Business Research 

on wiseGEEK:

 All business research is done to learn information that could make the company more successful. Business research methods vary depending on the size of the company and the type of
information needed.
 Business courses vary greatly, but most rely on the idea that successful strategies can be studied and applied practically. As such, a successful business research paper will demonstrate
that the author understands a specific topic and has formulated opinions about it that go above and beyond its current use.

Business research and development (R&D) refers to the process of developing and testing new products that eventually may be put on the market. This process is especially important to pharmaceutical
companies, technology companies, and some types of industrial companies, but has implications for many other kinds of businesses as well. Those who are able to keep customers in the marketplace happy
with fresh innovations and new ideas often find they have a leg up on the competition.

Business Research (BuR) is a semi-annual, academic journal in English that is published by the German Academic Association for Business Research (VHB) and supported by the German Research

Foundation (DFG). The major focus of the journal is the publishing of high quality empirical, theoretical, and methodological articles dealing with important scientific topics in the five major fields of

business research, i.e., accounting, finance, management,marketing and operations & information systems. Editor-in-chief is Soenke Albers, Christian-Albrechts-University at Kiel.

To assure that only high quality papers are published, all research articles are subject to peer review before they appear in the journal. While the actual members of the board of editors are of German or

Austrian nationality, the editorial review board represents 15 countries. The goal of the editors is to provide timely feedback within 70 days after submission. For the first three issues, the

average review time was 46 days with an acceptance rate of 20%.

BuR is an open access journal. Articles published in this electronic journal are made available to the public for free. In addition, articles published by BuR are listed in, and hence can be found and

accessed by, databases like EBSCO, SSRN and others. A specific feature of BuR is the opportunity to publish online appendices (e.g., datasets, simulations etc.) along with the article itself. For this

purpose, the German Academic Association for Business Research (VHB) cooperates with the City- and University Library Cologne and the Library Service Center for North Rhine-Westphalia (hbz) in

technical and editorial issues.

Business Research
The business world becomes so confusing and difficult to manage sometimes without a plan. In order to remain competitive and
continue to grow your business you must be able to make decisions based upon facts and this can only come from knowledge.
Knowledge is acquired from research and the ability to understand and maintain that ability of research you must know how to use
research methods. We will describe how research is conducted and review some of the ways it can be gathered and used in everyday
business affairs. informed decisions on business matters. It is also important to me so I target markets for new products and services; I
can understand new markets of our or your existing products and services and so I can understand your organization's public image
and where you are perceived in the market sector. We use research to gain understanding about our business processes. This is true of
almost all functions in my business when I want to learn about a process or how something works then I research the subject and then
apply what knowledge I have gained toward the subject or process that is of interest.
An example of this was when I needed to understand some of the reasons why we were having problems in one of our departments. I
used research in the decision process so I could learn about customer service performance and make improvements in weaker areas of
the business process. This can be a lengthy discussion but we will focus on how the it that affects me. Throughout the discussion I will
provide and justify recommendations that I feel would make the process more effective or efficient
Why do we do research? This is really a question that I thought of when I started thinking about this paper. I use research to so I can
make

Basic Business Research Methods

Organizations use research, especially in market research activities. Market research is used to identify potential markets, the needs and wants of each, how those needs and
wants can be met, how products and services could be packaged to be most accessible to customers and clients, the best pricing for those products and services, who the
competitors are and how best to complete against each, potential collaborators and how to collaborate with each -- and many other applications of research. Organizations can
conduct this research without having to have advanced skills. This topic aims to explain the most important practices in research that provide the most useful results.
Sections of This Topic Include the Following

Planning Your Research

Management consulting
From Wikipedia, the free encyclopedia

  (Redirected from Management consultant)

Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing business problems and development of

plans for improvement.

Organizations hire the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants' specialized expertise.

Because of their exposure to and relationships with numerous organizations, consulting firms are also said to be aware of industry "best practices", although the transferability of such practices from one

organization to another may be problematic depending on the situation under consideration[citation needed].

Consultancies may also provide organizational change management assistance, development of coaching skills, technology implementation, strategy development, or operational improvement services.

Management consultants generally bring their own, proprietary methodologies or frameworks to guide the identification of problems, and to serve as the basis for recommendations for more effective

orefficient ways of performing business tasks.

A case study is a research method common in social science. It is based on an in-depth investigation of a single individual, group, or event. Case studies may be descriptive or

explanatory. The latter type is used to explore causation in order to find underlying principles.[1][2]

Rather than using samples and following a rigid protocol (strict set of rules) to examine limited number of variables, case study methods involve an in-depth, longitudinal (over a long period of time)

examination of a single instance or event: a case. They provide a systematic way of looking at events, collecting data, analyzing information, and reporting the results. As a result the researcher may gain

a sharpened understanding of why the instance happened as it did, and what might become important to look at more extensively in future research. Case studies lend themselves to both generating and

testing hypotheses.[3]

Another suggestion is that case study should be defined as a research strategy, an empirical inquiry that investigates a phenomenon within its real-life context. Case study research means single and

multiple case studies, can include quantitative evidence, relies on multiple sources of evidence and benefits from the prior development of theoretical propositions. Case studies should not be confused

with qualitative research and they can be based on any mix of quantitative and qualitative evidence. Single-subject research provides the statistical framework for making inferences from quantitative

case-study data.[2][4] This is also supported and well-formulated in (Lamnek, 2005): "The case study is a research approach, situated between concrete data taking techniques and methodologic

paradigms."

Action research is a reflective process of progressive problem solving led by individuals working with others in teams or as part of a "community of practice" to improve the way they address issues and
solve problems. Action research is done simply by action, hence the name. Action research can also be undertaken by larger organizations or institutions, assisted or guided by professional researchers,
with the aim of improving their strategies, practices, and knowledge of the environments within which they practice. As designers and stakeholders, researchers work with others to propose a new course
of action to help their community improve its work practices (Center for Collaborative Action Research). Kurt Lewin, then a professor at MIT, first coined the term “action research” in about 1944. In his
1946 paper “Action Research and Minority Problems” he described action research as “a comparative research on the conditions and effects of various forms of social action and research leading to
social action” that uses “a spiral of steps, each of which is composed of a circle of planning, action, and fact-finding about the result of the action”.
Research can be defined as the search for knowledge, or as any systematic investigation, with an open mind, to establish novel facts, usually using ascientific method. The primary purpose for applied

research (as opposed to basic research) is discovering, interpreting, and the development of methods and systems for the advancement of human knowledge on a wide variety of scientific matters of our

world and the universe.

Scientific research relies on the application of the scientific method, a harnessing of curiosity. This research provides scientific information and theories for the explanation of the nature and the

properties of the world around us. It makes practical applications possible. Scientific research is funded by public authorities, by charitable organizations and by private groups, including many companies.

Scientific research can be subdivided into different classifications according to their academic and application disciplines.

Artistic research, also seen as 'practice-based research', can take form when creative works are considered both the research and the object of research itself. It is the debatable body of thought which

offers an alternative to purely scientific methods in research in its search for knowledge and truth.

Historical research is embodied in the scientific method.

The phrase my research is also used loosely to describe a person's entire collection of information about a particular subject.

The Research Methods Institute (the RM Institute) is a well-known non-profit global organization aiming to

empower researchers and analysts with publications and programs and platforms on research methods and analytics.

The institute was started in 2001 as an informal network of research methods experts, and then grew into a global service organization.

The institute has an international committee of scientific advisors, and now manages a world-wide network of more than 4200 experts

and professors in research methods and business analytics. It also manages the Global Education Consortium on Research Methods

and Business Analytics, which has participation of more than 300 universities in more than 40 countries.

Both its headquarters office and its English language service centre are based in Los Angeles, with many representative centres

established in Chinese language regions, Russian language regions and in India.

Research can be defined as the search for knowledge, or as any systematic investigation, with an open mind, to establish novel facts, usually using ascientific

method. The primary purpose for applied research (as opposed to basic research) is discovering, interpreting, and the development of methods and systems for

the advancement of human knowledge on a wide variety of scientific matters of our world and the universe.

Scientific research relies on the application of the scientific method, a harnessing of curiosity. This research provides scientific information and theories for the

explanation of the nature and the properties of the world around us. It makes practical applications possible. Scientific research is funded by public authorities, by

charitable organizations and by private groups, including many companies. Scientific research can be subdivided into different classifications according to their

academic and application disciplines.

Artistic research, also seen as 'practice-based research', can take form when creative works are considered both the research and the object of research itself. It

is the debatable body of thought which offers an alternative to purely scientific methods in research in its search for knowledge and truth.

Historical research is embodied in the scientific method.

The phrase my research is also used loosely to describe a person's entire collection of information about a particular subject.

Research can be defined as the search for knowledge, or as any systematic investigation, with an open mind, to establish novel facts, usually using ascientific

method. The primary purpose for applied research (as opposed to basic research) is discovering, interpreting, and the development of methods and systems for

the advancement of human knowledge on a wide variety of scientific matters of our world and the universe.

Scientific research relies on the application of the scientific method, a harnessing of curiosity. This research provides scientific information and theories for the

explanation of the nature and the properties of the world around us. It makes practical applications possible. Scientific research is funded by public authorities, by
charitable organizations and by private groups, including many companies. Scientific research can be subdivided into different classifications according to their

academic and application disciplines.

Artistic research, also seen as 'practice-based research', can take form when creative works are considered both the research and the object of research itself. It

is the debatable body of thought which offers an alternative to purely scientific methods in research in its search for knowledge and truth.

Historical research is embodied in the scientific method.

The phrase my research is also used loosely to describe a person's entire collection of information about a particular subject.

Research methods

The goal of the research process is to produce new knowledge. This process takes three main forms (although, as previously discussed, the boundaries between

them may be obscure.):

 Exploratory research, which structures and identifies new problems

 Constructive research, which develops solutions to a problem

 Empirical research, which tests the feasibility of a solution using empirical evidence

The research room at the New York Public Library, an example of secondary research in progress.

Research can also fall into two distinct types:

 Primary research (collection of data that does not yet exist)

 Secondary research (summary, collation and/or synthesis of existing research)

In social sciences and later in other disciplines, the following two research methods can be applied, depending on the properties of the subject matter and on the

objective of the research:

 Qualitative research (understanding of human behavior and the reasons that govern such behavior)

 Quantitative research (systematic empirical investigation of quantitative properties and phenomena and their relationships)

Research is often conducted using the hourglass model Structure of Research.[1] The hourglass model starts with a broad spectrum for research, focusing in on

the required information through the methodology of the project (like the neck of the hourglass), then expands the research in the form of discussion and results.

Business Research (BuR) is a semi-annual, academic journal in English that is published by the German Academic Association for Business Research (VHB)

and supported by the German Research Foundation (DFG). The major focus of the journal is the publishing of high quality empirical, theoretical, and

methodological articles dealing with important scientific topics in the five major fields of business research,

i.e., accounting, finance, management,marketing and operations & information systems. Editor-in-chief is Soenke Albers, Christian-Albrechts-University at Kiel.

To assure that only high quality papers are published, all research articles are subject to peer review before they appear in the journal. While the actual members

of the board of editors are of German or Austrian nationality, the editorial review board represents 15 countries. The goal of the editors is to provide timely

feedback within 70 days after submission. For the first three issues, the average review time was 46 days with an acceptance rate of 20%.

BuR is an open access journal. Articles published in this electronic journal are made available to the public for free. In addition, articles published by BuR are

listed in, and hence can be found and accessed by, databases like EBSCO, SSRN and others. A specific feature of BuR is the opportunity to publish online
appendices (e.g., datasets, simulations etc.) along with the article itself. For this purpose, the German Academic Association for Business Research (VHB)

cooperates with the City- and University Library Cologne and the Library Service Center for North Rhine-Westphalia (hbz) in technical and editorial issues.