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Formal Research

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Formal Research
Part 1 - Formal Research and Business Proposals
Part 2 - Outsourcing Effect on Leadership Performance and Employee Commitment
Valerie H. Montalvo
American Intercontinental University

Abstract
The purpose of this research paper is to outlines important and high level differences between the formal research and business proposals and several applications in business for both. There are differences and similarities that include the definition of the issue and the written approach to resolution. This research paper will highlight and discuss some of the commonalities and differences of formal research and a business proposal, as well as outlying how to apply each in the business environment. Both concepts are crucial and very important and there quite a bit of unfamiliarity of the business proposal and at what point is required or should be used and necessary. In addition, this paper will highlight the steps of formal research and a business proposal and how each theory works independently and in combination.

”Formal Research” v. “Business Proposal”
Formal research is a method of carefully conducting an investigation of a specific issue at hand which requires answers and prepares to deliver an optimal solution. Formal research tends to formally test and demonstrate hypothesis; whereas a business proposal is a recommendation of a detailed investigation and its purpose is to arrive at an optimal resolution or path for the specific issue at hand or situation. A The Business Proposal should always include a general description of the issue or task at hand, provide a general approach or resolution, an overall schedule or timeline, pros and cons, and budget outlining expenses. Although, business proposals and formal research are two completely unique documents, in corporate America each has its own defined purpose.
According to Sekaran (2010), formal research is development one or more answer to a specific issue problem at hand, which will require



References: * Allegretto, 2005; Davis & Steen, 2003; Drezner, 2004; Faber, 2005; Iroegbu, 2007; Kobayashi-Hillary, 2004; Lacity & Willcocks, 2001; O’Meara 2003; Shao & David, 2007; Thottam, 2003). * A simple proposal formula. Online, Captureplanning.com. Retrieved March 29, 2011 from http://www.captureplanning.com/articles/11562.cfm * Impact of HR Outsourcing on Business Performance by Ruth Mayhew, Demand Media. Online Retrieved from http://smallbusiness.chron.com/impact-hr-outsourcing-business-performance-2505.html * Oshima, M., Kao, T., & Tower, J. (2005). Achieving post-outsourcing Success. Human Resource Planning, 28(2), 7-11. Retrieved from Business Source Complete database. * Research Method and Processes (2007). In Encyclopedia of Management Online.(Pr-Sa) Retrieved March 29, 2011 from http://www.referenceforbusiness.com/management/Pr-Sa/Research-Methods-and-Processes Sekaran, Uma & Bougie, Roger. (2010). Research Methods For Business (5th ed.), West Sussex, United Kingdom: Wiley Sowinski, L. L. (2011). The next generation of outsourcing. World Trade, WT 100, 24(8), 36-38. Retrieved from http://search.proquest.com/docview/881645148?accountid=144459

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