Carson Shelia Managerial Decision Unit 1

Carson Shelia Managerial Decision Unit 1 - Shelia Carson...

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Shelia Carson Managerial Decision Making + Research Design, Part 1 Unit 1- Individual Project November 14, 2010 Instructor: Professor Betty Ross
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Abstract Developing a formal research or a business proposal requires attention to detail, time, commitment, and careful planning. Any successful research or proposal communicates the goals as a business and maps out the path. In analyzing the theoretical and practical between formal research and business proposals their common share is getting the job done.
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Running Head: Managerial Decision Making + Research Design Page 2 Introduction Professional managers need to know the research methods that they will have to become familiar with in order to run their business effectively. The manager who is knowledgeable about research can interact effectively with them Knowledge about research processes, design and interpretation of data also helps managers to become discriminating recipients of the research findings presented, and to determine whether or not the recommended solutions are appropriate for implementation. (Sekaran & Bougie, 2009) Formal Research & Business Proposals The primary purpose for a formal research is to find and understand data and information that can be considered as an organizational pattern. A formal research paper should flow from the general aspect and then on to the specific aspect. (umuc.edu) Business proposals are business decisions where the problem is framed as a potential contribution to scholarly research. It searches for data source to make decisions whereas formal resource generates its own data to make discovery. According to (Sekaran & Bougie, 2009), a formal research has three components: general framework, a specific focus, and bibliography. Looking at the general framework it identifies the top and tells why you wish to research it. It is essential to explain how the topic relates to you and how it will be useful to self and others. (Sekaran & Bougie, 2009). A specific focus provides several questions that need to be answered in relation to the research topic. The questions should be framed in order to be clarified, proven, and in support of the
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answers that are provided. (Sekaran & Bougie, 2009) A working bibliography shows the sources
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