Mgt602 Lecture 4
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Transcript of Mgt602 Lecture 4
![Page 1: Mgt602 Lecture 4](https://reader037.fdocuments.in/reader037/viewer/2022110216/577c85a71a28abe054be0c19/html5/thumbnails/1.jpg)
Research Methodology
Lecture No : 4(Theoretical Framework)
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Recap
• Literature Review involves searching and documenting
• There are different formats of Documenting (APA)
• There is a structure of review (importance, objectives, definitions, relationships identified, gaps)
• Theoretical framework is representation of your belief on how variables related and why
• Variables are of 4 different kinds
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Theoretical Framework• After conducting literature review, survey and
defining the problem (research questions)• We develop our theoretical framework• Theoretical framework is a conceptual model of how
we theorarize the relationships among several factors that have been identified to the problem.– Problem is depleting sales – Factors influencing are quality of products, price,
competition etc ( based on the literature)
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• Based on the previous literature we discuss the interrelationship between the different variables which are of interest to us and concerns the problem.
• By developing this kind of conceptual framework would help us claim and test certain relationships.
• i.e. From this framework we develop hypothesis statements which are then tested to find out if our theory was valid or not
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Sales
Quality
Price
Competition
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Types of Variables
• Dependent – (Criterion Variable) – primary interest – Describe or explain the variability or predict it.– We study what variables influence dependent
variable – So by studying these we might able to find a
solution of the problem– E.g. Sales are low , employee loyalty is
dropping
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• Independent – (Predictor variable)– Which influences the dependent variable– The influence might be positive or negative– When independent variable is present the
dependent variable is also present.– With each unit of increase in independent
variable there is an increase or decrease in the dependent variable
– E.g. Advertising on sales, recognition on loyalty
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Exercise : List the independent variable
• A manager believes that good supervision and training would increase the production level of the workers.
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Moderating Variables
• Moderating Variables have strong contingent (conditional) effect on the independent – dependent variables relationship.
• i.e. in the presences of the a third variable the relationship between the independent and dependent is modified
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Distinction between Independent and Moderating Variable
• Some times one gets confused as to when a variable is to be treated as independent variable and when it becomes a moderating variable
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Situation A
Willingness to learn new ways
Quality of Training
Programs
Growth Need of
employee
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Situation B
Willingness to learn
new waysQuality of
Training Prog
Growth Need
High/Low
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• Both the scenarios have 3 variables• First scenario training programs and growth
needs are independent variables that influence the dependent variable
• Second scenario dependent variable stays the same growth need becomes the moderating variables
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• i.e. only those who have high growth need will become more willing to learn new things when quality of the trainings is increased.
• Hence the relationship between dependent and independent variable become contingent (conditional) on the existence of the moderator.
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The linear effect of training and growth need on willingness
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The effect of training is contingent on high/low growth need (slope/intensity)
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Mediating/Intervening
• A variable which surfaces between the time the independent variable operates to influence the dependent variable.
• Temporal /sequential quality• Surfaces as a function of the independent variable
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Exam diff Exam Performance
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Exam Difficulty
StressExam
Performance
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Workforce Diversity
Organization Effectiveness
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Integrating Moderating, Mediating Variables
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Theoretical Framework • Is a conceptual model• Foundation of the research• Logically developed, described and elaborated
network of association as a result of interviews, observation and literature survey.– So we identify a problem– Identify the important variables from literature etc.– Logically developing network of associations and elaborate
– Generate hypotheses and later tested
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Components of Theoretical Framework
• Identification of variables ( name and type)• Discussion how and why these variables are related• Direction of the relationship need to be theorized
and discussed (positive/negative)• Discussion on why these relationships exists, support
from previous research.• A schematic diagram
• Note: Must read example on page 93
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Recap
• Types of Variables– Independent, Dependent, Moderating, Mediating(
Intervening)• Examples of their relationships with each
other• Developing of Theoretical Framework
– Variables, logical Relationships, Directions, Explanations