MBP
MBP
MBP
1. Initiation
Steps for the project initiation phase may include the following:
- Identifying scope: This project will be conducted in Vietnam, with the goal of
interviewing a minimum of two owners or founders of F&B businesses and
twenty potential customers.
2. Planning
The Project Lifecycle (PLC) planning phase is pivotal for laying the foundation
of a successful and impactful endeavor, such as "How to start up a socially
responsible company: Corporate social responsibility in the coffee industry for
sustainability and competitive advantage." A meticulously crafted plan serves as
a strategic roadmap, intricately guiding the process of launching a business that
emphasizes both social responsibility and environmental sustainability within
the coffee industry.
In the project execution phase, several key steps are essential for success:
Tasks and Workflow Organization: Meticulous planning and organization of
tasks and workflows are crucial during this stage. Breaking down the project
into manageable tasks, assigning responsibilities, setting objectives, and
establishing timelines ensure efficient progress. Effective task management and
workflow organization facilitate timely and high-quality deliverables,
minimizing errors and maintaining stakeholder satisfaction. Enhanced
communication and collaboration fostered by organized workflows lead to
improved productivity and outcomes.
4. Closure
Accounting for used and unused budget: Ultimately, accounting for both
utilized and unused budgetary resources is imperative for maintaining financial
transparency and effectively allocating resources. This process entails
reconciling the actual expenditures incurred during the project with the initially
allocated budget, thereby identifying any surplus or deficit. Such meticulous
financial tracking ensures accountability and informs decision-making for future
resource allocation endeavors.
A. Secondary research:
Strengths:
- Accessibility: With the development of the internet, finding data has become
more accessible.
Weaknesses:
- Relevance: The data might not completely align with the current research
goals since it was gathered for alternative purposes.
1. Literature review:
Strengths:
4. Quality and Credibility of Sources: The review may include studies with
varying levels of rigor and credibility, leading to the incorporation of flawed or
biased research.
B. Primary research:
Strengths:
Weaknesses:
Strength:
Weakness:
Insight into CSR Practices: Interviews offer a direct line of inquiry into the
CSR initiatives adopted by coffee companies. Through discussions with key
stakeholders, ranging from coffee producers to distributors and consumers,
interviews unveil the intricacies of CSR strategies, including environmental
sustainability efforts, fair trade practices, and community engagement
initiatives.
Survey:
Definition of Survey:
Strengths:
Weaknesses:
Low Response Rates: Surveys may suffer from low response rates, especially
if respondents perceive them as time-consuming or irrelevant.
Subsequently, the next step involves collecting primary data through interviews
or surveys with key stakeholders in the coffee sector. These engagements offer
firsthand insights into current CSR strategies, challenges, successful
approaches, and stakeholder expectations within the coffee industry.
By integrating these findings with the literature review, the researcher can draw
conclusions and formulate tailored recommendations for developing effective
CSR strategies for coffee companies aiming to establish sustainability and gain
a competitive advantage.
4. Quality:
Secondary research:
Primary research:
5. Risks:
6. Communication:
Formal communication:
Informal communication:
Research outcomes will be shared through various platforms, including
blogs, social media channels, and potentially YouTube videos.
7. Resources:
8. Research methods:
To explore CSR in the coffee industry, the researcher will utilize a combination
of secondary methods such as literature reviews and case studies, along with
primary methods including interviews and surveys. Secondary research will
offer a theoretical foundation and real-world examples, while primary research
will provide direct insights from industry stakeholders. This integrated approach
will enable the researcher to gain a comprehensive understanding of CSR
practices within the coffee industry, facilitating the development of sustainable
and competitive strategies for socially responsible coffee companies.
1 2 3 4 5
□ Other:
4. Are you willing to pay a higher amount for coffee products from
businesses committed to social responsibility and sustainability?
〇 Under 10%
〇 10-20%
〇 Over 20%
〇 Other:
5. In your opinion, what benefits will a coffee business gain from having a
strong CSR strategy?
6. Do you have a desire to learn about the origin and production process of
products in the coffee industry?
〇 Other:
1 2 3 4 5
〇 Other:
〇 Other:
□ Participating in events/seminars
□ Other:
https://www.emerald.com/insight/content/doi/10.1108/BIJ-09-2020-0469/
full/html
https://koreascience.kr/article/JAKO202217458116632.page
https://onlinelibrary.wiley.com/doi/full/10.1002/bse.2596
https://stud.epsilon.slu.se/16883/
Articles from the last 5 years, with information updated each year. Make sure
that high article information reflects the situation of the coffee industry.
V. Work breakdown structure and a schedule to provide timeframes and
stages for completing the aims and objectives of the project. (P5, ½ M3)