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Research meaning: Research simply means a search for facts — answers to questions and
solutions to problems. It is a purposive investigation. It is an “organized inquiry.”
Research is a systematic search for an answer to the question or a solution to the problem.
It seeks to find explanations to unexplained phenomenon, to clarify the doubtful propositions and
to correct the misconceived facts.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Whenever such questions arise we seek answers to them. Whenever we encounter problems, we
try to find solutions to them. Seeking answers to questions and finding solutions to problems
have been the basis of human progress
Definition of Research:
Research simply means a search for facts — answers to questions and solutions to problems. It is
a purposive investigation. It is an “organized inquiry.”
It seeks to find explanations to unexplained phenomenon, to clarify the doubtful propositions
and to correct the misconceived facts. How is this search made? What are possible methods or
approaches?
2
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Characteristics of Research
3
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Our knowledge of isolated events is connected together to draw generalizations and general
laws.
Ex: Law of gravitation, Law of demand, and principles of organization such as unity of
command and scalar principle, the theory of consumer behaviour and motivation theories are
some examples for such generalizations, laws and theories
3. Research verifies and tests existing facts and theory and these help improving our
knowledge and ability to handle situations and events. It initiates, it formulates, it deflects,
and it clarifies theory.
4. General laws developed through research may enable us to make reliable predictions of
events yet to happen.
5. Research aims to analyse inter-relationships between variables and to derive causal
explanations; and thus enables us to have a better understanding of the world in which we
live.
6. Research also aims at developing new tools, concepts, and theories for a better study of
unknown phenomena. It helps for planning
9. Research aids planning and thus contributes to national development.
10. Applied research aims at finding solutions to problems…. socio-economic problems (e.g.,
social unrest, unemployment, poverty) health problems, human relations problems in
organizations and so on. Thanks to the fruits of research, we have better quality of life, longer
life span and better control over events.
Business Research: Is described as the systematic and objective procedure for producing
information for help in making business decisions. It helps in managerial decisions process for
all aspects of a business.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Research approaches
Demerits
a) The opinions, impressions varies from person to person
b) It is vague and inaccurate.
b)Scientific method:
Scientific method is a systematic rational approaches to seeking facts.
It eliminates the draw backs of the arbitrary method.
It is objective, precise, and arrives at conclusions on the basis of verifiable evidences.
Therefore search for facts should be scientific method rather than arbitrary
Types of Research
1. Fundamental research
2. Applied research
3. Action research
4. Descriptive
5. Qualitative
6. Quantitative
7. Exploratory
8. Longitudinal
9. Cross sectional
10. Field research
11. Laboratory research
12. Causal research
13. Inductive research
14. Deductive research
15. Experimental research
16. Historical research
17. Diagnostic research
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
2. Applied research
For instance, applied research may include a study on ways to increase student
involvement in the classroom. This research focuses on a defined problem and is
solution-based.
Action research:
Ex
Action program undertaken by the Government for the welfare activities like
Descriptive research
It describes the characteristics of the population or phenomena being studied.
It describes the state of view as it exists. It is a fact finding investigation.
It aimed at casting light on current issues or problems through a process of data collection.
It primarily focus on describing the nature of demographic segment without focusing why the
phenomenon occurs.
Ex: Research conducted to find the consumption of soft drinks among the people with respect to
the socio economic factors like age, gender, education level, income etc…..
Diagnostic research
This study is directed towards discovering
“ What is happening” ?
“Why it is happening” ?
“What can be done”?
It aims at identifying the causes of the problem, and the possible solutions for it
Experimental research
It is designed to assess the effect of particular variable phenomena by keeping the other variables
constant or controlled.
It aims at determining whether and in what manner variables are related to each other.
Historical research
It is a study of past records and other information sources, studies about origin and development
of any institution or movement etc.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Qualitative research
Qualitative research involves nonnumeric data, such as opinions and literature.
Examples of qualitative data may include:
Focus groups
Surveys
Participant comments
Observations
Interviews
Businesses often use qualitative research to determine consumer opinions and
reactions.
For instance, a marketing organization may present a new commercial to a focus group
before airing it publicly to receive feedback( test marketing)
The company collects non numeric data—the opinions of the focus group participants—
to make decisions.
Quantitative research
Mixed research
Mixed research includes both qualitative and quantitative data.
Consider the car manufacturer comparing sedan sales. The company could also ask car
buyers to complete a survey after buying a red or white sedan that asks how much the
color impacted their decision and other opinion-based questions.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Exploratory research
It is a preliminary study of an unfamiliar problem, which the researcher has little or no
knowledge. It is similar to doctor’s investigation to a patient suffering from an
unfamiliar malady for getting more clues and identifying it.
The objective of Exploratory research is:
To generate new ideas
To gather more information for clarifying objects
To determine whether the study is feasible or not.
For instance, If the owner of ice cream parlor , wants to introduce new flavor of ice
cream in order to increase his sales. Hence he will conduct an exploratory research to find
out whether expanding range of flavors or any other factors will improve his sales.
Longitudinal research
Longitudinal research focuses on how certain measurements change over time without
manipulating any variables.
For instance, a researcher may examine if and how employee satisfaction changes in the
same employees after one year, three years and five years with the same company.
These are the studies in which an event or occurrence is measured Notes again and again
over a period of time. This is also known as 'Time Series Study'. Through longitudinal
study, the researcher comes to know how the market changes over time.
Cross-sectional research
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Participants are generally chosen based on certain shared characteristics, such as age,
gender or income, and researchers examine the similarities and differences within groups
and between groups.
For example, a company may research the sales techniques of its top 10% of salespeople
and compare them to the techniques used by its bottom 10% of salespeople. This can help
provide the company insights into the most successful and least successful sales methods.
Field research
Field research takes place wherever the participants or subjects are, or "on
location." This type of research requires onsite observation and data collection.
Laboratory research
Causal research
Causal research, also called explanatory research, seeks to determine cause and effect
relationships between variables. This research is designed to identify how much one
variable may cause a change in the other. Causal research is important for evaluating
current processes and procedures and determining if and how changes should take place.
Inductive research
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
This type of research examines observations and patterns and offers several hypotheses to
explain these patterns. Inductive research moves from the specific to the general.
Deductive research
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Research Process
The first and foremost task in the entire process of scientific research is to identify a
research problem.
Absenteeism
Labor turnover( attrition)
Job satisfaction etc……
But the core question is: whether all problems require research.
13
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Research questions:
A research question is a question that a researcher wants to answer.
RQ 1: Why employees absent themselves frequently ?
RQ2: Why employees take off on Mondays, or week end?
Research Objectives:
It is a concrete statement describing what the researcher is trying to achieve.
In short research objective is the description of what is to be achieved by the study.
research objective should be SMART
S : Specific
M : Measurable
A :Attainable
R : Realistic
T : Time bound.
Research hypothesis:
A research hypothesis is a conjectural statement, a logical supposition, a reasonable guess, and
an educated prediction about the nature of the relationship between two or more variables that
we expect to happen in our study.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Examples of hypothesis
Hypothesis is denoted by H 0
H01 : There is no significant relationship between Gender and employee absenteeism
H02: There is no significant relationship between Job satisfaction and employee absenteeism
There are four basic research designs that a researcher can use to conduct their study;
Descriptive research design
Exploratory research design
Causal research design
The type of research design to be chosen from among the above 3 methods depends primarily
on four factors:
The type of problem
The objectives of the study,
The existing state of knowledge about the problem that is being studied, and
The resources are available for the study.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Data refers to collections of facts and individual pieces of information. Data analysis is the act of
turning raw, messy data into useful insights by cleaning the data up, transforming it,
manipulating it, and inspecting it.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Data processing generally begins with the editing and coding of data.
Data are edited to ensure consistency across respondents and to locate omissions if any.
Step #8: Writing Research Report – Developing Research Proposal, Writing Report,
Disseminating and Utilizing Results
The researcher should consider the following factors before creating a research design:
• The method for obtaining information source
• Skills of the researcher and the co-ordinating staff
• Problem objectives
• Nature of the problem
• Time and money available for the research work
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Exploratory
Descriptive
causal
Examples:
Your university dining hall is considering adding vegan versions of its meals to its daily menu,
something it has never offered before. In this scenario, very little information is available to
point out, what is the actual cause of the problem.
We can say that the major purpose of exploratory research is to identify the problem more
specifically. Therefore, exploratory study is used in the initial stages of research.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Under what circumstances is exploratory study ideal? The following are the circumstances in
which exploratory study would be ideally suited:
1. To gain an insight into the problem
2. To generate new product ideas
3. To list all possibilities. Among the several possibilities, we need to prioritize the
possibilities which seem likely
4. To develop hypothesis occasionally.
5. To establish priorities so that further research can be conducted.
6. Exploratory studies may be used to clarify concepts and help in formulating precise
problems.
Exploratory study is also used to increase the analyst's familiarity with the problem. This is
particularly true, when the analyst is new to the problem area
Example: A market researcher working for (new entrant) a company for the first time .
Example: The management is considering a change in the contract policy, which it hopes, will
result in improved satisfaction for channel members.
An exploratory study can be used to clarify the present state of channel members' satisfaction
and to develop a method by which satisfaction level of channel members is measured .
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Literature Survey
This refers to "referring to a literature to develop a new hypothesis". The literature referred are –
trade journals, professional journals, market research finding publications, statistical publications
etc.
For example, suppose a problem is "Why are sales down?" This can quickly be analyzed with
the help of published data which should indicate, "whether the problem" is an "industry problem"
or a "firm problem".
Experience Survey:
In experience surveys, it is desirable to talk to persons who are well informed in the area being
investigated. These people may be company executives or persons outside the organisation.
Here, no questionnaire is required. The approach adopted in an experience survey should be
highly unstructured, so that the respondent can give divergent views.
Example:
(a) A group of housewives may be approached for their choice for a "ready to cook product".
(b) A publisher might want to find out the reason for poor circulation of newspaper
introduced recently
He might meet
(i) Newspaper sellers
(ii) Public reading room
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Focus Group: Another widely used technique in exploratory research is the focus group.
In a focus group, a small number of individuals are brought together to study and talk about
some topic of interest. The discussion is co-ordinated by a moderator. The group usually is of 8-
12 persons. While selecting these persons, care has to be taken to see that they should have a
common background and have similar experiences in buying .
During the discussion, future buying attitudes, present buying opinion, etc., are gathered
Case Studies:
Analysing a selected case sometimes gives an insight into the problem which is being
researched. Case histories of companies which have undergone a similar situation may be
available.
These case studies are well suited to carry out exploratory research. However, the result of
investigation of case histories are always considered suggestive, rather than conclusive.
In case of preference to "ready to eat food", many case histories may be available in the form of
previous studies made by competitors. We must carefully examine the already published case
studies with regard to other variables such as price, advertisement, changes in the taste, etc.
For example, it can describe the characteristics of a group such as – customers, organisations,
markets, etc.
Descriptive research provides "association between two variables" like income and place of
shopping, age and preferences.
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
What descriptive research cannot indicate is that it cannot establish a cause and effect
relationship between the characteristics of interest. This is the distinct disadvantage of
descriptive research.
Descriptive study requires a clear specification of "Who, what, when, where, why and how" of
the research.
For example, consider a situation of convenience stores (food world) planning to open a new
outlet. The company wants to determine, "How people come to patronize a new outlet?"
Some of the questions that need to be answered before data collection for this descriptive study
are as follows:
1. Who? Who is regarded as a shopper responsible for the success of the shop, whose
demographic profile is required by the retailer?
2. What? What characteristics of the shopper should be measured?
3. Is it the age of the shopper, sex, income or residential address?
4. When? When shall we measure?
5. Should the measurement be made while the shopper is shopping or at a later time?
6. What is the purpose of measurement? Based on the information, are there any strategies
7. which will help the retailer to boost the sales? Does the retailer want to predict future
sales based on the data obtained?
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Types of
Descriptive
studies
Cross-sectional
Longitudinal study
study
Longitudinal Study:
These are the studies in which an event or occurrence is measured again and again over a period
of time. This is also known as 'Time Series Study'.
Through longitudinal study, the researcher comes to know how the market changes over time.
25
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Longitudinal survey research involves conducting survey research over a continuum of time and
spread across years and decades. The data collected using this survey research method from one
time period to another is qualitative or quantitative. Respondent behavior, preferences, attitudes
are continuously observed over time to analyze reasons for a change in behavior or preferences.
For example, suppose a researcher intends to learn about the eating habits of teenagers. In that
case, he/she will follow a sample of teenagers over a considerable period to ensure that the
collected information is reliable. Often, cross-sectional survey research follows a longitudinal
study.
Longitudinal studies involve panels. Panel once constituted will have certain elements. These
elements may be individuals, stores, dealers, etc.
The panel or sample remains constant throughout the period. There may be some dropouts and
additions. The sample members in the panel are being measured repeatedly. The periodicity of
the study may be monthly or quarterly etc .
Types of Panel
There are two types of panels:
• (a) True panel (b) Omnibus panel.
(a) True panel: This involves repeat measurement of the same variables.
Example: Perception towards frozen peas or iced tea. Each member of the panel is examined at
a different time, to arrive at a conclusion on the above subject.
(b) Omnibus panel: In omnibus panel too, a sample of elements is being selected and
maintained, but the information collected from the member varies.
At a certain point of time, the attitude of panel members "towards an advertisement" may be
measured. At some other point of time the same panel member may be questioned about the
"product performance".
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Cross-sectional Study:
A cross-sectional study is a type of research design in which you collect data from many
different individuals at a single point in time. In cross-sectional research, you
observe variables without influencing them.
Cross-sectional study is one of the most important types of descriptive research, it can be done in
4 ways:
i) Field study
ii) Field survey
iii) Survey
iv) Observational studies.
Survey
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Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
(a) Field study: This includes a depth study. Field study involves an in-depth study of a problem,
such as reaction of young men and women towards a product
c) Survey
The survey is a research technique in which data are gathered by asking questions of
respondents.
Survey research is one of the most important areas of measurement in applied social research.
The broad area of survey research encompasses any measurement procedures that involve asking
questions of respondents.
28
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
A "survey" can be anything form a short paper-and-pencil feedback form to an intensive one-on-
one in-depth interview.
Types of Surveys Surveys can be divided into two broad categories: the questionnaire and the
interview.
Questionnaires are usually paper-and-pencil instruments that the respondent completes.
Interviews are completed by the interviewer based on the respondent says.
d) Observation Studies
Observation, as the name implies, is a way of collecting data through observing. This data
collection method is classified as a participatory study, because the researcher has to immerse
herself in the setting where her respondents are, while taking notes and/or recording. Observation
data collection method may involve watching, listening, reading, touching, and recording
behavior and characteristics of phenomena.
The meaning of causal research is to determine the relationship between a cause and
effect. It is also known as explanatory research. A variation in an independent variable is
observed, which is assumed to be causing changes in the dependent variable. The
29
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
changes in the independent variable are measured due to the variation taking place in the
dependent variable.
For example, when a company wants to study the behavior of their consumers towards
the changing price of their goods, they use causal research.
1. Causal research helps identify the causes behind processes taking place in the system. Having
this knowledge helps the researcher to take necessary actions to fix the problems or to
optimize the outcomes.
2. Causal research provides the benefits of replication if there is a need for it.
3. Causal research helps identify the impacts of changing the processes and existing methods.
4. In causal research, the subjects are selected systematically. Because of this, causal research is
helpful for higher levels of internal validity.
1. The causal research is difficult to administer because sometimes it is not possible to control
the effects of all extraneous variables.
2. Causal research is one of the most expensive research to conduct. The management requires a
great deal of money and time to conduct research.
3. One disadvantage of causal research is that it provides information about your plans to your
competitors. For example, they might use the outcomes of your research to identify what you
are up to and enter the market before you.
4. The findings of causal research are always inaccurate because there will always be a few
previous causes or hidden causes that will be affecting the outcome of your research. The
results of your research can be contaminated as there will always be a few people outside your
market that might affect the results of your study.
30
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
5. Another disadvantage of using causal research is that it takes a long time to conduct this
research. The accuracy of the causal research is directly proportional to the time you spend on
the research as you are required to spend more time to study the long-term effects of a
marketing program.
6. Coincidence in causal research is the biggest flaw of the research. Sometimes, the coincidence
between a cause and an effect can be assumed as a cause and effect relationship.
7. Sometimes, it is easy for a researcher to identify that two variables are connected, but to
determine which variable is the cause and which variable is the effect is challenging for a
researcher.
1. To test the market for a new product by collecting data about its sales potential.
2. To check the performance or effectiveness of a new advertising campaign to decide whether
to continue it or not.
3. To measure the improvement in the performance of employees after providing them training
on a new skill.
4. To examine the effects of re-branding initiatives based on the level of loyalty of customers
31
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
Research methods are the techniques and Methodology explains and justifies the
tools by which you research a subject or a techniques and tools by which you may
topic. proceed with your research.
32
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
33
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
34
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore
BUSINESS RESEARCH METHODS UNIT 1
35
Notes Compiled by
M.S.Kokila
Senior Assistant Professor,
New Horizon College, Marathalli, Bangalore