Primary Research: Business Insights Uncovered

BusinessYear 1110 slidesNew Zealand curriculum
Primary Research: Business Insights Uncovered

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Primary Research: Business Insights Uncovered
Slide 1

Primary Research: Business Insights Uncovered

Year 11 Business Studies Understanding Primary Research Methods 60-minute lesson

WALT - We Are Learning To
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WALT - We Are Learning To

Understand the purpose and role of primary research in business decision-making Conduct a simple primary research activity collaboratively Analyse and communicate research findings effectively

Success Criteria
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Success Criteria

Explain what primary research is and why it's important in business Work effectively in pairs to design and conduct primary research Collect data using survey or interview techniques Present findings through oral or visual formats

What Do You Think?
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What Do You Think?

Why might a New Zealand business want to collect its own data instead of using existing information? Think about local businesses you know - what might they want to research?

What is Primary Research?
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What is Primary Research?

Data collected directly by the business for their specific needs First-hand information gathered through direct contact with people Examples: surveys, interviews, focus groups, observations Different from secondary research (using existing data from others)

Primary Research Methods in NZ Business
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Primary Research Methods in NZ Business

{"left":"Surveys - Written or online questionnaires to gather opinions and preferences\nInterviews - One-on-one conversations for detailed insights","right":"Focus Groups - Small group discussions about products or services\nObservations - Watching customer behavior in natural settings"}

Collaborative Research Activity
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Collaborative Research Activity

Work in pairs to design a 3-5 question survey Topic: Student spending habits or pricing preferences Conduct your survey with 5-10 other students or staff Record all responses clearly on your worksheet Time limit: 25 minutes

Analyzing Your Data
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Analyzing Your Data

Count and tally your responses Look for patterns - what answers were most common? Calculate simple percentages if possible Consider creating a bar graph or pie chart to show results Think about what your findings tell you

Present Your Findings
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Present Your Findings

Each pair shares their research results with the class Choose: oral presentation OR visual chart presentation Explain what you discovered and what it might mean for a business Extension: Suggest business actions based on your findings

Key Takeaway
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Key Takeaway

Primary research gives businesses direct insights from their actual customers, helping them make better decisions about products, services, and pricing.