Importance of Management Research

You are now tasked with developing a research plan that would best support the research objectives that you have just chosen. You consider your options and narrow them down to the following three.

In business, managers need to respond to any issues that may arise in the business. While one may be prone to do this based on past experience, the wiser choice would be to use business research to gather the information to make decisions as business research will increase the likelihood that the solution would make a positive impact. According to Business Research Methods, the definition of business research is the structured questioning which provides information by which to guide wise decisions that maximize the impact of the

* 1. The researchers analyzed the data they collected as though it were at what level of measurement?

gathering data in regards to the event, then the data needs to be analyzed, and the final step is

The first step is to locate and define the problem or desired research issue. The second step is to formulate a hypothesis and decide which method of hypothesis testing should be conducted such as exploratory research, descriptive research, or causal research. The third step is to collect data as primary of secondary such as surveys, observations or rely on other methods such as the census. The forth step is to

Yes, the research provides information that the design was needed to perform this study. The qualitative information provided information needed to be measured by the quantitative section. Mixed method was needed to provide complete and understandable information. Sequencing was necessary to obtain the information for the second

1. c. Briefly describe how the future research study might be conducted (Who would participate, what would be measured, and so on.)

It should be mentioned that data collection is in fact the research step. This step can be very involved and time consuming. A person will be required to gather any and all information available on their chosen subject. If the desired information is lacking, then he or she will need to create the data. This data will then need to be compiled into one place for the researcher to analyze it. After analyzing the data, any and all findings should be presented. This can be a rather lengthy step because summarizing, reporting, statistically analyzing, and presenting the findings can consume more time than all the other steps combined (Hagan, 2010).

Finally, we determine and recommend what would have been the best techniques to use, in terms of the selection of samples and choice of the sample size in determining the capability and the capability potential of the equipment and production process.

Research is an inevitable aspect of human life both as an individual and as a collective as well as organizations and businesses. Often, research is directly and dynamically linked with knowledge, skills, growth, and development, especially for enterprises and companies. On the other hand, management research focuses on systematic inquiry that assists in solving form problems and significantly contributes to management knowledge.

In order to develop the “right strategy” to succeed in business, managers must make the right decisions; and in order to make the right decisions, they must have objective, accurate, and timely : E. information about market trends and changes.

Before beginning, during, and after the research process categories will be formed to help with documenting and observing. With forming categories it will be useful with discovering answers and theories through the research process and getting to a conclusion

A study design is the procedure that guides a researcher on how to collect, analyze and interpret observations. It is a logical model that guides the investigator while he navigates through the various stages of the research. Study types can be classified severally depending on the research strategy employed. A study type can be non-interventional that is ‘observational’ where a researcher just observes and analyses researchable objects or situations without intervening. Non-interventional study designs can be exploratory, descriptive or comparative. A study can also be

First of all. I learned research methods from the video lecture. That is the first time I've heard about a detailed explanation of research methods. I was really interested in it because it is very important for us. The higher education level we are, the more research we need to do. As what I've learned, research has seven methods. The first step called: “defining the problem”. That means at the really first time when we do research, we should know what we want to know via this research. We need to come up some research question in our mind. The second step called: “reviewing the literature”. In this step, we should read some previous studies which are related to our topic. The literature must be trustable, and for journals, peer review is the better choice. The third step called: ” forming a hypothesis”. This step tells us after we are familiar with the previous research, maybe we can form a hypothesis in our mind. Actually, I have a little question about this step. Is this hypothesis based on the gap in the previous? The fourth step is choosing a research design. This is a step that organizes our research method. We need to think about who is the participants, when and how well we collect data. The fifth step is collecting the data. This step is kind of do your research plan what you prepared in the fourth step. There are many ways we can choose to collect data. Such as questionnaires, online survey etc. Next step is analyzing the data. This step is kind of tell the readers our research results. For here, we should determine if our hypothesis was true, false, or inconclusive. Also how the result similar to your thought. The final step is drawing conclusions. I think this is the most important part because you

So based on above components, analytical model, research questions, and hypothesis we can determine the specification of information needed.