OBJECTIVES OF RESEARCH: The principal objective of research it to find solutions toproblems in a systematic way.

In general, the objectives of research can be specified as: To acquire familiarity with a phenomenon. To study the frequency of connection or independence of any activity or occurrence. To determine the characteristics of an individual or a group of activities and the frequencyof the occurrence of these activities. To test a hypothesis about a causal relationship that exists between variables.The first step in research is setting the objectives for which their study is to be undertaken.It is essential that objectives are set before hand. The objectives must be hierarchical,quantifiable, realistic and verifiable.The main objective of this study is to study how the employees value for rewards andrecognition (non-monetary rewards) in Tata Consultant. Period of study: The time period was three months for the study, starting from January to March _ _ _ _. DataUsed: The type of data collected comprises of Primary data and Secondary data.Primary data is the first hand data collected from the employees. It was collected throughquestionnaire.Secondary data for the study has been compiled from the reports and official publication of the organization, which have been helped in getting an insight of the present scenarioexisting in the operation of the company. Method and Research DesignPURPOSE The method section answers these two main questions:1. How was the data collected or generated?2. How was it analyzed?In other words, it shows your reader how you obtained your results.But why do you need to explain how you obtained your results?We need to know how the data was obtained because the method affects the results. Forinstance, if you are investigating users' perceptions of the efficiency of public transport inBangkok, you will obtain different results if you use a multiple choice questionnaire than if you conduct interviews. Knowing how the data was collected helps the reader evaluate thevalidity and reliability of your results, and the conclusions you draw from them.

Often there are different methods that we can use to investigate a researchproblem. Your methodology should make clear the reasons why you chose a particularmethod or procedure.The reader wants to know that the data was collected or generated in a way that isconsistent with accepted practice in the field of study. For example, if you are using aquestionnaire, readers need to know that it offered your respondents a reasonable range of answers to choose from (asking if the efficiency of public transport in

Bangkok is "a.excellent, b. very good or c. good" would obviously not be acceptable as it does not allowrespondents to give negative answers).The research methods must be appropriate to the objectives of the study. If youperform a case study of one commuter in order to investigate users' perceptions of theefficiency of public transport in Bangkok, your method is obviously unsuited to yourobjectives.The methodology should also discuss the problems that were anticipated andexplain the steps taken to prevent them from occurring, and the problems that did occurand the ways their impact was minimized.In some cases, it is useful for other researchers to adapt or replicate yourmethodology, so often sufficient information is given to allow others to use the work. Thisis particularly the case when a new method had been developed, or an innovativeadaptation used.During the capital budgeting process answers to the following questions are sought: y

What projects are good investment opportunities to the firm? y

From this group which assets are the most desirable to acquire? y

How much should the firm invest in each of these assets WHAT IS CAPITAL BUDGETING? Capital budgeting is a required managerial tool. One duty of a financial manager is tochoose investments with satisfactory cash flows and rates of return. Therefore, a financialmanager must be able to decide whether an investment is worth undertaking and be ableto choose intelligently between two or more alternatives. To do this, a sound procedure toevaluate, compare, and select projects is needed. This procedure is called capitalbudgeting.Capital budgeting is investment decision-making as to whether a project is worthundertaking. Capital budgeting is basically concerned with the justification of capitalexpenditures.

Current expenditures are short-term and are completely written off in the same yearthat expenses occur. Capital expenditures are long-term and are amortized over a periodof years are required by the IRS.

CAPITAL IS A LIMITED RESOURCE In the form of either debt or equity, capital is a very limited resource. There is a limit to thevolume of credit that the banking system can create in the economy. Commercial banksand other lending institutions have limited deposits from which they can lend money toindividuals, corporations, and governments. In addition, the Federal Reserve Systemrequires each bank to maintain part of its deposits as reserves. Having limited resources tolend, lending institutions are selective in extending loans to their customers. But even if abank were to extend unlimited loans to a company, the management of that companywould need to consider the impact that increasing loans would have on the overall cost of financing.In reality, any firm has limited borrowing resources that should be allocated among thebest investment alternatives. One might argue that a company can issue an almost unlimited amount of common stock to raise capital. Increasing the number of shares of company stock, however, will serve only to distribute the same amount of equity among agreater number of shareholders. In other words, as the number of shares of a companyincreases, the company ownership of the individual stockholder may proportionallydecrease.The argument that capital is a limited resource is true of any form of capital, whetherdebt or equity (short-term or long-term, common stock) or retained earnings, accountspayable or notes payable, and so on. Even the best-known firm in an industry or acommunity can increase its borrowing up to a certain limit. Once this point has beenreached, the firm will either be denied more credit or be charged a higher interest rate,making borrowing a less desirable way to raise capital.Faced with limited sources of capital, management should carefully decide whether aparticular project is economically acceptable. In the case of more than one project,management must identify the projects that will contribute most to profits and,consequently, to the value (or wealth) of the firm. This, in essence, is the basis of capitalbudgeting