02. Research Process

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    ResearchProcess

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    Doing Research

    Broad Problem area Preliminary information gathering

    Research problem definition/ Research questions/Objectives of the study

    Theoretical Framework / Review of Literature Tentative hypothesis / models development

    Research design

    Execution of research study

    Data preparation and analysis

    Reporting results / Writing report

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    Dr. P.K Baby, SNGIST, 2008 3

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    The formulation of the

    problem is often moreessential than its solution.

    Albert Einstein

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    Sources of Research Topics

    Thesis and dissertation of self and others

    Articles in academic and professional journals

    Conference proceedings

    Books and book reviews Discussion with experts

    Potential users of research

    Research guide and colleagues

    Media

    Researchers own effort.

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    Where do research topics come from?

    Experience of practical problems in the

    field

    Ideas in the literature

    A problem well defined is a problem

    half solved!

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    Identifying Research problem

    Splitting the area into sub areas

    Areas of research interest

    Researchers favourite discipline

    Locating broader topics within the sub areas

    Dividing topics into sub topics

    Deciding on significant issues

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    Identifying Research Problem: Example

    Discipline

    Areas

    Sub area

    Topic

    Sub topics

    Issues

    Financial Management

    Financial ServicesFinancial Products

    Banking Insurance Mutual Fund

    Retail Corporate Treasury

    DepositoryAdvisory

    Product

    development

    Product

    distribution

    Product

    pricing

    Customer

    satisfaction

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    Survey / Review of Literature

    One of the preliminary, essential and

    purposeful tasks to be done by the

    researcher in order to acquaint oneselfwith the available body of knowledge in

    the chosen area of interest.

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    Survey / Review of Literature

    Broad areas of work and specific issues

    Focused reading

    Classification according to themes

    Details but NOT so detailed

    Pointedly critical

    Thememethoddataanalysis

    Review and NOT description

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    Formulation of a Research Problem

    Involves developing and refining initial

    research idea into articulate, specific,

    measurable, achievable relevantresearchable problem through a careful

    search and understanding of the literature

    and utilising information from othersources.

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    Formulation of a Research Problem

    A well defined problem is : Establishes significance of the study

    o Others to agree that - Worth investigating | answers wouldadvance knowledge | improve practice | improve human

    conditions in general Enhances clarity of the study

    o Others become aware of the researchers views andperceives researchers position and agree with the idea ofresearch

    Ensures feasibility of the studyo Appropriately operationalised

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    Statement ofResearch Objectives

    Problem Definition

    Defining Problem Results in

    Clear Cut Research Objectives

    ExploratoryResearch(Optional)

    Analysis of

    the Situation

    Symptom Detection

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    Defining research problem

    Ascertain

    thedecision

    makers

    objectives

    Understand

    theBackground

    of the

    problem

    Isolate and

    identify theproblem,

    not

    symptoms

    Determine

    the unit ofanalysis

    Determine

    therelevant

    variables

    State the

    researchquestions

    and

    research

    objectives

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    Defining research problem

    Iceberg principle

    The dangerous part of many business problems, likesubmerged portion of the iceberg, is neither visible

    nor understood by mangers. Situation Analysis

    A Preliminary investigation or informal gathering of

    background information to familiarize researchers ormanagers with the decision area

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    Problem DefinitionOrganization Symptoms Based on Symptom True Problem

    Twenty-year-oldneighborhoodswimmingassociation in amajor city.

    Membership has beendeclining for years.New water park with

    wave pool and waterslides moved intotown a few years ago.

    Neighborhoodresidents prefer theexpensive water

    park and havenegative image ofswimming pool.

    Demographic changes:Children in this 20-year-old neighborhood

    have grown up. Olderresidents no longerswim anywhere.

    Symptoms may be confusing

    Brewery Consumer preferstaste of competitors

    product

    Tastes of brewerys

    products needs to be

    reformulated

    Old fashionedpackage is

    influencing tasteperception

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    Components of a Research Problem

    Originating Questions

    Objectives

    Concepts

    Variables

    Hypothesis

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    Originating Questions

    Gaps in the existing body of knowledge

    Apparent inconsistencies perceived

    Flashes of insight

    Methods

    Survey of literature

    Experience Survey

    First hand observation

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    Research Objectives

    Set the direction of the study and relate the study tospecific aspects of bits of knowledge that need tobe gathered to fulfill the information requirementshighlighted in the research problem.

    Stated in action terms

    Serve as standard to evaluate the quality and valueof the research

    Specific, measurable, achievable, relevant, timebound, appropriately worded and unambiguous.

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    Developing Objectives

    Breakup the research into components

    Detect the elements that breakup components

    Determine what aspects, facets or angle of the topic

    need to be focused on Thereby delimiting the scope of the study

    To study about the volatility in sensex during the period2000 2010

    To find out the factors influencing placemats of MBAstudents at IBS.

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    Concepts

    A concept is a generalized idea about a

    class of objects, attributes, occurrences or

    process that has been given a name. Abstraction of reality that is the basic unit

    of theory development

    In organizational theory leadership, productivity,morale are concepts

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    Determine the Relevant Variables

    Anything that may assume different

    values

    Dependent IndependentCategorical Continuous

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    Theoretical Framework

    Is a conceptual Model of how one makes logicalsense of relationship among several factors

    Is the network of relationships among the variables

    considered important to the study

    It offers conceptual framework to proceed withresearch

    Testable hypothesis can be formulated fromtheoretical framework

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    Hypotheses

    A hypothesis is an unproven proposition that is empiricallytestable.

    More powerful in confirmatory research, ratherexploratory.

    The null hypothesis is a hypothesis about a populationparameter.

    The null hypothesis is often the reverse of what theexperimenter actually believes; it is put forward to allow

    the data to contradict it. The null hypothesis is like presumption of innocence.

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    Types of Hypothesis

    Based on Empirical Uniformities Uni-variate and descriptive

    Certain property or characteristics of a group

    Average height of men is 5.5 feet

    Based on Association Between variable Bi-variate and explanatory

    Association between variable, =, > or