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Home Blogs RES800 – BUSINESS RESEARCH

by Lucy Martin

Updated March 10, 2022

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RES800 – BUSINESS RESEARCH

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Subject Code

:

RES800

Subject Name

:

Business Research

University Name

:

International College Of Management, Sydney

Introduction of Business Research

B

usiness research is the systematic and objective study of business operations with the aim of improving performance.

B

usiness research is the systematic and

The Business Research field is defined as "the study of how and why companies work and how they can be improved."

objective study of business operations with the aim of improving performance. The Business Research field is defined as "the study of how and why companies work and how they can be improved."

Students learn how to develop evidence based business decisions through the application of different research theories relevant to business.

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Research Methods

Qualitative research methods are methods which deal with numerical data. A list of methods used to carry out business research is- Survey Research, Correlational Research, Experimental Research, and Outline Research.

Qualitative research methods are methods that deal with non-numerical data like text, videos, etc. Qualitative research has high importance in business research. Data can be collected by the means of Interviews, Focus groups, and Case study research.

Business research is expected to be very important in any business as it helps the managers to identify threats and opportunities in advance.
Risk and uncertainties can be eliminated or minimized.
No doubt business research helps in better decision making.

Learning Outcomes

Analyse ethical issues and considerations in applied business research and their applicability.

Assist in the development of a business research proposal by applying research theories and procedures.

Convey arguments succinctly based on a synthesis of literature and business research concepts.

Apply and analyse managerial issues and develop appropriate research questions and research designs.

Apply advanced knowledge and abilities in data collection, analysis, and interpretation for both qualitative and quantitative data.

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Details of the Assignment

Students need to submit a 3000-word Business Research Proposal which includes their research objective, questions, literature review, research methods (sample, sampling, instrumentation, data collection, and analysis), and the proposed timeline. The Business Research Proposal needs to demonstrate students’ advanced understanding of research theories and methodologies and their synthesis of the literature in the field to develop original contributions and suggest specific recommendations for improvement.

Students need to review a range of qualitative and quantitative research methods which align to their research question and literature review. Write a 1500-word research methodology report on how you will address your research question and provide an argument about why you chose those research method/s and how the data will be analyzed.

Format & Structure of Report

Business research is expected to be very important in any business as it helps the managers to identify threats and opportunities in advance.
Risk and uncertainties can be eliminated or minimized.
No doubt business research helps in better decision making.

ICMS Cover Page

Table of Contents

Synopsis / Executive

Summary

Introduction

Findings

Conclusion

Recommendations

Reference List

Appendices

Conclusion

Business education helps students acquire the skills and knowledge they need in order to conduct effective research.

Assignment.world is one of the most demanding platforms regarding the business research assignments. Provide all the necessary details and proper research work in Business covering every aspects possible as per the Academic Graduated. Whenever you need assistance with an assignment, feel free to contact me.

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FAQs

                        Why is market research necessary in a marketing plan for small business?
                    
                            Market re­search is crucial in a marketing plan for small businesses. It pinpoints your target custome­rs, learns about competitors, and monitors industry tre­nds. That means your marketing is knowledge­able and targeted.
                        
                        How can I set practical marketing goals for my small business?
                    
                            Create Specific, Measurable­, Achievable, Rele­vant, Time-bound (SMART) obje­ctives in your marketing plan for small business. This will provide a straightforward path and a way to gauge progre­ss. For example, Your target is to boost the inte­raction on social media by 30% within half a year.
                        
                        What performance metrics should I include in my marketing plan for small businesses?
                    
                            The main ones for your marketing plan for small businesses include­ the amount of online traffic you draw, the number of visitors who become custome­rs, the cost of drawing in customers, and social media activity. The­se can show how well your marketing is working and what ne­eds changing.