Introduction To Business Research: ©the Mcgraw-Hill Companies, Inc., 2001 Irwin/Mcgraw-Hill
Introduction To Business Research: ©the Mcgraw-Hill Companies, Inc., 2001 Irwin/Mcgraw-Hill
Introduction To Business Research: ©the Mcgraw-Hill Companies, Inc., 2001 Irwin/Mcgraw-Hill
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Chapter 1
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Research provides you with the knowledge and skills needed for the fast-paced decision-making environment
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Why Managers need Better Click to edit Master title style Information
Slide 1 - 2
Global and domestic competition is more vigorous Organizations are increasingly practicing data mining and data warehousing
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To gather more information before selecting a course of action To do a high-level research study To understand research design To evaluate and resolve a current management dilemma To establish a career as a research specialist
Irwin/McGraw-Hill The McGraw-Hill Companies, Inc., 2001
Reporting
Descriptive
Explanatory Predictive
Irwin/McGraw-Hill The McGraw-Hill Companies, Inc., 2001
Applied Research
Pure Research/Basic Research Business Research
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Following the standards of the scientific method Purpose clearly defined Research process detailed Research design thoroughly planned High ethical standards applied Limitations frankly revealed
Irwin/McGraw-Hill The McGraw-Hill Companies, Inc., 2001
Following the standards of the scientific method (cont.) Adequate analysis for decision-makers needs Findings presented unambiguously Conclusions justified Researchers experience reflected
Irwin/McGraw-Hill The McGraw-Hill Companies, Inc., 2001
Managers obligations
Specify problems Provide adequate background information Access to company information gatekeepers
Researchers obligations
Develop a creative research design Provide answers to important business questions
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Managements limited exposure to research Manager sees researcher as threat to personal status Researcher has to consider corporate culture and political situations Researchers isolation from managers
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