S1105: Conducting a Strategic Management Project - Research Project Assessment Answer

Subject Code: S1105 Internal Code: 1AIEIA

Research Project Assessment Answer

Assignment Task: S1105 Strategic managers find themselves making decisions on a daily basis and in order to make effective decisions, they need good information. On occasion, there are decisions that need to be made that support the requirement for a strategic investigative project to be conducted. What this means is that a topic that requires more information has been identified and that could be anything from an analysis of the environment to structural change or development needs. What is then required is a detailed analytical investigation of the topic. This is bound to require the commitment of resources from the organisation and it, therefore, must be carefully handled and the project justified. No organisation can stand still, strategies change and in order to remain competitive, it is important to be aware of the environment and to remain innovative. It is for this reason that strategic management projects are often conducted. This module aims to explore the reasons why strategically investigative projects take place and how they can be conducted. At the end of this topic, you will be able to:

• Understand different types of research and reasoning as well as different types of knowledge claims
• Understand how to identify the aims, scope and objectives of a research project

The sections in this topic include:

1. Theoretical or empirical research?
2. Deductive and inductive reasoning
3. Knowledge claims
4. Aim and scope of research
5. Summary

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