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Meaning
It is the search for the knowledge; it is the pursuit of truth with the
help of study, observation and experiment.
Research is the original contribution to the existing stock of
knowledge.
It is careful investigation or enquiry especially through search for new
facts in any branch of knowledge.
Research identifies the problem and finding the scientific and
permanent solution.
Definitions
Clifford woody defined: Research may be defined as defining and
redefining problems formulating hypothesis, collecting, organizing
and evaluating data making decision.
Hudson maxim defined: “All progress is born of inquiry
It leads to inquiry and
Inquiry leads to invention”
Objectives
To gain to new insides to a particular phenomenon (Study with this
objective in view Exploratory research)
To assess accurately to characters of a particular individual situation
(Study with this objective in view descriptive research).
To determine the frequency with which something occurs and its
association something others. (Study with this objective in view
Diagnostic research).
To test the causal relationship between variables (Study with this
objective Hypothesis testing research)
Nature of research
Research means the search for truth
Research is the pursuit of truth with the help of study, observation,
and experiment.
Research is to the systematic and critical investigation into a
phenomenon.
It adopts the scientific method
It is based upon observable experience.
BUSINESS RESEARCH
Business research is a process of acquiring detailed information of all
the areas of business and using such information in maximizing the
sales and profit of the business. Such a study helps companies
determine which product/service is most profitable or in demand.
Business research can be done for anything and everything
Applied research
It is also called action research. Applied research aims at finding a
solution for an immediate problem facing society or an industrial or
organization. In thus problem- oriented and action-oriented, there is
a vast scope for applied research in the fields of technology,
management, commerce, economics and other social sciences.
The critical aim of applied research is to discover a solution for some
pressing practical problem.
It deals with practical problem
It is opposed to pure research
Applied research can be divided into two categories
Problem-solving research- - Particular issue
Problem – oriented research—Class of issues
2.Qualitative research Vs Quantitative research
Qualitative research
Motivation research is an important type of qualitative research. This
research is especially important in the behavioral sciences where the
aim is to discover the underplaying motives of human behavior.
It is a scientific method of observation to gather non-numerical data.
This type of research "refers to the meanings, concepts, definitions,
characteristics, metaphors, symbols, and description of things" and
not to their "counts or measures".
It is referred to assessment of attitudes, opinions and behavior.
It leads to development of logical and scientific thinking.
It is useful to solving various operational problems.
It is useful to finding solution to social problems.
Quantitative research
Quantitative research is defined as a systematic investigation of
phenomena by gathering quantifiable data and performing statistical,
mathematical, or computational techniques. Quantitative research
related to aspects that can be quantified.
It involves the measurement of quantity or amount
It refers to generation of data in quantities.
Quantitative research classified into three types
Informal approach: It is also known as survey research
Experimental approach: Control over variable
Simulation approach: Artificial research
3.Exploratory research Vs Descriptive research
Exploratory research
Exploratory research is a research conducted for a problem that has
not been studied more clearly, intended to establish priorities,
develop operational definitions and improve the final research
design. Exploratory research helps determine the best research
design, data-collection method and selection of subjects.
A need for an exploratory research is felt to gain experience that will
be helpful in formulating relevant hypothesis for more definite
investigation.
a.Survey of literature
A review of the literature helps to identify the hypothesis which may
serve as a guide for further investigation
b.Experience survey
Every day experience provides opportunity to obtain information
required to formulate hypothesis.
Descriptive research (for data collection)
This study may all the methods of data collection such as interview
questionnaire and observation test. This study formulating the
objectives, designing, the methods of data collection, selecting the
sample collecting, processing and analyzing the data & reporting the
findings.
This research is defined as a research method that describes the
characteristics of the population or phenomenon that is being
studied. This methodology focuses more on the “what” of the
research subject rather than the “why” of the research subject.
It may be simple or complex
It is a fact-finding
It is the simplest type of research
Experimental research
Experimental research is a study that strictly adheres to a scientific
research design. It includes a hypothesis, a variable that can be
manipulated by the researcher, and variables that can be measured,
calculated and compared.
Experimental research is commonly used in sciences such as
sociology and psychology, physics, chemistry, biology and medicine
etc
It is a collection of research designs which use manipulation and
controlled testing to understand causal processes. Generally, one or
more variables are manipulated to determine their effect on a
dependent variable.
The experimental method is a systematic and scientific approach to
research in which the researcher manipulates one or more variables,
and controls and measures any change in other variables.
Experimental Research is often used where
1.There is time priority in a causal relationship (cause precedes
effect)
2.There is consistency in a causal relationship (a cause will always
lead to the same effect)
3.The magnitude of the correlation is great.
Research process contains a series of closely related activities which
has to carry out by a researcher.
Research process requires patients. There is no measure that shows
your research is the best. It is an art rather than a science.
Following are the main steps in social or business research process.
1.Selection of Research Problem
2.Extensive Literature Survey
3.Making Hypothesis
4.Preparing the Research Design
5.Sampling
6.Data collection
7.Data Analysis
8.Hypothesis Testing
9.Generalization and Interpretation
10.Preparation of Report