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METHODOLOGY
MODULE 2
Module 2 Syllabus
2.1The management research question hierarchy
Research process problems
2.2The Favoured technique syndrome
2.3Problem definition
2.4Designing the study
2.5Sampling design
2.6Resource allocation and budgets
2.7Valuing research information
2.8Research proposal
2.9Pilot testing
2.10 Data collection
2.11 Analysis and interpretation
2.12 Reporting the results
2.13 Ethics in research
THE RESEARCH
PROCESS
2.1 The Management-
Research
Question Hierarchy
6. Management Decision
5. Measurement Questions
4. Investigative Questions
3. Research Questions
2. Management Questions
1. Management Dilemma
Working with the
Hierarchy
Management Dilemma
The symptom of an actual problem
from respondents
Other Processes in the
Hierarchy
Exploration
Recent developments
Predictions by informed figures
about the prospects of the
technology
Identification of those involved in
the area
Accounts of successful ventures
and failures by others in the field
THE LANDMARK
CASE
LANDMARK
Pioneered the concept of family centric multi-
product Leisure stores
Offers a vast assortment of books, music,
movies and stationery
Presently has 5 physical stores and an online
store
Current revenue levels of approximately Rs.
80 crores
Commenced its operation in 1987 at Apex
plaza, Nungambakkam, Chennai with a floor
space of 5500 sqft.
In December 1996, the Chennai store
underwent renovation and was expanded to
12,000 sq. ft by taking up the adjacent facility.
With the expansion in space Landmark also
added a new product line viz., music, the first
of its kind with open displays, listening
stations etc.
The store today sells toys, gift items and
home products apart from Books, music,
stationery and greeting cards.
Landmark opened its store in 1999 in
Calcutta on a 5500 sq.ft. selling area
located in Emami Shoppers City, Lord
Sinha Road.
Landmark in 2001 set up its flagship
stores of 37000 sqft own property at
Spencers plaza, Chennai
2003 witnessed opening of shop at Hotel
Residency Towers, Chennai.
Landmark opened its largest store in Feb
2004 in a leased premises in Bangalore's
premier shopping mall "The Forum".
Corporate Philosophy
Supply creates Demand - Firm Belief of the
Management at Landmark.
Brand to promise Product quality - All products
are subjected to religious quality checks.
Constant Innovation and path breaking actions -
Landmark has since its inception been the first
mover to adopt any path breaking technologies.
Constant enhancement of customer experience -
Make Shopping an Entertainment - Warm and
friendly experience for customer.
Continuously nurture and develop strong supplier /
vendor relationship.
Management Dilemma
Types of budgeting
Rule-of-thumb
Departmental or functional area
Task
Rule-of-Thumb Budgeting
Availability of alternatives
Formal analysis of each alternatives
Costs can be estimated
Benefits approximately predicted
Decision
theory
Decision variable
Decision rule
2.9 Research Proposal
Statement of the research question
Brief description of research
methodology
Purpose of the Research
Proposal
To present the question to be researched
and its importance
To discuss the research efforts of others
who have worked on related questions
To suggest the data necessary for solving
the question
The Research Sponsor
3 levels of complexity:
The exploratory study is used for the
most simple proposals
The small-scale study is more complex
and common in business
The large-scale professional study is the
most complex, costing more
How to Structure the
Research Proposal?
recommendations
Technical appendix
2.14 ETHICS IN
BUSINESS
RESEARCH
What are Research Ethics?
research
Explain researcher’s role
to future problems
If necessary, terminate relationship with
sponsor
Ethical Issues related to
Researchers and Team
Members
Safety
Protection of anonymity