BRM Unit 1 Introduction to Research 4th

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  • BUSINESS RESEARCH METHODS, 4TH SEMESTER BBA, BANGALORE CENTRAL UNIVERSITY
    Vinutha T.N, Assistant Professor, MES Institute of Management
    1
    UNIT 1: INTRODUCTION TO RESEARCH
    Meaning Objectives Types of Research Scope of Research Research Approaches
    Research Process Research Design Research Methods Vs Research Methodology - Steps
    in Research Problem Formulation Statement of Research Objective Exploratory
    Descriptive Experimental Research.
    MEANING OF RESEARCH
    Research may be very broadly defined as systematic gathering of data and information and its
    analysis for advancement of knowledge in any subject. Research attempts to find answer
    intellectual and practical questions through application of systematic methods. Some people
    consider research as a movement, a movement from the known to the unknown.
    According to Clifford Woody research comprises defining and redefining problems,
    formulating hypothesis or suggested solutions; collecting, organizing and evaluating data;
    making deductions and reaching conclusions; and at last carefully testing the conclusions to
    determine whether they fit the formulating hypothesis.
    Research is, thus, an original contribution to the existing stock of knowledge making for its
    advancement. It is the per suit of truth with the help of study, observation, comparison and
    experiment. In short, the search for knowledge through objective and systematic method of
    finding solution to a problem is research.
    OBJECTIVES OF RESEARCH
    The purpose of research is to discover answers to questions through the application of scientific
    procedures. The main aim of research is to find out the truth which is hidden and which has not
    been discovered as yet. Though each research study has its own specific purpose, we may think
    of research objectives as falling into a number of following broad groupings:
    1. To gain familiarity with a phenomenon or to achieve new insights into it (studies with this
    object in view are termed as exploratory or formulative research studies);
    2. To portray accurately the characteristics of a particular individual, situation or a group
    (studies with this object in view are known as descriptive research studies);
    3. To determine the frequency with which something occurs or with which it is associated with
    something else (studies with this object in view are known as diagnostic research studies);
    4. To test a hypothesis of a causal relationship between variables (such studies are known as
    hypothesis-testing research studies)
    TYPES OF RESEARCH
    Research is a logical and systematic search for new and useful information on a particular topic.
    Research is important both in scientific and non-scientific fields.
    1. Fundamental or Basic Research: Basic research is an investigation on basic
    principles and reasons for occurrence of a particular event or process or phenomenon.

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  • BUSINESS RESEARCH METHODS, 4TH SEMESTER BBA, BANGALORE CENTRAL UNIVERSITY
    Vinutha T.N, Assistant Professor, MES Institute of Management
    2
    It is also called theoretical research. Study or investigation of some natural phenomenon
    or relating to pure science are termed as basic research. Basic researches sometimes
    may not lead to immediate use or application. It is not concerned with solving any
    practical problems of immediate interest. But it is original or basic in character. It
    provides a systematic and deep insight into a problem and facilitates extraction of
    scientific and logical explanation and conclusion on it. It helps build new frontiers of
    knowledge. The outcomes of basic research form the basis for many applied researches.
    Seeks generalization
    Aims at basic processes
    Attempts to explain why things happen
    Tries to get all the facts
    Reports in technical language of the topic
    2. Applied Research: In an applied research one solves certain problems employing well
    known and accepted theories and principles. Most of the experimental research, case
    studies and inter-disciplinary research are essentially applied research. Applied
    research is helpful for basic research. A research, the outcome of which has immediate
    application is also termed as applied research. Such a research is of practical use to
    current activity.
    Studies individual or specific cases without the objective to generalize
    Aims at any variable which makes the desired difference
    Tries to say how things can be changed
    Tries to correct the facts which are problematic
    Reports in common language
    Basic and applied research, further divided into three types of research bearing some
    characteristics feature as follows:
    Quantitative research
    It is numerical, non-descriptive, applies statistics or mathematics and uses numbers.
    It is an iterative process whereby evidence is evaluated.
    The results are often presented in tables and graphs.
    It is conclusive.
    It investigates the what, where and when of decision making.
    Qualitative research
    It is non-numerical, descriptive, applies reasoning and uses words.
    Its aim is to get the meaning, feeling and describe the situation.
    Qualitative data cannot be graphed.
    It is exploratory.
    It investigates the why and how of decision making.

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  • BUSINESS RESEARCH METHODS, 4TH SEMESTER BBA, BANGALORE CENTRAL UNIVERSITY
    Vinutha T.N, Assistant Professor, MES Institute of Management
    3
    Mixed research: Mixed research- research that involves the mixing of quantitative and
    qualitative methods or paradigm characteristics. Nature of data is mixture of variables,
    words and images.
    Exploratory Research: It is a type of research conducted for a problem that has not been
    clearly defined. It helps determine the best research design, data collection method and
    selection of subjects. The result of exploratory research is not usually useful for decision-
    making by themselves, but they can provide significant insight into a given situation.
    Exploratory research might involve a literature search or conducting focus group interviews.
    The exploration of new phenomena in this way may help the researcher’s need for better
    understanding, may test the feasibility of a more extensive study, or determine the best methods
    to be used in a subsequent study. For these reasons, exploratory research is broad in focus and
    rarely provides definite answers to specific research issues.
    The objective of exploratory research is to identify key issues and key variables.
    Descriptive research: It refers to research that provides an accurate portrayal of characteristics
    of a particular individual, situation or group. These studies are a means of discovering new
    meaning, describing what exists, determining the frequency with which something occurs, and
    categorising information.
    In short descriptive research deals with everything that can be counted an studied, which has
    an impact of the lives of the people it deals with.
    Explanatory research
    Its primary goal is to understand or to explain relationships.
    It uses correlations to study relationships between dimensions or characteristics off
    individuals, groups, situations, or events.
    Explanatory research explains (How the parts of a phenomenon are related to each
    other).
    Explanatory research asks the “Why” question.
    Longitudinal Research: Research carried out longitudinally involves data collection at
    multiple points in time. Longitudinal studies may take the form of:
    Trend study- looks at population characteristics over time, e.g. organizational
    absenteeism rates during the course of a year
    Cohort study- traces a sub-population over time, e.g. absenteeism rates for the sales
    department;
    Panel study- traces the same sample over time, e.g. graduate career tracks over the
    period 1990 2000 for the same starting cohort.
    While longitudinal studies will often be more time consuming and expensive than cross-
    sectional studies, they are more likely to identify causal relationships between variables.

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  • BUSINESS RESEARCH METHODS, 4TH SEMESTER BBA, BANGALORE CENTRAL UNIVERSITY
    Vinutha T.N, Assistant Professor, MES Institute of Management
    4
    Cross-sectional Research: One-shot or cross-sectional studies are those in which data is
    gathered once, during a period of days, weeks or months. Many cross-sectional studies are
    exploratory or descriptive in purpose. They are designed to look at how things are now, without
    any sense of whether there is a history or trend at work.
    RESEARCH APPROACHES
    The above description of the types of research brings to light the fact that there are two basic
    approaches to research, viz., quantitative approach and the qualitative approach. The former
    involves the generation of data in quantitative form which can be subjected to rigorous
    quantitative analysis in a formal and rigid fashion. This approach can be further sub-classified
    into inferential, experimental and simulation approaches to research.
    Inferential research means survey research where a sample of population is studied (questioned
    or observed) to determine its characteristics, and it is then inferred that the *population has the
    same characteristics.
    Experimental approach is characterized by much greater control over the research environment
    and in this case some variables are manipulated to observe their effect on other variables.
    Simulation approach involves the construction of an artificial environment within which
    relevant information and data can be generated. This permits an observation of the dynamic
    behaviour of a system (or its sub-system) under controlled conditions.
    RESEARCH METHOD v/s RESEARCH METHODOLOGY
    Research methods may be understood as all those methods/ techniques that are used for
    conduction of research. Research methods or techniques*, thus, refer to the methods the
    researchers use in performing research operations. In other words, all those methods which are
    used by the researcher during the course of studying his research problem are termed as
    research methods. research methods can be put into the following three groups:
    1. In the first group we include those methods which are concerned with the collection of data.
    These methods will be used where the data already available are not sufficient to arrive at
    the required solution;
    2. The second group consists of those statistical techniques which are used for establishing
    relationships between the data and the unknowns;
    3. The third group consists of those methods which are used to evaluate the accuracy of the
    results obtained.
    Research methodology is a way to systematically solve the research problem. It may be
    understood as a science of studying how research is done scientifically. In it we study the
    various steps that are generally adopted by a researcher in studying his research problem
    along with the logic behind them.
    It is necessary for the researcher to know not only the research methods/techniques but also the
    methodology. Researchers not only need to know how to develop certain indices or tests, how
    to calculate the mean, the mode, the median or the standard deviation or chi-square, how to

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  • BUSINESS RESEARCH METHODS, 4TH SEMESTER BBA, BANGALORE CENTRAL UNIVERSITY
    Vinutha T.N, Assistant Professor, MES Institute of Management
    5
    apply particular research techniques, but they also need to know which of these methods or
    techniques are relevant and which are not, and what would they mean and indicate and why.
    The scope of research methodology is wider than that of research methods. Thus, when we talk
    of research methodology we not only talk of the research methods but also consider the logic
    behind the methods we use in the context of our research study and explain why we are using
    a particular method or technique and why we are not using others so that research results are
    capable of being evaluated either by the researcher himself or by others.
    Why a research study has been undertaken, how the research problem has been defined, in what
    way and why the hypothesis has been formulated, what data have been collected and what
    particular method has been adopted, why particular technique of analyzing data has been used
    and a host of similar other questions are usually answered when we talk of research
    methodology concerning a research problem or study.
    STEPS IN RESEARCH
    Research process consists of series of actions or steps necessary to effectively carry out research
    and the desired sequencing of these steps. The chart shown in Figure well illustrates a research
    process.
    1. Formulating the research problem;
    2. Extensive literature survey;
    3. Developing the hypothesis;
    4. Preparing the research design;
    5. Determining sample design;
    6. Collecting the data;
    7. Execution of the project;
    8. Analysis of data;
    9. Hypothesis testing;
    10. Generalizations and interpretation, and

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  • BUSINESS RESEARCH METHODS, 4TH SEMESTER BBA, BANGALORE CENTRAL UNIVERSITY
    Vinutha T.N, Assistant Professor, MES Institute of Management
    6
    11. Preparation of the report or presentation of the results, i.e., formal write-up of conclusions
    reached.
    1. FORMULATING THE RESEARCH PROBLEM:
    The researcher must single out the problem he wants to study, i.e., he must decide the general
    area of interest or aspect of a subject-matter that he would like to inquire into. Initially the
    problem may be stated in a broad general way and then the ambiguities, if any, relating to the
    problem be resolved. Then, the feasibility of a particular solution has to be considered before a
    working formulation of the problem can be set up. The formulation of a general topic into a
    specific research problem, thus, constitutes the first step in a scientific enquiry. Essentially two
    steps are involved in formulating the research problem, vi., understanding the problem
    thoroughly, and rephrasing the same into meaningful terms from an analytical point of view.
    The best way of understanding the problem is to discuss it with one’s own colleagues or with
    those having some expertise in the matter. In an academic institution the researcher can seek
    the help from a guide who is usually an experienced man and has several research problems in
    mind. In private business units or in governmental, the problem is usually earmarked by the
    administrative agencies with whom the researcher can discuss as to how the problem originally
    came about and what considerations are involved in its possible solutions.
    The researcher must at the same time examine all available literature to get himself acquainted
    with the selected problem. He may review two types of literaturethe conceptual literature
    concerning the concepts and theories, and the empirical literature consisting of studies made
    earlier which are similar to the one proposed. The basic outcome of this review will be the
    knowledge as to what data and other materials are available for operational purposes which will
    enable the researcher to specify his own research problem in a meaningful context.
    After this the researcher rephrases the problem into analytical or operational terms i.e., to put
    the problem in as specific terms as possible. This task of formulating, or defining, a research
    problem is a step of greatest importance in the entire research process. The problem to be
    investigated must be defined unambiguously for that will help discriminating relevant data from
    irrelevant ones.
    In fact, formulation of the problem often follows a sequential pattern where a number of
    formulations are set up, each formulation more specific than the preceding one, each one
    phrased in more analytical terms, and each more realistic in terms of the available data and
    resources.
    2. EXTENSIVE LITERATURE SURVEY:
    Once the problem is formulated, a brief summary of it should be written down. It is compulsory
    for a research worker writing a thesis for a Ph.D. degree to write synopsis of the topic and
    submit it to the necessary Committee or the Research Board for approval. At this juncture the
    researcher should undertake extensive literature survey connected with the problem.
    For this purpose, the abstracting and indexing journals and published or unpublished

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  • BUSINESS RESEARCH METHODS, 4TH SEMESTER BBA, BANGALORE CENTRAL UNIVERSITY
    Vinutha T.N, Assistant Professor, MES Institute of Management
    7
    bibliographies are the first place to go to. Academic journals, conference proceedings,
    government reports, books etc., must be tapped depending on the nature of the problem. In this
    process, it should be remembered that one source will lead to another. The earlier studies, if
    any, which are similar to the study in and should be carefully studied. A good library will be a
    great help to the researcher at this stage.
    3. DEVELOPMENT OF WORKING HYPOTHESES:
    After extensive literature survey, researcher should state in clear terms the working hypothesis
    or hypotheses. Working hypothesis is tentative assumption made in order to draw out and test
    its logical or empirical consequences. In most types of research, the development of working
    hypothesis plays an important role. Hypothesis should be very specific and limited to the piece
    of research in hand because it has to be tested.
    The role of the hypothesis is to guide the researcher by delimiting the area of research and to
    keep him on the right track. It sharpens his thinking and focuses attention on the more important
    facets of the problem. It also indicates the type of data required and the type of methods of data
    analysis to be used.
    How does one go about developing working hypotheses? The answer is by using the following
    approach:
    a. Discussions with colleagues and experts about the problem, its origin and the objectives
    in seeking a solution;
    b. Examination of data and records, if available, concerning the problem for possible trends,
    peculiarities and other clues;
    c. Review of similar studies in the area or of the studies on similar problems; and
    d. Exploratory personal investigation which involves original field interviews on a limited
    scale with interested parties and individuals with a view to secure greater insight into the
    practical aspects of the problem.
    Thus, working hypotheses arise as a result of a-prior thinking about the subject, examination
    of the available data and material including related studies and the counsel of experts and
    interested parties. It may as well be remembered that occasionally we may encounter a
    problem where we do not need working hypotheses, especially in the case of exploratory or
    formularies researches which do not aim at testing the hypothesis. But as a general rule,
    specification of working hypotheses in another basic step of the research process in most
    research problems.
    4. PREPARING THE RESEARCH DESIGN:
    The research problem having been formulated in clear cut terms, the researcher will be required
    to prepare a research design, i.e., he will have to state the conceptual structure within which
    research would be conducted. The preparation of such a design facilitates research to be as
    efficient as possible yielding maximal information.
    In other words, the function of research design is to provide for the collection of relevant

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    Vinutha T.N, Assistant Professor, MES Institute of Management
    8
    evidence with minimal expenditure of effort, time and money. But how all these can be achieved
    depends mainly on the research purpose. Research purposes may be grouped into four
    categories, vi.,
    Exploration,
    Description,
    Diagnosis, and
    Experimentation.
    A flexible research design which provides opportunity for considering many different
    aspects of a problem is considered appropriate if the purpose of the research study is that of
    exploration. But when the purpose happens to be an accurate description sofa situation or
    of an association between variables, the suitable design will be one that minimizes bias and
    maximizes the reliability of the data collected and analyses.
    There are several research designs, such as, experimental and non-experimental hypothesis
    testing. Experimental designs can be either informal designs (such as before-and-after without
    control, after-only with control, before-and-after with control) or formal designs (such as
    completely randomized design, randomized block design, Latin square design, simple and
    complex factorial designs), out of which the researcher must select one for his own project.
    The preparation of the research design, appropriate for a particular research problem, involves
    usually the consideration of the following:
    the means of obtaining the information;
    the availability and skills of the researcher and his staff (if any);
    explanation of the way in which selected means of obtaining information will be
    organized and the reasoning leading to the selection;
    the time available for research; and
    the cost factor relating to research, i.e., the finance available for the purpose.
    5. DETERMINING SAMPLE DESIGN:
    All the items under consideration in any field of inquiry constitute ‘universe’ or ‘population’.
    A complete enumeration of all the items in the ‘population’ is known as a census inquiry. It
    can be presumed that in such an inquiry when all the items are covered no element of chance is
    left and highest accuracy is obtained. But in practice this may not be true.
    Even the slightest element of bias in such an inquiry will get larger and larger as the number of
    observations increases. Moreover, there is no way of checking the element of bias or its extent
    except through are survey or use of sample checks. Besides, this type of inquiry involves a great
    deal of time, money and energy. Not only this, census inquiry is not possible in practice under many
    circumstances. For instance, blood testing is done only on sample basis.
    Hence, quite often we select only a few items from the universe for our study purposes. The items
    so selected constitute what is technically called sample. The researcher must decide the way of
    selecting a sample or what is popularly known as the sample design. In other words, a sample
    design is a definite plan determined before any data are actually collected for obtaining a sample

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  • BUSINESS RESEARCH METHODS, 4TH SEMESTER BBA, BANGALORE CENTRAL UNIVERSITY
    Vinutha T.N, Assistant Professor, MES Institute of Management
    9
    from a given population. Thus, the plan to select 12 of a city’s 200 drugstores in a certain way
    constitutes a sample design.
    Samples can be either probability samples or non-probability samples. With probability samples
    each element has a known probability of being included in the sample but the non-probability
    samples do not allow the researcher to determine this probability.
    Probability samples are those based on simple random sampling, systematic sampling, stratified
    sampling, cluster/area sampling whereas non-probability samples are those based on convenience
    sampling, judgment sampling and quota sampling techniques. A brief mention of the important
    sample designs is as follows:
    i. Deliberate sampling: Deliberate sampling is also known as purposive or non-
    probability sampling. This sampling method involves purposive or deliberate selection
    of particular units of the universe for constituting a sample which represents the
    universe. When population elements are selected for inclusion in the sample based on
    the ease of access, it can be called convenience sampling. If a researcher wishes to secure
    data from, say, gasoline buyers, he may select a fixed number of petrol stations and may
    conduct interviews at these stations. This would be an example of convenience sample
    of gasoline buyers. At times such a procedure may give very biased results particularly
    when the population is not homogeneous. On the other hand, in judgment sampling the
    researcher’s judgment disused for selecting items which he considers as representative
    of the population. For example, a judgment sample of college students might be taken
    to secure reactions to a new method of teaching. Judgment sampling is used quite
    frequently in qualitative research where the desire happens to be to develop hypotheses
    rather than to generalize to larger populations.
    ii. Simple random sampling: This type of sampling is also known as chance sampling or
    probability sampling where each and every item in the population has an equal chance
    of inclusion in the sample and each one of the possible samples, in case of finite
    universe, has the same probability of being selected. For example, if we have to select a
    sample of 300items from a universe of 15,000 items, then we can put the names or
    numbers of all the15,000 items on slips of paper and conduct a lottery. Using the random
    number tables is another method of random sampling. To select the sample, each item
    is assigned a number from 1 to 15,000. Then, 300 five-digit random numbers are
    selected from the table. To do this we select some random starting point and then a
    systematic pattern is used in proceeding through the table. We might start in the 4th row,
    second column and proceed down the column to the bottom of the table and then move
    to the top of the next column to the right. When a number exceeds the limit of the
    numbers in the frame, in our case over 15,000, it is simply passed over and the next
    number selected that does fall within the relevant range. In the numbers were placed in
    the table in a completely random fashion, the resulting sample is random. This procedure
    gives each item an equal probability of being selected. In case of infinite population, the
    selection of each item in a random sample is controlled by the same probability and that
    successive selections are independent of one another.

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    Vinutha T.N, Assistant Professor, MES Institute of Management
    10
    iii. Systematic sampling: In some instances, the most practical way of sampling is to select
    every 15th name on a list, every 10th house on one side of a street and so on. Sampling
    of this type is known as systematic sampling. An element of randomness is usually
    introduced into this kind of sampling by using random numbers to pick up the unit with
    which to start. This procedure is useful when sampling frame is available in the form of
    a list. In such design the selection process starts by picking some random point in the
    list and then every nth element is selected until the desired number is secured.
    iv. Stratified sampling: If the population from which a sample is to be drawn does not
    constitute homogeneous group, then stratified sampling technique is applied so as to
    obtain representative sample. In this technique, the population is stratified into a number
    of non-overlapping subpopulations or strata and sample items are selected from each
    stratum. If the items selected from each stratum is based on simple random sampling the
    entire procedure, first stratification and then simple random sampling, is known as
    stratified random sampling.
    v. Quota sampling: In stratified sampling the cost of taking random samples from
    individual strata is often so expensive that interviewers are simply given quota to be
    filled from different strata, the actual selection of items for sample being left to the
    interviewer’ judgment. This is called quota sampling. The size of the quota for each
    stratum is generally proportionate to the size of that stratum in the population. Quota
    sampling is thus an important form of non-probability sampling. Quota samples
    generally happen to be judgment samples rather than random samples.
    vi. Cluster sampling and area sampling: Cluster sampling involves grouping the
    population and then selecting the groups or the clusters rather than individual elements
    for inclusion in the sample. Suppose some departmental store wishes to sample its credit
    card holders. It has issued its cards to 15,000 customers. The sample size is to be kept
    say 450. For cluster sampling this list of 15,000 card holders could be formed into 100
    clusters of 150 cardholders each. Three clusters might then be selected for the sample
    randomly. The sample size must often be larger than the simple random sample to ensure
    the same level of accuracy because is cluster sampling procedural potential for order
    bias and other sources of error is usually accentuated. The clustering approach can,
    however, make the sampling procedure relatively easier and increase the efficiency of
    field work, especially in the case of personal interviews. Area sampling is quite close to
    cluster sampling and is often talked about when the total geographical area of interest
    happens to be big one. Under area sampling we first divide the total area into a number
    of smaller non-overlapping areas, generally called geographical clusters, then a number
    of these smaller areas are randomly selected, and all units in these small areas are
    included in the sample. Area sampling is especially helpful where we do not have the
    list of the population concerned. It also makes the field interviewing more efficient since
    interviewer can do many interviews at each location.
    vii. Multi-stage sampling: This is a further development of the idea of cluster sampling.
    This technique is meant for big inquiries extending to a considerably large geographical
    area like an entire country. Under multi-stage sampling the first stage may be to select
    large primary sampling units such as states, then districts, then towns and finally certain

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