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Business Research Ethics

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Before conducting business research it is important to know the proper and most effective way to conduct this type of research. By using the business research process as discussed in our textbooks, a student or employee can conduct research and find the necessary information in a shorter time period than someone who has not examined the process outlined in the textbook. Throughout this assignment I will explain how the business research process can be used in a business or workplace setting. The first thing to do when conducting business research is to prepare to search by clarifying the research question. Explore every angle of the question you are trying to answer.. For example, I am a buyer for a subprime auto finance company and we have a lot of competition in the business. So, I conduct research to find out what other companies like ours are doing, how they are operating, and how that may be hurting or aiding our business. I take my findings to management in order to propose necessary changes and help the business grow. The second step is to prepare a research proposal and develop a research design strategy. You need to know exactly what you are proposing to research, outline every detail of what you need to know and where you can get the information that you need to obtain. When I research our competition I write out a list of all of the companies we are similar to in the industry and begin to research specific details of what they do and why they do it. You need to know the type of research you are conducting, the scope, time frame, and purpose. The third step is to develop and test your ideas. Then you collect all of your data and prepare it for analysis. I collect all of the information that I have about these companies and break it down piece by piece so that I understand what is different about each one of them, and how they compare to how my

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