1Research Methodology - 1

Embed Size (px)

Citation preview

  • 7/31/2019 1Research Methodology - 1

    1/45

  • 7/31/2019 1Research Methodology - 1

    2/45

    first ...

    Lets look at

    SOMETHING which

    we see and understand

    around

  • 7/31/2019 1Research Methodology - 1

    3/45

    Net Poll

    Yesterdays QuestionShould airlines have the right to sackoverweight air hostesses?

    Todays Question

    Yes - 29.29%

    Cant Say - 2.14%

    Is this way through

    which we acquire

    truth?

  • 7/31/2019 1Research Methodology - 1

    4/45

    Is this the way

    through which

    we acquiretruth..???

    after liberalisation, the GNP

    is distributed in the favour of

    those who have higher propensity to

    import and as a result, the

    production and the employment

    abroad have increased at the cost

    of domestic production and

    employment. This is also one of

    the important reason of recession

    in India

  • 7/31/2019 1Research Methodology - 1

    5/45

    All stars are stationary.The Sun is a star.

    The Sun is stationary.

    Is this way throughwhich we acquire

    truth?

  • 7/31/2019 1Research Methodology - 1

    6/45

    20% of the sampled worker

    are in the favour of the new

    pension scheme.

    A worker selected willfavour new pension scheme

    with probability of 20%.

    Is this way through which

    we acquire truth?

  • 7/31/2019 1Research Methodology - 1

    7/45

    Are all these

    representing

    truth???Are these waysthrough which we

    acquire truth?

  • 7/31/2019 1Research Methodology - 1

    8/45

    HOW DO WE KNOW WHAT ISTRUTH???

    And, the process thatleads to truth(???) iscalled KNOWING!!!!

  • 7/31/2019 1Research Methodology - 1

    9/45

  • 7/31/2019 1Research Methodology - 1

    10/45

    Are The rows of black and white

    squares all parallel?

  • 7/31/2019 1Research Methodology - 1

    11/45

    What you see and feel may notbe a scientific truth!!!!

    A perfect CIRCLE

    may look like an

    imperfect one!!!!!!

  • 7/31/2019 1Research Methodology - 1

    12/45

    What you look may not be ascientific reality!!!!

    Do we have a fourth

    dimension!!!!!!

  • 7/31/2019 1Research Methodology - 1

    13/45

    Seeing may not

    be believing!!!!

  • 7/31/2019 1Research Methodology - 1

    14/45

    Seeing may not

    be believing!!!!

  • 7/31/2019 1Research Methodology - 1

    15/45

    Is this logic representing ascientific truth?

    All elephants are RED.

    Ramdas is an elephant.

    Therefore, Ramdas is RED.

    THINK!!!

  • 7/31/2019 1Research Methodology - 1

    16/45

    SCIENTIFIC FACTS ARE...

    o OBJECTIVE IN NATURE

    o VERIFIABLE & SUBJECT TO TESTING AND

    QUESTIONING

    o BASED UPON WELL ACCEPTED PRINCIPLES OF

    LOGIC

    o SELF - CORRECTING IN NATURE

  • 7/31/2019 1Research Methodology - 1

    17/45

    Something to think over

    The method for scientific investigation is

    nothing butthe expression of the necessary

    mode of working of the human mind. It is

    simply the mode at whichall phenomena are

    reasoned about, rendered precise and exact.

    We Are All Scientists by T.H. Huxley in Darwiniana (1863)

  • 7/31/2019 1Research Methodology - 1

    18/45

    Whats the most important underlying

    philosophy behind scientific knowledge?

    Keep the process of knowing authentic

    and scientific, the truth with be authentic

    and scientific!!!

  • 7/31/2019 1Research Methodology - 1

    19/45

    verywhere our knowledge is incomplete and problems are waiting to be solved.

    We address the void in our knowledge, and those unresolved problems,

    By asking relevant questions and seeking answers to them.

    The role of research is to provide a method for obtaining those answers

    By inquiringly studying the facts, within the parameters

    Of the scientific method.

  • 7/31/2019 1Research Methodology - 1

    20/45

    RE -SEARCHPurposeful investigation to solve organizational questions or

    problems, conducted in a systematic, objective & scientific way

    R- RECOGNITION OF NEEDS

    E- EFFECTIVE DECISION MAKING

    S- SYSTEMATIC &OBJECTIVEE- EXUDE OR DISSEMINATE DATA

    A- ANALYSIS OF INFORMATION

    R- RECOMMENDATION FOR ACTION

    C- COLLECTION OF INFORMATIONH- HELPFUL TO MANAGERS

  • 7/31/2019 1Research Methodology - 1

    21/45

    FEATURES OF A GOODRESEARCH

    EMPIRICAL

    VERIFIABLE

    RATIONAL

    CUMULATIVE

    SELF-CORRECTING

    ETHICAL

    NEUTRALITY

    STATISTICAL GENERALIZABILITY

  • 7/31/2019 1Research Methodology - 1

    22/45

  • 7/31/2019 1Research Methodology - 1

    23/45

    Problemdiscovery

    Problem definition(statement of

    research objectives)

    Secondary

    (historical)

    data

    Experience

    Survey/

    Pilot

    study

    Case

    study

    Selection of

    exploratory researchtechnique

    Selection of

    basic research

    design

    Experiment SurveyObservation

    Secondary

    Data StudyLaboratory Field Interview Questionnaire

    Selection of

    sampling technique

    Sampling

    Probability Nonprobability

    Collection of

    data

    (fieldwork)

    Editing and

    coding

    data

    Data

    processing

    Interpretation

    of

    findings

    Report

    Data

    Gathering

    Data

    Processing

    and

    Analysis

    Conclusions

    and Report

    Research Design

  • 7/31/2019 1Research Methodology - 1

    24/45

  • 7/31/2019 1Research Methodology - 1

    25/45

    .Albert Einstein

    The formulationof the problem is

    often more essential

    than its solution

  • 7/31/2019 1Research Methodology - 1

    26/45

    Statement ofResearch Objectives

    Problem Definition

    Defining Problem results in clear

    cut Research Objectives

    ExploratoryResearch(Optional)

    Analysis of

    the Situation

    Symptom Detection

  • 7/31/2019 1Research Methodology - 1

    27/45

    The Process of Problem

    DefinitionAscertain thedecision makers

    objectives

    Understandbackground of theproblem

    Isolate/identify theproblem, not thesymptoms

    Determine unit ofanalysis

    Determine relevantvariables

    State researchquestions andobjectives

  • 7/31/2019 1Research Methodology - 1

    28/45

    Management Problem

    Research Problem

    Allocate Advertisement budgetamong media

    Estimate awareness generatedby each media type

    Decide whether to open office onSaturday

    Evaluate use of services ondifferent days & determine ifcustomers can do so onSaturday

    Introduce a new health service Design a concept test throughwhich likely acceptance and usecan be assessed.

  • 7/31/2019 1Research Methodology - 1

    29/45

    Management Problem

    Research Problem

    Introduction of new product To determine customer preferencesand purchase intentions of the

    proposed new product

    Change in advertising campaign To determine effectiveness of thecurrent advertisting campaign

    Increase in product pricing To determine the price elasiticity ofdemand and the impact on salesand profits of various levels of pricechange

  • 7/31/2019 1Research Methodology - 1

    30/45

    Symptoms Can Be Confusing

    Problem DefinitionOrganization Symptoms Based on Symptoms True Problem

    Twenty-year-oldneighborhoodswimmingassociation in amajor city.

    Membership has beendeclining for years.

    New water park withwave pool and waterslides moved intotown a few years ago.

    Neighborhoodresidents prefer theexpensive waterpark and havenegative image ofswimming pool.

    Demographic changes:Children in this 20-year-old neighborhoodhave grown up. Olderresidents no longerswim anywhere.

  • 7/31/2019 1Research Methodology - 1

    31/45

    Management-research question hierarchy is an easy approach

    to identify the research problem from the management dilemma

    consisting of hierarchal steps, as follows-

  • 7/31/2019 1Research Methodology - 1

    32/45

    Management Dilemma- What are the symptoms that cause

    management concern?

    What environmental stimuli raise

    management interest?

    Declining sales

    Management Question- How can management eliminate the negative

    symptoms?

    How can management fully capitalize an

    opportunity?

    How can the sales be improved?

    Research Question(s)- What plausible courses of action are available

    to management to correct the problem or take

    advantage of the opportunity, and which should

    be considered?

    Should an incentive commission based scheme

    be introduced?

    Should the level of advertising be increased?

    Should the product formula be modified overdifferent regions?

    Investigative questions- What does manger need to know to choose the

    best alternative?

    What is the likelihood that current customer

    satisfaction will decrease?

    What is the likelihood that the salesperson will

    feel motivated by differential compensation

    scheme?

    Measurement questions- What should be asked or observed to obtain the

    manager needs?

    Ratings on level of concern on

    Lack of predictability of pay

    Increased internal compensation

    Measures on current image of product

    Management decision- What is the recommended course of action,

    given research findings?

  • 7/31/2019 1Research Methodology - 1

    33/45

    Using management-research question hierarchy, developthe same for a management dilemma you face atorganization or for a mega store which is experiencing

    declining repeat visits at its new superstore.

  • 7/31/2019 1Research Methodology - 1

    34/45

    Hypothesis

    An unproven proposition

    Suggests possible solution to a problem

    An assumption on which we base our research premises and test in

    the light of our findings A tentative explanation for an observation, phenomenon, or

    scientific problem that can be tested by further investigation

    Something taken to be true for the purpose of argument orinvestigation; an assumption

    A hypothesisbecomes a theorywhen there is consistency withobservations/predictions

    Manager X has high need for achievement.

    Managers of Company Y have high need for achievement.

    The government is generating awareness on child labour.

    Are women better managers ?

  • 7/31/2019 1Research Methodology - 1

    35/45

    STATISTICAL Hypothesis

    A hypothesis is a claim (assumption)about a population parameter: -

    population mean or

    population proportion

    Example: The mean monthly cell phone bill of this city is =

    $42

    Example: The proportion of adults in this city with cell phones

    is = 0.68

    N ll H h i H

  • 7/31/2019 1Research Methodology - 1

    36/45

    Null Hypothesis H0States the claim or assertion to be

    testedExample: The average number of TV sets in

    U.S. Homes is equal to three

    Is always about a population parameter,

    not about a sample statistic

    3:H0

    3:H0

    3X:H

    0

    N ll H th i H

  • 7/31/2019 1Research Methodology - 1

    37/45

    Null Hypothesis H0

    Begin with the assumption that thenull hypothesis is true

    Similar to the notion of innocent untilproven guilty

    Refers to the status quo

    Always contains = , or sign

    May or may not be rejected

  • 7/31/2019 1Research Methodology - 1

    38/45

    Alternative Hypothesis H1

    Is the opposite of the null hypothesis e.g., The average number of TV sets in U.S. homes is not equal

    to 3 ( H1: 3 )

    Challenges the status quo

    Never contains the = , or signMay or may not be proven

    Is generally the hypothesis that the researcher istrying to prove

  • 7/31/2019 1Research Methodology - 1

    39/45

    TYPES OF RESEARCH STUDY

    EXPLORATORY/FORMULATIVE STUDIES

    DESCRIPTIVE /DIAGNOSTIC STUDIES

    CAUSAL / HYPOTHESIS TESTING STUDIES

    EXPLORATORY STUDIES

  • 7/31/2019 1Research Methodology - 1

    40/45

    EXPLORATORY STUDIESFormulates problem for more precise

    investigation

    Defines objectives, identifies variables and formulateshypothesis to be studied.

    Helps in screening alternatives and discovering new ideas. Techniques generally employed to obtain insights and gain

    clearer idea of problem:- Secondary data analysis, Focus Group interview,

    Experience Survey, Case Study, Projective Techniques

  • 7/31/2019 1Research Methodology - 1

    41/45

    DESCRIPTIVE STUDIES

    Provides description of phenomenon or characteristicsassociated with subject population

    Determines frequency of occurrence of these traits estimates proportions of population having certain

    characteristics and discovers associations amongdifferent variables

    Techniques generally employed -SECONDARY DATA-examination of records, SURVEY questionnaires,interview, OBSERVATION STUDIES

  • 7/31/2019 1Research Methodology - 1

    42/45

    CAUSAL / HYPOTHESIS TESTINGSTUDIES

    Used for establishing functional relationship betweencause and effect variables and testing hypothesispertaining to these relationships.

    Basic research designs for causal research:-

    Experiments

  • 7/31/2019 1Research Methodology - 1

    43/45

    Other CLASSIFICATIONS

    QUANTITATIVE/QUALITATIVE

    LONGITUDINAL/CROSS-SECTIONAL

    EMPIRICAL/LITERATURE-BASED

  • 7/31/2019 1Research Methodology - 1

    44/45

  • 7/31/2019 1Research Methodology - 1

    45/45