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Introduction to research

FLS 1.1

Introduction to research
Business Research Definition
Objective, Nature, Importance,
Criteria for a good research.
Types of Research.

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Why must we understand


research?

help make informed decisions


need to produce research in career
evaluating research in the media
assist in classes

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Objectives

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Define research and understand its


importance.
Describe the basic steps in
conducting research.
Explore the fundamental methods of
gathering data for research.
Describe how tools such as
databases, decision support
systems, and the Internet facilitate
information systems and research.
Identify key ethical and international
considerations in research.
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Meaning and Importance

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Dr.R.Hemanalini

Meaning of Research
Research in common parlance refers
to a search for knowledge. also
research as a scientific and
systematic search for pertinent
information on a specific topic. In
fact, research is an art of scientific
investigation.

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Dr.R.Hemanalini

Definition
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.
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The Benefits of Research

Facilitates strategic planning


Assess opportunities/threats
Ascertain potential for success
Determine feasibility
Improves marketers ability to make
decisions

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Basic

Applied
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Basic vs. Applied Research


Basic research type of research that
may have limited direct application but
in which the researcher has careful
control of the conditions
Applied research type of research
that has direct value to practitioners
but in which the researcher has limited
control over the research setting

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Continuum of
Basic vs. Applied Research
Level IBasic research
Goal: Theory-driven
Approach: Laboratory

Level IIModerate relevance


Goal: Theory-based using relevant movements
Approach: Similar to real-world task or setting

Level IIIApplied research


Goal: Immediate solutions
Approach: Real-world settings
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Nature of Research
Systematic plan, identify, design,
collect data, evaluate
Logical examine procedures to
evaluate conclusions
Empirical decisions are based on
data (observation)
Reductive general relationships
are established from data
Replicable actions are recorded
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Characteristics of Research

objective
precise
verifiable
parsimonious
empirical
logical
probabilistic

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Key Concepts and Issues

time in research
variables
types of relationships
hypotheses
types of data
fallacies
structure or research
deduction and induction
ethics
validity

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Time in Research
cross-sectional vs. longitudinal
repeated measures

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time series

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Variables
variable
any observation that can take on
different values

attribute
a specific value on a variable

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Examples
Variable
satisfaction

Attribute
1 = very satisfied
2 = satisfied
3= somewhat satisfied
4 = not satisfied
5 = not satisfied at all

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Examples
IV

DV

exercise
participation

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Types of Variables
independent variable (IV)
what you (or nature) manipulates in
some way

dependent variable (DV)


what you presume to be influenced by
the IV

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Unscientific Methods of
Problem Solving

Tenacity
Intuition
Authority
The rationalistic method
The empirical method

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Quantitative vs. Qualitative


Research

Quantitative data are gathered


such that they can be quantified and
subjected to statistical analyses
Qualitative data are gathered such
that they can be analyzed through
informed judgment

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