Business Research Methods Essay Example | Topics and Well Written Essays - 3000 words

business enterprise Research Methods - Essay ExampleToday, highly advanced technologies ar available and that can be utilize for diverse purposes of an organization. Information technology, mainly use of computer and bundle-assisted tools can be used for explore and various other organizational functions. In explore, different types of software can be used to ensure greater accuracy and dependability of the information or information being collected and studied. Purposes of Organizational Research disdain organizations require useful, valid and accurate data in order to run the business effectively. When data are made available in the form of raw and they are converted to more useful, analyzed, synthesized and evaluated form, known as information, they are more helpful to managers to make appropriate decisions (Sekaran, 2003, p. 42). Basically, the research is conducted for two different purposes, one is to descry a resolution to a current problem faced by managers in spe cific rick setting and it requires timely solution. This is known as applied research. The second is to generate a body of fellowship in order to solve certain problems that are apt(predicate) to occur within the organization. it is known as basic research (Sekaran, 2003, p. 7). For a business organization, financial and various other functional data athletics vital roles in decision making and many other managerial functions. For example, sales figures, gross and force out put on, sales returns, reasons for sales return, commission or interest received, percentage increase in interest and profit and many other financial data are of greater use to the business. Both financial and precaution accounting departments can make use of these information for various decision making and strategic mentation processes. As Ghauri and Gronhaug (2005, p. 5) noted, business organizations are attempting to develop strategic monitoring programs in order to help them line and recognize compe titors strengths, weaknesses and overall business strategies. Business firms can establish computer-based analysis so that they can deliver better information-management system to help them develop effective strategies and thus to sustain business success. As it is unclutter with any case, none can take decisions on any important issue unless a more deep investigation about that specific issue can be conducted. This investigation is more likely to help analyze all these information to make a judgment about the right solution to the specific problem being identified. Business Research with presently available software Generally, in new-fashioned years computer has become an integral part of business and it plays extremely significant roles in research as well. In simple terms, computer software like Microsoft Word, Microsoft Excel and any other spreadsheet or document software that are currently available are widely used for various research purposes. All these sorts of software a re used for recording, listing, analyzing, interpreting, calculating, controlling, evaluating and synthesizing different types of data. For instance, Microsoft Excel can be used for calculations and data presentation in a large numbers of different formats. Apart from these very basic software tools that are widely used for organizational research, following are some of other software that lose recently gained significant importance in research. 1- Groupware- Groupware is a software, linked to net leading to help research team work on