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Introduction to Research Methods for Business Indrawati, PhD

1. Introduction to Research by Iin 24 Feb 14

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  • Introduction to

    Research Methods

    for Business

    Indrawati, PhD

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    Indrawati

    Indrawati (Iin)

    Head of MM Program TEBS Telkom University

    Teaching and Writing is my hobby, it is a tool for distributing knowledge (by which people) benefit, thus it is equal to sadaqa jariyah, InsyaAlloh.

    Achieved Philosophy of Doctor (PhD) in Multimedia University, Malaysia

    Published more than 225 articles in newspaper, magazines, proceedings, journals, chapters, and books.

    Mobile : 081321922742 or 61717380

    Wesitte: Indrawati02.wordpress.com

    Email: [email protected] or [email protected]

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    Research is the process of finding solutions to a problem after a thorough study and analysis of the situational factors (Sekaran & Bougie, 2010:2) Business Research is an organized, systematic, data-based, critical, objective, scientific inquiry or investigation into a specific problem, undertaken with the purpose of finding answers or solutions to the problem (Sekaran & Bougie, 2010:3)

  • 9 Characteristics of Scientific Research

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    1. Purposiveness A research should be started with a definite aim or purpose 2. Rigor Connotes carefulness, scrupulousness, and the degree of exactitude in research. A good theoretical base and a sound methodological design add rigor to a purposive study 3. Testability Has certain hypotheses that can be tested by applying certain statistical tests to the data collected for the purpose. 4. Replicability The result of the tests of hypotheses should be supported again and yet again when the same type of research is repeated in other similar circumstances. 5. Precision The closeness of the findings to reality based on sample.

    Ex.: The estimated number of production days lost during the year due to absenteeism at between 20 and 40, as against the actual figure of 35, the precision of the estimation compares more favorably than if the estimated number was somewhere between 20 and 50.

  • 9 Characteristics of Scientific Research

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    6. Confidence The probability that the estimations are correct. Ex.: The researchers can confidentsly claim that 95% of the time their results will be

    true and there is only 5% chance of their being wrong 7. Objectivity The conclusions drawn through the interpretation of the results of the data aalysis

    should be objective, based on the facts of the findings derived from actual data and not on subjective or emotional value.

    8. Generalizability The scope of applicability of the research findings in one organizational setting to

    other settings. 9. Parsimony Simplicity in explaining the phenomena or problems that occur, and in generating

    solution for the problems. Ex.: If three variables in work situation are identified, which when changed would

    raise the organizational commitment of the employees by 45%, that would be more useful and valuable to the manager than if it were recommended that he should ten different variables to increase organizational commitment by 48%.

  • The Research Process

    7. DATA COLLECTION, ANALYSIS,INTERPRETATION

    8. DEDUCTION Hypothesis substantiated? Research question answered?

    9. Report Writing

    No

    Yes

    10. Report Presentation

    11. Managerial Decision Making

    1.OBSERVATION Broad area of research interest identified

    2. PRELIMINARY DATA GATHERING Interviewing Literature Survey

    3. PROBLEM DEFINITION Research problem delineated

    4. THEORETICAL FRAMEWORK Variable clearly identified and labeled

    5. GENERATION OF HYPOTHESIS

    6. SCIENTIFIC RESEARCH DESIGN

    (Sekaran, 2003; Sekaran & Bougie, 2010)

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  • Tips for Choosing Research Topic

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    1. Manageable and Controllable :knowledge, cost, time, and supervisor.

    2. Obtainable Data: collecting data and availability of data.

    3. Significant: academic and business practice

    4. Interesting

  • Prevailing Knowledge on the Topic

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    Our research should be structured on work already done and built on the foundation of prevailing/existing knowledge. Literature review is important to ensure that the research is structured on work already done and that it builds on the foundation of prevailing/existing knowledge (Sekaran & Bougie, 2010:38) Preliminary interviews with the business people and prospected users should help the researcher to identify and highlight the important variables that probably exist in the real business problem (Indrawati, 2012).

  • Literature Review

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    Literature review is a step-by-step process that involves the identification of published and unpublished work from secondary data sources on the topic of interest, the evaluation of this work in relation to the problem, and documentation of this work (Sekaran & Bougie, 2010:38).

    The purpose of the literature review is to help the researcher to develop a good problem statement (Sekaran & Bougie, 2010:43).

  • A Good Literature Review ensures that:

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    1. Important variables that are likely influence the problem situation are not left out of the study.

    2. A clearer idea emerges as to what variables will be most important to consider (parsimony), why they are considered important, and how they should be investigated to solve the problem.

    3. The problem statement can be made with precision and clarity.

    4. Testability and replicability of the findings of the current research are enhanced.

    5. One does not run the risk of reinventing the wheel that is, wasting effort on trying to rediscover something that is already known.

    6. The problem investigated is perceived by the scientific community as relevant and significant.

  • Conducting the Literature Review

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    1. Identification of various published and unpublished materials that are available on the topic of interest, and gaining access to these.

    The quality of a literature review depends on a cautions selection and reading of books, academic and professional journals, reports, theses, conference proceedings, unpublished manuscripts, and the like.

  • Conducting the Literature Review

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    2. A good literature review needs to include references to the key studies in the field. For this reason, articles and books that are often cited by others must be included in your literature review, even if these articles and books were written thirty or even forty years ago. More recent work should also be incorporated in the literature review, since the recent work will build on a broader and more up-to-date stream of literature than older work.

  • Conducting the Literature Review

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    3. Documenting the literature is important to convince the reader that (a) the researcher is knowledgeable about the problem area and has done the preliminary homework that is necessary to conduct the research, (b) the theoretical framework will be structured on work already done and will add to the solid foundation of existing knowledge, and (c) preventing from doing plagiarism.

    There are several accepted methods of referencing: a. The publication Manual of the American Psychological

    Association or APA style (2001) b. The Chicago Manual of style (2003) c. Turabians Manual Writers (2007) d. Harvard style

  • Problem Statement

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    A problem statement is a clear, precise, and sufficient statement of the specific issue that a researcher wishes to investigate (Sekaran & Bougie, 2010:45). There are three key criteria to assess the quality of the problem statement: relevant, feasible, and interesting. Relevant, if the problem statement is meaningful from a managerial perspective, an academic perspective, or both. Feasible, the researcher is able to answer the problem statement within the restrictions of the research project. A frequent problem in term of feasibility is that the problem statement is too broad in scope. Interesting, to researcher, supervisors, and also to readers.

  • What is a Problem ?

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    A problem does not necessary mean that something is seriously wrong with the current situation that needs to be rectified immediately. A problem could simply indicate an interest in an issue where finding the right answer might help to improve an existing situation. A problem is any situation where a gap exists between the actual and desired ideal states.

  • Symptom is not a Real Problem

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    Do not write symptom as a real problem statement.

    One way of determining the problem, rather than the symptom is being addressed is to ask the question. Is this factor I have indentified an antecedent, the real problem, or the consequence/symptom? Ex.: Symptom/consequence is Low productivity Real problem is Motivation Antecedent/contribution factor is non recognition of employees

    'contribution

  • Decision Problem Definition

    Decision Maker

    Researcher

    Loss Of

    Sales Low Traffic Decreased

    Market Share

    Unhappy Customers

    Marginal Performance

    Of Sales Force

    Inappropriate Delivery System

    Unethical Treatment of

    Customers

    Low Quality Products

    Poor Image

    Real Business/Decision Problem

    Obvious Measurable Symptoms

    The Iceberg Principle

  • The General Link

    Thesis Statement Problem Statement

    Research Questions

    Research Objectives

    Research Concept

    Research Concept Research Model

    Research Constructs

    Opertionalization Measurement

    Hyphotesis

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