Significance of Research

“All progress is born of inquiry. Doubt is often better than overconfidence, for it leads to inquiry, and inquiry leads to invention” is a famous Hudson Maxim in context of which the significance of research can well be understood. Increased amounts of research make progress possible. Research inculcates scientific and inductive thinking and it promotes the development of logical habits of thinking and organization.

Research provides the basis for nearly all government policies in our economic system. For instance, government’s budgets rest in part on an analysis of the needs and desires of the people and on the availability of revenues to meet these needs.… Read the rest

The Role of Business Research

Research is a systematic search for information in order to obtain a clear picture concerning the underlying problem. Technically speaking, research is a process of identifying problem thoroughly, establishing an objective, collecting and analyzing the relevant data in order to determine the possible factors causing the problem. Thus, research activities are consistent search for information with the objective to get a clearer picture concerning the problem and to propose specific recommendation for the solution.

Role of Research in Business

Making the right decision is an ideal practice in any business whenever the organization encounters a problem. A good organization primarily conducts research to resolve the critical problems surrounding their business such as competition, customer satisfaction, product innovation, customer complaints, and new government policies affecting the industry.… Read the rest

Referencing a Research Report

References must be explicitly given in the research report. Bibliography is one type of referencing a research report and this has been already dealt. Other type of referencing is the foot notes.

Referencing using Footnotes

Footnotes are meant to give complete bibliographical references and to provide the reader with information to enable him consult sources independently. These may be placed at the foot of a page or at the end of every chapter. When footnotes are given at the foot of the page, they are to be separated from the text by a fifteen space solid line drawn from the left margin and one double space below the last line of the text.… Read the rest

Steps Involved in Drafting a Research Report

A research report must be well drafted so that it is seriously taken by others and all that have to be said are well said. Reader orientation, purpose orientation, time orientation, technology orientation, etc are all needed. The steps in writing a research report are presented below.

1. Organization of Thought

Organization of thought as to how the report be presented is the most fundamental starting point in the journey of preparation of a research report. Ideas come before the mind eye. These are thought over again and a frame of presentation is planned. This plan does not in itself constitute style, but it is the foundation.… Read the rest

Preparing a Research Report

The research report is considered as a major component of the research work, because through this report the research problem, the research design, the analysis and findings are brought to the knowledge of the world. The research report converts the research work into a public asset from its earlier state of private asset.

The research report shows the readers the progress in knowledge made in the specific area or discipline. The report by bringing to light the new frontiers of knowledge enhances the society’s intellectual well-being. The report by highlighting the design and methodology, runs as a fore-runner for future researchers in this or related area.… Read the rest

Interpretation of Research Data

Interpretation of research data means drawing inference from the collected facts and computed statistics or test statistics. The task of interpretation has two major aspects;

  1. The effort to establish continuity in research through linking the results of given study with those of others, and
  2. The establishment of some explanatory concepts.

In one sense, interpretation is concerned with relationship within the collected data, partially overlapping analysis. Interpretation also extends beyond the data of the study to include the results of other research, theory and  hypotheses.

Thus, interpretation is the devise through which the factors that seem to explain what has been observed by researchers in the course of the study can be better understood and it also provides a theoretical conception which can serve as a guide for further research.… Read the rest