...Preparing to Conduct Business Research: Part 1 Gwenetta Minor, Marlon Roberson and Dave Hooper RES/351 December 1, 2015 DR. Rosa Osuoha Preparing to Conduct Business Research: Part 1 Organizations are faced with making business decisions every day and not all are easy to resolve. Business research provides companies an opportunity to make knowledgeable decisions to remain competitive in the market place, attract and maintain talent in their workforce, as well as make a positive contribution to the organizations bottom line. The use of technology in todays’ business has proved to allow organizations to stay in better communications with their customers, remain with or ahead of their competition, and innovative in their respective fields. Those that have not been able to embrace and keep up with the vastly changing needs of their customers seemingly have struggled to exist. How do companies know what changes to implement? How do changes to meet customer needs effect the different lines of business? What impact will the changes have to the organizations bottom line? Once the organization has identified a problem, they must then determine what steps need to be taken to find a solution. Business research is an important step to understand the options for resolution, benefits and consequences of a solution and mitigate as much risk as possible. Describe Issue Stress. Nervousness. Cash. Time. You may think these stresses have a place with working grown-ups, but at the same time...
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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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...|[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...
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...Preparing to Conduct Business Research: Part 2 University of Phoenix RES/351 Business Research Preparing to Conduct Business Research: Part 2 In Part 1 of preparing to conduct business research this team discussed the dilemma of Pet Palace and its declining customer base. Team “C” recommended gathering information that would benefit the company and conduct semi-structured interviews and surveys with open-ended questions. In part 2 of preparing to conduct business research this team will answer the following questions; What are the key business objectives? What are the questions that must be researched? What are the hypotheses and variables that must be considered? What ethical considerations must you take into account? Define the purpose of the research. The objective of Pet Palace is that it would like to add e-commerce options to its already existing brick and mortar stores. The plan is to keep the already large number of customers they have, as well as drawing in new customers. Its expansion strategy includes penetrating new markets, distribution, information systems, and marketing. In the best efforts to collect data, the research team will assess the outcome by creating and using a survey. Surveying the target population will provide insight from the target population’s perspective. The survey will be quick and simple for the participants, yet informative for Pet Palace management. To create an unbiased and purely anonymous...
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...Preparing To Conduct Business Research: Part 1 Treneze Sanders RES/351 July 11, 2013 Burdette Hansen Preparing To Conduct Business Research: Part 1 Team C’s research involves the recent scandals in the United States. The scandals are the IRS, (AP/DOJ) Department of Justice and Benghazi. We’ve recently surveyed twenty people including ourselves. The research questions were, Are you familiar with the recent scandals IRS, AP/DOJ, Benghazi? Do you believe they are important right now? Which one do you believe the government should investigate and resolve? Which one affects you the most? Which do feel has the greatest impact on society? The hypothesis is which scandal in the United States affects the society the most and which one affects each individual the most. The variables that are to be considered are the scandals. The ethical considerations that we have to take in account are that we must keep those who survey anonymous, choose people we know will benefit the research and be careful not to take the survey answers out of context. Our level of data will consist of raw data of ratio, to state how many or how much. The sample size will only be a minimum of twenty of random friends or people in the area to represent the community. We will sample by asking people we know or random people in our neighborhood. The results will be reported through a short survey. The purpose of the research is to see how people in our community are being affected by the recent...
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...Preparing to Conduct Business Research: Part 1 Team A RES/351 December 16, 2013 Dr. Michael Gemignani Preparing to Conduct Business Research: Part 1 CSR stands for corporate social responsibility. This is refers to the business efforts to work with stakeholders in achieving improved economic, environmental and social performance. CSR is sometimes known as the triple bottom line. It is also identified as corporate citizenship or sustainability. This is the standards of how a business is supposed to be run in order to be successful. Large companies such as AT&T, Cisco, etc. depend on their corporate social responsibilities in order to stay on top of the businesses in their industry. An example of corporate responsibility would be Chevron’s dedication to local communities and the environment, or Bank of America fueling the economic progress through corporate social responsibility. It takes the company as a whole to make sure that their corporate social responsibility is followed. To develop these corporate social responsibilities a company needs to do their research on what they want to accomplish long term and short term, how they want to affect others and who they want to affect. Purpose of study Kevin: The intention of this study is to Research objectives Kevin: This should summarize the research objectives Research questions All topics of research have the purpose of answering, at least to some degree, a well-crafted question (Changing Minds,...
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...Preparing to Conduct Business Research Part I Griselda Carrasco, Jennifer Pastore, Ingrid Rodriguez RES/351 March 16, 2014 Ruzanna Topchyan Preparing to Conduct Business Research Part 1 Innovation is needed in all business varieties. Organizations that sell a service or products have to consistently come up with new ideas in order to keep a competitive edge. It is difficult to grow without adding new products, specifically for smaller businesses. Research is needed in order to determine which products will be successful, and how to present these products to attract more customers. A popular beverage company is currently looking to add an energy drink to their selection. Their current beverage line includes a variety of sodas, sports drinks, water, vitamin water, and teas. In order to compete with other beverage companies they need to present something that will attract current energy drinkers, coffee drinkers, athletes, and sport fans. Problem Statement The beverage company has drinks in most classifications that compete with other popular drinks on the market. The organization is looking into the opportunity of marketing a new energy drink. When starting this process the company wants to know, “What matters more to consumers when...
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...Preparing to Conduct Business Research: Part 3 RES/351 Abstract Building on Preparing to Conduct Business Research: Part 1, completed in Week Three, and Preparing to Conduct Business Research: Part 2, completed in Week Four, Learning Team B selected an issue, opportunity, or problem facing an organization. Our team chose to conduct business research in the food service industry at which a high rate of employee turnover occurs. Using the methods learned throughout this course our team has selected the instruments we found to be the most useful in collecting data to develop appropriate research questions, hypothesis, research design, and result reporting. This paper will discuss and describe the following elements: 0. Research problem and purpose 0. Significance, scope, magnitude, and feasibility of finding a solution to the issue, opportunity, or problem 0. Research question, hypothesis, and variables 0. Research design 0. Instrument you developed or selected 0. Sampling method 0. Overall data analysis approach 0. Result reporting 0. Ethical considerations Preparing to Conduct Business Research: Part 3 Employees enter and leave companies all the time. For some industries, the rate at which this occurs is higher. One particular industry is the food service industry. Within the food service industry, the employee turnover rate is considerately higher when compared to the arts and entertainment...
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...Preparing to Conduct Business Research: Part 1 Benjamin Maple, Robert Gholson, Daniel Williams, Benito Serrano Business Research/RES/351 28 March 2016 Dr. Kenneth Miller Preparing to Conduct Business Research: Part 1 * Describe the selected issue, opportunity, or problem facing the organization. The organization this team agreed on to conduct business research is Playboy. This company has been in business since the beginning of its long life started in December of 1953, it was created by Hughe Hefner. Playboy does not just produce magazines but the company does also television, radio, internet, and clothes. There are various reasons the company chose to go down a different path then it known for, from being a centerfold raunchy naked magazine to a more conservative less revealing type of magazine. Do to the changing times and forever evolving technology, This company has had a problem in the last decade competing with other big companies like maxim and other big companies like them in their sales for their monthly subscription magazine. With the competition of other companies going becoming more prevalent because of the technology advances as mentioned like the internet, Playboy has become sort of obsolete. Consumers no longer really care for the naked centerfold they used to always show and have come up with solutions to stay relevant in the industry while changing the way they have operated for decades. * Discuss the significance, scope, magnitude,...
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...Preparing to Conduct Business Research Part 1 Preparing to Conduct Business Research Part 1 Harley Davidson is and has been for decades, an American icon in the motorcycle industry. Maintaining that level of status is not an easy task to sustain due to other domestic and foreign competitors that are working diligently to become the leading manufacturer of like motorcycles. Understanding the evolution of today’s generation across the globe is crucial to not only the company’s flourishing, but to its survival all together. One of the problems Harley has been facing recently is targeting different demographics of people; two in particular are females and young adults. Harley Davidson initially focused on the military and male population. The design and concepts of the company back then were tailored for this demographic. With the evolution in times and way of thinking, Harley Davidson had to implement products for a wider range of people. They continue to have rigorous competition from sport bike companies and other cruiser-style motorcycle companies as well that offer similar in appearance product at lower quality but more affordable pricing. This makes it difficult for Harley because they want to stay ahead of the competition without decreasing the quality America has grown to love and respect. In order to do this Harley-Davidson Inc. needed to conduct some research. Some of the research questions they had to ask themselves were as follows: What is popular with young...
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...Preparing to Conduct Business Research: Part 1 Christine Beverley-Wagner, Megan Hackel, Eric Cantu, and Charles Dougherty RES/351 July 21, 2014 Marcus Sherrill Preparing to Conduct Business Research: Part 1 J.C. Penny J.C. Penny Corporation, Inc., is an American retail company that was founded in 1902 by James Cash Penny. The company was called J.C. Penny Stores Company from 1913 to 1924 and then was reincorporated in 1968 to present as J.C. Penny Co. The firm was incorporated in 1913 and the following year the company moved its headquarters to New York City. In 1927 J.C. Penny Co., became a publically traded corporation. J.C. Penny Co. has been a household name for decades, but has seen its share of financial difficulties. Now the company is in the process of changing their culture, as it has discontinued its traditional catalog sales, and created a profitable internet shopping site. The issue that J. C. Penney is facing includes dramatic losses in sales, profits, and stock value. They recently hit a 55 week low with their stock value. They have brought back a former CEO Myron Ullman III to make some changes which does open the door for some new possibilities as well. They are currently making changes by closing 33 stores that have been underperforming to make up some of those losses and project that to make some significant differences. Other issues that come with that are the 2,000 employees that will be laid off as a result. They are battling some tough situations...
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...Preparing to Conduct Business Research Part 1 through 4 RES/351 November, 05, 2014 Joydip Barman Preparing to Conduct Business Research Part 1 through 4 Organizations face various problems, issues, and opportunities. Applying the principles of business research allow companies to handle business in a profitable, forward focus manner. The following information Team A will explore the inventory issues facings the food services company Sodexo. The information will begin touring issues, opportunity, and problems facing the organization. Next, the paper will tour the meaning, the possibilities, the greatness, and the prospect of finding an explanation to the issue, opportunity, and problem that Sodexo committee faces in reference inventories. Finally, the report will look into why inventories is an important issue for researching, as well as why the issue can be made better with business research. Describe the selected issue, opportunity, or problem facing the organization. Sodexo is the fifth largest food service contract companies in the United States. The company contracts with services from hospital care to campus dining. Sodexo faces an issue at several accounts with their physical inventory not be reconciled with their computerized inventory applications. Inventories are linked to the financial health of that company contract. In accurate inventory counts can potentially lead to higher cost for the customers and in a worst case scenario it could cause a business...
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...Preparing to Conduct Business Research: Part 1 Learning Team A RES/351 May 11, 2015 Kristy Peterson Why it is Essential to Conduct Research Labor laws are implemented internationally; however, there are common issues with U.S. companies violating labor rights. Reasoning behind partnerships with western countries are commonly due to a significantly lower minimum wage, available resources, as well as manpower. As advantageous as this may be for U.S. companies, it is still immensely paramount that companies, such as Apple, do their research. If Apple were to do the necessary studies, it is more than likely to remain ethically responsible and avoid the negligence of labor laws and human rights. If Apple is violating labor rights and involved in child labor, the company could suffer a loss to customers and investors. The violations could also be grounds for a large financial loss if the company faces a lawsuit. Can it be solved with Business Research Apple has been dealing with accusations that essentially claim they are violating labor rights. In 2014, an author for ‘The New York Times’ stated “The employees are made to work excessive overtime and handle toxic chemicals without proper protective clothing.” (Gough & Chen, 2014) Thorough business research can solve many of the problems and accusations that Apple is facing. The proper research could provide resources and ideas to administer that can prevent any unethical conditions that are occurring or may occur...
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...Preparing to Conduct Business Research: Part 1 Vanessa Siatkowski RES/351 Gustavo Diaz April 15th, 2015 Preparing to Conduct Business Research: Part 1 Dedicated employees most of the time work hard for their corporation and enjoy the work they do for that company. Employees tend to work more hours and are passionate about the brand they represent. Working for the cruise industry, for example, Carnival Cruise Lines, Royal Caribbean, Norwegian Cruise Lines are all huge corporations that have employees who enjoy their job. These companies present challenges and fun assignments while preforming the job. With every corporation comes changes, changes which help benefit the organization. In this paper we will explain some of the issues and the opportunities the industry faces. Most of all of the organizations in this industry used to have a department within the corporation that was dedicated to the ticket sales for guest to purchase and departments which would man the port operation of disembarking and embarking these guests on their vessels. With every large corporation comes movements from within to help the company save on liability and earn more money. Department like these have employees that work full time hours that make the company provide benefits to the employees. The company now provides the employee with health, dental, vision, etc. insurance paid by the corporation. In the event the employee has an issue with a guest the company now has to pay a lawyer to...
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