RM PP Slide_Chap2
RM PP Slide_Chap2
organizations
implementation and evaluation of the
Better technical training, usually
research recommendations
Takes time to know and understand the
Disadvantage
• The researcher has to exhibit and practice good conduct throughout the
research endeavor.
Chapter 2
Scientific Investigation
• Not based on hunches, experience, and intuition (though these may play a part in final
decision making), but is purposive and rigorous.
• Tends to be more objective than subjective and helps managers and business people
highlight the most critical factors at their organizations that need specific attention so as
to avoid, minimize or identify and solve problems.
• Has to be an organized and systematic process where problems and opportunities are
carefully identified, data, scientifically gathered and analyzed, and conclusions are drawn
in an objective manner for effective decision-making.
• Rigor
– Based on a solid theoretical base and sound methodological design using appropriate instruments
to meet the stated objectives
• Testability
– The ability to subject the data collected to appropriate statistical tests, in order to substantiate or
reject the hypotheses developed for the research study.
• Replicability
– Results can be supported again and again when the same type of research is repeated.
Business Research Methods |
Hallmarks of scientific research
• Accuracy - Precision and Confidence
– The degree of closeness of the estimated sample characteristics to the population parameters, determined by the
extent of the variability of the sampling distribution of the sample mean.
– The probability estimate of how much reliance can be placed on the findings; the usual accepted level of
confidence in social science research is 95%.
• Objectivity
– Conclusions drawn based on the interpretation of results and facts based on findings derived from the results of
analyzing actual data.
• Generalizability
– The applicability of research findings in one setting to others.
• Parsimony
– Efficient explanation of the variance in the dependent variable of interest through the use of a smaller, rather than
a larger number of independent variables.
Customer complaints were mounting, and letters of complaint regarding the problems they
experienced with the residential telephones lines were constantly pouring in at the Friendly
Telephone Company. The company wanted to pinpoint the specific problems and take corrective
action.
Researchers were called in, and they spoke to a number of customers, noting down the nature of
the specific problems they faced. Since the problem had to be attended to very quickly, they
developed a theoretical base, collected relevant detailed information from a sample of 100
customers, and analysed the data. The results are expected to be fairly accurate with at least an
85% chance of success in problem solving. The researchers will make recommendations to the
company based on the results of data analysis.
Business Research Methods | 11
Some obstacles to conducting Scientific Research in the
Management and Behavioral areas
Chapter 2
Continue:
Type of Research: Basic vs Applied
Reasoning: Deduction and Induction
Research Approach: Quantitative, Qualitative, Mixed Methods
Research Paradigm: Positivism, Constructivism, Pragmatism
Research Process: Hypothetico-Deductive
Theory
Develop Hypothesis
Formulate Relationships
Develop Theory
Business Research Methods |
The Mixed Approach (Deductive and Inductive) Process
Develop/ Use
Existing Theory
Formulate
Develop Hypothesis
Relationships