...My Business Research Experience Business research is an extremely valuable operation that must be conducted by every business if they want to succeed and grow. Knowing and understanding your customers or industry takes a lot of research that will uncover good and bad things, I think there is no such thing as bad information. Any type of information regarding your business or industry that you are in is going to be either informative or extra information, either way it can used at sometimes or another. In my experiences business research has assisted me from buying unwanted items, using better sources for purchase and making better decisions when looking for new items or supplies. I am a small business owner, my wife and I own and operate an online women’s shoe company called Pizarro Collection. This is our first year in business; we started this business in Jan, 2014. We have been blessed with success thus far and still are charging hard. The idea for this business did not come easily; it took hours and hours of research and decision making. The research at the beginning was mainly about where we would buy the shoes from and how much are we willing to pay per shoe or per box. Looking up different websites, comparing the same shoe on 10 different to find the best deal, all took time. We also researched the name of our business, questions that came up were: it is taken? , is it catchy or classy enough? , all these questions came up that we had to research. The hardest at first...
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...Incorporated, 2011). Every person has ethics that he or she lives by, but sometimes in the business world many unethical business transactions occur. People do not realize that sometimes the statistics that he or she are fed have been falsified in order to get him or her to purchase a product or lure him or her in to participate in via false promises. The ideas of an unethical business practices to gain a statistical advantage is not a new idea. As a countries economy grows the population begins to see more unethical business practices. One such practice is skewing the research results. The way this is done is my taking the information that is given about a certain product or service and misrepresenting it to make it look like it is a great choice. This technique completely changes the research and twists it in the favor of the product without the consumer knowing what is going on. As economies begin to boom these practices are seen more often. Medical research is one example of where the statistics could be misleading if they are spun in the favor of the drugs companies. When people go to the doctors he or she expect the best care that his or her money pays for, but sometimes medical reports can be misleading. The healthcare industry is a billion dollar a year empire and there are many people that are out to make money. According to the article Misleading Reporting of Research Results: a Widespread Problem the author talks about how many people who report on the...
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...Business Research Ethics William Stadler RES/351 04/15/2015 Jonte Lee Business Research: Ethical Research Guidelines When performing research the idea behind this process is developing new ideas from information gathered that not obvious or able to be seen by the human eye. “Forward-thinking executives recognize that analytics may be the only true source of sustainable advantage since it empowers employees at all levels of an organization with information to help them make smarter decisions” (Cooper & Schindler, 2014, Chapter 1, Research in Business, Learning Objectives). It is important for managers to have access to as much information as possible in order to perform business research and it is equally important for management to do business research in an ethical manner. The following paper will discuss an article called Business research in India, summarize what unethical research practices should be avoided, which parties could face injury or what injuries could occur to these parties, how unethical behavior could affect the organization, individual, and society, and how unethical behavior could be monitored or resolved if found occurring. Business Research in India and Ethical Research Guidelines The purpose of the article, Business research in India, was to study the progress of business research done in India. The analysts use a biblio-metric approach which is a combination of multiple articles, publications, journals, etc...
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...I got an A on the paper. Business Research Ethics Elizabeth McUne RES/351 January 14th, 2013 Abdulhamid Sukar Business Research Ethics In the article “Conflicted Medical Journals and the Failure of Trust” the issue of pharmaceutical businesses and their research, and how it is presented is outlined. The article covers one of the largest controversies with business research conducted by GlaxoSmithKline (GSK) and how the results were skewed and then reported by many medical journals as fact, even though the research did not support what was reported. The study was GSK 329, which showed a particular drug to be effective in adolescents with depression, even though the testing showed otherwise. (Jureidini & McHenry, 2011) The biggest unethical behavior that was demonstrated by GSK, and medical journals was the skewing of results of a study. Medical journals published articles that misrepresented the findings of GSK’s research. Internal reports by the company showed that their trials of the drug had failed to benefit adolescents with depression, and positively showed that there were negative results. (Jureidini & McHenry, 2011) The internal report states that “it would be commercially unacceptable to include a statement that efficacy had not been demonstrated, as this would undermine the profile of paroxetine,” and that “to effectively manage the dissemination of data in order to minimize any potential negative commercial impact.” (Jureidini &McHenry, 2011)...
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...Understanding Business Research Terms and Concepts Rurik M. Frizzell RES/351 September 29th 2014 Professor Southard Using qualitative research design methods is most essential when dealing with business research. Understanding how numbers and data effect a business’ growth and production are essential in determining what is making or breaking a company’s vision. Profit is understandably the primary goal of any business; however, qualitative data is most essential when determining data on what products, programs, or ideas are attractive to a potential or current customer. Using qualitative analysis will help in making the right choices and provide quality overview for necessary adjustments. In 1982 Adobe Systems was engineered by two men by the names of John Warnock, and Charles Geschke. Using computers for illustration and artwork design was the primary goal of the founders of Adobe. The scientific ingenuity and hard work ushered in an era of design and computer generated programs. The impact was magnificent and is still going strong today, over 40 years later. One of the largest understandings of Adobe was unmet customer needs. Their belief was that even in an age of collecting data, no light can be shed on the gap of unmet customer needs. By determining what customers needed by using surveys, collecting email comments and letters, and by communicating with people and businesses, Adobe believed that it could continuously make adjustments to their programming to satisfy...
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...However, most of these products have gone through very little, if any, testing to see if they can actually do what the marketers are saying they can do. Although, in America, the FDA is responsible for keeping an eye out for products making false claims, it is an extremely difficult task. Making it even more difficult is the ability that the average consumer has in obtaining products from overseas online. With so many new products hitting the market every day and consumers being able to obtain products from overseas so easily, it can take the FDA years before it catches on to a product that is making false claims or using ingredients that are considered illegal by the FDA. One major unethical practice that should be avoided when doing research for dietary supplements is trying to tweak the information to support claims that can potentially be false. When it comes to being physically fit or improving health most people will to tend to look for that “magic pill”. They prefer to find a product that claims to help burn fat, drop inches, or make them stronger rather than actually eat healthy and live a more active and healthier lifestyle. This vulnerability of the consumer and the desire of these supplement companies to capitalize on their vulnerability is the main reason why this unethical approach should be avoided. False claims can lead to someone taking something that could potentially harm them. When unethical practices are used there are a number of people that can be affected...
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...Current events in business research RES/351 Subhashis Nandy By: Lanean Gilmore This paper will summarize the business research process by defining the business research process by my work experience. This is my summary of the business research process by my experience as an employee of City government. I am not into politics but, this is one of the best jobs I ever had very motivating it is always something new to learn. City of Wilmington, Delaware first Mayor was Richard H. Bayard in 1832-1834. In, 1832 Wilmington, Delaware was incorporated. We have a wonderful city, and with the mayor and his elected staff they will continue to keep us safe and make sure Wilmington, Delaware is safe and growing strong. One thing about government they always like to change things. Making the city better anyway possible, and in 1993, we elected our first black Mayor of the City of Wilmington. He was the mayor from 1993-2001. This is just another how the City of Wilmington works new changes, great people and making the city better than it was before. What is business research? It mainly is a method in a way a company or organization to decide the most productive, ethical, and efficient way to make a lot of money and keep their customers coming back. When it comes to starting a business, you need to research the competition and what customers want and need. Looking at the Mayor’s office of Economic Development they help produce jobs, like bringing small or big business to Wilmington, Delaware...
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...Understanding Business Research Terms & Concepts: Part 1 RES 351 By To some extent all research may be approached either quantitatively or qualitatively. Everything is determined by the researcher’s primary aim. Are they fascinated in a methodical strategy, as a way to generate similar, generalized information, or do they desire to make a narrative of a special instance/scenario/circumstance? Each choice requires various kinds of preparation, which might best be accompanied by a special research design. However, mixture or mixed strategy approaches show to be very helpful in many scenarios, and appear to fix several of the difficulties, which appear from embracing an individual methodological strategy. According to Cooper & Schindler (2014), “Managers basically do business research to understand how and why things happen. If the manager needs to know only what happened, or how often things happened, quantitative research methodologies would serve the purpose. But to understand the different meanings that people place on their experiences often requires research techniques that delve more deeply into people’s hidden interpretations, understandings, and motivations. Qualitative research is designed to tell the researcher how (process) and why (meaning) things happen as they do (Ch. 7, pg 144)”. Strengths and Weaknesses Qualitative techniques are usually rich in story and description, and rather of supplying a result they have a tendency to discuss the procedure...
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...Information Technology Acts BIS/220 4/02/2014 E Forrest (Skip) Boyd Information Technology Acts (Andreno, 1999) No Electronic Theft (NET) Act, 1997 In the past most of us would go to the library to seek out information, since the internet and .com age just about everybody is using a computer over the internet whether looking for products or a job. Electronic theft is a growing issue, as more people use the internet for personal and business matters, the criminals are adapting there methods to obtain your information online. Phishing is the act of sending an email message looking like a familiar organization in the attempt to get you to click on the link that they provide, attempting to trick you into giving your personal information. Advantage of the No Electronic Theft Act, congress has taken steps to make it easier to prosecute for electronic fraud. The main reason for this congressional activity is the increasing commercial importance of computers and electronic transactions. Andreano, F. P. (1999) According to one market research firm, “global internet commerce revenues will grow in to the billions of dollars. And with these growing revenues, sophisticated criminals have recognized, and sought to take advantage of, the opportunity for ill-gotten gains. As one author quipped, hackers are no longer youthful pranksters, but have become a sort of net mafia.” Andreano, F. P. (1999) Health Insurance Portability and Accountability Act (HIPAA), 1996 HIPPA was created...
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...This file of RES 351 Week 3 Discussion Questions and Summary shows the solutions to the following problems: DQ 1: Differentiate between the scientific method and applied research. Which one is most often used in business? Provide an example of either that might be appropriate from your current or previous place of employment DQ 2: You are the manager of a hotel. There have been several complaints from guests relating to employee attitude. Provide a description of three different types of research that might be appropriate for this situation DQ 3: Why do some senior executives feel more comfortable relying with quantitative data than qualitative data? How might a qualitative research company lessen the senior-level executive Business - Risk Management and Insurance DQ-1) Unfortunately, a quick scan of the business news will normally result in reports of unethical business behavior. To prove this point, let's start with a review of the news for stories about fraud and other unethical behavior in business. You can use the University Library to start your search. Once you have located an article share it with the class by developing a summary of the important information. Make sure that you give credit to your source. DQ-2) Go to Course Home and review the Course Project tab. Then download the Course Project template from Doc Sharing. In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of...
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...QNT 351 Final Exam Guide (New) For more course tutorials visit www.tutorialrank.com Q1 The Director of Golf for a local course wants to study the number of rounds played by members on weekdays. He gathered the sample information shown below for 520 rounds. At the .05 significance level, is there a difference in the number of rounds played by day of the week? 2. An auditor for American Health Insurance reports that 20% of policyholders submit a claim during the year. 15 policyholders are selected randomly. What is the probability that at least 3 of them submitted a claim the previous year? 3. When a class interval is expressed as 100 up to 200, _________________________. 4. A coffee manufacturer is interested in whether the mean daily consumption of regular-coffee drinkers is less than that of decaffeinated-coffee drinkers. A random sample of 50 regular-coffee drinkers showed a mean of 4.35 cups per day, with a standard deviation of 1.2 cups per day. A sample of 40 decaffeinated coffee drinkers showed a mean of 5.84 cups per day, with a standard deviation of 1.36 cups per day. What is your computed z-statistic? 5. You perform a hypothesis test at the .05 level of significance. Your computed p-value turns out to .042. What is your decision about the hypothesis? 6. In a distribution, the second quartile corresponds with the __________. 7. The MacBurger restaurant chain claims that the waiting time of customers for service is normally distributed, with a mean of 3 minutes...
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...RES 351 WEEK 1 A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=res-351-week-1 Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION RES 351 Week 1, Business research process involves the study of all aspects of the company and then that information will be used to make business decisions. This requires several steps to help the company achieve its goals, and evaluating its strengths and weaknesses to solve or to avoid problems. The research process also helps to have a clearer and updated idea of their industry (Suttle, 2014). After worked for more than seven years in the airlines industry, I decided to review an article titled “Customer Satisfaction in Airline Industry.” During my years of experience, I saw how many of the passengers left the airport frustrated with the services offered. I think this is a good topic for me to evaluate, because it help me to understand situations that are important within the airline industry. Current Event in Business Research In the summary of the article “Customer Satisfaction in Airline Industry” explain how the research followed on how the five dimensions of customer satisfaction was applied in the airline industry. Such articles can be used to design strategies specifically aimed to increase the level of customer satisfaction in the airline industry. At first I was a little confused about the method used in this article, but I have come to the conclusion that the method used...
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...RES 351 WEEK 2 A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=res-351-week-2 Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION RES 351 Week 2,RES 351 Week 2,Ethics has evolved over the years, and it is necessary for any business, whether by economic or personal reasons make the right decisions, doing meticulous analysis of its ethical values. In all serious ethical experience, we have to analyze our performance towards the society. Ethics in business research establishes rules that the researchers should use as a guide. Certain rules are based on trust not entirely by the honesty of the job of the researcher, but likewise by its sincerity in the method applied to conduct the research. It is not unusual for some researchers to stutter between what is ethical or not. Business Research Article This article is about an American energy company called Enron. Enron was the owner of power plants, gas distributors and other units involved in the provision of services to consumers and businesses. This company became a major broker into the energy market, taking huge financial risks and becoming one of the healthiest organizations in the United States, with thousands of employees. In December 2001, the company went into bankruptcy leaving everyone around in shock. The commercial operations of Enron relied heavily on complex business transactions, many of them associated with future business. It is mentioned that those future...
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...RES 351 WEEK 3 STAGES OF THE RESEARCH PROCESS A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=res-351-week-3-stages-of-the-research-process Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION RES 351 Week 3 Stages of the Research Process, Stages of the Research Process It is critical to identify the purpose of the business research. According to Cooper & Schindler (2012) whether the researcher is involved in basic or applied research, a thorough understanding of the management question is fundamental to success in the research enterprise. For the purpose of this paper, I have chosen two articles that are different, but crucial in the type of business in which I am involved. Bullying by Ziken (2008) it is the first peer-reviewed article that I have found in the University Library, and the second article is “Qualitative research for international business” by Doz, (2011). Business Purpose The first article describes the bullying history of Allan J., a child in “Duquesne Elementary School in Duquesne, Pennsylvania” (Zirkel, 2008). Since the problem lasted several years when he was in grade six “Allen’s mother withdrew him from school halfway through the school year, enrolling him in a cyber charter school. She also filed a civil rights suit against the school officials and the district in federal court, alleging that they had violated her son’s “liberty” of bodily integrity under the 14th Amendment due process...
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... | | | |6:00pm to 10:00pm | | | |School of Business | | | |QNT/351 | | | |Quantitative Analysis for Business | | | |Dr. Jacquelyn B. Frausto | | Copyright © 2013, 2012, 2011 by University of Phoenix. All rights reserved. Course Description This course integrates applied business research and descriptive statistics. Students will learn to apply business research and descriptive statistics in making better business decisions. Other topics include examination of the role of statistics in research, statistical terminology, the appropriate use of statistical techniques, and interpretation of statistical findings in business and research. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged...
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