StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Inaccurate Research in Business Management - Assignment Example

Comments (0) Cite this document
Summary
This paper provides an inaccurate research in business management. Travel data plays a vital role in aiding travel managers in taking control of traveling expenditure, negotiating with suppliers, increase compliance, and manage security and safety risks. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.5% of users find it useful
Inaccurate Research in Business Management
Read TextPreview

Extract of sample "Inaccurate Research in Business Management"

Inaccurate research in business management Inaccurate research in business management Travel data plays a vital role in aiding travel managers to take control of traveling expenditure, negotiate with suppliers, increase compliance, and manage security and safety risks. However, management of travel data requires a great deal of improvement. Different researchers have carried out several studies in efforts to improve travel data. This has resulted in some sloppy and inaccurate research being released. This paper seeks to describe an inaccurate research released in the field of business management.
GBTA Foundation, the Global Business Travel Association released a research with findings that in spite of the exhibited value of travel data, travel managers still struggle to process and manages multiple sources of travel data in order to realize their business goals. GBTA concludes that travel managers waste more than 400000 hours consolidating travel data. I find the details of this research sloppy and inaccurate. This is because, the survey conducted during this research details that travel managers are not yet convinced that they own an accurate or complete picture of the sum total cost of individual trips. The study respondents are depicted to struggle to have their data reconciled, and spend about 442,000 hours in staff time per year, and/ or 22.7 million dollars manually cleaning and reconciling travel data.
These findings are associated with a number of shortcomings in terms of how travel managers receive and use their travel data. This is because, in the same study, it is indicated that about 82% of travel managers agree that they manage multiple data, but experience challenges reconciling differences in reports because of data formatting. In addition, about 64% believe that they have a complete and accurate data, and are within the expenditure expected. Even though these findings could be accurate, the assumptions may not apply to all travel managers. This is because only 15% of travel managers, according to the same study, consolidate their data. Therefore, a huge number of travel managers were probably left out of the study, and the generalization of the results is not warranted, inaccurate.
References
Delanty, G., & Strydom, P. (Eds.). (2003). Philosophies of social science: The classic and contemporary readings. Philadelphia, PA: McGraw-Hill.
Johnson, P., & Duberley, J. (2000). Understanding management research: An introduction to epistemology. Thousand Oaks, CA: Sage Publications.
Kuhn, T. S. (2012). The structure of scientific revolutions. Chicago, IL: University of Chicago Press.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Inaccurate Research in Business Management Assignment”, n.d.)
Inaccurate Research in Business Management Assignment. Retrieved from https://studentshare.org/management/1631805-inaccurate-research-in-business-management
(Inaccurate Research in Business Management Assignment)
Inaccurate Research in Business Management Assignment. https://studentshare.org/management/1631805-inaccurate-research-in-business-management.
“Inaccurate Research in Business Management Assignment”, n.d. https://studentshare.org/management/1631805-inaccurate-research-in-business-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Inaccurate Research in Business Management

Systems and Operations Management

...up, corporate finance issues do arise more than frequently. These problems may lead to inaccurate evaluation of the enterprise and, thus, it would make it difficult to raise capital for the enterprise’s expanding operations. Systems and Operations management Analysis and Evaluation: Business Analysis: The diagram highlights the business model of the firm. This tool for analysing the organization breaks the organization’s operating model into its components. By analysing these components, it can be found where the discrepancy lies. It will be also beneficial to view the internal processes of each department and domain. Input-Process-Output Analysis: The...
11 Pages(2750 words)Assignment

Project Management - Business Research Methods

...………………………………………………………………………….xxxxxx …………………………………………………………………….xxxxxx …………………………………………………………………………xxxxx ………………………………………………………………………..xxxxx @2012 Critical analysis: business research methods Question1 Scientific research should be guided by a principal research question stated within the FINER criteria. The question should be feasible (F) in terms of covering manageable scope such that it is possible to get relevant answers. It should be interesting (I) to the researcher and peers in the field of study by developing a response to debate issues in the field of study or practice. A novel (N) research question confirms,...
12 Pages(3000 words)Essay

Business and Management Research methods

...? Business and Management Research Methods Part1: Evaluating Published Research Number School Word Count Part1: Evaluating Published Research “Online Shopping Behavior: Key Dimensions and Research Synthesis” The article published in the Contemporary Management Research in 2006 was written by four authors: Dong Shen, Craig Kelly, Joseph Richards and Claudia Bridges, all from the California State University in Sacramento, California. The research focused on identifying crucial media factors that influence consumer behavior on online shopping. The four key dimensions that were evaluated as...
12 Pages(3000 words)Assignment

'Memory is simply biased, inaccurate history.' Discuss

...-assertion and self-reflection particularly during the times of trouble like wars. “It sets the stage for thinking about the world in secondhand terms of rupture and repair, of displacement and resettlement, of disconnection and remembrance” (Fritzsche, 2001, p. 116). Conclusion The phrase “memory is only biased, inaccurate history” means that people tend to remember only the parts of history that fulfill their concerns and address their needs and motivations. That is to say, the history remembered by people is inaccurate because it is remembered just in part rather than in its entirety. Various theories of memory have been proposed to date and a lot of research has been done in this...
9 Pages(2250 words)Essay

Research methods for business and management

...? Research Methods for Business and Management Task Critiquing an Academic Research Paper – A Guide In the article, “Factors influencing the transition to university service mathematics: part 2 a qualitative study,” by Miriam Liston and John O’Donoghue, many critiques can be established from all sections of the research paper. The task 1 of this paper will be based on the critiques of the research paper including the preciseness of the abstract to the research objectives and what the research discusses, and the adequacy or relevance of the literature used. This task looks at the abstract, the...
10 Pages(2500 words)Essay

Business and Management Research Methodology

...Order 151957 Business and Management Research Methodology Q Major steps in formulating a business management research problem In this section we present a summary list of requirements expected of a candidate setting out to conduct a research study in business management. The list would include essentially the following: i. a definition of the clear purpose for the research; formulating a set of questions to guide it; and providing a justification for the choice of topic; ii. undertaking information searches in an academic context, using academic libraries, online resources, or archives; iii recognition of the appropriate boundaries of the literature in a selected field and make judgments about what should be excluded, to produce... ,...
13 Pages(3250 words)Essay

International Business Management Research Proposal

...Research Proposal Topic International Political environment and the scope for a profitable business in oil and gas sector Background Energy is one of the prime requirements for making the earth a vibrating place to live in. In almost all spheres of life we require energy in different forms to carry forward the routines, allow human beings to travel from one place to another and businesses to prosper. Therefore, any business involving the oil and gas is bound to find scope in the international arena. But, the increasing emphasis being put down by the society towards environment friendly technologies and business practices poses a tough challenge for the...
4 Pages(1000 words)Research Proposal

Lean management

... with consumer demand forecasts. Under this strategy, particular stock levels are maintained to meet the forecasted demand levels. This business production strategy can be efficient only if the product demand is forecasted accurately. However, inaccurate demand forecasts would end up in financial losses resulting from excessive inventory or stockouts. References Fleuren, H., Hertog, D & Kort, P. (2006). Operations Research Proceedings 2004: Selected Papers of the Annual International Conference of the German Operations Research Society. US: Springer Science & Business Media.... Lean Management: Stock strategies The Make to Order (MTO) can be defined as a business production strategy that assists consumers...
1 Pages(250 words)Essay

Management Development

...better relate with other people and systems (Cavallo, 2004 p.1-2). Role of emotional intelligence as a management development intervention resulting in improved performance is well established through many researches and industry studies e.g. Pilling & Eroglu (1994). Dreher and Dougherty while referring to Bandura’s theory of social learning state that human behaviour may not change in absence of any direct “powerful forces” at the specific work behaviours that are needed for execution of the business strategy. This implies that organisations must define and determine required work behaviours to achieve desired work culture by effective use of behaviour reinforcing mechanisms. These...
11 Pages(2750 words)Research Paper

Understanding Business and Management Research

... Part 1: Evaluating published research Introduction The terms business and management refer to the different elements that make up the working of an organization. This includes its objectives, plans, policies, practices, strategic planning and organization, marketing, information, technology, communication and financial planning (Bryant, 2011). These elements combined with other systemic elements define the business models and operating methods used by the enterprise in attracting and retaining its customers. Business research and methods involve an understanding of these inter-related domains for effective understanding and theorizing...
15 Pages(3750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Inaccurate Research in Business Management for FREE!

Contact Us