3 - business research design

Upload: hmntkhandekar

Post on 07-Apr-2018

240 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/4/2019 3 - Business Research Design

    1/69

    Business Research Design

    andImplementation

  • 8/4/2019 3 - Business Research Design

    2/69

    Definition - Business Research

    Design

    Plan and structure of enquiryPlan and structure of enquiry

    formulated in order to answerformulated in order to answerresearch questions on businessresearch questions on business

    aspectsaspects

  • 8/4/2019 3 - Business Research Design

    3/69

    Research Plan and Planning

    Process

    Research PlanResearch Plan

    Constitutes the overall programme of theConstitutes the overall programme of the

    Research processResearch process

    Planning ProcessPlanning Process

    Includes the framework of the entire researchIncludes the framework of the entire research

    processprocess

    Starts from the development of the hypothesesStarts from the development of the hypotheses

    Ends at final evaluation of collected dataEnds at final evaluation of collected data

  • 8/4/2019 3 - Business Research Design

    4/69

    Business Research Design

    Gives the blueprint for:Gives the blueprint for:

    CollectionCollection

    Measurement andMeasurement and

    AnalysisAnalysis

    of business dataof business data

  • 8/4/2019 3 - Business Research Design

    5/69

    Business Research Design (Contd)

    Helps researchers use available resourcesHelps researchers use available resources

    effectively to achieve research objectiveseffectively to achieve research objectives

    Outlines actual research problem onOutlines actual research problem on

    handhand

    Details the process for solving itDetails the process for solving it

  • 8/4/2019 3 - Business Research Design

    6/69

    Good BR Design Clearly describes the techniques to beClearly describes the techniques to be

    used for:used for:

    Selecting samplesSelecting samples

    Collecting dataCollecting data

    Managing Costs andManaging Costs and

    Other AspectsOther Aspects

  • 8/4/2019 3 - Business Research Design

    7/69

    Good BR Design (Contd)Helps Decisions onHelps Decisions on

    Studys purposeStudys purpose

    Studys objectivesStudys objectives

    Type of data neededType of data needed

    Method to be adopted for collecting dataMethod to be adopted for collecting data Method to be adopted for analysing dataMethod to be adopted for analysing data

  • 8/4/2019 3 - Business Research Design

    8/69

    Need for BR Design

    Facilitates smooth flow of various researchFacilitates smooth flow of various research

    processesprocesses

    Facilitates good resultsFacilitates good results

    Ensures:Ensures:

    minimum timeminimum time

    minimum costminimum cost

    minimum effortminimum effort

    for completionfor completion

  • 8/4/2019 3 - Business Research Design

    9/69

    Requirements for an Ideal BR

    Design

    Available resources such asAvailable resources such as

    TimeTime

    ManpowerManpower

    MoneyMoney

    Should be considered before beginningShould be considered before beginningthe designthe design

  • 8/4/2019 3 - Business Research Design

    10/69

    Characteristics of Good BR

    Design

    FlexibilityFlexibility

    AdaptabilityAdaptability

    EfficiencyEfficiency

    Being EconomicalBeing Economical

    Should minimize biasShould minimize bias

  • 8/4/2019 3 - Business Research Design

    11/69

    Characteristics of Good BR

    Design (Contd)

    Should maximize accuracy of dataShould maximize accuracy of data

    obtainedobtained

    Should be free of errorsShould be free of errors

    Should provide adequate information toShould provide adequate information to

    facilitate analysis of research problem onfacilitate analysis of research problem on

    a wide prospectivea wide prospective

  • 8/4/2019 3 - Business Research Design

    12/69

    Characteristics of Good BR

    Design (Contd) Should consider important factors like:Should consider important factors like:

    Identifying the exact research problem to beIdentifying the exact research problem to be

    studiedstudied Objective of the researchObjective of the research

    Process of obtaining informationProcess of obtaining information

    Availability of adequate and skilledAvailability of adequate and skilled

    manpowermanpower

    Availability of adequate financial resourcesAvailability of adequate financial resourcesfor the researchfor the research

  • 8/4/2019 3 - Business Research Design

    13/69

    Good BR Design Should adapt to type of researchShould adapt to type of research

    planned:planned:

    Exploratory Research:Exploratory Research:

    Should be flexible enough to considerShould be flexible enough to consider

    different aspects of the problemdifferent aspects of the problem

    situationsituation

  • 8/4/2019 3 - Business Research Design

    14/69

    Good BR Design (Contd) Should adapt to type of researchShould adapt to type of research

    planned:planned:

    Where accuracy is crucial (whereWhere accuracy is crucial (where

    investments are huge):investments are huge):

    Should minimize biasShould minimize bias

    Should maximize reliabilityShould maximize reliability

  • 8/4/2019 3 - Business Research Design

    15/69

    Good BR Design (Contd) Should adapt to type of researchShould adapt to type of research

    planned:planned:

    Testing Causal Relationships:Testing Causal Relationships:

    Should allow for inferences aboutShould allow for inferences about

    causalitycausality

    Should minimize biasShould minimize bias

    Should maximize reliabilityShould maximize reliability

  • 8/4/2019 3 - Business Research Design

    16/69

    Research Design Concepts

  • 8/4/2019 3 - Business Research Design

    17/69

    Some Important ConceptsSome important concepts:Some important concepts:

    Dependent and Independent VariablesDependent and Independent Variables

    VariableVariable entity that can take variousentity that can take various

    valuesvalues

    Example : Height, Weight, DistanceExample : Height, Weight, Distance

  • 8/4/2019 3 - Business Research Design

    18/69

    Some Important Concepts (Contd)

    VariablesVariables

    ContinuousContinuous NonNon-- ContinuousContinuous

    Continuous VariableContinuous Variable Can take on everyCan take on everypossible value between two values e.g.possible value between two values e.g.

    DistanceDistance NonNon--Continuous VariableContinuous Variable Takes onTakes on

    values with gaps e.g. No of Childrenvalues with gaps e.g. No of Children

  • 8/4/2019 3 - Business Research Design

    19/69

    Some Important Concepts (Contd)

    VariablesVariables

    Dependent IndependentDependent Independent Dependent VariableDependent Variable Dependent on theDependent on the

    result of another variable e.g. Ageresult of another variable e.g. Age

    Independent VariableIndependent Variable Not dependent onNot dependent onthe result of another variable e.g. agethe result of another variable e.g. age

  • 8/4/2019 3 - Business Research Design

    20/69

    Some Important Concepts (Contd)

    Extraneous VariableExtraneous Variable

    Independent Variable that is notIndependent Variable that is not

    directly linked with the study but maydirectly linked with the study but mayaffect the dependent variableaffect the dependent variable

    Example:Example:

    H0 : There is a relationship betweenH0 : There is a relationship betweenchildrens gains in academicchildrens gains in academicachievement and their selfachievement and their self--conceptconcept

  • 8/4/2019 3 - Business Research Design

    21/69

    Some Important Concepts (Contd)

    But Intelligence also affects academic achievementBut Intelligence also affects academic achievement

    For this study, Intelligence is not a related factorFor this study, Intelligence is not a related factor ThereforeTherefore -- Intelligence is an extraneous factorIntelligence is an extraneous factor

    Effect of extraneous factor on the DependentEffect of extraneous factor on the DependentVariable is called experimental errorVariable is called experimental error

    Gains in academic

    achievement

    Dependent

    Variable

    Self Concepts Independent Variable

  • 8/4/2019 3 - Business Research Design

    22/69

    Some Important Concepts (Contd)

    ControlControl

    Important characteristic of goodImportant characteristic of good

    research designresearch design

    Used to minimise the effect of theUsed to minimise the effect of the

    extraneous variableextraneous variable

  • 8/4/2019 3 - Business Research Design

    23/69

    Some Important Concepts (Contd)

    Confounded RelationshipConfounded Relationship

    Confounded: affected by / confused byConfounded: affected by / confused by

    Dependent Variable affected byDependent Variable affected byextraneous variableextraneous variable

    Relationship between DependentRelationship between Dependent

    Variable and Independent VariableVariable and Independent Variableconfused / confounded by extraneousconfused / confounded by extraneousvariablevariable

  • 8/4/2019 3 - Business Research Design

    24/69

    Some Important Concepts (Contd)

    Research HypothesisResearch Hypothesis

    Hypothesized Relationship orHypothesized Relationship or

    predictionprediction

    To be tested by scientific methodsTo be tested by scientific methods

    Links an independent variable to aLinks an independent variable to a

    dependent variabledependent variable Generally contains one dependent andGenerally contains one dependent and

    one independent variableone independent variable

  • 8/4/2019 3 - Business Research Design

    25/69

    Some Important Concepts (Contd)

    Hypothesis Testing ResearchHypothesis Testing Research

    Basic reason for research is to test aBasic reason for research is to test a

    hypothesishypothesis

    Hypothesis Testing ResearchHypothesis Testing Research

    ExperimentalExperimental NonNon-- ExperimentalExperimental

  • 8/4/2019 3 - Business Research Design

    26/69

    Some Important Concepts (Contd)

    ExperimentalExperimental NonNon-- ExperimentalExperimentaljjIndependent variableIndependent variable jj Independent variableIndependent variable

    Gets manipulated during does not get manipulatedGets manipulated during does not get manipulated

    Research during ResearchResearch during Research

    jj Example:Example: jj Example:Example:

    Study whether sports coach Study whether daily intakeStudy whether sports coach Study whether daily intake

    Influences skills in sports of food by students influencesInfluences skills in sports of food by students influences

    A: Control Group their skills in sportsA: Control Group their skills in sports

    B: Provided with Sports Coach A: Control GroupB: Provided with Sports Coach A: Control Group

    Indep Var: Sporting Skills B: Changed Food IntakeIndep Var: Sporting Skills B: Changed Food Intake

    Manipulated during Experiment Indep Var: Sporting SkillsManipulated during Experiment Indep Var: Sporting Skills

    Not manipulated duringNot manipulated duringExperimentExperiment

  • 8/4/2019 3 - Business Research Design

    27/69

    Some Important Concepts (Contd)

    Control Group and Experimental GroupControl Group and Experimental Group

    Studied under Studied underStudied under Studied under

    Usual Conditions Special ConditionsUsual Conditions Special Conditions

    Group A : With No Group B : WithGroup A : With No Group B : With

    Sports Coach Sports CoachSports Coach Sports Coach

  • 8/4/2019 3 - Business Research Design

    28/69

    Some Important Concepts (Contd)

    TreatmentsTreatments

    Conditions to which ExperimentalConditions to which Experimental

    Group and Control Group areGroup and Control Group are

    subjectedsubjected

    Group A : With No Sports CoachGroup A : With No Sports Coach

    Group B : With Sports CoachGroup B : With Sports Coach

  • 8/4/2019 3 - Business Research Design

    29/69

    Some Important Concepts (Contd)

    ExperimentExperiment

    Process involving checking the validity of a hypothesisProcess involving checking the validity of a hypothesisstatement of a research problemstatement of a research problem

    ExperimentExperiment

    Absolute ComparativeAbsolute Comparative

    Effect of a Sports Comparing twoEffect of a Sports Comparing two

    Trainer Sports TrainersTrainer Sports Trainers

  • 8/4/2019 3 - Business Research Design

    30/69

    Some Important Concepts (Contd)

    Experimental UnitsExperimental Units

    PrePre--specified plots or blocks wherespecified plots or blocks where

    various treatments are usedvarious treatments are used

    Need to be defined carefullyNeed to be defined carefully

  • 8/4/2019 3 - Business Research Design

    31/69

    Classification of a Research

    Design

    Research DesignResearch Design

    Exploratory Descriptive CausalExploratory Descriptive Causal

    Studies Studies StudiesStudies Studies Studies

  • 8/4/2019 3 - Business Research Design

    32/69

    Exploratory Studies Includes techniques like:Includes techniques like:

    Secondary Data AnalysisSecondary Data Analysis

    Experience SurveysExperience Surveys

    Focus GroupsFocus Groups

    Two stage designTwo stage design

  • 8/4/2019 3 - Business Research Design

    33/69

    Exploratory Studies (Contd) Makes problem suited to preciseMakes problem suited to precise

    investigationinvestigation

    Enables framing of working hypothesisEnables framing of working hypothesisfrom an operational perspectivefrom an operational perspective

    Enhances understanding of critical issuesEnhances understanding of critical issues

    of problemsof problems Enhances assessing of critical issues ofEnhances assessing of critical issues of

    problemsproblems

  • 8/4/2019 3 - Business Research Design

    34/69

    Exploratory Studies (Contd)

    Not used for cases requiring definiteNot used for cases requiring definiteresultsresults

    Used for subsequent researchUsed for subsequent research

    Conducted to:Conducted to: Analyse problem situationsAnalyse problem situations

    Evaluate alternativesEvaluate alternatives

    Discover new ideasDiscover new ideas

  • 8/4/2019 3 - Business Research Design

    35/69

    Exploratory Studies (Contd) Example: Evaluation of productionExample: Evaluation of production

    pattern by top managementpattern by top management

    Study would involve:Study would involve:

    Purchase of raw materialPurchase of raw material

    Inventory managementInventory management

    ProcessingProcessing

    Stocking of finished goodsStocking of finished goods

  • 8/4/2019 3 - Business Research Design

    36/69

    Exploratory Studies (Contd)

    Exploratory ResearchExploratory Research

    Qualitative QuantitativeQualitative Quantitative

    Techniques TechniquesTechniques Techniques

    InterviewsInterviews

    Projective TechniquesProjective Techniques

    Document AnalysisDocument Analysis

  • 8/4/2019 3 - Business Research Design

    37/69

    Exploratory Studies (Contd) Combination of Qualitative andCombination of Qualitative and

    Quantitative Techniques:Quantitative Techniques:

    Secondary Data AnalysisSecondary Data Analysis

    Experience SurveyExperience Survey

    Focus GroupsFocus Groups

  • 8/4/2019 3 - Business Research Design

    38/69

    Secondary Data Analysis

    Secondary Data:Secondary Data: That which is already availableThat which is already available

    No need to collect it afreshNo need to collect it afresh

    Could be from:Could be from:

    DatabasesDatabases

    Research ReportsResearch Reports

    JournalsJournals

    MagazinesMagazines PeriodicalsPeriodicals

    Online SourcesOnline Sources

    Search EnginesSearch Engines

  • 8/4/2019 3 - Business Research Design

    39/69

    Experience Surveys Conducted to gain additional knowledgeConducted to gain additional knowledge

    Usually from experts in the fieldUsually from experts in the field

    Conducted because vital information mayConducted because vital information may

    not be readily availablenot be readily available

    Useful where secondary data not presentUseful where secondary data not present

    Example: Assessing performance ofExample: Assessing performance of

    machinery in a plantmachinery in a plant

  • 8/4/2019 3 - Business Research Design

    40/69

    Focus Groups Originate from Sociology studiesOriginate from Sociology studies

    Extensively used in Market ResearchExtensively used in Market Research

    Used for research problems in a wideUsed for research problems in a wide

    range of subjectsrange of subjects

    Conducted to evaluate potential for newConducted to evaluate potential for new

    product ideaproduct idea

  • 8/4/2019 3 - Business Research Design

    41/69

    Focus Groups(Contd) Involves any of:Involves any of:

    FaceFace--toto--face interactionface interaction

    TeleconferencingTeleconferencing

    VideoconferencingVideoconferencing

    InternetInternet

    EE--MailMail

    Comprises several persons led by a moderatorComprises several persons led by a moderator

  • 8/4/2019 3 - Business Research Design

    42/69

    Focus Groups(Contd) Role of the Moderator:Role of the Moderator:

    Issue of topic for discussionIssue of topic for discussion

    Silently watch the proceedingsSilently watch the proceedings

    Ensure that discussion is going on asEnsure that discussion is going on asexpectedexpected

    Intervene if some are not participatingIntervene if some are not participating Evaluate recommendations of theEvaluate recommendations of the

    groupgroup

  • 8/4/2019 3 - Business Research Design

    43/69

    Focus Groups(Contd) Design of Focus Group Research:Design of Focus Group Research:

    Involves 2 stagesInvolves 2 stages

    Stage 1: defines the research problemStage 1: defines the research problem

    Stage 2: develops the research designStage 2: develops the research design

  • 8/4/2019 3 - Business Research Design

    44/69

    Descriptive Studies Formal researchFormal research

    Clearly established objectivesClearly established objectives

    Details about all aspects gatheredDetails about all aspects gathered

    Form basis for analytical, developmentalForm basis for analytical, developmental

    and quasiand quasi--experimental studiesexperimental studies

    Help in developing hypothesesHelp in developing hypotheses

  • 8/4/2019 3 - Business Research Design

    45/69

    Causal Studies Used to study the cause and effectUsed to study the cause and effect

    relationship between variablesrelationship between variables

    Example:Example: Effect of price on salesEffect of price on sales

    Effect of advertising on salesEffect of advertising on sales

    Effect of marketing on salesEffect of marketing on sales Develops evidence to understand causalDevelops evidence to understand causal

    relationshipsrelationships

  • 8/4/2019 3 - Business Research Design

    46/69

    Causal Studies (Contd)

    Determines influence of one variable onDetermines influence of one variable on

    anotheranother

    Causal RelationshipsCausal Relationships

    Symmetrical Reciprocal AsymmetricalSymmetrical Reciprocal Asymmetrical

  • 8/4/2019 3 - Business Research Design

    47/69

    Causal Studies(Contd)

    Symmetrical Relationships:Symmetrical Relationships: Two variables fluctuate togetherTwo variables fluctuate together

    Changes in either variable not due to changes inChanges in either variable not due to changes in

    the otherthe other

    Occurs when two variables become alternateOccurs when two variables become alternate

    indicators of another cause or independentindicators of another cause or independent

    variablevariable

    Example: Life Style PreferencesExample: Life Style Preferences

    Low attendance in Active participationLow attendance in Active participation

    Martial arts in discosMartial arts in discos

  • 8/4/2019 3 - Business Research Design

    48/69

    Causal Studies(Contd)

    Reciprocal Causal Relationships:Reciprocal Causal Relationships:

    Two variables mutually influence eachTwo variables mutually influence each

    otherother

    Reading BuyingReading Buying

    Advertisements ProductsAdvertisements Products

  • 8/4/2019 3 - Business Research Design

    49/69

    Causal Studies(Contd)

    Asymmetrical Causal Relationships:Asymmetrical Causal Relationships:

    Changes in one variable (independent) isChanges in one variable (independent) is

    responsible for changes in anotherresponsible for changes in another

    (dependent)(dependent)

    Example:Example:

    Increase in PricesIncrease in Prices

    Decrease in SalesDecrease in Sales

  • 8/4/2019 3 - Business Research Design

    50/69

    Causal Studies(Contd)

    Asymmetrical RelationshipsAsymmetrical Relationships

    StimulusStimulus PropertyProperty Disposition PropertyDisposition Property

    Response Disposition Behaviour BehaviourResponse Disposition Behaviour Behaviour

    Relaionship Relaionship Relaionship RelaionshipRelaionship Relaionship Relaionship Relaionship

  • 8/4/2019 3 - Business Research Design

    51/69

    Causal Studies(Contd)

    Stimulus Response Relationship:Stimulus Response Relationship: One event in response to anotherOne event in response to another

    Example:Example:

    Stimulus: Increase in priceStimulus: Increase in price Response: decrease in SalesResponse: decrease in Sales

    Example:Example:

    Stimulus: Effective Teaching MethodsStimulus: Effective Teaching Methods

    Response: Enhanced LearningResponse: Enhanced Learning

  • 8/4/2019 3 - Business Research Design

    52/69

    Causal Studies(Contd)

    Property Disposition Relationship:Property Disposition Relationship:

    Property:Property:

    Enduring nature of a subjectEnduring nature of a subject

    Not dependent on circumstances forNot dependent on circumstances foractivationactivation

    Example:Example:

    GenderGender

    ReligionReligion

    StatusStatus

  • 8/4/2019 3 - Business Research Design

    53/69

    Causal Studies(Contd)

    Property Disposition Relationship (Contd):Property Disposition Relationship (Contd):

    Disposition:Disposition:

    Inclination to respond in a certain wayInclination to respond in a certain way

    under certain circumstancesunder certain circumstances

    Example:Example:

    AttitudeAttitude

    OpinionOpinion

    ValuesValues

  • 8/4/2019 3 - Business Research Design

    54/69

    Causal Studies(Contd)

    Disposition Behaviour RelationshipDisposition Behaviour Relationship

    Impact of feeling on behaviourImpact of feeling on behaviour

    Example:Example:

    Job Satisfaction and ProductivityJob Satisfaction and Productivity

    Perception about a brand and itsPerception about a brand and its

    purchasepurchase

  • 8/4/2019 3 - Business Research Design

    55/69

    Causal Studies(Contd)

    Property Behaviour Relationship:Property Behaviour Relationship:

    Effect of an enduring nature on behaviourEffect of an enduring nature on behaviour

    Example:Example:

    Family Life Cycle and Purchase of GoodsFamily Life Cycle and Purchase of Goods

    Family Life Cycle and Social ClassFamily Life Cycle and Social Class

    Family Social Class and Family SavingFamily Social Class and Family Saving

    PatternPattern

    Category of Organisation and Type ofCategory of Organisation and Type of

    Employee TrainingEmployee Training

  • 8/4/2019 3 - Business Research Design

    56/69

    Choosing a Research Design

  • 8/4/2019 3 - Business Research Design

    57/69

    Choice of Research Design

    Choice based on:Choice based on:

    Degree of formality desiredDegree of formality desired

    ExploratoryExploratory if developingif developing

    guidelines for future researchguidelines for future research

    ExploratoryExploratory if developing aif developing a

    hypothesis for future researchhypothesis for future research

  • 8/4/2019 3 - Business Research Design

    58/69

    Choice of Research Design(Contd)

    Choice based on:Choice based on:

    Purpose of Study:Purpose of Study:

    Descriptive Study to find out When /Descriptive Study to find out When /

    Where / Who / How muchWhere / Who / How much

    Example:Example:

    How many employees leave every yearHow many employees leave every year

    Which part of the year do they usuallyWhich part of the year do they usuallyleaveleave

  • 8/4/2019 3 - Business Research Design

    59/69

    Choice of Research Design(Contd)

    Choice based on:Choice based on:

    Purpose of Study (Contd):Purpose of Study (Contd):

    Causal Study to find out WhyCausal Study to find out Why

    Example:Example:

    Why so many employees leaveWhy so many employees leave

  • 8/4/2019 3 - Business Research Design

    60/69

    Choice of Research Design(Contd) Choice based on:Choice based on:

    Purpose of Study (Contd):Purpose of Study (Contd):

    Method of Data Collection:Method of Data Collection:

    Observation Studies:Observation Studies: Subjects observed on certain parametersSubjects observed on certain parameters

    Subjects not questionedSubjects not questioned

    Questionnaires:Questionnaires:

    Subjects asked questions through aSubjects asked questions through aquestionnairequestionnaire

  • 8/4/2019 3 - Business Research Design

    61/69

  • 8/4/2019 3 - Business Research Design

    62/69

    Choice of Research Design(Contd)

    Choice based on:Choice based on:

    Purpose of Study (Contd):Purpose of Study (Contd):

    Control of Variables:Control of Variables:

    Variables can be controlled by researcherVariables can be controlled by researcherduring experiments by manipulating themduring experiments by manipulating them

    Experimental design conducted to analyseExperimental design conducted to analysecapacity of certain variables to influencecapacity of certain variables to influenceother variablesother variables

    In exIn ex--postpost--facto design, variables cannot befacto design, variables cannot bemanipulated or controlledmanipulated or controlled suchsuchmanipulation amounts to biasmanipulation amounts to bias

  • 8/4/2019 3 - Business Research Design

    63/69

    Choice of Research Design(Contd)

    Choice based on:Choice based on: Purpose of Study (Contd):Purpose of Study (Contd):

    Time Dimension:Time Dimension:

    Can be crossCan be cross--sectional or longitudinalsectional or longitudinal CrossCross--sectional studies conducted oncesectional studies conducted once

    Longitudinal studies repeated over aLongitudinal studies repeated over a

    periodperiod used to keep track of changesused to keep track of changesin that periodin that period

    C i f i (C )

  • 8/4/2019 3 - Business Research Design

    64/69

    Choice of Research Design(Contd)

    Choice based on:Choice based on: Purpose of Study (Contd):Purpose of Study (Contd):

    Scope of study:Scope of study:

    Research design limits scope of theResearch design limits scope of thestudystudy

    Important to select appropriateImportant to select appropriate

    research designresearch design Example: For a study using samplingExample: For a study using sampling

    statistical study most appropriatestatistical study most appropriate

  • 8/4/2019 3 - Business Research Design

    65/69

    Choice of Research Design(Contd)

    Choice based on:Choice based on:

    Purpose of Study (Contd):Purpose of Study (Contd):

    Research Environment:Research Environment:

    If a field studyIf a field study -- research carried outresearch carried out

    in actual conditionsin actual conditions

    If a laboratory studyIf a laboratory study -- artificialartificial

    environment is createdenvironment is created

  • 8/4/2019 3 - Business Research Design

    66/69

  • 8/4/2019 3 - Business Research Design

    67/69

    Benefits of Research Design

    Good research design has several benefits:Good research design has several benefits:

    Bridges the final objectives and the method ofBridges the final objectives and the method of

    studystudy

    Improves success of the researchImproves success of the research

    Improves performance of the organisationImproves performance of the organisation

    through effective resultsthrough effective results

    Anticipates requirements in terms of resultsAnticipates requirements in terms of results

    Helps in proper data analysisHelps in proper data analysis

  • 8/4/2019 3 - Business Research Design

    68/69

  • 8/4/2019 3 - Business Research Design

    69/69