Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

Definition of Research

We can now define business research as an organized, systematic, data-based, critical, objective, scientific
inquiry or investigation into a specific problem, undertaken with the purpose of finding answers or solutions to
it. In essence, research provides the needed information that guides managers to make informed decisions to
successfully deal with problems. The information pro- vided could be the result of a careful analysis of data
gathered firsthand or of data that are already available (in the company, industry, archives, etc.). Data can be
quantitative (as generally gathered through structured questions) or qualitative (as generated from the broad
answers to specific questions in inter- views, or from responses to open-ended questions in a questionnaire, or
through observation, or from already available information gathered from var- ious sources).

In sum, being knowledgeable about research and research methods helps pro- fessional managers to:
1. Identify and effectively solve minor problems in the work setting.
2. Know how to discriminate good from bad research.
3. Appreciate and be constantly aware of the multiple influences and multiple effects of factors impinging on a situation.
4. Take calculated risks in decision making, knowing full well the probabilities associated with the different possible
outcomes.
5. Prevent possible vested interests from exercising their influence in a situation.
6. Relate to hired researchers and consultants more effectively.
7. Combine experience with scientific knowledge while making decisions.

THE HALLMARKS OF SCIENTIFIC RESEARCH


The hallmarks or main distinguishing characteristics of scientific research may be listed as follows:
1. Purposiveness
2. Rigor
3. Testability
4. Replicability
5. Precision and Confidence
6. Objectivity
7. Generalizability
8. Parsimony

Purposiveness
The manager has started the research with a definite aim or purpose. The focus is on increasing the commitment of
employees to the organization, as this will be beneficial in many ways. An increase in employee commitment will
translate into less turnover, less absenteeism, and probably increased performance levels, all of which would definitely
benefit the organization. The research thus has a purposive focus.
Rigor
A good theoretical base and a sound methodological design would add rigor to a purposive study. Rigor connotes
carefulness, scrupulousness, and the degreeof exactitude in research investigations.

You might also like