Business Research Method: By, Kartikeya Singh SMS Varanasi, UP
Business Research Method: By, Kartikeya Singh SMS Varanasi, UP
Business Research Method: By, Kartikeya Singh SMS Varanasi, UP
By,
Kartikeya Singh
SMS Varanasi, UP
I. Concept of Research and Its Application in Various
Functions of Management
Applied Research
Qualitative Research
Quantitative Research
Empirical Research
Descriptive Research
Analytical Research
Conceptual Research
Historical Research
Exploratory Research
Types of Research
I. Pure or Basic Research
• Research which is undertaken for enhancing the
knowledge is known as basic or pure research. Pure and Basic Research
• It is basically undertaken with the intention of Applied Research
designing different tools for solving various problem.
• It is concerned with a single situation and does not Qualitative Research
apply to wider area.
• It is intellectual exploration and results into Quantitative Research
development of theories and generalizations.
Empirical Research
• Pure research is largely limited to the academic world.
• The funds provided by the educational institutions and Descriptive Research
government enable researchers to pursue pure
research. Analytical Research
– Consumer behavior
– Human behavior Conceptual Research
– Natural phenomenon
– Pure mathematics Historical Research
• Basic research, also called pure research or
fundamental research. Exploratory Research
Types of Research
II.Applied Research
• Also known as practical research and mainly Pure and Basic Research
termed as Need based research which has high
practical relevance. Applied Research
• The main aim of applied research is basically
Qualitative Research
finding a solution for an immediate problem
which is faced by a society or an industrial or Quantitative Research
business organization.
• Time framed and budgeted research, marketing Empirical Research
research and communication research are Descriptive Research
example of Applied research.
– Problem Solving Research-Specific Problem.- Analytical Research
individual company for the problem faced by it
Conceptual Research
– Problem oriented Research-Applied nature of
problem - WTO does problem oriented research for Historical Research
developing countries,
Exploratory Research
Types of Research.
III. Qualitative Research.
• Qualitative in nature, generally undertaken Pure and Basic Research
to study the human behavior.
Applied Research
• Motivation Research
– Word association test Qualitative Research
– Sentence Completion test Quantitative Research
– Story completion test
Empirical Research
– Similar other projective techniques
• This type of research recommends the Descriptive Research
guidance of experienced psychologists as it Analytical Research
is difficult to study the complexities of
human behavior with the single notion. Conceptual Research
Historical Research
Exploratory Research
Types of Research
IV Quantitative Research.
• Quantitative research is based on the Pure and Basic Research
measurement of a phenomenon in
quantity terms. The results of such Applied Research
research is subjected to intensive, Qualitative Research
quantitative and statistical analysis.
Quantitative Research
• Quantitative research often looks towards
quantitative data to support their theories Empirical Research
and quantitative research often looks for Descriptive Research
support in existing theories.
– Demographic profile of a given area Analytical Research
– No. of automated vehicle used in particular Conceptual Research
area
– Trends in terms of no's Historical Research
Exploratory Research
Types of Research
V. Empirical Research.
• This is data based research in which Pure and Basic Research
primary(first hand) data is collected and
Applied Research
the data is analysed and subjected to
hypothesis testing. Qualitative Research
Exploratory Research
Types of Research
VII. Analytical Research
• In analytical research the researcher Pure and Basic Research
general way and then the ambiguities, if any, 5.Determining Sample Design
relating to the problem be resolved.
6.Collection of Data
• Then, the feasibility of a particular solution has to
be considered before a working formulation of the 7. Execution of the Project
explorations and the form of the final report. 10. Generalization and Interpretation of
Data
connected with the problem. For this 10. Generalization and Interpretation of
Data
• A good library will be a great help to the 11. Preparation of the Report
6.Collection of Data
(a) Discussions with colleagues and experts about the 3.Development of Working Hypothesis
(c) Review of similar studies in the area or of the 7. Execution of the Project
studies on similar problems; and
8.Analysis of Data
(d) Exploratory personal investigation which involves
original field interviews on a limited scale with 9.Hypothesis Testing
interested parties and individuals with a view to 10. Generalization and Interpretation of
secure greater insight into the practical aspects of Data
the problem. 11. Preparation of the Report
4. Preparing the research design:
• The research problem having been formulated in 1.Formulating the Research Problem
clear cut terms, the researcher will be required to
prepare a research design, i.e., 2.Review of Literature
– the cost factor relating to research, i.e., the 10. Generalization and Interpretation of
Data
finance available for the purpose.
11. Preparation of the Report
5. Determining sample design:
– Deliberate
– Simple Random
– Systematic
– Stratified
– Quota Sampling
– Cluster Sampling and area Sampling
– Multi Stage sampling
– Sequential Sampling
Sampling Method
Stratified Judgmental
Cluster
Multistage
Probability and Non Probability
Sampling
• All the items under consideration
in any field of inquiry constitute a
‘universe’ or ‘population’.
• A sample design is a definite plan
determined before any data are
actually collected for obtaining a
sample from a given population
• With probability samples each Sampling Method
Cluster
Multistage
Simple Random
• This type of sampling is also known as
chance sampling or probability sampling
where each and every item in the
population has an equal chance of
inclusion in the sample and each one of
the possible samples, in case of finite
universe, has the same probability of
being selected.
• For example,
– if we have to select a sample of 300 Sampling Method
Cluster
Multistage
Systematic Sampling
• In some instances the most
practical way of sampling is to
select every 15th name on a list,
every 10th house on one side of
a street and so on. Sampling of
this type is known as systematic
sampling. An element of
randomness is usually Sampling Method
Stratified Judgmental
Cluster
Multistage
Stratified Sampling
• If the population from which a sample is to
be drawn does not constitute a
homogeneous group, then stratified
sampling technique is applied so as to
obtain a representative sample. In this
technique, the population is stratified into
a number of non overlapping
subpopulations or strata and sample
items are selected from each stratum. If
the items selected from each stratum is Sampling Method
Stratified Judgmental
Cluster
Multistage
Cluster Sampling
• Cluster sampling involves grouping the
population and then selecting the groups or
the clusters rather than individual elements
for inclusion in the sample. Suppose some
departmental store wishes to sample its
credit card holders. It has issued its cards to
15,000 customers. The sample size is to be
kept say 450. For cluster sampling this list of
15,000 card holders could be formed into
100 clusters of 150 card holders each. Three
clusters might then be selected for the Sampling Method
sample randomly. The sample size must
Probability Sampling Non-Probability Sampling
often be larger than the simple random
sample to ensure the same level of accuracy Simple Random Convenience
because is cluster sampling procedural
potential for order bias and other sources of Systematic Sampling Quota
error is usually accentuated.
Stratified Judgmental
Cluster
Multistage
Multistage Sampling
• This is a further development of the
idea of cluster sampling. This
technique is meant for big inquiries
extending to a considerably large
geographical area like an entire
country. Under multi-stage
sampling the first stage may be to
select large primary sampling units
such as states, then districts, then Sampling Method
Multistage
Convenience Sampling
• Deliberate sampling is also known as purposive
or non-probability sampling. This sampling
method involves purposive or deliberate
selection of particular units of the universe for
constituting a sample which represents the
universe. When population elements are
selected for inclusion in the sample based on
the ease of access, it can be called convenience
sampling. If a researcher wishes to secure data
from, say, gasoline buyers, he may select a fixed
number of petrol stations and may conduct Sampling Method
interviews at these stations. This would be an
Probability Sampling Non-Probability Sampling
example of convenience sample of gasoline
buyers. At times such a procedure may give Simple Random Convenience
very biased results particularly when the
population is not homogeneous. Systematic Sampling Quota
Stratified Judgmental
Cluster
Multistage
Quota sampling
• In stratified sampling the cost of taking
random samples from individual strata is
often so expensive that interviewers are
simply given quota to be filled from
different strata, the actual selection of
items for sample being left to the
interviewer’s judgment. This is called
quota sampling.
• The size of the quota for each stratum is
generally proportionate to the size of that Sampling Method
Cluster
Multistage
Judgemental Sampling
• In judgmental sampling the
researcher’s judgement is used for
selecting items which he considers
as representative of the
population.
• For example,
– a judgement sample of college
students might be taken to secure
reactions to a new method of Sampling Method
Cluster
Multistage
6.Collecting Data
1.Formulating the Research Problem
9.Hypothesis Testing
• establishment of categories,
5.Determining Sample Design
6.Collection of Data
• Various tests, such as Chi square test, t-test, F-test, have 6.Collection of Data
been developed by statisticians for the purpose.
• The hypotheses may be tested through the use of one or 7. Execution of the Project
more of such tests, depending upon the nature and 8.Analysis of Data
object of research inquiry. Hypothesis-testing will result
9.Hypothesis Testing
in either accepting the hypothesis or in rejecting it.
• If the researcher had no hypotheses to start with, 10. Generalization and Interpretation of
Data
generalizations established on the basis of data may be 11. Preparation of the Report
stated as hypotheses to be tested by subsequent
researches in times to come.
10.Generalisations and interpretation:
• If a hypothesis is tested and upheld several
1.Formulating the Research Problem
interpretation may quite often trigger off 10. Generalization and Interpretation
of Data
new questions which in turn may lead to 11. Preparation of the Report
further researches.
11.Preparation of the report or the thesis:
• The layout of the report should be as follows:
1.Formulating the Research Problem
III. Foreword
4.Preparing Research Design
IV. table of contents
V. list of tables 5.Determining Sample Design
VI. List of graphs and charts
II. The main text, 6.Collection of Data
I. Introduction
7. Execution of the Project
II. Summary of findings
III. Main report
8.Analysis of Data
IV. Conclusion
III. and the end matter. 9.Hypothesis Testing
I. Appendices
10. Generalization and Interpretation of
II. Bibliography Data
III. Index
11. Preparation of the Report
Concept of Scientific Enquiry
• Formulation of Research Problem –
• Management Question
• Research Question
• Investigation Question
Concept of Scientific Enquiry
Formulation of Research Problem
I. Statement of the problem in a general way
II. Understanding the nature of the problem
III. Surveying the available literature
IV. Developing the ideas through discussions
V. Rephrasing the research problem
Concept of Scientific Enquiry
Formulation of Research Problem
the following points must also be observed while defining a research
problem:
a) Technical terms and words or phrases, with special meanings
used in the statement of the problem, should be clearly defined.
b) Basic assumptions or postulates (if any) relating to the research
problem should be clearly stated.
c) A straight forward statement of the value of the investigation
(i.e., the criteria for the selection of the problem) should be
provided.
d) The suitability of the time-period and the sources of data
available must also be considered by the researcher in defining
the problem.
e) The scope of the investigation or the limits within which the
problem is to be studied must be mentioned explicitly in defining
a research problem.
Concept of Scientific Enquiry
- Management Question
• The six steps to solving a management dilemma
at work involve
• identifying the dilemma in the workplace,
• asking a management question,
• asking an investigative question,
• asking a research question,
• asking a measurement question and receiving a
management decision.
Following these six steps demonstrates quality
management capabilities in the workplace.
Research Proposal
• Elements of a Research Proposal,
• Drafting a Research Proposal,
• evaluating a research proposal
Research Proposal
• The goal of a research proposal is to present
and justify the need to study a research
problem and to present the practical ways in
which the proposed study should be
conducted.
Research Proposal
Introduction
Literature Review
Conclusion
Citations
Research Proposal
• What is the central research Introduction
problem?
Background and
• What is the topic of study related Significance
to that problem? Literature Review
• What methods should be used to
Research Design and
analyze the research problem? Methods
• Why is this important research, Preliminary Suppositions
what is its significance, and why and Implications
should someone reading the Conclusion
proposal care about the outcomes
of the proposed study? Citations
Research Proposal
• Detailed explanation about the Introduction
purpose of the study
• Clearly indicate why it is worth Background and
Significance
doing
• Major issues or problems to be Literature Review
addressed by your research Research Design and
• How you plan to go about Methods
conducting your research Preliminary Suppositions
and Implications
• Set the boundaries of your
proposed research Conclusion
• Provide definitions of key
concepts or terms Citations
Research Proposal
• Cite Introduction
Conclusion
Citations
Research Proposal
• This section must be well- Introduction
Citations
Research Proposal
• Study should ask the following questions:
• What might the results mean in regards to the theoretical Introduction
framework that underpins the study?
• What suggestions for subsequent research could arise from Background and
the potential outcomes of the study?
• What will the results mean to practitioners in the natural Significance
settings of their workplace?
• Will the results influence programs, methods, and/or forms of Literature Review
intervention?
• How might the results contribute to the solution of social,
economic, or other types of problems? Research Design and
• Will the results influence policy decisions? Methods
• In what way do individuals or groups benefit should your
study be pursued? Preliminary Suppositions
• What will be improved or changed as a result of the proposed and Implications
research?
• How will the results of the study be implemented, and what Conclusion
innovations will come about?
Citations
Research Proposal
• The conclusion reiterates the Introduction
Conclusion
Citations
Research Proposal
• References -- lists only the Introduction