Research
Question 1: Why should a manger know about research when the job entails managing people, products, events, environments, and the like?
Answer:
Research simply means a search for facts – answers to questions and solutions to problems. It is a purposive investigation. It is an organized inquiry. It seeks to find explanations to unexplained phenomenon to clarify the doubtful facts and to correct the misconceived facts. Research is the organized and systematic inquiry or investigation which provides information for solving a problem or finding answers to a complex issue.
Research in business:
Often, organization members want to know everything about their products, services, programs, etc. Your research plans depend on what information you need to collect in order to make major decisions about a product, service, program, etc. Research provides the needed information that guides managers to make informed decisions to successfully deal with problems.
The more focused you are about your resources, products, events and environments what you want to gain by your research, the more effective and efficient you can be in your research, the shorter the time it will take you and ultimately the less it will cost you.
Manager’s role in research programs of a company:
Managing people is only a fraction of a manager's responsibility - they have to manage the operations of the department, and often have responsibilities towards the profitability of the organization. Knowledge of research can be very helpful for a good manager.
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Question 2:
a. How do you evolve research design for exploratory research? Briefly analyze.
b. Briefly explain Independent, dependent and extraneous variables in a research design.
Answer:
a. Research design for exploratory research:
Research simply means a search for facts – answers to questions and solutions to problems. It is a purposive investigation. It is an organized
Answer:
Research simply means a search for facts – answers to questions and solutions to problems. It is a purposive investigation. It is an organized inquiry. It seeks to find explanations to unexplained phenomenon to clarify the doubtful facts and to correct the misconceived facts. Research is the organized and systematic inquiry or investigation which provides information for solving a problem or finding answers to a complex issue.
Research in business:
Often, organization members want to know everything about their products, services, programs, etc. Your research plans depend on what information you need to collect in order to make major decisions about a product, service, program, etc. Research provides the needed information that guides managers to make informed decisions to successfully deal with problems.
The more focused you are about your resources, products, events and environments what you want to gain by your research, the more effective and efficient you can be in your research, the shorter the time it will take you and ultimately the less it will cost you.
Manager’s role in research programs of a company:
Managing people is only a fraction of a manager's responsibility - they have to manage the operations of the department, and often have responsibilities towards the profitability of the organization. Knowledge of research can be very helpful for a good manager.
________________________________________
Question 2:
a. How do you evolve research design for exploratory research? Briefly analyze.
b. Briefly explain Independent, dependent and extraneous variables in a research design.
Answer:
a. Research design for exploratory research:
Research simply means a search for facts – answers to questions and solutions to problems. It is a purposive investigation. It is an organized