STA 630 GDB Solution 2023 | STA630 GDB Solution Spring 2023 #vu #sta630 #gdbsolution #spring2023

 

STA 630

GDB

Solution

Spring 2023

 

 

 

Objective of the activity:

The objective of this discussion is to make students able to classify the type of research in terms of purpose, use, time dimension and research technique.

 

Learning outcomes:

After attempting this activity, students will be able to understand the classification of research in terms of purpose, use, time dimension and research technique.

 

Information:

All organizations in the public and private sectors want to achieve their goals and remain competitive. However, this cannot be done without the effective knowledge management. Knowledge management has emerged as a new discipline now and can still form its theoretical foundation. Literature reveals that although knowledge itself is a resource, effective knowledge management allows people in a firm to extract more knowledge from all available resources, In addition, knowledge management plays an important role by providing an integrated system to facilitate the transformation of resources into capabilities. The effective knowledge management supports the conversion of resources into capabilities and the capabilities create the long-term survival of a firm. A researcher conducted empirical questionnaire-based research in some selected organizations in the year 2020 in which he proposed that a firm with effective knowledge management practices is expected to make improved resource utilization and thus will bring greater outcomes that may include additional innovation and enhanced business performance. It was also expected that a firm with access to a greater knowledge acquisition will have better knowledge distribution and responsiveness to knowledge behaviours and practices. Similarly, he further assumed that a firm with better knowledge distribution behaviours and practices will be mor receptive to knowledge. The empirical outcomes of the study unveiled knowledge management as a device of coordination through which a firm can use its resources more efficiency and can become more innovative and productive.

 

Required:

Read carefully given information related to the research study conducted in year 2020 and complete the table (1 mark each).

 

Purpose (Type) of Research	The purpose of the research study was to investigate the relationship between effective knowledge management practices and various outcomes, such as improved resource utilization, innovation, and enhanced business performance in selected organizations.
Use(s) of Research	The research aimed to highlight the importance of knowledge management in organizations and demonstrate how effective knowledge management practices can lead to better resource utilization, innovation, and overall business performance.
Time Dimension	The research study was conducted in the year 2020, indicating that the data and findings are specific to that particular time period.
Research Technique(s)	The researcher employed an empirical questionnaire-based research technique to gather data from selected organizations. It can be inferred that the study utilized quantitative methods to collect and analyze data, likely through surveys or structured questionnaires. The use of questionnaires allowed the researcher to gather information on knowledge management practices, resource utilization, innovation, and business performance in a standardized manner, enabling statistical analysis and drawing conclusions based on the collected data.