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Natasha McClarin on Thu, Mar 08 2018, 7:05 PM 100% highest match 73% average match Submission ID: ed78f5e4-6708-4232-acf6-012da152c647

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7. 7 http://www.studymode.com/topic/Quantitative-research Citation is highlighted. Click to remove highlighting
8. 8 http://documents.worldbank.org/curated/en/947381468044680133/text/multi0page.txt Citation is highlighted. Click to remove highlighting

Attachments (2) QuantitativeResearch. (2).docx 2.docx Running head: 1 QUANTITATIVE RESEARCH IN BUSINESS MANAGEMENT 1 QUANTITATIVE RESEARCH IN BUSINESS MANAGEMENT 5 Suspected Entry: 66% match Uploaded - QuantitativeResearch. (2).docx QUANTITATIVE RESEARCH IN BUSINESS MANAGEMENT 1 QUANTITATIVE RESEARCH IN BUSINESS MANAGEMENT 5 Source - Another student's paper QUANTITATIVE RESEARCH IN BUSINESS MANAGEMENT 1 How is quantitative research used in Business Management? Suspected Entry: 71% match Uploaded - QuantitativeResearch. (2).docx How is quantitative research used in Business Management Source - Another student's paper QUANTITATIVE RESEARCH IN BUSINESS MANAGEMENT 1 Name Institution 2 Quantitative Research in Business Management Business managers, as well as directors, rely on their extensive experience and instinct when making tough managerial decisions. Suspected Entry: 64% match Uploaded - QuantitativeResearch. (2).docx Quantitative Research in Business Management Business managers, as well as directors, rely on their extensive experience and instinct when making tough managerial decisions Source - http://smallbusiness.chron.com/quantitative-methods-business-decisions-61671.html Business managers and directors used to rely on their experience and instinct to make tough decisions In the same perspective, such managers will also need to know what the numbers say. 2 In relation, the era of big data that we live in today, quantitative methods that are used by economists and operation analysts provide the needed solid evidence to guide the decisions made it terms of management, be it the decisions on production, distribution, marketing and personnel management. Suspected Entry: 79% match Uploaded - QuantitativeResearch. (2).docx In relation, the era of big data that we live in today, quantitative methods that are used by economists and operation analysts provide the needed solid evidence to guide the decisions made it terms of management, be it the decisions on production, distribution, marketing and personnel management Source - http://smallbusiness.chron.com/quantitative-methods-business-decisions-61671.html In the era of big data, quantitative methods used by operations analysts and economists provide solid evidence to guide management decisions on production, distribution, marketing and personnel management The quantitative methods also technically help managers in projecting future business conditions to adjust the needed strategies. Suspected Entry: 70% match Uploaded - QuantitativeResearch. (2).docx The quantitative methods also technically help managers in projecting future business conditions to adjust the needed strategies Source - http://smallbusiness.chron.com/quantitative-methods-business-decisions-61671.html These methods also help managers project future business conditions, enabling them to adjust their strategies as needed 1 The specific quantitative methods and tools that can be effectively used within Business management to gather data include regression analysis, linear programming, data mining and factor analysis. Suspected Entry: 66% match Uploaded - QuantitativeResearch. (2).docx The specific quantitative methods and tools that can be effectively used within Business management to gather data include regression analysis, linear programming, data mining and factor analysis Source - Another student's paper Some of the commonly used methods include data mining, factor analysis, linear programming and regression analysis Regression analysis is a popular technique used by economists and statisticians. Suspected Entry: 64% match Uploaded - QuantitativeResearch. (2).docx Regression analysis is a popular technique used by economists and statisticians Source - Another student's paper Regression Analysis Regression analysis is a popular method among statisticians and business economists The technique uses complex statistical equations when estimating the impact of a single or more factor that is commonly referred to as independent variables or predictors (Bryman & Bell, 2015). 2 A business economist, in this case, can use this strategy to estimate the effect of advertising expenses on the profits of the company. Suspected Entry: 69% match Uploaded - QuantitativeResearch. (2).docx A business economist, in this case, can use this strategy to estimate the effect of advertising expenses on the profits of the company Source - http://smallbusiness.chron.com/quantitative-methods-business-decisions-61671.html A company manager or business economist could use regression analysis to estimate the effect of advertising expenses on the company's profits An analysis of the data using the regression analysis can be used to estimate whether a correlation exists between the two variables and also define whether the relationship is statistically significant. Suspected Entry: 76% match Uploaded - QuantitativeResearch. (2).docx An analysis of the data using the regression analysis can be used to estimate whether a correlation exists between the two variables and also define whether the relationship is statistically significant Source - http://smallbusiness.chron.com/quantitative-methods-business-decisions-61671.html Analysis of the data using this technique can estimate whether a correlation exists between the two and whether that relationship is statistically significant On the other hand, factor analysis is also equally effective in the field of business management because it is a data reduction as well as analysis technique that is commonly used with survey data. The method is therefore extensively popular amongst market researchers. Most specifically, this quantitative research tool explores correlations in available data to identify the unmeasured factors that can be used to explain the said relationship. In the field of business management, those in charge of market research can effectively use factor analysis to examine the data on the consumer spending trend. Also, the strategy can be used to ascertain the particular purchasing patterns like customer preference for certain types of products. Data mining is also an important tool credit to the fact that it has grown in popularity just as the quantity of statistical data sets has grown. 3 The method technically refers to a class of methods that can be used to analyze large data sets, correlations buried within masses of raw data and is also used for analyzing large data sets. Suspected Entry: 74% match Uploaded - QuantitativeResearch. (2).docx The method technically refers to a class of methods that can be used to analyze large data sets, correlations buried within masses of raw data and is also used for analyzing large data sets Source - Another student's paper “Data mining refers to a class of methods used for analyzing large data sets, uncovering patterns and correlations buried within masses of raw data” (Hall) In the business management context, data mining can be used to develop profiles of customers buying trends as well as use the information to recommend particular products based on the purchasing history of a client. Just as all the other mentioned methods and tools, linear programming is an equally important variable. Subsequently, this can be credited to the fact that almost all contemporary businesses face limited recourses an inclusive of production equipment, facility space and supplies and labor. 2 In relation, this in return makes the optimal allocation of resources the greatest challenge for any manager (Antwi & Hamza, 2015). Suspected Entry: 67% match Uploaded - QuantitativeResearch. (2).docx In relation, this in return makes the optimal allocation of resources the greatest challenge for any manager (Antwi & Hamza, 2015) Source - http://smallbusiness.chron.com/quantitative-methods-business-decisions-61671.html This makes optimal allocation of these resources a challenge for any manager 4 Consequently, linear programming, which is a mathematical method for determining how to achieve an optimal outcome is the best alternative in such a context. Suspected Entry: 64% match Uploaded - QuantitativeResearch. (2).docx Consequently, linear programming, which is a mathematical method for determining how to achieve an optimal outcome is the best alternative in such a context Source - Another student's paper Linear programming, a famous method in operation research and management analysis, is a mathematical technique for determining how to achieve an optimal result Linear programming can also be used by business managers to analyze as well as resolve problems that touch on planning, distribution, and scheduling. From a personal perspective, the future of qualitative research within business management is one filled with extensive expectations. It is more than clear that there is a paradigm shift that is taking place in businesses, marketing as well as social and political decision-making space with new demands on research (Hair, 2015). Consequently, it is justified to argue that qualitative research is now extensively used in the business world internationally. Its influence is therefore expected to be on the rise in the near future even regarding policymaking. The methodologies, analytical tools as well as the philosophy that the strategy employs, however, is different from the one’s qualitative research. Quantitative research plays a very vital role in the success of any business. Most firms will, therefore, redirect their focus towards employing quantitative research methods and tools side by side with other research methods to better the company’s productivity. All in all, the future of quantitative research in the business management field remains a promising and a potential one. In conclusion, strategies and tools like regression analysis, linear programming, data mining and factor analysis have been examined as some of the most popular quantitative research methods (Hair, 2015). Each of the research tools was comprehensively discussed while analyzing their primary advantages when it comes to business management. The central argument remains, business management is a field that is most advantaged when it comes to quantitative research due to the factors discussed above. 5 References Antwi, S. Suspected Entry: 82% match Uploaded - QuantitativeResearch. (2).docx References Antwi, S Source - Another student's paper References Antwi, S.K 6 K., & Hamza, K. Suspected Entry: 100% match Uploaded - QuantitativeResearch. (2).docx K., & Hamza, K Source - Another student's paper K., & Hamza, K (2015). 6 Qualitative and quantitative research paradigms in business research: Suspected Entry: 100% match Uploaded - QuantitativeResearch. (2).docx Qualitative and quantitative research paradigms in business research Source - Another student's paper Qualitative and quantitative research paradigms in business research A philosophical reflection. Suspected Entry: 100% match Uploaded - QuantitativeResearch. (2).docx A philosophical reflection Source - Another student's paper A philosophical reflection European Journal of Business and Management, 7(3), 217-225. Suspected Entry: 100% match Uploaded - QuantitativeResearch. (2).docx European Journal of Business and Management, 7(3), 217-225 Source - Another student's paper European Journal of Business and Management, 7(3), 217-225 1 Bryman, A., & Bell, E. Suspected Entry: 85% match Uploaded - QuantitativeResearch. (2).docx Bryman, A., & Bell, E Source - Another student's paper References Bryman, A., & Bell, E (2015). 7 Business research methods. Suspected Entry: 69% match Uploaded - QuantitativeResearch. (2).docx Business research methods Source - http://www.studymode.com/topic/Quantitative-research Business Research Methods - 1146 Words 8 Oxford University Press, USA. Suspected Entry: 81% match Uploaded - QuantitativeResearch. (2).docx Oxford University Press, USA Source - http://documents.worldbank.org/curated/en/947381468044680133/text/multi0page.txt Oxford University Press Hair, J. F. (2015). Essentials of business research methods. ME Sharpe.