A DESCRIPTIVE STUDY ON IMPACT OF EDUCATION ABROAD ON CAREER

DEVELOPMENT OF EXECUTIVE TRADE INTERNATIONAL IN BANGLADESH

By

Md. Towhid Hossain

Id: 0921146

An internship Report Presented in Partial Fulfillment

of the Requirement for the Degree
Bachelor of Business Administration

INDEPENDENT UNIVERSITY, BANGLADESH

September 2013

A DESCRIPTIVE STUDY ON IMPACT OF EDUCATION ABROAD ON CAREER

DEVELOPMENT OF EXECUTIVE TRADE INTERNATIONAL IN BANGLADESH

By

Md. Towhid Hossain

Id: 0921146

Has been approved

August 2013

-----------------------------------------------------Dr. A.N.M Shibly Noman Khan

Assistant Professor
School of Business
Independent University, Bangladesh

Letter of Transmittal

Dr. A.N.M Shibly Noman Khan

Assistant Professor
School of Business
Independent University, Bangladesh
Dear Sir,
This is the most excellent time when I have the overwhelming experience of submitting the
internship report that I have prepared with the best of my skill and hard work. I have joined
as an interne at Executive Trade International, and worked on International Relationship of
this firm. Finally I have prepared an internship on- Impact of education abroad on career
development in context of Executive Trade International in Bangladesh. To fulfill the
partial requirement to completion of Bachelor of Business Administration (BBA-449)
program. This report will help the organization to achieve better performance through
adopting international relationship.
Therefore, I need your kind attention to access my report considering the limitation of the
study. Your kind suggestion will encourage me to perform better research work in future.

Sincerely Yours

---------------------------Md. Towhid Hossain

ID#0921146

Acknowledgement

At the very beginning, I would like to thank the almighty Allah for giving the chance
to complete my internship and preparing the internship report. Completion of this report was
only possible due to the cooperation and work of many people. To all those so freely offered
their advice and encouragement in this endeavor. I offer my most sincere appreciation.

I would like to express my gratitude to my Supervisor Dr. Shibly Noman Khan for
providing me detailed feedback, valuable suggestions and advice on this report. I would like
to thank him for imparting his time and wisdom.

I would like to express my gratitude to all the people that were involved both directly
and indirectly in the preparation of this report. I apologize to the people whose names that I
have not mentioned, and their contribution is highly appreciated by me.

I want to thank all the officers of Executive Trade International that were involved. I

would like to thank them for giving me the required information to commence this report and
for providing the permission to do the required research work.

TABLE OF CONTENTS

Context

Page No

List of Tables

List of figures

Abstract

1.0 Introduction

2.0 Mission and the vision of Executive Trade International

11

3.0 Background of the study

12

4.0 Objective of the study

13

5.0 Limitation of the study

13

5.1 Action Plans

14

5.2 Implementation

14

5.3 Intercultural Development

14

6.0 Education and Career Attainment

15

6.1 Longer Stays Mean Greater Benefits:

15

6.2 A Life time of Benefits

15

7.0 Literature review

16

8.0 Research framework

17

9.0 Research Methodology

17

9.1 Research design

17

9.2 Research Approach

17

9.3 Sampling Method

18

9.4 Sampling instrument

18

9. 5 Data collection Procedure

19

9. 6 Data Analysis Procedure

19

10.0 Finding of the study

19

11.0 Significance of the study

22

12.0 Recommendation

22

13.0 Conclusion

23

References

24

Appendix I (Research questionnaire)

26

Appendix II (Descriptive Statistics)

29

Appendix III (Histogram and pie charts)

31

LIST OF TABLES
Contents
Table 1.0 Descriptive Statistics of Lifestyle Improvement and Intercultural Development

LI ST OF FIGURES
Contents
Figure 1.0 Histogram of Lifestyle improvement
Figure 2.0 Histogram of Intercultural Development

Abstract

Executive Trade International Ltd, In Bangladesh is one of the leading commercial

firms. Since being established in 2001, Executive Trade International has come to be
regarded as one of the most well-established, ethical and renowned professional educational
consulting company in Bangladesh. Executive Trade International - The Provider, they
provide counseling to students taking into consideration the students academic history,
interests and career goals to ensure the program they select is the best suited for the
individual. This farm provide options to apply for multiple countries for multiple courses,
oversee the preparation and submission of all necessary documentation, including reference
letters and study plans (Statement of Purpose), as well as assisting in the completion of
application forms. They also provide visa profiling, guidance for visa formalities, helping in
filling the visa application for error free application, complete assistance in all visa
procedures and ensuring you submit the right document for your visa, personal interview
guidance. In indicates that the current customers of the firm are highly satisfied and willing to
continue relationship with the University/college in the long run. This firm offer personalized
services from professional counselors. They also take great pride in their staff and have a
wonderful team of counselors and professionals working for the students. There counselors
are trained and have to meet the benchmarks set by the company to ensure that they provide
the best advice for the students

1.0 Introduction

Education is the backbone of nation It will change your life. You'll come back a new
person." For years, the benefits of study abroad have been described in these words.
Everyone in the study abroad field believed it could greatly impact a student's life, but the
exact long-term benefits were unknown - until now. The first large-scale survey to explore
the long-term impact of study abroad on a student's personal, professional, and academic life
shows that study abroad positively and unequivocally influences the career path, world-view,
9

and self-confidence of students. Study abroad educators often assert that one of the goals of
study abroad is to train future global leaders to be more effective, respectful of other cultures
and political and economic systems, and willing to take a stand for the world's welfare, not
just what benefits a specific country. The survey findings indicate that study abroad is
succeeding in its mission. When questioned about intercultural development, 98 percent of
respondents said that study abroad helped them to better understand their own cultural values
and biases, and 82 percent replied that study abroad contributed to their developing a more
sophisticated way of looking at the world.
Executive Trade International was founded in April 2001 for the students who step out
and make their careers in foreign lands, with the head office located in Dhaka, Bangladesh.
Executive Trade International provides professional consulting services to students, who
like to pursue higher education in Australia, Canada, Ireland, and the United Kingdom
(England, Scotland, and Wales). In last few years of their flawless operations we have
acquired the faith and goodwill of students, colleges and universities. They are the single
source for our Study Abroad Solutions. Executive is always availed to consult on taking
about higher education to the next level so anyone can stay competitive in the global world.
They welcome the opportunity to work with you "today" for "tomorrow's" better career
solutions. They give all students correct information and guideline to make them successful
to find a better educational institute in a developed country. It is a business firm solely
dedicated to development, promotion and helping students who are interested about studying
abroad. This firm is a panel of sophisticated and education counselors who understand the
need of the students, their parents and the sponsors. They provide the students the best
possible information on the all available options, to help them to make the most prudent
decisions. They also offer the students a highly professional and cost effective service process
that enables a quick admission and smooth visa process. There business goal remains
absolutely inseparable from the clients' needs. This firm also believes that quality is the key
to corporate success in an increasingly competitive market and thus strives to achieve
excellence in all areas of performance. This farm keeps regular contact with the entire partner
Universities/colleges. Once a student decides to apply for a course, he or she just needs to
complete the enrollment form and to give us all necessary papers. Thereafter they take
responsibilities for the admission procedure. This farm also submit their applications to the
universities/colleges and closely follow-up the status. Students obtain their Offer Letter of

10

Acceptance from the university/college within a very short time after submitting their
application.
Consulting Business Company is highly competitive and highly sensitive company. A
consulting company plays very vital role in our international relationship. Consultants help
business owners and entrepreneurs develop the business objectives necessary to achieve the
organization's service, social, profit and growth goals by interviewing the principal leaders.
Talking through the vision for an organization helps the leaders vocalize where they want the
organization to go. A business objective provides a specific, measurable, realistic, actionoriented and time sensitive statement that, once achieved, propels the organization closer
toward meeting one of its goals. The business' goals and objectives form the foundation of its
business plan. Business owners can follow the same process on their own to develop
workable goals, objectives and actions to help their business succeed. In Bangladesh
Executive trade International Ltd mainly focus on these things. They are:

Provide best study abroad solutions to the students.

Represent many prestigious universities & colleges around the world

Provides speedy services for the students so that they can complete necessary
admission & visa procedure within a limited time.

Maintain a long term relationships with the students while they are studying abroad.

Strong network of students who are currently studying abroad. They are very much
cordial in assisting our new students on their first arrivals in abroad.

2.0 Mission and the vision of Executive Trade International

They provide counseling to students taking into consideration the students academic
history, interests and career goals to ensure the program they select is the best suited
for the individual.

11

This farm provide options to apply for multiple countries for multiple courses,
oversee the preparation and submission of all necessary documentation, including
reference letters and study plans (Statement of Purpose), as well as assisting in the
completion of application forms.

They also provide visa profiling, guidance for visa formalities, helping in filling the
visa application for error free application, complete assistance in all visa procedures
and ensuring you submit the right document for your visa, personal interview
guidance.

They offer a wide choice of courses and institutions. This firm also represent over 150
education institutions worldwide. We are selective about the institutions we represent
and ensure that they are genuine education providers and are government approved

3.0 Background of the study

The report is originated in result of my internship program which I have done as are
requirement of BBA program. This report is completed based on my three months internship
in Executive trade international. This is an orientation report that contains the real life day to
day working experience of different tasks. Todays world is changing very quickly as new
business are rising by placing the old ones. In the new millennium, people feel an increasing
awkwardness about the future. Like the other business, consulting practice is also changing at
an unbelievable pace. Consulting business becomes more demanding and competitive day by
day.

12

4.0 Objective of the study

The business' goals and objectives form the foundation of its business plan. Business
owners can follow the same process on their own to develop workable goals, objectives and
actions to help their business succeed. The main objective of the study is to have on
international education and its impact on career development. Assess the following specific
objectives.

Identify as the tangible and intangible skill and capabilities through their experience
abroad and how they have they have applied that there professional, personal and
education pursuits.

To expose professionals to consulting process, practices and tools

To impart basic consultancy, project management and comprehensive problem

solving skills to professionals and working executives.

To encourage professional to opt consulting as a career option

To develop skills and expertise for internal consulting in organizations

To expose professionals to consulting process, practices and tools.

To impart basic consultancy, project management and comprehensive problem

solving skills to professionals and working executives.

To encourage professional to opt consulting as a career option

To develop skills and expertise for internal consulting in organizations

5.0 Limitation of the study

Consultancy sector is very sensitive and competitive by its nature. So, data of this
report is not available and the interviews might not disclose accurate facts and figures.
However I have faced the following problems to prepare the report.
13

Insufficiency of valuable and information

Lack of prepare books, journals and relevant data

Lack of time and resource

Lack of perfect cooperation of the survey personal

The organization maintains confidentially to provide some of the following

information.

Lack of support

Lack of secondary raw data

5.1 Action Plans

Develop the action plan for each objective. An action plan breaks the objective down into
small, manageable tasks you can accomplish in a few days to a week. For instance, one task
in obtaining a realtor's license is to research training programs and another is applying for the
programs.

5.2 Implementation
Act on the plan. Consultants may assist with implementation, such as helping the client
company set up its virtual office or computer network but, the majority of implementation
falls to the business owner and employees. Start with the first action to meet the first
objective of the one-year goal and work our way down the list, in order.

5.3 Intercultural Development

Study abroad educators often assert that one of the goals of study abroad is to train future
global leaders to be more effective, respectful of other cultures and political and economic
systems, and willing to take a stand for the world's welfare, not just what benefits a specific
country. The survey findings indicate that study abroad is succeeding in its mission. When
questioned about intercultural development, 98 percent of respondents said that study abroad
helped them to better understand their own cultural values and biases, and 82 percent replied
that study abroad contributed to their developing a more sophisticated way of looking at the
world.

14

"The experience of living and studying in another country was so eye-opening tested
preconceptions and habits I wasn't even aware were so ingrained in me. It is significant to
note that these intercultural benefits are not fleeting but continue to impact participants' lives
long after their time abroad. Almost all of the respondents (94 percent) reported that the
experience continues to influence interactions with people from different cultures, and 23
percent still maintain contact with host-country friends. Ninety percent said that the
experience influenced them to seek out a greater diversity of friends, and 64 percent said that
it also influenced them to explore other cultures.

6.0 Education and Career Attainment

It is noteworthy that the majority of respondents gave academic and professional accounts
similar. When questioned about academic pursuits, 87 percent of respondents said that study
abroad influenced subsequent educational experiences, 63 percent said that it influenced their
decision to expand or change academic majors, and 64 percent reported that it influenced
their decision to attend graduate school. Nearly half of all respondents have engaged in
international work or volunteerism since studying abroad.

6.1 Longer Stays Mean Greater Benefits:

For many years, conventional wisdom in the study abroad field has been that "more is better".
The longer students study abroad, the more significant the academic and cultural
development and personal growth benefits. Although all students benefit from the study
abroad experience, there are a few choices that students can make that having the potential to
increase their long-term and career benefits.

6.2 A Life time of Benefits

Few other experiences in life have proven to net such a positive and sustainable impact. With
study abroad offering so many life-changing and enduring academic, career, intercultural,
personal, and social benefits, students should carefully consider studying abroad when
15

searching for a college and during their collegiate career. Students should question potential
colleges about the study abroad programs they offer and find out how competitive the
application process is and if grades and financial aid transfer. In addition, colleges, parents,
and employers should encourage and enable students to study abroad.

7.0 Literature review

"It will change your life. You'll come back a new person." For years, the benefits of
study abroad have been described in these words. Everyone in the study abroad field believed
it could greatly impact a student's life, but the exact long-term benefits were unknown - until
now. The first large-scale survey to explore the long-term impact of study abroad on a
student's personal, professional, and academic life shows that study abroad positively and
unequivocally influences the career path, world-view, and self-confidence of students. Study
abroad educators often assert that one of the goals of study abroad is to train future global
leaders to be more effective, respectful of other cultures and political and economic systems,
and willing to take a stand for the world's welfare, not just what benefits a specific country.
The survey findings indicate that study abroad is succeeding in its mission. When questioned
about intercultural development, 98 percent of respondents said that study abroad helped
them to better understand their own cultural values and biases, and 82 percent replied that
study abroad contributed to their developing a more sophisticated way of looking at the
world."The experience of living and studying in another country was so eye-opening tested
preconceptions and habits I wasn't even aware were so ingrained in me It is significant to
note that these intercultural benefits are not fleeting but continue to impact participants' lives
long after their time abroad. Almost all of the respondents (94 percent) reported that the
experience continues to influence interactions with people from different cultures, and 23
percent still maintain contact with host-country friends. Ninety percent said that the
experience influenced them to seek out a greater diversity of friends, and 64 percent said that
it also influenced them to explore other cultures.

16

8.0 Research framework

Impact of education abroad

Career development

Research Questions:
a. Does there any relationship between educations abroad on career development?
b. Does there any impact in education abroad on career development?

Hypothesis:
1. There is a significant relationship between educations abroad on career development
2. There is an impact education abroad on career development

9.0 Research Methodology

9.1 Research design

The methodology of the research have been describe o the basis of research design, data
collection methods and data analysis. The study is descriptive in character which tends to
investigate the understanding of improved lifestyle and intercultural development in the
context of Executive Trade International (ETI) .The research design consist the blueprint of
the quantity, collection and analysis of data. The study intends to identify the occurrences,
characteristics of sample which clearly state that the research is a descriptive study. The
objective of the research is likely from side to side to the data collection and explanation of
the research. The study will determine the student sensitivity on the organization based on
key relationship marketing underpins- lifestyle improvement and intercultural development

9.2 Research Approach

To examine the research dilemma, researcher collects different information from client
(student) of ETI. Researcher gives letter to each and every participant explaining the research
17

focus. Participation of the respondents will depend on their choice. Participants can pull out
from responding at any time without giving any explanation.

9.3 Sampling Method

The study conducted only in ETI due to time and budget constraints. The sampling frame for
this research was the clients (student) of ETI. Data has been collected from ETI.
Sample collected by simple random sampling technique. Cooper and Schinder (2003) stated
that in this type of probability sampling method each population element is known and has an
equal chance of selection.
The sample size was 15 to investigate the variables like lifestyle improvement and
intercultural development in context of ETI.

9.4 Sampling instrument

Because of the lack of secondary data (magazine journals and articles), the researcher
gathered data from the primary source by developing questionnaire. To obtain data for this
study the researcher used questionnaire because of following reasons:

It is not possible to make a personal interview for the large number sample size of 15

The postal system of our country is very slow. So mail survey will be time consuming
for this study.

I t takes less time to fill up a questionnaire survey form. As a result, the student will
not be unwilling in providing accurate data.

The researchers found that most of the earlier research with large number of sample
size used survey method.

Internet survey will not be possible for this study as the research will be conducted in
the context of Bangladesh

Respondents ambiguity can be maintained

Similar to most other researches, questionnaire has been tailored from previous
experimental studies. In the questionnaire there will be two sections which are
lifestyle improvement and intercultural development.

Lifestyle improvement will be measured by using 5 items (section 1, question no. 1-5). This 5
point likert scale was used by Ndubisi (2007).
18

Intercultural development will be measured by using 5 items (section 2, question no. 1-5).
This 5 point likert scale was used by Ndubisi (2007)

9. 5 Data collection Procedure

It is impossible to get information from secondary sources like journal, article or magazine
for the reason that no available study has been conducted within the context of Consulting
Farm in Bangladesh. Therefore the researcher will impose primary data to explore research
problem. The researchers will conduct questionnaire to collect primary data.

9. 6 Data Analysis Procedure

Frequency distributions like mean, median, mode, standard deviation were used in the study.
Descriptive statistics and frequency distribution were better for the study as they have more
valid explanation on student responses.
Quantitative data of the research collected by primary sources and the comparison
represented through charts and graphs. For the current study on hand, the statistical package
for social sciences (SPSS) software version 17.0 will be utilized by the researchers as a
statistical data analysis tool since it offers greater practicability in data analysis.

10.0 Finding of the study

Table 0.1 Represent the descriptive statistics of the measured variables. Here mean
represent the verge of the variables. Median presents the middle value of the distribution.
Median of a frequency distribution is the value of the set which divides the total frequency
into two equal parts. Mode is the model value of the distribution which is the value of the
variety which has maximum frequency. In frequency distribution, the value appear maximum
number of times is known as mode as it has maximum frequency. Standard deviation is the
measure of dispersion of the variables. In a frequency distribution, the spread of the vales
may be symmetrical around the centre or it may not be so. Histogram is the visual
representation of results with normal curve.

19

Table 01: Descriptive statistics of Lifestyle improvement and Intercultural Development

Statistics

Lifestyle Improvement
N

Valid

Intercultural Development
15

15

Mean

3.5333

3.4667

Median

4.0000

3.0000

4.00

3.00

1.06010

1.06010

Minimum

2.00

2.00

Maximum

5.00

5.00

Missing

Mode
Std. Deviation

From the table we can found that mean of lifestyle improvement is 3.533 means that on
average students of ETI are strongly believe that the foreign education can improve the
lifestyle. Here mean, median and mode are almost similar and the values are 3.533, 4.00 and
4.00. Here the standard deviation of lifestyle improvement is 1.060. In here the mode of the
frequency distribution is 4.00 and it means most of the student agrees that, the foreign
education can help their lifestyle to improve.

Again from the above table we can found that mean of Intercultural Development is 3.4667
means that on average students of ETI are strongly believe that by getting foreign education
they can develop their intercultural activity. Here mean, median and mode are almost similar
and the values are 3.4667, 3.00 and 3.00. Here the standard deviation of Intercultural
Development is 1.0601. In here the mode of the frequency distribution is 3.00 and it means
most of the student agrees that, the foreign education can help their intercultural development
by exploring different cultural activity.

20

Figure 01: Histogram of Lifestyle Improvement

Figure 02: Histogram of Intercultural Development

21

11.0 Significance of the study

Now a days student consulting firm sector of Bangladesh is very competitive. There
are lots of student consulting firm exist in Bangladesh. The study will help researcher to
comprehend the impact of education variables- lifestyle improvement and intercultural
development. This form of study was not used in the developing countries like Bangladesh.
The study is important for different types of reasons. This research will help to increase
student consulting firms loyal client, which will help to boost future clients, in context of
student consulting firm in Bangladesh. This form of research will encourage further
researchers in Bangladesh or in other countries in similar areas of interest.

12.0 Recommendation

In the context of ETI in Bangladesh the researcher can recommend the following by
analyzing the study variables: Lifestyle improvement, Intercultural development

Lifestyle improvement is very important in component in student consulting firm. ETI

have to gain trust of students to make them believe that the foreign education can
improve their lifestyle.

ETI should identify the value of customer satisfaction in keeping trusty clients and act
accordingly. Customer satisfaction as a major factor in building customer loyalty.
Clients are likely to be loyal to the consulting firm that figure out clients complaints
and other conflict satisfactory.

ETI can arrange a 1week duration training program where student get a idea about
inter cultural development, by this training student can easily adopted the different
culture, can take decision in critical situation.

22

13.0 Conclusion

Student consulting firm are belonging to the most popular service industry for the
student in the world. Now a day a part of economic development of our country depends on
this sector. Bangladesh has lots of student consulting firm which are always try to build a
good relationship with their clients and try to give their best service. We know every year a
good number of students are going to abroad for higher education and they are taking help
from Student consultancy firm. This study has established that in Bangladesh student
consultancy firm sector impact of education abroad on career development can play an
important role in promoting the student consulting firm industry and can able to build
trustworthiness among clients. The research has been recognized that the performance of the
ETI is trustworthy, satisfied, committed, promising.

23

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study of 50 years of study abroad alumni. International Educator, 9(3), 1217.
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Balkcum, A., Scheid, M., Vande Berg, M. J., & Whalen, B. J. (2004, Fall). The Georgetown
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American Council on Education (2000). Student Poll, 4, (3). Baltimore, MD: Arts &
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Hoffa, W. W., & DePaul, S. C. (2010). A history of U.S. study abroad: 1965-present.
Carlisle, PA: The Forum on Education Abroad.

Kasravi, J. (2009). Factors influencing the decision to study abroad for students of color:
Moving beyond the barriers. (Ph.D., University of Minnesota).
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Lewin, R. (ed.) (2009). The handbook of practice and research in study abroad: Higher
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education and the quest for global citizenship. New York: Routledge.
McKeown, J. S. (2009). The first time effect: The impact of study abroad on college
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Miville, M. L., Gelso, C. J., Pannu, R., Liu, W., Touradji, P., Hollowa, P., & Fuertes, J.
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25

Appendix I
Research Questionnaire

Section 1:

26

Based on the findings of the Lifestyle Improvement, we have performed an attitude survey
among the students of the organizations. The result of this survey is stated bellow:
Please answer each of the following statement using the following rating scale:

5=Strongly Agree
4=Agree
3=Undecided
2=Disagree
1=Strongly Disagree

Number

Questioners

1.

Study abroad give a strategic edge on career development

2.

The way of doing things change by exploring foreign education

3.

It changes day to day lifestyle in effective and organized way

4.

The cultural diversification increase knowledge

5.

Foreign education help me to adopt my job environment

Feedback

Section 2:
27

Based on the findings of the Intercultural Development, we have performed an attitude

survey among the students of the organizations. The result of this survey is stated bellow:
Please answer each of the following statement using the following rating scale:

5=Strongly Agree
4=Agree
3=Undecided
2=Disagree
1=Strongly Disagree

Number

Questioners

1.

Study abroad, has a significant impact on the academic and cultural

Feedback

development
2.

Foreign education effect on personal growth

3.

Students benefit from the study abroad experience

4.

This increase our long-term development and career benefits

5.

The communication skill developed by exploring other culture

28

Appendix II
Descriptive Statistics

Statistics
29

Lifestyle Improvement
N

Valid

Intercultural Development
15

15

Mean

3.5333

3.4667

Median

4.0000

3.0000

4.00

3.00

1.06010

1.06010

Minimum

2.00

2.00

Maximum

5.00

5.00

Missing

Mode
Std. Deviation

Lifestyle Improvement

Frequency
Valid

Percent

Valid Percent

Cumulative Percent

2.00

20.0

20.0

20.0

3.00

26.7

26.7

46.7

4.00

33.3

33.3

80.0

5.00

20.0

20.0

100.0

Total

15

100.0

100.0

Intercultural Development

Frequency
Valid

Percent

Valid Percent

Cumulative Percent

2.00

20.0

20.0

20.0

3.00

33.3

33.3

53.3

4.00

26.7

26.7

80.0

5.00

20.0

20.0

100.0

Total

15

100.0

100.0

30

Appendix III
Histograms and Pie Chart

31

32

33