Business report on a hotel

Business report on a hotelI consent given you the assignment of preparing a detailed business research report on any good business problem or opportunity or may be you can prep be a report based on a problem related to your institute or may be on some other factors. The purpose of this term report is to enhance your professional skills in terms of practicality and research skills. The body of report should be nimble and presented to me by noember 8, 2011It should be a survey research for the collection of primary data. You may drill secondary sources for gathering information. I would manage you to make use of SPSS softw ar for feeding and analyzing the data. It would be better if you support your findings with visual aids that would illustrate the facts in a to a greater extent(prenominal) meaningful form.A gild is a instalment where students, families, back payers and other travelers can stay. The trend of lodge set is very low in Pakistan, the main reason of which is self satisfaction. We are not quite confident as a student to avail the social club readiness at heart the campus. Also the hostel fees, security, direction safety and size are the main factors of not availing the hostel adeptness. These issues happen to take place everywhere but we wanted to recognise the core reasons behind the low trend of hostel mental quickness in Pakistan. We turn in salt outside relevant data via rise anatomyed questionnaires and interviewed some of the students of IoBM.We tabulated and analyzed our data using SPSS software. The results interpret that the students of IoBM are sure of this concept and have the tendency to avail the hostel facility but factors worry financial issues and security of these services not being trustworthy is refraining the students from availing this facility. If the respective(prenominal) improvements are considered then there is a high opportunity for such services to flourish in IoBM in the near future which in ti p over will benefit the academic progress of IoBM.LITERATURE REVIEWA hostel is a low-priced facility where students, families, backpackers and other travelers can stay. But in our research we are only focusing on students to avail this opportunity if provided to them.hostel.jpgThe primary purpose of this research is to identify the most crucial factors that predict undergrad students aim of satisfaction with the student hostels they are living in. This research will also explore the difference in the satisfaction levels of students living in hostels within the campus and the ones who brook in their own houses and homes etc.Based on literature review, our hypothesized will be is there any difference in the satisfaction level between these two mathematical groups of students. This means the ones who will avail this facility and the ones who will not avail this type of facility if provided to them.In our research the most important factor or the keyword would be satisfaction.For e xample Satisfaction with fees, Satisfaction with distance from university facilities, Satisfaction with room safety, Satisfaction with room size, Satisfaction with hostel security, and Satisfaction with hostel facilities are the most important factors which predict undergraduate students.Satisfactions with hostel influencing factorsMany researches have been conducted on the impact of hostels on the life of students among which most of the researches showed a convinced(p) and a far r from each oneing impact on students life. Following are the factors that influence the satisfaction level of students.Academic ChallengesAccording to the precedent researches it has been revealed that most of the students who live at university hostels/boarding schools face many academic challenges. They are very competent because of the living environment provided to them over there. It is also revealed that students that lives at hostels happen 17 hours a week on their home works and academic work w here as other students who lives at their own home or not availing the facilities of hostel spends 8 to 9 hours a week. This is one of the satisfactory factor with which 95% of the students living at hostels are agreed.Time ProductivityTime is a very important factor closely which most of the nation remain curious. As everyone knows that ones the sentence is over it wont come back again. at that placefore spending the sentence productively isnt an easy task. Most of the state keep on trying to manage the time better and productively. Students living at hostel better know most how to spend a time and productively because they have been taught in such a way that it builds sense of responsibility in them. According to the previous researches students live at hostel spend their time equally in extracurricular activities and studies. They spend less time in watching television and computers and spend more in other activities like painting, sports etc.Personal Development indian lo dges play a vital role in shaping the values of the students and ethics. Hostels not only focus on making the student more competent in academics but also focus on the personal development of each student. More specifically they focus on their self-discipline, maturity, self-determination and critical thinking skills. Hostels not only provide accommodation but their objective is to make a student competent in each and every aspect of the life. Therefore this is also a satisfactory factor for most of the students for being the part of the hostels. flight DevelopmentAs students learn how to live independently and how to cope with the particular situation as well as they come to know about stock management as they go through a hard and tough time, they become more career oriented. Hostel life creates such abilities and potential in them because of which when they go into the market for searching jobs the recruiter take them at first hand. Hostel not only provides opportunity to develo p their personal skills and abilities but also helps them for their career.There are many more factors that provide satisfaction to the students lives at hostel but most important of them has been discussed above. These all factors have been taking from the perspective of those students who lives at their university or college hostels not from those who have their own accommodation.INTRODUCTIONThe prime objective of Hostel is to provide the students with the necessary amenities to develop an integrated personality, besides providing a calm and irenic atmosphere for students. The hostel can provide an environment that certainly provides self-confidence and instills discipline in the minds of students. The personal development of students could also be nurtured and supported through living in a community environment. The secondary objective of establishing hostel for students of pioneer of business management is to provide them a interior(a) away from their Home where they can feel some ease and put their ruff in academics. Our research has been divided into two groups of strata. This means the ones who live in Karachi but far away and the ones who live outside Karachi.We have conduct this research through survey and will ask the IoBM students that would they like to avail this facility (if provided) to them or not?RESEARCH METHODOLOGYSamplE designQUOTA TOTALStudents of IoBM At least 60% prospicient-route 100People (students)Students live in Karachi 60% 60Students live outside Karachi 40% 40Our population includes every student who lives in Karachi but little far away from IoBM and as well students who live outside Karachi. No age or gender limit is imposed. However to get a mature result, we would be cigaretteing people above 17 years of age.The above mentioned table shows how we have distributed the total transport users. We have set a quota that our respondents must contain at least 60% of the people who live in Karachi but little far away from IoBM and the remaining population should belong to some other areas of Pakistan. This quota is set because of the fact that they are the ones who are the most frequent users of such type of hostel facilities if provided to them.Because of many factors like time and control of work, we are keeping our sample distribution size small. The total sample size is of 100 respondents. Moreover, we are not dividing the population geographic regions. Therefore, people from every part of the city have the equal participation opportunity.Research designWe selected survey methodology because it is quick and inexpensive. The cost of contacting the respondents is very low and respondents will contact randomly from classes, library, and activity centre of IoBM etc. Person-administered questionnaires were developed which are more accurate than face to face interviews in which many open ended answers would be given.A short and simple questionnaire was designed for this research. As our segment of the target audience includes students from IoBM only.Name and contact number of every respondent is recorded for the back checking of the data. This eliminates the most common tec bias in which the field researchers shop by self filling the questionnaires. We tried to keep things very transparent so that our course instructor or other concern authorities may any time randomly check our data collection efforts. This will eventually increased the credibility of our research findings.Data collectionEvery group member worked as a field worker in carrying out the research. The female group members as well as male group members collected data from boys and girls. We wanted to make sure that there shouldnt be any gender biasness involve in our research. We went and interviewed students from activity centre, library and etc. We tried our best to cover the students who live in all areas of Karachi and as well as outside Karachi.HYPOTHESISNull possibleness Students of IoBM opt the hostel facility.Alt ernative Hypothesis Students of IoBM dont prefer the hostel facility.DATA outlineAll of the questions were close ended except the remarks of the respondents. This made our analysis work much easier. We developed a send off database of all the hundred questionnaires in SPSS software.LimitationsInitially, we thought to target 200 respondents. But then we realized that as the questionnaires are person-administered, so it will increase our time per respondent. That is why we restricted our sample size to 100 respondents.As the research is carried out by a group of six students, limited human pick definitely restricted us from covering a large sample size.This research is compiled under immense time pressure. Some more time index have improved the accuracy of this research.RESEARCH PROPOSALPROBLEMThe problem of the topic is that students who live far away from Korangi get chaotic and tired because of their long routes which tend to affect their performance. The law and order situatio n of Karachi is deteriorating day by day so many a times the students who live far away and in the areas which are not safe have to miss their classes as they are unable to reach university in strikes and calamities.Secondly, the students who live outside Karachi are indecisive to come to IoBM even after getting admission, because of the absence of hostel facility. So IoBM loses valuable students who can add to its prestige.So our research problem is Should there be hostel facility for the students of IoBM.OBJECTIVEThe prime objective of Hostel is to provide the students with the necessary amenities to develop an integrated personality, besides providing a calm and peaceful atmosphere for students.The personal development of students could also be nurtured and supported through living in a community environment.The secondary objective of establishing hostel for students of Institute of business management is to provide them a Home away from their Home where they can feel some ease and put their best in academics. anatomySecondary Data Google search engine, Jstor.com, Springerlink.com, Yahoo search engine.Primary Data Descriptive Survey Research.SAMPLESampling quota At least 80% long-route people (students)Students live in Karachi 60Students live outside Karachi 40 interrogative sentenceNAIRELanguage English only (Because we are targeting only students of Iobm and therefore we dont required multiple languages)No. of Questions 15-18VariablesPositive Impact on Studies (Dependent Variable)Easeful routine (Dependent Variable)Hostel Facility (Independent Variable)Competency (Intervening Variable)Ease of registration (Moderating Variable)PROJECT MANAGEMENTMembers 6 ResearchersAll students of MBR20 questionnaires per researcherScheduling Oct 20, 2010 Secondary data collectionOct 20, 2011 Questionnaire designOct 30, 2010 Sampling Quota settingNov 1, 2010 Survey startingNov 4, 2010 Collection compilation of questionnairesNov 6, 2010 Evaluating (results) studies varia blesNov 17, 2010 Interpretation of results in meaningful forms. beFor QuestionnaireNo. of prints (P) = 100Total Pages (TP) = 200 make up per print page (CP) = 10Photocopy per page (PC) = 1 rupee2(TP) * 10(CP) = 20 rupees198(TP) * 1(PC) = 198Total court = Prints speak to + Photocopy Cost + Travelling CostTotal Cost = 20 + 198 + 150Total Cost of Questionnaires = 368For ReportNo. of prints (P) = 38Cost per plane print = 10Cost per colored print = 15Total colored prints = 20Total plane prints = 17Colored Prints Cost = 20 * 15 = 300Plane prints Cost = 18 * 10 = 180480TOTAL COSTQuestionnaire Cost + Report printing cost368 + 470850 approx.FINDINGS ANALYSISSECTION AGENDER68.9% Male respondents31.1% Female Respondents68.9%31.1%Question 1When asked about the residence of the respondents 40% replied that there permanent residence is outside Karachi and 60% claimed that they are permanent residential of Karachi.QUESTION 2The permanent residential of Karachi are from diversified locations tha t cant be calculated through SPSSQUESTION 3When the respondents were asked about how they come to university in the sense of mode of transport than 61% respondents replied that they come through Universitys own transport (University Van), 30% replied that they prefer their own tape transport to reach IoBM where as only 9% respondents claimed that that use public transport (Buses, Taxi or Rickshaw) to come to IoBMQUESTION 4On request about the time they spent in coming to IoBM 40% respondents claimed that it takes them an hour to reach university, 49% respondents claimed that it takes them 1-2 hours to reach IoBM where as 11% respondents claimed that it takes More than 2 hours to them to reach IoBM.QUESTION 5On asking the question that how many of respondents from the sample of 100 would like to avail Hotel facility if IoBM provides? 41% respondents replied that they wont like to avail such sort of facility but 59% replied in favor of availing such hostel facility if IoBM provides.S ECTION B (Only those people who want to avail Hostel FacilityQUESTION 6Among 59% respondents who want to avail hostel facility, 19.7% replied that hostel facility should be near IoBM whereas 80.3% respondents replied that it should be with in IoBM.QUESTION 763.9% respondents replied that the hostel should be only for students and 1.6% respondents replied that it should be only for faculty where as 34.4% respondents replied that it should be for both Students and FacultyQUESTION 8On asking a question about the sharing of a room,18% respondents replied that there should be separate room for every person, 73.8% replied that 2 persons should share a room where as 8.2% respondents replied that the room should be shared by 4 or more people.QUESTION 9On asking about the attached bath in a room, 82% agree that its essential, 18% replied that it is not essential whereas no one replied in no idea.QUESTION 10On asking about the 24/7 security, 93.4% respondents agreed that its essential, 4.9% r eplied that they dont have any idea about that whereas 1.6% replied that it isnt essential.QUESTION 11On asking about the Wi-Fi facility that should it be there 24/7 83.6% respondents replied that yes its essential that there should be 24/7 Wi-Fi, 8.2% respondents dont have any idea whereas 8.2% of respondents dont feel that its essential.QUESTION 12On asking about the Mess/Caf facility, 93.4% respondents showed there interest that there must be a caf, 3.3% respondents were with no ideas and 3.3% respondents dont feel that its essential.QUESTION 13On asking about the amateurish facilities (i-e, Indoor games, gym and swimming pool), 67.2% respondents says that its essential, 11.5% have no idea where as 21.3% respondents dont feel that its essentialQUESTION 14For knowing the impact of the hostel facility on students a question was asked that will hostel facility be stabilising in providing learning environment, 80.3% respondents said yes its very steadying, 16.4% said that its some what helpful whereas only 3.3% respondents said that it will not really be helpful.QUESTION 15On asking to what extent hostel facility would be helpful to you in extracurricular activities, 49.2% respondents replied that it will be very helpful, 41% replied it would be somewhat helpful whereas 9.8% respondents replied that it wouldnt be really helpful.QUESTION 16On asking about the impact of socializing in hostel facility ,72.1% respondents replied that it will be really helpful for them to socialize, 23% replied that it would be somewhat helpful whereas 4.9% replied that it wouldnt be helpfulQUESTION 17On asking about the saving of travel time and cost due to hostel facility if provided, 83.6% respondents replied that such facility would be very helpful for them to save time and cost, 13.1% replied that they dont have any idea where as 3.3% replied that it wouldnt be that much helpful for them.QUESTION 18On asking that will your parents allow you to live at hostel or avail hostel f acility, 83.6% respondents replied that yes their parents will allow them to avail such sort of facility if provided but 16.4% respondents replied that they are not sure that whether their parents will allow them or not.QUESTION 19On asking the question that what charges are you expecting per month of hostel facility, 63.9% respondents replied that it should cost 5000 per month, 23% replied that it should cost 8000 whereas 13.1% replied that it should cost 10000 per month for such facility.QUESTION 20When a question was asked about the political interference in such sort of facility, 88.5% replied that No there shouldnt be any sort of such interruption whereas 11.5% replied that Yes it should interfere.HYPOTHESIS TESTINGNull Hypothesis Students of IoBM will prefer the hostel facility.One-Sample TestTest Value = 0tdfSig. (2-tailed)Mean Difference95% Confidence Interval of the DifferenceLowerUpperWould you like to avail hostel facility?11.93699.000.590.49.69Alternative Hypothesis Stud ents of IoBM wont prefer the hostel facility.One-Sample StatisticsNMeanStd. DeviationStd. Error MeanWould you like to avail hostel facility?100.59.494.049RESULTSince 0.49 CONCLUSIONFrom this we can conclude the the students of IoBM are free to avail Hostel Facility in slick IoBM provides to them.CONCLUSIONThis research has shown some very enormous facts. Almost 59% of the students of IoBM want the hostel facility and out of those 59%, 80% of the students want to have this facility within the IoBM campus only, with a Wi-Fi facility, low-cost, no political interference, security should be good enough and also with a caf facility.80% of the students said that the hostel facility will be helpful in providing them the learning environment, so that they could concentrate on their studies and should be able to perform well in this competitive environment. astir(predicate) 72% of the students also said that the hostel facility will also help them in socializing with other students and the ir fellow members and as well as with the management also.About 83% of the students responded that the hostel facility will reduce the travelling time and cost, which will eventually help them in giving more time to their studies and extracurricular activities.So, after analyzing all the questionnaires and the respondents answer to those questions, we can easily accept our null hypothesis and can easily conclude that the students of IoBM are willing to avail the hostel facility if IoBM provides it to them.REFERENCESwww.schools.comwww.research.com.auwww.tarsa.edu.auwww.springerlink.comwww.jstor.comwww.wikipedia.com