Business Research Methodology: Teamwork and Global Business

Verified

Added on  2020/03/16

|9
|1954
|44
Report
AI Summary
This report provides a comprehensive analysis of business research methodology, with a specific focus on the dynamics of global teams within multinational corporations. The student explores the application of these methodologies and their impact on organizational efficiency, decision-making, and digital communication processes. The report delves into the challenges faced by global teams, including geographical dispersion, communication barriers, and technological issues, and how effective leadership can mitigate these challenges. It examines the importance of selecting proficient team members, fostering open communication, and understanding cultural diversity. The report also covers how business research aids in analyzing secondary markets, consumer satisfaction, and business data, providing a holistic view of the subject matter. The student reflects on their learning experience, highlighting the development of leadership skills, improved communication, and the ability to analyze organizational challenges. Finally, the report emphasizes the value of these insights in future career development, equipping the student with the knowledge and skills to manage global teams effectively.
Document Page
Running head: BUSINESS RESEARCH METHODOLOGY
Business Research Methodology
Name of the Student:
Name of the University:
Author Note:
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
1
BUSINESS RESEARCH METHODOLOGY
Contents
Answer to Question 1......................................................................................................................2
Answer to Question 2......................................................................................................................2
Answer to Question 3......................................................................................................................3
Answer to Question 4......................................................................................................................4
Answer to Question 5......................................................................................................................5
Answer to Question 6......................................................................................................................6
References........................................................................................................................................7
Document Page
2
BUSINESS RESEARCH METHODOLOGY
Answer to Question 1
I have learned how the global teams are effectively engaged in the multinational
corporations and they increase the efficiency of the organization. There are different experts who
are involved in this multinational firms and they manage different the organization. I have also
seen that these teams are engaged in taking important decisions in the organization. These teams
communicate through different modes of digital communication processes. These learning
experience which help me in my future to work in co-ordination with the team members. It will
help me to unite with other group members and work in co-ordination with them. It has also
helped me to understand and analyze critically the different challenges which are faced by an
individual while working in a team. This paper will also help me in my future career. I will get
the opportunity to develop the skills in choosing my team members. I can choose or appoint such
employees who are proficient and can work for the development of the company. It will also be
easier for me to communicate and understand the problems of my team members. It will also
enhance my communication skill. This will also help me to develop my leadership skill. The
value of this learning experience is that it will help me to become a successful leader. It will also
help to identify the challenges which are faced by different organizations (De Massis and Kotlar
2014).
Answer to Question 2
This learning process will help me to identify the challenges which are faced by
organizations and find out alternative ways to mitigate them. It will also help in analyzing the
skills which are faced by different organizations. It has also helped me to understand how the
global leaders manage the team. This will help in me in my future to be a successful leader and it
Document Page
3
BUSINESS RESEARCH METHODOLOGY
will be easier for me to manage the teams. As a leader it is necessary for me to understand the
benefits which will be derived by the company when employees of different skills are appointed.
This learning experience will also teach me how a leader needs to be fair in judging his or her
employees. I had also learned how to be a keen listener and observer. It is my responsibility as a
leader to understand the needs of the employees and motivate them to work for the development
of the company (Bryman and Bell 2015. ). This learning insight will also help me in applying my
knowledge in various prospects. I can be a good team leader and can thus manage and handle my
team. I can effectively communicate with my co-workers and employees. As miscommunication
and misunderstanding are the key factors which hinder the working of an organization, I can
effectively work on these areas and thus make the organization successful. I must try to be
emotionally attached with my team members so that they feel secured and are willing to
contribute for the development of my company (Mellor 2015.).
Answer to Question 3
In the entire learning process, I have found the challenges which are faced by the teams
in a global organization. The problems which are faced by the team leaders in critical times are
also highlighted in the paper. It is necessary to choose geographically dispersed workers so that a
company can be successful in a short time nada lo gain brand recognition. I have also seen that it
becomes risky to share the information of a company with its competitors. Moreover, it is also
necessary to understand the intentions and emotions of the fellow team members in an
organization. There must be mutual understanding and co-operation among the team members.
The leaders must also conduct meetings so that the employees can share their problems and thus
they can work for the development of the company. The leaders must also direct the team
members in a proper direction. The organization can only be successful if both the leaders and
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
4
BUSINESS RESEARCH METHODOLOGY
the employees are supportive (Meyer and Peng 2016). I have also found that technological
challenges also hinder the organization. The employees must stay connected with each other if
there is no face-to-face interaction among them. They must try to stay connected through video
conferencing or other modes of online communication. Proper communication between the
employees, management and the customers are necessary for an effective functioning of an
organization. The leaders must also try to manage the headquarters as well as the subsidiary
branches of the organization effectively and thus be able to take proper decisions (Collis and
Hussey 2013).
Answer to Question 4
Business Research has helped me to analyze the secondary market and obtain information
about the global teams which are involved in different businesses. This business research has
also helped me in carrying out extensive research methods which will help a business to improve
and grow in the long run. It has also helped me to understand the key factors which area
associated with consumer satisfaction and carry out in-depth analysis about the customers likes
and dislikes. Further, it will also help me when I will take the charge of team leaders in any
particular company (Hair 2015). It will help me to track the consumer experiences in relation to a
particular product or service. It has also helped me to understand the challenges which are faced
by global teams of different organizations. Moreover, research has also helped me in analyzing
the business data. It is important for managers to understand the shortcomings and errors that are
likely to occur in any business. The managers must also know how to use it and become aware of
the various shortcomings. I have also learned how the managers or the leaders manages the team
and tries to maximize the development of the company (Wilson 2014).
Document Page
5
BUSINESS RESEARCH METHODOLOGY
Answer to Question 5
I have learned at the initial stage how the global teams work in co-ordination in a
multinational organization. This also increases the efficiency of the workers when they work in a
team. Proper communication and guidance also fosters their working capacity. I have also
learned that the global teams can also communicate through various modes of digital
communication and thus they can stay connected to each other. It also saves the cost of travelling
and other expenses which are to be borne by the company. In order to assist the teams which are
operating in dispersed places at different locations, proper communication plays a vital role.
Moreover, there are various challenges which are to be faced by the organization. It is necessary
to overcome the challenges (Sahay and Sarkar 2015). There are various companies which are
operating in different parts of the world and also in certain remote areas. It is necessary that the
teams are present in different areas so that they can reach out to the customers and also assist
them in their work. The employees which are appointed in the remote areas must have proper
efficiency so that they can assist the customers. It is necessary to appoint the employees of
diverse culture so that they can assist the employees. I have also learned that though it becomes
difficult for a manager to handle all the employees in an organization with different skills and
expertise. It is essential for the managers to have skills and knowledge so that they can train the
employees accordingly. It is also essential that the leaders must be sanguine about the team
members and thus work for the development of the company. The working environment also
gets enriched if different team members implement their ideas and thus this motivates the
employees. The leaders must also check that they work in co-ordination with the employees and
they must also implement certain ideas which will benefit the employees. They must be fair
Document Page
6
BUSINESS RESEARCH METHODOLOGY
towards the employees and thus this will help in the overall development of the organization
(Rana et al.2015).
Answer to Question 6
This learning will help me in my future to be a successful leader or a manager of any
organization. I can effectively manage the teams on a global level and can effectively
communicate with them. This will also help me in my future career to improve my
communication with my team members. This learning will also help me in my course. It has
helped me to learn about the different prospects in an organization. It has also helped me in
analyzing and identifying the challenges which are faced by every organization. This will help
me in finding out suitable remedies for the problems in the organization. It will also help me to
maintain a balance between different cultures in the organization. This research has also helped
on developing my patience and improving my communication skills. I have learned how to
become a keen observer of different situations in different times and manage the employees
accordingly. This research has also taught me how to handle the organization and manage the
employees in difficult times. This will help me in my future career as well as in completing the
course successfully (Ho 2016).
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
7
BUSINESS RESEARCH METHODOLOGY
References
Bryman, A. and Bell, E., 2015. Business research methods. Oxford University Press, USA.
Collis, J. and Hussey, R., 2013. Business research: A practical guide for undergraduate and
postgraduate students. Palgrave Macmillan.
De Massis, A. and Kotlar, J., 2014. The case study method in family business research:
Guidelines for qualitative scholarship. Journal of Family Business Strategy, 5(1), pp.15-29.
Hair, J.F., 2015. Essentials of business research methods. ME Sharpe.
Ho, S.K., 2016. Keynote Paper: TQM Excellence Model for Lean Production & Sustainable
Organisational Development.
Mellor, R.B., 2015. Modelling the value of external networks for knowledge realisation,
innovation, organisational development and efficiency in SMEs. International Journal of
Knowledge-Based Development, 6(1), pp.3-14.
Meyer, K.E. and Peng, M.W., 2016. Theoretical foundations of emerging economy business
research. Journal of International Business Studies, 47(1), pp.3-22.
Rana, N., Bansal, M. and Gupta, M.A., 2015. Organisational Development: A
Paradigm. GLOBAL JOURNAL OF BUSINESS MANAGEMENT.
Sahay, M. and Sarkar, S., 2015. ‘Way to Organisational Development’–Interpreting the Role of
Spirituality Using System Dynamics. IIMS Journal of Management Science, 6(1), pp.72-86.
Wilson, J., 2014. Essentials of business research: A guide to doing your research project. Sage.
Document Page
8
BUSINESS RESEARCH METHODOLOGY
chevron_up_icon
1 out of 9
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]