Businesses often conduct research to maximize profits as well as to understand their competitive edge. There are a number of considerations when preparing and conducting research for a business – biases, reviewing credible sources, and ethical considerations. Throughout the research process it is important to recognize and remove personal biases in order to provide a balanced and thorough review. Another important consideration is to review and utilize sources that are reliable and provide objective information. It is also important to think about the ethics of your research. Being honest, respecting the integrity of data, and being objective help to ensure the credibility of research. Utilizing the Internet, choose 1 example of unethical research in a business setting, (https://www.bbc.com/news/business-34324772) and discuss the following:
•Explain why research might be considered unethical. Share your research topic and explain ethical considerations when conducting your research
Businesses conduct research with
the purpose of gaining insight into the industry, customers, and competitors to
maximize profits and maintain a competitive edge. However, research can be
considered unethical if it violates ethical principles like honesty and
integrity. Unethical research practices in business settings can harm
individuals and undermine the credibility of the research. To conduct ethical
research, researchers must consider the principles of honesty, integrity, and
respect for the dignity and privacy of participants.