Managing Financial Resources and Decisions

Answer :

Research Methodology

It is termed as most significant section of an investigation that affects appropriateness of research outcomes. This section of a research helps researcher in collection of wide range of data with an appropriate manner for attainment of objectives and goals of investigation. For developing of reliable research methodology, investigator is carried out detail evaluation of different concepts and theories with reference to different aspects of investigation (Jackson, 2010). In this context, the primary objective of research methodology is to assess appropriate research outcomes by applying wide range of scientific procedures and knowledge. In the present research work, different elements of research methodology have been selected with reference to aim of research in which research tries to assess different factors of hospitality industry that motivate an individual to build career in hotel management. 

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Research Type

It is considered as most important element that assists researcher in selection of various other approaches for particular. So we are focusing on different factors of hospitality assignment help to influence an individual to build their career. Therefore, wide range of data is collected related to motivational factor of hotel sector that determines qualitative nature of investigation (Brace, 2006). In this context, qualitative research method is termed as most effective research type for evaluation of wide range of data based on current trends in hospitality along with their impact on the career decisions of an individual for attainment of long term and short term career objectives. The present is evaluating human nature of qualitative approach helps investigator in analysis of different aspects of human behaviour. In the contrary, quantitative research is useful when a research is carried with reference to certain statistical data, figures as well as financial data. Therefore, this method of investigation is not reliable in the context of present research work. 

Research Design

It determines certain set of activities and procedures through which objectives of investigation can be achieved. For different studies, an investigator follows wide range of research design such as descriptive, exploratory and casual- comparative with reference to research goals (Ireland, Webb and Coombs, 2005). By focusing current research objective, descriptive research design has been selected by investigator to depict the information from participants in an accurate way. The reason behind selection of descriptive research design is that this term has found very effective in evaluation of various motivator factors and positive aspects of hospitality business that encourage an individual to build career in hospitality business.  In the contrary, the exploratory research design is not useful for present research because it provides appropriate outcomes in a particular investigation which is based on statistical data and certain evidence (Bryman and Bell, 2013). But, the present research work is answering the questions how hospitality industry attracts individual for career developm

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