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  • Page 1 of 9

    Business Research Methods

    Post-Graduate Diploma in Business Management, 2013-14

    Term-IV, Jan-Mar 2014

    Revised 6.1.14 from 9.12.13

    Dr. Ajay Kumar Chauhan

    Dr. Bikramjit Rishi

    Dr. Dhiraj Sharma

    Prof. Soma Arora

    Dr. Suryatapa Kar

    Dr. Tripti Ghosh Sharma

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    Course Background and Objectives:

    Managers in business use information to make managerial decisions; they are the person in the

    organization responsible for knowing what information must be obtained, how to get it, and how

    to draw conclusions from it. For most businesses, available information is frequently inadequate,

    and must be supplemented with systematic business research. Therefore the focus of this course

    is on primary research than either on secondary research or using existing data available through

    automated devices.

    This course quips you with a broad understanding of research methods, techniques and issues

    and their application to business problems. The course aims to develop a critical understanding

    of the value of the research endeavour and thereby help the management to build business

    knowledge and theory that generates new questions as well as help in providing answers to

    existing problems.

    The course shall also immensely help you in completing your summer internship project by

    equipping you with the mindset that calls for scientific research based answers to problems posed

    before business, than using decisions based on gut feel.

    After successful completion of the course, you should be able to develop a project using the

    research methods learnt in the course.

    Student Learning Outcome

    i. Appreciate the role of research in the business activities ii. Identify the real problem, and develop research questions iii. Identify the information needed to reach to expected decision iv. Decide on the appropriate data collection method v. Perform a variety of practical skills that are needed to carry out business research vi. Critically evaluate data sets, and employ appropriate statistical analysis vii. Present key research findings

    The last three outcomes are not intended to be developed from scratch in the course but it is

    expected that you shall use your learning from courses like Business Statistics and Business Communication etc. that shall get refined in the process of critical evaluation and feedback by instructors and peers in the way of your coming out with project submission and final

    presentation.

    To conclude, the intended learning outcome is: to make students intelligent consumer and

    producer of the business research. The learning outcome can be mapped to AACSB AOL as:

    demonstrate technical and analytical capabilities (Outcome #1.1)

    Teaching Pedagogy

    The pedagogy will be a mix of lectures, critique of readings/articles, case discussion,

    assignments and field/library based research projects. The course uses cases as the means to

    drive the contextual suitability of research methods; and assignments/ projects as primary

    vehicle for reinforcing learning by doing. Besides the readings in the course pack, additional

    reading material will be distributed in the class from time to time.

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    Course Pre-requisites

    i. Prerequisite to this course is the learning derived from Business Statistics and Business Communication courses.

    ii. Since much of the course material requires class discussion, it is important that you are prepared for the class and present and defend your ideas. Preparation for class includes

    having read the assigned material.

    iii. We will use a number of cases in this course. Cases are a great educational experience but they absolutely require that you be ready for the class. When cases are assigned,

    you should come to class ready to discuss the issues of the case.

    For each case, you should:

    a. Identify the major problem, b. Give your recommendation to resolve this problem (both short and long term), and

    when appropriate

    c. Provide supporting analysis (both qualitative and quantitative) for your recommendations.

    d. Answer other questions provided for each case

    iv. The class will be divided into a number of groups and each group will have 4-5 students. For all cases, each group will submit case analysis report and power point presentation

    one day before scheduled class.

    v. There will be several home assignments assigned throughout the Term along with a number of unannounced quizzes. Late homework will not be accepted and there will be

    no make-up quizzes.

    vi. Each group is expected to take up a live problem related to business. This business problem can be from any functional area like HR, Marketing, Operations, and Finance

    etc. You are expected to solve the problem based on tools and techniques discussed in

    the class and submit your report. Each group will be required to give a presentation.

    vii. Evaluation for this assignment will be done based on individual as well as group performance.

    viii. Class participation will be based on the value you add to the class through your creating learning environment in class by raising intelligent questions, relevant statements on

    questions raised by others, and maintaining class decorum.

    ix. Throughout the course, consistency would be given credit over quality alone, and quality would be given credit over quantity. Therefore, a student who makes quality

    contribution many times would score higher than one who contributes only occasionally.

    And the one who either does not practice class decorum, or whose numerous

    contributions are of no quality, would fetch negative marks in class participation.

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    Assessment method in alignment with learning outcomes

    Students will be evaluated on the basis of case analysis, project, assignments, class participation,

    mid-term and end-term exam. The weightages given to each of these units is listed below:

    Course Evaluation

    Quizzes (2/3) 10%

    Class Participation 10%

    End Term Exam 40%

    Individual AOL assignment 05%

    Group Assignments 10%

    Group Project Report submission 20%

    Group Project presentation & participation 05%

    Specific Assessment Method Weightage

    Intended subject learning

    outcome to be assessed

    (Outcome #1.1)

    Group Assessment Methods

    Group Project Presentation 05%

    Group Project Report Submission 20%

    Group Assignments 10%

    Individual Assessment Methods

    Individual AOL assignment* 05% Class Participation 10%

    Quizzes 10% End-term Exam 40%

    *Scheduled in session-12

    Tentative Deadlines (subject to term-IV schedule)

    In order to ensure a quality output, the following deadlines shall be adhered to:

    Freezing of group leader On 1st session

    Identification of topic for project work (deliverable!) before 6th session

    Formal Proposal & Questionnaire (max. 10 pages) before 13th session

    Process Study and Data Collection before 16th session

    Project Presentations on/before 18th session

    Submission of Final Report on/before 23rd Mar.

    Course Outline: Module/Session/Topic/Reading Materials/Cases

    Session 1: Business Research: Overview, Need, and Value

    Readings:

    John S. Hammond, Ralph L. Keeney, and Howard Raiffa, Hidden Traps in Decision Making,

    Harvard Business Review, 1998.

    Chapters 1 and 2 of text

    Learning objectives: To make the students aware of the need, role and importance of Business

    Research.

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    Session 2 & 3: Research Process

    Readings:

    Chapters 3, and 4 of text

    Alan R Andreasen, Backward Market Research, Harvard Business Review, May-June 1985.

    Think Like a Researcher, Chapter 3, Business Research Methods, Cooper and Shindler.

    Session 4: Problem Definition

    Readings:

    Chapters 6 of text

    Group Case Assignment-1: Tulsas Central Business District (A): Developing a Research Project

    Learning objectives: To make the students understand the process of Research, while

    emphasizing on formulation of the problem and objective.

    Session 5: Research Designs: Overview; Exploratory Research Dessign: Secondary research

    Readings:

    Chapters 6 and 8 of text.

    Learning objectives: To enable the students to identify the type of Research, and to develop

    their skills of framing Research Designs.

    Session 6 & 7: Exploratory Research Design: Qualitative research methods and Observations

    Readings:

    Chapters 7 of text.

    Reading (Optional, not mandatory):

    Notes on Case Study Research, Action Research, Netnography etc.

    Note on Qualitative Data Analysis (or Chapter-11 of Essentials of MR by Tony Proctor, Prentice

    Hall)

    Discussion: In class discussion on Delphi method, FGD, and DI

    In Class Exercise: FGD on a given situation

    Learning objectives: Students would learn to conduct a research using Exploratory Research

    Design.

    Session 8: Descriptive Research Design: Survey research

    Readings:

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    Chapters 9 and 10 of text

    Learning objectives: Students would learn to conduct a research using Descriptive Research

    Design.

    Session 9: Measurement: concept and issues

    Readings:

    Chapters 13 and 14 of text

    Learning objectives: Students would learn to use different kind of scales for research.

    Session 10 & 11: Questionnaire Designing

    Chapter 15 of text

    Reading (Optional, not mandatory):

    Malhotra, N. K., Agarwal, J. and Peterson, M. (1996), "Methodological issues in cross-cultural

    marketing research", International Marketing Review, Vol. 13, Issue 5, pp. 7-43.

    Sample of a research proposal as handout

    Group Case Assignment-2: Cantbury Travels

    Learning objectives: To equip the students with the skills of designing a professional

    questionnaire.

    Session 12: Sampling issues in business research

    Chapter 16, 17 and 18 of text

    Reading (Optional, not mandatory):

    Timothy Bock, and John Sergeant, Small sample market research, International Journal of

    Market Research Vol. 44 Quarter 2, pp. 235-244.

    Discussion:

    In class discussion on suitability of different sampling method in given situation.

    In class discussion on formulation of hypothesis based on small caselets/ newspaper clips.

    In-class individual assignment-1: Tulsas Central Business District (B)

    Learning objectives: To acquaint students with various intricacies in sampling methods, and

    formulation of hypothesis.

    Session 13: Basic Analysis-I: Business Applications of t, z, chi-square etc. tests

    Chapter 19, and 20, 12 and 22 (except pages 576-581) of text

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    Discussion:

    In class discussion on Tests for normality, tabulation of data, data exploration, z, t, chi-square

    tests based on Newspaper Clips/ caselets.

    Learning objectives: To acquaint students with Preliminary Data preparation and Univariate data

    analysis techniques.

    Session 14 & 15: Causal Research Design: Experiments; and ANOVA

    Chapter 12, and Chapter 22 of text

    Reading (Optional, not mandatory):

    Thomas H. Davenport, How to Design Smart Business Experiments, Harvard Business Review,

    Feb. 2009.

    In Class Exercises on ANOVA, and its application in experiments.

    Learning objectives: To help students understand and apply different experimental designs, in

    real life business problems.

    Session 16 and 17: Basic Analysis-II: Business Applications of Correlation and Regression

    Readings:

    Chapter 23 and 24 (up to page no. 633 only) of text

    In Class Discussion: Caselets - TBA.

    Learning objectives: To analyse the Regression analysis and report the results which are error-

    free. (Introduction to concepts of multicollinearity, heteroscedasity, and auto-correlation etc.)

    Session 18: Communicating Research Results: Report Writing and Presentation

    Readings:

    Chapter 25 of text

    Learning objectives: To make the students understand the formal way of report writing and

    presenting the findings.

    Session 19 & 20:

    Group Project Presentations

    Learning objectives: To make the students appreciate the soft skills of presenting the research

    effectively.

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    Student study Effort Expected:

    Class Contact

    Lectures 25 Hrs

    Proposal &Project presentation 5 Hrs

    Other Student Study Effort

    Assignments 20 Hrs

    Cases 20 Hrs

    Projects 60 Hrs

    Fieldwork 50 Hrs

    Total Student Study Effort 180 Hrs

    Required Text Book 1. Business Research Methods: A South Asian perspective

    William G. Zikmund et al., 1st edition,

    Cengage Learning

    Reference Books 2. Business Research Methods

    Allan Bryman and Emma Bell, Second Edition,

    Oxford University Press.

    3. The Least You Should Know about English. Wilson, Paige & Glazier, Teresa Ferster, 8th edition, 2003.

    (This book is very helpful for any who does not have a very strong mastery of written

    English)

    4. Mastering APA Style, Students Workbook and Training Guide. Gelfand, Harold; and Walker, Charles J.,

    The American Psychological Association, 2001.

    5. Asking The Right Questions. Brown, M. Neil & Keeley, Stuart, 6th edition, 2001.

    6. Management Consulting: A Guide for Students David Biggs, University of Gloucestershire; Cengage Learning, 2010. 409 pp.

    7. Business Research Methods, Cooper and Schindler, 9th edition,

    Tata McGraw Hill

    8. Research Methods for Business Students, 3e, Mark Saunders, Philip Lewis, and Adrian Thornhill,

    Pearson Education Indian Edition, 2009

    9. Research methods and statistics: a critical thinking approach. Sherry. L. Jackson,

    Belmont, CA: Wadsworth Cengage Learning, 2009.

    10. Research Methods for Business: A Skill Building Approach Uma Sekran, and Roger Bougie (2010).

    NY: Wiley.

    Journals

    Journal of Business Research

    Organizational Research Methods

  • Page 9 of 9

    Journal of Management

    International Journal of Qualitative Methods

    Journal of Ethnographic & Qualitative Research

    Marketing Research

    In addition to above mentioned journals, please keep track of other journals, websites, published

    a ticles and papers on Qualitative Research Methods, Quantitative Research Methods, Case

    Research, Marketing Research, and Research Methods in general.

    Websites www.quirks.com

    http://zoomrang.com

    http://surveymonkey.com

    http://www.surveysampling.com/

    http://www.surveyanalytics.com/resources/index.html

    http://spss.co.in

    http://www.yourvoice.co.in

    http://www.indiaspeaks.net

    Softwares: SPSS, and MS-Excel