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