Res 341 Week 1 Current Business Research Paper

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Current Business Research Project Paper Student’s name RES 341 Week 1 February 7, 2011 Instructors name Current Business Research Project This paper will provide a brief definition of business research and the purpose for it. Provide an assessment of process issues and strategies. Provide the type of data collection methods used in a research project. Provide a summation of the case that follows and includes the business problem under investigation. Finely this report will provide a brief conclusion concerning the results from the research. Definition of Business Research and Purpose Research is one of the most important…show more content…
Management needs to realize at the beginning of each project to obtain enough information to analyze and interpret properly is a time-consuming commitment. The project may consume more hours and a larger sum of money to complete with the possibility of needing additional time and money. If the company has, an up-to-date database then implementing use of information from it may save time and money. Once the researching and analyzing is complete then management can decide if the new procedures will be effective if implementation takes place within the company at completion of the study. Data Collection Methods Used in Research Data collection methods include identifying the problem and determining if fixing the problem will benefit more than leaving the problem alone. Selection of a study group is the second step. The study group needs to be critical to provide proper decisions. The task force needs to include people from all departments of the company. Identification of key variables and operational definitions is the next step. Management must determine the analysis and remain a part of it in the beginning. Testing of the measurement system needs to have managements involvement in the beginning also. Use of the gaging system helps measure the product, and is a variable. Be careful about a statistical problems

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