1The Scientific Research [Compatibility Mode]

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    The Scientific Research

    Author: Dr.K.Chitra, Professor & Head, Department of Management Studies, Sri Ramakrishna Engineering College, Coimbatore - 22.

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    What is Research?

    Systematized effort to gain new knowledgeRedman and Mory

    the manipulation of things, concepts or symbols forthe purpose of generalizing to extend, correct orverify knowledge, whether that knowledge aids inconstruction of theory or in the practice of an art -D.S. Lesinger and M.Stephenson

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    Author: Dr.K.Chitra, Professor & Head, Department of Management Studies, Sri Ramakrishna Engineering College, Coimbatore - 22

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    Defining and redefining problems, formulatinghypothesis or suggested solutions; collecting, organizingand evaluating data; making deductions and reachingconclusions; and at last carefully testing the conclusionsto determine whether they fit the formulated hypothesis

    Clifford Woody

    Business research is an organized, systematic, data-based, critical, objective, scientific inquiry or investigationinto a specific problem undertaken with the purpose offinding solutions to it.

    Author: Dr.K.Chitra, Professor & Head, Department of Management Studies, Sri Ramakrishna Engineering College, Coimbatore - 22.

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    Factors stimulating interest inresearch

    Explosive growth and influence of internet

    Stakeholder are more demanding

    Vigorous competition

    More government intervention

    More complex decision Greater computing power and speed

    Author: Dr.K.Chitra, Professor & Head, Department of Management Studies, Sri Ramakrishna EngineeringCollege, Coimbatore - 22.

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    Importance of knowledge of Researchin business

    Business world is more complicated and complex

    Enables to identify and define opportunities and problems

    Identify critical issues, and implement the right course of action throughstrategies /tactics

    Understand, predict and control the environment

    Identify problem situation before they get out of control

    To interact with the research consultants effectively and to get themaximum benefit out of them

    Author: Dr.K.Chitra, Professor & Head, Department of Management Studies, Sri Ramakrishna Engineering College, Coimbatore - 22.

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    Evaluate and discriminate the research findings

    based on the soundness of methodology Understand the research reports prepared by

    professionals so as to take intelligent, educated,calculated risks

    Avoid making decisions on subjective or biasedmanner

    Author: Dr.K.Chitra, Professor & Head, Department of Management Studies, Sri Ramakrishna Engineering College, Coimbatore - 22

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    Hallmarks of Scientific Research

    Purposiveness

    Precision and Confidence Rigor

    Generalizability

    Replicability Parsimony

    Testability

    ObjectivityAuthor: Dr.K.Chitra, Professor & Head, Department of Management Studies, Sri Ramakrishna Engineering College, Coimbatore - 22.

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    The Building Blocks of Science in Research

    Deduction

    Induction

    Hypothetico-deductive

    The Process Observing the phenomena

    Identifying the problem

    Constructing theory

    Developing hypotheses Developing the research design

    Collecting data

    Analyzing the data and

    Interpreting the results

    Author: Dr.K.Chitra, Professor & Head, Department of Management Studies, Sri Ramakrishna Engineering College, Coimbatore - 22.