Business research methods - Essay Example

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Research Process essentially involves several important stages such as preliminary steps, problem definition, management dilemma, primary or secondary data collection, literature reviewing, data analysis, presentation of findings and problem solution etc…
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Download file to see previous pages Research Process essentially involves several important stages such as preliminary steps, problem definition, management dilemma, primary or secondary data collection, literature reviewing, data analysis, presentation of findings and problem solution etc Out of these research process stages, the problem definition stage is perhaps most important one as effectiveness and successful completion of all other stages are largely depending on problem definition stage. Some of the stages in the research process are more critical than others. For instance, problem definition is most important step because it determines how to set the direction for the remainder of the steps that follow (Neelankavil, 2007, p. 57). The problem to be solved in a research or the issue to be identified must be clearly defined so that more appropriate solution to the same problem can be developed and this illustrates why problem definition stage is more important in the research process. What is Problem Definition and Why it is Important? Sekaran (2003, p. 70) defined Problem Definition, or often termed as Problem Statement, as a clear, precise and succinct statement or description of the question or issue that the organization need to investigate with the goal of finding an answer or solution to the same problem....
in to different functional areas in the organization such as sales, purchase, profit, inventory handling etc can be successfully done only if the problem is clearly defined. Malhotra (2008, p. 38) emphasized that problem definition in research process is the most important step because it involves stating the general problems and identifying various components of the research itself. If problem is clearly defined, significant components that can be made use in the research also can be identified. Therefore, it is very clear that the research can be well-designed and conducted properly only if the basic research question is properly defined. As Malhotra (2008, p. 38) noted, none in all the tasks involved in a research project is more vital to the ultimate fulfillment of a client’s needs and requirements than a proper problem definition. Time, efforts and money spent on any research process can be a mere waste if the problem is ill-defined. An example can illustrate how important is problem definition in a research process. An organization that experiences less- morale among its employees may need to investigate why its people are less morale and how it can be resolved. In order to investigate this issue, the problem should be clearly defined. If the researcher defined the problem as less efficiency among the employees, or less productivity among the workers or decreased commitment among managers, the problem is not clearly defined and the solution the research may bring would be of no use to the organization. Following are some of the main reasons why problem definition is more important than solution and any other steps in a research. A well defined problem helps the researcher plan all other research steps to be conducted properly, All other steps like data ...Download file to see next pagesRead More
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