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Exploratory Reseach Design - Mavericks
Exploratory Reseach Design - Mavericks
EXPLORATORY RESEARCH
The discovery of ideas and insights. Exploratory research usually results when someone says, "We're not meeting our objectives. What's wrong?" Exploratory research will be used to find the most likely explanations regarding some observed problem. Exploratory research is most commonly unstructured, informal research that is undertaken to gain background information about the general nature of the research problem.
WHERE IT IS USED?
1. Formulate a problem or define a problem more precisely 2. Identify alternative courses of action 3. Develop hypotheses 4. Isolate key variables and relationships for further examination 5. Gain insights for developing an approach to the problem 6. Establish priorities for further research
Pilot surveys
Surveys of experts
Qualitative research
Focus Groups
Methods used for exploratory research: Secondary data analysis In-depth Interviews Small-scale pilot surveys
MICROSOFT (CONTD.)
Conclusion (Idea): Microsoft discovered insights about a market that had virtually been ignored. Focus should be on selling business solutions not just selling technology to small business markets Steps Taken: Additional descriptive research (Customer Surveys)