budget reports which are developed using Microsoft Excel as well as other types of digital documents. The
second method will be using filing cabinets. Filling cabinets as a method of storage will come in handy with
the presence of hard copy documents or information. In our case, the hard copy sources of information will
include the printed version of the quotations, hard copies of minutes and budget, and the printed version
of all the information that is gathered from the website.
Identify what information you will require to provide to the CEO and Board of
Directors to allow them to decide.
The objective of the executive managers of the Bounce Fitness in including me in the research was as
follows. The main reason was to research the availability of poly tanks, the types of available poly tanks as
well as the available poly tanks. After identifying the available poly tank, the other purpose of the research
was to decide on which of the poly tanks that were available in the market were best suited to be installed
and used in Bounce Fitness centres. The third objective was to determine the overall budget that will be
used in terms of purchasing the poly tanks as the products. Finally, the research was used to demonstrate
the environmental consideration through which the installation of the water supply tanks at all four centres
with the aim of saving watering using garden care. It must be noted that the information gathered or
rather the data collected during the research met the requirement of the set objectives. In addition, it
could be useful to the management in terms of making the decision based on the type of water tanks to be
acquired and installed at each of the four centres operated by Bounce Fitness.
The research strategy that was used to collect the data was through observation. As the researchers, we
observed the data which was readily available at the online website store before compiling into a single
report that could be read and understood by the stakeholders. The data that we collect through online
research is valid and meet the viability requirement. This is because the information as obtained from My
Shopping online website as presented without any form of alteration. In addition, there was the printed
version of the data collected used as verification and proof of validity. Using the hard copy printed version
of the data, it was easy to prove that the data was correct and valid as per the website. The website is
known to use information from valid, credible, and reliable sources as well as well-known businesses.
To get the most suitable information, we could not search randomly online but were used a set of key
worlds to narrow down on the specific information we needed. We understood the search for poly water
tanks would yield a lot of research that was unnecessary. While searching the information online, we used
key search terms such as “5000 L water poly tank” in the “My Shopping” online website. Based on the
restrictive search term used, we only focused on tanks that were 5000L in capacity. However, we found
different kinds of poly tanks that were available as well as the specifications such as the delivery cost, price
of each water tank, along with the maximum capacity of the water tank.