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    Guidelines in Summer

    Project

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    Objectives for the Summer Project

    Introduce students to selected elements of educational researchin B-Schools.

    Allow them to formulate and assess research plans.

    Provide tools to help them carry out those plans.

    Engage them in the Research Methodology Assignments.

    Overall goal: Design a study to include research questions,research methods, data collection logistics, data analysis toolsand success strategies for current issues in Management.

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    Why study Business Research?

    It is a systematic inquiry that provides

    information to guide managerial decisions, like

    to experience significant turnover inemployees for software majors, to determine

    resurfacing and replacement requirements for

    Department of Transportation, etc.

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    Exhibit

    -1The

    Bu

    sinessResearch

    Process

    What is clarifyingthe ResearchQuestion?

    What is Research

    Design Strategy?

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    Market Research as Business Research?

    Generally students do Market Research for some

    product / company in their Summers, which aims

    to: Specify the information necessary to

    address these issues

    Manage & implement the data collection

    process Analyze the results

    Communicate the findings and theirimplications

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    Classification of MarketingResearch

    Problem Identification Research Research undertaken to help identify problems which are

    not necessarily apparent on the surface and yet exist orare likely to arise in the future. Examples: marketpotential, market share, image, market characteristics,sales analysis, forecasting, and trends research.

    Problem Solving Research Research undertaken to help solve specific marketing

    problems. Examples: segmentation, product, pricing,promotion, and distribution research.

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    A Classification of MarketingResearch

    Marketing Research

    ProblemIdentification Research

    Problem SolvingResearch

    Market Potential ResearchMarket Share ResearchMarket CharacteristicsResearchSales Analysis ResearchForecasting Research

    Business Trends Research

    SegmentationResearch

    Product Research

    Promotion Research

    Distribution Research

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    Problem Solving Research

    Determine the basis ofsegmentation

    Establish market potential and

    responsiveness for varioussegments

    Select target markets

    Create lifestyle profiles:

    demography, media, andproduct image characteristics

    SEGMENTATION RESEARCH

    Test concept

    Determine optimal productdesign

    Package tests Product modification

    Brand positioning andrepositioning

    Test marketing

    Control score tests

    PRODUCT RESEARCH

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    Problem Solving Research

    PRICING RESEARCH

    Pricing policies

    Importance of price in brand selection

    Product line pricing

    Price elasticity of demand

    Initiating and responding to price changes

    $ALE

    PROMOTIONAL RESEARCH

    Optimal promotional budget

    Sales promotion relationship

    Optimal promotional mix

    Copy decisions

    Media decisions

    Creative advertising testing

    Evaluation of advertisingeffectiveness

    Claim substantiation

    0.00% APR

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    Problem Solving Research

    DISTRIBUTION RESEARCH

    Determine

    Types of distribution

    Attitudes of channel members

    Intensity of wholesale & resalecoverage

    Channel margins

    Location of retail and wholesaleoutlets

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    Scope of such Market Researchstudy

    Identify changes in the existing market

    Build up a knowledge bank

    Improve market awareness & opportunities

    Reduce risk and uncertainty

    Support marketing mix decisions

    Support marketing planning and controls

    Improve understanding of marketing Solve ad hoc problems

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    Format of Summer InternshipReport

    i. Title Page: 1 Pageii. Acknowledgements: 1 Pageiii. Certificate from BIMMiv. Certificate from Company

    v. Executive Summary (Abstract): 2 Pages with 6Para.vi. Contents/Index: 1 Pagevii. List of Tables: Actual number of pagesviii. List of Graphs : Actual number of pages

    ix. List of Figures : Actual number of pagesx. Abbreviations: 1 Page

    Minimum 11 Pages of Documentation

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    Format of Summer InternshipReport

    1. Introduction

    1.1. Company & Product Profile

    1.2. Definition and purpose of the project

    1.3. Scope and objectives of the project

    1.4. Salient Contributions of the project

    1.5. Outline of the project report

    Minimum 5 Pages

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    Format of Summer InternshipReport

    2. Review of Literature [ Your aim of review ofliterature should be designing of appropriatequestionnaire to measure variables under the study]

    2.1. Theoretical framework, and background theory

    2.2. Review of the existing literature frominternational/ national journals, conferences, books,reports, and patents which are related to the project.

    2.3. Comparison of current project work with thework reported in the literature by other researchers.

    Minimum 15 Pages

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    Format of Summer InternshipReport 3. Report Design on the Present Project

    3.1. Research MethodologyPlease Note: (Write in detail only about the method which has been used forthe project and explain why it is used)

    3.1.1. Method of research: Descriptive 3.1.2. Type of research: Survey

    3.1.3. Objectives (with justifications) 3.1.4. Data type: Primary & Secondary 3.1.5. Data Collection: Describe tools 3.1.6. Sampling: Universe, Sampling unit,

    Sampling Frame, Sample Size, Sampling

    technique or Method: Non-Probability 3.2. Processing and Analysis of Data:Classification, About statistical analysis ofdata

    Minimum 10 Pages

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    Exhib

    it2

    Desig

    nin

    the

    Resear

    chProce

    ss

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    Format of Summer InternshipReport

    4. Results and Interpretations

    4.1. Details about the outcome ofthe research

    4.2. Interpretation of results

    Minimum 20 Pages

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    Faculty are Comfortable withElectronic Resources

    I am simply not comfortable using electronicresources such as computer databases of

    journals. Not well: 68%

    Somewhat: 24% Very Well: 8%

    How well does the followingstatement describe your point of

    view?

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    For the Vast Majority, ElectronicDatabases are Already Invaluable

    Electronic research resources, such ascomputer databases of academic journals, are aninvaluable research tool.

    Not well: 5%

    Somewhat: 22% Very Well: 73%

    How well does the followingstatement describe your point of

    view?

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    Methods Used to Find Journal

    Articles

    0 20 40 60 80 100

    Citations from other

    articles

    Recommendation from

    colleagues

    Ref. from database, hard-

    copy/microform

    Keeping mental note of

    relevant articles

    Searching full-text

    databases

    Published, hard-copy

    directories

    Ref. From database, doc.

    Delivery

    Methods Used Often / Occasionally toFind Articles

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    Format of Summer InternshipReport

    5. Findings

    Minimum 3 Pages

    6. Conclusions 6.1. Salient conclusions from the

    work

    Minimum 3 Pages

    7. Limitations of the project

    Minimum 2 Pages

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    Format of Summer InternshipReport

    8. Recommendations 8.1. Guidelines for the implementation based on

    conclusions 8.2. Procedure for implementation, if applicable. 8.3. Expected outcome from the recommendations 8.4. Scope for future work

    Minimum 3 Pages Appendix

    All Questionnaires to be enlisted References / Bibliography

    Minimum 2 Pages

    Exhibits All non-academic pictures to be enlisted Minimum 1 Page

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    Example for writingReferences

    Book reference: Oliver, N., & Wilkinson, B. (1992), The Japanization of British

    Industry, Oxford, UK: Basil Blackwell.

    Journal reference: Makino, S., & Delios, A. (1996), Local knowledge transfer and

    performance,Journal of International Business Studies, Vol. 27,pp. 905-928.

    Conference: Darnall, N. (2003), Why firms adopt ISO 14001: An institutional

    and resource based view, Paper presented at the conference of

    the Academy of Management, Seattle, WA.

    Website: www.iupindia.org, available online on 1st March 2008.

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    COMPANY CERTIFICATE

    This is to certify that Mr./Ms./Mrs. _________________student of ________________________________ fromBalaji Institute of Modern Management, Pune, hassatisfactorily completed his/her project work entitled

    __________________________________________ ___________Department of ________(name oforganization)_____ from _____to_______.

    Authorized Signature

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    COLLEGE CERTIFICATE

    This is to certify that Mr./Ms./Mrs. __________ is abonafide student of this institute and has successfullycompleted his project entitled _____________ at

    ___(Company Name) ________ for partial fulfillment ofcourse _____________________________from Balaji Institute

    of Modern Management, Pune.

    Director Internal Guide

    (Dr. ) (Prof. )

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    EVALUATION

    Project Report: 75 Marks*

    Project Presentation: 25 Marks

    *Marks distribution for project report depends uponevaluation of various elements presented in the researchincluding timely submission.

    Schedule for Submission

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    Schedule for Submissionfor Marketing & System

    Students1) Movement Form

    26th April10

    2) Project Report

    26th July10

    3)Project Certificate (Xerox copy)

    26th July10

    4) Project Evaluation Form (Original)26th July10

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    If you haven'tmeasured it you don'tknow what you aretalking about.

    -LordKelvin