Business Research Method Assignment
Business Research Method Assignment
Successfully first of all I would like to thank our Allah Almighty who
really helps me in every problem during the project. I would like to
express my sincere and humble gratitude to Almighty who’s
Blessings, help and guidance has been a real source of all my
achievements in my life.
I would like to admit that I completed this project due to parents who
pray for my success.
In a similar vein, the term ‘methodology’ has been defined in various ways,
indeed ‘normatively’ and ‘structurally’. Normatively, it has been defined in the
sense of theory of knowledge (epistemology) or philosophy of science. The
dominant theory, of course, is ‘logical positivism’, a philosophical tradition that
holds that all ‘facts’ are derived from ‘experience’, defined minimally in terms of
senses, and that all knowledge is based on experience. Judgments of ‘values’
cannot be accepted as knowledge.
Data are facts, figures, enumerations and other materials, past and present,
serving as basis for study and analysis; they are raw material for analysis;
provide basis for testing hypothesis, developing scales and tables
Secondary data
How to Scrutinize
Published & unpublished
Methods where used
A. Meta analysis
B. Historical method
C. Content analysis
D. Informetrics
E. Use studies
Primary Data
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G. Panel study
H. Projective techniques
I. Sociometry
J. Case study
• Interview / Depth interview / schedule
• Mail Survey / questionnaire
• Mechanical devices
Secondary data
Published or unpublished
Retrospective panel study
Letters
Unpublished biographic / autobiographics
Library statistics
Raw data like invoices / log data for expenditure & use of data
bases
Published directories for (i) study funding for research activities
(ii) statistics about publishing industry
Published reports of UN, world bank, IMF, WHO, ILO etc.
Advantages
Quick
Cheap
Wide coverage (space and time)
Broad database leading to generalizations
Cross check Primary data
Disadvantages
Suitability
Up-to – dateness
Accuracy
Availability and accessibility
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Scrutinize Secondary data for
1. Reliability
Who collected (possible bias)
From what sources
Which methods
What time
What accuracy
2. Suitability
Definition of terms
Units of measurements
Objective, scope and nature of survey
3. Adequacy
Level of accuracy
Narrower or wider than present study
Completeness in terms of methodology and sampling
design
1. published (literature0
2. Unpublished
- Diaries
- Letters
- Unpublished biographic
A Meta analysis
B. Historical Method
- Systematic and objective location, evaluation and
synthesis of evidence order to establish facts and draw
conclusions about past events
- Deals with the evidence of man’s past acts and thoughts
- Attempts to test the truthfulness of the report of
observations made
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PRIMARY SOURCES FOR HISTORICAL RESEARCH
1. Remains or relics
- Skeletons, fossils, weapons, tools, utensils, buildings,
pictures, furniture, coins, etc.
2. Items that have direct physical relationship with the event being
reconstructed, i.e. written and oral testimony
- annuals, archive catalog, chronicle
- deeds, legend, manuscript, memoir, register etc
- museums
Definition:-
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• Controlled observation of change / deviation in variables (Adequate
control is the essence => reduce bias increases reliability
Types:
• Lab experiments
• Field experiments – A real life situation
Types:
Applications
• Earliest use involved work counts and usage rates of words (i)
throw light on authenticity of a source document (ii) drawing inference
about inner emotional states (e.g. anxiety)
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• Philosophy of saints, leaders, authors etc
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EXECUTIVE SUMMARY
During the past four decades Pizza Hut has built a reputation for excellence
that has earned the respect of consumers and industry experts alike. Building
a leading pizza company ahs required relentless innovation, commitment to
quality and dedication to customer service and value. The qualities of
entrepreneurship, growth and leadership have characterized Pizza Hut’s
business through more than four decades of success. Through the strength of
its heritage, its culture and its people and franchisees, pizza hut looks forward
to more success in future.
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History of Pizza
About pizza, some will tell you Italy. That’s wrong. What you know as Pizza
came into vogue around the time of Napoleon and the French revolution
Italians, known to be lovers of fine food and wines perfected and imported this
terrific dish to America. Form here it quickly endeared itself to mass production
and re-export to the rest of the world. Bon appetite
The legacy of pizza hut began in 1958, when two collage student from Wichita
kankas, frank and Dam carney, were approached by a family friend with the
idea of opening a pizza parlor. Although the concept was relatively new to
many Americans at that time, the brother quickly shows the potential of this
new enterprise.After borrowing $600 from their mother, they purchase some
second hand equipment & rented a small building on a busy intersection in
their home town. The result of their entrepreneur efforts was the first pizza hut
restaurant and the foundation for what would become the target and most
successful pizza restaurant company in the world.Over the post for decades
they have built a reputation for excellence that has earned them the respect of
consumers and industry experts a like, their products have boon voted number
one in the countless consumer surveys patrimonies and their
accomplishments as an innovative business leader have been cited by such
respected publications as restaurant business. Pizza hut a division of Tricon
Global Restaurant has more than 7200 units in the US and 3000 units in more
than 86 other countries. What did it take to build successful business of that
magnitude? To took hard work, to be sure, and it took a commitment to quality
and a dedication to serine and value. But perhaps as much as anything. It took
the qualities of entrepreneurship, growth and leadership which have
characterized our business through nearly four decades of success.
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MISSION STATEMENT
We take pride in making a perfect pizza and providing courteous and helpful
service on time all the time. Every customer says, “I” II be back!”
P.E.A.R.L.S
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Major Competitors of Pizza Hut
• Domino’s
• McDonald
• KFC
• Taco bell
Recently pizza hut declared that they capture 40% market share among pizza
hut industry in whole world.
• Pan Pizza
• Thin ‘ N Crispy Pizza
• Hand –tossed style Pizza
• Stuffed Crust Pizza
• Yorker Pizza
Recently pizza hut introduced new pizza in market i.e. Damini Strips Pizza
• Double Cheese
• Country fest
• Exotica
• Veg.supreme
In Islamabad city double cheese pizza has big market than any other
products of Pizzahut.
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BRIEF VIEW ON THE TOPIC
Customer satisfaction:
Satisfaction:
A company tools for tracking and measuring customer satisfaction range from the
primitive to the sophisticated. Customer satisfaction they are creating.
A company must not conclude that it can get a full picture of customer
satisfaction and dissatisfaction by simply running a complaint and suggestion
system. Studies show that customers are dissatisfied with one out of every four
purchases and less than 5% of dissatisfied customers will complain. As a result
customer will shift to other organization.
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Therefore, companies cannot use complaint levels as a measure of customer
satisfaction. Responsive companies obtain a direct measure of customer
satisfaction by conducting periodic surveys. They send questionnaires or make
telephone calls to a random sample of their recent customers to find out how
they feel about various aspects of the company’s performance. They will also
solicit buyers’ views on their competitors’ performances.
Ghost shopping:
Companies should contact customers who have stopped buying or who have
switched to another supplier to learn why this happened. This will help them to
known and tackle their weak point. Thus companies give due weight to customer
satisfaction because in today’s competition if the customer are not given
importance then it sure that the company will plummet to the bottom rock..
Problem Definition
To find out problem is the first stage of the research process. It represents
translating the management problem into research problem. It is right said, “a
problem well defined is half – solved.” Problem identification, from the
researcher’s point of view, represents translating the management problem into
research problem. It is notices that pizza hut company has adopted various
schemes to satisfy their customer satisfaction is a special part of any marketing
research, without it you can’t complete your research. By studying consumer
satisfaction level of the customers, the marketers can easily come to know about
the needs of various types of customers and accordingly he can satisfy them.
Therefore, the research requires, “the comparative study on customer’s
satisfaction level with special reference to Islamabad city. The solution will be
helpful the analyzer to find out the current satisfaction level for the pizza of pizza
hut.
OBJECTIVE
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LIMITATION
• The survey was conducted within the limited time frame; so few
shortcomings may be expected.
• The respondent’s personal bias may be another factor, which is
uncontrollable.
• The finding of the survey is strictly based on the responses of the
respondents. it is difficult to find the euthenics be true, so we are
assuming them to be true.
• The study is helpful to company for knowing that how many persons are
satisfied with pizza of pizza hut.
• Company can make the product better as per customer suggestion.
• During study researcher get large experience and introduced himself in
front of new people.
RESEARCH METHODOLOGY
GENERAL INTRODUCTION
Research in common parlance refers to a search for knowledge. One can also
define research as a scientific and systematic search for pertinent information on
a specific topic. In fact, research is an art of scientific investigation. The
advanced learner’s dictionary of current English lays down the meaning of
research as “a careful investigation or inquiry specially through search for new
facts in any branch of knowledge.” Redman and moray define research as a
“systematized effort to gain new knowledge.” Some people consider research as
movement, a movement from the know to unknown to unknown. It is actually a
voyage of discovery. The Webster’s international dictionary proposes a very
inclusive definition of research as “a careful, critical inquiry or examination in
seeking facts or principles; diligent investigation in order to ascertain something.”
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Slazenger and m. Stephenson in the encyclopedia of social sciences define
research as “the manipulation of things, concepts or symbols for the purpose of
generalizing to extend, correct or verify knowledge, whether that knowledge aids
in construction of theory or in the practice of an art.”Research is thus, an original
contribution to the existing stock of knowledge making for its advancement. It is
pursuit of truth with the help of study, observation, comparison and experiment.
In short, the search for knowledge through objective and systematic method of
finding solution to a problem is research. The systematic method approach
concerning generalization and the formulation of a theory is also research. As
such the term ‘research’ refers to the systematic method consisting of
enunciating the problem, formulating a hypothesis, collecting the facts or data,
analyzing the facts and reaching certain conclusions either in the form of
solutions towards the concerned problem or in certain generalizations for some
theoretical formulation. Research can be either applied research or fundamental
research. Applied research aims at finding a solution for an immediate problem
facing a society or an industrial/business organization whereas fundamental
research is concerned with generalization and with the formulation of a theory.
The research implies the way the companies are being affected in terms of
customer services and satisfaction and profitability due to the lack of certain
innovative measures. I have used the following research design for carrying out
the research for this particular study.
SAMPLING
As for purpose of research I have selected the random sampling. All items in any
field of inquiry constitute a ‘Universe’ or ‘Population’ A complete enumeration of
all items in the ‘population’ is known as a Census inquiry. When field studies are
undertaken the respondents selected should be such that is a miniature cross-
section of the total population representing the total population. The survey.
Thus, the method consisting of the selecting for study a position of the ‘Universe’
with view to drawing conclusion about the ‘Universe’ or ‘population’ is known as
sampling. It may be defined as selection of some part of an aggregate or totality
based on which judgments or inference about the aggregate or totality made.
SAMPLE DESIGN
A sample design is a definite plan for obtaining a sample from a given population.
It refers to the technique the researcher would adopt in selecting items for the
sample. Sample design is determined before data are collected. Researcher
must select a sample design, which should be reliable and appropriate for his
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research study. In the present research the researcher has paid attention to the
following points.
A. Sampling Frame
The elementary units or group clusters of such unit may be the basis of
sampling process in which the case they are called as sampling units. A
list containing all such sampling units is known as sampling frame. Thus
sampling frame consists of a list of item from which the sample is to be
drawn. The sample frame fro this research constitutes all the customers
and non customers who may well be eating the pizza of pizza hut.
B. Sampling unit
A decision has to be taken concerning a sampling unit before selecting
sample sampling unit may be a geographical one, a construction unit, a
social unit or it may be an individual. The sample unit for this research
constitutes the organization that is the sole dealer and distributor of pizza
of pizza hut.
C. Sample Size
The size of sample refers to the number of items to be selected from the
universe to constitute a sample. This is a major problem to be faced by a
researcher. The size of the sample should neither be excessively large,
nor too small. It should be optimum. Now an optimum sample is one,
which fulfills the requirement of efficiency, representative ness, reliability
and flexibility. The sample for the purpose of the present training project
constitutes 250 customers and non customers i.e., respondents. I have
derived the sample size of 250 respondents by adopting the given below
formula and calculation:-
pq (Z/E)2
= 0.80 X 0.20 (1.96/0.05)2
= 0.16 (39.2)2
= 245.84
= 250 (randomly)
D. Sampling Error
Sampling error are the random variations in the sample estimates around
the true population parameters. They occur randomly and are equally
likely to be in either direction, their nature happens to be of compensatory
type and expected value of such errors happens to be equal to zero. Other
characteristic is that the sampling error tends to decrease with the
increase in the size of the sample.
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RESEARCH TOOLS
The task data collection begins after the research problem has been defined.
There are basically two types of data:
• Primary data
• Secondary data
PRIMARY DATA
Primary data are those, which collected a fresh and for the first time, and thus
they are original data. The various methods of collecting of primary data are:-
• Observation method
• Interview method
• Questionnaire method
Observation Method
Observation becomes a scientific tool and the method of data collection for the
researcher, when it serves a formulated research purpose, is systematically
planned and recorded and is subjected to checks and controls on validity and
reliability. Under the observation method, the information is sort by way of
investigator’s own direct observation without asking the respondent.
Interview Method
Questionnaire Method
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schedule questionnaire with multiple choice questions was designed which were
both open ended as well as closed ended questions.
SECONDARY DATA
Secondary data are those, which have been already collected by someone else
and which have been passed through statistical process. For the purpose of
conducting this research, I have used various secondary data such as: -
• Books
• Articles, Newspaper
• Websites
Gender Respondent %
Male 188 62.67%
Female 112 37.33%
Total 300 100%
400
respondent
300 Male
200 Female
100 Total
0
Respondent %
male female
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COMMENT: - the above chart shows that 62.67% are male respondent & 37.33%
are female.
Age Respondent %
Below 18 48 16
18-25 106 35.33
26-35 49 16.33
36-45 52 17.34
46-55 27 9
Above 56 18 6
Total 300 100%
agwise analysis
Respondent
150
100 Respondent
50 %
0
18
5
-3
-5
w
26
46
lo
Be
age
Comment:-the above char clearly indicate that the teenagers and age between
18-26 are more interested to visit Pizza Hut
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Occupation wise analysis
Occupation Respondent %
Student 109 36.33
House wife 12 4
Professional 48 16
Employee 44 14.67
Businessman 87 29
Total 300 100
Occupationwise analysis
Total 100
300
Businessman 29
87
Occupation
Employee 14.67
44 %
Professional 16 Respondent
48
House w ife 4
12
Student 36.33
109
Comment:- it shows that businessman & student are visited more than any
others.
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Income wise analysis
Income Respondent %
2501-5000 3 1
5001-7500 14 4.67
7501-10000 63 21
10001-15000 53 17.6
2501-5000
5001-7500
7501-10000
10001-15000
Above 15000
Total
Comment: - the above graph indicated that people with above 15000 income is
big segment of pizza hut.
Time Respondent %
<=2 193 64.33
3 to 5 68 22.67
More than 5 39 13
Total 300 100
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Fre que ntly Eating analysis
200
Re s ponde nt 100
0
<=2 3 to 5 More Respondent
than 5
Tim e
Comments:- the above chart shows that generally people visit pizza hut less two
times in a month
Factors Respondent %
Quality 209 69.67
Customer Care 34 11.33
Delivery 40 13.33
Services
Packing 17 5.67
Total 300 100
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Analysis for affecting factors in buyers
Packing 17
Delivery
40
Services
Respondent
Customer
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Care
Quality 209
Comment:- it shows that consumer of pizza hut always desire quality than any
other factor.
Place Responden %
t
Restaurant of pizza hut 189 63
Home 67 22.33
Parties 30 10
Others 14 4.67
Total 300 100
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analysis where eating pizza
Others
14
place
Parties
30
Hom e
67
189
Restaurant of pizza hut
Respondent
Comment:- the above graph indicate that people likely to it pizza restaurant of
pizza hut.
DISSATISFACTION CHART
Satisfaction Responden %
t
Yes 33 11
No 267 89
Total 300 100
Dissatisfication Chart
300
Respondent
200
Respondent
100
0
Yes No
Dissatisfication
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Comment:- above chart shows that people are rarely dissatisfied to pizza hut.
Linking of Respondent %
Service
Yes 289 96.33
No 11 3.67
Total 300 100
No
11
289
Yes
Respondent
Comment: - above chart shows that 96.33 % respondents are satisfied with the
services of pizza hut providing.
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Occupation vs Frequently Eating
Businessm an
Occupation
Em ployee
Professional
House w ife
Student
>= 5
0 20 40 60 80 3 to 5
Respondent <=2
Comment:- above chart shows that businessman and professional more time go
for frequently eating.
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ANALYSIS OF LIKING OF THE SERVICE
Linking of Respondent %
Service
Yes 289 96.33
No 11 3.67
Total 300 100
300
Respond 200
ent 100
Respondent
0
Yes No
liking
Comment:- the above chart shows that 96.33% respondents are like the
services of pizza hut.
Restaurant Responden %
t
Pizza hut 192 64
Smoking Joes 47 15.67
Sugar ‘n’ spice 21 7
City Corner 15 5
Others 25 8.33
Total 300 100
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analysis of other major resturant with
pizza hut about liking factor
25, 8%
15, 5% Pizza hut
21, 7% Smoking Joes
Sugar ‘n’ spice
47, 16%
192, 64% City Corner
Others
Comments:- the above chart shows that pizza hut is top in Islamabad for giving
best quality than other restaurant.
Restaurant Respondent %
Yes 97 29
No 213 71
Total 300 100
213
No
Yes
97
Respondent
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Comments:- above chart show that 29% people test better pizza than pizza hut
and others 71% are never test better pizza than pizza hut.
Occupation Yes % No %
Student 107 35.67 14 4.67
House wife 15 5 4 1.33
Professional 61 20.33 7 2.33
Employee 39 13 5 1.67
Businessman 40 13.33 8 2.67
Total 262 87.33 38 12.67
Employee 5
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Professional 7
61 No
House wife 4
15 Yes
Student 14
107
0 50 100 150
Respondent
Comments:- above chart indicate that student prefer pizza more than any other
so student is a big segment of pizza hut.
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INCOME VS PREFERENCE PRODUCT
Others
5001-7500
Veg.suppe
7501-10000
Exotica 10001-15000
Above-15001
Country fest
Double
0 20 40 60
Respondent
Comment;- generally people are choosing pizza according to their income level.
People with income of above 15000 are choosing double cheese pizza most.
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INCOME VS BUYING AFFECTED FACTOR
Delivery
5001-7500
Customer 7501-10000
10001-15000
Price Above-15001
Quality
0 10 20 30 40 50 60
Respondent
Comments:- the above chart shows that quality is the highly affected their
buying.
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HYPOTHESIS TESTING
I have taken 20 sample before survey for pilot study in which 14 respondents are
satisfied about pizza of pizza hut and 6 respondents does not satisfied about
pizza of pizza hut.
P = 0.75
Q = 0.25
I have taken 300 sample size for survey, I have found 289 respondents are
satisfied. And 11 respondents do not satisfy.
n = 300
p = x/n
= 289/300
= 0.96
Z cal. = | p-P |
√PQ/n
= |0.96 – 0.75 |
√0.75 x 0.25/300
= 0.21
√0.025
Z cal.= 8.4
Z cal.> 1.96 so, we reject null hypothesis
FINDING
People from GHOD DOD road are often visit pizza hut in month.
General visit pizza hut less than two times in month.
Male consumers are visit pizza hut more than female consumers.
A people with high income (more than 15000) visited pizza hut more.
Generally people with businessman+ and professional visit more than
employee.
People refer quality more than delivery, service & packaging.
Students are more prefer pizza from pizza hut.
In surat city very few time people test better pizza than pizza hut.
People are satisfied about the services of pizza hut.
People prefer pizza from pizza hut more than other restaurants.
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In Surat city smoking Joe’s is the biggest competitor of pizza hut.
In international market domino’s is the biggest competitor.
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Recommendation
• Students are likely to visit pizzahut in morning time also they suggest
that you should open restaurant in morning time like 9 a.m. to regular
time.
• Regular consumer of pizzahut always wait for new product of pizza hut,
so some of them suggest that you should launch new product time to
time.
• Some well wisher of pizzahut suggest that you should arrange party for
your regular consumer and also participating in social work also so you
can build up new image in the city.
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SWOT Analysis
Strengths
Weakness
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• Huge inventory stocks of raw material and finished goods
• Few new products are introduce in the market
Opportunities
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Threats
References
• www.google.com
• www.wiki.com
• Cost Accounting Planning and Control 7th Edition
Matz Usry
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