Understanding Business and Management Research Methods Coursework - 1

Understanding Business and Management Research Methods - Coursework Example When choosing a model, it is critical to know the theory being applied. Studies indicate that, behind every method, there is always a theory. This paper will discuss the three business and management research methods. The paper will start with the introduction, and then literature review, then analysis and evaluation of different methodological approaches, and finally highlight the main findings. In any research, it is always recommended to choose a single paradigm (qualitative, quantitative, or mixed) for a research work (Anderson, 2009). The selection is based on the pragmatic choices which are time, skills, and overall size of the project. The research methods are based on differences in the nature of reality, relationships to that being researched, role of values, use of language, and overall process of research (Bellamy, 2012). Research methodology is what constitutes a research activity. Bowerman (2013) distinguishes the three research designs as follows Quantitative research: This design is useful for exploring and understanding the meaning behind problems. Data is collected on the participants setting, and the researcher makes interpretation of the data collected (Bowerman, 2013). Quantitative research: The researcher tests theories by examining the relationship amongst variables that can be measured on an instrument to allow numbered data to be analysed using statistical procedures (Bowerman, 2013). Mixed methods: This design combines both qualitative and quantitative forms of research. It concerns the application of qualitative and quantitative methods in tandem, to allow the strength of the study to be greater than either a qualitative and quantitative approach (Bowerman, 2013). When undertaking a business research, a combination of different types and sources of data is required to derive strong findings. The types of data are qualitative and quantitative, and the types of sources are primary and secondary sources (Harwell,

Marketing & Entrepreneurship Coursework Example | Topics and Well Written Essays - 1500 words - 1

Marketing & Entrepreneurship - Coursework Example After the contract, his share stock rose from 16 dollars to 160 dollars in just few days. In 1974, Perot came to the attention of the press when he was said to have been the biggest loser in New York stock exchange when his shares drastically dropped. He however did not lose hope in his activities. He organized and sponsored the rescue of those that were involved in the revolution in Iran. The loss of power by Steve Jobs in Apple market affected Perot much as he was a main investor in the Apple Company. He continued with inspiration of achieving his goals with consideration of the financial status in which his family was. In the life of Ross Perot, he attained many honors due to his hard work and determination. He had the belief in integrity and honesty as being important in success. These are the cores that drove his business in achieving the set objectives. Additionally, he considered history when formulating the strategies; this made his business lead to success. According to the study on the life of Ross Perot, startup influences entrepreneur are born and others are made. With influences that occur in the childhood times, people develop traits which encourage them to be entrepreneurs later in their lives. The traits are shaped up through the experiences that they have history and the environment that one lives. In Ross Perot situation, he was influenced to develop an entrepreneurship due to the fact that his parents were just involved as brokers in Cotton contracts and the recession situation the country was during revolution. Perot involvement in entrepreneurship was due to personal character tr aits. He was also influenced to entrepreneurship due to need for independence, situational factors brought about by sudden unemployment and economic downturn that occurred in Iran. He was also influenced by antecedent influences with teachers in his family liniage and previous employment managerial experiences. There is a link that