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DISCUSSION Title: "Designing the Blueprint: Applying Research Methods to a Real-World Business Problem" Task Instructions: Imagine you are a consultant hired by a mid-sized organization facing a sig
DISCUSSION
Title: "Designing the Blueprint: Applying Research Methods to a Real-World Business Problem"
Task Instructions:
Imagine you are a consultant hired by a mid-sized organization facing a significant business challenge (e.g., high employee turnover, declining customer satisfaction, inefficiencies in supply chain, market expansion failure, etc.).
Based on this scenario:
1. Briefly describe the specific business problem your chosen organization is facing (real or hypothetical).
2. Identify a suitable research question that would guide an investigation into this problem.
3. Select and justify the most appropriate research method(s) for addressing this research question. Your justification should:
o Distinguish between qualitative, quantitative, or mixed-method approaches.
o Explain why this method aligns with the nature of the problem and data required.
4. Describe how you would collect and analyze data using the selected method(s), referencing the scientific method where appropriate.
Your post should demonstrate your understanding of:
· The difference between various research methods
· The role of the scientific method in business research
· How research design supports evidence-based decision-making in a real-world context
To earn full credit, you must post at least 600 words and cite two outside scholarly resources and your textbook (at least three sources)
ASSIGNMENT
Designing a Research Strategy to Investigate a Critical Business Challenge
Objective:
To apply knowledge of research methods and the scientific method to develop a structured and justified research approach aimed at solving a real-world business problem relevant to your industry or domain of interest.
Assignment Prompt:
You are a senior consultant hired by a mid-to-large-sized organization (real or hypothetical) facing a significant business challenge or opportunity. Your task is to design a research strategy that will guide how this challenge should be investigated using academic rigor and practical relevance.
In approximately 2000–3000 words, respond to the following:
Assignment Components:
- Business Problem Statement (150–200 words):
- Application of the Scientific Method (200–300 words):
- Choice of Research Approach (200–300 words):
- Data Collection Methods (200–300 words):
- Data Analysis Strategy (200–300 words):
- Limitations and Ethical Considerations (150–200 words):