...Business Research Methods, Part I Nikkei Crowder, Jessica Thompson, Delores Winton QNT/561 Anthony Matias August 13, 2012 Business Research Methods, Part I There are elements needed when conducting research, such as developing a theory and hypothesis, determining an appropriate research design, collecting data, providing analysis of the data, and revising the theory upon results. This paper will develop a research design behind the auto industry bailout and identify a sample design used for collecting data. Organizational Dilemma What was the ultimate cause of the downfall of the auto industry resulting in a bailout? This research question arising from the dilemma in the auto industry is one that many American’s found him or herself asking after the government decided to bail them out of their financial crisis. In 2008, the auto industry found itself in a downward financial spiral. Gas prices reached over $4 a gallon and the credit debacle is only a couple of reasons for the dilemma the auto industry faced. The country was facing a recession and they blame up-and-coming technologies of distracting technologies to validate and continue the old routine and procedure to fill their pockets with money and bonuses to retain the status quo in the industry without any regard to others affected, even if this method compromises their long-term strategy. Roche (2009), “This qualifies as failed management syndrome because they consider themselves royalty and...
Words: 766 - Pages: 4
...Business Research Methods Part One Dwayne Bell, Quorisa Handy, Pamela Williams, and Vernita Williams QNT/561 October 21, 2012 Matthew Radio Business Research Methods Part One Hospital Sunshine has experienced a 30% decrease in patient satisfaction scores. The hospital food services department received the latest scores. The management dilemma is related to the 30% of Medicare reimbursement tied to patient satisfaction (Centers for Medicare and Medicaid Services, 2012). The current poor scores place the contracted company at risk of losing the contract at Hospital Sunshine. The executives have discussed a plan to research and resolve the issues. The team has decided to why there has been a 30% decrease in patient satisfaction in their meals at Sunshine Hospital. Due to the numerous variables in the tray line and food service delivery the team reviewed the break down questions. The lowest scores of 70% out of 100% were seen in the temperature of the food delivered. The team has decided to research the lowest scoring variable. The research question is: How can we increase patient satisfaction by getting the food to the patient at the right temperature? Research Design –Que According to our readings, a research design is the strategy for a study and the plan by which the strategy is to be carried out. It specifies the methods and procedures for the collection, measurement, and analysis of data (Cooper & Schindler, 2011). The research design that is appropriate...
Words: 495 - Pages: 2
...Business Research Methods Paper 603 Submitted By: Divjot Kaur 1.1 Type of Interview For the purpose of this research Alexander chose semi structured face to face interview with the board of directors of chamber of commerce. To collect the primary data Alexander has to plan a semi structured interview with the board. Steps * Draft a questionnaire which will be presented in front of the board of directors * Fix an appointed with the board of directors * Interview the board of directors Scope and benefits 1. Firsthand information for investment decision making purpose. 2. No technological distractions or interference 3. On spot clarifications on questions and comments or concerns 4. Reliability of data provided by industry experts and chamber of commerce 5. Sufficient information will be available in hand for decision making 1.2 Face to face Interview Key attributes of face to face interview 1. Adaptability: One of the key attributes of face to face interview is adaptability. The interviewer can adapt their questions according to the respondent’s answers and can sought clarifications on any given topic. This gives the interviewer an opportunity to probe which is particularly important when the interviewer need clarification on particular research topic. The interviewer can ask further questions and request the interviewee to be more detailed and explicit during the face to face interview. For example for evaluation the highest...
Words: 1584 - Pages: 7
...Business Research Methods – Part I University of Phoenix July 5, 2010 Introduction Business research is very important in solving business related problems. Business research, “is a process of planning, acquiring, analyzing and disseminating relevant data, information, and insights to decision makers in ways that mobile the organization to take appropriate actions, that in turn, maximize business performance” (Cooper & Schindler, 2006). Nonprofit organizations are currently having a tough time in this economy because of budget cuts. One place in particular suffering is the YMCA. This business research plan will form a research question, which arose from this dilemma as well as define the problem the YMCA is currently having. Along with the research question, an appropriate research design will be defined in order to try to fix the problem appropriately and then a sample design used for collecting data will be defined. Research Question Development When conducting research of any kind, it is crucial to address any potential problems that may arise to ensure that an organization is operating at its optimal level. Because of the turmoil in the economy, nonprofit organizations all over the nation are experiencing a tough time due to budget cuts. In addition to a lower budget there has been a significant decrease in employee satisfaction possibly due to a decrease in raises and incentives for YMCA employees. Finally, there has been an increase in employee absenteeism...
Words: 694 - Pages: 3
...Business Research Methods, Part II We have collected data to look at specific and appropriate waiting times for consumers in fast food drive-thru lines. The team was asked to collect a sample design and provide the collection methods to maintain our data validity. We prepared a survey for the appropriate wait times, and in doing so we came up with a customer questionnaire and an appropriate sample size to justify our decision. We were asked to classify the data in order of power. We first had to decide what our problem was, then create a question to base our research on. Research Question We first determined what type of research questions to ask and from what point of view. Looking at customer service we wanted to consider a place that deals with thousands of customers a day and is well known to make research easier. We decided on McDonald’s and the satisfaction customers have with their wait in drive thru and service. The research question is, “How can restaurants like McDonald’s lessen the wait time in the drive-thru to maintain or increase sells?” Research Design & Method After determining the research question it was time to determine the research design. We had to take a look at how we were going to go about retrieving the information and the method we were going to use to observe the results. The first part of our research design was to determine the objective. Our objective is to use a formal study due to the fact that we have already determined our research question...
Words: 875 - Pages: 4
...Business Research Methods, Part III Robert LaFond, Taylor Norman, Zephyr Scott, Vennita Watson QNT 561 May 13, 2013 Sripathi Nilkar Introduction As Ford Motor Company continues to seek ways to improve its current hybrid vehicles, the company will conduct a statistical analysis of the results of the questionnaires returned by its customers. Through this analysis, Ford Motor Company will be able to identify challenges that the company faces as well as the steps needed to reduce these challenges and improving both the company’s product and image. Statistical Analysis The results gathered from the questionnaire immensely helped Ford understand new aspects of an improved Hybrid vehicle. Subject 1 was the owner of a 2010 Ford Fusion Hybrid. Subject 1 has had 4 scheduled maintenance jobs performed on the car in the past year. On average, Subject 1 only drove 100 miles per week. Usually, scheduled maintenance is performed depending on the gas mileage of the car i.e. oil changes, tire rotation and balance, etc. Subject 1 took good care of their car over the past year, but still had two serious additional car problems. The 2010 Ford Fusion Hybrid costs Subject 1 on average $127.06 a week in gasoline. This customer is only satisfied at level 3. Being that this is only a three year old car, these problems point to inefficiencies with manufacturing. Both are costly for the owner to replace. Subject 2 is the owner of a 2012 Toyota Prius. Scheduled maintenance was performed...
Words: 1461 - Pages: 6
...COMPANIES IN MALDIVES BUSINESS RESEARCH METHODS AIHAM MOHAMED AHMED TP029473 Table of Contents CHAPTER 1 3 1.1 ITRODUCTION 3 1.2 BACKGROUND OF THE STUDY 3 1.3 STATEMENT OF THE PROBLEM. 4 1.4 RESEARCH OBEJCTIVES 5 1.5 SIGNIFICANCE OF THE STUDY 6 1.6 SCOPE OF FEASILBILTY OF THE STUDY 7 1.6.1 SCOPE 7 1.6.2 FEASIBILITY OF THE STUDY 7 CHAPTER 2- LITERATURE REVIEW 8 2.1 DEFINITION OF FORENSIC ACCOUTING. 8 2.2 IMPORTANCE OF FORENSIC ACCOUNTING IN LISTED COMPANIES IN MALDIVES. 9 2.2 FORENSIC ACCOUNTING HELPS TO ELIMINATE CORRUPTION. 10 2.3 FORENSIC ACCOUNTING INFLUENCES THE ORGANIZATIONAL PERFORMANCE 11 2.3 CURRENT SITUATION IN MALDIVES. 12 CHAPTER 3 – RESEARCH METHODOLOGY 14 THEORETICAL FRAMEWORK 14 3.2 TYPES OF DATA 16 3.3 SAMPLING DESIGN 17 3.4 DATA ANALYSIS 17 3.5 HYPOTHESIS TESTING 18 4. CONCLUSION 19 REFERENCE 20 IMPORTANCE OF IMPLEMENTING FORENSIC ACCOUNTING IN LISTED COMPANIES IN MALDIVES. CHAPTER 1 1.1 ITRODUCTION The main purpose for this research to be carried out is to investigate the importance of forensic accounting in the business world, and how important it is to implement a solid forensic accounting system in the listed companies in Maldives. This chapter provides an overview of the study that contains the background of the study, the statement of the problem, research objectives, significance of the study the limitations faced while doing the study and the scope in which the research had been carried out...
Words: 5253 - Pages: 22
...Business Research Methods Kim Smith QNT/561 June 25, 2012 Leda Villalobos Business Research Methods Wal-Mart is the world’s largest retailer but revenues are on a consistent growth trajectory, cost of sales has also been increasing (Consolidated Statements of Income, 2011). One strategy to leverage revenue growth against the risk of increasing expenditure may be to use current assets in new ways. The boutique-within-the- store concept will apply current infrastructural and personnel resources to reach a demographic with greater disposable income. The target market will be working women with young families who can purchase an item suitable for work, picking up children from school or daycare, and with a few accessories she is ready for an evening out. The product offering will compete with Dress Barn and Cato and be similar to that of Target’s new marketing thrust. The research question will emanate from analysis that applies the Management Research Question Hierarchy and further tested for alignment with the management dilemma. The research design will establish the feasibility of proposed solutions to the management problem through a stratified random sample of Wal-Mart customers. Background Information Wal-Mart was founded in 1962 with the opening of the first Wal-Mart discount store in Rogers, Arkansas (Wal-Mart Corporate, 2012). The organization has grown and is established in 27 countries in which it operates under 69 banners employing over 2.2 million...
Words: 1271 - Pages: 6
...BUSINESS RESEARCH METHODS PROJECT ON GALLUP INTRODUCTION Gallup, Inc. is a research-based, global performance-management consulting company. Founded by George Gallup in 1935, the company became famous for its public opinion polls, which were conducted in the United States and other countries. Gallup works with major businesses and organizations around the world. In 1988, four years after George Gallup died, Selection Research (SRI) purchased the company from its heirs. SRI wanted the Gallup name to use on its polls, which gave them more credibility and higher response rates. Today the poll is used to gain visibility. Some of Gallup's key practice areas are employee engagement, customer engagement, talent management, and well-being. Gallup has nearly 40 offices in more than 20 countries. World headquarters are in Washington, D.C. Operational headquarters are in Omaha, Nebraska. Gallup's current Chairman and CEO is Jim Clifton. Gallup delivers forward-thinking research, analytics, and advice to help leaders solve their most pressing problems. Combining more than 75 years of experience with its global reach, Gallup knows more about the attitudes and behaviors of the world's constituents, employees, and customers than any other organization. Gallup consultants help private and public sector organizations boost organic growth through measurement tools, strategic...
Words: 3411 - Pages: 14
...Programme in Management Course Outline Course Title | BUSINESS RESEARCH METHODS | Instructors | Dr. Arun Abraham Elias | Course Credit | | Total no. of sessions | 8 | Session Duration | 75 minutes | Term | III | Year | PGP 17, 2013-2015 | Introduction Business research can be described as a systematic and objective process of gathering, recording, and analysing information that assist in managerial decision making. It comprises a series of steps including: identifying the problem or opportunity for research; undertaking a literature review; developing or extending a conceptual or theoretical framework; establishing the research objectives, research questions or hypotheses for testing; preparing a research design; gathering information and data; analysing and interpreting the data and findings; and providing results in a form that will help the manager deal with the situation and/or adds to the business and management literature. In essence, business research provides the needed information that guides managers to make informed decisions to successfully deal with problems or opportunities. This course provides an overview of the research process, and an introduction to a range of methods and approaches utilised in business research. Course Learning Objectives By the end of this course, students should be able to: * Appreciate the importance of the research process inherent in business and management decision-making; * Understand some...
Words: 562 - Pages: 3
...Business Research RES/351 September 3, 2013 Business Research Ethics Boeing Missile Defense System Unit, located in Chicago, Illinois, terminated the employment of both the company’s top financial executive Mike Sears and newly hired Vice President and Deputy General Manager Darleen Druyun after violating company policies by communicating with each other in regards to future employment decisions before Druyun terminated her employment with the United States government, which was a direct conflict of interest for the Boeing Company and the United States government. Boeing Missile Defense System Unit manufactures and distributes commercial aircraft and defense aircraft. One of Boeing’s biggest consumers happens to be the United States government. Mike Sears and Darleen Druyun provided each other with very important and confidential information that could make or break the both of their future career opportunities. This information shared between Sears and Druyun could destroy the Boeing Missile Defense System Unit financially as well. Mike Sears held top positions in each of Boeing’s top businesses in commercial aircraft and defense aircraft. He was also being considered as successor of 62 year old Phil Condit as CEO of the Boeing Company. Prior to Darleen Druyan’s employment with the Boeing Company, she served as Principal Deputy Assistant Air Force Secretary for Acquisition and Management for the United States Government. After an internal investigation was completed...
Words: 554 - Pages: 3
...Research Methods –STA630 VU Research Methods (STA630) Contents Lesson 1: INTRODUCTION, DEFINITION & VALUE OF RESEARCH ........................ 14 What is Research?................................................................................................................... 14 What is the value of Research? ............................................................................................... 14 Research helps in developing methodologies ......................................................................... 15 We are surrounded by research............................................................................................... 16 Lesson 2: SCIENTIFIC METHOD OF RESEARCH & ITS SPECIAL FEATURES ...... 17 Important Characteristics of Scientific Method ...................................................................... 17 1. Empirical......................................................................................................................... 17 2. Verifiable ........................................................................................................................ 18 3. Cumulative ..................................................................................................................... 18 4. Deterministic.................................................................................................................. 18 5. Ethical and Ideological Neutrality ............................................................
Words: 85920 - Pages: 344
...Business research involves the systematic and objective process of gathering data and transforming it into useful information. The research process is not confined around a single universal methodology. Infact it differs from one research study to another depending on the purpose of the research, the industry/ sector of the client company concerned, the research method/ tools used etc. As the research process differs, researcher faces different problems and issues pertaining to the research at almost every stage of the research process. It is important to note that the research problems are more complicated in studies involving subjective issues such as customer satisfaction surveys because in such a study, the quality and effectiveness of the service/ product varies among different customers depending on the customer''s perceived value of the offering, their prefferences and varying needs and demands. One of the most common problem the researcher faces are budgetary constraints. This occurs in almost all the business researches regarless of the company sector, nature of the problem, the location where the study is conducted etc. However, budget constraints are higher when researches are conducted for SME (Small and medium enterprise) clients. Such clients have limited budget for such research activities as the company needs to ensure that the value generated by the research activity exceeds the cost involved in conducting the research. Depending on their project...
Words: 2734 - Pages: 11
...showing emotions, solving problems, and constructing its society. 1. What is a primary research question? A research question is the fundamental core of a research project, study or review of literature. It focuses the study, determines the methodology and guides all stages of inquiry, analysis, and reporting. A primary question is the one driving thought behind a research project. It should represent the entire reason for the study. Primary questions are important because how well a researcher meets the goals of the primary question will often be the criteria by which the research will be evaluated. The primary question should be a carefully worded phrase that states exactly the focus of the study. Under the case being study, the primary research question for this case study is:- Does Thai culture have direct influence towards employee involvement in Management? . 2. Frame few research objectives for this study? Research objective are the results sought by the researcher at the end of the research process, i.e. what the researcher will be able to achieve at the end of the research study. Research objective is a clear, concise, declarative statement which provides direction to investigate the variables. It focus on the ways to measure the variables such as to identify them and identifying the relationship or difference between two variables. The research objectives for this study are:- a. To examine the assumptions behind the...
Words: 4378 - Pages: 18
...e eBook Collection RESEARCH METHODS FOR BUSINESS A Skill-Building Approach Fourth Edition Uma Sekaran Southern Illinois University at Carbondale John Wiley & Sons, Inc. http://www.wiley.com/college ACQUISITIONS EDITOR MARKETING MANAGER SENIOR PRODUCTION EDITOR SENIOR DESIGNER PRODUCTION MANAGEMENT SERVICES COVER IMAGE Jeff Marshall Ilse Wolfe Patricia McFadden Harry Nolan Hermitage Publishing Services José Ortega/Stock Illustration Source This book was set in 10/12 Garamond by Hermitage Publishing Services and printed and bound by Malloy Lithographing, Inc. The cover was printed by Von Hoffmann Press, Inc. This book is printed on acid-free paper. Copyright 2003 © John Wiley & Sons, Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 750-4470. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 605 Third Avenue, New York, NY 10158-0012, (212) 850-6011, fax (212) 850-6008, E-Mail: PERMREQ@WILEY.COM. To order books please...
Words: 136265 - Pages: 546
