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BSB51415 Diploma Of Project Management
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BSB51415 Diploma Of Project Management
0 Download2 Pages / 376 Words
Course Code: BSB51415
University: Charles Darwin University
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: Australia
Question:
Explain our methodology based on the determinants, rations and issues (weaknesses).
Answer:
The research methodology taken by the concerned paper, based on the variables, rationale and also the issues and weaknesses faced by the concerned paper can be seen to be as follows:
Research Design
The concerned research takes the descriptive research design by taking into consideration the different aspects of costs, market expansion as well as factors like those of high traffic of passengers, new market opportunities and also aspects like turnover, revenues and operating costs, in order to analyse the performance of the airline industry in the contemporary period (Taylor, Bogdan and DeVault 2015).
Research Approach
The concerned study takes an explorative and inductive approach in the place of deductive approach. This approach facilitates the study of different aspects related to the profitability and performance of the airline industry and then the detailed studying of these factors to reach to conclusions and inference about the performance of the airline industry and the factors facilitating or barring the overall performance of the airline industry (Alvesson and Sköldberg 2017).
Data Types and Analysis
The research taken into consideration, deals with secondary data collection, taking into consideration both quantitative as well as the qualitative types. To measure the profitability, quantitative data has been used which include those of PPE turnover, Capex spend, Return on Equity, Return on Assets, Load Factor as well as those like RASM and CASM. On the other hand, for the purpose of determination of risks, the concerned research also takes into consideration the qualitative aspects like that of rising fuel costs, labour costs and others and also describes the prospects and challenges faced by the airline industry on the basis of these qualitative as well as quantitative data (Panneerselvam 2014). Based on the intuitive analysis the data collected, the concerned research reaches to the inferences about impressive performance of the concerned industry, despite the presence of different challenges faced by the same (Maxwell 2012).
References
Alvesson, M. and Sköldberg, K., 2017. Reflexive methodology: New vistas for qualitative research. Sage.
Maxwell, J.A., 2012. Qualitative research design: An interactive approach (Vol. 41). Sage publications.
Panneerselvam, R., 2014. Research methodology. PHI Learning Pvt. Ltd..
Taylor, S.J., Bogdan, R. and DeVault, M., 2015. Introduction to qualitative research methods: A guidebook and resource. John Wiley & Sons.
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