IRLP412 - Safeguard Stokvel Savings - Case Study - Management Assignment Help

Assignment Task

Safeguard stokvel savings The police offer advice on how to safeguard stokvel savings. STOKVEL clubs are urged to be crime aware ahead of the festive season.

Col Thembeka Mbhele from provincial SAPS, said stokvel related robberies and thefts are most prevalent around this time of the year. “We urge stokvel clubs to be proactive and adopt reasonable measures to safeguard their money,” she said.

Mbhele said instead of withdrawing large amounts of cash from the banks to pay out money to members, clubs should transfer the money into individual bank accounts. Those members who do not have bank accounts should be encouraged to open them. “Clubs that have to pay cash to their members, a practice which is inadvisable, should ensure that they have a secure venue with adequate safety measures in place when dividing and paying members their share of the year’s savings. Stokvel clubs can also request their local police to patrol the vicinity of the venue where they are to make payments to their members as this would deter criminal elements,” said Mbhele.

Section A
Question 1
Indicate how research questions are different from interview/questionnaire questions.

Question 2
Describe semi-structured interviews by referring to the procedure, advantages and disadvantages.

Question 3
The validity of an instrument such as a questionnaire, refers to the extent to which it measures what it is supposed to measure. Discuss the following types of validity: face
validity and content validity.

Section B
Question 4
Instruction:
Read the article ‘Safeguard stokvel savings’ on page () numbered () of the Examination reading. After reading the article, you are requested to conduct quantitative research to explore stokvel savings in terms of crime risks and safeguarding. Your respondents are stokvel members. From the above instruction and background answer the following questions:
4.1 Formulate a suitable topic (title) for your research.
4.2 Complete the following sentence: The purpose of my research is....
4.3 Formulate the primary research question for your study.
4.4 Formulate two secondary research questions. (These questions should be researchable on its own, separately from the primary research question).
4.5 Describe the snowball sampling method as the method you want to use and explain how you would apply it in the selection of 300 respondents.

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