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Dmba301 Unit 01
Dmba301 Unit 01
DMBA301
RESEARCH METHODOLOGY
Unit 1
Introduction to Research
Table of Contents
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1 Introduction - -
1. INTRODUCTION
Research is a very common word that means ‘search for knowledge’. It is used for the process
of refining facts, logic, and truth behind a phenomenon. It is defined as ‘a systematic collectionof
data and information, and their analyses for the advancement of knowledge in any subject’.
Another definition says: ‘Research is a process of systematic inquiry that entails collection of
data, documentation of critical information – and analysis and interpretation of that data/
information – following suitable methodologies set by specific professional fields and
academic disciplines.”… [1]
Yet another definition provides the purpose of research: ‘Research is conducted to evaluate
the validity of a hypothesis or an interpretive framework, to assemble a body of substantive
knowledge and findings for properly sharing them, and to generate questions for further
inquiries.”… [1] STUDY NOTE
‘Research is a systematic and scientific way of answering the question, describing the
phenomenon, and testing the hypothesis. It is also defined as careful consideration of study
regarding a particular concern or problem, using scientific methods.
According to the American sociologist Earl Robert Babbie, Research is a systematic inquiry
to describe, explain, predict, and control the observed phenomenon. It involves inductive
anddeductive methods.”… [2]
So we can say that research is a systematic approach to find the solution to a problem.
• Research is a scientific and systematic search for suitable and desirable knowledge. It
gathers information on a specific topic. Generally, research has to follow certain
systematic and structural processes.
• Research is an art of scientific investigation. It is also a systematic design, collection,
analysis, reporting and finding solutions to any problem.
For identifying a problem and finding a solution: It means that you have to understand the
problem in depth.
For example, in the current period, if you want to know, why has the demand for automobiles
fallen? Why did the business fluctuation happen over the last two years? Is COVID-19 responsible
for that?
By identifying the problem you can easily collect data of these two years, along with the data
of previous ten years. It is easy to compare it through statistical measures. You can easily
determine whether COVID-19 has affected the automobiles sales or not. Whether this pan-
demic has led the economy into a recession over these two years or not?
For making future decisions: Research helps in making future decisions. For example, let’s
assume the researcher concluded that COVID-19 has caused business fluctuation in the last
two years. Therefore, he advises the business management not to spend more money on
advertising because advertisements will have little impact on sales and revenue due to the
pandemic.
For developing new concepts and new ways of problem solving: Research helps find new
strategies to tackle problems. For example, researchers conclude that it is worthless to spend
money on campaigns and advertisements. They conclude that it is better to utilize these funds
on giving discounts on the product instead. Cash discount will attract more customers. They
also recommend promotion of the product online.
2. TYPES OF RESEARCH
In India, often a researcher is not aware of which type of research he or she is into. You should
know what type of research you are working on. For the type of research chosen for the
experiment will determine what methodology is required to conduct it.
If you do not identify the correct type of research for the project you are working on, you run
the risk of losing track.
Different types of research are performed using different types of methodologies. Each type
of research has different techniques, tools, and ways of finding solutions.
We need to classify the research for our convenience. It may be according to:
1. The purpose of research
2. The uses of research
3. Handling of time during the research
4. Techniques used in research
There can be various classifications of types of research. People often get confused by the
various classifications of research types. Consider this example. Let’s say we want to divide
the complete population of India based on gender. How will we do this? What will be the
categories? The categories will be male, female, and transgender.
Now say, we are classifying the entire population of India based on states like Bihar, Bengal,
Gujarat. We will see that same population of India comprising male, female and transgender,
are now categorized as a Bihari, Bengali, Gujarati, Marathi etc. The earlier categorization was
male, female and transgender, but now the same population has been categorized based on
the state where they live. The same female can be a Punjabi, or Bengali, or Marathi.
So the different classifications put the same thing into different categories. We should not be
rigid about classifications, since one classification can fall into other categories. We will seethat
research could fall into more than one category.
TYPES OF RESEARCH
BASED ON NATURE OF
TYPES OF RESEARCH TYPES OF RESEARCH TYPES OF RESEARCH
ADDITION TO THE
BASED ON NATURE OF BASED ON BASED ON THE
KNOWLEDGE.
DATA. APPLICATION. OBJECTIVES.
TYPES OF RESEARCH
BASED ON FINDINGS,
TYPES OF RESEARCH TYPES OF RESEARCH TYPES OF RESEARCH
EVALUATIONS AND
BASED ON NATURE OF BASED ON TIME BASED ON MIXED-
OBJECTIVES
STUDY DURATION METHOD STRATAGY
TYPES OF RESEARCH
BASED ON
TYPES OF RESEARCH TYPES OF RESEARCH
EXPERIMENTAL
BASED ON SETTING OR BASED ON
MANIPULATION
ENVIRONMENT REFERENCES
RESEARCH BASED ON
NATURE OF ADDITION
TO THE KNOWLEDGE
Conceptual Research: Conceptual research focuses on the concept or theory that explains
and describes the phenomenon being studied. In this research, the researcher tries to search
for the concept behind the phenomenon.
For example: What causes a disease? What is the law behind the formation of electricity?
Applied Research: Applied research is a type that aims to find a solution for an immediate
problem facing the society. Applied research is sometimes considered to be a non-systematic
inquiry because of its direct approach to seeking a solution to a problem. It is typically an
application and further investigation of the findings, of pure or basic research, to validate
these findings and apply them to create innovative solutions for society at large.
There are three types of applied research: Evaluation Research, Research and Development,
and Action Research
APPLIED
RESEARCH
Evaluation research: Evaluation research is a type of applied research that analyses existing
facts about the research subject. It studies research outcomes. And helps make an informed
decision. These types of applied research are mostly applied in a business context.
For example, a company may adopt evaluation research to determine how to decrease the
operating expenses of a company.
Research and Development: Research and development is a type of applied research that
is focused on developing new products and services based on the needs and requirements of
consumers according to the market. It focuses on gathering information about the existing
marketing needs, medical needs, and other needs. It is conducted for creating a new product
or to upgrade the existing products as required.
For example, research and development are being conducted in the field of agriculture, medical
science, biotechnology, etc.
Action Research: Action research is a type of applied research that focuses on providing
practical solutions to specific business problems by pointing the business process in the right
direction. Typically, action research is a process of inquiry that is limited to specific contexts
and situations.
RESEARCH BASED
ON NATURE OF
DATA
QUANTITATIVE QUALITATIVE
RESEARCH RESEARCH
There are four main types of quantitative research: Descriptive, Correlational, Causal-
Comparative/Quasi-Experimental and Experimental research.
QUANTITATIVE
RESEARCH
CAUSAL-
DESCRIPTIVE EXPERIMENTAL
If the price of a product increases, its sales will decrease. This is an example of a negative
correlation.
An experienced researcher is required for this. Qualitative research is - dealing with the
phenomena that are difficult to quantify and impossible to express mathematically, such as
beliefs, meanings, attributes, etc.
The Quality researcher aims to gather in-depth information and understanding of human
behavior and the reasons that govern such behavior.
The six types of qualitative research are the phenomenological model, the ethnographic
model, grounded theory, case study, historical model, and the narrative model.
RESEARCH
BASED ON
APPLICATION
PURE APPLIED
RESEARCH RESEARCH
Pure Research: Pure research is also called basic or fundamental research. It focuses on
understanding basic properties and processes. It is a type of scientific research, which uses
scientific theories for better understanding and prediction of natural and other phenomena.
Applied Research: It is a research that aims to find a solution for an immediate problem facing
the society.
TYPES OF
RESEARCH BASED
ON OBJECTIVES
RESEARCH
BASED ON
NATURE OF
STUDY
DESCRIPTIVE ANALYTICAL
RESEARCH RESEARCH
RESEARCH BASED
ON FINDINGS,
EVALUATIONS
AND OBJECTIVES.
RESEARCH BASED
ON TIME
DURATIONS
psychology, and sociology mainly. This type of 1. Panel study- It involves using samples of
research can take place over weeks, months, is conducted at specified intervals
or even years. It can also last for decades. over a time period.
2. Cohort study- This sample a cohort (a
group of people who typically experience
Cross-Sectional research: In this type of the same event at a given point in time).
Medical researchers conduct cohort studies.
research, a researcher collects data from many
3. Retrospective study – This uses older
different individuals at a single point in time. data, collected during previously
conducted research with similar
methodology and variables.
RESEARCH BASED
ON METHODS OF
MIXED STRATEGIES
Sequential Research: Sequential research designs include elements of both longitudinal and
cross-sectional research designs.
Concurrent Research: Here, both qualitative and quantitative data are collected at the same
time.
Transformative Research: This is a combination of basic and applied research. It involves
ideas, discoveries, or tools that radically change our understanding in the field of science,
engineering, or education.
RESEARCH BASED
ON EXPERIMENTAL
MANIPULATIONS
QUASI-
NON-
EXPERIMENTAL SIMULATION
EXPERIMENTAL
RESEARCH EXPERIMENTAL
RESEARCH RESEARCH RESEARCH
RESEARCH BASED ON
SETTING OR
ENVIRONMENT
RESEARCH
Field Research: This is defined as a qualitative method of data collection that aims to observe,
interact with and study people who are in a natural environment. It is the collection of raw
data outside a laboratory, library, or workplace setting.
This research method issued in various disciplines. For example, biologists who conduct field
research may simply observe animals interacting with their environments. Whereas social
scientists conducting field research may interview or observe people in their natural
environment to learn their languages and social culture.
RESEARCH
BASED ON
REFERENCES
Self-Assessment Questions – 1
3. EXPLORATORY RESEARCH
Exploratory research is defined as that which is used to investigate a problem that is not
clearly defined. This type of research is conducted to understand the current and existing
problems. A researcher starts with a general idea and uses the research method to identify
the issue. This answers questions like, what, why, how, etc.
The researcher will examine these independent variables and analyze their effect on the
dependent variables, which is the sales of the product.
There are two ways in which a researcher conducts exploratory research – namely, Primary
and Secondary. Under these two types, multiple methods can be used by a researcher. It can
be either qualitative or quantitative in nature.
I. Primary Research Method: Here, information is gathered directly from the subject. It
can be through a group of people or even an individual. Such research can be carried
out directly by the researcher himself or a third party can be employed to conduct it on
their behalf. Primary research is specifically carried out to explore a certain problem
that requires an in-depth study.
II. Secondary Research Method: This is the process of gathering information from
previously published primary research. Here, a researcher gathers information from
sources like case studies, magazines, newspapers, books, etc.
Self-Assessment Questions – 2
4. CONCLUSIVE RESEARCH
Conclusive research is used to find the information required in reaching a conclusion and in
decision making.
Conclusive research is applied to generate findings that are practically useful in reaching
conclusions or in decision-making… [7]
In this type of study, research objectives and data requirements need to be clearly defined.
Conclusive research provides a way to verify and quantify the findings of exploratory
research…. [8]
Conclusive research design normally involves the application of quantitative methods of data
collection and data analysis. It involves statistical tests, advanced analytical techniques, and
larger sample sizes, as compared with exploratory studies.
Conclusive research is divided into two categories: Descriptive Research and Causal Research.
Descriptive research is used to describe some functions or characteristics of a phenomenon
and can be further divided into the following groups:
Case study, Cross-sectional study, longitudinal study, and Retrospective study. Causal research,
on the other hand, is used to research cause and affect relationships.
Two popular research methods used for conducting causal studies are experimental and
quasi-experimental studies.
Self-Assessment Questions – 3
DEFINING OR FORMULATING
THE RESEARCH DESIGN
EXTENSIVE LITERATURE
SURVEY
DEVELOPING THE
HYPOTHESIS
ANALYZING THE
DATA,(GENERALIZATION AND
INTERETATION OF FACTS AND
DATA
PREPARATION OF REPORT
AND PRESENTATION OF
RESULTS
Step 1: Defining and Formulating Research Problems: It is the first step for a research process.
In this step the researcher has to convert a management problem to a research problem.
While formulating the problem, a researcher has to consider the following things.
a) Determine the objective of the study.
b) Consider the various exogenous factors. (the external factors that influence the
research)
c) Understand the nature of the problem
d) State the alternative
A) Determine the Objective: Any research work starts with determining the objectives
of the research. It may be generic or specific.
If it is generic, it will be broad-based and will have a wide range. For example, to know
how effective a marketing campaign was.
If it is specific, then the researchers want to know the impact on the targeted customers
like upper and higher middle class.
Therefore, determining the objective is a very important part of problem formulation.
Now, let’s assume, that the marketing researcher (or the business researcher) concludes
that the marketing campaign was ineffective. He or she will then recommend the
management team to either increase the budget of the next campaign or use another
media agency.
B) Consider the Various Exogenous Factors: When a research begins, the researcher
should keep in the mind that some external factors may change the research result.
This should be factored in during the process.
C) Understand the Nature of the Problem: It is very important that to understand the
nature of the problem, the researcher collects the relevant data from those variables that
influence the research. For example, a researcher wants to know the effect of rainfall,
sunlight, and use of pesticides and manures on a particular crop, say barley, or rice.
Step 2: Conducting Extensive Literature Survey: After identifying the problem, the next
step is the literature survey. In this step, the researcher learns more about the topic. The
problem has to be investigated thoroughly. To do this, the researcher must review the
literature (newspaper, magazine, and other sources). This is a step carried out to understand
the research problem in depth. The aim is to find out the outcomes of the past research.
experimental, review) and also its sub-type Steps for collecting the data are:
• Interviews
The sample design provides the basic plan and method- • Questionnaires and surveys
• Observations
ology for selecting the sample. [10] • Documents and records
• Focus groups
• Oral histories
Step 6: Collecting the Data: Data collection is the process of gathering and measuring
information on variables of interest in a research process
There are different ways of collecting the data. It totally depends on which type of data is
being collected. There are two main types of data: primary data and secondarydata.
Step 7: Analyzing the Data: Finally, the researcher has to analyze the data so that the
research questions can be answered. This process includes interpretation of data. The
researcher analyses the data according to the research design and finally tests the
hypothesis.
Step 8: Preparing Report and Presenting Results: The research work cannot be
completedif the final reports of the results are not prepared systematically.
The hypothesis and findings of the study, howsoever brilliant and original, are of little
importance unless they are communicated well to others. This is the last and final step of a
research process.
Self-Assessment Questions – 4
Business Management: Management teams have to make proper planning as per the market
situation. Research plays an important role in identifying the factors responsible for business
expansion. It plays an important role to identify the barriers that can hamper growth and the
required strategies.
Marketing: There are many applications of research in the field of marketing. They are,
marketing research, product research, customer research, promotional research, surveys for
thedemand of a particular product, among others
Finance: There are many applications of research in the field of finance. These are financial crisis
management, portfolio management, decision making, investment analysis, break-even
analysis, ratio analysis, risk management, financial planning for the salaried employees, etc.
Research is critical for mutual fund investors, retail investors, hedge fund investors, and
others.
Human Resources: Research plays an important role in the training and development of
human resources. Recruitment process, human resource planning, performance appraisal
system are all based on extensive research. before execution.
Self-Assessment Questions – 5
12. Research helps to apply a new technology in the production method. (True/False)
13. Research helps management teams to make proper planning after seeing the
market situation. (True/False)
14. The application of research in the field of marketing are, research,
a. research, research, and research, etc.
15. Research helps a production manager plan the production procedure
_______and .
3. It should be logical. There should be logic behind the research. For example, research
cannot be conducted to establish a relation between the shoe size of a person to his IQ
(Intelligent Quotient)! This type of research is illogical.
8. It should be free from prejudice. (Prejudice means a strong inclination of the mind ora
preconceived opinion about something or someone.)
9. It should be free from subjectivity. (Subjectivity means the quality of being based onor
influenced by personal feelings, tastes, or opinions.)
10. It should find the ultimate solutions to the problem. If research doesn’t find the solutions
to problems, then it is worthless.
13. It should be recorded carefully. All data, activity and experiences of conducting the
research should be recorded and reported properly.
Self-Assessment Questions – 6
8. SUMMARY
• Research is the process which attempts to find answers to intellectual, logical and
practical questions, through a systematic, well-defined and a scientific method.
• Research involves investigation and experimentation about the event and phenomenon.
The main aim of research is the discovery of facts and the interpretation of facts.It leads
to discovery of new theories, revision of some accepted theories, a paradox of some
accepted theories, and exception to some accepted theories. And the applicationof these
theories based on previous research.
9. GLOSSARY
Analyzing the data: This process includes interpretation of data.
Cohort study: This study samples a cohort (a group of people which typically experiences the
same event at a given point in time). Medical researchers conduct cohort studies.
Extensive Literature survey: In this step, the researcher learns more about the topic. He or
she investigates the problem in depth. To do this, the researcher must review the related
literature (newspaper, magazine, and other sources).
Focus groups: This is a popular research technique, used to collect data from a small group
of people, usually restricted to six to ten.
Panel study: It involves samples of people from a more significant population and it is con-
ducted at specified intervals over a time period.
Retrospective study: This study uses previous data, collected during previously conducted
research with similar methodology and variables.
10.1 Answers
1. Cross-sectional
2. Basic, Fundamental
3. Exploratory research
4. Closed ended
5. True
6. Descriptive, Causal
7. Conclusive
8. True
9. True
10. Final
11. Null Hypothesis, Alternative hypothesis
12. True
13. True
14. Marketing, product, customer, promotional
15. Efficiently, cheaply
16. True
17. False
18. True
19. Professional
20. Recorded, Reported
Answer 2: Trial research, Clinical research and Diagnostic Research refers to the same things
or research. In diagnostic research, the researcher evaluates the underlying cause of a specific
incident or phenomenon. This method is very useful to learn more about the factors that
create problematic situations.
The six types of qualitative research are the phenomenological model, the ethnographic
model, grounded theory, case study, historical model, and the narrative model.
• Research Methodology Concepts and Cases, Deepak Chawla, Neena Sondhi, Vikas
Publishing House
• Business Research Methods, Cooper, Schindler, JK Sharma, Tata McGraw Hill
REFERENCES
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• [2]…What is Research- Definition, Types, Methods & Examples. QuestionPro. (2021).
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search/#:~:text=According%20to%20the%20American%20sociologist,involves%20
inductive%20and%20deductive%20methods.%E2%80%9D.
• [3]…Research and experimental development (R&D) | UNESCO UIS. Uis.unesco.org.
(2021). Retrieved 24 March 2021, from http://uis.unesco.org/en/glossary-term/
research-and-experimental-development-rd.
• [4]…CHAPTER THREE AQMAR AND SARAH DUO.docx - CHAPTER THREE RESEARCH
METHODOLOGY 3.1 INTRODUCTION On this topic we will discuss the methodology
on how to | Course Hero. Coursehero.com. (2021). Retrieved 24 March 2021, from
https://www.coursehero.com/file/81108432/CHAPTER-THREE-AQMAR-AND-SAR-
AH-DUOdocx/.
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https://en.wikipedia.org/wiki/Field_research.
• [6] Social: Field research - HandWiki. Handwiki.org. (2021). Retrieved 24 March 2021,
from https://handwiki.org/wiki/Social:Field_research.
• [7] Week 2 DQ 2 Business Research.docx - Investigation into a problem or situation which
provides insights to the researcher The research is meant to | Course Hero. Courseh-
ero.com. (2021). Retrieved 24 March 2021, from https://www.coursehero.com/
• file/53381062/Week-2-DQ-2-Business-Researchdocx/.
• [8] Conclusive Research - Research-Methodology. Research-Methodology. (2021).
Retrieved 24 March 2021, from https://research-methodology.net/research-method-
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https://www.academia.edu/6482199/Research_Design.
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in-marketing-research.