RM - MoD 2 Part 2
RM - MoD 2 Part 2
• Exploratory • “discovery”
And
• Conclusive
• Descriptive • “relationships”
• Causal • “cause-and-effect”
• Exploratory Research
• Causal Research
• Descriptive Research
Exploratory research
• As the term suggests, exploratory research
design deals with exploring into the
phenomenon.
• Exploratory research is defined as a research
used to investigate a problem which is not
clearly defined.
• It is conducted to have a better
understanding of the existing problem, but
will not provide conclusive results.
• For such a research, a researcher starts with a
general idea and uses this research as a
medium to identify issues, that can be the
focus for future research.
• In case of marketing research, it is used in
cases when the problem must be defined
more precisely, and to gain additional
insights before an approach can be
developed.
• It is not used most times to generate a course
of action for decision making.
• An important aspect here is that the
researcher should be willing to change
his/her direction subject to the
revelation/exposure of new data or insight.
• Such a research is usually carried out when
the problem is at a preliminary stage.
• It is often referred to as grounded theory
approach or interpretive research as it used
to answer questions like what, why and how.
• Among all the three classified research
designs above,
• Exploratory research designs incorporates the
least amount of scientific method and rigour
because of aims and structure.
• Some examples of exploratory research designs
include
• Literature review,
• Experience Survey,
• focus groups,
• Case Study,
• In-depth interviews,
• Online
• Interview, and
• projective techniques.
For example:
• Consider a scenario where a juice bar owner
feels that increasing the variety of juices will
enable increase in customers, however he is
not sure and needs more information.
• The owner intends to carry out an exploratory
research to find out if expanding their juices
selection will enable him to get more
customers of if there is a better idea.
• At the exploratory design stage, the
information is loosely defined
• Exploratory research design focuses on
collecting either secondary or primary data
using an unstructured format or informal
procedures to interpret them.
Types and methodologies of
Exploratory research
• While it may sound a little difficult to research
something that has very little information
about it, there are several methods which can
help a researcher figure out the best research
design, data collection methods and choice of
subjects.
• There are two ways in which research can be
conducted namely
• primary and secondary.. Under these two
types, there are multiple methods which can
used by a researcher.
• The data gathered from these research can
be qualitative or quantitative.
• Some of the most widely used research
designs include the following:
Secondary research methods