SlideShare ist ein Scribd-Unternehmen logo
1 von 23
INTRODUCTION TO 
RESEARCH 
CHAPTER 1
Objectives 
• Describe what research is and how it is defined 
• Distinguish between applied and basic research, giving 
examples, and discussing why they fall into one or the 
other of the two categories 
• Explain why managers should know about research 
• Discuss what managers should or should not do in 
order to interact most effectively with researchers 
• Identify and fully discuss specific situations in which a 
manager would be better off using an internal research 
team, and when an external research team would be 
more advisable, giving reasons for the decision
Definition - Research 
A Process 
• Formal, systematic, intensive process of scientific 
method 
• Careful inquiry or examination 
• Systematic, controlled, empirical and critical 
investigation 
• Unusually stubborn and persisting effort to think straight 
(“Research without important ideas is busy work”) 
• The process of finding solutions to a problem after a 
thorough study and analysis of the situational factors.
Definition – Research 
Aims of Research 
• Discover new information or relationships; to expand 
and to verify existing knowledge 
• Gathers new knowledge; discovery of general principles 
• Provide new knowledge 
• Investigation of hypothetical propositions about the 
presumed relations among natural phenomena. End 
sought by science (research) is theory 
• To solve problems and for decision making purposes 
(business research)
Definition – Research 
Aims of Research 
• Gage: 
- Increase our power to understand, predict, control 
outcomes 
- Predict an event by relating it empirically to 
antecedents in time 
- Control an event by manipulating the independent 
variables to which it is functionally related
Definition – Research 
How of research 
• Define the problem areas 
• Identify specifically the problems which need to be 
studied and resolved 
• Gather information, analyze data and determine the 
factors associated with the problem 
• Solve the problem by taking the necessary corrective 
measures
Definition – Business Research 
Business research as an 
“organized, systematic, data-based, critical, objective, 
scientific inquiry or investigation into a specific 
problem”, 
undertaken with the 
“purpose of find answers or solutions.”
Definition – Business Research 
Quantitative Research 
“structured questions usually questionnaires based on 
certain scale and analyzed statistically” 
Qualitative Research 
“open ended questions in a questionnaire, interviews, 
observation, or information gathered from various 
sources.”
Definition – Business Research 
Basic Research, Fundamental or Pure Research 
“for the purpose of contributing to existing body of 
knowledge” 
Applied Research 
“to solve a current problem.”
What are some typical examples of 
research areas? 
In Accounting? 
In Finance? 
In Management 
In Marketing?
Managers & Research 
• Identify and effectively solve minor problems in the work 
setting 
• Know how to discriminate good from bad research 
• Appreciate and be constantly aware of the multiple 
influences and multiple effects of factors impinging on a 
situation 
• Take calculated risk in decision making, knowing full 
well the probabilities associated with the different 
possible outcomes 
• Prevent possible vested interests from exercising their 
influence in a situation.
Managers & Research 
• Relate to hiring researchers and consultants more 
effectively 
• Combine experience with scientific knowledge while 
making decisions
Internal vs. External /Consultants 
Research 
Discuss the advantages /disadvantages of using/hiring 
internal /external consultants to conduct company’s 
research
Ethics and Business Research 
Code of conduct and societal norm of behavior 
• Data collection 
• Data analysis 
• Reporting 
• Dissemination of information on the Internet 
Business Ethics 
Journal of Business Ethics 
Business Ethics Quartery
SCIENTIFIC 
INVESTIGATION 
Chapter 2
Objectives 
• Explain what is meant by scientific investigation, giving 
examples of both scientific and non scientific 
investigations 
• Explain the eight hallmarks of science 
• Briefly explain why research in the organizational 
behavior and management areas cannot be completely 
scientific 
• Describe the building blocks of science 
• Discuss the seven steps of the hypothethico-deductive 
method, using an example of your own 
• Describe the processes of induction and deduction 
• Appreciate the advantages of knowledge about 
scientific investigation
Scientific vs. Non scientific 
Investigation 
• Scientific Investigations – more objective rather than 
subjective, for effective problem solving, purposive, 
rigorous, state their findings with accuracy and 
confidence 
• Non scientific research – hunches, experience, and 
intuition
Scientific Research 
• Purposiveness 
definite aim or purpose 
• Rigor 
good theoretical base and a carefully thought-out 
methodology, carefulness, scrupulousness and the 
degree of exactitude in research investigations 
• Testability 
Testing logically developed hypotheses / the data 
support the educated conjectures or hypotheses that 
are developed. 
• Replicability 
Can be repeated with the same results
Scientific Research 
• Precision 
Closeness of findings to “reality” based on a sample 
• Confidence 
Probability that our estimations are correct 
• Objectivity 
Based on the facts of findings derived from actual data 
/not subjective emotional values 
• Generalizability 
Scope of applicability of the research findings in one 
organizational setting to other organizational settung
Scientific Research 
• Parsimony 
The most relevant, manageable factors should be 
considered when conducting research
The hypothetical-deductive method 
• Identify a broad problem area 
• Define the problem statement 
• Develop hypotheses 
• Determine measures 
• Data collection 
• Data analysis 
• Interpretation of data
Review of the hypothetical-deductive 
method 
• Deductive reasoning 
- general to specific 
• Inductive reasoning 
- specific to general conclusion
Other types of research 
• Case studies 
- Purpose is to explore and to describe, for problem 
solving purposes 
- Usually qualitative rather than quantitative, analysis 
of documented case studies, interviews, observation 
• Action research 
- Immediate application type of research to solve 
current problems

Weitere ähnliche Inhalte

Was ist angesagt?

Chapter 1 business research methods
Chapter 1 business research methodsChapter 1 business research methods
Chapter 1 business research methods
Madhavii Pandya
 
Business research methods
Business research methodsBusiness research methods
Business research methods
Saeed Akbar
 
Chapter research design
Chapter  research designChapter  research design
Chapter research design
kishor bhamare
 
Strategic management full notes
Strategic management full notesStrategic management full notes
Strategic management full notes
Kiruthika Ruthi
 

Was ist angesagt? (20)

Chapter2 - Research Methods for Business By Authors Uma Sekaran and Roger Bo...
Chapter2  - Research Methods for Business By Authors Uma Sekaran and Roger Bo...Chapter2  - Research Methods for Business By Authors Uma Sekaran and Roger Bo...
Chapter2 - Research Methods for Business By Authors Uma Sekaran and Roger Bo...
 
Research Method for Business chapter # 2
Research Method for Business chapter # 2Research Method for Business chapter # 2
Research Method for Business chapter # 2
 
5.chapter 3
5.chapter 35.chapter 3
5.chapter 3
 
BUSINESS RESEARCH METHODS
BUSINESS RESEARCH METHODSBUSINESS RESEARCH METHODS
BUSINESS RESEARCH METHODS
 
Research Methodology
Research Methodology  Research Methodology
Research Methodology
 
Chapter3 - Research Methods for Business By Authors Uma Sekaran and Roger Bo...
Chapter3  - Research Methods for Business By Authors Uma Sekaran and Roger Bo...Chapter3  - Research Methods for Business By Authors Uma Sekaran and Roger Bo...
Chapter3 - Research Methods for Business By Authors Uma Sekaran and Roger Bo...
 
Chapter 1 business research methods
Chapter 1 business research methodsChapter 1 business research methods
Chapter 1 business research methods
 
Business research methods
Business research methodsBusiness research methods
Business research methods
 
Ppt 1-introduction-brm
Ppt 1-introduction-brmPpt 1-introduction-brm
Ppt 1-introduction-brm
 
Defining and Refining the 'Research Problem'
Defining and Refining the 'Research Problem'Defining and Refining the 'Research Problem'
Defining and Refining the 'Research Problem'
 
Business research methodology
Business research methodologyBusiness research methodology
Business research methodology
 
Theory Building in Business Research
Theory Building in Business ResearchTheory Building in Business Research
Theory Building in Business Research
 
Introduction To Business Research Methods
Introduction To Business Research MethodsIntroduction To Business Research Methods
Introduction To Business Research Methods
 
Process of strategic choice
Process of strategic choiceProcess of strategic choice
Process of strategic choice
 
Chapter 3 The Research Process: The broad problem area and defining the pro...
Chapter 3 The Research Process: The broad  problem area and defining the  pro...Chapter 3 The Research Process: The broad  problem area and defining the  pro...
Chapter 3 The Research Process: The broad problem area and defining the pro...
 
Research Method for Business chapter 3
Research Method for Business chapter 3Research Method for Business chapter 3
Research Method for Business chapter 3
 
Business Research - Meaning, Definition, Characteristics and Features
Business Research - Meaning, Definition, Characteristics and FeaturesBusiness Research - Meaning, Definition, Characteristics and Features
Business Research - Meaning, Definition, Characteristics and Features
 
Chapter research design
Chapter  research designChapter  research design
Chapter research design
 
Strategic management full notes
Strategic management full notesStrategic management full notes
Strategic management full notes
 
Research Method for Business chapter 5
Research Method for Business chapter 5Research Method for Business chapter 5
Research Method for Business chapter 5
 

Andere mochten auch

Business research methods
Business research methodsBusiness research methods
Business research methods
khan-uk
 
BUSINESS RESEARCH METHODS
BUSINESS RESEARCH METHODSBUSINESS RESEARCH METHODS
BUSINESS RESEARCH METHODS
VisualBee.com
 
Types of business research methods
Types of business research methodsTypes of business research methods
Types of business research methods
Lal Sivaraj
 
Definition and types of research
Definition and types of researchDefinition and types of research
Definition and types of research
fadifm
 
Business Research Methods Chap005
Business Research Methods Chap005Business Research Methods Chap005
Business Research Methods Chap005
Mazhar Masood
 
1st Chapter Business Research Method.
1st Chapter Business Research Method.1st Chapter Business Research Method.
1st Chapter Business Research Method.
venkatesh yadav
 
research-methodology-ppt
 research-methodology-ppt research-methodology-ppt
research-methodology-ppt
sheetal321
 
Research process
Research processResearch process
Research process
aditi garg
 
Ch4-conductingmarketingresearchandforecastingdemand-behani
Ch4-conductingmarketingresearchandforecastingdemand-behaniCh4-conductingmarketingresearchandforecastingdemand-behani
Ch4-conductingmarketingresearchandforecastingdemand-behani
Megha Behani
 

Andere mochten auch (20)

Business research methods Introduction
Business research methods IntroductionBusiness research methods Introduction
Business research methods Introduction
 
Business research methods
Business research methodsBusiness research methods
Business research methods
 
BUSINESS RESEARCH METHODS
BUSINESS RESEARCH METHODSBUSINESS RESEARCH METHODS
BUSINESS RESEARCH METHODS
 
Types of business research methods
Types of business research methodsTypes of business research methods
Types of business research methods
 
Business Research Methods
Business Research MethodsBusiness Research Methods
Business Research Methods
 
Definition and types of research
Definition and types of researchDefinition and types of research
Definition and types of research
 
Business Research Methods Chap005
Business Research Methods Chap005Business Research Methods Chap005
Business Research Methods Chap005
 
Types of Research
Types of ResearchTypes of Research
Types of Research
 
1st Chapter Business Research Method.
1st Chapter Business Research Method.1st Chapter Business Research Method.
1st Chapter Business Research Method.
 
Chapter 1-INTRODUCTION TO RESEARCH
Chapter 1-INTRODUCTION TO RESEARCHChapter 1-INTRODUCTION TO RESEARCH
Chapter 1-INTRODUCTION TO RESEARCH
 
Kinds & classification of research
Kinds & classification of researchKinds & classification of research
Kinds & classification of research
 
research-methodology-ppt
 research-methodology-ppt research-methodology-ppt
research-methodology-ppt
 
Research Methods: Basic Concepts and Methods
Research Methods: Basic Concepts and MethodsResearch Methods: Basic Concepts and Methods
Research Methods: Basic Concepts and Methods
 
Research methodology ppt babasab
Research methodology ppt babasab Research methodology ppt babasab
Research methodology ppt babasab
 
Research process
Research processResearch process
Research process
 
Ch4-conductingmarketingresearchandforecastingdemand-behani
Ch4-conductingmarketingresearchandforecastingdemand-behaniCh4-conductingmarketingresearchandforecastingdemand-behani
Ch4-conductingmarketingresearchandforecastingdemand-behani
 
Business research method
Business research methodBusiness research method
Business research method
 
Business research methods Lecture 5
Business research methods Lecture 5Business research methods Lecture 5
Business research methods Lecture 5
 
Sound Pedagogies Online in Blended, Synchronous & Asynchronous Courses
Sound Pedagogies Online in Blended, Synchronous & Asynchronous Courses Sound Pedagogies Online in Blended, Synchronous & Asynchronous Courses
Sound Pedagogies Online in Blended, Synchronous & Asynchronous Courses
 
Business Research Methods session 2
Business Research Methods session 2Business Research Methods session 2
Business Research Methods session 2
 

Ähnlich wie 1.lecture 1 introduction to business research method

Lecture Rsearch methodsbmls21 and 19spt.ppt
Lecture Rsearch methodsbmls21 and 19spt.pptLecture Rsearch methodsbmls21 and 19spt.ppt
Lecture Rsearch methodsbmls21 and 19spt.ppt
samwel18
 

Ähnlich wie 1.lecture 1 introduction to business research method (20)

Metolit-Pertemuan-1-13092018.pptx
Metolit-Pertemuan-1-13092018.pptxMetolit-Pertemuan-1-13092018.pptx
Metolit-Pertemuan-1-13092018.pptx
 
chap 1 Project Management.ppt
chap 1 Project Management.pptchap 1 Project Management.ppt
chap 1 Project Management.ppt
 
RESEARCH METHODS LESSON 1
RESEARCH METHODS LESSON 1RESEARCH METHODS LESSON 1
RESEARCH METHODS LESSON 1
 
lec1.pdf
lec1.pdflec1.pdf
lec1.pdf
 
Business Research
Business ResearchBusiness Research
Business Research
 
Research Methods
Research Methods Research Methods
Research Methods
 
Research Introduction.pptx
Research Introduction.pptxResearch Introduction.pptx
Research Introduction.pptx
 
Methodology vs Method
Methodology vs MethodMethodology vs Method
Methodology vs Method
 
Ch 1 Pengantar Metodologi Penelitian.pptx
Ch 1 Pengantar Metodologi Penelitian.pptxCh 1 Pengantar Metodologi Penelitian.pptx
Ch 1 Pengantar Metodologi Penelitian.pptx
 
Lecture 1 & 2 ppt Research topics m.tech
Lecture 1 & 2 ppt Research topics m.techLecture 1 & 2 ppt Research topics m.tech
Lecture 1 & 2 ppt Research topics m.tech
 
Lecture Rsearch methodsbmls21 and 19spt.ppt
Lecture Rsearch methodsbmls21 and 19spt.pptLecture Rsearch methodsbmls21 and 19spt.ppt
Lecture Rsearch methodsbmls21 and 19spt.ppt
 
Research Methodology
Research MethodologyResearch Methodology
Research Methodology
 
BRM Revision.pdf
BRM Revision.pdfBRM Revision.pdf
BRM Revision.pdf
 
Chapter 2.pptx
Chapter 2.pptxChapter 2.pptx
Chapter 2.pptx
 
Chapter 2.pptx
Chapter 2.pptxChapter 2.pptx
Chapter 2.pptx
 
Introduction to social science research
Introduction to social science researchIntroduction to social science research
Introduction to social science research
 
3.2 introduction to research
3.2 introduction to research3.2 introduction to research
3.2 introduction to research
 
Research methodology
Research methodologyResearch methodology
Research methodology
 
Research aptitude
Research aptitudeResearch aptitude
Research aptitude
 
Introduction to Research Methodology.pptx
Introduction to Research Methodology.pptxIntroduction to Research Methodology.pptx
Introduction to Research Methodology.pptx
 

Mehr von Nazrin Nazdri (13)

7.chapter 3 a writing literature review
7.chapter 3 a   writing literature review7.chapter 3 a   writing literature review
7.chapter 3 a writing literature review
 
6.activity 4 problem statement
6.activity 4 problem statement6.activity 4 problem statement
6.activity 4 problem statement
 
3.activity 2 differentiating between applied research and basic research
3.activity 2  differentiating between applied research and basic research3.activity 2  differentiating between applied research and basic research
3.activity 2 differentiating between applied research and basic research
 
4.activity 3 scientific investigation
4.activity 3  scientific investigation4.activity 3  scientific investigation
4.activity 3 scientific investigation
 
2.activity 1 classifying research areas in business
2.activity 1  classifying research areas in business2.activity 1  classifying research areas in business
2.activity 1 classifying research areas in business
 
0.course outcline
0.course outcline0.course outcline
0.course outcline
 
Business Math Chapter 6
Business Math Chapter 6Business Math Chapter 6
Business Math Chapter 6
 
Business Math Chapter 5
Business Math Chapter 5 Business Math Chapter 5
Business Math Chapter 5
 
Business Math Chapter 4
Business Math Chapter 4Business Math Chapter 4
Business Math Chapter 4
 
Business Math Chapter 3
Business Math Chapter 3Business Math Chapter 3
Business Math Chapter 3
 
Business Math Chapter 2
Business Math Chapter 2Business Math Chapter 2
Business Math Chapter 2
 
Business Math Chapter 1
Business Math Chapter 1Business Math Chapter 1
Business Math Chapter 1
 
Business Math Chapter 7
Business Math Chapter 7Business Math Chapter 7
Business Math Chapter 7
 

Kürzlich hochgeladen

Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
negromaestrong
 
An Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdfAn Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdf
SanaAli374401
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
QucHHunhnh
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
Chris Hunter
 
Gardella_PRCampaignConclusion Pitch Letter
Gardella_PRCampaignConclusion Pitch LetterGardella_PRCampaignConclusion Pitch Letter
Gardella_PRCampaignConclusion Pitch Letter
MateoGardella
 

Kürzlich hochgeladen (20)

Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
An Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdfAn Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdf
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
 
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Gardella_PRCampaignConclusion Pitch Letter
Gardella_PRCampaignConclusion Pitch LetterGardella_PRCampaignConclusion Pitch Letter
Gardella_PRCampaignConclusion Pitch Letter
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 

1.lecture 1 introduction to business research method

  • 2. Objectives • Describe what research is and how it is defined • Distinguish between applied and basic research, giving examples, and discussing why they fall into one or the other of the two categories • Explain why managers should know about research • Discuss what managers should or should not do in order to interact most effectively with researchers • Identify and fully discuss specific situations in which a manager would be better off using an internal research team, and when an external research team would be more advisable, giving reasons for the decision
  • 3. Definition - Research A Process • Formal, systematic, intensive process of scientific method • Careful inquiry or examination • Systematic, controlled, empirical and critical investigation • Unusually stubborn and persisting effort to think straight (“Research without important ideas is busy work”) • The process of finding solutions to a problem after a thorough study and analysis of the situational factors.
  • 4. Definition – Research Aims of Research • Discover new information or relationships; to expand and to verify existing knowledge • Gathers new knowledge; discovery of general principles • Provide new knowledge • Investigation of hypothetical propositions about the presumed relations among natural phenomena. End sought by science (research) is theory • To solve problems and for decision making purposes (business research)
  • 5. Definition – Research Aims of Research • Gage: - Increase our power to understand, predict, control outcomes - Predict an event by relating it empirically to antecedents in time - Control an event by manipulating the independent variables to which it is functionally related
  • 6. Definition – Research How of research • Define the problem areas • Identify specifically the problems which need to be studied and resolved • Gather information, analyze data and determine the factors associated with the problem • Solve the problem by taking the necessary corrective measures
  • 7. Definition – Business Research Business research as an “organized, systematic, data-based, critical, objective, scientific inquiry or investigation into a specific problem”, undertaken with the “purpose of find answers or solutions.”
  • 8. Definition – Business Research Quantitative Research “structured questions usually questionnaires based on certain scale and analyzed statistically” Qualitative Research “open ended questions in a questionnaire, interviews, observation, or information gathered from various sources.”
  • 9. Definition – Business Research Basic Research, Fundamental or Pure Research “for the purpose of contributing to existing body of knowledge” Applied Research “to solve a current problem.”
  • 10. What are some typical examples of research areas? In Accounting? In Finance? In Management In Marketing?
  • 11. Managers & Research • Identify and effectively solve minor problems in the work setting • Know how to discriminate good from bad research • Appreciate and be constantly aware of the multiple influences and multiple effects of factors impinging on a situation • Take calculated risk in decision making, knowing full well the probabilities associated with the different possible outcomes • Prevent possible vested interests from exercising their influence in a situation.
  • 12. Managers & Research • Relate to hiring researchers and consultants more effectively • Combine experience with scientific knowledge while making decisions
  • 13. Internal vs. External /Consultants Research Discuss the advantages /disadvantages of using/hiring internal /external consultants to conduct company’s research
  • 14. Ethics and Business Research Code of conduct and societal norm of behavior • Data collection • Data analysis • Reporting • Dissemination of information on the Internet Business Ethics Journal of Business Ethics Business Ethics Quartery
  • 16. Objectives • Explain what is meant by scientific investigation, giving examples of both scientific and non scientific investigations • Explain the eight hallmarks of science • Briefly explain why research in the organizational behavior and management areas cannot be completely scientific • Describe the building blocks of science • Discuss the seven steps of the hypothethico-deductive method, using an example of your own • Describe the processes of induction and deduction • Appreciate the advantages of knowledge about scientific investigation
  • 17. Scientific vs. Non scientific Investigation • Scientific Investigations – more objective rather than subjective, for effective problem solving, purposive, rigorous, state their findings with accuracy and confidence • Non scientific research – hunches, experience, and intuition
  • 18. Scientific Research • Purposiveness definite aim or purpose • Rigor good theoretical base and a carefully thought-out methodology, carefulness, scrupulousness and the degree of exactitude in research investigations • Testability Testing logically developed hypotheses / the data support the educated conjectures or hypotheses that are developed. • Replicability Can be repeated with the same results
  • 19. Scientific Research • Precision Closeness of findings to “reality” based on a sample • Confidence Probability that our estimations are correct • Objectivity Based on the facts of findings derived from actual data /not subjective emotional values • Generalizability Scope of applicability of the research findings in one organizational setting to other organizational settung
  • 20. Scientific Research • Parsimony The most relevant, manageable factors should be considered when conducting research
  • 21. The hypothetical-deductive method • Identify a broad problem area • Define the problem statement • Develop hypotheses • Determine measures • Data collection • Data analysis • Interpretation of data
  • 22. Review of the hypothetical-deductive method • Deductive reasoning - general to specific • Inductive reasoning - specific to general conclusion
  • 23. Other types of research • Case studies - Purpose is to explore and to describe, for problem solving purposes - Usually qualitative rather than quantitative, analysis of documented case studies, interviews, observation • Action research - Immediate application type of research to solve current problems