Professional Documents
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STUDENT DETAILS
ASSIGNMENT DETAILS
DECLARATION
I hold a copy of this assignment if the original is lost or damaged.
I hereby certify that no part of this assignment or product has been copied from any other student’s work
or from any other source except where due acknowledgement is made in the assignment.
I hereby certify that no part of this assignment or product has been submitted by me in another
(previous or current) assessment, except where appropriately referenced, and with prior permission
from the Lecturer / Tutor / Unit Coordinator for this unit.
No part of the assignment/product has been written/ produced for me by any other person except
where collaboration has been authorised by the Lecturer / Tutor /Unit Coordinator concerned.
I am aware that this work may be reproduced and submitted to plagiarism detection software programs for
the purpose of detecting possible plagiarism (which may retain a copy on its database for future
plagiarism checking).
V. Research Design
a) Information Coverage
- Secondary data:
For easily accessible, inexpensive and quickly obtained data, secondary research is
carried out first. Information about the company’s sales, products, growth rate, etc., will
be provided by L’Oreal’s annual report and its official website. We may infer from these
numbers and figures to know whether finance and management state of the company is
healthy enough to invest time and money in this new product.
To make decision, it’s vital to get a macro view on cosmetics market, sources such
as Nielsen, Younetmedia, Buzzmetrics, books and magazines will supply data on
Vietnamese general cosmetics industry - shopping trends, makeup trends, consumer
behavior, buying patterns, etc.,. Information on L’Oreal’s competitors such as Nivea,
Revlon, Estee Lauder, etc., is accessed from their websites.
- Primary data:
Owning the advantage for its flexible, convenient and efficient characteristic,
Electronic method, specifically, the Internet is used to conduct the survey. The
questionnaire is going to be made on Google form with 20 to 30 questions, then we will
send the link to appropriate respondents. The survey may take 15 minutes to complete.
Results are displayed in form of graphs, charts and table and are later analyzed.