Brand Social Responsibility in the FMCG Sector - Uni Kassel
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Brand Social Responsibility in the FMCG Sector The influence of product-related vs. non-product-related BSR activities on consumer’s purchase intentions Master Thesis Exposé Meike Brunz Kirchweg 25 34121 Kassel University of Kassel Faculty of Economics and Management DMCC – Dialog Marketing Competence Center Prof. Dr. Ralf Wagner Kassel, 17.12.2017
Abstract Title: Brand Social Responsibility in the FMCG Sector: The influence of product-related vs. non-product-related Brand Social Responsibility activities on consumer’s purchase intentions Keywords: Brand Social Responsibility, Consumer Behaviour; Purchase Intention; Fast Moving Consumer Goods Background: Daily news about natural catastrophes and how harmful substances in clothes or food can lead to diseases contributes to an increased awareness of people on what they consume every day. They are becoming increasingly concerned about their well-being and the continuous existence of planet earth. It is therefore important for companies to adapt to these needs and to emphasise how their products contribute to a better living. This so-called Brand Social Responsibility refers to activities that can be either related to the product or independent from the product and consists of legal, ethical or socially responsible behaviour of the brand. Purpose: This study aims at filling a gap concerning Brand Social Responsibility and consumer’s purchase intention. The purpose is to find out if and to what extent product- related or non-product-related Brand Social Responsibility activities have a positive influence on consumer’s purchase intention. This study focuses on three exemplary products of the Fast Moving Consumer goods sector and moreover seeks to analyse whether there are differences between these three products. Method: The influence of product-related and non-product-related Brand Social Responsibility activities on consumer’s purchase intention will be surveyed via an empirical study. A first desk research on existing literature will help developing first concepts and research hypotheses. Then, an online survey will be conducted and displayed on consumers interested in sustainability and those who are not interested in this topic. To gather a sufficient number of participants, the survey will be distributed in online forums, on social media networks and in the personal environment of the author. The collected data will be evaluated using structural equation modelling. II
Table of contents Abstract........................................................................................................................... II Table of contents .......................................................................................................... III List of Abbreviations ....................................................................................................IV List of Tables .................................................................................................................. V 1. Introduction ................................................................................................................. 1 2. Theoretical Framework .............................................................................................. 2 2.1 Brand Management: An Overview ......................................................................... 2 2.2 Corporate Social Responsibility vs. Brand Social Responsibility .......................... 3 2.3 The Fast Moving Consumer Goods Market: An Overview .................................... 5 3. Literature Review ....................................................................................................... 7 4. Research Questions ................................................................................................... 10 5. Methodology .............................................................................................................. 11 5.1 Selection of brands ................................................................................................ 11 5.2 Operationalism ...................................................................................................... 13 5.3 Data Collection ..................................................................................................... 14 6. Work Plan .................................................................................................................. 16 7. Overview of the chapters .......................................................................................... 17 References ......................................................................................................................VI III
List of Abbreviations BSR Brand Social Responsibility CSR Corporate Social Responsibility FMCG Fast Moving Consumer Goods CEO Chief Executive Officer IV
List of Tables Table 1: Turnover fairtrade products in Europe in 2016 .................................................. 6 Table 2: Literature Review ............................................................................................... 7 Table 3: Overview of the brands: Examples of their BSR activities .............................. 12 Table 4: Planned work plan ............................................................................................ 16 V
1. Introduction In its 2017 Globale Lebensmittel- und Getränketrends 2018 report, the market research agency Mintel found out that consumers are increasingly sceptical towards food and beverages. This results in a growing interest in the trustworthiness and security of food and beverages. Consumers require products to be organic, ethical and to not cause environmental damage. More and more companies adapt to these new standards when launching a product or adapt their existing products. These activities can be summarised under the term Brand Social Responsibility (BSR). Brand Social Responsibility consists of the two topics Branding and Corporate Social Responsibility. Whereas Corporate Social Responsibility addresses socially responsible activities that concern the company as a whole, Brand Social Responsibility focuses on creating a socially responsible brand (Grohmann and Bodur, 2015). Brand Social Responsibility has not always been of importance: In 1776, Adam Smith said: “I have never known much good done by those who profess to trade for the public good”. However, these views have changed. In 2016, Fortune 500 companies annually spent over $15 billion on activities that are socially responsible and on corporate philanthropy (Harvard Law School Forum, 2016). It is becoming increasingly important for companies to engage in Corporate Social Responsibility in order to remain relevant and to adapt to the zeitgeist. Among business leaders it is believed that CSR is not only an add-on but an economic imperative in today’s world (Beh, 1994, Murray and Vogel, 1997). In Europe, and especially in Germany, the society is increasingly sensitised for topics such as fair working conditions, recycling and gender equality. People tend to search for a better world with less stress, less fear, but better food and more mindfulness (Kirchof & Nickel, 2014). Thus, CSR activities in companies are no longer seen as something that is optional, but expected. Companies have no longer only have to consider the quality, size or style of their product; now they also have to think about BSR aspects when developing a brand (Werther and Chandler, 2005). This not only has positive effects for the consumers but also for the company itself (Polonsky and Jevons, 2009). Being socially responsible could, amongst others, help improve the company’s financial performance (Johnson, 2003) and the connection with consumers (Porter and Kramer, 1
2002). Moreover, it contributes to the market value (Luo and Bhattacharya, 2006). Especially in the food sector, more and more people tend to be increasingly willing to pay more for products that are organic or produced in a fair way (Ernst & Young, 2007). Although the topic of Corporate Social Responsibility in combination with branding has already been widely discussed, there are no scientific findings whether it is better to communicate product-related BSR activities or non-product-related BSR activities in order to enhance the consumer’s purchase intention. This thesis will investigate this problem on the basis of three products from the Fast Moving Consumer Goods sector. 2. Theoretical Framework 2.1 Brand Management: An Overview The former CEO of Quaker Oats, John Stewart, once said, “If this business were split up, I would give you the land and bricks and mortar, and I would keep the brands and trademarks, and I would fare better than you”. This shows how powerful brands can be and, thus, they have to be managed carefully (Kotler & Armstrong, 2012). The American Marketion Association (2017) defines a brand as a “name, term, design, symbol, or any other feature that identifies one seller’s good or service as distinct from those of other sellers”. Brands can have several meanings which can be divided into six categories according to Kotler and Armstrong (2012): Attributes Brands are connected via attributes, through which the brand defines its position, e.g., Chanel = expensive. Benefits Benefits are the consumers’ reason to buy. This means that the consumers transform the attributes into benefits, e.g., expensive = good. Values Consumers buy brands that represent their own values. Thus, they are looking for brands whose values are conform to their own ones, e.g., Apple, Armed Angels. 2
Cultures Brands can represent the characteristics or values of a certain country, e.g., Harley Davidson = American freedom. Personality Brands might stand for a certain type of person or can be strongly linked to a celebrity or spokesperson, e.g., George Clooney for Nespresso. User Brands can target certain groups of consumers whose beliefs correspond with the values or the personality that the brand represents, e.g., organic food brands such as Whole Foods. Marketers have to align all these categories in order to provide meaning for the brand and to protect it (Meister, 2012). This means that a brand should create a picture in the consumer’s head. This is the so-called brand equity. A brand has positive brand equity when consumers prefer it rather than other unbranded versions of the same product. The brand equity is negative when consumers prefer the unbranded version rather than the branded one. Most important for high brand equity is that the brand has to be relevant for the consumer. This means that the brand has to distinguish itself from other brands, and it has to meet the consumer’s needs. The brand has to stand for a certain promise to deliver specific benefits, services, and experiences to its buyers (Kotler & Armstrong, 2012). For example, Moët stands for luxurious and exclusive champagne whereas Jive promises low prices. Thus, people who buy Moët feel better, richer and more beautiful than buyer of Jive. Part of the promise could be that the brand represents specific values like sustainability. This Brand Social Responsibility is often a mixture of marketing and Corporate Social Responsibility and will be explained in the following chapter. 2.2 Corporate Social Responsibility vs. Brand Social Responsibility There are several definitions of Corporate Social Responsibility. The European Commission defines it as “the responsibility of enterprises for their impact on society”. It is of the opinion that CSR should mainly be promoted by the company. Public authorities should only play a supporting and tangential role (European Commission 2017). There are three areas of Corporate Social Responsibility: Legal Behaviour, Ethical Behaviour and Social Responsibility Behaviour. Legal Companies have to make sure that their employees know and observe the relevant laws (Sullivan, 2009). 3
Ethical Companies should implement a written code of ethics and build a company tradition of ethical behaviour in order to avoid unethical or illegal behaviour like bribery, deceptive advertising or inaccurate labelling. Moreover, they must make sure that their employees comply with these guidelines (Kotler & Keller, 2012). Social Responsibility Consumers are more and more interested in companies’ activities on social and environmental activities. Deciding from which company to buy, invest in, or work for is becoming a crucial factor (Hatch & Schultz, 2008). How difficult it is to build a linear CSR image can be seen on the example of Unilever. Even though the company engages in a lot of social and environmental activities and has implemented an Unilever Sustainable Living Plan (Unilever, 2017), it is facing serious cracks in its CSR façade. The company was accused of exposing its workers to mercury in India in 2016. Moreover, in 2011, Unilever supervisors in Kenya were indicted of harassing their workers sexually. Therefore, Unilever’s attempts to become a sustainable company do not appear to credible anymore to NGO’s (Borelli, 2017). As a result, Brand Social Responsibility is becoming increasingly important. In contrast to Corporate Social Responsibility, it does not concentrate on the company level but develops a socially responsible strategy for the brand. Grohmann and Bodur (2015) state that it differs from CSR in three ways: “(1) consumers are the primary stakeholders, (2) there is a limited transfer of CSR perceptions to the product brand level, and (3) it is based on holistic perceptions rather than dimension-focused evaluations of social responsibility activities.” Moreover, their study implicates that BSR activities have a positive influence on consumers’ brand attitude and purchase intention whereas CSR activities only influence corporate factors (e.g. investment intent or employment intent). A Best Practice example for Brand Social Responsibility could be the shoe brand Toms. The founder of the brand wanted to help children who suffered because they did not own shoes. Thus, he founded Toms and the One for One-strategy. For every pair of Toms shoes bought, another pair of shoes would be donated to poor children. Nowadays, the company also helps people to get eye surgery, to gain access to water and to give birth 4
safely (Toms, 2017). The consumer gets the feeling that he is doing something good when purchasing a pair of shoes. This example shows that companies can use BSR activities as part of their marketing strategy. However, it has to be mentioned that Toms was founded on basis of the BSR strategy. In this thesis, product-related BSR activities include all aspects that are directly linked to the product. This means that these are activities including the manufacturing process, ingredients and the product’s packaging. Non-product-related BSR activities cannot be directly linked to the product. There are many possibilities to engage in a BSR activity that is not directly associated with the product. This could be, e.g., paying fair wages to the workers, supporting a social or environmental cause, and many more. 2.3 The Fast Moving Consumer Goods Market: An Overview Fast Moving Consumer Goods (FMCG) are products that rotate very fast on the store shelves. Therefore, the rotation stands for the speed of sale of a product (WuV, 2017). Typical fast-selling products are consumer goods such as food, body care products or cleaning products which are bought weekly, spontaneously and without long reflection. The products are characterised by relatively low prices and a simple substitution with qualitatively equal products. This distinguishes FMCG products from luxury goods (AGOF, 2009). The products are distributed via classic retailers and drugstores (Statista, 2017). The FMCG market can be subdivided into the following categories (AGOF, 2009): Source: Own representation based on AGOF, 2009. Table 1: FMCG categories Beverages Baby Needs • Non-alcoholic beverages • Beer Pet Needs • Other alcoholic beverages and spirits Detergents and Cleaners Food Decorative Cosmetics and Skin Care • Sweets and salty snacks • Women’s cosmetics 5
• Frozen products and ready meals • Men’s cosmetics • Hair-care products Dairy Products • Personal-care products • Dental-care products The biggest consumer goods manufacturers worldwide are Nestlé (turnover: US-$90,8 bn), Procter & Gamble (turnover: US-$64,9 bn) and Pepsico (turnover: US-$62,8 bn). In Germany, the biggest manufacturers are Henkel (turnover: 18,7 bn €) and Beiersdorf (turnover: 6,7 bn €). It is typical of these companies that they often hide behind their brands. Even though Beiersdorf itself is quite unknown, everybody knows its products like Nivea or Labello (Statista, 2017). Current challenges of the FMCG market are the increasing importance of the retail brands, as well as the saturation of the consumer goods markets in Europe, USA and Japan which leads to shorter product life cycles (Statista, 2017). Concerning sustainability, Germany is the leading country in Europe with a turnover of 1,15 mio. € on fair trade products in 2016. Especially regarding bananas, coffee, sugar and cocoa, consumers are increasingly interested in organic products (Fairtrade International 2016). Source: Own representation based on Fairtrade International, 2016. Table 1: Turnover fairtrade products in Europe in 2016 Turnover fairtrade products in Europe in 2016 1.400,00 1.155,12 1.200,00 1.000,00 800,00 534,96 600,00 400,00 272,51 270 266,87 134 110,2 200,00 31,51 15,04 0,00 Turnover 6
3. Literature Review Table 2: Literature Review Authors, Year Publication Title Main Findings Farooq, O., Journal of Corporate Social In companies with high Aguenaou, S. Applied Responsibility Policy investor interests, CSR & Amor, M.A. Business and Brand Value has a negative effect on (2015) Research brand value Graeff, T.R. Psychology & Consumption Marketers can manage (1997) Marketing Situations and the the congruence Effects of Brand Image between brand image on Consumers’ Brand and self-image by Evaluations promoting various consumption situations Grohmann, B. Journal of Brand Social Shows the difference & Bodur, H.O. Business Ethics Responsibility: between Corporate (2015) Conceptualization, Social Responsibility Measurement, and and Brand Social Outcomes Responsibility He, H., Zhu, European Moral identity BSR and emotional W., Gouran, D. Journal of centrality and cause- brand attachment & Kolo, O. Marketing related marketing: The positively moderate the (2016) moderating effects of relationship between brand social consumer MI centrality responsibility image and the intention to and emotional brand purchase the brand attachment Jin, Y.-J., Park, Social Behavior Effects of Corporate Engaging in CSR does S.-C. & Yoo, and Personality Social Responsibility not always lead to a J.-W. (2017) on Consumer more positive Credibility Perception reputation. However, and Attitude Toward no CSR activities lead Luxury Brands to a more negative perception 7
Luo, X. & Journal of Corporate Social Corporate Social Bhattacharya, Marketing Responsibility, Responsibility can C.B. (2006) Customer Satisfaction, reduce customer and Market Value satisfaction and thus, the market value Nan, X. & Journal of Consumer Responses Regardless of the Heo, K. (2007) Advertising to Corporate Social brand-cause fit, an Responsibility (CSR) advertisement with a Initiatives: Examining CRM message elicits the Role of Brand- more favourable Cause Fit in Cause- consumer attitude Related Marketing towards the company Polonsky, M. International Global branding and Social issue, & Jevons, C. Marketing strategic CSR: an organizational and (2019) Review overview of three types communication of complexity complexity must be considered when developing a CSR strategy for a brand Sen, S. & Journal of Does Doing Good Companies’ CSR Bhattacharya, Marketing Always Lead to Doing initiatives have to be in C.B. (2001) Research Better? Consumer line with consumers’ Reactions to Corporate beliefs on this topic in Social Responsibility order to be successful Singh, J., Journal of Understanding Companies’ Corporate Sanchez, M. & Business Ethics Corporate Social Social Responsibility del Bosque, Responsibility and activities are often not I.R. (2008) Product Perceptions in perceived by the Consumer Markets: A consumer Cross-cultural Evaluation Teusner, S. Gabler Kunden-Hersteller- This study explains (2010) Research Beziehungen unter how the market Berücksichtigung des atmosphere influences 8
Marktklimas – Eine the brand loyalty on the empirische Studie im FMCG sector Bereich Fast Moving Consumer Goods van Rekom, J., Journal of Communicating a Perceived authenticity Go, M.F. & Business company’s positive and fit enhance Calter, D.M. Research impact on society – consumers’ loyalty and (2014) Can plausible stakeholders’ attitudes explanations secure towards the company authenticity? Wong, J.Y. & Management Communicating The paradox between Dhanesh, G.S. Communication Corporate Social luxury and CSR can be (2016) Quarterly Responsibility (CSR) overcome by either a in the Luxury Industry harmonious coexistence of these opposites or a slow convergence 9
4. Research Questions This section illustrates initial drafts for possible research questions. These questions should not be seen as finalised. It might be possible that other research questions come up during further investigation of the theoretical literature that might be more interesting. The hypotheses that are marked in bold are the ones that will be tested. As He et al. (2016) pointed out, especially emotional moderators influence consumers’ perception on CSR activities. The influence was even higher when the emotional brand attachment was high. As especially non-product related BSR activities aim at the consumers’ emotions, it is assumed that they correlate significantly in a more positive way with consumers’ purchase intentions than product-related BSR activities. Ho.1: Non-product-related Brand Social Responsibility activities correlate significantly more positive with consumers’ purchase intentions than product-related Brand Social Responsibility activities. HA.1: Non-product related Brand Social Responsibility activities do not correlate significantly more positive with consumers’ purchase intentions than product-related Brand Social Responsibility activities. It is often believed that the concept of luxury on the one hand and acting in a socially and environmentally responsible way do not fit together (Torelli, Monga & Kaikati, 2012; Wong & Dhanesh, 2016). As not only companies but also consumers might believe this, it is assumed that Brand Social Responsibility is generally regarded as less important for luxury goods than it is for the other two product categories. H0.2: BSR is significantly more important for sustainable brands or love brands than it is for luxury goods. HA.2: BSR is not significantly more important for sustainable brands or love brands than it is for luxury goods. From the paper of kfw Research (2012) on income distribution and education, it can be seen that people with a higher education often also have a higher income and are less likely to be unemployed in Germany. Moreover, they are more interested in a healthy 10
way of life and therefore decide more often to buy healthy food than people with a lower education (Ohr, 1999). As a result, another hypothesis is that people with a higher income are more interested in Brand Social Responsibility as a high income implies a higher education. H0.3: BSR is significantly more important for people with higher income as higher income generally implies a higher education. HA.3: BSR is not significantly more important for people with higher income even though higher income generally implies higher education. What products people buy depends on the situation and the occasion for which they buy them. It is assumed that they choose different products when inviting colleagues than when inviting their friends (Graeff, 1997). Therefore, the hypothesis is proposed that people act differently when they buy the product for someone else. It is assumed that consumers use sustainable products to show that they care about healthy lifestyle and well-being (Kirchof & Nickel 2017). H0.4: Participants that buy the product for someone else are significantly more interested in the BSR of these products than participants who buy products for themselves. HA.4: Participants that buy the product for someone else are not significantly more interested in the BSR of these products than participants who buy products for themselves. 5. Methodology 5.1 Selection of brands In order to examine the influence of product-related BSR activities and non-product- related BSR activities on consumers’ purchase intentions, three products will be presented. As already mentioned above, all three products are supposed to be from the FMCG sector. However, to examine differences, every product should serve a different purpose. Therefore, one product should be an luxury product. Here, Nespresso Intenso was chosen. Nespresso is a coffee brand belonging to the Swiss food corporation Nestlé S.A. which is the leading coffee production company worldwide (VuMA, 2017). The coffee is sold in single-use aluminium capsules, so-called pods. The brand belongs to the 11
premium price segment and is sold globally. The brand fits to the topic, as it promotes the recyclability of its pods and its sustainably cultivated coffee. However, it has often been criticised for the fact that the production of the aluminium is extremely energy- consuming and thus not sustainable. In terms of non-product-related BSR, the brand promotes its collaboration with Rainforest Alliance and the support of their coffee farmers (Nespresso, 2017). Next, Innocent Smoothies was chosen as a brand that advertises its sustainability strategy a lot. The smoothies are promoted as being full of natural ingredients that help living a healthier life and do not harm the environment. Its farmers have to meet certain sustainable standards and it tries to minimise its carbon footprint during the whole production process. That is why it tries to use as much recyclable packaging as possible. Moreover, it founded a foundation to help the world’s hungry (Innocent Drinks, 2017). Lastly, Ritter Sport was chosen to represent a brand people love. The brand is the second favourite chocolate brand in Germany (VuMA 2016). It has the goal to only use sustainable chocolate until 2020. To reach this goal, it has bought 2.500 hectare of land in Nicaragua to cultivate its own sustainable chocolate. Moreover, it wants to reduce its carbon footprint and use recyclable packaging (Ritter Sport, 2017). Table 3: Overview of the brands: Examples of their BSR activities Brand Product-Related BSR Non-product-related BSR -Collaboration with Rainforest - Recyclable packaging Alliance Nespresso - Sustainable coffee - Supporting the coffee farmers - Reduce carbon foodprint - Economic revival of South Sudan as a coffee region - Collaboration with WWF - Recyclable packaging - Help the world’s hungry Innocent - Sustainable ingredients - Treating children suffering from - Reduce carbon footprint malnutrition - Recyclable packaging - Collaboration with Plant-for-the- Ritter Sport - Sustainable chocolate Planet 12
- Reduce carbon footprint - Support volunteer work of their employees - Support the hometown of Ritter Sport 5.2 Operationalism Brand Awareness Brand awareness is the first step to create a picture in the mind of the consumer and, as a next step, to create brand equity (Ebel & Hofer, 2014). Therefore, participants will be asked about their brand awareness of every brand. A 5-point Likert-scale could be used in order to ask the participants how well they know the brand (1=“Not at all” … 5=“Very well”). There are no data on brand awareness of Innocent Smoothies. However, as it is a relatively young brand it is assumed that the brand awareness is high in terms of younger people up to 30 years. There is no accessible information on the brand awareness of Nespresso in Germany. However, as Nespresso ranks as the most popular brand for coffee capsules (Statista 2017), it can be assumed that the brand awareness is quite high. According to a market research of WuV (2011), Ritter Sport is the chocolate brand with the highest brand awareness in Germany. Interest in Brand Social Responsibility Issues As Brand Social Responsibility is a rather specific and broad term, it will be subdivided into three areas: Legal Behaviour, Ethical Behaviour and Social Responsibility Behaviour in this thesis. Therefore, participants can rate their interest in each of these categories on a 5-point Likert-scale from 1=”Not interested at all” to 5=”Very interested”. A few examples for each category are given, as the umbrella term could be rather abstract. Brand Purchase Intention Furthermore, a 5-point Likert-scale will be used to query the brand purchase intention of the participants (1=”I would not buy this brand at all.” to 5=”I am very interested in buying this brand.”). Moreover, another question will be used to ask the participants whether they would buy the brand for themselves or for someone else. 13
Product-related vs. Non-product-related BSR Activities To assess if and to what extent product-related or non-product-related Brand Social Responsibility activities have a positive influence on consumer’s purchase intentions, the criteria will be presented on a 5-point Likert scale. Thus, participants can choose how important each criterion is for them for each brand ranging from 1=”Not important at all” to 5=”Very important”. In addition to the BSR activities, in which the three brands engage in, purchase criteria like “Price”, “Brand” and “Taste” will be added to measure whether the BSR activities rank higher or lower. Willingness to Pay Lastly, it will be tested whether participants are willing to pay more for socially responsible products. A Nielsen survey from 2014 states that over 50% of global online consumers are willing to pay more for products that are provided by companies that act in an ethical way. Therefore, it will be examined in general whether participants are willing to pay more and specifically how much more in percentages. For this, they have the possibility to give a free answer, lest they will be influenced by different options. 5.3 Data Collection In order to answer the research questions, an Internet-based quantitative survey will be designed. The survey could be uploaded on SoSci Survey, a free service for academic and non-commercial purposes without functionality restrictions. Another advantage of this service is the possibility to implement filter questions and to export the data in SPSS readable files. To examine the comprehensibility of the survey a pre-test will be conducted. The pre-test should also examine the suitability of the three brands in relation to Brand Social Responsibility. The obligatory question for sustainability affinity is asked at the beginning of the survey. Moreover, the general brand affinity of the participants is queried. Questions for gender, age and income will be included to get an impression of the sample and to investigate possible gender or income effects and age tendencies. As people often do not like to reveal their monthly income, this question will be asked at the end of the survey and by means of income groups (e.g. 0-500€, 500-1.500€…). It is aspired to reach a total amount of at 14
least 200 participants. To reach this number, three weeks are calculated for the data acquisition. An additional week is included in the Work Plan in case the number of participants is insufficient. To acquire the necessary number of participants, social media platforms, mailing lists, as well as personal contacts could be used. An English version of the survey is not planned up to now, as different brand awareness and cultural backgrounds in different countries might bias the results. It is planned to include a raffle of different REWE vouchers to encourage the participation. It should take around ten minutes to answer the questionnaire. This time should be sufficient, as lengthy surveys are regarded as being demotivating and lead to an increased breakup rate. Lastly, a statistical structural equation model programme like SPSS or R will be used to analyse the collected data. Initially, participants that have not answered seriously, (which can be worked out by unusual answer patterns) will be eliminated from the data pool. Afterwards, statistical tests can be conducted in order to answer the research questions. 15
6. Work Plan Table 4: Planned work plan Period Activity Description Definition of the topic, literature 01.11.17 – 31.12.17 Exposé review and theoretical framework Designing the survey and 01.01.18 – 14.02.18 Research Design implementing it in a suitable software 15.02.18 – 14.03.18 Field Research Running the survey Analysing the data collected 15.03.18 – 30.04.18 Analysis of the results from the survey Conclusions and final Drawing conclusions and 01.05.18 – 31.05.18 revision revising the entire work 16
7. Overview of the chapters 1. Introduction…………………………………………………………………………….. 2. Theoretical Background………………………………………………………………... 2.1 Brand Management ……………………………………………………...….... 2.2 Corporate vs. Brand Social Responsibility…………………………………… 2.3 The Fast Moving Consumer Goods Market…………………………………… 3. Hypotheses……………………………………………………………………………... 4. Methodology…………………………………………………………………………… 4.1 Experimental Framework……………………………………………………... 4.1.1 Constructs and Operationalism……………………………………… 4.1.2 Pre-Test……………………………………………………............... 4.1.3 Survey……………………………………………………................. 4.2 Analysis……………………………………………………………………….. 4.2.1 Pre-Test Sample Audit……………………………………………… 4.2.2 Sample Audit………………………………………………………... 4.2.3 Construct Verification……………………………………………… 5. Results………………………………………………………………………………….. 6. Discussion……………………………………………………………………………… 6.1 Summary and Interpretation………………………………………………….. 6.2 Limitations……………………………………………………………………. 6.3 Outlook……………………………………………………………………….. 17
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