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CONCEPTS OF RESEARCH
•Consider the following case which is an example of research:
•A general manager, of a car producing company which is quite old ,was concerned with the complaints received from the car users that the car they produce have some problems with rating sound at the dash board and the rear passenger seat after few thousand kilometers of driving.
•
Concept…He enquired with customers to know their behaviour of driving and to identify the lot where the problem existedHe obtained information from the company workers to identify the various factors influencing the problem.He then formulated the problem and generated guesses (hypotheses).He constructed a checklist and obtained requisite information from a representative sample of cars.He analyzed the collected data, interpreted the results in the light of his hypotheses and reached conclusions.
Concept…
Notice in the example above that theresearcher went through a sequence of steps which were in order and thus systematic.
Secondly, the researcher did not just jump at the conclusions, but used a scientific method of inquiry in reaching at conclusions.
The two important characteristics of researchare: it is systematic and secondly it follows ascientific method of enquiry.
What is Research
Research is systematic, because it follows certain steps that are logical in order. These steps are:
Understanding the nature of problem to be studied and identifying the related area of knowledge.
Reviewing literature to understand how others haveapproached or dealt with the problem.
What is Research
Collecting data in an organized and controlled manner so as to arrive at valid decisions.
Analyzing data appropriate to the problem.
Drawing conclusions and making generalizations.
High Quality Research!
It is based on the work of others.
It can be replicated (duplicated).
It is generalizable to other settings.
It is based on some logical rationale and tied totheory.
It is doable!
It generates new questions or is cyclical in nature.
It is incremental.
Then What is Bad Research?The opposites of what have been discussed.
Looking for something when it simply is not to be found.
Plagiarizing other people's work.
Falsifying data to prove a point.
Misrepresenting information and misleading participants.
DEFINITION OF RESEARCH
Hunting for facts or truth about asubject.
Organized scientific investigations tosolve problems, test hypotheses, develop or invent new products.
Why do we need research?
To get PhDs, Masters and Bachelors degree
To provide solutions to complex problems
To investigate laws of nature
To make new discoveries
To develop new products
To save costs
To improve our life
Human desires
What Research Is
Research is:
“…the systematic process of collecting and analyzing information (data) in order to increase our understanding of the phenomenon about which we are concerned or interested.”1
What is a Business Research
It is a systematic Inquiry that provides information to guide business decision.
The systematic and objective process of gathering recording and analysing data for aid in making business decisions
Research Characteristics1. Originates with a question or problem.
2. Requires clear articulation of a goal.
3. Follows a specific plan or procedure.
4. Often divides main problem into subproblems.
5. Guided by specific problem, question, or hypothesis.
6. Accepts certain critical assumptions.
7. Requires collection and interpretation of data.
8. Cyclical (helical) in nature.
Scope of Business Research
It covers a wide range of phenomenon
For managers: the purpose of research is to fulfill the need for knowledge of the organization, the market, the economy, or any other area of uncertainty
For development and implementation of plans and strategies
It helps decision makers to shift from intuitive information gathering to systematic and objective investigation
Business research encompasses all functional specialties: financial, economic, marketing, production
Managerial value for Business Research
To gather more information before selecting a course of action
To do a high-level research study
To understand research design
To evaluate and resolve a current management dilemma
To perform Diagnosis and Assessment
Managerial value of Business Research
Selecting and implementing a course of action
Evaluating the course of action
To establish a career as a research specialist
Evaluation research is the formal, objective measurement and appraisal of the extent to which a given activity, project, or program has achieved its objectives.
PERFORMANCE-MONITORING RESEARCH
RESEARCH THAT REGULARLY PROVIDES FEEDBACK FOR EVALUATION AND CONTROL
INDICATES THINGS ARE OR ARE NOT GOING AS PLANNED
RESEARCH MAY BE REQUIRED TO EXPLAIN WHY SOMETHING “WENT WRONG”
Why Managers need Better Information
Global and domestic competition is more vigorous
Organizations are increasingly practicing data mining and data warehousing
ConceptsIf one has to communicate information about any objects and events there must be a common ground on which to do it. Concept is for this purpose.Concept is a bundle of meanings or characteristics associated with certain events, objects, conditions, situations etc.
Words or phrases that represent some phenomenonTheories contain a variety of concepts
Importance to research
Hypotheses are designed using concept
Measurement concepts are devised to test the hypothetical statements
Data is gathered by using this measurement concept
The success of research is on
How clearly conceptualize
And how well others understand the concepts we use
This question may seem simple but we will get varying and confusing answers unless we restrict and narrow the concept by specifying.Time period-weekly, monthly, annuallyBefore or after Income taxFor head of the family only or for all the members.
Constructs
A construct is an image or idea specifically invented for a given research or a theory building purpose
Construct is formed by combining the simpler concepts
Example
A human resource analyst in a software company that employs technical writers is analysing task attributes of a job in need of a redesign
She knows that job description of a technical writer consist of three components- presentation quality, language skill, and job interest
Construct composed of concepts in a job redesign
VocabularySyntax
Spelling
Typingspeed
Formataccuracy
Manuscrpiterror
Job Interest Construct
Lang. Skill Construct
Presentation quality Construct
Most Concrete
Most Abstract
Level of Abstraction
Definitions
Nominally
definitions are “dictionary” definitions of concepts
Operationally
definitions describe how concepts are or will be measured for research purposes
Operational Definition
A very clear and very precise explanation of the items being measured or the terms that are used to ensures comprehensible knowledge of the terminology and the ability to operate a process, procedure, or service and/or collect data consistently and reliably.
Operational Definitions
Before we can test our hypotheses we need toestablish operational definitions for our variables.This is the next step after defining concepts inour hypotheses.Operational definitions are very specific.There can be disagreement over theseoperational definitions across researchers. Thisis permissible as long as the definitions are clear
Operational Definition Example #1
Hypothesis: "Higher rates of literacy make democracymore likely."Defining concepts: Literacy: "the completion ofenough education to be expected to read." Democracy:"a system of government in which public officials areselected in competitive elections.“
Operational definitions: Literacy: "the % of people ina country that have completed at least 6 years of formaleducation." Democracy: "a country where the 2nd placefinisher for the most powerful political office receivedat least 25% of the vote."
Operational Definition Example #2
Hypothesis: "Highly educated people tend to beliberal."Defining concepts: Highly educated: "at leastsome college education." Liberal: "believing thegovernment should help those who are less well-off."Operational definitions: Highly educated: "hascompleted at least 2 years of education at acollege or university." Liberal: "answers 'yes' tothe question 'Should the government providelow income housing for poor citizens?'"
Independent Variable
the variable that is manipulated either by the researcher or by nature or circumstance
independent variables are also called “stimulus” “input” or “predictor” variables
analogous to the “cause” in a cause-effect relationship
Dependent variable
the variable that is manipulated either by the researcher or by nature or circumstance
independent variables are also called “stimulus” “input” or “predictor” variables
analogous to the “cause” in a cause-effect relationship
Mediating variable
a.k.a. moderating, intervening, intermediary, or mediating variablesa 2nd or 3rd variable that can increase or decrease the relationship between an independent and a dependent variable.for example, The introduction of the four day work week will lead to increased office productivity.
The introduction of the four day work week will lead to increased office productivity especially among young workers
Hypothesis
• The Objective of the Hypothesis Phase is to propose a solution to achieve the task objective, a set of goals and hypothesis for this solution, and the factors and performance metrics for testing the validity of the solution.
• Specify Solution; Set Goals; Define Factors; and Postulate Performance
Hypotheses
Hypotheses are tentative, intelligent guesses as to the solution of the problem.
Hypotheses can direct later research activities since they can help determine the nature of the research and methods applied.
Hypothesis is described as staetements in which we assign variables to cases
A Case is defined in the sense as the entity or thing that the hypothesis talks about
Eg. Executive James has a higher than average achievement motivation
If our hypo. Is based on more than one case-Generalization.
Eg. Executives in company Z have a higher than avg achievement motivation
Relational Hypo
These are statements that describe a relationship two variables with respect to some case
Eg. Foreign cars are perceived by Indian consumers to be of better quality than domestic cars
Explanatory Hypo
A change in one variable causes an effect on the other
Eg. An increase in family income leads to an increase in income saved