Research Methodology for Fair trade products as a means of increasing Essay

Research Methodology for Fair trade products as a means of increasing consumer confidence in the Contract Catering sector - Essay Example A research design may be either qualitative or quantitative. The methodology is an explanatory of the procedure connect in the field of the consumer behaviour with respect to fair trade products in the contract catering sector of the hospitality industry. This methodology is the way to analytically solve the troubles that are in involved in the research. The methodology is evaluated by the analyst and the outsiders are not involved in the assortment of the methodology. For the outstanding research the methodology should be systematic, logical, empirical and replicable. The role of fair trade products in securing customer confidence in the contract catering sector is very high. Quantitative and qualitative methods were adopted in conducting the research process. The contextual background was identified and the priority areas were discussed. Research was conducted in schools, universities and offices to understand the customer’s confidence in the use of fair trade products. â€Å"The consumers are critics are proposing several schemes which, includes "fair trade" coffee, using of fresh quality standards in restricting imports.† (Kelly 2010). The research methods included both quantitative and qualitative methods. â€Å"Inductive reasoning and deductive reasoning are both subsumed under scientific inquiry, yet they characterize a distinction between purely qualitative and purely quantitative methods.† (Newman & Benz 1998, p.17). Research shows that â€Å"Everyone in the â€Å"value chain† benefits from fair trade.† (Who benefits from fair trade? 2010) from the producers to the consumers. â€Å"Products certified with the fair trade logo guarantee strict standards worldwide on certain environmental, labor and remuneration aspects.† (Chen et al., 2009, p. 67). Research Methodology is â€Å"the section of a research proposal in which the methods to be used are described. The

International Management Essay Example | Topics and Well Written Essays - 3000 words

International Management - Essay Example So what challenges do international firms face in a global marketplace? What is the nature, and role of INRP that impact international businesses? This essay explores the diverse elements of INRP in terms of the political, economic, cultural, ethical, and social environment prevalent in different countries; and analyses their impact on businesses with examples drawn from different countries, and trade. This paper concludes with a concise summary of the emerging global challenges to international trade, and business imperatives to overcome them. Globalization has wide encompassing connotations. Whilst the economic integration of businesses has rapidly grown, the political, social, and cultural interfaces across the borders continue to pose challenges to international trade. With maturing economy, institutional transformations become inevitable. In the nascent or emerging phases, economies are often unpredictable and volatile (Meyer, 2001, pp. 357-367). Managing investment and capital in such a market without an understanding of the economic regulations, and trade practices, could turn nightmarish. Scott (2002) categorized the governing institutions as â€Å"regulatory, normative, and cultural-cognitive.† Formal institutions are often characterized by rules, policies, and enforcement laws. Informal institutions on the other hand, are woven around norms, values, and mental models peculiar to a particular geographic region, or country (North, 1994). Such classifications are often useful in international business management for purposes of market analyses. Five decades ago, Hall (1960, pp. 87-96) enunciated five factors that affect bonding of global businesses, which are relevant even in modern day times. Brief interpretations from Hall’s article in the Harvard Business review are summarised below:- Nuances of time: Time has its own silent interpretations across national boundaries. For instance, a delay