Business Research Methods - Essay Example

Extract of sample
Business Research Methods

It is very tempting to design a data collection form and start collecting data as soon as possible. However this is always a mistake. A lot of energy and enthusiasm is wasted by premature data collection. A Structured Approach has to be adopted to avoid this pitfall.
Research projects always take much longer and are always much harder. A good rule of thumb is to estimate within the time and resources that you have available, play safe and ask a smaller or different question.
Completing a research project is hard work. It takes energy, enthusiasm and staying power from the employees. In a steel company with low productivity, one cannot expect the employees to be enthusiastic.
This is the commonest reason that projects fail, with the usual error being to attempt to answer a question that is too big and too general. Obtaining a concrete answer to a small and specific question is much better than attempting to obtain an answer to a 'big question'.
This is also called a dichotomous scale and takes the form Yes and No questions. The Major draw back of this type is that it can be applied for demographic responses or where a dichotomous response is adequate. Analysis is almost negligible for these types of scales.
This scale is appropriate when there are multiple options but only one answer is sought. ...Show more

Summary

It is often difficult to obtain good advice and supervision for research in a steel company with low productivity where job security is very low among the employees. Good advice and supervision (for trainees) or peer review (for experienced researchers) are a key to successful research.
Author : hbuckridge
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