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The Five Hottest Occupations in Jamaica

Where are you mostly likely to be employed in Jamaica? Which occupations do employers seek most? The following infographics highlight the five hottest occupations in Jamaica, based on demand...

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Is market research useful for a small business?

Many Jamaican entrepreneurs (or entrepreneurs to be)  have asked/ or is still asking themselves’ the above question – is market research needed for my new idea? We’ve found some external insights on...

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Yes, there are opportunities in a depreciated Jamaican Dollar!

Public discussion surrounding the depreciating dollar have been one sided, looking only at the negatives associated with the decline. With the exception of Dr. Damian King (Senior Economist, UWI), I’m...

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Top 5 Posts in 2012: Balcostics’ Year in Review

2012 came with its fair share of challenges and triumphs. We take this opportunity to thank everyone for their encouragement and support. See below some stats on our website and what you our viewers...

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ProjectRita Training Seminar

Project Rita is the code name of our new and exciting project. We will be researching to aid Jamaica’s environmental and cultural resources. We’ve been contracted by one of America’s top 5...

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Working and Enjoying Jamaica: Field Work

Working, researching and enjoying Jamaica – this has been our story in recent weeks. In our most recent exploration, we visited Dunn’s River Falls, completing our work, while basking in the ambiance of...

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Qualitative & Quantitative Sampling Methods

Research is a systematic approach to collecting, entering and analyzing data. The process of data collection begins with determining which ‘sampling method(s)’ one will use – qualitative or...

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Are You Satisfied?

What is satisfaction? How do we ask questions about satisfaction? Is there a best approach?  Here we present some tips and best practices for asking satisfaction questions in a survey. Filed under:...

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Understanding Dependent & Independent Variables #Animation

In doing research and data analysis, many have struggled with differentiating between the dependent and independent variables when running statistical tests and/or experiments. A clear understanding of...

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User Research For Innovation

At Balcostics we’re in the business of applied research, research that address real issues and provide necessary information for decision makers. A user research is one such practical approach to...

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Research Purpose in the Information Age

Filed under: Research Learning

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Balcostics Among 12 Finalists for Caribbean & Latin America Investor Pitch...

We are happy to announce that Balcostics Limited has been selected as one of 12 finalists in the Caribbean and Latin America Investor pitch competition. Learn more about the other finalists here   Two...

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There is nothing Boring About Statistics

“There’s nothing boring about stats” - Hans Rosling. In this one hour documentary, Hans Rosling highlights the joys of statistics and the inherent beauty in the numbers.Filed under: Perspectives,...

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The Telephone Interview Questionnaire

Be Prepared to Interview Be prepared, Be very prepared. It is one thing to gather the courage to walk up to a perfect stranger, put on your best smile and ask them to fill out a questionnaire. It is a...

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The Transfer of Governance Technology: Case of the Colbeck Water Users’...

Purpose of study  To determine whether social capital as it relates to trust influences the successful transfer of participatory and transparent governance technologies in the Colbeck Water Users...

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Top Six Financial Companies on Facebook: Jamaica

Are the number of Facebook ’likes’ a true representation of customer appreciation/satisfaction with their respective financial institution?  Is social media presence a true reflection of customer...

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Conduct your own survey! Balcostics’ quick guide

What is a survey? It is  the systematic/structured gathering of information from a sample/ proportion of individuals for the main purpose of making conclusions/predictions about a larger...

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Online Surveys Pros & Cons

With the explosion of internet usage globally, it was inevitable that surveys would eventually utilize the online medium to capture required data. The advent of Facebook and Twitter, has further...

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Planning your research: The simple yet effective whiteboard

Before embarking on a new research project, the following are considered extremely important to the successful execution of same: Brainstorming: Planning should begin with the brainstorming phase,...

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Research is Not Data Gathering!

Here we seek to highlight answers to the following questions: What is research? What is the research process? Why we do research? Why do a literature review? Filed under: Research Learning

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