Research and Decision Making for Business

Question: Discuss about the Research and Decision Making for Business. Answer: Introduction The purpose of the research work has been clearly stated in the introduction part of the research work. The introduction is one of the most important parts of the research work, which enable the readers to get the central idea about the research. The authors have talked about the prior limitations of the research works and have stated the purpose clearly that the present research work will mainly look into those limitations to complete the research work. The authors have related the study to the macroeconomic changes in the market. The authors have pointed out that the macroeconomic changes have resulted in the job loss among the labors in the United States. Thus, it can be said that the authors have taken care of all the factors that result in the job loss and can affect the health of the workers who are working in the country. Statement of the problem The statement of the problem is clearly stated in the introduction part of the research work. The limitations of the prior research have been stated well in the introduction part. The limitation that the authors have identified in the prior research works have made the readers aware of the problems of the cross-sectional data and the longitudinal data. The cross sectional data is mainly based on the population of an area or other firms, association or region. On the other hand, longitudinal data is about research, which is based on a certain period. However, the authors have revealed that those longitudinal data cannot be applied for the workers of all the categories in the United States. Thus, the problems of the job insecurity and the problems that have been identified in the previous research works have been stated properly in the research work. Purpose of the study It would have been better if the authors have mentioned the problem statement, the purpose of the study separately. The readers could have easily understood the different sections of the research works and the research work would have been more easier for the readers to understand. Research question The main setback of the research work is that there is neither any clearly stated research questions, research objectives and the aim of the research work. Research questions not only help the readers but also help the researcher to keep track of the questions that need to be answered in the research work. Thus, research questions are an important part of the research work that the authors have overlooked. However, the authors could make use of the hypotheses to keep a check on the flow of the research and the areas that need to be researched to complete the work. Theoretical framework The authors have not used any theoretical framework for the research work. The theoretical framework is necessary for a research work as it present to the readers the entire structure of the literature review and supports the secondary research work of the researchers. If a theoretical framework could be presented in the following research work, then the framework could have been repented in the following manner: Figure 1: Theoretical framework for the research (Source: Created by author) The authors mainly will look into the problems of job insecurity in the United States. However, before proceeding with the research work, they have looked into the prior limitations of other works. The perceived job insecurity and the meanings and measurements of the same is studied. Finally, the effect of the job insecurity has been presented in the research. Literature review The authors have not mentioned separately about the literature review. The authors should have used a different heading, which would have made the research work clearer to the readers. For any research work, it is important to use the references that are not more than five years old. The research works are written in the year, 2009. As a result, the authors should have used references from the year 2004 until the year, 2009. However, the authors have used references that are dated 1994, 1995 and older than these years. Recent data would have made the readers aware of recent works that have been done by the authors. On the other hand, the authors have taken a long period to study the changes in the perceived job insecurity and the health of the workers. As a result, the authors have the literatures that have written ten years ago. However, they could have incorporated equal amount of literature from the history as well as from the present to keep a balance in the literature review of the research work. Methods The authors applied the longitudinal data collection method to write the research work. In addition to this, they have not forgotten to use the cross sectional data collection as they have collected the data from Americans Changing Lives (ACL) and Midlife in the United States (MIDUS). The authors have collected the first set of before the perception of the job security and they have further collected the data by following up with the data collection prices. The authors have taken into consideration a long range of time to collect the data. They have started with three years and have collected the data over a period of ten years. The range has helped the authors to look into the variation that might have happened in the entire range. To get a 3600 idea about the relations between the job security and the health of the workers the authors have taken the help of three hypotheses. The sample size and the types of the participants who took part in the research work are appropriate for the research works. The authors have taken the feedback of the participants who are over 25 years and have taken into consideration the participants who are aged 60 years. The range is appropriate for the study because people get into the jobs in the age of 25 years. The problem of job security and unemployment starts when an individual reached the age group of 25 years. the effect on the health can be seen at the later age. Hence, the 60 years is perfect for the study to get an idea on the effect on health. The data collection instrument like the questionnaire is significant for the present research work. The authors have collected the data by conducting surveys, face-to-face interviews and over sampling. With the help of the questionnaires, the authors have been able to get the exact data needed for the research. They were able to further analyze the data with the help of Stata with the help of the questionnaire. The reliability and the validity of the research have not been mentione d in the research work. However, it can be said that the research is both reliable and valid. It can be said reliable because the authors taken into consideration primary research and hence they have been able to retrieve the real data. It is valid because they have taken into consideration a study that has been done for a long range of period. Thus, the result of the research can be applicable for any kind of data. Analysis The authors have taken into consideration a huge range of data and that has been collected for a long range of time. The authors have used the Stata software version 10.0 SE. The authors have used the ordinary least squares (OLS) to make the multivariate analyses. The quantitative data analysis should be used when the authors are taking into consideration a huge set of data. The close-ended questions have been helpful for the authors to analyze the data and reach the proper conclusion of the research work. The analytical approach of the authors is suitable for the present research design, which is mainly based on the primary research approach by the authors. Results The authors of the research work have presented result section in a well-described manner. The tables that showed the perspectives of the participants have been explained properly. The feedback of the respondents from the different organizations, Americans Changing Lives (ACL) and Midlife in the United States (MIDUS) are mentioned separately in the result sections. The authors are able to show that the variations of the mindsets of the people from the different organizations. However, they are also able to show the similarity among the feedback of the respondents from the different organizations. Discussion As the there are no research questions or theoretical framework presented in the research work, hence there was no linkage in the discussion section of the project. However, the authors have linked the hypotheses that have been considered in the initial stage of the research have been discussed in the discussion part of the research work. In addition to this, the authors of the present research have linked with the findings with the research works that have been done by other authors. The authors have pointed out that the results of the present research work is consistent with the work that have been done by Heaney and other authors with Michigan auto workers in the year 1994 and Ferrie and other authors with British civil servants in the year 2002. Limitations The limitations of the research are not mentioned separately and are mentioned in the discussion section of the research work. Limitations are a part of the research work so that the future authors are able to get an idea about the areas that not have been covered in the present research.. However, the authors have pointed out that the exact health status of the workers of all the areas could not be covered in the present research work, which is the main limitation of the research work. The result of the research can be entirely different if the authors have taken into consideration other factors to carry out the work. In addition to this, they have taken into consideration certain age group to do the research work. The result of the research can be completely different if any other age group is taken into account to complete the research work. Conclusion The authors have recommend that the present situation of the lives of the workers could be made better once the demographic conditions are changed. In addition to this, the change in the characteristic of the job could help in lessening the job security of the workers in the United States. Here also the authors have not made any separate heading for the recommendations. It would have been better if the parts of the research were mentioned separately rather than mentioning them under one heading. The researchers have found it easier to relate to the perspectives of the researchers of the study.