Professional Documents
Culture Documents
Welcome to Module 1 – INTRODUCTION TO
BUSINESS RESEARCH
In this module, we will discuss the fundamentals of research and more specifically the
business research. You are going to be equipped with the classification of
research, how the scientific method is used to develop new knowledge and the
importance of conducting a research with the use of a research plan as a roadmap. At
the end of this module, you are going to classify research by purpose and methods of
doing it as how you apply the lessons you learned from this module in reality.
We are now set for your research journey! Have fun while learning and doing the
research process! Augustinian researchers here we go…..
MODULE 1 LEARNING OBJECTIVES:
By the end of this module, the students will be able to:
1. define what is business research
2. differentiate the different types of research according to purpose and
methods.
COURSE CONTENT FOR MODULE 1:
INTRODUCTION TO BUSINESS RESEARCH
TIME TO
ACTIVITY DESCRIPTION
COMPLETE
Lecture discussion Fundamentals of Research 1 hour
Question and
Question and Answer on the Discussed Topic 30 min.
Answer
Lecture discussion Classification of Research 1 hour
Online Research Online Research on research works 1 hour and 30 min.
Brainstorming Findings in the Conduct of Online Research I hour
Classify researches Classify researches 30 hour
Quiz Summative quiz for module 1 30 min.
LECTURE DISCUSSIONS
FUNDAMENTALS OF RESEARCH
You’re here starting to study business research, both the process and the tools needed
to reduce risk in managerial decision making. Business research is a systematic inquiry
that provides information to guide managerial decisions. It is also a process of planning,
acquiring, analyzing, and disseminating relevant data, information and insights to
decision makers in ways that mobilize the organization to take appropriate action which
in turn maximize performance (Cooper & Schindler, 2014).
Furthermore, business research is the systematic and objective identification, collection,
analysis, dissemination, and use of information for the purpose of improving decision
making related to the identification and solution of problems and opportunities in
business and management.
What is the purpose of the Business research?
Business research is conducted purposely to investigate some existing problems or new
opportunities as well as to find solutions to problems and to exploit opportunities that
would help decision makers come up with smart decisions.
In developing a research design suitable for a specific research problem, take into
consideration the factors such as the objective of the problem to be studied; the nature
of the problem to be studied, the time and the money available for the research work,
the method of collecting information and the availability of good and skilled researchers.
FACTORS THAT STIMULATE THE STUDY OF RESEARCH
1. Information overload
2. Technological connectivity
3. Shifting global centers of economic activity and competition.
4. Increasingly critical scrutiny of big business
5. More government intervention
6. Battle for analytical talent
7. Greater computer power and speed
Lower-cost data collection
Better visualization tools
Powerful computations
More integration of data
Real time access to knowledge
perspective on established research methodologies
Managers have access to information from other sources aside from the information
derived from business research. Understanding the relationship between business
research and other sources of information such as decision support system (DSS) and
business intelligence is considered critical for understanding how information drives
decisions relating to companies’ mission, goals, strategies and tactics.
THE RESEARCH PROCESS
The research process involves similar activities regardless of area of research or
research methodology. The process express scientific method using the steps as
follows: statement of the problem, generating hypothesis, review of relevant literature
and studies, creating measures, choosing the samples, collecting data, analyzing the
data and reporting results as shown in the illustration:
SUPPLEMENTAL READING
Detailed discussion of the research process could be access thru this link:
http://samples.jbpub.com/9781449627843/Chapter1.pdf
For real life application, our view of the research process, the management question –
its origin, selection, statement, exploration and refinement are the critical activities in the
research process.
A management dilemma triggers the need for a decision such as growing complaints of
customers, a controversy arises, major commitment of resources are called for or
conditions in the business environment signal the need for a decision, thus conduct
business research starting with a thorough understanding of the management question.
Hence, business research process involves the stages as follows:
1. Clarifying the research question
2. Proposing research
3. Designing the research project
4. Data collection and preparation
5. Data analysis and interpretation
6. Reporting the results
WHAT IS GOOD RESEARCH?
1. Purpose clearly defined
2. Research process detailed
3. Research design thoroughly planned
4. High ethical standards apply
5. Limitations frankly revealed
6. Adequate analysis for decision makers’ needs
7. Findings presented unambiguously
8. Conclusions justified
9. Researchers experience reflected
ETHICS IN BUSINESS RESEARCH
Ethics are norms or standards of behavior that guide moral choices about our behavior
and our relationship with others. Hence, the goal of ethics in research is to ensure that
no one is harmed or suffers adverse consequences from research activities. Unethical
activities are pervasive such as follows:
1. Violating non-disclosure agreement
2. Breaking participant confidentiality
3. Misrepresenting results
4. Deceiving people
5. Using invoicing irregularities
6. Avoiding legal liability
ETHICAL TREATMENT OF PARTICIPANTS
1. Explain study benefits
2. Explain participants rights and protection
3. Obtain informed consent
ETHICS AND THE SPONSOR
1. Confidentiality
Sponsor non-disclosure
2. Sponsor-Researcher Relationship- both of them should fulfill their respective
obligations
Source of Manager-Researcher Conflict
1. Knowledge gap between the researcher and the manager
2. Job status and internal political coalitions to preserve status
3. Unneeded or inappropriate research
4. The right to quality research
Sponsor’s Ethics
Unethical behavior that must be avoided:
1. Violating participants confidentiality
2. Changing data or creating false data to meet a desired objective
3. Changing data presentation or interpretation
4. Interpreting data from a biased perspective
5. Omitting sections of data analysis and conclusions
6. Making recommendations beyond the data collected
ETHICS AND RESEARCHERS AND TEAM MEMBERS
1. Right to safety
2. Protection of anonymity of the participants and confidentiality of the sponsor’s
information
SUPPLEMENTAL VIDEOS... WATCH THESE
To broader your understanding on the fundamentals of research, please watch the
video through this link:
MODULE 2 OVERVIEW:
MODULE 3 OVERVIEW:
MODULE 4 OVERVIEW: