Research in Accounting Practice Accounting, Finance, SPSS Essay (Essay Sample)

BUSINESS RESEARCH
Question 1
I do disagree with the statement “there is no managerial value in doing research in business”. Managerial values serve as guiding principles for every single operation of the business (Pera, Occhiocupo and Clarke, 2016). Management keeps all plans on check while values regulate the plans on operation. Therefore, managerial value is the shadow for the successful business activities and operations. On regards to business research, managerial values have the following benefits;
Managerial values helps to minimize ambiguity by providing reliable information that aid decision making. In relevant to business research, a managerial value conveys the business purposes by proving the road map on what is to attained and, helping a researcher to remain focused by keeping track on the directions related to the research activity.
Managerial values help to reduce risk associated with business research such as confidentiality risk and legal risk among others. With managerial values, researchers will be able to remain guided by the principles which stipulate the direction to take and the future outcome of the research project. A managerial value crystallizes research activities by bringing together the objectives and the goals of the business research, this helps the researcher not to lose the track of ongoing research activities.