Wednesday, May 6, 2020
Understanding Business Research Terms and Concepts Part 1...
Understanding Business Research Terms and Concepts: Part 1 Two research studies, The Workers Compensation Experience: A Qualitative Exploration of Workers Beliefs Regarding the Impact of the Compensation System on Their Recovery and Rehabilitation and A Comparative Study between Army Civilian Workforce and Private Industry Workforce Workers Compensation Claims Management, pertaining to workerââ¬â¢s compensation will be analyzed. This paper will identify the research design used in each article, the strengths and weaknesses of each approach, how both methods can be used effectively, and which method is works best in the Human Resources field. Article Summaries The first article, The Workers Compensation Experience: A Qualitativeâ⬠¦show more contentâ⬠¦The study concluded that the Army should collect total cost spent and total cost saved on each claim, as well as streamline their program and policies effective in all of their related organizations and offices (Hart, 2014). Strengths and Weaknesses Qualitative and quantitative methods are used for different objectives, and each one has its set of strengths and weaknesses. Qualitative research is used to reach a thorough understanding and the line between facts and judgments may sometimes become blurred (Cooper Schindler, 2014). Consequently, organization managers have difficulty trusting the accuracy of the data provided by qualitative research. In contrast, quantitative research is used to build and test a theory, and this method maintains the distinction between facts and opinions (Cooper Schindler, 2014). However, quantitative research also fails to provide deeper understandings of the research topic that is often needed to make managerial decisions. Combined Approach Both research studies mentioned would benefit from the use of both research methods because each method compensates for the other methodââ¬â¢s shortcomings (Cooper Schindler, 2014). Since both articles only used one method instead of both, it lacks the benefits of the other method. In addition, the weaknesses of the chosen method are apparent in the study. For example, the qualitative article lacks the accuracy and well-defined data thatShow MoreRelatedEssay about Research project 1704 Words à |à 3 Pagesï » ¿Research Log Project Part 1 for Note: This project received faculty feedback on 24-May-14 10:20 PM EST. Instructions: Work through each step of this log, answering each question as the directions indicate. Each step, except Step 1, will receive a grade, and the sum of these grades will constitute your total grade for Research Log Part 1. Refer to the section on how each step of the log will be graded for detailed grading information. Step 1: Select Your Research Question Top of Form 2. WhatRead MoreSupply Chain Management : An Effective Method Of Information Exploration Essay1577 Words à |à 7 Pages1. Introduction In todayââ¬â¢s turbulent market conditions, supply chain executives are facing huge pressure than ever when the need of coping with a whole range of supply chain challenges is increasing. Survey shows that leaders of successful companies are tailoring their supply chains to customer needs and adopting differential practices such as collaborative planning with customers and suppliers or new technologies which can help to retain and continue their competitive advantage ( PricewaterhouseCoopersRead MoreTheory of Temporary Competitive Advantage1492 Words à |à 6 PagesAdvantage The concept of competitive advantage is a critical one for businesses. This is a key indicator of market visibility, short-term profitability and long-term viability. Whether this advantage is drawn from product quality, customer service, marketing position, brand identity, distribution network or price point, the implementing firm will depend on this competitive advantage for its survival and its success. However, as the literature review here will demonstrate, the terms of competitiveRead MoreSupply Chain Risk Management Plan1299 Words à |à 6 Pages Uta Jà ¼ttner, (2005),Supply chain risk management, The International Journal of Logistics Management, Vol. 16 Iss 1 pp. 120 - 141. ââ¬Å"Supply chain risk management is the process of identifying, assessing and controlling threats to an organization s capital and earnings that are caused by the organization s Supply Chain.à Companies with supply chain risk management plans in place typically place a chief risk office(CRO) in charge of overseeing the effectiveness of the organization s supply chainRead MoreGuidelines For Address All Of The Points Below1705 Words à |à 7 Pagesare required to address all of the points below. You may include further comments or discussion that is relevant. You must integrate relevant concepts, models, frameworks, theories and/or technical competencies (use in text references) from secondary research and other business disciplines you have studied e.g. Management, to support your discussion. THE TASK: 1. Include a copy of, or produce, an organisational chart of your organisation, showing your role and briefly discuss where your role fits inRead MoreBusiness Environment Past Papers1115 Words à |à 5 PagesUnit Title: Introduction to Business Guided Learning Hours: 100 Level: Level 4 Number of Credits: 12 Learning Outcome 1 The learner will: Understand the objectives of a business, what resources they need and to whom they are accountable. Assessment Criteria The learner can: 1.1 Define and show an understanding of the important business terms related to corporate objectives. Indicative Content 1.1.1 Define and show an understanding of the terms ââ¬Ëcorporate aimsââ¬â¢, ââ¬Ëcorporate objectivesââ¬â¢Read MoreMethods For Defining And Analyzing Key EA Performance Metrics Analysis1105 Words à |à 5 PagesCameron, B. H. (2015, February). Methods for Defining and Analyzing Key EA Performance Metrics. Business and Enterprise Architecture, 18(2), 1-22. Retrieved from https://www.cutter.com/sites/default/files/architecture/fulltext/reports/2015/02/index/ear1502.pdf This journal strives to close the gap between EA value and the metrics that will define its value. Within the document, the author defines specific categories, that when clearly defined, help prove the value of the organizations assets.Read MoreSupply Chain Risk Management Analysis1521 Words à |à 7 Pages Uta Jà ¼ttner, (2005),Supply chain risk management, The International Journal of Logistics Management, Vol. 16 Iss 1 pp. 120 - 141. Supply chain risk management is an intersection of supply chain management and risk management. For this we need to understand the benefits and as well as the limitations of both the concepts. Supply chain risk is about any threat of interruption in the order of workings of the supply chain. This Risk is generated as result of risk ââ¬Ëdriversââ¬â¢ that are internal or externalRead MoreReflection Journal in International Business1692 Words à |à 7 Pages1. When I was given the slides by Mr Dasilva, my heart pounded. Oh noâ⬠¦. International Business. It sounded so global and dry. I was hoping that it will be somewhat similar like Marketing. However, we were told that International Business is defined as Globalisation of Business where countries are more integrated and are interdependent on world economy. Which is similar like Marketing but in a wider view. Approaching to the learning of International Business, students were told on the Problem BasedRead MoreA Critical Eva luation Of Financial Performance Essay1689 Words à |à 7 PagesA CRITICAL EVALUATION OF FINANCIAL AND OPERATIONAL PERFORMANCE THROUGH 360 DEGREE ANALYSIS LALIT MOHAN (Research Scholar) Deptt. Of ABST, University of Rajasthan, Jaipur ABSTRACT Though 360 degree analysis is related with human resource management but here the 360 analysis will include the overall analysis of operational and financial performance from every angle. In human resources or Industrial psychology, 360-degree feedback, also known as multi-rater feedback, multisource feedback
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.