Uses of Scientific Methods in Business - 1174 Words

Uses of Scientific Methods in Business Uses of Scientific methods in Business An Overview: Scientific research serves us to comprehend the world around us, how things work and why certain things look or act the way they do. Scientific research consists of intrusiveness, observations, experiments and evaluations. It attempts to use these to answer questions about what causes differing phenomena. It is important to note that scientific research does not provide absolute solutions to questions, but preferably gives apparent answers based on, evidence gathered and contemporary knowledge. New information can lead to the denial of ideas previously believed to be true. This article is about applications of scientific methods in Business.†¦show more content†¦Executives and managers who use business research methods are able to better understand their company, the position it holds in the market and how to improve that position. Scientific methods can be applied in Business in many dimensions. And they can flourish business in number of ways. Few of them are as follows ï ‚ · Improving standards of competition: The fundamental way to keep ahead of competition is through exceptional thinking; perpetual innovation; entrepreneurship; creativity; and more complete problem solving and decision making. Through which entrepreneurs can meet global challenges with more complete problem solving and decision making skills. Organizations productivity can be enhanced by encouraging employees to learn and use scientific methods. ï‚ · Provides training for change and innovation: It encourages entrepreneurs to re-establish their thoughts, ends aimless wandering, helps ideas transforming shape, motivates self-confidence and helps them to avoid snap judgments. It provides tracks for change and innovation, etc. ï‚ · Improving performance chart: It enables how to manage and how to plan basic problems. Thus the better your managers are trained in the use of scientific methodologies, the better job they will do. If senior managers are all officially educated and certified in the field of management they will be able to drive a workforce on using effective motivational drivers. Information technology can relate to using software inShow MoreRelatedScientific Management1358 Words   |  6 Pagesï » ¿Critically discuss the notion that Scientific Management was a ‘good’ idea in the history of management thinking. Since the thousands of years, people use the management in the great projects such as the Egyptian pyramids and the Great Wall of China. According to Robbins, et al. (2006), Henri Fayol said that all managers perform five functions: planning, organizing, commanding, coordinating and controlling in the early part of the twentieth century. 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