Premium Essay

Formal Research and Business Proposals

In:

Submitted By laughinggas809
Words 1136
Pages 5
Proposals and Research
Nashira Wiggins
American Intercontinental University

Abstract
What are the differences between formal research and a business proposal? What are the similarities? This paper will compare and contrast the theoretical and practical differences between formal research and a business proposal. The second part of this paper will explore the effects of human resources outsourcing on leadership performance and employee commitment. This paper will show that human resources outsourcing has a negative effect on employees and their morale.

Part 1
Formal research provides basic information and statistics in a given field or industry depending on the focus of the research. Formal research may be used to research the demand for a specific product or service by researching similar products or services that are already on the market. Included in this research would be the general sales rate, the companies that market these products or services, and the current sale price. Research will reveal whether the market for the product is flooded or if it is indeed a good business opportunity.
A business proposal is a document that proposes a method for completing a task. A business proposal can be used for launching a new product or for something like implementing a new strategy for a marketing campaign. “A proposal includes a brief description for the task at hand, a section describing the general approach to the task, a schedule for the task in question and a budget that outlines all expenses associated with the task” (Jane, M., 2013).
Formal research is the theoretical approach while a business proposal is the practical approach. Although there are many similarities between formal research and a business proposal, there are differences in the overall goals, sections, purposes, and uses. The purpose of a proposal is to identify a need, explain it, and

Similar Documents

Premium Essay

Proposal Goals

...How are research proposals different and similar to business proposals? “A research proposal addresses a particular project: academic or scientific research… Research proposals contain extensive literature reviews and must offer convincing support of need for the research study being proposed.” ( )“A business proposal is a written scheme from a seller to a prospective customer. The main purpose is to fulfill the requirements of a client.” ( ) There are many differences and similarities between formal research proposals and business proposals. The first of these similarities and differences is found in the proposal goals. In a business proposal, the goals are often found in the proposal's overview section or basic proposal introduction. A formal research proposal differs from a business proposal because it often focuses on finding information or data that will help the business make better decisions. Most times business proposals suggest new products or services, with a goal to make money for the business. Formal research proposals have more of a theoretical approach, and business proposals have a practical approach as far as things to do to make money. Another thing to consider when comparing the two proposals is the content located within the formal research and business proposal sections. Both of these proposals share the similarity of the introduction and conclusion, but the other sections within them are different. A formal research report has a research...

Words: 590 - Pages: 3

Premium Essay

Business Research Plan

...Unit 1 Individual Project MGT600 – Business Research for Decision Making April 7, 2013 Abstract Functional companies in today growing economy use Formal Research and Business Proposals to effectively conduct business. Both methods are clearly different in meaning and purpose, however the two are intertwined. Formal research and Business Proposals both have applications and values in a business setting that will be discussed in this research paper. The theoretical framework and the research design relating to collaborative technology in virtual globalization will be discussed. (Sekaran & Bougie, 2010). Part 1 “Formal Research” versus “Business Proposal” Introduction In Part one of this research paper I will be discussing the theoretical and practical differences between “formal research” and “business proposals”. In researching the two methods I will present how they impact the business industry, it is vital that business professionals comprehend the distinction between them. Management teams will benefit from research and proposals if they are conducted and implemented properly. Part 1. Marketing Manager and Researchers in a company have complex task in developing formal research projects and business proposals. Formal Research is a structured research style that allows business researchers in a company to present information in a scientific manner. Teams who conduct formal research must use a systematic professional process of collecting and analyzing...

Words: 1553 - Pages: 7

Premium Essay

Business Proposal vs Research

...Formal Research vs Business Proposal Latasha Jenkins MGT 600-1102A-06 Dr. Hal Graff May 1, 2011 Abstract In this paper, I will compare formal research and business proposals and maintain that formal research is academic in nature while a business proposal has a more practical orientation to it. I will also discuss the most important difference between formal research and business proposals is that formal research has no financial implications while financial implications are the most important characteristics of business proposals. I will also point out that the main objective of a business proposal is to identify a need which must be addressed in order to generate either financial savings or greater revenue, while such financial implications are not relevant in formal research. Formal research is not concerned with generating findings that are practicable. I have concluded that formal research generates a wide variety of findings that may be made applicable in a wide variety of contexts. Further, I also noted that the advantage of business proposals is that they contextualize the findings from formal research in an existing organizational structure. Business Proposal vs Formal Research 1. Introduction Formal research basically is a systematic and organized effort to investigate a specific problem or test a hypothesis. The goal here is to find answers to the issues that concern managers at work which is done in a controlled environment...

Words: 1578 - Pages: 7

Premium Essay

Preliminary Research Design

...Individual Research Project – Preliminary Research Design Lori Whidbee American InterContinental University Abstract The first part of this paper examines the similarities and differences between formal research and business proposal. The paper finds that the process taken for both research methods are comparable in nature. However, both research methods have difference uses in business. The purpose, use and goals of the research determines whether formal research or business proposals add value to the decision making process in corporate world. Part two of the paper examines a hypothesis question: What are the effects of human resources outsourcing on leadership performance and employee commitment? Upon review of several journal articles, research suggests that the outsourcing of key human resource functions such as training, employee benefits, and recruitment has had a positive impact on leadership performance and employee commitment. Human resource professionals indicated the delegation of more complex tasks to third-party administrators has given them the opportunity to practice core competencies with employees which has resulted in a satisfied workforce. Individual Research Project – Preliminary Research Design Managers are required to make decisions in business every day. Making the right decision can mean the difference between a financial gain or loss and retaining or losing valuable employees. Bazerman (2009) states most of our decisions are evolved...

Words: 1888 - Pages: 8

Premium Essay

Organizational Learning

...MGT600-1205A-03: Business Research for Decision Making Unit 1 IP Dr. Anthony Matias MGT600-1205A-03 Christine Blewett Abstract This paper will show the differences and similarities between formal research and a business proposal. After looking at different findings, the differences between both concepts exceed the similarities. It will then look at different studies done by many researchers to support the Hypothesis that Organizational Learning is indeed a predictor of effective strategic management. This paper will present how organizational learning can help managers with their strategic thinking to better execute goals and tasks. In the world today, we are surrounded by millions of businesses. We rely on these businesses for many of our essential needs. They provide us with food, clothes, entertainment and so much more. So, when problems occur in a business, it does not only affect the company itself but us as well. It is crucial that businesses run smoothly, and those who are in command know of solutions when certain problems arise to avoid negative outcomes. Those in charge are often called Business Manager’s. Business manager's come across problems on a day to day basis, whether big or small, managers must resolve these problems by making the right decision(Uma Sekaran, 2010, p. 2). Depending on the dilemma, decisions and solutions can be quite difficult to come up with so a process to make this task easier can be extremely helpful to the manager. Also...

Words: 1624 - Pages: 7

Free Essay

It Is My Opinion, That When Dealing with Future Acquisitions, Financial and Accounting Analysis Is Simply Not Enough. Therefore, It Is My Recommendation That an Aggregate Analytical Approach Include Not Just Fundamental

...9 Formal Reports and Proposals he distinctions between formal and informal reports are often blurred. Nevertheless, a formal report is usually written to someone in another company or organization. Occasionally it is written for a senior manager in the same company, or for someone with whom the writer has little regular contact. Usually it is longer than an informal report and requires more extensive research. Unless you are a consultant, you are unlikely to be asked to write a formal report often. When you are, there may be a lot riding on it— including your reputation. The purpose of this chapter is to show you how to write a formal report and how to put together the kind of proposal that often precedes it. As Figure 9-1 shows, many of the elements of formal reports are the same as those for informal ones.You need to pay the same attention to headings, lists, and illustrations, for example. Although much of the advice in the previous chapter could be duplicated in this one, the emphasis here will be on those areas where there’s a difference. T Figure 9-1 Contrasting Features of Informal and Formal Reports Informal Formal Reader often internal often external or distant within organization Length • usually short • several sections • usually long (3 pages or more) • sections and subsections Tone • personal • contractions • more impersonal • no contractions Summary integrated on separate page Introduction ...

Words: 11089 - Pages: 45

Free Essay

Devry Engl 216 Complete Lourse-Latest 2015 December

...Devry ENGL 216 Complete Lourse-Latest 2015 December (All Discussions All Homework And Complete Course Project) IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-ENGL-216-Complete-Lourse-Latest-2015-December-111325874.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question week 1 Technical Communication at Work (graded) As you read Chapter 1, you will learn that communication skills are critical in the workplace and that technical writing is used in virtually every work environment. For this discussion, locate a technical document from your workplace or from home or the Internet, preferably one that might be found in your career field. Note that Figure 1-1 (page 4) provides a list of technical communication examples. Using the five goals and features of technical communication listed in the textbook (page 4), describe how the document addresses these characteristics. Then, discuss whether or not you feel the document is successful in its overall goal. Provide examples from the document to illustrate. If possible, share the document by posting a link or a PDF of the sample used. Audience Culture and Analysis (graded) As our text states, “one cardinal rule governs all on-the-job writing: Write for your reader, not for yourself” (page 41). This requires a solid audience analysis. As part of this analysis, you must also consider the audience's cultural...

Words: 3667 - Pages: 15

Premium Essay

Chronological Progress Report

...Agency Subject: Progress on Stella Consulting Agency’s formal report on the expansion of American Express International, Inc. in Singapore Stella Consulting Agency has obtained most of the information necessary to decide further strategies on expanding American Express International, Inc. banking business in Singapore. The agency is currently analyzing and organizing the information for the formal report. The formal report will be submitted no later than December 13. Work Completed To investigate the feasibility of American Express International, Inc. expanding operations into Singapore, Stella Consulting Agency submitted a research proposal that defined our topics to investigate a list of preliminary sources. The research proposal includes the problem, country overview, and qualifications sections. Three sources that were discovered have also been included in the methods section. The three sources are: 1. The multi-cultural cosmopolitan city of Singapore is the most competitive in Asia and is officially the world’s easiest place to do business. 2. The Government is well known for its pro-business policy regardless of world economic situations and crisis, while promoting assets such as integrity, quality, reliability, productivity, rule of law and enforcement of intellectual property rights. 3. Government approval is not required for foreigners to do business in Singapore and 100 percent foreign ownership is permitted; however, there...

Words: 398 - Pages: 2

Premium Essay

Research Project Specification

...Module Specification | Code: | BS21116 | Title: | Research Project | Credits: | 15 | Level: | 5 | Administering School: | East Lancashire Business School | Module Leader(s): | Dr Stephen Kirkup | Assessment Split: | Coursework 100% | Recommended precursors: | SS11112 Research Methods | Typical Delivery mode: | In class delivery | Total contact hours: | Typically 45 | Module Description: | This module will provide students with the opportunity to carry out a small scale research project on an appropriate topic. It will build on and extend the knowledge and skills acquired at Level One in the Research Methods module. | Module TLA Strategy: | Learning and teaching is predominantly targeted on an individual basis through on-going supervision. However, to facilitate reinforcement of research methodologies and principles, there will be some formal sessions based on lectures and seminars. This is augmented with the use of peer group based reflections on the ongoing progress and reflection of the research.Assessment1 updated and modified project proposal (20%) and a 2,000 word report on the task/project (80%) | Programme Outcomes to which the module contributes: | A6 A8 C3 C7 C8 C9 C10 C11 C12 | Syllabus: | The students will undertake a programme of self managed study with guidance from their project supervisor.Students will:- * Modify their research proposal (previously generated) * Consider the ethics involved * Apply...

Words: 468 - Pages: 2

Premium Essay

Read on Chapter 9 and 10

...com/shop/6172/ Business W-3120 Read Chapter 9 and 10,answer the qustions.What do you think is the toughest question to get in an interview? How would you answer that question? Detailed responses. Please write more detailes and more words. Chapter 9 Understanding the Report Process and Research Methods Chapter 9 Understanding the Report Process and Research Methods Learning Objectives 1. 2. 3. 4. 5. Identify the characteristics of a report and the various classifications of business reports. Apply steps in the problem-solving process and methods for solving a problem. Use appropriate printed, electronic, and primary sources of information. Demonstrate appropriate methods of collecting, organizing, and referencing information. Explain techniques for the logical analysis and interpretation of data. Chapter Overview After having studied informal communications including letters, memos, and electronic communication, students seem to understand the objective and formal nature of reports simply because of the contrast. Chapter 9 follows a sequence that begins with report characteristics and then covers the four steps in problem solving. Methods of research are presented, with considerable attention given to sampling and designing survey instruments used in normative surveys. Information is included for locating both printed and electronic sources of information. Chapter Outline CHARACTERISTICS OF REPORTS 140 Types of Reports 141 Proposals 143 BASIS FOR...

Words: 425 - Pages: 2

Premium Essay

Reserach Proposal

...HTM 700: RESEARCH METHODS AND ANALYSIS FOR HOSPITALITY AND TOURISM ASSIGNMENT 2 RESEARCH PROPOSAL ASSIGNMENT A research proposal is a short written document to inform others of a proposed piece of research. It is prepared prior to conducting the actual research and submitted to the relevant parties that require it to be evaluated. The relevant parties could be a business organization that hire consultants or offer grants to conduct some specific scientific investigation for them, organization that offers scholarships to students and requires a research proposal as part of the application process or as part of the process in the completion of a Bachelor/Masters/PhD degree. As part of the requirement for the completion of your Research Methodology course, you are required to prepare one research proposal closely related to your area of study. This assignment constitutes 30% of your final grade where 25% will be awarded for the written paper and the other 5% will be awarded for the presentation of your research proposal. You will work individually as a preparation of the real RP you will prepare the following semester. Your completed research proposal must be handed-in during the Week 13, followed by the presentation of the research proposal during the subsequent class period. You are required to prepare your presentation on power-point slides and you are only allocated about 15 minutes to do your presentation. Research Proposal Outline The purpose of the...

Words: 925 - Pages: 4

Free Essay

International Business

... | | | | Submitted by: ZAFAR ALI SHAH | | | CONTENTS Solving the problem * The consultation process * Research proposal * Preliminary scope * Human resources * Financial resources * Physical resources * External research assistance * Research location * Methods used for research * Sample size * Budget * Time frame * Client interview * Research plan * Objectives * Scope * Research methods * Type of data * Sources of data * Data gathering methods * Sampling * Processing methods * Feasibility Introduction: Coles Supermarkets is an Australian supermarket chain owned by Wesfarmers. It has 741 stores nationally, including 45 BI-LO Supermarkets that also stock Coles private label brands, and more than 100,000 employees. Coles was founded by George James (G.J.) Coles when what was called the "Coles Variety Store" opened on 9 April 1914 in Smith Street in the Melbourne suburb of Collingwood. Expansion to more stores occurred and the chain was regarded as leaders in providing value to Australian shoppers (G. J. Coles learned the retail trade working for his father's "Coles Store" business at Wilmot, Tasmania between 1910 and 1913). Coles' interest in food retailing was spurred in 1958 when it acquired 54 John Connell Dickins grocery stores. It then acquired the Beilby's chain in South...

Words: 2028 - Pages: 9

Premium Essay

Pinnacle Towers Acquisitions

...for conducting market research. Once the need is sufficiently defined, the government conducts market research. (Osborne, S., 2011, p.35). Some of the best practices that will need to be a part in market research are contacting knowledgeable persons in government and industry regarding market capabilities to meet requirements. Second, review the results of recent market research to meet similar requirements. Third, querying the government-wide database of contracts and other procured instruments available at www.contractdirectory.gov, as well as other government and commercial databases that provide information relevant to agency acquisitions. Fourth, Obtaining source lists of similar items from other contracting activities or agencies, trade associations, or other sources. And last, publishing formal requests for information on the Federal Business Opportunities website. (Osborne, S., 2011, p.36). 2. Determine what steps the firm could take in the immediate future to be more competitive in the federal acquisition market. In order for Pinnacle Towers Acquisition LLC to become more competitive in the federal acquisition market, the following has to happen; after all the proposals have been assessed, the government will then decide whether to award a contract or not. If a contract has not been awarded the contracting officer will establish a competitive range, which consists of a rank ordering system for all proposals. (Osborne, S., 2011,...

Words: 503 - Pages: 3

Premium Essay

Business Market

...COMMUNICATING WITH CUSTOMERS: BUSINESS MARKETS A Written Report Presented to Prof. Maria Theresa Ranquilman Pamantasan ng Lungsod ng Maynila Intramuros, Manila In Partial Fulfillment of the Requirements for the Degree Master in Business Administration By Analyn P. Deogracias October 2014 Connecting with Customers: Business Markets Organizational Buying It is a decision-making process by which formal organizations establish the need for purchased products and services and identify, evaluate, and choose among alternative brands and suppliers. Business Market versus Consumer Market Business Markets comprises all organizations that buy goods and services for use in the production of other products and services or for the purpose of reselling or renting them to others at a profit. The major industries making up the business market are agriculture, forestry, and fisheries; mining, manufacturing; construction; transportation; communication; public utilities; banking, finance, and insurance; distribution; and services. Consumer Markets is dominated by products and services designed for the general consumer. Industries in the consumer markets often have to deal with shifting brand loyalties and uncertainty about the future popularity of products and services. Differences of Business Market from Consumer Marker Market structure and demand * Business market contain Fewer but larger buyers * Business buyer demand is derived from final consumer...

Words: 1235 - Pages: 5

Premium Essay

Zappos Hrm

...project that allows you to research various HR functions at an organization of your choice has been developed. You can then practically apply the information you have learned to the chosen environment. The organization you select should be of interest to you. It can be where you are currently employed, or wish to be employed. It can also be something that interests you (for example, coffee drinkers can select Starbucks). This must be an organization that is researchable as you need to gather and analyze a variety of information in order to complete the components of your project. If you select an organization with which you are currently associated, it is important to remember that the various analyses you make during the completion of your project must be based on facts that can be documented rather than your personal opinion as an employee. Each project component requires you to research a different aspect of HRM. In addition to gathering the requisite data from the organization of your choice, you are required to research and employ a minimum of four resources (per assignment) to support the content of each assignment. Examples of acceptable choices include informational interviews, scholarly journals, and white papers from professional organizations such as the Society for Human Resource Management (SHRM). As you progress through the project and address the different HR issues covered in the class, you continue to broaden your research and expand the number of your...

Words: 2438 - Pages: 10