Business Research in Practice

Unit Outline (Higher Education)

   
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Effective Term: 2024/05
Institute / School :Institute of Innovation, Science & Sustainability
Unit Title: Business Research in Practice
Unit ID: BUMGT6982
Credit Points: 15.00
Prerequisite(s): Nil
Co-requisite(s): Nil
Exclusion(s): Nil
ASCED: 080301
Other Change:  
Brief description of the Unit

In this course students’ will gain an overview of business research approaches and methodologies where students apply quantitative and qualitative methods relevant for understanding and/or solving business challenges and problems. The premise of this course is, the knowledge of research methodology and helps research consumers (e.g., managers, business consultants, entrepreneurs) evaluate research and make informed decisions, and hence this course takes an applied approach, with a focus on interpreting both qualitative and quantitative data.  In addition, research ethics and project management is introduced. The key learning strategies include interactive group work, skills development workshops, practice exercises and case studies.

Grade Scheme: Graded (HD, D, C, P, MF, F, XF)
Work Experience Indicator:
No work experience
Placement Component:
Supplementary Assessment:Yes
Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment
Course Level:
Level of Unit in CourseAQF Level(s) of Course
5678910
Introductory                                                
Intermediate                                        
Advanced                                                
Learning Outcomes:
Knowledge:
K1.

Demonstrate an understanding of the fundamentals of business research and its relevance to solving business problems

K2.

Define contexts suitable for qualitative and quantitative based research methods

K3.

Identify appropriate research techniques, including strengths and limitations

K4.

Infer results from data analysis applicable to business and management challenges or problems

Skills:
S1.

Utilise relevant and appropriate sources of secondary data using traditional and electronic information sources, such as, trade journals, newspapers, periodicals, the Internet, and on-line databases

S2.

Utilise relevant and appropriate research methods to provide primary data, such as, observation, interviews and focus group discussion and surveys

S3.

Perform basic data analysis, sufficient to make sense of data

S4.

Interpret results from the data analysis, including implications

Application of knowledge and skills:
A1.

Identify and evaluate business research problems and appropriate research solutions

A2.

Apply appropriate methods of collecting primary data including survey instruments, interviews, telephone surveys, and observations

A3.

Apply the analytical procedures and methods relevant to exploratory research

A4.

Develop methods to effectively communicate research results (both numerical and qualitative) to stakeholders

Unit Content:

•Worldviews, perspectives and decision making
•Identifying and solving business problems
•Research process and methods
•Using technology in research, e.g. Automation, machine learning & AI in market research
•Fieldwork, data collection
•Analysis, making sense of the data, sorting out fact from fiction
•Storytelling from data, communicating to stakeholders
•Insights to activation,  ensuring practical outcomes
•Ethics and privacy

Graduate Attributes:
 Learning Outcomes AssessedAssessment TasksAssessment TypeWeighting
1.

K1;K2;K3;K4; S1; S2, S3 A1;A2; A4

Fieldwork and presentation of insights from fieldwork

Group presentation

20-30%

2.

K1; K2; K3; K4; S1; S2; S3, S4;A4

Critical evaluation of a business research report or case study

Individual assignment

30-40%

3.

K1;K2;K3;K4; S1;S2;S3;S4; A1;A2;A3;A4.

Research project

Individual or Group report and presentation

40-50%

Adopted Reference Style:
APA  ()

Professional Standards / Competencies:
 Standard / Competency