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RESEARCH

METHODOLOGY
(Business Research Methods)

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 1


What is Research? (1)

There are many accepted definitions for the term


“research”, for example:

Research is an active, diligent and systematic process of


inquiry in order to discover, interpret or revise facts,
events, behaviours, or theories, or to make practical
applications with the help of such facts, laws or theories.
The term ‘research’ is also used to describe the
collection of information about a particular subject

(Encyclopedia Wikipedia)

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 2


What is Research? (2)

Other insightful definitions of “research” are:

 Systematic, intensive, patient study and investigation in some field


of knowledge, usually employing the techniques of hypothesis and
experiment, whose purpose is to reveal new facts, theories, or
principles

 Means a systematic investigation, including research development,


testing and evaluation, designed to develop or contribute to
generalizable knowledge

 Systematic study directed toward more complete scientific


knowledge or understanding of the subject studied
MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 3
Types and Scope of Research

BASIC TYPES OF RESEARCH APPLIED

Non-Specificity Specificity

Research is undertaken in numerous scientific disciplines, e.g.:

 Natural / Physical Sciences


 Social Sciences
 Management Sciences
 Humanities

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 4


The Dimensions of Research

Theories

Concepts Deductive
Reasoning

RESEARCH
Propositions

Scientific Method Inductive


Reasoning
Hypotheses

Empiricism

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 5


What is a Theory? (1)
Zikmund (p. 41) has defined a theory as “a coherent set of general
propositions, used as principles of explanation of the amount of the
apparent relationships of certain observed phenomona”

Concepts (or constructs) are the basic building blocks of theory


development. A concept (or construct) is a generalized idea about a
class of objects, attributes, occurrences, or processes that have
been given a name. A concept (or construct) may vary in terms of
the level of abstraction

Examples: Productivity, Leadership, Morale, Assets, Inflation

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 6


What is a Theory? (2)
A proposition is a statement concerned with the relationship
between concepts. It asserts a universal connection and logical
linkage between concepts. Propositions are at a higher level of
abstraction than concepts

Example: Smoking is injurious to health

Hypotheses are propositions which are empirically testable. They


are usually concerned with the relationships between variables

Example: Increasing salary by 10% will double the production

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 7


The Abstraction Ladder

Theory Abstract Level

Propositions
Levels of
Abstraction

Concepts / Constructs

Observations of Objects,
Events and Occurrences (Reality) Empirical Level

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 8


Qualities of a Good Theory (1)

“A theory is a good theory if it satisfies two


requirements. It must accurately describe a
large class of observations on the basis of a
model that contains only a few arbitrary
elements. And it must make definite predictions
about the result of future observations”

Stephen Hawking, A Brief History of Time, 1988

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 9


Qualities of a Good Theory (2)
Often, competing theories are put forth to explain certain
phenomena. One cannot really be 100% certain that a
given theory is correct because, no matter on how many
occasions the results of experiments agree with the
theory, there may come an occasion when some do not

Theories must be:


 Objective
 Verifiable (i.e. within the accepted margins of error)
 Falsifiable / disprovable

Good theories must understand, explain and predict


MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 10
Example of a Theory: Voluntary Job Turnover
Labour market conditions, number of
organizations, personal characteristics,
And other partial determinants
of ease of movement

Perceived ease of movement (e.g.


Job Performance

Expectation of finding alternatives,


unsolicited opportunities) Intention Voluntary
To Job
Quit Turnover
Perceived desirability of movement
(e.g. job satisfaction)

Equity of pay, job complexity, participation


In decision-making, and other partial Zikmund, pp. 44 - 45
Determinants of desirability of movement
MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 11
Deductive Reasoning

Theory

Using deductive reasoning, one


starts with a given theory as the
Hypotheses basis for which we develop
hypotheses and then confirm
these with specific
data acquired using observation
or experimentation
Observation
(Is our theory valid or not?)

Confirmation

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 12


Inductive Reasoning

Observation

Using inductive reasoning, one


starts with a specific observation
Pattern
as the basis for which we develop
a general pattern and tentative
hypothesis as the foundation
of a theory
Tentative Hypothesis

Theory

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 13


The Scientific Method
The “scientific method” is basically an overarching
perspective on how scientific investigations should be
undertaken. It can, in effect, be considered as a
complete set of principles and methods that help
researchers in all scientific disciplines obtain valid results
for their research studies, and which includes the
provision of clear and universally accepted guidelines for
acquiring, evaluating and communicating information in
the context of a research study

The goals of scientific research are, broadly speaking, to


understand, explain and predict
MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 14
Elements of the Scientific Method

 Empirical Approach
 Observation
 Questions
 Hypotheses
 Experiments
 Analysis
 Conclusion
 Replication

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 15


Elements of the Scientific Method
(Empirical Approach)

Evidence-based approach. The guiding principle


behind all research conducted in accordance
with the scientific method

Data derived from direct, systematic and careful


observation and experimentation (as opposed to
speculation, intuition, opinions, hunches, gut
feeling)

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 16


Elements of the Scientific Method
(Observation)
Awareness of the real / physical / social world in which
we exist. This, in turn, gives rise to questions as the
basis for research studies or investigations

Operational Definitions – Ensures consistency when


researchers talk about or are interested in undertaking or
replicating research on the same phenomenon.
Example: What is “exercise”?

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 17


Elements of the Scientific Method
(Questions)
Making an answerable question out of a research idea.
The question must be answered using available and
established scientific research techniques and
procedures. Scientific Analysis should not be attempted
on questions which cannot be answered

Example of an answerable question: Can regular


exercising reduce an individual’s cholesterol level?

Example of a (currently) unanswerable question: Is time


travel possible?
MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 18
Elements of the Scientific Method
(Hypotheses)
Hypotheses attempt to explain phenomena of interest. A hypothesis
is a proposition which is empirically testable. It usually seeks to
explain relationships between variables, and predict, and must be
falsifiable

Typical hypotheses structures:

Conditional - If Condition X is fulfilled, then Outcome Y will result


Correlational - The value of Variable B is observed to be related with
changes in the value of Variable A
Causal – The value of Variable ψ determines the value of Variable ξ

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 19


Elements of the Scientific Method
(Experiments)

Experiments are basically about measuring phenomena


and collecting accurate and reliable data which are used
for analysis and evaluation

Accuracy – Correctness of the Measurement


Reliability – Consistency of the Measurement

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 20


Elements of the Scientific Method
(Analysis)
Analysis is about the use of qualitative or quantitative
tools and techniques to process data

Quantitative tools and techniques are considered more


desirable (objective) than qualitative tools and
techniques

Statistical analysis is typically used to quantitatively


analyze data acquired in research studies

MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 21


Elements of the Scientific Method
(Conclusions)
Based on the results of the analysis conducted, and
used to support or refute a hypothesis

When undertaking research, conclusions should only be


based on the available data and not broadened to
include statements which are not supported by the data

Example: If the research analysis shows that two


variables are correlated (related), do not assert also that
a causal relationship exists between them
MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 22
Elements of the Scientific Method
(Replication)
The purpose of replication is to ensure that if the same
research study is conducted with different participants
(i.e. researchers, research subjects), then the same
results are achieved

Replication establishes the reliability of a research


study’s conclusions

Conclusions are often based on the results of one


research study (aberration effect) which may not be
accurate
MBA III (Research Methodology) Course Instructor: Dr. Aurangzeb Z. Khan 23

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