Finance:Business and management research

Business and management research is a systematic inquiry that helps to solve business problems and contributes to management knowledge. It Is an applied research.

Four factors (Easterby-Smith, 2008) combine to make business and management a distinctive focus for research :

• Transdiscipline approach
• Information access is difficult since managers see information as competitive advantage on the market
• Managers are educated and want some information produced by the classical research method
• Finding must resolve practical management problems

Managers often need information of high quality to help them to make the right decision.

Research process

• Define and clarifying a research topic
• Literature review on this subject
• Research Philosophies
• Formulate research design
• Ethics and access to information
• Defining a sample
• Using Secondary data
• Collecting primary data through observations, questionnaires and interview
• Analysing data
• Draw conclusions from data analysis
• Basic research
• Applied Research

Magazines & Unions

• Journal of Management Studies
• Global business research association at http://grbn.org/about/our-members/

See also

• Research
• Market research

Sources

• Saunders, M.N.K., Lewis, P., Thornhill, A. (2012) Research Methods for Business Students (6th edition), Harlow, England: Pearson Education, Inc. ISBN:0-273-75075-5
• Ghauri, P., & Grønhaug, K. (2002), Research Methods in Business Studies : A Practical Guide (2nd edition), London: FT Prentice Hall Europe. ISBN:0-273-65110-2
• Easterby-Smith, M., Thorpe, R., Jackson, P.R. (2008) Management Research (3rd edition). London: Sage. [Chapter 1 explains what is management research.]
• Casse, C., & Lee, B. (eds) (2011) Challenges and Controversies in Management Research. New York, NY: Routledge.