Data Collection Methods

Data Collection

• Data collection involves gathering useful information through research tools for analysis.
• Gathering data helps to understand the attitudes and preferences of the target audience.
• It's knowing the permanent and evolving perception of an object or phenomenon.
• Accurate data interpretation reveals customers' preferences precisely.

Key Concepts

• Hypothesis: A supposition made after initial analysis, tested to reach a conclusion.
• Variable: A factor that can change when applied to different individuals in a study.
• Establish all important elements with thorough details.

Data Collection Details

• Data is collected from chosen samples, which is like measuring.
• Elements include measuring variable fluctuations in the hypothesis.
• Measure by recording visible values representing variables, which are linked to numerical items.
• Use available instruments, like questionnaires, attitude scales, or direct observation for measurement.
• Apply techniques through self-administration, personal interviews, or direct observation.

Steps to Determine Statistical Sample Size

• Identify universe with the greatest detail.
• Identify margin of error that will be tolerated on survey.
• Identify level of confidence sought from the investigation.

Common Errors in Data Collection

• Incorrect or fabricated data are the most common errors.
• Other errors include poorly worded questions.
• Poorly selected sample sizes can also result in errors.
• Conducting surveys in inappropriate locations is another source of error.
• Administering research to individuals with preconceived criteria, lacking objectivity, causes errors.
• Errors also arise from unanswered or ambiguously answered questions.
• Including unreturned surveys in the final conclusions is an error.
• Sample sizes should be chosen with statistical and mathematical expertise.

Field Research Report Details

• Data should be concisely presented in a report that includes an executive summary.
• The report should include the research objective, background, survey design, application, and sample size.
• A summary of the data, conclusions, recommendations, and necessary appendices should be included.
• The report can be oral or written, emphasis on completeness, objectivity, and effectiveness.
• An executive summary that is up to two pages long with a clear overview of the conclusions.

Social Entrepreneurship: Overview

• Involves creating ventures with a positive societal impact.
• Shifts from individual to community-focused ventures.
• Benefit should be for the community.
• Encompasses aspects like social, cultural, political and environmental.
• Aims to generate employment to improve beneficiaries' quality of life or resolves community problems.

Characteristics of Social Entrepreneurship

• Aims to solve community problems.
• Elevates quality of life through job creation.
• Economic benefits are shared by all.
• Beneficiaries are the community as a whole.
• For example providing potable water to a community via communal labor.
• Other examples include TECHO PARA MI PAÍS, it builds houses for people with limited resources.

Social Entrepreneurship examples

• Community-based tourism engages tourists in community activities, boosting the local economy.
• Sports initiatives promote family time and personal growth, benefiting the entire community.
• Cultural ventures promote traditions.
• Environmental initiatives prioritize recycling, benefiting everyone involved.
• Community ventures where overall community does an activity with profit going to the community.
• Effective social ventures address core community problems in a manner that can be sustained in the long-term.

Introduction to Descriptive Statistics

• Descriptive statistics aids analysis and evaluation of market information.
• It is used to help orient future business ventures.
• Statistics uses data to estimate future behavior.
• It is presenting numerical data using tables, charts, and tools to present data electronically.
• Statistical data helps organizes and assess figures related to customer, suppliers, and competitors.
• Involves data tabulation, grouping, charting, and interpretation for informed choices known as descriptive statistics.

Data Processing Steps

• Tabulation involves encoding and transcribing data into a tool for comprehension and analysis.
• The next step is to categorize data based on common traits, such as regions, answers, or type of response.
• Results should be obtained, like sums, trend measures, and percentages.
• Use graphic representations to make analysis easier.

Interpretation and Conclusion

• Interpreting results enables sound decisions for ventures, with technical expertise transforming data into concrete actions.
• Though useful, stats are not definite truths because the data is always subject to change.
• Interpretation involves discovering patterns, identifying categories, and determining generalities.
• The process of turning data into info and coming to conclusions demand careful thought
• Deliberation among those steering the project can be augmented by seasoned counsel.

Description of Entrepreneurship

• Defining an idea and the activity it will focus on.
• The following should be included in the investment project: Problem statement, activity/type of business, goals/beneficiaries, needs met.

Describing Problems

• For a venture to seem viable, it needs to present a problem it intends to take on.
• ventures with social initiatives should look to solve issues in their community or clientele.
• A problem statement describes the precise issue an initiative plans to address.
• For example, if a cultural venture aims to reinvigorate heritage in an specific area.
• The introduction of technology to youths results in them losing touch with ancestral heritage.
• The community suffers as key knowledge has not been passed properly resulting in a loss of cultural identity.

Business Activity Breakdown

• Entrepreneur writes the main focus of venture based on addressed problems.
• Section includes business name, must be brief, memorable, and represent what the business is about.
• Remember that business has long term duration in the market and it will be known by that name.

Questions to ask

• What goods/services does the venture offer?
• Who will the venture’s main customers be?
• Where will the venture act?
• What resources will be used to do the activities?
• What traits will the workers have.

Evaluation of the following social aspects

• Social evaluation assesses enhancement of the beneficiaries' quality of life.
• For example, a new library intends to boost education within the student body.
• Variables to gauge impact include education levels, occupation, unemployment rates, and literacy.
• Assigning a social goal becomes fundamental.

Problems on evaluating social problems

• One must analyze challenges that affect a community: basic service needs.
• Insufficient internet availability can be an issue to address.
• The environmental effects of local business is often overlooked.
• A lack of care for pets negatively impacts a community.
• Other problems include Insecurity in the community, school truancy/university drop-out, disagreements, lack of collection centers, and informal work.
• Many social needs can be addressed with entrepreneurship.

Key Questions to Evaluate Societies

• Set social goals to be measured and assessed to gauge the community impact.
• The questions include: is there a societal goal? Will the community situation get better?
• Will the grade of life be elevated. How? Is there employment created?
• What social problem are you aiming to fix.
• Will more talent and skill be born from this venture?

Factors for success

• Design a proper organizational structure including salary
• The WHO determined that salary as well as work hours/organization and the size of the company all factor into risks.
• There are many psychological, like social risks too.
• Social factors can result in stress and lack of sleep which leads to cardio issues.

Managing the Risks

• Recent studies demonstrate that there are a number of factors that could make the social burden harder.
• These aspects are both knowing or predicting
• There is also a lack of control and means to release those inhibitions.
• You have to display trust and have a network.
• Commit and stay involved.

Physical Overloads

• Physical hardiness is just as important and some jobs can be too much with respect to lifting.
• Working positions are dangerous too.
• To lift a load follow this steps. Support foot, split legs roughly 50cm.
• Fold area. Get as close as possible keep body close to even.
• Keep head level.

Health in the work place is fundamental.

• Preventives measures from authorities are also a consideration.
• Safety is key too as it has a direct bearing.

First Aid: Objectives and Basic Steps

• The main goal of first aid is to prevent the issues from escalating, you need prepared people to help out.
• If you are the one who is around and you witness the issues. Always have a plan to get help.
• Key components such as fire extinction matter too.

Emergency Measures

• Accident Evaluation is key, avoid bigger issues get the accident plan active.
• Evaluate the injuries. Touch them. Feel them. Smell them.
• In most cases the issues are light cuts.

Wounds are difficult, treat them

• Leves are just skin level injuries. Make sure it's visible and not polluted.
• Big Issues need to go to urgent care.
• Stop blood. Make that area as clean.
• Keep from spreading. Make some stops to get it down. Take the pressure up.
• Be careful with water chemicals can hurt you.