This paper looks at the differences and commonalities in formal research and business proposals.
# 115736 | 934 words | 2 sources | APA | 2009 |
Published on Aug 10, 2009 in Business (Finance, Investment and Banking) , Business (Administration) , Business (Management) , Research Designs (General)
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In this article, the writer compares formal research and business proposals and maintains that formal research is academic in nature while a business proposal has a more practical orientation to it. The writer discusses that the most important difference between formal research and business proposals is that formal research has no financial implications while financial implications are the most important characteristics of business proposals. The writer points out that the main objective of a business proposal is to identify a need which must be addressed in order to generate either financial savings or greater revenue, while such financial implications are not relevant in formal research. Formal research is not concerned with generating findings that are practicable. The writer concludes that formal research generates a wide variety of findings that may be made applicable in a wide variety of contexts. Further, the writer notes that the advantage of business proposals is that they contextualize the findings from formal research in an existing organizational structure.
From the Paper:"There is also a commonality between formal research and business proposals in that the findings in both cases may or may not be presented with headings and subheadings. Such restrictions are not applicable in the reports that contain the findings either from formal research or from business proposals. However, as mentioned before, formal research will inevitably always have an academic orientation. It has value in the practical business world only to the extent in terms of providing the starting point for further research. For example, formal research has identified that HR managers should play four roles: the employee champion, the change agent, the administrative expert and the strategic partner. However the research project stops here. When it comes to a business proposal, the proposal must list recommendations for creating a suitable structure that can incorporate the four roles. In this respect, the business proposal might include IT issues in order to enhance the process of data collection. In this respect, the scope for research becomes wider in the context of a business proposal."
Sample of Sources Used:
- Baldwin, Esther, and Martin Curley. (2007). Managing IT Innovation for Business Value: Practical Strategies for IT and Business Managers. Intel Press.
- Dess, Gregory G., et al. (2007). Strategic Management: Creating Competitive Advantage. McGraw Hill/Irwin.
Cite this Comparison Essay:
Formal Research and Business Proposals (2009, August 10) Retrieved March 31, 2020, from https://www.academon.com/comparison-essay/formal-research-and-business-proposals-115736/
"Formal Research and Business Proposals" 10 August 2009. Web. 31 March. 2020. <https://www.academon.com/comparison-essay/formal-research-and-business-proposals-115736/>