Analyzing the Role of Research in Business: A Comprehensive Report

Desklib provides solved assignments and past papers to help students succeed.

Project Plan

Introduction
The given report helps to figure out
a clear image of the role and
significance of research in the
business operations.
Every research is conducted and
performed with a specific purpose
which needs to be fulfilled.

Table of contents
 Introduction
 Identification of issue
 Research analysis
 Secondary data
 Strategy development
 Conclusion
 References

Identification of issues
While performing and conducting
research it is very important to have a
complete knowledge regarding the
issues which generally or normally arise
in conducting the research.

Research analysis
Analyzing the data is the most crucial
phase that involves obtaining the
useful information from the collected
data.
In research, generally the research
analyst are involved in analyzing the
data that have been collected during
the data collection phase.

Secondary data
As the name suggests, the secondary
data is concerned with the collecting
data from the second hand source.
There are certain measures in
collecting data through secondary
sources unlike primary source in
which data is collected by the
researcher himself.

Strategy development
Conducting research needs to be
developed in accordance with a
properly formulated strategy.
Without the proper strategy, any
research cannot be conducted in the
desired manner.

Conclusion
It can be observed that conducting
research is a cumbersome task and
there are certain things that need to
be taken care of.
Ignorance of such things will not help
to achieve the desired goals.

References
 Larson, E. W., & Gray, C. F.
(2017). Project management: The
managerial process. McGraw-Hill
Education.
 Tesla, Inc (2019). About Tesla,
[Online]. Tesla. Available at:
https://www.tesla.com/about
[Accessed on 26.06.2019]