Professional Documents
Culture Documents
RM-1 Scy
RM-1 Scy
RESEARCH METHODOLOGY
(MBA 621)
3/8/2024
dealing with social, economic, political and other
problems.
It covers design, methods of research, formulating
research problem, sourcing and collection of data.
This course provides students with applied skills in
understanding and conducting research in business.
The course examines and explores a range of methods
that align with theory building and testing.
The basic focus of this course is on the understanding of
how analytical and statistical techniques and thinking
can aid in managerial decision making.
Both qualitative and quantitative approaches are
examined
COURSE OBJECTIVES
3/8/2024
The general objectives of this course are to
introduce students to methods of research.
The specific objectives are:
To help students understand the principles of
research;
To ensure that students acquire some practical
research skills; and
To enable students to link the research process
with theories of their specialist areas.
COURSE CONTENTS
Chapter 1: Introduction to business Research
1.1 .Business research-meaning, objectives, significance
3/8/2024
1.2. Types of research and the research process
1.3. Characteristics of good research
1.4. Research and scientific method
1.5. Problems in research-meaning, selecting the problem,
techniques involved in defining a problem-hypothesis-meaning
Chapter 2. Research design, sampling design
2.1. Research design-meaning-need-features-different research
design and basic principles of experimental research design
2.2. Sampling design-meaning-steps in sampling design,
characteristics of good sample design, types of sample designs,
probability and non-probability sample design
Chapter 3. Scaling techniques and methods of Data
collection
3/8/2024
3.1. Scaling techniques-meaning, measurement, scale
classification bases, important scaling techniques and scale
construction techniques
3.2. Construction of research questionnaire-guidelines for
constructing questionnaire/schedule
3.3. Methods of data collection –types of sources of information-
collection of primary and secondary data and its different
types.
Chapter 4 processing and analysis of data
4.1. Processing of data-meaning-processing operations-some
problems in processing
4.2 Data analysis-meaning, types-quantitative and qualitative
analysis
Chapter 5 Testing hypothesis, chi-square test and
analysis of variance
3/8/2024
5.1. Testing of hypothesis-parametric and non-parametric tests
5.2. Chi-square tests- meaning, conditions and steps involved
for the application of chi-square tests
5.3. Analysis of variance and co-variance-basic principles-
techniques
5.4. Multivariate analysis techniques-characteristics and
applications-classifications of multivariate techniques and
important multivariate techniques
Chapter 6. Interpretation and Report writing
6.1. Interpretation-meaning-techniques-precautions in
interpretation.
6.2. Report writing-significance-different steps in writing-layout
of the research report-types of reports-mechanics and
precautions for writing research reports.
ASSESSMENT SCHEME
3/8/2024
Preparation of research proposal-------------------25
Article review---------------------------------------------25
Final examination---------------------------------------50
Total---------------------------------------------------------100%
TEXT BOOKS
3/8/2024
CR Kothari (2014). Research Methodology. 3rd ed.
New age international Publishers.
Zikmund, W. G., Babin, B. J., Carr, J. C. Griff, M.
(2010). Business Research Methods, Eighth Edition,
South-Western: USA.
Cooper, D., Schindler, P. & Sharma, J. (2014).
Business Research Methods. 12th ed. New Delhi:
McGraw Hill.
CHAPTER ONE
Introduction to business Research
What is business research? Why
1 conduct research? Why research is
This chapter is important?
mainly concerned What are the different types of
2 Research?
with giving
answers to the
following What is the scientific method in
3
research?
questions
What are the basic characteristics of
4
research?
3/8/2024
actually a voyage of discovery
Research is an attempt to search for truth.
Search for knowledge Re’ means again and again
It consists of two words: Re + Search
3/8/2024
and analyzing information to increase our
understanding of the phenomenon under study.
Research is a systematic attempt to obtain answers
to meaningful questions about phenomena or events
through the application of scientific procedures.
It is an objective, impartial, empirical and logical
analysis and recording of controlled observations
that may lead to the development of generalizations,
principles, theories, resulting in to some extent in
prediction and control of events that may
consequences or causes of specific phenomena.
What is business research?
3/8/2024
as the “systematic and objective
process of gathering, recording and of inquiry. Doubt is
analyzing data for aid in making often better than
business decisions” overconfidence, for it
leads to inquiry, and
Business Research is hence aimed inquiry leads to
at Improving the Quality of invention”
Decision-Making which, in turn,
benefits the organization and
helps ensure its continuity and Hudson Maxim
efficiency.
WHAT RESEARCH IS NOT?
3/8/2024
Goal of • Applied Logical • deductive
research flow
• Cross Sectional
• Primary
• Longitudinal
Time Type of • secondary
dimension data
BASED ON GOAL,…
Basic Research Applied Research
• Conducted solely for the • Designed to solve
sake of knowledge. practical problems of the
• Aimed at formulation of modern world.
theory or a contribution to • Aims at finding a
the existing knowledge. solution for an
• Primary objective: immediate problem.
advancement of knowledge • Deals with real life
and theoretical situations.
understanding of the • Purpose: testing theories,
relations among variables
often generated by pure
• Takes any of the following
science, and applying
forms: Discovery, Invention,
them to real situations.
& Reflection.
• Example 1: “Why have
• Eg. How does motivation
sales decreased during
affect employee
performance? the last quarter”?
BASED ON SPECIFIC OBJECTIVES, …
3/8/2024
Descriptive Explanatory Exploratory
Research Research research
• Establishing the •Conducted when there are
• Describing the state of few or no earlier studies
view as it exists. Fact cause and effect
•Provides insights into and
finding investigation relationship. understanding of an issue
• Reporting what has • Analyze & explain or situation for more
happened or what is why or how rigorous investigation later
happening something is •Purpose: to gain
• Eg, trends in the background information,
happening. better understand and
consumption of soft clarify a problem, develop
drink • The researcher uses
hypotheses.
• The methods: Surveys, theories or at least •Relies on secondary
Correlation studies, hypotheses. research or informal
Observation studies, • Example: Effect of discussions and more
Case studies. formal approaches (eg.
advertisement on interviews, FGD, case
sales studies, …
BASED ON APPROACH
Qualitative Quantitative
Studies that do not Systematic and scientific
attempt to quantify their investigation of quantitative
results through statistical properties and phenomena and
summary or analysis their relationships.
Conceptual Empirical
• Related to some • Relies on experience
abstract idea or or observation alone,
theory (for i.e., Data-based
philosophers and research
thinkers) • Capable of being
• Relies on literature verified by observation
or experiment.
• Experimenter has
control over variables
under study
ON THE BASIS OF THE ENVIRONMENT IN
WHICH RESEARCH IS CONDUCTED
Simulation research
Longitudinal research
Also called on-going research.
It is a research carried out over several time periods
On the bases of logical flow
3/8/2024
WHAT ARE THE CHARACTERISTICS OF GOOD RESEARCH?
3/8/2024
Generally Good Research is; Systematic, Controlled, Logical,
Empirical, & Replicable
WHAT IS THE SCIENTIFIC METHOD IN RESEARCH?
3/8/2024
SELECTING A RESEARCH TOPICS
There are five distinctive criteria that need to be considered while
we are selecting effective topics. These are:
Novelty – changing the conversation through knowledge
recombination with something new being created.
Add new vocabulary in the conversation in the form of new ideas or
constructs or new insights not articulated by prior voices.
Novel topics can often result from by building a bridge between two
literatures or disciplines.
Significance
Curiosity – catching and holding attention
3/8/2024
which you are really Does the topic fit the
fascinated?
specifications and meet the
Do you have the necessary
research skills to undertake standards set by the examining
the topic? institution?
Is the research topic Does your research topic
achievable within the contain issues that have a clear
available time? link to theory?
Will the project still be Will your proposed research be
current when you finish your
project? able to provide fresh insights into
Is it achievable within the
this topic?
available financial resources? Does the research topic match
Are you reasonably certain of your career goals?
being able to gain access to
data?
WHAT IS THE RESEARCH PROBLEMS?
Some difficulty which a researcher experiences in the context
of either a theoretical or practical situation and wants to obtain
a solution for. • A problem is a perceived difficulty, a feeling of
discomfort about the way things are or a
discrepancy between what some one believes should
be the situation and what the situation is in reality.
• Exists in the literature, theory, or practice that
A potential leads to a need for the study.
research
situation
arises
when three
?
conditions
exist A perceived A question exists At least two
discrepancy exists about why there possible &
between what is & is a discrepancy. plausible answers
what should be. exist to questions
WHAT IS THE RESEARCH PROBLEMS…
A research problem exists if at Implicit in the definition of a
least two elements are present research problem are;
• The current state differs
from the ideal state. • Problems are active or
• There is no an “acceptable” potential.
solution available. • Problems have an impact.
• No solution documented in • Problems do not have
the literature, or adequate solutions available.
• Mixed RP
results or
contradictions are reported.
defn.
Argument to the problem The RP should be evaluated
statement “should present; based on the following criteria
• How the research builds on • Is the problem researchable?
previous theory. • Is the problem new?
• Contributes to the development • Is the problem significant?
of new theory, and • Is the problem feasible?
• Describe the likely uses of • Researcher Competence, interest
& enthusiasm, financial & time
knowledge to be gained & requirement, & administrative
potential importance of its uses. consideration
DEFINING THE RESEARCH PROBLEM IS
CRUCIAL BECAUSE,
Its also important to state and
define the problem, because;
• The problem
identified will provide It is the foundation for
further development of the
us with the topic of research proposal
the designed research
Makes it easier to find
and the objective of information & reports from
the research. which your study can benefit.
• “A problem well Enables to point out why the
defined is a모바일 이미지
problem proposed research on the
problem should be
half solved” – Brande undertaken & what you hope
to achieve with the results.
3/8/2024
Visible Part = 10% 90% is below sea level.
Problem
Defining a problem – is
hard because only 10% of
it are visible at its prima
face …
3/8/2024
six blind people to
1st person: body
describe the entire
Conclusion: a wall
reality). 2nd person: tusk
Conclusion: a lance 6th person: tail
Conclusion: a rope
Conclusion
All are somehow 3rd person: trunk
right Conclusion: a snake
All are somehow 4th person: leg
wrong
Conclusion: a tree
Nobody was able
to describe the
entire reality
Photo: U. Wiesmann
RESEARCH OR KNOWLEDGE GAPS OR GAPS IN
LITERATURE
Conceptual Knowledge gaps
Determinants - determinants that were not addressed in the previous
research
Dimensions/Contents – unsearched/unaddressed dimensions about the
construct by the previous researchers
Implications/consequences – not touched by prior research works
Knowledge Gaps with respect to Methodology- if the
methodology used by the extant literature is different from the
one that you are going to deploy, you can articulate the
difference in the problem statement section as one possible
knowledge gap.
Knowledge Gaps with respect to Study Area –identified lack
of research in the case company.
Other gaps: Theoretical, practical, empirical, population, etc
A RESEARCH PROBLEM DOES EXIST IF THE
FOLLOWING CONDITIONS ARE MET WITH:
Professional Experience,
Contact and Discussion with People
Inference from theory,
Professional Literature
Technological and Social Changes
HOW RESEARCH PROBLEM IS SELECTED?
• What will happen if the problem • How will resolving the problem
advance understanding of the
is not solved?
topic?
• Who will feel the consequences?
• What benefits will it have for
• Does the problem have wider
future research?
relevance (e.g. are similar issues • Does the problem have direct or
found in other contexts)? indirect consequences for society?
Examples: Examples:
Low voter turnout has been shown to have negative In the literature on the gig economy, these new forms of
associations with social cohesion and civic engagement, employment are sometimes characterized as a flexible
and is becoming an area of increasing concern in many active choice and sometimes as an exploitative last resort.
European democracies. When specific groups of citizens To gain a fuller understanding of why young people
lack political representation, they are likely to become engage in the gig economy, in-depth qualitative research
more excluded over time, leading to an erosion of trust in is required. Focusing on workers’ experiences can help
democratic institutions. Addressing this problem will have develop more robust theories of flexibility and precarity in
practical benefits for region X and contribute to contemporary employment, as well as potentially
understanding of this widespread phenomenon.
informing future policy objectives .
Step 3: Set your aims and objectives
Problem statement should frame how you intend to address the
problem. Seeking out the reasons behind the problem and propose
more effective approaches to tackling or understanding it.
It is generally written in the Objectives are the concrete steps
infinitive form: you will take to achieve the aim:
Step 3 Step 4
Step 2
Select Raise questions
Dissect
Step 1
1. Trends in CSR and 1. what happens to CFP
Identify Impact of when CSR declines?
Profitability CSR on 2. what are the
2. Determinants of CSR CFP relationship between
CSR and practices CSR and CFP
(profitabi
Profitabilit 3. Relationship b/n CSR and lity) (profitability).
y Profitability
4. Impact of CSR on CFP
(Profitability
5. Impact of CFP on CSR
practices, etc Step 5
Formulate Objectives
Step 7 Main Objectives
- to explore the relationship between CSR
Double Check Step 6 and CFP
1. that you are really Make Sure specific objectives:
interested in the study
assess these objectives to find out the extent of the decline in
2. that you agree with profitability in relation to the decline in CSR.
in the light of :
the objectives 1. the work involved
to identify the relationship between CSR and
CFP.
3. that you have 2. the time available to
adequate resources you
4. that you have the 3. the financial resources
technical expertise to at your disposal
4. your technical
undertake the study
expertise in the area
The Most Frequent Mistakes When Forming A
Research Problem
Materials
Objective and surveyed Scholarly or
unbiased & popular -
reviewed prestige
should be;
The following points will lead to effective organization of the related literature:
A B
Develop an outline or Categorize the
topic headings on evidences of your
which discussions of a review in light of your
review of the related outline
literature follows.
C D
Use your research Start writing up in
questions/hypotheses coherent manner by
to help serve as a giving particular
framework to organize attention to
the review appropriate citation of
references
Most students' literature reviews suffer
from the following problems:
3/8/2024
Instructions
Form a group of five to eight students.
Only neat and complete answers will be credited.