Business Reasearch Method Part 1

Business Research Methods Part I Sara Gonzalez QNT/561 March 19, 2013 Business Research Methods Part I A business organization must make tough decisions when faced with a dilemma. They could be rising costs, employee turnover, or in the case of British Petroleum (BP), safety. The recent explosion, deaths, and environmental impact of the deepwater Horizon oil drilling platform in the Gulf of Mexico brought the question of drilling platform safety to the forefront of the news, continuing to do so over two years later. The disaster is one of the more recent events and â€Å"is the largest marine oil spill in history† (Cleveland, 2013).Research Question The dilemma that BP faces is keeping their employees safe while working in an industry known for its immediate danger. Are there warnings in the form of safety incidents that show likelihood that an event similar to the deepwater Horizon could happen again? Research Design A case study, â€Å"also referred to as the case historyâ €  (research text) is used to â€Å"obtain multiple perspectives of a single organization, situation, event, or process at a point in time or over a period of time†. (Cooper & Schindler, 2011, p. 81) The research for this case study will include safety reports from many global oil companies. The purpose for researching many companies is because â€Å"When multiple units are chosen, it is because they offer similar results for predictable reasons† (Cooper & Schindler, 2011, p. 181). It is expected that researching different oil companies will show a common factor in safety incidents leading to catastrophic events. Sample Design A non-probability sample design will be used for collecting data. However, to select effectively a sample design certain questions must be answered.They include, â€Å"What is the target population? What are the parameters of interest? What is the sampling frame? What is the appropriate sampling method? What size sample is needed† (Coop er & Schindler, 2011, Chapter 14, Steps in Sampling Design)? Target Population Our target population will consist of the employees at BP that can provide or have access to statistical data related to our research question. This includes workers who are exposed to the possibility of injury while performing regular day-to-day job duties. Parameters of InterestPopulation parameters will describe the â€Å"variables of interest in the population† (Cooper & Schindler, 2011, Chapter 14, Steps in Sampling Design). These include the sample mean, sample variance, and proportion of safety incidents to incidents resulting in injury. Sample statistics will serve as a â€Å"basis of our inferences of the population† (Cooper & Schindler, 2011, Chapter 14, Steps in Sampling Design). Sampling Frame The sampling frame will be a list of the subjects that make up the population of our sampling design. Characteristics can include age, work experience, and position within BP.Appropriate Sa mpling Method Our sampling design is limited to team member Scott Thrasher’s exposure to BP’s employee population. Again, a non-probability sampling design is the most appropriate method because it does not require the entire affected population at BP and only relies on the subjects who are readily available to him (Crossman, n. d. ). Sample Size At this point we have not established a standard for sample size. It is, however, agreed that a larger sample will provide the most accuracy, precision, and least chance for error (Cooper & Schindler, Chapter 14, Steps in Sampling Design, 2011).References Cleveland, C. J. (2013). Deepwater Horizon Disaster: Deepwater Horizon oil spill. Retrieved from http://www. eoearth. org/article/Deepwater_Horizon_oil_spill? topic=50364 Cooper, D. R. , & Schindler, P. S. (2011). Business Research Methods (11th ed. ). Retrieved from The University of Phoenix eBook Collection database. Crossman, A. (n. d. ). Types Of Sampling Designs. About. com. Retrieved from http://sociology. about. com/od/Research/a/sampling-designs. htm