Business Research: Session 3
Business Research: Session 3
Business Research: Session 3
Session 3
Variables
• Independent Variable
• Dependent Variable
• Control Variable
Research Process
Data
Results and Data Collection
Data analysis preparation
Conclusion
Research Design
Definitions of research design
• Efficient
• Adequate
• Effective
• Minimum error and maximum benefit
• Be able to serve the purpose
• Minimize the scope of biases and errors
Classification of Designs
• Early in any research study, one faces the task of selecting the specific
design to use.
• A number of different design dimensions exist, but, unfortunately, no
simple classification system defines all the variations that must be
considered
Designs vary by
• Type of Research
• The degree to which the research question has been crystallized
• The method of data collection
• The power of the researcher to produce effects in the variables under
study
• The time dimension
• Scope of study
• The research environment
• The participants’ perceptions of research activity
Type of Research
• I) Exploratory Research
• II) Descriptive Research
• III) Causal Research
I) Exploratory Research Design
• Pre-determined questions
• Unstructured
• One-to-one (Individual basis)
• No group pressure
• Good in case of Social norms, sensitive topics, confidential
information
• Deep insights, more privacy , much easier to schedule
• Interviewer has to be very knowledgeable about the topic
Analysis of Secondary data
• Economical
• Quick source of information
• Secondary data- data collected for some other research problem
• Suitability of database-
• Content of data
• Purpose of study
• Time
• Reliability
• Accuracy
• Data Sources can be Internal or External
II) Descriptive Research Design
• Statistical studies are designed for breadth rather than depth. They
attempt to capture a population’s characteristics by making
inferences from a sample’s characteristics
• Hypotheses are tested quantitatively. Generalizations about findings
are presented based on the representativeness of the sample and the
validity of the design
Scope of Study
• P&G recently moved its IAMS pet food division from Vandalia (OH) to
Mason (OH). The move affected 240 workers, who were offered
positions to join the 2,000 workers already occupying the pet food
division headquarters in Mason.
• A company statement indicated, “We’re doing this to increase
productivity, collaboration, and access to P&G’s resources/expertise.”
• P&G also told employees that it was beginning a separate, multi-
month study on how to increase collaboration and efficiencies with
the 250 employees still working in its pet food research and
development complex located in Lewisburg (OH).
• What research might be included in the multimonth study to
determine the future of the Lewisburg R&D facility and its
employees?
Sampling
• Sampling error: error in the findings deriving from research due to the
difference between a sample and the population from which it is selected.
This may occur even though a probability sample has been employed
• Non-probability error: error in the findings deriving from research due to the
differences between the population and the sample that arise either from
deficiencies in the sampling frame or non-response or from such problems as
poor question wording, poor interviewing or flawed processing data.
• Non-response: a source of non-sampling error that is particularly likely to
happen when individuals are being sampled. It occurs whenever some
members of the sample refuse to cooperate, cannot be contacted, or for
some reason cannot supply the required data (for example, because of
mental incapacity).
• Census: the enumeration of entire population. Thus, if data are collected in
relation to all units in a population, rather than in relation to a sample of units
of that population, the data are treated as census data.