Grc 605 Mini Project - Research
Mini Project One
Gale L. Goodman-Floyd
GRC 605; Business Research Methodology & Quantitative Statistics
California InterContinental University
Dr. Peter Nanopoulos
Introduction
The nature of business breed conflicts, obstacles and problems to discover, study and overcome. Every business has problems. They may be small or big problems in small businesses or global corporations, but they are still problems and all require attention. These businesses must address problems by identifying, analyzing and ultimately establishing their own research-based decisions and pursue actions for solutions to the problems. Business supervisors, managers and virtually all realms of leadership are constantly studying and analyzing such business issues. Organizational leadership is intimately involved in different forms of Business Research while they are addressing issues in their decision making processes towards their own business environment for the good of the company.
The purpose of this paper is to apply a critical evaluation of the California InterContinental University (CalU) GRC 605, Mini Project for week one in the Business Research Methodology & Quantitative Statistics course (CalU, 2012). This paper will address the importance of business managers embracing the concept that research initiatives are vital to achieve and maintain a competitive business advantage. Discussion in this paper includes general and specific definitions of good and bad forms or research. Finally, this paper will explain the Research Process and provide relevant examples.
Explain the Importance of Research The saying goes that those who ignore history are doomed to repeat it. The business leadership may be highly educated and accomplished in their specific industry. However, failure to keep up with business research in the industry they are operating in may result in missed opportunities to increase or even maintain optimum company revenue. Knowledge of business
Gale L. Goodman-Floyd
GRC 605; Business Research Methodology & Quantitative Statistics
California InterContinental University
Dr. Peter Nanopoulos
Introduction
The nature of business breed conflicts, obstacles and problems to discover, study and overcome. Every business has problems. They may be small or big problems in small businesses or global corporations, but they are still problems and all require attention. These businesses must address problems by identifying, analyzing and ultimately establishing their own research-based decisions and pursue actions for solutions to the problems. Business supervisors, managers and virtually all realms of leadership are constantly studying and analyzing such business issues. Organizational leadership is intimately involved in different forms of Business Research while they are addressing issues in their decision making processes towards their own business environment for the good of the company.
The purpose of this paper is to apply a critical evaluation of the California InterContinental University (CalU) GRC 605, Mini Project for week one in the Business Research Methodology & Quantitative Statistics course (CalU, 2012). This paper will address the importance of business managers embracing the concept that research initiatives are vital to achieve and maintain a competitive business advantage. Discussion in this paper includes general and specific definitions of good and bad forms or research. Finally, this paper will explain the Research Process and provide relevant examples.
Explain the Importance of Research The saying goes that those who ignore history are doomed to repeat it. The business leadership may be highly educated and accomplished in their specific industry. However, failure to keep up with business research in the industry they are operating in may result in missed opportunities to increase or even maintain optimum company revenue. Knowledge of business
References: Bougie, R., Sekaran, U. (2009). Research and markets: Research Methods for Business - A skill Building Approach. (5th Ed). John Wiley & sons Ltd Publishing. California InterContinental University. (2010, Jun 16). Study Guide, GRC 605, Research and Markets: Research Methods for Business – A Skill Building Approach, 5th ed. Gorelick, D. (1993). Good Research has Obvious – and Not So Obvious Benefits. Marking News, 27(19), 16-16. Retrieved 14 January 2013 from http://search.proquest.com/docview/216424702?accountid=35996 Zimmerman, Kim Ann. "What is a Scientific Hypothesis? | Definition of Hypothesis | LiveScience ." Science News – Science Articles and Current Events | LiveScience . Live Sciences, 10 July 2012. Web. 17 Jan. 2013. <http://www.livescience.com/21490-what-is-a-scientific-hypothesis-definition-of-hypothesis.html>.