While conducting the entire research I have gathered innumerable learning experiences that helped me in enhancing the skill and competency level. At the very initial stage I was not very efficient in gathering necessary information from various resources based on which the entire research work can be conducted. Especially the effect of stock exchange and inflation in the chemical industry was a complete new issue for me based on which I made the entire proposal. Before conducting the research I was not aware of the upcoming constraints that I have faced while accomplishing the project. For an example, while interacting with the respondents, I have faced innumerable communication barriers due to language differences. People belonging to different cultural backgrounds and attitudes are associated in a survey procedure and interview method.
Therefore, I initially failed to communicate with them due to linguistic barrier. In this kind of situation, the entire process of work was getting highly affected. However, in order to overcome this particular situation, I decided to develop my communication skill. I got accustomed with both verbal and non-verbal communication. People who are having difficulties in verbal communication could communicate with me in non-verbal communication as well. At the very initial stage I was not very much accustomed with making effective communication skill. On the other hand, throughout the entire study, I got to know on how to accomplish the entire project within a proper estimated time. Therefore, the entire journey of making a research work was very much beneficial for enhancing my knowledge and experience.
I have conducted the research based on the effect of three independent variables, interest rate, inflation and exchange rate on the stock returns of chemical industry in Pakistan. It has already been stated that I have received innumerable learning experience while making the research topic. People belonging to different geographical markets have participated while providing data. I have interacted with them in order to know the reliability of their data. However, while conducting a course based on financial analysis or management I can use this learning experience. This particular research work would be used for enhancing my future career as well. In future I may get an opportunity to conduct the research based on same research issue. At that time, these kinds of data and information may help me for accomplishing the entire project work more systematically. On the other hand, this particular learning experience will help to develop my professional skills and competency. While dealing with the topic of the effect of inflation and exchange rate I have gathered large number of information regarding the impact of inflation on the overall success of a business organization.
On the other hand, while making the research work I have developed my communication skill as well. This kind of communication skill is very much effective for building my future as well. Whenever I would be associated with a business organization I will have to communicate with large number of employees belonging to different cultures and backgrounds. In this kind of situation, this particular skill would help me to interact with every individual person equally. Moreover, while making an effective literature review I have consulted innumerable secondary resources such as journals, books, websites, newspaper, magazine and so many. While collecting those data and resources I have gathered innumerable information that has helped me immensely in enhancing my future career. I have evaluated the impact of inflation in rendering the success of business organization. The opinion of numerous scholars is really important to provide me sufficient information and knowledge. After gathering information of different scholars I have gained my own knowledge and experience on how to make a valid decision. At the same time, I would like to apply those journals while collecting necessary data regarding exchange rate on the stock returns of chemical industry. This particular research work not only builds my knowledge but also would help of develops my personality as well.
In the learning process I have collected some of the valuable lecture notes from the facilitators that helped me immensely for gathering necessary information regarding the research issue. The lecturer has used interactive approach with the help of which I could communicate with the lecturer easily without making any hesitation. Therefore, the entire learning process was two ways. Both the lecturer as well as I equally participated in dealing with the subject matter. As a result, the level of discussion was very much collective. I have also learnt after being associated with a particular business organization that rate of inflation becomes high whenever the demand of goods becomes high in range. In this kind of situation, I have come to know some of the most effective techniques and policies based on which I can gather practical knowledge and experience both. At the very initial stage, I had faced difficulties in communicating with my trainer due to the psychological barrier. As a result I failed to make an effective communication with the lecturer due to linguistic barrier. However, taking an effective training on communication skill is very much effective for me for interacting with the lecturers properly.
In the entire research project, I have learnt on how to deal with the respondents properly. It is undeniable that respondents are from different cultural backgrounds and attitudes. Therefore, while interacting with them I had to face difficulties. In this kind of situation I have learnt on how to maintain a co-ordination with the respondents. In addition, I have learnt the various techniques and policies of collecting accurate data and information. It is undeniable that data collection technique is the systematic procedure with the help of which the researcher intends to gather information from various resources. I have got to know on how to analyze necessary data and information from various authentic sources. However, while conducting the literature review I have collected various points of views from numerous eminent scholars. I have come to know on how to analyze the opinion of several scholars. Therefore, this particular study has focused to deal with the effect of three independent variables, interest rate, inflation and exchange rate on the stock returns of chemical industry in Pakistan. The entire research work has provided me enough information on how inflation has a major impact in the further business progress.
The entire learning process has provided me enough scope and opportunity in dealing with the persons of different geographical boundaries. At the very initial stage I did not have proper skill and knowledge on how to identify research issue and how to conduct the entire research issue systematically. In the learning process I have come to know for making an effective research objective. People from different geographical boundaries are associated within the research work. Therefore, this particular study has helped me to deal with the persons of different psychological backgrounds as well as attitudes. I have enhanced my skills and competencies in gathering data and information regarding the research topic. After being associated within a particular business organization I became flexible in communicating with the people in different languages. This particular learning journey has enhanced my skill and competency level in taking collective decision at the right time. The importance of ethical consideration is undeniable. At the beginning of my journey I did not have clear concept why ethical consideration is important while conducting the research. In order to make a project every practitioner has to maintain a proper value, culture and belief. People belonging to different geographical markets tend to provide data regarding research issue. By maintaining ethical consideration I have learnt that respondents should not be forced for providing necessary data and information regarding the sources.
This learning process can be applied in dealing with another form of research work based on the similar research issue. The effect of three independent variables, interest rate, inflation and exchange rate on the stock returns of chemical industry in Pakistan is the most raising that a large number of practitioners have dealt with. Therefore, while dealing with similar kinds of topic this specific research work will help me immensely in providing necessary data and information. On the other hand, whenever I will join in a specific business organization, my professional skill and competency will help me in dealing with business managers effectively. While conducting the entire research work I have received a training and development session on my communication skill. Communication skill would help me immensely in interacting with the employees of various geographical backgrounds and attitudes. At the same time, respondents are from different psychological backgrounds. These particular psychological backgrounds will help me immensely in taking collective decision at the workplace. As a result, I would help to render the success of business organization. It is undeniable that I had to face immense challenges in gathering necessary information. In this particular reflective journal I have evaluated on how my learning experience would help to develop my personal career.
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