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An Assignsment On
Strategic Management
Submitted By
Barsha sarda
MBA Third Semester
Nepal Business College
Author Note
This assignment was prepared for
Strategic Management, MGT510,
Department of Management, Guided by Mr.Bikash Sharma
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Abstract
The above-mentioned study enables us to understand the wider meaning of data collection and its
forms and sources of data collection. In this study, we can understand the data collection that
allows the researcher to answer research questions is one of the key phases in a research
investigation. The process of gathering information with the goal of learning more about the
research topic is known as data collection. There are various data kinds and associated data
collection techniques. Nevertheless, choosing the best form of data collection based on the type
of data that will be used in the study may be difficult for researchers. This study intends to give
readers a comprehensive source for information on data gathering techniques.
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Table of Contents
Chapter One: Introduction...............................................................................................................4
1.1Meaning Of Data........................................................................................................................4
1.2 Purpose of the Study..................................................................................................................4
1.3 Significance of the study...........................................................................................................4
1.4 Research Methodology..............................................................................................................4
Chaper Two:Types of Data..........................................................................................................5-7
Chaper Three:source of Data collection.......................................................................................8-9
3.1 Primary data...............................................................................................................................8
3.2 Secondary data...........................................................................................................................9
Chaper Four:Method of primary data collection......................................................................10-12
Chaper Five:Conclusion................................................................................................................13
Bibliography..................................................................................................................................14
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Chapter One: Introduction
1.1Meaning of Data:
A collection of discrete values that describe quantity, quality, fact, statistics, and other
fundamental units of meaning make up this collection of information. In other word any
information recorded, processed, and kept in order to generate and verify the findings of original
research. (Data , 2023)
1.2 Purpose of the Study
The Purpose of the study's focus is to understand the wider perspective data collection and how
different data are used different fields of study and have different ways of collecting data.
1.3 Significance of the study
The study helps to find out before gathering data, consider why it is crucial to do so, its goal, and
the various methods used by different fields of study. Data is a crucial component of every
research project because it helps the researcher to make decisions based on the information at
hand and to evaluate the information's value in moving the research project forward.
1.4 Research Methodology:
The primary method of this was research was secondary data and the goal of the study was to
understand the wider perspective of data collection t and how different data are used different
fields of study and have different ways of collecting data.
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Chapter Two: Types of Data
By becoming aware of the many forms of data used in research, you may choose the one that
best serves your needs and objective they are as follows:
1. Primary Data:
Primary data are those that a researcher first collects to further a specific goal. Data might be
gathered independently by researchers through surveys, interviews, or experiments. In the sense
that they are genuine and have not been subjected to any statistical procedure, primary data are
"pure." The Nepalese Census is an example of primary data.
.2.Secondary Data:
Secondary data are those data that are sourced from a location where they were first gathered.
This indicates that this type of information has already been gathered by some researchers or
investigators and is either available in written. Statistical .Example information that is accessible
on the websites of the Ministry of Nepal, books, journals, etc.
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3. Qualitative data:
Qualitative data show descriptions that may be seen but are not quantifiable. For instance,
information on qualities like intelligence, honesty, wisdom, cleanliness, and originality gathered
from a sample the sample of office employees would be categorized as qualitative. They are
exploratory in character rather than being definitive.
3.1 Nominal Data:
It is a subcategory of one of the categories of qualitative data. It is utilized to identify the
variables without giving them a numerical value. For instance, certain letters, symbols, or
genders.
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3.2 Ordinal Data:
It is a subcategory of one of the categories of qualitative data. It is a certain kind of data that has
a logical progression. In the case of nominal data, the difference between the data values is not
identified. Ordinal data variables, for instance, are frequently used in surveys, economics,
questionnaires, and financial operations.
4.Quantative data:
Quantities data show descriptions that they are quantifiable but cannot may be seen. Calculations
and numerical representations of quantitative data are both possible. Data on, for in example,
how many employees are engage in team-building activities.
4.1. Discrete data:
Discrete data are data values that can only take on a specific range of values. Like the number of
students in the class or the number of stars in the sky are the example.
4.2. Continous data
Continuous data may include values that fall between a predetermined range's top and lowest
values. For instance, because the class's pupils' heights may vary greatly, it is possible to
summarize the data by grouping them into ranges. (valcheva, 2022)
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Chapter Three: Sources of Data collection
1. Primary Data:
Primary data is information that is raw, original, and taken straight from the official sources. By
utilizing tools like surveys, interviews, and questionnaires, this kind of data is directly gathered.
The methods of Primary data are as follows:
a. Interview method
b. Survey method
c. Observation method
d. Experimental method.
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2. Secondary Data:
Data that has already been gathered and is being utilized again for a legitimate reason is referred
to as secondary data. This type of data has two types of sources, internal source and external
source, and was previously captured from primary data.
a. Internal source:
These sorts of information, such as market data, sales data, transactions, customer information,
accounting resources, etc., are readily available within the firm. Obtaining internal sources costs
less and takes less time.
b. External source:
External source data is information that is not available internally at companies but can be
obtained from outside third parties. Government publications, news publications, the Registrar
General of Nepal, the planning commission, and other non-governmental publications are a few
examples of external sources. (akhaleqh02, 2022)
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Chapter Four: Method of primary Data collection
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The following are the methods of Primary data collection
a. Survey method:
The survey method is a research procedure where a list of obvious questions is posed and
responses are recorded in text, audio, or video. Both online and offline methods, including
internet forms and email, are available for obtaining the survey technique. The survey responses
are then saved for data analysis. Examples include surveys conducted online or through polls on
social media.
b. Interview method:
The target audience is interviewed during this process by a person known as the interviewer, and
the individual who responds to the interview is known as the interviewee. These can be
structured or unstructured, like in-person or formal interviews conducted over the phone, in
person, by email, etc.
c. Observational method:
The observation method is a technique for gathering data in which the researcher carefully
monitors the actions and customs of the target audience while utilizing a tool for gathering
information, then records the information in text, audio, or video form or in any other
unprocessed format. Observing a group of clients and how they interact with the merchandise is
one example. The collected information will be processed.
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d. Experimental method:
The experimental method is a way of gathering data through experimentation, study, and
research. The most popular experimentation techniques are CRD, RBD, LSD, and FD.
e. Questionnaire method:
The set of questions is mailed to the respondent using this technique. They should read the
questionnaire, complete it, and then send it back. On the form, the questions are printed in a
specific order.
The following qualities should be present in a good survey:
i. Simple and brief.
ii. Should be visually appealing, including in terms of color and paper quality, to grab the
respondent's attention.
f. Schedules:
With a small exception, this technique is comparable to the questionnaire approach. The
enumerations are scheduled specifically to fit the schedules. It clarifies the investigation's goals
and objectives and, if any misunderstandings have arisen, could help clear them up. Enumerators
need to be taught how to do their jobs well and patiently. (akhaleqh02, 2022) (Data collection
method, 2022)
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Chapter Four: Conclusion
One of the most important phases of doing a research project is gathering the necessary data.
Data gathering is a very difficult task that requires careful planning, diligent work,
understanding, determination, and more in order to be successfully completed. Identifying the
type of data that is required is the first step in data collecting, which is then followed by the
selection of a sample from a certain segment of the population. After that, you need to use a
specific tool to collect the data from the selected sample. Typically, we can collect data from
primary and secondary sources. Examples of data received in an uncontrolled circumstance
include data obtained through questionnaire assessment or perception research conducted in a
typical environment. The information obtained through secondary sources, such as journal,
magazines, books, document, report.
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Bibliography
Data
akhaleqh02. (2022, 07 08). source of data. Retrieved 02 08, 2023, from www.geeksforgeeks.org:
https://www.geeksforgeeks.org/different-sources-of-data-for-data-analysis/
Data . (2023, 02 02). Retrieved 02 08, 2023, from wikipedia.org:
https://en.wikipedia.org/wiki/Data
Data collection method. (2022, 09 02). Retrieved 02 08, 2023, from byjus.com:
https://byjus.com/maths/data-collection-method
valcheva, s. (2022, 07 03). Data type. Retrieved febuary 8, 2023, from www.intellspot.com:
https://www.intellspot.com/data-types/
