Discuss the different stages involved in process of research
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The business research process involves a series of steps that systematically
investigate a problem or an opportunity facing the organization. The sequence of
steps involved in the business research process are as follows: problem/opportunity
identification and formulation, planning a research design, selecting a research
method, selecting the sampling procedure, data collection, evaluating the data and
preparing the research report for presentation. The above steps provide a broad
outline applicable to any business research project. However, the number and
sequence of activities can vary as per the demand of an individual research project.
The process of business research can be primarily divided into three phases—
planning, execution and report preparation. The planning phase begins from
problem/opportunity identification and leads to selection of the sampling proce-
dure. Data collection and evaluation can be described as the execution phase of the
business research process, while report preparation can be considered as the last
phase. In this chapter, we will discuss each of these phases in detail.
investigate a problem or an opportunity facing the organization. The sequence of
steps involved in the business research process are as follows: problem/opportunity
identification and formulation, planning a research design, selecting a research
method, selecting the sampling procedure, data collection, evaluating the data and
preparing the research report for presentation. The above steps provide a broad
outline applicable to any business research project. However, the number and
sequence of activities can vary as per the demand of an individual research project.
The process of business research can be primarily divided into three phases—
planning, execution and report preparation. The planning phase begins from
problem/opportunity identification and leads to selection of the sampling proce-
dure. Data collection and evaluation can be described as the execution phase of the
business research process, while report preparation can be considered as the last
phase. In this chapter, we will discuss each of these phases in detail.
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Risk factors are the issues or concerns that may ultimately drive the behavior of the top-level schedule and cost performance measures for a given activity.
The aim of the RFA is to systematically search the selected project activities for the presence of such risk factors.
To aid in the identification of relevant risks, the risk project spectrum first is divided into four broad categories of risk generally found to be relevant to all LAN projects.
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