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Summary BRT: Additional information (book/articles) that is not in slides: Questions & Answers -2023

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Research - -the process of finding solutions to a problem after a thorough study and analysis of the situational factors. -Applied research - -to solve a current problem faced by the manager in the ... work setting, demanding a timely solution. -Fundamental research - -to generate a body of knowledge by trying to comprehend how certain problems that occur in organizations can be solved. -Internal consultant - -some organizations have their own consulting or research department -Ethics - -a code of conduct or expected societal norms of behavior while conducting research. -Why should managers know about business research (3): - -To perform business research To steer business research To evaluate business research -When hiring researchers, managers should make sure that (3): - -(1) The roles and expectations are made explicit. (2) Relevant philosophies of the organization are clearly stated (3) A good rapport is established -Seven-step deductive research process - -1. define the business problem 2. formulate the problem statement 3. develop a theoretical framework/ develop hypotheses 4. choose a research design 5. collect data 6. analyze data 7. write-up -Inductive research - -Begin by making specific observations and then work towards generalizations -Deductive research - -Begin by formulating generalizations (theory) then work towards specific confirmations -The 8 hallmarks of scientific research - -1. purposiveness 2. rigor 3. testability 4. replicability 5. precision and confidence 6. objectivity 7. generalizability 8. parsimony -Purposiveness - -knowing the why of your research -Rigor - -ensuring a good theoretical base and thought-out methodological design -Testability - -Able to test logically develop ideas based on data -Replicability - -finding the same results if the research is repeated in similar circumstances -Precision and confidence - -drawing accurate conclusions with a high degree of confidence -Objectivity - -conclusions based on facts, not subjective ideas -Generalizability - -applying results from a study sample to the larger population -Parsimony - -shaving away unnecessary details - [Show More]

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