Understanding Business And Management Research

Question: Describe about the Understanding Business And Management Research? Answer: Introduction Research methodical approaches are different for the different organization. Inter-organizational collaborations have become an important part of the organizational strategy and to counter with faster business dynamics and risk of uncertainties. The present conditions in the global market have opened the way for using different methodical approaches for analyzing market problems. Research methods include tools like collecting data then filtering them to find the appropriate ones. After that, the correct data are taken from analysis and vague data are trashed out. Different analytical tools and statistical packages are used for derivation and analysis. These techniques help to define the data and derive the full proof analysis of the problems. Research methods are there to make the analysis process more modernize. Modern approaches are helping to define the problems by more practical formulas and statistical packages. Using of graphical representation, diagram, and chart assists in ad ding more dimension to the approach. Statistical packages like SPSS, SAS, advanced Excel, STATA, and R are used to make the analysis more viable and trustworthy. These modern systems have enabled more pathways to interrogate problem cases (Larson-Hall 2015). Literature review of research methodologies 1) First Method (Quantitative) The methods and procedures maintain some rules and regulations in the analysis process. These processes are mainly maintained less plagiarism, procedures to minimize grammatical errors. However, these rules change year after year, but one should be aware when amending the task. The specific aims of methodical analysis are to provide a balanced with on the topic of research. It should be able to provide critical analysis of the research information. A good knowledge of theory and practical are needed for better analysis. The topics related with debate, and general arguments should be discussed in a way that it would reflect in the literature. For masters level project works relevant research method and techniques should be used. The material delivered should be analyzed through qualitative and quantitative methods. The understanding of research reports and the information is needed to improve the quality of the analysis (Liamputtong 2013). Quantitative tools are of enormous importance and instrumental in applying existing management and business theory. Practical problems should be countered by using more data from various authentic sources to make it more trustworthy. The theoretical and practically oriented research adds critical understanding to the body of work of the management task. The methods also include some social activities to promote further awareness to the problem topic. Study and module programs are there to help in further study on the topic of research. The learning outcome must include following models. A proper development of understanding is required for research design. The study should be done in an appropriate manner. Evaluate and justify systemically analyzing the quantitative and qualitative data. Ranges of tools are used to collect information. These instruments are recording, interviewing, reading, collecting data, communication, etc. Skills are also needed to analyze individual problems (Finley 2014). Interpersonal skills: These include skills like readiness to accept responsibility, employee flexibility, openness, etc. Team working: Skills like respecting others, giving proper support to colleagues, contributing to teamwork are included in Team working. Written Skills: Literature knowledge and writing skill are of enormous help in delegating research related tasks. IT Skills: Computer knowledge, knowledge about information technology, familiarity with word processing, spreadsheet, and file management skills is important. Experience in the work environment: Work experience is needed as employees with experience can handle critical tasks more easily than a newcomer. Fresh candidates also need skill enhancement classes, technical support, and skill training sessions to make them aware of the system (Zhu 2014). Numerical Skills: Mathematical knowledge, knowledge about statistics and numerical problem solving in practical contexts are needed to better reinvestment of delivering results. Presentation skills: Ability to deliver the result, approaching clients about their views, co Business awareness: Analyzing facts and situations and applying appropriate solution to counter the problem is needed. A general awareness of the marketplace and the challenges help to minimize problems. There are certain objectives in defining different methodologies used to define problem situations (Pickard 2012). Identify and describe important philosophies that help to analyze business problems and management issues. Outline comparative strengths and weaknesses of the main research methods Evaluate, derive and interpret qualitative data Understand and apply correct statistical packages to perform detailed analysis on quantitative data Present further research-oriented works to help future researchers to understand the depth of the subject matter Critical thinking is needed in verbal and literal form Mainly statisticians to amend any type of analysis use quantitative Methods. They use different statistical packages like STATA, R, SPSS and SAS for analysis. These techniques are perfect for evaluating any problem analysis. The quantitative methods have helped the companies to identify their problems by numerical stats. 2) Second Method (Qualitative) Basic Research Applied Research The purpose is to expand knowledge, using universal principles, relating principles with current problem topic. Significant finding and value analysis in respect to society is also needed. In applied research improved understanding of particular business, related problems are needed. Another key purpose is to look out for result-oriented solutions. Knowledge limited to problems may affect in finding the accurate result, so vast knowledge on the various subject is helpful. Research objective should be to relate the problems in relevance with management and organization. The context of basic research is to undertake result based on people concept. Choice of topic and relevancy of problem should be determined by the researcher. A flexible time scale is also an important aspect in this context. In applied research, the research program is undertaken by people based on the variety of setting included in organization and management. The originator should understand the context of the task. Specific time scales are needed to find in this context. There are four types of research problems can be found. These can be reporting, descriptive, explanatory and predictive. Good research is that where the research has distinguished the set of problems accurately and has clearly defined the symptoms and problems. In a pure research, it is wise to separate clearly the dilemma of research and address the research problem appropriately. The researcher should provide a complete research proposal (Chang-Richards et al. 2012). The research design should be thoroughly done without any mistake. The explanation should be done accordingly to help the audience to understand the construction of problem sample. Sampling methodology and proper data collection are two best procedures to access any difficult problem. There might be some limitations in the analysis, but those need to be told frankly. Frankness shows that the result of the research is trustworthy, and customers can use the result to evaluate the problems. The high ethical standard shoul d be maintained to protect any dissolution in the problem statement of the case. Safeguards are needed to be in place to protect the research results. Some participants, key findings, appropriate clients and validity of the organization should be looked after carefully so that no unethical things arrive. The studys methodology and limitation area should reflect the thought process of the researcher and researcher should give an insight of his thinking in the research paper. It can help the students and readers to see the depth of the problem (Hibbert et al. 2014). Ethics should be there to restrain and concern about the accuracy of the result. An adequate analysis is needed for decision makers to sufficiently analyze the collections of the study. Qualitative methods are mainly theory oriented and specific formulas are followed in analysis purpose. Qualitative methods are concerned about the quality of the analysis. It solely follows to maintain the guidelines when amending the task. The results from the analysis might not be the perfect outcome but it can guaranty about the quality of the task. Third Method (Qualitative + Quantitative) Finding presented unambiguously in the words, tables and graphs. Findings should be logically interpreted. It should logically facilitate research program, and the decision should be taken after mangers evaluation. The conclusion should justify the matched details. Another thing is that researcher should provide own experience and credentials with the report. In research, related topic referencing should be present. Referencing is needed to justify the credential and viability of the findings. It creates a trust factor in the mind of the readers. To assess any problem researcher should use journal articles, books and authentic website sources to help in analyzing the complexity of the problem (Gacula Jr 2013). Theoretical knowledge It is developed by systematic reflection Research knowledge It is manufactured through systematic investigation Practical knowledge It can be developed though taking actions Tools for thinking 1. Concepts 2. Metaphors 3. Models 4. Theories 5. Ideologies 6. Perspectives 7. Assumptions Primary Research tools Secondary research tools Tertiary research tools Reports Theses Conference Emails Company reports Some government journals Unpublished manuscript Journals Books Newspapers Government publications Index Databases Dictionary Bibliography Encyclopedia Catalogues A good review method includes, Explanation Literature should mention and discuss the related problem statements It mentions theoretical ideas and gives further explanations It summarizes previous studies and investigates the current problem statement. Comparison It analyzes previous studies It discusses theoretical ideas mentioned in the pretext of earlier studies Evaluation It demonstrates how the current study fits with previous studies, and it also shows new contributions This process is a mixed procedure followed by the analytic teams for proper analysis. The mixture of quantitative and qualitative methods has been proved as the best method to counter any specific problem. The problem statement analysis and amending the task is a dual responsibility for the statisticians. They are now approaching the task in a mixed manner to enhance the result better than pervious times. Analysis Assumptions Positivism Interpretivism Reality Tangible Socially constructed Research goal Explaining Understanding Knowledge generated General, average and representative Relative meaning Subject research relationship Rigid separation Interactive Focus Average Specific Desired information Should have a particular problem Problems they confront with Method Content analysis Interviews Research design should be made after revaluing these things, Investigate the research problem Attempt to explore the study Explore the objectives Obtain the information Outline procedures for every research activity Guiding the selection of sources Verifying research question The research design is all about, the kind of answers the study is looking for. What techniques have been used. The sampling procedure that is being used, time, and constraints are there to deal with. The design can be classified into four sectors. These are descriptive study and predictive study, cross-selection studies and longitudinal studies (Sderlund et al. 2011). It can further classify into two topical areas; these are statistical studies and case studies. The environmental selection has three perspectives. These are field conditions, laboratory conditions, and simulations (Creswell 2013). Evaluation To evaluate the techniques, there are methods like, Qualitative techniques Elite interviews Primary data Secondary data Surveys Telephonic survey Personal survey Electronic survey Web-based survey Postal survey Focus groups Composition of groups Quality outcomes Two-stage design Exploration Explanation In-depth interviews With students or clients Observation Observing various results and data Descriptive study To answer and to provide accurate account of current state of affairs The main steps in quantitative research Theory Hypotheses Research design Derived measures of concepts Selecting sites for research Selecting respondents Collect data Process data Analyze data Findings Write up findings Findings Concepts are as follows, Building blocks of theory Labels that give elements to social world Categories Useful concepts are, To provide an explanation of a certain aspect of the social world Standing for things, we want to explain Basis for measuring changes and variations To improve response rates to mail questionnaire Good covering letter Mailing Clear instructions Start questions with welcome word Introductory sentence Greetings Open questions Monetary incentives Personalized covering of letter Statistical graphs like histogram, polygon, ogive and pie charts are used for graphical representation. Statistical formulas like Mean, population mean, sample mean, variability, ANOVAs, Range, Variance and central tendency are used for the analysis process. Statistical tools like SPSS are used in this area. IBM has acquired the use of SPSS. It has terms like nominal, Cardinal and scale. Coding is used for each variable to assign numbers. EDA is used to explain and examine descriptive statistics and frequency distribution (De Vaus 2013). Conclusion It can be concluded that use of various methods has helped to analyze any problem more efficiently than previous times. In modern times, many statistical packages have been derived to help the analysis more productive. It has highlighted the importance of using the benefits to good effect. These tools have been precious for keeping the trust factors in the mind of readers and students. Data collection techniques have been a key instrument to collect accurate data from reliable sources to further track down the importance of the problem topic. 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