of the respondents. The readers should also note that the data are provided with both the hotels in mind for easier comparison of the data.             The characteristics of the respondents are as follows; this shows the various backgrounds that are believed to have also factored the choices that the respondents have had on the membership on the loyalty programmes of the hotels.   Characteristics of the Respondents It can be seen that the respondents are mostly male in both cases of the Holiday Inn and the Novotel, yet they are present in almost equal numbers in both respects (Figure 1). It was also shown that the respondents’ primary income are around 40,000 to 50,000 and thus shows that they are also able to afford the time to go through the hotel procedures (Figure 2) although many may have chosen not to do so (Figure 3).               The following information, meanwhile, also shows the different loyalty club methods of the following hotels. In the Holiday Inn, the highest membership is at the Platinum while in Novotel there are various degrees including the Corporate Payment Card. It can be shown that there are more people in both accounts that they do not have their loyalty membership cards, yet there are several other options in which the people may get these loyalty memberships. It can be seen that the higher the loyalty memberships are, there are less people who are availing of them, showing that these are not the primary concern of the respondents (Figures 4 and 5). Responses             The respondents have allowed some analysis of their information and thus have allowed for the questionnaires to be answered. The findings have shown the comparison of both the Holiday Inn and the Novotel Hotel and how they have different ideas on the frequency and the loyalty of the people. It was shown in Figure 6 that the respondents are more prone to visit the Holiday Inn for the first time and also continue to visit it over the years (thus showing their loyalty) while in the Novotel, there are still some people who classify that they also sometimes visit the hotel, also indicating some loyalty although not as much.             Meanwhile, Figure 7 also shows the primary reason for the visit, and it can be seen that the Holiday Inn also shows that there are more people visiting due to leisure and those who have business in the area; while for Novotel there are more people who visit the area due to a meeting and conference that is very likely being held in the same hotel.               The following figures show the preferred methods of promotion that the people have, and it is surprising that while the PR marketing and TV advertising are both in almost equal terms, the benefits that they are receiving are one of the most marketing method, while the word of mouth method is also one of the most higher preferred. This also indicates that despite technological marketing method, the effective method of promoting is still with the consideration of the heard benefits that the people have had is through the perspectives and the opinions of others, thus also helping them with the decisions that they may make on where they will be able to receive comforts (Figure 8). However, it is also shown that there are more people who have no membership in the hotels, as is shown in Figure 9, showing that while promotions may be well and good, these do not necessarily mean that the respondents will immediately bite the programmes and that there are still other factors that need to be considered when these are being given to them. It is also shown that the membership in Novotel is higher, but may also be due to—as was seen in the previous graphs—due to the number of level methods in which the loyalty of their memberships can be given. The accessibility of the benefits are also contributive to the membership of the respondents to a particular programme; the access that they can get on the reservation within the hotels are part of the main reasons for the respondents’ possible reason for gaining a loyalty card and also in observing their benefits as can be shown in Figure 10.                 Figures 11 and 12 also echo the sentiments of Figure 10 with regards to the possible reasons for the respondents to avail of the membership loyalty programme in which they are able to gain the benefits and thus also double the services that they are entitled to in case they have to stay in the hotel once more.  The satisfaction that they may receive in tune with the loyalty-club membership are part of the higher reasons in which they may choose to be part of the programme and also avail of the benefits; the specific benefits of the satisfaction that they may receive and the speed in which they are able to avail of the benefits are indeed parts of the reasons that they may wish to avail of them.             Meanwhile, the next figures 13 also show that they are more likely to be part of the membership and the loyalty club can be due to the membership with the loyalty yet there may also be other factors. Figure 14 shows, however, that there is very little opinion concerning the availing of the membership and that the respondents may either take or turn away the membership, thus also showing the possible lack of commitments that the respondents may have with regards to the continuous use of their hotel and also to lessen their requirement on the particular hotel. This makes sense as there may be other areas where the particular hotels are not present and thus shows that there is still some caution regarding the availability of the hotels, and also the possible requirements that there may be the need for branches and other places that the hotel may have to build in.   Interview Responses             With regards to the open-ended     questions where the respondents were asked of their loyalty ties to the hotel, many have responded that they have received their own memberships especially if they believe that they are to stay in the area. There were also several methods in which the respondents believe they will be able to gain more benefits with the frequent stay, which is to say the points that they receive and thus they are able to avail of several things as based on the hotel as well. At the same time, the branches of the hotels in other areas that the people are working, there is an advantage in having the same benefits with only some minor differences and having the traveler know the benefits that they may receive wherever. These are generally noticed to be applicable especially to the business people who are within the area mostly due to the conferences or due to business, which also shows that they are more likely to travel rather than stay in an area due to leisure, although that may also be a factor. Credit:ivythesis.typepad.com

The Statistical Analysis

This chapter presents the responses of the respondents based on the questionnaire distributed. There were two hotels from ...

factors that attract more investors to develope Bahrain’s economics

1.0  Background of the Study   Oil dominates Bahrain’s economy and, together with gas and petrochemicals, accounts for the bulk of exports and government revenue. That proportion is falling, however, as Bahrain seeks to diversify its economy and the reserves dwindle ( 1984). In the service sector, the financial services industry has expanded dramatically in recent years, as companies trading in the region have set up their regional centers in Bahrain, where the relatively relaxed environment is an important factor in a region where rigorous social mores are often the norm. Mainly because of its small population and small size, Bahrain has only a minor importance in international economy. The economy is heavily dependent on oil, but the government is looking for new sources of income. Bahrain was the first Arab Gulf state to discover oil, with the first oil well commencing production in 1932. As such, Bahrain’s development began much earlier than the other Arab Gulf states, giving Bahrain the advantage of being the most socially advanced and developed of the Arab Gulf countries. But in comparison to the richer petroleum-exporting states of Saudi Arabia, Kuwait, and the United Arab Emirates, the Bahraini oil reserves are insignificant, currently meeting little more than domestic consumption requirement (1984). The early realization of the relatively insignificant Bahrain oil reserves drove Bahrainis to embrace the diversification of their economy and to prepare for the time of oil-reserve depletion. As a result, the country has made a great investment in human resources development, including the development of educational and training programs. 2.0  Statement of the Problem The achievement of the subsistence of Bahrain’s economy is the main issue here. What the local government of Bahrain as well as the local people of is doing in protecting and sustaining their considerable number of market seeking neither foreign investment, nor the resources rich enough to attract resource seeking foreign investment is critical. Sustainable economic management and competitiveness would be the key in attaining a high level of competitiveness in the global economy because increased productivity comes about more naturally in a competitive environment. The country’s future economic success highly depends on the participation of each and every citizen of Bahrain. The economic disturbances in Bahrain that contribute in interrupted productivity and the contributing factors that lead to the downfall of the country’s economy would be another issue to deal with. Higher productivity requires people with the right skills and the education system in giving the utmost quality of education would lead to qualified staffs attracting foreign investors. The role of the government is fundamental in providing the legal and regulatory structure that guarantee protection of the foreign financiers in their investing in Bahrain. 3.0 Objectives of the Study The main purpose of this study is to analyze the several activities or events that jeopardizes effective economic progress of Bahrain. This research, specifically, purports to determine how these activities affect their economy and to distinguish the role of the people and the authority having jurisdiction in implementing sustainable economic management. Analyzing foreign investment in Bahrain will also explored.  This research takes into account the practices that affect the foreign investor’s judgment in investing in the country, recognizing the economic and social obligation of the citizens. In light of this focus, the paper will thus consider factors such as governance, legal environment, and economic freedom and examine their impact on foreign investment in Bahrain. 4.0 Research Methodology This study will use the descriptive type of research. A descriptive research intends to present facts concerning the nature and status of a situation, as it exists at the time of the study and to describe present conditions, events or systems based on the impressions or reactions of the respondents of the research ( 1994). It is also concerned with relationships and practices that exist, beliefs and processes that are ongoing, effects that are being felt, or trends that are developing (1970). In this study, primary and secondary research will be both incorporated. The reason for this is to be able to provide adequate discussion for the readers that will help them understand more about the issue and the different variables that involve with it. The primary data for the study will be represented by the survey results that will be acquired from the respondents. On the other hand, the literature reviews to be presented in the second chapter of the study will represent the secondary data of the study. The research will be presented in written form with the addition of data charts, which will present the project’s results. Pie charts and network charts will be needed to illustrate some of the analyzed data. This cannot be confirmed, however, until the research data have been analyzed.   5.0 References   Credit:ivythesis.typepad.com

factors that attract more investors to develope Bahrain’s economics

1.0 Background of the Study Oil dominates Bahrain’s economy and, together with gas and petrochemicals, accounts for the bulk of exp...

Market Research for Family Bank Limited

1.0 Background of the Study Family Bank (formerly Family Finance Building Society) was registered as a Building Society in October 1984 in Kenya, under the Building Societies Act and commenced operations in the early 1985. Family Bank converted into a fully-fledged bank in May 2007 and the main driver for our conversion was the need to offer a wider range of products and services to our customers. In addition, many cashiers in the banking industry have experienced a 50% drop in their workload in the last five years with the setting up of ATMs and other sophisticated banking technology facilities in urban, semi-urban, and rural bank branches (2009).  This has also halved bank pressure and workload, minimizing role of cashiers and other support staff. Moreover, with increase in number of ATMs, clients prefer the no-fuss cash withdrawals ATMs provide and know their latest banking transaction statements hassle-free. As a result, the cashier community in the banking industry is feeling threatened because of the machines are taking over their work. There are no hard international or government-compiled numbers totaling the complete number of ATMs in use worldwide. Estimations that were developed by several researches place the number of ATMs in use worldwide at over 1.5 million as of August 2006 (2008) Typically, an ATM placed in a public place has undergone extensive testing with both test money and computer systems that allow it to perform smooth transactions. ATM installations’ another advantage is that they create ample employment engagements for thousands of people aside from the handiness and reliability it provides to customers. 2.0 Statement of the Problem A consumer headed to an ATM machine undeniably has only one thing in mind: to get cash. If an ATM machine is not working on that particular day (or worse, malfunctions in mid-transaction), that person will most likely go to another ATM machine to get the cash they need. Factors that make ATMs malfunction and what the merchant must do about it is imperative because aside from the bank losing the profit from that particular transaction, worse is the future lost transactions. The person is going to remember that particular ATM as the one that did not work, and will not even bother to make a transaction there next time. The appropriate locations in setting up an ATM machine are beyond crucial. Convenience and reliability are the two words that must be incorporated in the minds of consumers when going to an ATM machine. ATMs must not only be placed near or inside the premises of banks, but also in locations such as grocery stores, gas stations, restaurants, shopping centers, airports, or any place large numbers of people may gather. Also, knowing the parameters to consider when locating an ATM will make the consumer even happier with the service rendered. 3.0 Objectives of the Study The main purpose of this study is to analyze the several activities or events that jeopardizes effective transactions done through the ATM. This research, specifically, purports to determine how these activities affect people in coming back for service they want to have in the first place. Looking at the major manufacturers of ATM machines would help Family Bank in making the customers feel pampered and convenient in making transactions through their ATM. The Family Bank should expect from these ATM companies the exact same service someone would expect from anyone offering a product—competitive prices, service after the sale, technical assistance, and the ability to upgrade ( 2004).  This research takes into account the practices that affect the monitoring of parameters when locating an ATM, recognizing the economic, social, and environmental obligation of the people. 4.0 Research Methodology This study will use the descriptive type of research. A descriptive research intends to present facts concerning the nature and status of a situation, as it exists at the time of the study and to describe present conditions, events or systems based on the impressions or reactions of the respondents of the research (1994). It is also concerned with relationships and practices that exist, beliefs and processes that are ongoing, effects that are being felt, or trends that are developing (1970). In this study, primary and secondary research will be both incorporated. The reason for this is to be able to provide adequate discussion for the readers that will help them understand more about the issue and the different variables that involve with it. The primary data for the study will be represented by the survey results that will be acquired from the respondents. On the other hand, the literature reviews to be presented in the second chapter of the study will represent the secondary data of the study. The research will be presented in written form with the addition of data charts which will present the project’s results. Pie charts and network charts will be needed to illustrate some of the analyzed data. This cannot be confirmed, however, until the research data have been analyzed. Credit:ivythesis.typepad.com

Market Research for Family Bank Limited

1.0 Background of the Study Family Bank (formerly Family Finance Building Society) was registered as a Building Society in October 1984 i...

STRATEGIC MANAGEMENT

STRATEGIC MANAGEMENT   1.0 Background of the Study Strategic management is the process of developing and executing a series of competitive moves to enhance the success of an organization both in the present and in the future. These competitive moves are derived from the demands of the external environment in which the firm operates as well as the internal capabilities, which it has developed or can reasonably hope to build or acquire. While managers may follow somewhat different strategic management routines, a sound process should include an analysis of the current business situation, the formulation of objectives and strategies based on that analysis, and an implementation and evaluation procedure that ensures progress toward each strategy and objective (1996). It can also refer to the art of planning a business at the highest possible level. Strategic management focuses on building a solid underlying structure to a business that will subsequently be fleshed out through the combined efforts of every individual employed. Simply put, strategic planning determines where an organization is going over the next year or more, how it is going to get there and how it will know if it got there or not. The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service, or program.             In addition, the scheduling of strategic planning process depends on the nature and needs of the organization and its immediate external environment. Strategy formation and implementation is an on-going, never-ending, integrated process requiring continuous reassessment and reformation (1995). Strategic management is dynamic–it is partially planned and partially unplanned. Strategy is planned and emergent, dynamic, and interactive. 2.0 Statement of the Problem The achievement of having a fluid strategic management is the main issue here. What are the factors that contribute to the interrupted execution of efficient strategic planning? What does the business managers as well as the employees is doing in playing a part in the success of a business is critical. How effective are leadership and strategic management? Sustainable employee management and strategic management would be a key in combating the threats of most competitors and if intelligently executed, can place them at the top of the game. How are strategies developed? What is the importance of information technology in strategic planning? Leading change and implementing technology often go hand in hand. The key to success in both is a thorough, inclusive planning process. The processes described and tools provided in an organization will assist the people involved in leading change and planning for a strategy that is connected with technology. 3.0 Objectives of the Study The main purpose of this study is to analyze the several activities or events that jeopardize effective execution strategic management. This research, specifically, purports to determine how these activities affect a business enterprise and to distinguish the role of the people within the business and the leaders in managing and devising strategies that would lead to the make or break of a business. This research takes into account the practices that hinder efficient strategic management, recognizing the economic and social obligation of the people involved. The study also intends to evaluate the importance of strategic analysis and the different methods businesses engage to in having competitive advantage. This research will delve also into the strategic hierarchy of management and seek to explore the psychology of strategic management.   4.0 Research Methodology This study will use the descriptive type of research. A descriptive research intends to present facts concerning the nature and status of a situation, as it exists at the time of the study and to describe present conditions, events or systems based on the impressions or reactions of the respondents of the research (1994). It is also concerned with relationships and practices that exist, beliefs and processes that are ongoing, effects that are being felt, or trends that are developing (1970). In this study, primary and secondary research will be both incorporated. The reason for this is to be able to provide adequate discussion for the readers that will help them understand more about the issue and the different variables that involve with it. The primary data for the study will be represented by the survey results that will be acquired from the respondents. On the other hand, the literature reviews to be presented in the second chapter of the study will represent the secondary data of the study. The research will be presented in written form with the addition of data charts, which will present the project’s results. Pie charts and network charts will be needed to illustrate some of the analyzed data. This cannot be confirmed, however, until the research data have been analyzed. 5.0 References                                                             Credit:ivythesis.typepad.com

STRATEGIC MANAGEMENT

STRATEGIC MANAGEMENT 1.0 Background of the Study Strategic management is the process of developing and executing a series of competit...

MEDIA AS AN AVENUE OF TERRORISM

MEDIA’S INFLUENCE ON TERRORISM   1.0 Background of the Study   Terrorists, governments, and the audience see the function, roles and responsibilities of the media reportage when covering terrorist events from differing and often competing perspectives. Such perspectives drive behavior of terrorists during incidents–often resulting in both tactical and strategic gains to the terrorist operation and the overall terrorist cause. The challenge for both the governmental and press communities is to understand the dynamics of terrorist enterprise and to develop policy options designed to serve the interests of government, the media, and the society (2005). Media coverage is heightening citizens’ awareness of the terrorism problem, exposing the people to possible danger, but without a direct, imminent threat, and these reports are causing people to significantly panic which changes their daily lives. The media mostly are attracted by extreme terrorist acts not only because it is their duty to report on any major event but also because of the dramatic and spectacular aspect of terrorism that fascinates the general public. People are reluctant in knowing the terrible news but are at the same time enthralled by it. Today’s terrorists exploit this and act in a way which will attract maximum attention around the world. Today’s terrorists have picked up this dynamic and take action not only to make their victims suffer but also to create utmost attention around the world. Terrorists have become “media competent” by knowing and applying the principles of attracting media attention in most of their activities. The media, the terrorists, government and the people all play a crucial role in the war against terrorism. 2.0 Statement of the Problem The achievement of being aware about the what the media’s influence on the war against terrorism is main issue here The media face a complicated task to strike the right balance between their duty to inform the public and the danger of becoming tools in the hands of terrorists. They maneuver between obstacles to access information imposed and their own understanding of the thin line between the public’s right to know and an efficient fight against terrorism. What the local government as well as what the local people of a nation is doing in protecting and sustaining it’s people from the ill effects of sensationalized reporting is critical. Sustainable management by the government and the media would be the key in combating the physical and emotional threats to the common people when they are exposed by these man made disasters. 3.0 Objectives of the Study The main purpose of this study is to analyze the several activities or events that jeopardizes effective covering and quality reportage by the media. This research, specifically, purports to determine how these activities affect the common people and to distinguish the role of the people within the vicinity and the authority having jurisdiction in providing the common good for all. This research takes into account the practices that affect on covering an event accurately, recognizing the economic, social and environmental obligation of the people. The study also seeks to evaluate how media coverage can empower the audience to get involved in a national debate and individually alleviate the situation. This research also intends to explore the basic procedures and channels of gathering information made by the media. 4.0 Research Methodology This study will use the descriptive type of research. A descriptive research intends to present facts concerning the nature and status of a situation, as it exists at the time of the study and to describe present conditions, events or systems based on the impressions or reactions of the respondents of the research (1994). It is also concerned with relationships and practices that exist, beliefs and processes that are ongoing, effects that are being felt, or trends that are developing (1970). In this study, primary and secondary research will be both incorporated. The reason for this is to be able to provide adequate discussion for the readers that will help them understand more about the issue and the different variables that involve with it. The primary data for the study will be represented by the survey results that will be acquired from the respondents. On the other hand, the literature reviews to be presented in the second chapter of the study will represent the secondary data of the study. The research will be presented in written form with the addition of data charts which will present the project’s results. Pie charts and network charts will be needed to illustrate some of the analyzed data. This cannot be confirmed, however, until the research data have been analyzed.   5.0 Reference                                                                                       Credit:ivythesis.typepad.com

MEDIA AS AN AVENUE OF TERRORISM

MEDIA’S INFLUENCE ON TERRORISM 1.0 Background of the Study Terrorists, governments, and the audience see the function, roles and re...

THE EFFECT OF THE CREDIT CRUNCH ON DEVELOPING COUNTRIES

Credit Crunch 1. O Background of the Study The worldwide problem on the issue of credit crunch seems to be debilitating for some: several countries are struggling to cope with economic slowdown and avoid recession, while others are virtually unscathed. Forecasts of growth in developing countries have been downgraded significantly. Credit crunches are usually considered an extension of recessions. It means it is nearly impossible for companies to borrow because lenders are scared of bankruptcies or defaults, which results in higher rates. The consequence is a prolonged recession (or slower recovery), which occurs because of the shrinking credit supply. Under the credit, crunch lenders stop lending and start hoarding cash because they are afraid of rising bankruptcies and mortgage defaults. It leads them to charge higher interest rates or reject all but the safest loans (2008). For an economy that has been fueled by easy access to borrowed money, tighten credit means trouble for companies that need loans to pursue their business plans and for consumers who want to buy big-ticket items. In addition, the crisis began with the bursting of the United States housing bubble and high default rates on “sub prime” and adjustable rate mortgages (ARM), beginning in approximately 2005–2006. Government policies and competitive pressures for several years prior to the crisis encouraged higher risk lending practices which lead to the global financial crisis that was stretched across the world, a crisis which started in developed countries and is now been spread to the across the developing world ( 2007). According to the World Bank, the global credit crunch unleashed is combining with runaway food and fuel prices to put the squeeze on developing countries. 2.0 Statement of the Problem The achievement of subsistence despite of the universal problem of the credit crunch is the main issue here. What are the effects of this global phenomenon on developing countries? How deep and for how long will these difficulties stretch, which countries will be affected more than others, and what are the channels through which this might be solved? What will this mean for long-term efforts to promote growth and poverty reduction in developing countries? Mechanisms to limit the damage of the financial crisis to low income countries including financial sector support must be implemented by the government. What the local government as well as the investors is doing in protecting and sustaining the demands of the consumers when it comes to getting finance is critical. Evidence suggests that developing countries will feel the tightening of credit as well as the real economy effects on exports, remittances and commodity prices more than emerging market economies and so they must be on track to adopt government regulations and they should be empowered enough to realize they may have different standards. 3.0 Objectives of the Study The main purpose of this study is to analyze the several activities or events that jeopardize effective resolution to the credit crunch phenomenon. This research, specifically, purports to determine how these activities affect the consumers and discuss the events surrounding the 2007-08 credit crunches. The credit crunch itself occurred when house prices fell and sub prime mortgage defaults increased. These events caused investors to reappraise the risks of high-yielding securities, bank failures, and sharp increases in the spreads on funds in bank markets. This research seeks to evaluate the actions of the authorities that provided liquidity to the markets and failing banks and indicates areas where improvements could be made. Similarly, it will examine the regulation and supervision during this time and argues the need for changes to avoid future crises. 4.0 Research Methodology This study will use the descriptive type of research. A descriptive research intends to present facts concerning the nature and status of a situation, as it exists at the time of the study and to describe present conditions, events or systems based on the impressions or reactions of the respondents of the research (1994). It is also concerned with relationships and practices that exist, beliefs and processes that are ongoing, effects that are being felt, or trends that are developing (1970). In this study, primary and secondary research will be both incorporated. The reason for this is to be able to provide adequate discussion for the readers that will help them understand more about the issue and the different variables that involve with it. The primary data for the study will be represented by the survey results that will be acquired from the respondents. On the other hand, the literature reviews to be presented in the second chapter of the study will represent the secondary data of the study. The research will be presented in written form with the addition of data charts, which will present the project’s results. Pie charts and network charts will be needed to illustrate some of the analyzed data. This cannot be confirmed, however, until the research data have been analyzed. 5.0 References         Credit:ivythesis.typepad.com

THE EFFECT OF THE CREDIT CRUNCH ON DEVELOPING COUNTRIES

Credit Crunch 1. O Background of the Study The worldwide problem on the issue of credit crunch seems to be debilitating for some: severa...

Okun’s law, unemployment measurement problem and an application of Harris-Todaro Hypothesis

OKUN’S LAW 1.0  Background of the Study A one percentage point fall in the rate of unemployment (relative to the natural rate) is associated with a two-and-a half- percent rise in production relative to its potential. This relationship is called “Okun’s Law,” after . Okun’s law says that if you keep track of one, you are keeping track of the other. Deviations from Okun’s Law are rare: output is never more than two percent away from the value that Okun’s law would predict, and is usually less than one percent away. The connection between unemployment and GDP growth is often formally summarized by the statistical relationship of Okun’s law. As developed by the late economist in 1962, the “law” related decreases in the unemployment rate to increases in output growth. Over time, the exact quantitative form of this relationship has changed somewhat (1999). However, the negative correlation between changes in the unemployment rate and changes in GDP growth is viewed as one of the most consistent relationships in macroeconomics. The widely accepted connection of Okun’s law to inflation can be better understood by noting that Okun more precisely considered the unemployment/output relationship as relating percentage deviations of output from its potential level to deviations of the unemployment rate from its “natural” level (1993). That is, unemployment above the inflation-threshold unemployment rate reduces GDP below potential output, and for every 1% excess of the natural unemployment rate, a 2% to 3% reduction in GDP is predicted. The difference between actual and potential GDP is called the GDP gap. It may be expressed as a percentage or an absolute amount. 2.0 Statement of the Problem The achievement of incorporating the Harris-Todaro hypothesis in Okun’s law to solve the problem of measurement of unemployment is the main issue here. How does the macro econometric modeling techniques of VAR based on time series data modeling affect the analysis of unemployment? Is the application of Harris-Todaro hypothesis in Okun’s Law effective in achieving the equilibrium of unemployment? The Harris-Todaro hypothesis replaces the equality of wages by the equality of ‘expected’ wages as the basic equilibrium condition in a segmented but homogeneous labor market, and in so doing, it generates an equilibrium level of urban unemployment when a mechanism for the determination of urban wages is specified. What are the factors that affect the further increase in the rate of unemployment in accordance to the Okun’s law? Okun’s law can be stated as saying that for every one percentage point by which the actual unemployment rate exceeds the so-called “natural” rate of unemployment, real gross domestic product is reduced by 2% to 3%. 3.0 Objectives of the Study The main purpose of this study is to analyze the how Okun’s law can be used to its full potential to solve the problems of unemployment. The understanding of the economic situation of a region, as also the design and instrumentation of efficient public policies, depend in great measure from the availability of the pertinent information to the economic aspects that are sought to be embraced. This research, specifically, purports to determine how the application Harris-Todaro hypothesis in combination with Okun’s law affects the inflation or deflation of an economy. This research takes into account the practices that the functional relationship is identified between the GDP and unemployment, considering characteristics pertaining to the economy. The study also seeks to evaluate how the usage of the New-Keynesian school of macroeconomics provides microeconomic foundations in solving unemployment measurement.   4.0 Research Methodology A descriptive research intends to present facts concerning the nature and status of a situation, as it exists at the time of the study and to describe present conditions, events or systems based on the impressions or reactions of the respondents of the research (1994). It is also concerned with relationships and practices that exist, beliefs and processes that are ongoing, effects that are being felt, or trends that are developing (1970).  In this study, primary and secondary research will be both incorporated. The reason for this is to be able to provide adequate discussion for the readers that will help them understand more about the issue and the different variables that involve with it. The primary data for the study will be represented by the survey results that will be acquired from the respondents. On the other hand, the literature reviews to be presented in the second chapter of the study will represent the secondary data of the study. The research will be presented in written form with the addition of data charts, which will present the project’s results. Pie charts and network charts will be needed to illustrate some of the analyzed data. This cannot be confirmed, however, until the research data have been analyzed. 4.0 Reference Credit:ivythesis.typepad.com

Okun’s law, unemployment measurement problem and an application of Harris-Todaro Hypothesis

OKUN’S LAW 1.0 Background of the Study A one percentage point fall in the rate of unemployment (relative to the natural rate) is associ...