Read the case study below and answer ALL the questions that follow. The topic of a research proposal submitted by a Bachelor of Business Administration Honours student at a prestigious Business School in South Africa is: An investigation into the determinants of the sustainability of small and medium-sized enterprises in Soweto The student has proposed a quantitative approach to achieve the three research objectives below: * To determine the sustainability of Small and medium-sized enterprises (SMEs) in Soweto; * To determine the factors (determinants) of SME sustainability in Soweto; and * To make practical recommendations to owner-managers of SMEs in Soweto on how to enhance the sustainability of their businesses. Answer ALL the questions in this section. On the basis of the student's research topic and research objectives specified above, answer the following questions: 1.1 With reference to the 5W criteria (What? Who? Why? Where? When?), critically analyse the topic of the research proposal. 1.2 State the aim of the proposed study. 1.3 Formulate three (3) research questions for the proposed study (Hint: the research questions should be based on the student's research objectives ). 1.4 For the proposed study, choose an appropriate research design and motivate your choice.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Read the case study below and answer ALL the questions that follow.
The topic of a research proposal submitted by a Bachelor of Business Administration Honours student at a prestigious
Business School in South Africa is:
An investigation into the determinants of the sustainability of small and medium-sized enterprises in Soweto
The student has proposed a quantitative approach to achieve the three research objectives below:
* To determine the sustainability of Small and medium-sized enterprises (SMEs) in Soweto;
* To determine the factors (determinants) of SME sustainability in Soweto; and
* To make practical recommendations to owner-managers of SMEs in Soweto on how to enhance the sustainability of
their businesses.
Answer ALL the questions in this section.
On the basis of the student's research topic and research objectives specified above, answer the following questions:
1.1 With reference to the 5W criteria (What? Who? Why? Where? When?), critically analyse the topic
of the research proposal.
1.2 State the aim of the proposed study.
1.3 Formulate three (3) research questions for the proposed study (Hint: the research questions should
be based on the student's research objectives ).
1.4 For the proposed study, choose an appropriate research design and motivate your choice.
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