Research - Essay Example

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Critical Analysis of Research Sources Introduction In order to investigate a hidden aspect of a real life situation, there is a need of some intensive and in-depth research. The prime motive of any research work is to retrieve authentic and applicable results of the research work…
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Download file to see previous pages In this respect, it is quite essential to reassess all the data collection sources, which the researcher wants to incorporate in his research work. There are several different types of data collection sources which are directed to reveal different type of information related with the research context. I have used primary and secondary data collection mythologies in the research. For using such methods, it is quite crucial for me to reveal merits and demerits of different types of data sources and align them with his objectives of the research so that the work related to the current research can be performed and conducted in the most efficient and effective manner. The presented paper is aimed to reveal the importance and effectiveness of different research methods taken into account for the purpose of undertaking a competent research work on the topic, i.e. ‘the risk management strategy of HSBC and Barclays’. This research topic is selected for the research work as it is a comprehensive research topic, which contains some crucial and effective insights into risk management theories and practices undertaken by different business organizations. However, the span of this research topic is so comprehensive that different types of data collection sources seem to be in need. ...
These two methods are relevant Internet sources and review of 'hard copy' books and journals. In addition to this, with the help of measure of reviewing 'hard copy' books and journals, an intensive library research has been conducted, in which different books and journal articles available in the library in hard copy have been reviewed. These both methods have been used for the purpose of extracting some secondary type of information. A secondary type of information can be said to be the information which has already been gathered and collected and used by previous scholars in their research work. A brief discussion regarding these two different data collection methods and their usability and applicability are presented as below: Critical Analysis of Secondary Sources for Data Collection The first and foremost method undertaken by me for collecting data regarding operational policies of both banks is Internet. In this method, the website of both banks, their annual reports and other online available sources have been taken into account for the purpose of collecting information regarding differences and similarities between risk management strategies of both banks. This method used in the research work has been proved quite helpful for retrieving the desired information. Internet is a vast source of information through which different types of information can be retrieved without investing significant amount of time and efforts. This research work based on the usage of Internet sources was quite efficient as the research problem can be resolved by retrieving some of internal information related with bank’s policies and operations. The internet search has been done for this purpose as this is the place where interviews ...Download file to see next pagesRead More
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