Professional Documents
Culture Documents
MARKET
Existing products
Any holes?
RAW
MATERIALS
Sources
Chemical properties
Constraints of use?
PRODUCT
Ingredients
Process parameters
Quality?
instrumental,
sensory,
microbiological...
CONSUMERS
Characteristics
Preferences
Target group?
http://yourstory.com/2015/11/cherry-comet/
http://yourstory.com/2015/11/id-fresh/
http://yourstory.com/2015/11/startups-social-mission
http://business.nab.com.au/high-techtomatoes-with-traditionally-good-flavour-211239/
https://www.gov.uk/government/news/reducinganimal-use-in-research-apply-for-businesscontracts
http://www.inspire21.com/stories/businessstories/Iwilldropmypr
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Business Research
Business research is the application of the
scientific method in searching for the truth
about business phenomena.
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Business Research
This definition suggests that business
research information is:
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Example:
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Product-oriented
Production-oriented
Marketing-oriented
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Business Orientations
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opportunities
3. Selecting and implementing a course of
action
4. Evaluating the course of action
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Exploratory Research
Conducted to clarify ambiguous situations or discover
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Descriptive Research
Describes characteristics of objects, people,
groups, organizations, or environments.
Addresses who, what, when, where, why, and
how questions.
Considerable understanding of the nature of
the problem exists.
Does not provide direct evidence of causality.
Diagnostic analysis
Seeks to diagnose reasons for market
Causal Research
Research conducted to identify cause and
effect relationships (inferences).
Evidence of causality:
o Temporal sequencethe appropriate causal order
of events.
o Concomitant variationtwo phenomena vary
together.
o No spurious associationan absence of
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Degrees of Causality
Absolute Causality
The cause is necessary and sufficient to bring
Conditional Causality
A cause is necessary but not sufficient to bring
about an effect.
Contributory Causality
A cause need be neither necessary nor
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Experiments
Experiment
A carefully controlled study in which the researcher
Experimental variable
Represents the proposed cause and is controlled by the
Manipulation
The researcher alters the level of the variable in specific
increments.
Test-market
An experiment that is conducted within actual market
conditions.
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Flowcha
rt of the
Busines
s
Researc
h
Process
Research Objectives
Research objectives
The goals to be achieved by conducting
research.
Deliverables
The consulting term used to describe research
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Pilot Studies
Pretest
A small-scale study in which the results are only
preliminary and intended only to assist in design of a
subsequent study.
Focus Group
A small group discussion about some research topic led
by a moderator who guides discussion among the
participants.
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Research Design
A master plan that specifies the methods and
procedures for collecting and analyzing the
needed information.
Basic design techniques for descriptive and
causal research:
Surveys
Experiments
Secondary data
Observation
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Telephone
Internet
In person
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Sampling decisions
Who to sample?target population
What size should the sample be?
How to select the sampling units?
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Codes
Rules for interpreting, categorizing, recording, and
Data analysis
The application of reasoning to understand the
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Reporting requirements
Conclusions fulfill the deliverables promised in the research
proposal
Consider the varying abilities of people to understand the
research results
A clearly-written, understandable summary of the research
findings
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