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and analysing the needed information. Functions Conceptualise an operational plan to undertake various procedures and task required to complete your study. Ensure that these procedures are adequate to obtain valid objective and accurate answers to research questions. Study design Quantitative study design:-specific,well structured,have been tested for their validity and reliability, and can be explicitly defined and recognisied. Qualitative study design:-they are just reverse of quantitative.
For ex:-to find out the effect of parental involvement on the level of academic achievement of their children. Retrospective-prospective Focus on the past trends in a phenomenon and study it into future. For ex:-the effect of advertisment on the sales product.
Research is a means to action,either to improve your practice or to take action to deal with a problem or a issue. It is carried out to identify the areas of concern,develop and test alternatives and experiment with the new approaches. Explanation of action research An existing programme or intervention is studied in order to identify possible areas of improvement in terms of enhanced efficiency. Analysis of data to draw conclusions. Appropriate suggestions to be provided for concurrent changes. Actions to be carried out for accessing these changes. Examples of action research Action research is used in real situation rather than in experimental studies,since its primary focus is on solving real problem. Used by social scientistsfor pilot research,especially when the situation is too ambiguous to frame a precise research question.
Unit - 1
Origin of the Term Research The word research is derived from the Middle French word "recherch", which means "to go about seeking", the term itself being derived from the Old French term "recerchier" a compound word from "re-" + "cerchier", or "sercher", meaning 'search'. Definition of Research According to Clifford Woody..... Research comprises defining and redefining problems, formulating hypothesis or suggested solutions; collecting, organising and evaluating data; making deductions and reaching conclusions; and at last carefully testing the conclusions to determine whether they fit the formulating hypothesis. Business research is defined as the systematic and objective process of generating information for aid in making business decisions. For example, marketers are facing decline in the sales of the product They do business research on "Impact of packaging and shelf positioning on impulse buying behaviour of consumers". This research will show that why consumers go for impulse buying and how marketers can get benefit by offering attractive packaging and locating products on front shelves. Application of Business Research The General Application of Business Research are as follows: 1. Business and Sales Research. To identify target markets, To Determine behavioural patterns and attitudes of buyers, Measures market demands, analyze and interpret sales data and market share, To study problems in conjunction with selling activities and distribution channels.
2. Marketing and Product Research. This includes all researches that have something to do with product planning and development, branding, and packing. Some practical applications are: consumer brand purchase history and quality opinions of competing brands of toothpaste, acceptability of package utility etc... 3. Media and advertising research. This classification includes all research studies dealing with the proper selection of advertising themes, copy-writing, media selection and analysis, account management, preparation of advertisements, and budgeting. 4. Corporate responsibility research. This category covers studies on subjects who are outside the commercial dimension of selling of goods and services. It deals with business firms' social responsibilities to other special public's, which are outside of the business functions and responsibilities. 5. Non-business research. This category covers the different types of problems encountered by government social, civic, and other organizations where business research techniques can be best applied Why Business Research? Should McDonalds add Italian pasta dinners to its menu? Business research told McDonalds it should not? Should Procter & Gamble add a high-priced home teeth bleaching kit to its product line? Research showed Crest White strips would sell well at a retail price of $44 Types of Business Research 1. Exploratory Research Exploratory research can be defined as an investigation into a problem or situation which provides insight to the researcher. Exploratory research, as its name suggests, aims to explore. Here researcher himself is not sufficiently knowledgeable. It is a flexible approach. For example: For example: A personal interview with experts to find out why CAs are going for MBA now a days? 2. Descriptive Research Descriptive research includes surveys and fact-finding enquiries of different kinds. It is used to study certain characteristics of population such as age, sex, educational level, income etc. The major purpose of descriptive research is description of the state of affairs as it exists at present. For example, an anthropologist who wanted to study a tribe without affecting their normal behavior in any way. It is usually rigid in nature 3. Causal Research Causal Research explores the effect of one (independent) variable on another(dependent) variable.
It is used to measure what impact a specific change will have on existing norms and allows market researchers to predict hypothetical scenarios upon which a company can base its business plan. For example, if a clothing company currently sells blue denim jeans, causal research can measure the impact of the company changing the product design to the colour white. Following the research, company bosses will be able to decide whether changing the colour of the jeans to white would be profitable or not. Difference between Exploratory, Descriptive and Causal Research
4. Quantitative Research Quantitative research refers to the Systematic investigation of social phenomena via statistical, mathematical or computational techniques. The generation of models, theories and hypotheses The development of instruments and methods for measurement Experimental control and manipulation of variables Collection of empirical data Modeling and analysis of data 5. Qualitative Research To gain an understanding of underlying reasons and motivations To provide insights into the setting of a problem, generating ideas and/or hypotheses for later quantitative research To uncover prevalent trends in thought and opinion Difference between Qualitative &Quantitative Research Quantitative research is based on the measurement of quantity or amount where Qualitative research is concerned with qualitative phenomenon, i.e., phenomena relating to or involving quality or kind.
Quantitative research usually involves collecting and converting data into numerical form so that statistical calculations can be made and conclusions drawn, on other hand, it associated with the social constructivist paradigm which emphasises the socially constructed nature of reality. 6. Applied Research Aims at solving specific problems Aims at establishing policy programs that will help to improve social life Types of applied research are action research, social impact studies, cost-benefit analysis, evaluation research 7. Action Research It is application of fact findings to practical problem solving in a social situation with a view to improve quality of action within it, involving collaboration and cooperation of researchers, practitioners and laymen. It can be situational (diagnose a problem and attempts to solve it), collaborative, participatory (researcher take part in implementation of findings) and self-evaluation (it involves constant evaluation and adjustment of research and practice)