Business Research Project Essay Example for Free

Business research Project EssayLast week our team was requested to identify a company that has face up or is currently facing problems or situations that can be reference pointed by research. We chose Blockbuster as our research project, we analyzed the company and identified the companys bankruptcy as our research problem. found on that, we set our research hypothesis as the possible causes or reasons that lead the company to bankruptcy. gibe to that hypothesis we formulated our research questions. In order to go ahead with our investigation and find out if any of the independent variables proposed in our research is related to the bankruptcy of Blockbuster, we have to identify who is going to be our population and our research warning. Let starts first by understanding what populations and a exemplification distribution argon. In statistical terminology a population can be understood as a determined or specific set of things or units that be going to be investigated or studied, while a standard or population sample can be described as a subset or mass of the total units comprising the population.In other words the population is the group of elements or objects to be studied or investigated and of which inferences are made, that later impart be tested to be finally accepted or discarded. By sampling a representative portion of the population is selected to be tested the results and conclusions about the population are drawn. Our investigation is limited to Puerto Rico area, so our targeted population go forth be Blockbuster customers in Puerto Rico. Our sample will consist of 24 puertorrican Blockbuster users selected utilizing the random sampling system. Once we have identified the sample we need to determine which data hookup regularity will be used to obtain information. The collection and analysis of information is extremely important and there are four basic ways in which data can be collected. The first one is to obtain the data fro m a previously make source, this one is possible when someone has already collected and published the data needed.The second method is to set an experiment to obtain the data. By this method a specific experiment isdesigned and performed by the police detective under specific and controlled conditions. The third method is performing a survey, this method consist of selecting a sample and delivered them some(prenominal) question and record the information given by respondents. The last method is the observation, by this method the researcher observes behavior of the population in their natural environment and records the findings. As our data collection method we chose the survey that will be delivered to the selected sample of Blockbuster customers in Puerto Rico.Our survey will contain several questions to be answered and will consist in to parts. The first one will have multiple picking questions and the second one will have question that will require the opinion of the respo ndent. This method will allow us to have and insight on what was the real reason behind Blockbusters bankruptcy, and the closure of its video stores. This surveys will be sent by email to the personal email address of the respondents. They will have 7 days to answer it and send it back by email. Once the responses are received the answer given in the multiple choice question will be tabulated and the others will be recorded and analyzed.ReferenceUniversity of Phoenix. (2014). Week three Statistics Statistic for Business and Economics 11th Chapter 6. Retrieved from University of Phoenix, QNT/561PR website. University of Phoenix. (2014). Week third Statistics Statistic for Business and Economics 11th Chapter 7. Retrieved from University of Phoenix, QNT/561PR website. University of Phoenix. (2014). Week Three Statistics Business Research Methods 11th Chapter 10. Retrieved from University of Phoenix, QNT/561PR website. University of Phoenix. (2014). Week Three Statistics Business Rese arch Methods 11th Chapter 11. Retrieved from University of Phoenix, QNT/561PR website. University of Phoenix. (2014). Week Three Statistics Business Research Methods 11th Chapter 12. Retrieved from University of Phoenix, QNT/561PR website.