(Solution) CIPD 7C004 Task 3.1 Costs of options of collection and data analysis
7C004- Business Research in People Practice
To Investigate the impact of Employee Turnover on organisation profitability and performance and Mitigation Strategies in Almarai Organisation
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Description
Solution
The entire planning is cost-intensive and would cost SAR5,000 for completion. The surveys answering would be for approximately 15 minutes to complete with costs included in the identified figure. Apart from making sure entire respondents have been called to participate in the research, various tools can be subscribed into and applied in current research. For example, by using Survey Monkey or Google Sheets, they require a subscription at an average cost of $45. Also, using software for analysis (Excel and SPSS), access to internet would be essential which would not be disconnected. Additionally, non-monetary incentives would be offered. Hence, there are no monetary incentives provided to the respondents.
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