Identify a business problem or opportunity at a company where you work or with w
ID: 454182 • Letter: I
Question
Identify a business problem or opportunity at a company where you work or with which you're familiar. This will be a business problem that you use for the individual assignments in Weeks 3-5. It should be a problem/opportunity for which gathering and analyzing some type of data would help you understand the problem/opportunity better.
Identify a research variable within the problem/opportunity that could be measured with some type of data collection.
Consider methods for collecting a suitable sample of either qualitative or quantitative data for the variable.
Consider how you will know if the data collection method would be valid and reliable.
Develop a 1,050-word analysis to describe a company, problem, and variable. Include the following in your submission:
Identify the name and description of the selected company,
Describe the problem at that company, Identify one research variable from that problem,
Describe the methods you would use for collecting a suitable sample of either qualitative or quantitative data for the variable (Note: do not actually collect any data)
Analyze how you will know if the data collection method would generate valid and reliable data (Note: do not actually collect any data)
Explanation / Answer
Q )Identify a business problem or opportunity at a company where you work or with which you're familiar. This will be a business problem that you use for the individual assignments in Weeks 3-5.
A ) Any business that strives to make a remarkable mark in the market has to deal with many problems and obstacles. Problems may be related :
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Q ) Identify a research variable within the problem/opportunity that could be measured with some type of data collection.
A ) Many organizations face a problem or managing the Manpower.Maintaining and retaining the highly potential employees is always a challenging task to the Human Resource Department.
Strategies to Retain the employees :
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Q ) Consider methods for collecting a suitable sample of either qualitative or quantitative data for the variable.
A ) Qualitative methods for data collection :
This process of collection data is based on the decriptions of the problem.The results so produced are used for identifying a root cause to the problem.There are 3 important methods fro qualitatve research methods :
Quantitative methods for data collection :
This process of collection data is based on the procedural structure that is involved in the organization.The results so produced are used for generalized data to compare and analyze a pattern . The methodologies involved in data collection are :
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Q ) Consider how you will know if the data collection method would be valid and reliable.
A ) Reliability
Definition : Its the degree to which extent the test results maintain consistency in their operations.The amount of dependency that can be offered over a period of time for the strategies so opted.The accuracy of the results that can enable us for making good and effective decisions.
Tests that estimate the level of reliability in the data :
Validity :
Definition : The degree to which the tests ensures appropiate interpertations for the data collection.How far the test results prove truthful estimates to the problem.The level of accuracy and intensity the data test results are assured for.They are 3 terms that measure and indicate the intensity levels of valodity :
Types of validity :
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