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Student name: WRITE YOUR NAMES HERE AS THEY ARE IN YOUR PASSPORT

Student ID number: WRITE YOUR SCHOOL ID NUMBER HERE

RESEARCH
REFLECTION REPORT
Marks
(should contain the details given available
below)
Please type your responses in the spaces below:

Research Methods &Processes The research methods were selected from the literature sources
How and why have you like books and journal articles. All the data collected for the
chosen/decided on the research development of this business plan and its completion were
methods and processes which you secondary in nature. In addition to the books and journal articles
are using/have used for the being used in the business development plan, other resources 15
development of your Major were also used such as websites of governmental organisations
Project? to avail the data about the location where the business would be
set-up. The online websites were used to search the appropriate
How would you describe these to: information about the competitors and their respective locations.
1) a reader of your Major Project Research was also done to avail the concepts which were to be
and/or involved in this business development plan.
1) The reader should understand that there are different concepts
2) a future employer which make a business plan and understanding them would help
in evaluating and developing businesses in the real world.
(max. 275 words) 2) The future employer should see this report as the presentation
of the theoretical knowledge and concepts which are being
applied to present a business plan very well applicable in real
case scenarios.

The most important theories or concepts which are used in this


Literature &sources major project include theories or SWOT analysis, PESTEL
analysis, Porter’s five forces. All these concept helped in the
1) What are the most important development of industry analysis for the making of the major
theories/I literature sources project which was the business plan for a coffee-house. Industry
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/evidence sources which you are analysis helps in analyzing the industry of coffee and coffee
using to justify your research and related products in the country. For market analysis, the concept
You’re Major Project? of marketing mix was used which helped in identification of the
different factors or variables which the company can use to
2) Why are these sources important influence the purchasing decisions of the customer. This would
And fundamental to your work? help the company to grow the business and attract more sales.

(max. 275 words) All these concept, theories and the literature sources significantly
helped in the making of this project. The making of a business
plan requires one to have an understanding of the

Your Knowledge
The key areas of knowledge that have been gained from
What key areas of knowledge have undertaking the projects and for their research and major project
you gained from undertaking your is based on the fact that there were a lot of learning from this
Research and the Major Project? project. The main learning behind this project lies in the fact that
there are some of the revolutionary ideas that can be set right
10
Indicate why these are so important away but also require some establishment.
To you? In addition, the gained knowledge revolved around the market
condition and the status of the industry of coffee and coffee
(max. 200 words) products. In addition to this, the improved knowledge of the
concepts of the business development plan make me as
researcher a candidate which has better skills over those lack the
appropriate knowledge. Moreover, better skills and knowledge
would help to score better grades in my course work and also aid
me in getting better jobs in the market.

Your Learning
The main learning from doing this sort of research also lies
What are the most important
in ensuring that the development of the patience and there
aspects/examples of learning
have been one more revelation while writing the business
and/or skills which you have
gained from:
plan and this lies in the fact that with the development of the
business plan it can also be seen that one can take the
(1) undertaking the MBA business ideas seriously in order to get the implementation.
programme, The risk management and the leadership skills have been 10
attained from undertaking the MBA program.
(2) following through your The main objective that have been solved from applying the
research, and knowledge based on this major project lies in the fact that
there are some of the management skills such as the project
(3) applying your knowledge and management skills that have been solved.
what you have learnt in your Major
Project

(max. 200 words)

Critical Thinking and your ideas


The most important discovery has been regarding the
In carrying out your research, your
Australian market the coffee industry. It was found that it
analysis, your evaluation of
businesses have great opportunities in Australia.
evidence, and in identifying or
proposing conclusions, what has
been the most important discovery,
or piece of evidence, or theory, or 10
viewpoint, or critical idea, or
critical addition to your knowledge,
or other item of importance and
Why?

(max. 200 words)

Barriers met
The calculating of the costs for each and everything from every
What were the main difficulties minor to major thing was a task but they also have been
and barriers which you were faced accomplished with the help of this research. The building of the
within: focus has also been developed with the help of the help of this
research as being a MBA student, back in the mind there was
10
(l) undertaking your research, and always some plan and idea of business but was never
implemented in real life but with the help of this research that
(2) completing your Major project kind of barrier has also been cleared.
(max. 200 words)

Your Professional Development It can be seen that with the help of this project there have been a
development for the networking opportunities as well as there are
What are the most important some of the greater networking opportunities in the interaction of
business and/or management this project as well as there are some of the latest issues as well
skill(s) or academic idea(s) or that have been dealt with gaining of the adequate experience.
lesson(s) which you have learnt There are some of the opportunities that can also upgrade several
10
from undertaking your research and skills and the knowledge in order to keep up with the changing of
Your Major Project - and why? the issues.

(200 words)

The objectives that have been achieved from the


Objectives research and the work in the MBA programme can
be said to be achieved through the fact that there
Based on your research and the have been some of the valuable skills which help in
work which you have done in the
the enhancing of the entrepreneurial spirit and it also 10
MBA Programme and its use in
is based on the learnings that the people who are
your Major Project, what were and
interested in the MBA also introduces to the various
how far have the objectives of your
aspects of life such as it can help in attaining the
major project been achieved?
customer service and also teaches the leadership.
(max. 250 words) The pursuing of MBA will also result in the fact that
MBA teaches you new things every day and one can
experience several changes each and everyday.
Findings & outcomes
The findings regarding the market and industry helped in the
How useful and/or feasible are the development of the report as both of these contribute significantly
findings, recommendations, in a business plan. The findings suggested that market of the
conclusions, or outcomes of your location is very good and thus the business could grow. This is
Major Project to you and/or to a reinforced by the fact that the industry of the coffee stores and
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Future Employer? coffee drinks is growing as more people are getting aware about
the taste of coffee beverages. The conclusion was that the business
You must justify your answer with could be set-up in the location of the capital Male’ in Maldives as
Specific examples. it is a densely populated location.
To the future employer the business plan provides great
(max. 200 words) information about the skills of the researcher as the making of the
business plan required extensive research which resulted in
improving the skills. Such skills can mean a great deal for the
future employer.
TOTAL

100

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