Interview Interview as a technique of data collection is very popular and

Interview interview as a technique of data collection

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Interview Interview as a technique of data collection is very popular and extensively used in every field of social research. The interview is, in a sense, an oral questionnaire. Instead of writing the response, the interviewee or subject gives the needed information verbally in a face-to-face relationship. The dynamics of interviewing, however, involves much more than an oral questionnaire. Interview is relatively more flexible tool than any written inquiry form and permits explanation, adjustment and variation according to the situation. Observation Observation method has occupied an important place in descriptive sociological research. It is the most significant and common technique of data collection. Analysis of questionnaire responses is concerned with what people think and do as revealed by what they put on paper. The responses in interview are revealed by what people express in conversation with the interviewer. Observation seeks to ascertain what people think and do by watching them in action as they express themselves in various situations and activities. It is the process in which one or more persons observe what is occurring in some real-life situation and they classify and record pertinent happenings according to some planned schemes.
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Stakeholders Define Stakeholder In business, a stakeholder is any individual, group, or party that has an interest in an organization and the outcomes of its actions. Common examples of stakeholders included employees, customers, suppliers, etc. Different stakeholders have different interests, and companies often face tradeoffs when trying to please all of them. Types of Stakeholders 1. Customers Stake: Product/service quality and value Many would argue that businesses exist to serve their customers. Customers are stakeholders of a business in that they are impacted by the quality of service and its value. For example, passengers travelling on an airplane literally have their lives in the company’s hands while flying with the airline. 2. Employees Stake: Employment income and safety Employees have a direct stake in the company in that they earn an income to support themselves, as well as other benefits (both monetary and non-monetary). Depending on the nature of the business, employees may also have a health and safety interest (for example, transportation, mining, oil and gas, construction, etc.). 3. Investors Stake: Financial returns Investors include both shareholders and debtholders. Shareholders invest capital in the business and expect to earn a certain rate of return on that capital. Investors are commonly concerned with the concept of shareholder value. Lumped in with this group are all other providers of capital, such as lenders and different classes of shareholders. 4. Suppliers and vendors Stake: Revenues and safety Suppliers and vendors sell goods and/or services to the business and rely on it for revenue generation and on-going business. In many industries, the suppliers also have their health and safety on the line, as they may be directly involved in the company’s operations.
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  • Fall '19
  • Computer network, Computer data storage, Network monitoring

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