Professional Documents
Culture Documents
• Should include
▫ An executive Summary consisting of the problem, findings and
recommendations.
▫ An overview of the research the problems background, literature
summary, methods, procedures and conclusions.
▫ A section on implementation strategies for the
recommendations.
▫ A technical appendix with all the materials necessary to replicate
the project.
8. Management Decision
• The recommended course of action, given the
research findings.
Research Process Issues
• The Favored – Technique Syndrome (Researcher will
select the technique which he/she is comfortable with)
• Company Database Strip-Mining (Research-as expense-
not-investment mentality may prompt data mining from available
information)
• Unresearchable Questions (Value and policy related
questions)
• Ill defined problems (Interrelated facets, Ex. Inter union
conflicts)
• Politically Motivated Research (Ex. Management manager
conflict, less support)
Basic Terminologies
• Concept
▫ Generally accepted collection of meanings or
characteristics associate with certain events, objects,
conditions, situations and behaviors. (Ex. Spelling)
• Constructs
▫ An image or abstract idea specifically invented for a
given research and/or theory building process.
▫ It is composed of more than one concepts, Ex.
Language Skill composed of vocabulary, syntax and
spelling.
• Operational Definition
▫ Definition stated in terms of specific criteria for testing or
measurement. (Ex. Freshers, Seniors)
• Variable
▫ A symbol of an event, act, characteristic, trait or attribute that
can be measured and to which we assign categorical Values.
Dichotomous (Ex. Employed Unemployed)
Continuous (Ex. Income)
Independent/ predictor Variable(IV): Which affects
Depended/ criterion Variable(DV): Which is affected
Moderating Variables (MV) : second independent variable having
significant effect
Extraneous Variables (EV): infinite number of variables having little or
no effect in given situation or having impact in random fashion. –
Control Variable
Intervening Variables(IVV): a conceptual mechanism through which
the IV and MV might affect the DV.
Ex. For management students(EV), a practical activity in the class-
room (IV) can enhance participation (DV), especially using multimedia
(MV), as the students would be more attentive (IVV)
• Propositions and Hypothesis
▫ Proposition is statement about observable phenomena that
may be judged as true or false. When a proposition is
formulated for empirical testing, we call it a hypothesis.
• Descriptive Hypothesis
▫ State the existence, size, form, or distribution of some
variable.
Ex. American cities are experiencing budget difficulties.
• Relational Hypothesis
▫ Statements that describe a relationship between two
variables with respect to some case.
Correlational Hypothesis
Ex. American cities are experiencing budget difficulties more
than Chinese cities.
Explanatory (causal) Hypothesis (IV & DV)
Ex. American cities are experiencing budget difficulties because
of lower savings orientation amongst people.
• Theory
▫ A set of systematically interrelated concepts,
definitions and propositions that are advanced to
explain and predict phenomena(facts).
• Model
▫ A representation of system that is constructed to
study some aspect of that system or the system as
a whole.
Assignment
• What is a research? State each aspect of a good
research and write distinct features or
characteristics of that aspect.
• Discuss various steps of business research
process.
• Define business research. How can it be used in
each stage of decision making process for
development and implementing strategy?
Thank You