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Business Research Methods

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Business Research Methods

Ethics in Research

Researcher

Subjects / Respondants

Clients / Sponsor

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Business Research Methods

Ethical Behaviour
Subjects
If

agreed to participate in a research study, give true information. any advance. constraints or limitations in

State

Cooperate

with the researcher throughout the course of the study.

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Business Research Methods

Ethical Behaviour
Researcher
Do

not conceal purpose of the research.

Maintain

objectivity, courtesy professional standards. confidentiality of the subjects and research sponsors.
faulty conclusions.

and

high

No

alteration of data for any purposes.

Protect

research

No

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Business Research Methods

Ethical Behaviour
Sponsor
Avoid

/ Client
and influencing the

manipulating researcher.

The

conclusions drawn from research work should be consistent with the data and not influenced by any other factors. the confidentiality of the research subjects and researcher.

Observe

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Business Research Methods

Research Process

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Business Research Methods

Research Process
Problem discovery

Exploratory research
Literature study Pilot study Focus group .

Problem definition

Research Design
A
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Business Research Methods

Research Process (continued)


A Survey Experiment Study of past data Sampling Observation

Probabilistic

Non-Probabilistic

Data collection

Data Analysis & Interpretation


Report
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Business Research Methods

Problem Discovery
Problem

is

something

which

is

undesirable.
Only

symptoms are known.


of customers. in sales. customer complaints.

Loss

Decline High etc.

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Business Research Methods

Problem Discovery
Research

topics can be identified from Opportunities also.

In

fact Problems can be viewed as Opportunities (for improvement).


New

product development. a product in new area.

Marketing Etc.

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Business Research Methods

Problem Discovery
Ask

yourself what you dont know and you would like to know.

Review
Look

previous work on the topic.

for unanswered questions, issues, theories to be tested. down all ideas & hunches that come to your mind.

Write

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Business Research Methods

Problem Discovery
Write

a general problem statement and objective.

It

should indicate what will be done.


variables & relationships to be

Identify

studied.
Narrow

down to the specific research problem based on your understanding.

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Business Research Methods

Problem Definition
Problem

Definition research objective.

sets

the

proper

Problem
We

is clearly exploratory research.

defined

after

an

need to clearly state the deficiency / opportunity that is expected to result enhancement of business goal.

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Business Research Methods

Problem Definition
Answer

to the following questions on the problem may be used as a guideline while defining a problem.
What

is the problem / opportunity? is the problem / opportunity?

Where

How

much is the problem / opportunity?


is the impact? much is the impact?

What How

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Business Research Methods

Problem Definition
After

clearly defining the problem statement and the research objective, a decision should be taken on
What What

is to be researched? information we require?

What

should be the scope of the study?

Hypothesis
A

is to be formed.

statement which needs to be proved or disproved using information.


Business Research Methods

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Constraints / Boundaries
Identify

what is In and what is Out of the scope of the research.

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Business Research Methods

Hypothesis
Hypothesis

can be written in the following

forms.
If,
o

Then
If students class attendance is high then their performance in exam is better. Higher class attendance have positive impact on students performance in exam. Does higher class attendance impacts students performance in exam?
Business Research Methods

Statement
o

Question
o

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Research Design

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Business Research Methods

Research Design
Research

design is the plan for carrying out the research.


Research Methods Methods

methods that is most suitable.

of data collection of data compilation

Type
o o

of analysis

Quantitative Qualitative

Test

hypothesis and draw conclusion.

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Business Research Methods

Components of a Research Design


Defining Design,

and Finalizing variables.

develop measurement scale.

Questionnaire
Formulation Survey

development.

of Hypothesis. interview.

designing.
selection.

Formulating Sample Plan


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of data collection & analysis.


Business Research Methods

Types of Research Design


There

are two basic types of a research design


Qualitative

Research Design.
Research Design.

Quantitative

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Business Research Methods

Two approaches Qualitative / Quantitative


Qualitative

Research is inductive method (based on observations) that incorporates values and perspectives of researcher and participants. Research is deductive (based on theory/ knowledge) & uses reasoning from general theories to specific instances in an objective manner.

Quantitative

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Business Research Methods

Focus of Quantitative Research


At

least two variables. To prove or disprove whether there is a causal relationship between two variables. Can be expressed as a prediction or an expected outcome. Logically linked to a research question.

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Business Research Methods

Qualitative Research
Qualitative
Involves

research
description of a

narrative phenomenon.

Takes

place in natural settings.

Employs

a combination of observations and interviews.

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Business Research Methods

Qualitative research
Usually

focus on one concept or idea. dont make comparisons among

Generally

groups.
Can

be based on personal experience. actions or

Usually

pertain to the perceptions of subjects.

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Business Research Methods

Qualitative research
Involves

interpretation of a situation, set of behaviours.

Analysis

must take place within a context.

Different

findings may accrue in different settings or situations.

Different

researchers may view the same situation and obtain different results.

Assumes

that there is no one right or wrong answer.


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Business Research Methods

Quantitative and Qualitative research.


Quantitative Tests hypotheses Qualitative Interpret meaning from collected observations / interviews etc.

Concepts are in the form of Concepts are ideas that can be substantiated by measurable variables. observation or interviews.
Measures are created before data Measures are created in an ad hoc manner and collection and are standardized. may not be possible to generalize. Data are in the form of numbers. Data are in the form of words, observations.

Procedures are standard with Research procedures are specific to the setting or theoretical background. Study can participants and probably can not be replicated. be reproduced. Analysis uses statistical methods Analysis involves extracting themes from evidence and proves / rejects hypothesis. and organizing data into themes and categories to present a consistent picture.

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Business Research Methods

Quantitative and Qualitative research.


Quantitative Questions ended. are direct, Qualitative close- Questions are indirect, projective, open-ended.

Larger sample size and interview Smaller sample size, but detailed interview. based on a pre decided questionnaire.

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Business Research Methods

Qualitative Research
Sampling
Purposive
o o

sampling

Non-random sampling.
Purposive sampling targets a particular group of people according to preselected criteria relevant to the research. Sample size depends on the resources, time available or theoretical saturation. Purposive sampling is effective when data review and analysis are done in conjunction with data collection.
Business Research Methods

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Qualitative Research
Sampling
Quota
o

sampling

Quota sampling is a non-probability sampling technique that is based on the judgement of the researcher. In quota sampling, the population is first segmented into mutually exclusive subgroups, similar to stratified sampling. Then judgement is used to select the subjects or units from each segment based on a specified proportion.
Hence Quota sampling is selecting subjects, with certain characteristics. e.g. age, place of residence, gender, profession, marital status etc.
Business Research Methods

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Qualitative Research
Sampling
Snowball
o

sampling

This is also a non-probability sampling. Some populations that we are interested in studying can be hard-to-reach or hidden. In this method, participants of a study refer the other people who could potentially contribute to the study.

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Business Research Methods

Qualitative Research
Hypotheses
Dont

make firm hypotheses.

General

research questions are posed and as data collection, analysis progress, more specific questions emerge. objective is the emergence of a comprehensive description of the phenomena being investigated from the perspective of those who experience it.

The

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Business Research Methods

Qualitative Research
Data

Collection

Data

collection are through observation, interview, artifact (records / documents), behaviour recorded through observation. researcher should keep detailed records of his or her thoughts, feelings while collecting data. incorporated in research questions should be recorded.

Qualitative

Changes

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Business Research Methods

Qualitative Research
Data

Analysis and Interpretation


analysis and collection are iterative.

Data Data Data

must be organized and summarized.

are organized by coding. Descriptions of behaviour, statements, feelings, thoughts, etc. are identified and coded.

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Business Research Methods

Qualitative Research
Establishing
Validity

a Qualitative Studys Validity

is used to check whether research measures what it intended to measure. are various validity types that have been formulated as a part of research methodology.

There

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Business Research Methods

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