Current Events in Business Research Essay Example for Free

Current Events in Business Research EssayI had a hard time trying to figure out a bunk that I do at work or one that I would Id like to in the future so I picked from Chapter 3 of our reading, The Bringing Research to Life of the Business Research Methods section which illustrates a scenario. Myra Wines is a woman that was hired by the U.S. Army to investigate and investigate with her team up whether or not the examination area where the army uses its munitions testing was a direct connection or cause to the civilian death rate change magnitude since the range opened. There are a few issues here that Myra and her team will need to research and investigate. There are local activists voicing their concern, career to shut down the range due to being environmentally hazardous. Another issue was these duds or bombs that didnt explode when it hit the ground spillage off randomly, as the Army believed that its dead shells would only explode if another bomb was dropped on it to c ause it to ignite. According to the Army, civilian deaths could not be attributed to their munitions testing area due to their testing of dropping the duds to torching them to try and ignite them. Wines and team hypothesized that the dead shells could potentially explode and leave no trace of the payoff taking place.Wines and team, met with Army representatives to go over the reports regarding dead shells or duds. By reviewing these materials they would be able define the management question which in human action would help by coming to a conclusion for the research question. The research team had to look at all the personnel that came in contact of shells, results that the explosions were leaving, and the absolute frequency of dead shells Army states one out of twenty) to be able to come up with better research questions. The teams observation showed them that civilians were actually curtain raising up the bombs to salvage anything that had value. Unfortunately the bombs explo ded and vaporizing the scavengers. Wines research team reviewed the data they collected, concluding that the civilians were thrill seekers and the scavenging fit into their thrills. Wines and team discussed theirconclusions to the Army, in which the Army to develop and implement policies to lessen avoidable civilian deaths. The teams conclusions after reviewing the data, determined that the Armys best management decision was to set off every dud shell at the end of each testing day and put kerosene on them so bombers can see at nighttime and drop bombs to destroy the duds.Because of Wines and the teams research, the Army implemented new procedures and the civilian death rate dropped. Research is a very fundamental aspect to any company that is seeking to gain success or get the up hand on competitors. Searching for methods that will add value to companies is also considered the business research process. When researching, one must consider what is in the best interest of the comp any, its employees, the sponsor, and the community. Business research is important when determining what types of services companies are considering and required to analyze business situations. It is important to research the full potential of the service and what will the company gain from it. Business research is used to do analysis of the industry, its products and to identify customer groups.It also is an important tool for management to make better business decisions. If the risk is too high, and there is not oft that progress that the company will gain from providing the services, then it might be best to hold off a while longer. One of the keys to research is to walk out surveys, talk to all parties involved, and provide reasons for and/or against the objective of the research before it can even be considered. At my employer, we do employee surveys once a year. This is a way for the company to do research on the employees likes, dislikes, and complaints. By doing surveys, companies can get employees to open up and get answers to critical questions confidentially.ReferencesCooper, D. R., Schindler, P. S. (2014). Business research methods (12th ed.). Boston, MA/USA McGraw-Hill/Irwin.