Due date : June 18,2013
PROJECT SUBJECT:
Final Project
International Market Research:
The evaluation of your competency in International Market Research is done through your project submission for this course, i.e. an International Research Plan.
Your task is:
1.You are supposed to complete an “international research process” based on the flow chart that we discussed in class for the business of a company in a country of your choice. Pick a country which the name starts with the letter A
2. Pick a company in that country. A company for me could be big company the country that you pick.
3.The business in question can be:
· A real business (for which you may or may not be employed or contracted or the owner)
· A business that does not yet exist, but that you propose to setup
· A fictitious business of your choice
· 4.The title (Cover) page of your project report must be self-explanatory, and shall contain minimum:
The name of the company
The product or service
· 5. The main body of your project report shall not exceed 15 pages. Reports exceeding 15 pages would receive lower marks. All attachments, graphs, charts (if any) would be counted extra.
· 6. Please pay rigorous attention to do a PROPER CITATION in writing your report. Your instructor is obliged to check the validity of your referencing and origin of the material.
The research process:
* Many research projects will involve
· Secondary and primary research
· Collection of quantitative and qualitative data
*Information –Design Research
Type of Information |
Research |
# of units sold in a new market during the last 5 years (Quantitative, available) |
Secondary research, a market research report or an online collected trade report |
# of customers in a new target market who are not satisfied with a service which company wants to replace (Quantitative, not available) |
Primary research, survey asking a sample selection of customers their satisfaction level |
The features of a car that are most appealing to consumers in a new market (Qualitative, might be available) |
Secondary research, characteristics of best-selling cars, then primary research on consumer preferences |
Regulations for selling pharmaceutical products in a new market (Descriptive data, maybe available) |
Secondary research, government online websites |
* Preparing the research report:
· Title page
· Table of contents
· Executive summary
· Introduction
· Identification of research objectives and methodology
· Identification of strategic and tactical issues
· Findings
· Recommendation and action plan
· Appendices
· Bibliography