Business Finance Homework Help

Regarding your research proposal topic selected in Unit 1 and your research question, hypothesis and 3-5 survey questions created in Unit 3, write a narrative 1,000–1,500-word paper describing your proposed research.

Preparing the Research Paper Introduction, Purpose of the Study, and Methodology

The required information for this Individual Project includes the following:

Introduction

• Brief overview of your project and what the proposal is going to consist of
• Purpose of your research and why it is exciting and worth pursuing

Purpose of the Study

• One research question
• Hypothesis or statement of the problem regarding the research question
• Your rationale for selecting your proposed research methodology

Methodology

• Research strategy that you will use to explore the problem
• Method for securing the sample population
• Method for delivery of the survey questions, or indicate whether interviews will be conducted
• Explanation of any biases or ethical considerations and what you will do to limit their impact on your research

Conclusion

• Why your research project is valuable
• How your research is connected to your major goals and your future research interest
  • A time line in chronological order of your research activities from start through completion

(((Notes and helpful information))

The unit one topic. research question, hypothesis and 3-5 survey questions created in Unit 3 will be included here:-

1- Unit one topic and research question.

Globalization and Technology

My research proposal topic will be technology and globalization. I would like to focus on business globalization and what businesses need to do to do to go worldwide. Also, the technology revolution in the global economy is very essential in globalization as businesses need to use technology to make globalization a success. In business, accordingly, globalization refers to the process by which businesses start to operate on an international scale or rather have an international influence. There has been an acceleration in globalization since the 18^th century because of the advance in technology and transportation. Technological globalization on the other side is the diffusion of technology on the global economy. It is the spread of technology in the business world. For example, developing an online store that can sell goods and services online. Customers from all over the world can purchase the goods and get delivered the goods on time. An example of an online e-commerce business is Alibaba. It is a company specializing in retail, technology, the internet, and e-commerce. Consumers from anywhere in the world can access this online business and purchase any goods. With the development of technology, communication between consumers and this online business has been made easier and the delivery of goods as well. In my interest in this research proposal topic, I would like to dig deep into the topic and what more is required to make globalization a success.

Differences between academic and business research approaches

Problems in the world need proper addressing, making research a significant factor that helps to develop viable approaches that deal with the problems. The human race faces both social and economic problems, which has led to different research approaches for business problems and general knowledge approaches. Academic research approaches focus on problems or crises where they come up with theories and facts to back up a viable approach geared to dealing with the problem. Business research, on the other hand, focuses on the economic, social, and management issues that affect business organizations. Business research is geared to increasing organizations’ efficiency to carry out their daily activities and realize better profit margins.

In my research proposal, I will use a qualitative research approach since it would help me explore the topic ideas and thoughts in depth. The qualitative approach deals with words and their meanings unlike quantitative which deals with the analysis of data and statistics. Also, a business research approach would be appropriate since I am dealing with a business topic. The business research approach will help me develop answers and recommendations on the topic.

References

Benjamin R. Lawlor (2008). The Age of Globalization: Impact of Information Technology on Global Business Strategies

https://newmr.org/blog/the-differences-between-aca…

2- Hypothesis and 3-5 survey questions created in Unit 3

Does Technological Globalization Firms Have a Higher Competitive Advantage than Business Markets Without the Usage of Technology Services?

My Hypothesis:

Global businesses who take use of technology like internet and e-commerce not only have a better competitive
edge than their competitors but also an efficient potential to earn more profit who may lack thereof.

My Reasoning:

In this world, the complex economic and technical forces are shaping a single social space. New difficulties and concerns have arisen for society. In one area of the globe, events, actions and measures made can profoundly impact people’s or community’s life in another. The effects of these developments are so enormous that governments and people are unable to dispute or reject them when it comes to our new profound technological globalization era. Globalization itself has four main trends: increased flows of goods and entities, broadening and looking to diversify financial activities, developing communication, networking, expertise and relations as well as growing disparities despite the fact that overall wealth has risen enormously as a result of globalization based on the expansion of trade goods being able to become more open or available on a more global scale. The study of my survey is based on a conceptual context that concerns technological globalization, the proliferation of e-commerce and how all this might correspond to repercussions on business performance. The economic structure of nations is projected to alter through globalization and e-commerce. This new structure is usually known as the knowledge economy, the new economic economy or the e-economy. E-commerce not only cuts communication costs but also makes localization more flexible. Research points to a growth in the international commerce in the field of Internet technology. Over time, world trade has grown, with technology utilized as a hypothesis. E-commerce, rather than direct interactions among individuals, is intended to characterize commercial sales transactions mediated via internet or other computer networks. Internationalization of e-commerce benefits in two ways: E-business technologies and procedures are directly substituted for physical locations, manual tasks or other accelerating services. E-commerce decreases costs of coordination which can reduce expenses of dealing with overseas subsidiaries still needed due to the product or service nature or regulations or cultural difficulties. Electronic commerce reduces costs business integrations. The primary engine for e-commerce dissemination is technological globalization. Highly global companies are anticipated to use ecommerce transactions more intensely than fewer global companies. Companies confronted by international competition have to use technology such as e-commerce that can defend or increase their market share and function more effectively. Companies conducting business outside their own countries might be more incentivized to reduce transaction costs by employing information technology (e.g. information seeking, negotiating and performance monitoring). The internet may save time and money when delivered goods through the use of rich data fluxes to simplify and expedite physical flows in the supply chains by leveraging the internet in transactions and coordination. This is especially the case for global, multinational-dominated network manufacturing, which may require e-commerce partners to do business with the multinationals. These are the reasons for my first
hypothesis.

My Planned Survey Questions:

• 1. Does technological globalization such as the usage of e-commerce mitigate the effects of globalization on business performance?
• If global firms in business globalization decide they do not want to expand into global markets with the essence of participating in technological globalization are those global firms setting themselves up for financial failure?
• Is technological globalization a shot for equality or in-equality?