Advantages Of Archival Data For Researching Business Issues From An Academic And Practioner Perspective Essay

Security return data was drawn from the CRSP Daily Stock database, and company fundamentals such as goodwill, net income, revenue, and net assets were obtained from the CRSP/ Compustat Merged database.

Above is an example or both primary and secondary data which is all quantitative being based on proven facts and subject to continual improvement.

What is the probability that a randomly selected order will require more than six days?

In recent news, Bank of America publically announced its plan to make changes to debit card customer accounts in 2012 (Chang, 2011, NBC San Diego). To date, Bank of America has a “fee-free” policy on these types of accounts however; new regulations on debit card accounts are a hindrance to the Bank’s ability to maximize return on investments. As a result the bank is considering implementing a surcharge on checking accounts. However, the bank must determine if this will affect the attitudes and behaviors of customers. To achieve this, Bank of America must conduct business research.

In chapter 11 Alexander Stille, explains about how past technology can retrieve the images and data more than the ones you can retrieve from modern technology. All this great information from the old technology is being refurbished to the newer technology where it can lead to an obstacle because if the data are not transferred correctly the information from the past can deteriorate. In the past, paintings that are hundreds of years old still look as new today as if they were painted yesterday but, in modern times we will save it in a smaller space that deteriorates very quickly. Our government and military in the past have tried to make the records digital but, the major problem is to restore records and emails. Military records were stored

Now, in 2012 it is evident that his theory is true. In 2050, small business owners will make the above statement because like described about real estate in question one, the owner of the business may sell his database upon retirement. Along with real estate, data or information does not depreciate in value. There are some differences. Some databases have been collecting important data, related to customers, for years. This information could prove to be more valuable than real estate to a competitor in one’s respective industry. Information on customers is priceless. A detailed, in depth database is instrumental in finding out customer needs, habits and reactions to discomforts in the market and can contribute immensely to a small business owner’s success.

Just like most of the research, there are two types of data in our project, the primary data, and the secondary data.

When I first saw we had to read a book for this class, I was not that happy about it. However, this book was so fascinating to read, and I learned more than I thought I would. The beginning of the book freaked me out because Kolbert mentions that we’re in the middle of a mass extinction. I couldn’t wrap my mind around the thought of the human race becoming extinct. Every time I think about that, I always remember that documentary/movie called Life without People we watched in eighth grade. For her to talk about how the human race isn’t as superior as we think is eye opening. Also, it was surprising to learn that Kolbert was a journalist, and that she wasn’t some scientist. It showed me that you don’t have to limit yourself to just one thing. She took her field of journalism and paired it with a journey to find out what is happening to the Earth.

S. (2013). Advantages and disadvantages of secondary data collection nowadays. Retrieved April 16, 2017, from https://xaperezsindin.com/2013/12/11/advantages-and-disadvantages-of-secondary-data-collection/.

Justification: In order to perform the job requirements an individual must exhibit a number of different skills and talents. For example, the person who fills the position must do the following: * Decide whether the research has commercial application * Move patent applications forward * Consult with management on corporate strategy

Murder, a crime which has been illegal in nearly all societies throughout the history of man including the U.S has immensely lucid laws written against it. This law prevents many people from committing murder, however mass shootings still occur despite this law. Why would more laws preventing such crimes stop them? Whenever there is news of a mass shooting or shooting incident, gun laws are always the first thing to be blamed by the media. Saying increasing gun laws and banning assault rifles would stop all these crimes is an overstretch. These people fail to realize that statistics have shown more gun laws would not stop shootings. Making guns illegal would not reduce mass shootings, due to the majority of shootings taking place in gun free zones, it will only stop law abiding citizens from obtaining guns, and thus endanger people more.

As part of a research study, a physician plans to review medical records of the next 50 of her patients who require magnetic resonance imaging (MRI) scans for clinical treatment to explore factors related to patients requiring MRI scans. The physician will review the medical records, and write down the clinical indication for the scans, any existing injuries, current prescriptions, as well as other clinical data. The clinical indication for the scans and the other clinical data will be collected in the medical records for treatment purposes as part of standard clinical care. The physician will use a coding system to be able to identify the patient's information; however, the "key" to the coding system will be stored separately from the data in a locked cabinet that only she will have access to. Which of the following is true?

This is existing research that has been gathered previously either by the firm itself or by other organisations. This type of research is collected quicker and cheaper as it has been already archived. Secondary data is normally found in internal and external sources.

In this article had discussed about an issue of archives and records management field to develop as academic research. In the first decade of the 21st century, the archives and records management field had faced the dilemma to choose between profession and an academic discipline. There are mention about changes in archives and records management education and research in UK universities which the story about the building of a new academic discipline. Some new structures was been highlight such as the development of research groups in universities which have both contributed to and responded to the national policy and funding context including the RAE

Primary and secondary sources are ways in which data can be retrieved. As Serakan (2006) stated, “Primary data refer to information obtained by the researcher on the variables of interest for the specific purpose of the study”. Various evidence suggesting to what methods of primary research can be conducted and which are most effective for the previously mentioned problem description are stated in this chapter.