Comparative
Table:
Differences
between a business proposal and formal research.
Process Steps |
Business Proposal |
Research Project |
Overview |
Executive Summary |
Abstract |
Report
Formatting |
Variety of formats, sometimes proprietary |
APA formatted |
Preliminary
Data Gathering |
Previous or similar internal situations or cases from the competition. |
Ideas based
upon the results of other researchers |
Literature
review |
Proprietary and industry specific literature. |
Primarily
scholarly literature (preferably peer
reviewed) to articulate the context of the study |
Definition of
the problem |
Mainly framed as a business decision making concern |
Careful framing
of the area of concern as a potential contribution to scholarly research |
Research
question |
Directed at finding an the best possible solution to a business problem |
Framed so it
can be proven as an experiment: Quantitative, qualitative and mixed methods. |
Theoretical
framework |
Normally not used |
Defines the
theories that support the variables used in the hypothesis |
Purpose of
the study |
Finding an optimal solution |
Builds upon
other comparable research and expressed as an event that can be replicated. |
Design
Approach |
Analysis of alternatives |
Performing an
experiment |
Data
collection methods & analysis |
Search for current data sources available and make a decision |
Have to
generate your own data to make a discovery |
Conclusions |
Normally the same as the recommendations |
Scope limited
to results of experimental design. |
Recommendations |
Normally the same as the conclusions |
List of areas for
further research, contribution to the academic field |
References |
Proprietary and industry specific literature |
Target the most
recent and reputable scholarly sources |