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Impact of Public Transport Prices

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Introduction

Transport for London is the local government agency which is responsible for transport system in Greater London, England. TfL has responsible for London network of principal road routes where different rail networks includes London Underground. Transport for London was established in the year of 2000 as the integrated body which is responsible for London's transport system. The main role of TfL is to implement effective transport strategy and manage transport services along with capital. The main motive of this investigation is to analyse the impact of public Transport prices on students of London. They are offer special discounts to the London students where they travel on free charge and make it great option for students. Along with this, the main purpose of the research is to analyse different authors and scholars views regarding specific topic. Moreover, research methodology assist in identify best method which is qualitative research design and this will be conducted with the help of interviews by London students who uses public transport on regular basis. It will help in analysing reviews and views of students regarding fare of transportation modes.

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Research Aim:

“To identify the impact of public Transport prices on students of London”.

Research Objective:

  • To identify the concept of Transport for London
  • To determine the importance of Transport for London for students
  • To identify the relationship between Transport for London and students.

Research Questions:

  • Explain the concept of Transport for London?
  • What is the importance of Transport for London for students?
  • What is the relationship between Transport for London and students?

Research Methodology

Research methodology is the process and method which an be used for select, recognise, analyse whole data and information regarding specific topic. In this part, they allow their investigators for evaluating and analysing the entire study validity and reliability effectively. It can be refers as the study method in which they can easily gain acquire authentic knowledge and skill in better manner. Along with this, it is one of the most important section of the research project because all the required factors are considered.

Type of research

In this part, investigator need to access important facts and figures of research project so that they can easily executed methods and techniques which provide benefits regarding research process. There are different ways through which investigation can conducted in effective manner. It includes qualitative and quantitative research. In this, qualitative method can help in collecting and gathering accurate facts and figures and its main focus on maintaining quality and analysing customer perceptions regarding firm goals and targets. On the other hand, quantitative research assist in collecting authentic charts and graphs so that researcher mainly focus on understanding and evaluating qualitative factors of particular topic. The present report is based on qualitative research method which can be used for gathering and collecting important data and information at the time of developing report.

Research philosophy

It is considered as belief which can be used for gather and collect authentic data and information while completing specific project. In this section, there are various types of patterns and beliefs which can be followed by investigator and their main responsibility is to choose accurate philosophy for the firm in order to reach with desired outcomes. There are different types of philosophy such as interpretivism and positivism. In this, positivism consider that reality is stable and it can be ascertained and described from an objective point of view without intervention of phenomenon being studied. On the other hand, interpretivism intend to be subjective interpretation and interference is reality which can be understood effectively. This philosophy provides main concentration on data quality that can be gather and collect in effective way. In this project, positivism philosophy is used for gathering and collecting accurate facts and figures at the time of completing research report.

Research approach

In this section, research approach is an effective plan and procedure that will consist with steps along with broad estimation to described method of data collection, interpretation and data analysis. It is based on research nature that can help in resolving major issues and problems which are being addressed. Research approach is play a vital role in scientific study which assist in analysing whole areas. In this, there are two types of research approach which is necessary to be applied by investigator. It include inductive and deductive approach. In inductive approach, various types of theories are applied and it is based on different models and assumptions according to the results where they can gather and collect authentic facts and figures. On the other hand, deductive approach examine current numerical facts and figures that are being evaluated on the basis of observation. In the present report, deductive approach is applied because this is used for gathering and collecting authentic data and information in effective way.

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Ethical consideration

The ethical consideration has common undertaken for an association in examining and exploring various areas. In addition to this, it can be analysed that various rules and regulations are identified in term of right or wrong in proper manner. It can be estimated that it is required part which can be used for securing and saving various criteria on experts and specialists. They have develop accurate decisions in order to select right or wrong and it is also conceal with individual facts and figures from various respondents. There are different types of moral qualities that are required for examiners in order to sort particular research work.

Data collection

Data can be categorised by various methods and strategies which can be used for gathering and collecting correct information in better manner. There are two ways through which company can easily sort information in order to gather method which combine essential and subsidiary sources which are mentioned as under:

Primary data – It is that method which can be useful in social occasion and also collect exact data and information in better manner. There are different methods which can help in collecting and gathering accurate statistical data points among various sources such as observations, interviews, recognition, contemplate and many more. Such type of method assist in assembling and collecting right data at the time of completing specific project.

Secondary data – It can be categorised as the process which assist social affair data and information by another individual and it is that information that can be used for analysing valid conclusion for such examination and survey.

Theme 1: Concept of Transport for London

Q 1) Are you aware with the concept of Transport for London?

Frequency

a) Yes

25

b) No

5

Interpretation: It can be analysed that Transport for London is the local government body which is responsible for transporting system and they are manage and maintain services of company. This is required for government is to offer special discounts and free charges to their students in the nation. There are around 25 respondents who are agree on that Transport for London is responsible for maintaining transportation prices which are flexible in nature. On the other hand, there are around 5 respondents who are disagree on that statement where they does not provide flexible prices as per their students requirements.

Theme 2: Importance of Transport for London for students

Q 2) What is the importance of Transport for London for students?

Frequency

a) Provides low fares to students

20

b) Ease in accessibility

10

Interpretation: As per the above described table, it can be analysed that Trabsport for London is essential

Theme 3: Transport for London helps in making travelling easier for students

Q 3) Does Transport for London helps in making travelling easier for students?

Frequency

a) Agree

28

b) Disagree

2

Interpretation: It can be analysed that Transport for London assist in developing and making travelling easier for students where they are made special card through which they can easily travel by different transport. It is required for TfL is to

Theme 4: Transport for London focuses on reducing pollution to become sustainable in London

Q 4) Does Transport for London focuses on reducing pollution to become sustainable in London?

Frequency

a) Yes

27

b) No

3

Interpretation: Due to increase in industrialisation, pollution has become one of the main issues which impact negatively on ecosystem. For reducing this issue, Transport for London is majorly focused on transportation services. It always concerns on bringing sustainability and prevent environment from such pollutions, which causes due to transportation. As per above mentioned graph, where a survey is done on 30 respondents, it has interpreted that 27 users are in favour with this corporation. They are agreed that this cooperation give its efforts in reducing pollutions. While other than this, 3 respondents do not go with same statement. They state that this firm needs to develop more strategies for bringing sustainability in London.

Theme 5: Fund for Transport for London

Q 5) Who provides the fund for Transport for London?

Frequency

a) Fares income

15

b) Borrowing and cash movements

10

c) funds from Department for Transport (DfT)

5

Interpretation: In order to run program for reducing pollution and bring sustainability in society, the basic resources needed by Transport for London is adequate amount of funds. As without arranging proper amount of finance, it cannot runs its major operations in more effective manner. For this purpose, it can take funds from Department for Transport, Borrow and cash movement, Fares income etc. Through survey, it has interpreted from above graph that 15 respondents suggest this firm to arrange finance by Fares income. Whereas 10 users bring attention towards borrowing and cash movement. They think by lending money from commercial institution, Transport for London can satisfy its requirements related to finance. While, remaining 5 users thinks that funds from Department for Transport will help this firm to get rid from financial issues.

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