research methods unit 2

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Business Finance

Description

Most problems companies face are due to a lack of information; with complete and accurate information, the problems could

be solved. explore the topic of how research is conducted in organizations to address

problems or issues. Then, select a company that is of interest to you, and respond to the following questions/topics:

1. Briefly describe your company. Identify potential problems or issues (current or future) that your company might

address with a research study.

2. What indicators are prevalent demonstrating that the company is effectively (or ineffectively) using research

studies within the organization?

3. How might the company use secondary research? How might they use primary research?

4. What might this company do in the future to expand its research? Include your rationale.

Your APA-formatted response must be a minimum of three pages in length (not including the title page and the reference

page) and must include an introduction, a thesis statement (concise summary of the main point of the paper), and a clear

discussion of the questions/topics above. Your response must include a minimum of two credible references. All sources

used must be referenced; paraphrased and quoted material must have accompanying citations.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: RESEARCH METHODS

1

Research Methods
Institution Affiliation
Date

RESEARCH METHODS

2
Introduction

Research is the use of scientific methods to gather information for solving problems. Thus
a problem must exist for there to be a research. In business, the kind of information to be in research
include information on markets, competitors, and customers. Although research is of different
kinds, the main aim of any research is to help management in decision making.
The Research Process
The research process entails some steps which include the following; the very first step of
the research process is the identification and definition of the research question(s) problem (s).
This involves destemming in full details the issues that the research need to address. Though some
problems might be specific and others complex, the manager should define what the problems
affecting the organization are. A research proposal is then generated. The proposal should indicate
the questions to be addressed and second is the procedures through which the question will be
answered. The research proposal act as the researcher's guideline in developing research designs
and collection of data to be used in answering the research questions ( Rico & Aljian, 2009).
The third step involves the development of the research design. The research design is the
plan for conducting the actual research. There exist two types of research designs, the ex...


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