chapter 1 intro to business research Flashcards
(19 cards)
types of research
- descriptive
- explanatory
- predictive
what is descriptive research
describes characteristics of the issue but not why
what is explanatory research
explains reason behind the issue
what is predictive research
predicts future occurrences based on current data
types of business research
- applied
- basic
purpose of applied vs basic
applied: to solve a specific problem
basic: build general knowledge for future use
what is the focus of applied vs basic research
- applied: immediate solutions
- basic: broader, theoretical understanding
who conducts it applied vs basic
-applied: companies or consultants
- basis: academics or universities
what is internal
research
research conducted within the organization
advantages of internal researchers
- familiar with company structure
- better chance of being accepted by employees
- lower cost compared to hiring outside firm
- available to implement their recommendations
disadvantages of internal researchers
- may lack fresh ideas and perspectives
- risk of bias
- may not be perceived as experts by managers
advantages of external research
- more experience from working with other organizations
- more up to date on new problem solving techniques
- fresh unbiased perspectives
disadvantages of external research
- cost is high
- need more time to understand the organization
- rarely accepted by the employees
- charge additional fees for implementation and evaluation
define ethics in business research
code of conduct for behavior accepted while conducting research
ethics applies to
1.sponsors (acting in good faith)
2. researchers (honest and unbiased)
3. participants (protected rights, informed consent)
ethical principles
- harm to participants
- informed consent
- privacy
- deception
- data manipulation
other legal and ethical considerations
- data management
- copyright
- affiliation and conflict of interest
- NDA
define ethical responsibility
conduct research honestly and with integrity at all stages of the research cycle
forms of ethical violation
- selective sampling
- not reporting survey response rates
- biased data collection
- making up data
- falsifying results
- trimming data
- biased analysis