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Assessment on Business Research | 1

   

Added on  2022-10-06

7 Pages1681 Words32 Views
Running head: BUSINESS RESEARCH
Business Research

BUSINESS RESEARCH 2
Reflection report
I have personally contributed to topic selection such as addressing the advantages and
disadvantages of outsourcing. I have learned that the rapid completion of work and higher
quality could be attained by outsourcing firms. In this research, I have made research questions
such as how the premium products could be maintained. During writing the topic approval
submission, I have highly focused on different contemporary issues. During the tenure of
research, I have contributed to team charter. In this way, I have defined the accountabilities and
roles of each team member (Quinlan, et. al., 2019). From this assessment, I have learned that the
company can stay emphasized on their premium product that is significant for them in terms of
expressing their company impression to its consumers.
I have personally contributed to literature review reports such as search procedure, summarising
relevant articles, designing outlining the literature review, and writing up the literature reviews.
From the literature review, I have gained my experience regarding outsourcing. In this way, it
was pointed that due to massive growth related to outsourcing, it is found that both private and
public level companies are increasing benefits through outsourcing (Bell, Bryman, and Harley,
2018).
I have also developed my knowledge that instinctively each firm is increasing benefits through
outsourcing because of different structures. Furthermore, it is noticed that government
companies are expected that they would increase cost benefit through outsourcing as a private
organization gain. I have also learned that these companies can increase half of their money as
compared with private firms. This knowledge could be beneficial in terms of improving my
personal and professional career (Hair Jr, et. al., 2015).

BUSINESS RESEARCH 3
It is pointed that there is some limitations of outsourcing since, in outsourcing; it is hard for
predicting and assuming total cost that would create risk for the firm. Along with this, it is
observed that in case, the risk would not identify adequately then it would create
disadvantageous for the firm. During the literature review assessment, it was taught to me that
the manager does not have a feasible methodology in terms of performing error-free outsourcing.
I have also gained my understanding that potential risk would gain costs, moral issues, lost
corporate understanding as well as, potential opportunities (Eriksson and Kovalainen, 2015).
This learning would be applied by me for becoming a good business development manager in the
future.
In the research methodology part, I have contributed in a discussion about methods, sampling,
designing of questionnaires, data collection, analysis, and interpretation. I have increased my
experience that qualitative research methodology is preparatory research. It is observed that
qualitative research would be supportive in assessing concern as well as, support for addressing
feasible strategies in terms of resolving issues and hypotheses of growth in the context of the
company (Meyer and Peng, 2016).
I have also learned that qualitative research discloses regarding trends in transforming ideology
for accepting challenges as well as, getting depth understanding of business issues associated
with outsourcing. I have also increased my knowledge that in the quantitative research method,
all of the quantifiable information would be together as well as, the mathematical, statistical, and
computational tools would be implemented (Easterby-Smith, et. al., 2015).
It was observed that quantitative investigation is practiced for collecting all data through existing
consumers. It was taught to me that there are different reasons for using quantitative research
technique such as economic savings and flexibility in a work atmosphere that declines the

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