"BUSN20016 RESEARCH PROPOSAL PROJECT BUDGET AND BUDGET JUSTIFICATIONThe budget for the proposed research is around $4000 in order to complete this project withinth the time frame (18 September 2015) as given in the Gantt chart. This budget has been specified for the following reasons:? The Literature Review to be undertaken requires the use of textbooks, journal articlesand online resources that are not free of cost. This will cost around $1000. ? Data collection in the form of surveys and questionnaires include printing, travellingand posting/mailing costs. If e-mail is used, there is a chance of it ending up in theJunk Box section of the e-mail. And, it is better to approach the SME’s in person andcollect information regarding the impacts of Recession on them and their survivaltactics. In cases where travelling in person might be impossible, the use of posts can beavailed of. This will cost around $2000.? Also, in order to access charts/tables/government figures for Data Analysis, some ofthe budget must be allocated for this purpose too. This will cost around $1000.In summary,Purpose Estimated Amount to be SpentLiterature Review $1000Data Collection $2000Data Analysis $1000Total Budget Estimated $4000 15 | P a g e BUSN20016 RESEARCH PROPOSAL REFERENCESAmadeo, K., 2015. Causes of Economic Recession. [Online] Available at: http://useconomy.about.com/od/grossdomesticproduct/a/cause_recession.htm[Accessed 5 June 2015].Athanasiu, C., 2010. After the Crisis. Business Source Premier, Wednesday October, pp. 42- 45.Bourletidis, K. & Triantafyllopoulos, Y., 2014. SMEs Survival in time of Crisis: Strategies,Tactics and Commercial Success Stories. Procedia - Social and Behavioural Sciences,CXLVIII(1), pp. 639-644.Brown, G. W. & Lundblad, C., 2009. The U.S. Economic Crisis: Root Causes and the Road toRecovery. Journal of Accountancy, CCVIII(4), pp. 42-49.Goodwin, N. et al., 2013. The Financial Crisis and the Great Recession. In: J. Devine, ed.Macroeconomics in Context. Massachusetts: Routledge, pp. 337-356.Hodorogel, R. G., 2009. The Economic Crisis and its Effects on SMEs. Theoretical andApplied Economics, V(1), pp. 79-88.Kitching, J., Smallbone, D. & Xheneti, M., 2009. Have Small Businesses Beaten theRecession?. Liverpool, Liverpool Vision.Laderman, E., 2013. Small Businesses Hit Hard by Weak Job Gains. [Online] Available at: http://www.frbsf.org/economic-research/publications/economic- %20letter/2013/september/small-business-job-growth-employment-rate/[Accessed 5 June 2015].Lee, S. A., 2009. Guiding Your Small-Business Clients Through the Downturn Maze. Journalof Financial Planning, XXII(5), pp. 24-29.Lin, S. & Ma, Y., 2010. ‘Credit crunch’ and Small and Medium-sized Enterprises: Aspectsaffecting survival. Journal of Financial Services Marketing, XIV(4), pp. 290-300.Milin, I. A., Fruja, I., Milin, S. & Merce, I. I., 2012. The Impact of the Crisis on Small andMedium Enterprises. Agricultural Management, XIV(1), pp. 499-506.16 | P a g e BUSN20016 RESEARCH PROPOSAL Nanto, D. K., 2009. The Global Financial Crisis: Analysis and Policy Implications. CongressialResearch Service, I(1), pp. 1-89.Research, 2015. Measure a Recession. [Online] Available at: http://m.wikihow.com/Measure-a-Recession[Accessed 5 June 2015].Sahin , A., Kitao , S., Cororaton , A. & Laiu , S., 2011. Why Small Businesses Were Hit Harderby the Recent Recession. Current Issues in Economics and Finance, XVII(4), pp. 1-7.Sato, Y., 2000. How did the crisis affect small and mediumsized enterprises? From a field studyof the metal-working industry in Java. The Developing Economies,, XXXVIII(4), pp. 572-595.Shama, A., 1993. Marketing Strategies During Recession: A comparison of small and largefirms. Journal of Small Business Management, I(1), pp. 62-72.Sharma, D., Garg, S. K. & Sharma, C., 2011. Strategies for SMEs after Global Recession.Global Business and Management Research: An International Journal, III(1), pp. 58-66.Sharples, A., 2011. The Great Recession and its effect on small businesses and unemploymentrates, Carolina: Business Management and Marketing.Smallbone, D., Deakins, D., Battisti, M. & Kitching, J., 2012. Small business responses to amajor economic downturn: Empirical perspectives from New Zealand and the UnitedKingdom. International Small Business Journal, XXX(7), pp. 754-777.Storey, D., 1994. Understanding the Small Business Sector. 1st ed. London: Routledge..17 | P a g e "