Methods in Research I Pa II
Methods in Research I Pa II
Methods in Research I Pa II
The analysis is based on logical reasoning and involves both inductive and deductive methods.
Real-time data and knowledge is derived from actual observations in natural settings.
There is an in-depth analysis of all data collected so that there are no anomalies associated with it.
It creates a path for generating new questions. Existing data helps create more research opportunities.
It is analytical and uses all the available data so that there is no ambiguity in inference.
Accuracy is one of the most critical aspects of research. The information must be accurate and correct.
CLASSIFICATION OF RESEARCH
1) Qualitative research is a method that collects data using conversational methods, usually open-ended questions. The
responses collected are essentially non-numerical. This method helps a researcher understand what participants think and why
they think in a particular way.
2) Quantitative methods deal with numbers and measurable forms. It uses a systematic way of investigating events or data. It
answers questions to justify relationships with measurable variables to either explain, predict, or control a phenomenon
TYPES OF QUANTITATIVE METHODS INCLUDE:
Survey research
Correlational research
Descriptive research
Note: Remember, research is only valuable and useful when it is valid, accurate, and reliable. Incorrect results can lead to customer
churn and a decrease in sales.
MAIN PURPOSE OF RESEARCH
EXPLORATORY:
As the name suggests, researchers conduct exploratory studies to explore a group of questions. The answers and
analytics may not offer a conclusion to the perceived problem. It is undertaken to handle new problem areas that haven’t been
explored before. This exploratory process lays the foundation for more conclusive data collection and analysis.
DESCRIPTIVE:
It focuses on expanding knowledge on current issues through a process of data collection. Descriptive research
describes the behavior of a sample population. Only one variable is required to conduct the study. The three primary purposes of
descriptive studies are describing, explaining, and validating the findings. For example, a study conducted to know if top-level
management leaders in the 21st century possess the moral right to receive a considerable sum of money from the company
profit.
EXPLANATORY:
Causal or explanatory research is conducted to understand the impact of specific changes in existing standard
procedures. Running experiments is the most popular form. For example, a study that is conducted to understand the effect of
rebranding on customer loyalty.
HERE IS A COMPARATIVE ANALYSIS FOR BETTER UNDERSTANDING:
Research begins by asking the right questions and choosing an appropriate method to investigate the problem. After
collecting answers to your questions, you can analyze the findings or observations to draw reasonable conclusions. When it comes
to customers and market studies, the more thorough your questions, the better the analysis. You get essential insights into brand
perception and product needs by thoroughly collecting customer data through surveys and questionnaires. You can use this data to
make smart decisions about your marketing strategies to position your business effectively. To be able to make sense of your
research and get insights faster, it helps to use a research repository as a single source of truth in your organization and to manage
your research data in one centralized repository
Important Facts about the Data:
Valid – founded, logical, rigorous, and impartial.
Reliable – other people who investigate in the same way can produce similar
results.
Complete – includes all the data you need to support your business decisions.
Gather research insights
8 TIPS IN CONDUCTING A RESEARCH
Identify the main trends and issues, opportunities, and problems you observe.
Write a sentence describing each one.
Keep track of the frequency with which each of the main findings appears.
Make a list of your findings from the most common to the least common.
Evaluate a list of the strengths, weaknesses, opportunities, and threats that have
been identified
in a SWOT analysis.
Prepare conclusions and recommendations about your study.
Act on your strategies
Look for gaps in the information, and consider doing additional
inquiry if necessary. Plan to review the results and consider
efficient methods to analyze and dissect results for
interpretation.
Review your goals before making any conclusions about your
research. Keep in mind how the process you have completed and
the data you have gathered help answer your questions. Ask
yourself if what your analysis revealed facilitates the identification
of your conclusions and recommendations.
CHARACTERISTIC OF RESEARCH PROBLEM
SPECIFIC – the problem should be specifically stated.
REALISTIC – Real result are attained because they are gathered scientifically
and not manipulated or maneuvered.
TIME - BOUND – Time frame is required in every activity because the shorter
completion of the activity,the better.
SOURCES OF RESEARCH PROBLEM
There are several sources of research problem that a researcher can investigate.
Interesting
Innovative
Cost-effective
Relevant to the needs and problems of the
people
RESEARCH OBJECTIVES