RP A1 Oct 2011

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    BTEC HND IN BUSINESS (FINANCE)

    ASSIGNMENT COVER SHEET

    NAME OF STUDENT

    REGISTRATION NO.

    UNIT TITLE Unit 8: Research Project

    ASSIGNMENT TITLE Research Proposal

    ASSIGNMENT NO 1 of 2

    NAME OF ASSESSOR

    SUBMISSION DEADLINE

    I, __________________________ hereby confirm that this assignment is my own work and notcopied or plagiarized from any source. I have referenced the sources from which information isobtained by me for this assignment.

    ________________________________ ____________________

    Signature Date

    ----------------------------------------------------------------------------------------------------------------

    FOR OFFICIAL USE

    Assignment Received By: Date:

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    Unit Outcomes

    OutcomeEvidence for

    thecriteria

    Feedback Assessors decisionInternal

    Verification

    First Re-

    Prepare aresearchproposal

    relating to aspecifiedarea of

    business

    (1)

    Identify aresearch

    question orhypothesis andjustify choice

    a

    Justify thechosen

    methodology interms of the

    researchquestion

    b

    Prepare anaction plan withtarget dates and

    methods formonitoring and

    updating

    c

    Devise a code

    of ethics for theconduct of the

    study

    d

    Merit grades awarded M1 M2 M3

    Distinction grades awarded D1 D2 D3

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    OutcomeEvidence for

    thecriteria

    Feedback Assessors decisionInternal

    Verification

    Comments by Assessor - Common Skills

    A B C D E F G

    Assignment( ) Well-structured; Reference is done properly / should be done (if any)

    Overall, youve

    Areas for improvement:

    ASSESSOR SIGNATURE DATE / /

    NAME:.........................................................................................

    (Oral feedback was also provided)

    STUDENT SIGNATURE DATE / /

    NAME :..............................................................................

    FOR INTERNAL USE ONLY

    VERIFIED YES NO

    DATE : ..........................................................................

    VERIFIED BY : ...........................................................................

    NAME : ...........................................................................

    COMMON SKILLS & COMPETENCIES ASSESSED (indicated by X)

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    SCENARIO RESEARCH PROPOSAL

    You are assigned to conduct a market research on specific area of an industry sector

    i.e. cosmetic sector in Vietnam either local or global or both. You may focus on your

    own field of interest including, but not limited to, general management, marketing,

    organizational behaviour, finance, operations, and/or information systems etc. You

    are required to establish relationships with stakeholders of cosmetic and beauty

    products who operate business in Vietnam.

    The cosmetics sector in Vietnam is in the early stages of development. Presently,

    the sale of cosmetics and beauty products is largely uncontrolled and is plagued by a

    wide range of fake, mislabelled, and smuggled products. The Vietnamese cosmeticsmarket is highly price sensitive and full of low-cost knock-offs. International

    cosmetic giants must contend with these challenges when entering the market with

    their premium products.

    Vietnamese consumers spend about VND 45,000 (about USD $3) for cosmetics

    purchases sold at local street shops and about VND 100,000 (about USD $6.5) for

    similar beauty products sold at department stores, supermarkets, and specialty

    cosmetics shops.

    Consumer tastes and preferences for more sophisticated products are maturing and

    shifting towards quality brand names. This is especially so with younger consumers.

    Incumbent foreign companies in Vietnam recognize the markets future potential and

    are advertising aggressively. To capture more market share, local manufacturers are

    investing in more research and development, as well as marketing and distribution

    activities to compete with superior international brands. This growing and rapidly

    developing market offers numerous opportunities for American companies in the

    following segments: finished beauty products, raw cosmetics material and

    manufacturing technologies and related equipment for beauty products.

    A. MANAGING & DEVELOPING SELF D. MANAGING TASKS & SOLVING PROBLEMS

    1. Managing own roles & responsibilities 12. Use information sources X

    2. Manage own time in achieving objectives 13. Deal with a combination of routine & non-routine tasks

    3. Undertakes personal and career development 14. Identify & solve routine & non-routine problems

    4. Transfer skills gained to new/changing situations & contexts

    B. WORKING WITH & RELATING TO OTHERS E. APPLYING NUMERACY5. Treat others beliefs and opinions with respect 15. Applying numerical skills and techniques

    6. Relate & interact effectively with individuals & groups

    7. Work effectively as a team member F. APPLYING TECHNOLOGY

    C. COMMUNICATING 16. Use a range of technological equipment and systems

    8. Receive and respond to a variety of information G. APPLYING DESIGN AND CREATIVITY

    9. Present information in a variety of visual forms X 17. Applying a range of skills and techniques to develop avariety of ideas in the creation of new / modified products,

    services or situations10. Communicate in writing X

    11. Participate in oral & no-verbal communication 18. Use a range of thought processes X

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    It is estimated that 90-95 percent of the market for international cosmetics products

    in Vietnam is in the more cosmopolitan areas of the country, including Ho Chi Minh

    City in the south and Hanoi in the north. Relatively few sales of international

    cosmetics occur outside of these cities. The cosmetics market in Ho Chi Minh City is

    about five times larger than that of Hanoi.

    There are hundreds of locally produced brands and other low prestige cosmetics

    labels from China and Thailand targeted towards low-income consumers. Foreign

    make-up and skin care products are steadily gaining in popularity among

    Vietnamese consumers. Sales of skin care products are expected to level off and

    grow at around 10-15 percent annually over the next three years, as this previously

    untapped market segment becomes cluttered with foreign and domestic brands.

    Although Vietnamese consumers still prefer skin care products from Europe and

    Japan, locally produced products account for 65 percent of the market for skin care

    products.

    This research project should draw together other business areas of content you have

    selected, and form a holistic piece of work which provides meaningful contribution to

    academic as well as commercial practices. You are required to demonstrate the

    ability to work independently while working closely with your research supervisor.

    Your research proposal should include the following area:

    Identify a research background, objectives, research question or hypothesisand justify your choice (1 a)

    Justify the chosen methodology in terms of the research question (1 b)

    Prepare an action plan with target dates and methods for monitoring andupdating (1 c)

    Devise a code of ethics for the conduct of the study (1 d)

    Note

    Your research project proposal should include explanations, comparisons, analyses,generalizations, relationships, predictions, etc. When you are selecting the area ofconcern for this research proposal and intended report, ensure that it is challenging,interesting, methodological and relevant to you and the organisation.

    You would also need to ensure the feasibility for such research and this include;availability of information, skills, interest, time and risk involved.

    Your research proposal should include the following:

    Proposal Cover sheet Table of contents Research background

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    Statement of problem Research objectives Research questions/hypotheses Research methodology Intended literature Proposed structure of the final research report Action plan and target dates (including monitoring method and possible

    updates during your research process) Research limitations Research ethics References

    GRADING

    Pass is achieved by meeting all the requirements defined in the assessmentcriteria. (Refer page 2 of the assignment brief)

    Merit Identify and apply strategies to find appropriate solutions. (M1)

    Characteristics / Possible Evidence relevant theories and techniqueshave been applied in consideration to the research question or

    hypothesis and choice justified.

    Select/design and apply appropriate methods/techniques (M2)

    Characteristics / Possible Evidence a range of methods andtechniques have been have been identified for research questions

    Present and communicate appropriate findings (M3)

    Characteristics / Possible Evidence An appropriate structure and

    approach has been used to write a professional report and a range ofmethods of presentation like charts, diagrams, graphs are used.

    Distinction Use critical reflection to evaluate own work and justify valid conclusions(D1)

    Characteristics / Possible Evidence creation has been used to generate and justify valid comments and overcome barriers to the research projectproposal.

    Common Skills Grading

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    To achieve a PASS, students answers should display and responds to a variety ofactivities, legible with neat written work, an intention of gathering different sources ofinformation and the structure to be presented for the project report.

    To achieve a MERIT, student must show a well compile answers on the specifictasks given. The compilation in general is well documented and logically set out with

    evidence of significant intended research activities. However, the solutions may notalways be apparent. The ideas presented will reveal an approach, which is quiterealistic, and of some value in the context of the specific business activities. Thestandard of presentation should be good.

    To achieve a DISTINCTION, student must show well compiled answers, with crossreferences in relations to the intended research project report. The compilation willbe well documented and logically set out, with evidence of intended extensivefindings and possible applications. The intended plan and execution of the activitieswill be clearly apparent. In addition, there may also be evidence of original thinking.The ideas presented will reveal a mature and realistic approach to organising

    resources for the various business activities. The standard of presentation should beexcellent.

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    PRESENTATION

    1. The assignment should have a cover page that includes the assignment title,assignment number, course title, module title, Lecturer/tutor name andstudents name. Attach all the pages of assignment brief/cover sheet with yourreport and leave them blank for official use.

    2. Ensure that authenticity declaration has been signed.

    3. This is an individual assignment and a CD of the report with references isto be included.

    4. Content sheet with a list of all headings and page numbers.

    5. A fully typed up professionally presented report document. Use 12 point Arialor Times New Roman script.

    6. Your assignment should be word-processed and should not exceed 2,500words in length.

    7. Use the Harvard referencing system.

    8. Exhibits/appendices are outside this limit.

    9. The assignment should be not contain a bibliography but should contain alist of any references used in the assignment.

    NOTES TO STUDENTS FOR SUBMMISSION

    Check carefully the submission date and the instructions given with theassignment. Late assignments will not be accepted.

    Ensure that you give yourself enough time to complete the assignment by thedue date.

    Do not leave things such as printing to the last minute excuses of this naturewill not be accepted for failure to hand-in the work on time.

    You must take responsibility for managing your own time effectively.

    If you are unable to hand in your assignment on time and have valid reasonssuch as illness, you may apply (in writing) for an extension.

    Failure to achieve a PASS grade will results in a REFERRAL grade beinggiven.

    Take great care that if you use other peoples work or ideas in yourassignment, you properly reference them in your text and any bibliography.

    NOTE: If you are caught plagiarizing, you could have your gradereduced to zero, or at worst, you could be excluded from the course.

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