Free Essay

Business Research Part One

In:

Submitted By missaloha
Words 1656
Pages 7
Business Research Part One
Learning Team D
RES/351
April 15, 2013

Business Research Part One
An increasing number of solar panels are popping up on the rooftops of homes and businesses across the Hawaiian Islands. Although this is beneficial to homeowners, businesses, and the environment, the Hawaiian Electric Company (HECO) grid systems cannot handle reciprocating the increasing photovoltaic energy. Fears of the entire system crashing could happen if the right actions are not taken (McCoy, 2013). In this research, Learning Team D looks at HECO to determine what actions they need to take to solve this solar issue. First the team provides research questions and hypotheses as well as variables and ethical considerations HECO should think about. Second they discuss the significance, scope, magnitude, and feasibility. Last they end with the research’s purpose and teams’ conclusion.
Research Questions
What type of action is involved to build smart grids and provide installation of advanced meters in neighborhoods across Oahu? How will smart electric grid technology improve electric service? At HECO, management focuses on solving the problem by upgrading their technology system to provide adequate electric service in urban areas of east Honolulu. HECO completes the East Oahu Transmission Project to improve the electric systems responsiveness and efficiency. Smart grids approach would save money and it allows HECO to limit the construction impacts to the surrounding community (Hawaii’s Energy Future, 2012).
Hypotheses
In this research, Team D will use the explanatory hypotheses. Cooper and Schindler (2011) describe explanatory hypotheses like an independent variable and a dependent variable because a change in one variable causes the other variable to change as well. An increase in the cost of imported fuel leads to an increase interest in renewable energy. An increase in renewable energy resources leads to the creation of solar installation companies. An increase in homeowner and business owner electrical savings leads to an increase in solar power absorption. Hawaii’s sunny climate also increases solar grid absorbency therefore, increases HECOs awareness of their solar energy overload (Hawaii Natural Energy Institute, n.d.).
Variables
In the State of Hawaii, we are blessed with a beautiful tropical environment, and the climate is ideal for solar energy production. HECO face issues and problems with photovoltaic companies in our state. Although solar energy is another option for Hawaii residents and business owners to generate electricity, HECO's energy storage systems are not capable of holding the electricity. Therefore, a variable would be for HECO to expedite the issues with overproduced electricity by requesting state and city inspectors to tighten their guidelines to attain building permits. Another variable for an oil based energy source company would be that employees might face future layoffs from increased use of solar power. Therefore, HECO has set a cap of 20 percent for solar power usage in the communities and increased their utility rates throughout the state. In addition, HECO and its battle to monitor the state’s electricity may employ costly training to educate their employees with solar (Hawaiian Electric Company, 2013).
Ethical Considerations
Solar energy is free during daylight, and after a solar panel system installed. Rapid global often happens because of the effects of climate change. The conventional process of creating electricity is by burning fossil fuels and different toxic, which turned, and create CO2. This process of creating electricity helps contribute to global warming. There are many ways to use the sun’s energy. It can be used in households like heating, cooking, and lighting. The ethics of solar panel is straightforward, and it is an ethical thing to do. Installing solar panels and using solar energy can save and prevent devastating effects to the environment. It also can lessen pollution to the environment (Birch, 2010).
Significance, Scope, Magnitude, and Feasibility
According to an article found in the LA Times, Hawaii solar power movement has doubled every year since 2007. It is costing the state of Hawaii upwards of $173.8 million in tax credits revenue in 2012, which had caused the state to cut the tax credit temporarily in half. Installing a solar panel system is quite expensive with the help of the tax credits the system would most likely pay itself off in savings in about seven years but because of the tax credit cuts it doubles the length that it would take for the system to pay itself off, forcing people to seek and install their own do it yourself solar panel systems that are cheaper and unpredictable, which could cause sudden power swings causing areas of the power grid to exceed the output from power plants in some areas. This could cause power fluctuations at HECO. The way Hawaii’s power infrastructure was set up it was not set up to handle power flowing in both directions that these do it yourself solar panel create. It could cost the state billions of dollars the state does not have to update the infrastructure to handle the two directional power if the state does however do want to go with the update of the power infrastructure the update would not be instantaneous but rather take years in the making, costing much more than it is it is saving people (Murphy, 2012).
Research Purpose
The purpose of the research is to discover if there are economically viable options to where the electrical grid can be expanded to accommodate the increase in solar generated power. Solar power is causing problems for HECO because it is pushing their power off the grid. Viable alternatives must be found to provide solar power to customers who want it and to cope with the problem of homeowners and businesses that are producing their own solar power. The research is important because the solar power problems could crash the system if problems are not addressed (Murphy, 2012).
Conclusion
Learning Team D discovers a management problem at HECO and designs a research plan to help define it. They start by asking research questions while developing explanatory hypotheses and considering the variables. Next they discuss the significance, scope, magnitude, and feasibility of HECO’s grid problem. Finally ending with the purpose of the research so that HECO can properly address the issue that too much solar flowing to and from an incapacitated grid can cause black outs statewide.

References
Birch, S. (2010, April 11). Ethics of Solar Power and Global Warning: Retrieved from http://www.greenplanetsethics.com/wordpress/ethics-of-solar-power-and global warming/
Cooper, D. & Schindler, P. (2011). Business Research Methods (11th ed.). New York, NY: McGraw-Hill/Irwin.
Hawaiian Electric Company. (2013). Going solar. Retrieved from http://www.heco.com/portal/site/heco/menuitem.8e4610c1e23714340b4c0610c510b1ca/?vgnextoid=0989c44a75709310VgnVCM10000005041aacRCRD
Hawaii’s Energy Future. (2012, September 26). Technology upgrade improves electric service in Urban and East Honolulu. Retrieved from: http://www.hawaiisenergyfuture.com/articles/20120926_EOTP_Ph2_Release.pdf
Hawaii Natural Energy Institute. (n.d.) Grid systems. Retrieved from http://www.hnei.hawaii.edu/research/grid-systems
McCoy, E. (2013, April 11). Building a solar economy: 4 lessons from Hawaii. Retrieved from http://www.yesmagazine.org/planet/building-solar-economy-four-lessons-from-hawaii
Murphy, K. (2012, November 17). Hawaii’s solar power flare-up: Too much of a good thing?. Los Angeles Times. Retrieved from http://articles.latimes.com/2012/nov/17/nation/la-na-hawaii-solar-20121118

x

Content70 Percent (approximately) | Does Not Meet Expectations 0-3 | Meets Expectations 3-7 | Exceeds Expectations 7-8 | Points EarnedX/8 | * All key elements of the assignment are covered in a substantive way.Select an issue, opportunity, or problem facing your organization.What are the research questions?What are the hypotheses?What variables are to be considered?What ethical considerations must you take into account?Discuss the significance, scope, magnitude and feasibility of finding a solution to the issue, opportunity, or problem.Define the purpose of the research. | Does not fully address specifics of all four questions, significance, scope, magnitude, and purpose. Some elements may be missing all together. | Is general in descriptions and generally answers the four questions, and mentions the purpose, but does not elaborate. Significance, score, magnitude of the research issue are generally addressed. | Fully meets and/or exceeds answering the four questions and is very clear (articulating examples) about the significance, scope, magnitude, and clearly defines the purpose. | 7 | Organization / Development15 Percent (approximately) | 0-.5 | .5-1.5 | 1.5-2 | Points EarnedX/2 | * The paper is no more than 1050 words in length. * Paragraph transitions are present, logical, and maintain the flow throughout the paper. * The tone is appropriate to the content and assignment. * Sentences are complete, clear, and concise. * Sentences are well constructed, strong, and varied. * Sentence transitions are present and maintain the flow of thought. | Does not meet word count and/or writing is not clear. Organization and development needs improvement. Does not flow as a single unit. The paper is disjointed. | Word count is met. The paper meets the requirements for organization and development. All parts are addressed, but more effort could be made to making the paper “one voice” | Meets word requirements and writing is clear and concise. The paper is very well thought out and flows well. It is clear that it is a collaborative effort. The paper is “one voice” | 1.75 | Mechanics 15 Percent (approximately) | 0-.25 | .25-.75 | .75-1 | Points EarnedX/1 | * The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. * Intellectual property is recognized with in-text citations and a reference page. * Rules of grammar, usage, and punctuation are followed. * Spelling is correct. | Does not fully conform to APA and/or is missing citations or references and/or needs improvement in grammar, punctuation, spelling, etc. | Fully conforms to APA and/or includes citations or references and/or meets in grammar, punctuation, spelling, etc. | The paper is very well formatted and there are no mistakes withcitations or references and/or meets in grammar, punctuation, spelling, etc. | .50 | Total Available | | | Total Earned | 9.25/11 |

Similar Documents

Free Essay

Preparing to Conduct Business Research Part One

...Preparing to Conduct Business Research Part One Paul Steeves RES/351 6 May 2013 Part One: Research Problem ABC Company just purchased a new C-Store located in South Carolina, on a busy intersection that has been in the same place for 22 years. The well-established C-Store has a loyal and local customer base and steady profits from clientele. ABC Company paid $300,000 for the new C-Store, but when they bought the store they did not realized the C-Store only generated $285,000 per year. This created an unexpected dilemma for the company. ABC Company expected to see a return on investment within the year. ABC Company decided that it may be advantageous to use business research to allow their business to run more efficiently. They came up with some questions regarding how they could fix their financial problems: "What services could be implement to drive up revenues?" "Are there any cutbacks on inventory that require our attention?" "What changes can be implemented that would improve customer satisfaction?" "Should we focus on advertisement of a special product?" "What directives could be created to improve customer bonds?" Although these questions enveloped the main concerns, ABC Company decided to make some descriptive hypotheses for complete definition. ABC Company believes that they should open a liquor store in the rental area next to the convenience...

Words: 1296 - Pages: 6

Premium Essay

Syllabus

...|[pic] |Syllabus | | |School of Business | | |RES/351 Version 1 | | |Business Research | Copyright © 2011 by University of Phoenix. All rights reserved. Course Description This course evaluates the process of conducting business research for improving decision making within an organization. Students will learn to apply an understanding of commonly employed business research techniques to improve a situation, solve a problem, or change a process. Other topics include problem framing, data collection, data analysis, and data presentation. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning...

Words: 1594 - Pages: 7

Premium Essay

Papl

...process of conducting business research for improving decision making within an organization. Students will learn to apply an understanding of commonly employed business research techniques to improve a situation, solve a problem, or change a process. Other topics include problem framing, data collection, data analysis, and data presentation. Week 1 - Topic 1: Recognizing the Situation Objectives Recognize a situation, problem, issue, or opportunity that needs addressing. Determine the significance, scope, magnitude and feasibility of finding a solution to the situation, problem, issue, or opportunity. Identify ethical issues involved in business research. Describe the business research process. Materials Week One Student Guide Sample Examination to prepare for Final Examination EBOOK COLLECTION: Business Research Methods, Ch. 1 EBOOK COLLECTION: Business Research Methods, Ch. 2 EBOOK COLLECTION: Business Research Methods, Ch. 3 EBOOK COLLECTION: Business Research Methods, Ch. 4 ARTICLE: Week One Topic Searches Assessment Individual Assigment: Current Events in Business Research Write a 300-word summary of the business research process by describing the business research process from your experience in the workplace or in an article you find through the University Library. Format your paper consistent with APA guidelines. Please see the instructor's syllabus for this week's assignments. Week 2 - Topic 1: The Purpose of Business Research Objectives State...

Words: 669 - Pages: 3

Premium Essay

Franchise Business Problems

...contributions are necessary for guiding business practices. Due to this reasons, the franchise systems were created as a mode of expanding businesses. Most of business minded people were selecting the franchising business as their way to expand their profits as well as their wealth. The concrete reason why they were selecting this kind of business is due to systematic management and cash flow which is provided by the franchisors. However, in these competitive markets, they still have their own weaknesses and might affecting failure of the franchising business itself. The weakness is depends in various aspects including surrounding cultures, afford abilities of the consumers, and etc. Therefore, the franchisors need to do a certain research in order to prevent their business from getting collapsed due to their own weaknesses and any surrounding problems. The remainder of this paper is structured as follows. Section A is regarding demographic, geographic and psychographic of the respondents involved throughout the research. Section B is examines the factors which causing the failure of franchising business in Malaysia. And on the last section examines the strategies which can be taken in order to improve franchising business in Malaysia. 1.1 Problem Statement. Recently, Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob, from his speech which is published on 31st March 2010 in Business Times, attribute that 14 franchise businesses...

Words: 2128 - Pages: 9

Premium Essay

Logistic Collaboration

...Case And Research Mohammadhosein Tavakkoli BRM7154-WD Student Id: 1101600296 Mht_1514148@yahoo.com Lecture:Prof. Dr.Wan fadzilah binti wan yusoff 1. Preface 1.1. Title: What are the Malaysian businesses schools doing for business today? Table of content: 2. Introduction 2.1. Background of study ……………….. 1-2 2.2. Problem statement …………………. .1-2 2.3. Research questioners ………………..2-3 2.4. Research objective ………………….. 2-3 2.5. Significant of research ……………....2-3 3. Literature review ………………………….3-8 4. Research methodology 4.1. Introduction ………………………….8-9 4.2. Theoretical framework ………………9-15 4.3. Hypothesis development …………….15-16 4.4. Questionnaire design…………………16-17 4.5. Population and sampling……………..17-18 5. References ……………………………. ……18-21 1. Introduction 1.1. Background of study In this contemporary everybody believes that business plays an impressive role in today’s life style. One of the primary reasons for success in any business career is knowledge. Nowadays business administration is one of most important qualification for applicants. Because of growing strategies business, enhancing of number of companies in Malaysia, today’s business become more challenging and sophisticated. In the space of information technology and innovation how the business school can play role for student to get opportunity in career success, what is the future trend of business education...

Words: 4032 - Pages: 17

Premium Essay

Meaning of Life

...process of conducting business research for improving decision making within an organization. Students will learn to apply an understanding of commonly employed business research techniques to improve a situation, solve a problem, or change a process. Other topics include problem framing, data collection, data analysis, and data presentation. Week 1 - Topic 1: Recognizing the Situation Objectives Recognize a situation, problem, issue, or opportunity that needs addressing. Determine the significance, scope, magnitude and feasibility of finding a solution to the situation, problem, issue, or opportunity. Identify ethical issues involved in business research. Describe the business research process. Materials Week One Student Guide Sample Examination to prepare for Final Examination EBOOK COLLECTION: Business Research Methods, Ch. 1 EBOOK COLLECTION: Business Research Methods, Ch. 2 EBOOK COLLECTION: Business Research Methods, Ch. 3 EBOOK COLLECTION: Business Research Methods, Ch. 4 ARTICLE: Week One Topic Searches Assessment Individual Assigment: Current Events in Business Research Write a 300-word summary of the business research process by describing the business research process from your experience in the workplace or in an article you find through the University Library. Format your paper consistent with APA guidelines. Please see the instructor's syllabus for this week's assignments. Week 2 - Topic 1: The Purpose of Business Research Objectives State...

Words: 825 - Pages: 4

Premium Essay

Leadership Ethics

...B OSA - TOM. 348 HUMANIORA Essays on Business and Leadership Ethics Tuomo Takala TURUN YLIOPISTO UNIVERSITY OF TURKU Turku 2012 ISBN 978-951-29-5010-2 (PRINT) ISBN 978-951-29-5011-9 (PDF) ISSN 0082-6987 Painosalama Oy – Turku, Finland 2012 A note from the writer I was born in 1955 and am a professor of management and leadership at the University of Jyväskylä, with a solid academic track record. My main academic work has been research in the area of business ethics and corporate social responsibility (CSR). Based on my research I have written around a hundred publications, of which about fifty can be seen as scientifically significant, in one way or another. I started as a business leadership major at the University of Jyväskylä in 1977. General studies sparked my interest in philosophy, and in time I became more and more interested in it. I graduated as a Master of Economics in 1982, at which point I had already done Advanced studies in Philosophy. Nevertheless, I did my postgraduate studies in economics and began to study corporate societal responsibility in 1983. At the same time I continued my studies in philosophy and graduated as a M.Sc (Philosophy) in 1986, the same year when I finished my licentiate’s work on societal responsibility for the Business Studies program in the University of Jyväskylä (Ph.D in Economics 1991). At that time, I was already also interested in the thematic of business ethics. These fields were not popular in economics...

Words: 22290 - Pages: 90

Premium Essay

Business Research

...Running Head: Business Research in Government Contracting 1 Business Research in Government Contracting Christian Wheeler RES/ 351 Business Research Willie Larry, Jr. June 10, 2013 Business Research in Government Contracting 2 Business Research in Government Contracting A few years ago, government contracts with contractors were being drastically changed by a unstable economy. In one particular field, manpower and strategy were changed. My experience comes from working on such a government contract. Certain business research methods, like defining the goals, decision support, intelligence, strategy and tactics are all formulated into the final outcome. (1) I work for a company called British Aerospace Electronic Systems, or simply BAE. It is a worldwide company operating on every continent and most major U.S. government contracts. However with an uncertain economy, the U.S. government needed to drastically reduce contracts that once dominated the last twenty years. Although, I was no part in the decision making or even close to it, I can only share the experience from what I seen personally. In my particular field, there was a staffing of thirty three employees. This facility is called the Central Issue Facility. Most major army installations all have one. Job wise, we issue, and receive the soldiers’ equipment for training purposes to gear to deploy...

Words: 490 - Pages: 2

Premium Essay

Qnt561 Syllabus

...probability concepts to business decisions. Students learn important criterion for developing effective research questions, including the creation of appropriate sampling populations and instruments. Other topics include descriptive statistics, probability concepts, confidence intervals, sampling designs, data collection, and data analysis – including parametric and nonparametric tests of hypothesis and regression analysis. Cooper, D.R., & Schindler, P.S. (2006). Business research methods (9th ed.). Boston, MA: McGraw-Hill/Irwin. Lind, D. A., Marchal, W. G., & Wathen, S. A. (2008). Statistical techniques in business and economics (13th ed.). Boston, MA: McGraw-Hill/Irwin. All electronic materials are available on the student website. |Week One: Descriptive Statistics and Probability Distributions | | |Details |Due |Points | |Objectives |Compute descriptive statistics for given data sets. | | | | |Apply probability concepts related to discrete and continuous probability. | | | |Readings |Read Ch. 3, 5, 6, & 7 of Statistical Techniques in Business & Economics. ...

Words: 2342 - Pages: 10

Premium Essay

Business

...Everett University Standard GPS Business and Gen Ed Syllabus |REGION |Central Virginia | |INSTRUCTOR |Dr. Edward Olanrewaju | |COHORT NUMBER |MBA 3174 | |COURSE NUMBER |BSA -518 | |COURSE TITLE |Business Research and Applications | |MEETING DATES |1/20/2016, 1/27, 2/03, 2/10, 2/17, 2/24, 03/02, 03/09, 03/16, 03/23 | |CLASS MEETING TIMES |6:00PM to 10:00PM | |LOCATION |Innsbrook/122 | |CONSULTATION HOURS |By Appointment | |PHONE...

Words: 6895 - Pages: 28

Premium Essay

P2 Unit 4 Business

...Plan Market Research Assessment no 1 Introduction: David and his wife has their own four business .Firstly they started D.A garden supplies business on main road opposite to a small suburban shopping centre .In garden and nursery business David supervise the nursery and Alison does the bookkeeping and oversees the landscaping projects. They also employed two full time employees and a part time landscaping consultant and two part time cashiers for garden supplies business .Furthermore after passing 8 years of their nursery and garden business they started one more business of café inside the nursery .For this new business they has appointed an additional part time staff member who works over lunch time and weekends. Moreover on...

Words: 671 - Pages: 3

Premium Essay

Business Current Events

...Current Events in Business Research Drake Schreiter RES/351 Amarjit Singh   Current Events in Business Research Conducting research nowadays can be as easy as a click of a button. People collect research for numerous types of reasons in this world. The reason that individuals gather information is to either fix a current problem, enhance an idea, or to gain knowledge about a certain subject. Businesses all around the world hire individuals to collect research to help the organization in their weaknesses, enhance a certain area in the company or just to gain knowledge about the competitors in the world. Business research is more significant than people understand it to be. For instance, if a business owner does not do the correct research for location, demographics, etcetera then the company is not going to be in the place it wants to be and the potential for the company would be lost. The functional area that is being addressed in this paper is the restaurant industry. The functional area that I work in is the restaurant business. I do see myself to continue my career in the restaurant industry so I thought that it would be fitting to write the paper with that in mind. Restaurants are always going to be a part of our daily lives. The reason for this is because everybody has to eat and not everyone...

Words: 761 - Pages: 4

Premium Essay

Business

...Conduct Business Research: Part 2 Learning Team A: RES/351- Business Research 11/03/2014 Kim Gravelle Introduction When it comes to running an organization the biggest issue or objective to financially be operational. As in this team project we decided to continue part 2 of business research on technology providing new opportunities. In this part of the research project, the team will discuss various questions to help develop the initial reasoning to conduct research on technology. This topic will continue to provide answers to why the research is important and how to solve various issues in research that much needs to be answered to conduct proper research. What are the key business objectives? The key business objectives that are needed for technology to be successful in a business would be to know what technology is available for the business, the cost to business for the technology, how the technology will be used to help the business reach its goals and how best to train the employees on using the technology to complete their job duties. Using key objectives allow us to measure the success of how the technology is improving the business and ensuring the success of the company. What are the questions that must be researched? The questions related to technology that must be researched at those surrounding the use and cost of the technology. A question that should be researched in regards to using technology is how does technology boost a business? Other...

Words: 820 - Pages: 4

Premium Essay

Analysis

...                                     University of Gävle Department of Business Administration Course: Comparative Management Culture Names: Group 1- Islam Ariful, Melinda Folmerz, Kamrul Hasan, Thomaidou Alexia Examiner: Dr. Maria Fregidou-Malama Paper type: Assignment 3: Article Analysis Semester: Autumn 2014 (HT14) Group  1   INTRODUCTION The article that we choose to analyze has to do with the trust developed in business to business relationship. The title is “Trust formation in cross-cultural business-tobusiness relationships” and it is written by Heffernan Troy. It is published by the Emerald Group Publishing Limited and it comes from Qualitative Market Research: An International Journal, Volume 7 · Number 2 · 2004 · pp. 114-125. The aim of the article is to show the factors that contribute in the process of building trust in the relationship lifecycle. BACKGROUND Relationships between two parts worldwide are very common. Heffernan describes the doing international alliances or partnerships, trust is very important. Relationship marketing, which has a lot of definitions, as it is a new phenomenon in the marketing theory, can be said that is the relationship between two parts in which they are interacted doing business. As trust is very important when doing business, it...

Words: 1912 - Pages: 8

Premium Essay

Mcdonalds Leadership

...PARTICIPANT INFORMATION SHEET STUDY TITLE Research investigates the Impacts of Entrepreneurial Leadership in McDonald’s Restaurant. INVITATION PARAGRAPH You are being invited to take part in a research study. Before you decide it is important for you to understand why the research is being done and what it will involve. Please take time to read the following information carefully and discuss it with others if you wish. Ask us if there is anything that is not clear or if you would like more information. Take time to decide whether or not you wish to take part. Thank you for reading this. WHAT IS THE PURPOSE OF THE STUDY This is an invitation to participate in a study conducted by a 3rd year student at the University of the West of England. The purpose of this research is to investigate the impacts of entrepreneurial leadership contribute for the success of a firm. On this visit the researcher will conduct a 30 minute interview that will be audio-taped to ascertain the leadership that has supported the operations management and performance of the company. WHY I HAVE BEEN CHOSEN? Your organization is one of the leading corporations in the food service industry which has experienced great performance overtime. Some of the reasons for the success were creating and developing a very innovative and talent management team within the firm which motivate and guide every staff to achieve the targets of the store. Therefore, I would like to speak with someone who has deep...

Words: 1174 - Pages: 5