What Is The Importance Of Research In Business Management

1236 Words 5 Pages
As I walked into my interview with Dr. Lisa Calvano, I did not have the impression that research took in any part of business management. After having a meeting with her, I learned exactly how important research is to the discipline. Research in business management is a systematic investigation that helps to answer complications within businesses. Research in the field contributes to management understanding and knowledge. Information from research is usually produced by the classical methods: statistical data and analysis, interview data, and survey data, like stock prices. Researchers, especially in business management must be careful to declare their found research as credible. Research in business management abides by ethical thinking. …show more content…
The “Academy of Management Research” publishes four journals about issues in business and education. The journal is purposeful for those who are interested in the practical applications of business and industrial research. Its mission is to support those people. The “Harvard Business Review” is a magazine, that focuses on materials that are applicable to various topics in business management such as: leadership, strategy, operations and, of course, managing …show more content…
Calvano expressed that there can be multiple weaknesses when constructing business management research. “Findings are sometimes devalued, others do not find them as scientific and they tend to have a bias” (Calvano). She continued to say that there is an over reliance on statistical data in the business management field, which is not always valued. Companies do not bear full control on external factors that influence data and data is constantly evolving. Furthermore, Dr. Calvano says, “there is a lack of importance of qualitative research”. Quantitative research is the more favored classification of research in the field, which means that digits and statistics are preferred before recognition of opinions or motivations. Dr. Calvano focuses on qualitative research and she enjoys researching immensely. In fact, she says that she would like to do it more often. She carries out her research “mostly in the summers, when there is more time to think and write” (Calvano). This is particularly common to most college professors who revel in doing research, but do not have the time during their engrossed

Related Documents