...Opportunity: The Applied Research Technologies’ general manager, Peter Vyas alongside his team tried to launch the Filtration Unit Program twice but failed. Peter still managed to rebuild a low morale and a high turnover Unit selecting entrepreneurial minded people and the team was awarded two million dollars to finish their project. He ensured that it is a success after all their unsuccessful attempts it faced. They would at least for the first time celebrate a great innovation and achievement that is designed to help a lot of people both in developed and developing countries. Business and management strategy: first of all, they have to implement steps that would enable the plan to accommodate the two million dollar funding from the division for RIMOS. Secondly, the unit needs to go through extensive testing to pick out any possible flaws before it tries to launch the product for the third time. The unit should ask for assistance from its other IT specialists in other divisions within the organization to conceptualize if they can come up with the perfect product. Management venture, stage, and industry: The management exemplified a team that was right for this venture. Peter Vyas possessed knowledge by realizing the need and purpose for this project. Although, he had experienced two failed junctures in hopes of introducing the RIMOS idea but he was determined to resolved the kinks which contributed to his previous failures. Despite the pressure and uncertainty of his job depending...
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...Applied Research Technologies Applied Research Technologies was an up and coming technology company. It was for through the acquisition of many smaller technology companies to make one large company that could compete in the changing world of technology. The Filtration Unit was part of one of the businesses it had acquired from and oil and gas company in 1996. In 2001 this unit was taken over by Peter Vyas. His job was to bring this unit back to life. His boss was a newly promoted VP named Cynthia Jackson. It was her job to cut ties with anything that was making the company lose money and the filtration unit was potentially one of those units. Both individuals were placed in their positions because of their leadership ability but each had their own approach on how to lead their team. Peter was given the task of running the filtration unit. When Peter came to the unit, it was in disarray. It had many problems of which two of them was a high turnover rate and low morale. He quickly started to address both task when he assumed the leadership position over the filtration unit. He began filling the vacancies with people he knew and could trust. He wanted to assemble a team that he could trust to do the job and not have to look over their shoulders at all times. This type of leadership style would be closest to the empowerment style. This is because even though Peter was in charge of the whole program, he allowed his people to work as a unit and make decisions on how to do the...
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...Applied Research Technologies, Inc. Abstract This assignment will apply the concepts of project leadership to implement sound leadership practices and effectively lead high-performance teams in a project environment. It will also determine the most appropriate leadership style during the project environment described within the case. In conclusion, the assignment will describe my personal leadership style and one of my bosses. Applied Research Technologies, Inc. Introduction The brief case given, Applied Research Technologies, Inc., displayed many characteristics of leadership styles. The main roles described were by the project manager, Peter Vyas, and his boss, Cynthia Jackson. Throughout the case, each of them experienced scenarios that exemplified their unique style. In the next couple of pages the specific course learning outcomes associated with the assignment described in the abstract will appear and in conclusion I will express my own style. In conclusion, I will describe one of my bosses that exhibited the same types of behaviors as Cynthia. Peter Vyas Peter Vyas displayed many leadership styles throughout his experiences. Upfront Peter knew how this project would affect his own personal credibility and that of the entire team, but knew his team had worked tirelessly to make this project a reality. The one that stood out mostly and caught my attention was that of the participative leadership style. Participative leadership style...
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...supportive behavior” (James, 2003). In working with his team, Vyas demonstrates this type of behavior when forming his team. He ensured to hire individuals who he felt had the experience and knowledge in the areas of the work and was vital to the Filtration Unit’s task of product development. Vyas showed trust in his team’s abilities and capabilities by giving them the opportunity to work independently and make decisions to produce a valuable product. He gained the trust of the leadership team by keeping himself updated on all important areas of the project and knew based on his team’s findings that the project was worth pursuing financially. Vyas leadership style and keenness was proven when he hired Janice Wagner to perform market research on the project. Vyas directive and delegating style of leadership as the team leader to Wagner and her six person team proved successful in trying to launch the single new product or concept in the Infiltration Unit. Once Vyas received the information he had complied together with Janice Wagner he reached out to get approval for a third and final time to launch the product under this direction. What leadership style did Vyas’ boss, Cynthia Jackson, exhibit as she considered the proposal? Cynthia Jackson shows more of a consultative style of leadership. This style of leadership deals with a “strong emphasis on the supportive dimension, but there is still a high emphasis on the task itself” (James, 2003, p. 82). Cynthia Jackson...
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...Business research, is a systematic inquiry that provides information to guide managerial decisions. More specifically, it is a process of planning, acquiring, analyzing, and disseminating relevant data, information, and insights to decision makers in ways that mobilize the organization to take appropriate actions that, in turn, maximize performance return on investment (ROI). At its most simplistic, when we measure ROI, we calculate the financial return for all expenditures. Increasingly, organizational managers want to know what strategies and tactics capture the highest return. management dilemma, the problem or opportunity that requires a management decision. Several factors should stimulate your interest in studying research methods: 1 1. Information overload. Although the Internet and its search engines present extensive amounts of information, the information’s quality and credibility must be continuously evaluated. The ubiquitous access to information has brought about the development of knowledge communities and the need for organizations to leverage this knowledge universe for innovation—or risk merely drowning in data. 2. Technological connectivity. Individuals, public-sector organizations, and businesses are adapting to changes in work patterns (real-time and global), changes in the formation of relationships and communities, and the realization that geography is no longer a primary constraint. With the increased acceptance and use of mobile technology, information...
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.../ Programme of Research by University Students Students conducting PG Independent Scholarship (PG IS), UG Applied Research Project (UG ARP), UG Maths Projects (UG MP) or Learning-through-Work (LTW) projects must complete this form and submit to their project supervisors for approval. After initial approval, project supervisors need to submit these forms to PG IS, UG ARP, UG MP or LTW coordinator who would then submit these to the Chair of the Computing Ethics Committee (CREC) for further consideration. Students conducting PG Research projects (eg MPhil, PhD etc) must also complete this form and submit to their research supervisors for approval who would then submit these to the Chair of the CREC for further consideration. Feedback on your application will be via the Project/Research Supervisor. 1. Your Name: | | 2a. Programme name and code: BSc (Hons) Information Technology (G502)2b. Your student ID: | 3. Contact Info | Email: Tel No. Address: | 4. Module name and code | Applied Research Project | 5. Name of project/research supervisor: | 6. Title or topic area of proposed study: Assessing the benefits and fears of Cloud computing for the Small and Medium Enterprises | | 7. What is the aim and objectives of your study? | The aimThe aim of this study will be to perform an assessment of the extent of benefits and the chances of problems that might arise when organisations use this technology and therefore to...
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...1 Kolb-01.indd 1 Introduction to Uses and Methods of Marketing Research 2/7/2008 6:10:15 PM Kolb-01.indd 2 2/7/2008 6:10:16 PM 1 1 2 3 4 5 Introduction to Marketing Research Learning Objectives Recognize that research is an integral component of marketing strategy Define marketing research Describe the development of marketing research as a profession Explain how marketing research is incorporated into the marketing plan Discuss the importance of conducting ethical research WHAT MOTIVATES YOUNG PEOPLE TO BUY? AUTOMAKERS NEED TO KNOW! Surprisingly 6 per cent of all US car sales are made to people 16 to 24 years old. Because this is a sizeable target market segment, automobile companies have spent millions on design and advertising trying to win this segment’s brand loyalty. However, the distinctive stylish designs created for the Pontiac Aztek, Chrysler PT Cruiser and Toyota Echo failed to interest young potential auto buyers. Why did the cars fail to attract buyers? CNW Marketing Research studied young auto buyers to learn what really motivates them to purchase. They found that the average price of autos purchased by this group was only $15,000. The research found that young people were interested in style, but first wanted low price, good value and long warranties. Was the research correct? The South Korean company Hyundai Motors produced two cars that offered these benefits. When the automaker introduced the Accent (priced at $10,000) and the Elantra...
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...Researching Assignments ITT-Technical Institute Researching Assignments The benefits of undergraduate research is that the student will go into deeper understanding of the material that has been presented for the assignment. We need to go out and find the resources available to us and it will give more in depth results. With Itt Tech, there are many tools and resources available to us for free and we just need to use them. There are numerous benefits for undergraduate students who get involved in research. The benefits of researching will give us an opportunity to show our strengths in being able to find the information that is presented to us. Researching information gives us the experience to allow us as undergraduate students to better understand information and resources available, we also have the opportunity to gain skills such as informative and rhetorical writing, we can also gain the skills of performing searches to find the information that is needed for our writing assignment, and it also prepares us for our professional careers when we need to research information and present it. With this exposure to research as students, many students develop a knack for researching information and may continue on to pursuing careers with researching as their main job function. It did surprise me that a person could write this much on this subject. I never understood how in-depth this subject could get. This was a very inspiring article. This article was good to read since...
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...2. Applied research has a practical problem-solving emphasis. Applied research applies research to discovering solutions for immediate problems or opportunities. Pure research or basic research is also problem-solving based, but in a different sense. It aims to solve perplexing questions or obtain new knowledge of an experimental or theoretical nature that has little direct or immediate impact on action, performance, or policy decisions. Applied research will find out how compensation (salary or commission) would affect the company revenue. Pure research might study the influence on the sales that pay by commission versus salary. 3. Explanatory research answers the questions of "why" and "how" something happened. It establishes a cause and effect relationship between two variables. Hence, the research explains. For example, the research shows a relationship between the increased presence of police patrols in certain cities versus the reduction of crimes. Predictive research is involved with the forecasting (predicting) of a likelihood of something happening. This research usually begins with, or leading to, finding what will happen, given that some baseline is already known. This research usually involves some form of human behavior decision or condition. For example if we know that teens in intercity schools, aged 13-16, are prone to high dropout rates, predictive research might assess (predict) a relationship between age or gender and not graduating from high school...
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...is obtainable in the new specified market (U.S. regions with governmental restrictions for irrigation). Vyas knows that he’s facing a critical decision, but he’s confident that his project is going into the right direction and that is necessary to go forward for the survival of the division and to recover full trust. In order to obtain the additional $ 2 million funds, he needs to satisfy Cynthia Jackson’s request, adding specific data about costs, sales and targets, so that the business plan will be clearer. To convince the vice-president, Vyas should demonstrate how the additional investment could be useful to implement the project, for example: an increase of $ 2 million in advertising expenditures, will educate customers to the new technology and will help people understand how their lives will be simplified by RIMOS, with a consequent increase in demand. Cynthia Jackson, vice-president of ART’s Water Management Division, has to decide on the commercialization of the mini-oxidation system, compromising the survival of the Filtration Unit. Jackson has got several reasons to reject the project: the product launch is too risky because it may not be accepted on the market, its price is too high, costs of production and distribution are huge and the expenditure request is considerable. In addition we can’t forget that the Filtration Unit has been unprofitable during the last 5 years and lots of colleagues suggested her to...
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...Current Events in Business Research RES/351 February 29, 2016 Current Events in Business Research For the purpose of this paper, we were asked to select an article in the University Library that contains a research study in a functional area of our own job or a functional area we desire to be a part of someday. My intended field will be in mental health counseling; specifically, substance abuse counseling. I came through many years in active addiction. Overcoming those years led to my passion for the field in which I have chosen to embrace. I have selected to write based on an article from the ProQuest Psychology Journals entitled, “Social Workers Employed in Substance Abuse Treatment Agencies: A Training Needs Assessment,” (Hall, Amodeo, Shaffer, Vander Bilt, 2000). Improving upon this growing profession and identifying areas of weakness are key. In the pages to follow, I will identify the research problem, the method used, how the research has solved the problem, and other potential applications for this research within functional and related areas. Identifying the Research Problem and Method Used Business research, as we use it in our text, is a systematic inquiry that provides information to guide managerial decisions. More specifically, it is a process of planning, acquiring, analyzing, and disseminating relevant data, information, and insights to decision makers in ways that mobilize the organization to take appropriate actions that, in...
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...21735049 Exam: 500647RR - INTRODUCTION TO BUSINESS RESEARCH When you have completed your exam and reviewed your answers, click Submit Exam. Answers will not be recorded until you hit Submit Exam. If you need to exit before completing the exam, click Cancel Exam. Questions 1 to 20: Select the best answer to each question. Note that a question and its answers may be split across a page break, so be sure that you have seen the entire question and all the answers before choosing an answer. 1. The guarantee of informed consent can be traced to the first ten points in the A. Kyoto Treaty. B. Consumer Bill of Rights. C. Constitution. D. Nuremberg Code. 2. Which form of budgeting involves taking a fixed percentage of some criterion, such as sales, as the basis for the research budget? A. Departmental budgeting B. Rule-of-thumb budgeting C. Percentage-of-sales budgeting D. Functional-area budgeting 3. Pilot tests typically use a sample size of _______ participants. A. less than 100 B. 100–500 C. more than 1000 D. 501–1000 4. _______ variables are included to prevent, reduce, or control for bias in results. A. Moderating B. Intervening C. Interaction D. Control 5. Visionary decision makers tend to base business decisions on A. secondary data. B. past experience. C. proprietary business research. D. instinct. 6. Which of the following forms of budgeting allocates a portion of total expenditures in the unit to research activities? A. Percentage-of-sales budgeting...
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...Business Research Elizabeth Kleine BUS642: Business Research Methods & Tools Dr. Kurt Diesch June 17, 2013 BUSINESS RESEARCH When answering questions that require business research, it is important to know what is business research is. Business research is an inquiry or set of inquiry that provides information and understanding about a specific thing which will guide decision makers to make better decisions. Understanding the definition of business research is important because it allows managers to “organize and manage” (Cooper and Schindler, 2011, p. 4) responsibilities. One of the first stages of business research is to translate the research into a business decision over a situation into relevant objectives that can be put into action. When applying research, knowing the difference between applied research and pure or basic research assists in researching and having the ability to make clear and precise decisions regarding a given situation. According to Peter Lennon, (1995) “The difference between applied research and pure research is that in one work is done in order to bring a particular product to the market place, and in the other research is done out of curiosity about how the world works”. To be more precise, applied research is research that, in a given situation, will help decision makers understand what factors and the conclusions and consequences of making certain decisions. Pure, or basic, research is just research without any given...
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...Vallin BUS 642 Business Research Methods & Tools Instructor: Donald Platine August 19, 2012 Discussion Questions 1. What is business research? Business research is a systematic inquiry that provides information to guide managerial decisions. It is also a process of planning, acquiring, analyzing, and disseminating relevant data, information, and insights to decision makers in ways that mobilize the organization to take appropriate actions that, in turn, maximize performance (Cooper & Schindler, 2011). Why should there be any questions about the definition of research? There is a variety of a different type of research projects grouped under the label “business research”. The definition of research is not a simple standard that is the same for every individual. It is based on the person that is conducting the research. It has to be defined so that everyone understands what they are doing when they hear the word research. This is due to it having such a broad definition with many different meanings. 2. What is the difference between applied research and basic or pure research? Applied research has a practical problem-solving emphasis. Pure research or basic research aims to solve perplexing questions or obtain new knowledge of an experimental or theoretical nature that has little direct or immediate impact on action, performance, or policy decisions. Even though both forms of research are problem-solving based, applied research is directed much more...
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...three research methods. The first method is causal research. Causal research involves testing the product (Schiffman & Kanuk, 2007). I’ve participated in this type of research before. In some ways it is awesome because people get to test out the product. Who wouldn’t want to try out a new M&M line? I tried out a new Hershey’s product. This research method is the most effective for the new M&M because it gives the company a feel for whether or not people will accept the new product before actually spending all of the money in releasing and packaging and shipping the product. Next, there is descriptive research. Descriptive research is statistical research (Schiffman & Kanuk, 2007). Who is this product focused on; where are these people? Food is focused on mostly everybody, so it wouldn’t be the best method of research. Yachts are focused on rich people; tricycles focus on little kids; guns focus on adults, etc. All classes purchase M&Ms. Lower-class citizens buy them just as much as upper or middle class. Kids want them, and so do adults. My mother used to hide chocolate in her room. She loved it more than my siblings and I did. So, M&M doesn’t need to focus on whom to market the product to. Finally, there is exploratory research. Exploratory research is the first most basic kind of research. It is basic research that usually needs more research done (Schiffman & Kanuk, 2007). Basic research is the stepping stone to more research. Basic research is never...
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