1 st and 2 nd. Learning Outcomes Students should be able to describe what research is and how it is...
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Transcript of 1 st and 2 nd. Learning Outcomes Students should be able to describe what research is and how it is...
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1st and 2nd
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Learning Outcomes
Students should be able to describe what research is and how it is defined, and explain the scope of business research
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OutlinesDefinition of business researchType of business research: applied and basicThe use of research in business The hallmarks of scientific researchCharacteristics of scientific research The building blocks of science in researchKey questions in planning researchExamples of research areas in businessThe role of information technology in business
research
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Research Isn’tResearch isn’t information gathering:
Gathering information from resources such books or magazines isn’t research.
No contribution to new knowledge.
Research isn’t the transportation of facts:Merely transporting facts from one resource to
another doesn’t constitute research.No contribution to new knowledge although
this might make existing knowledge more accessible.
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What Research Is
Research can be described as organized and systematic inquiry or investigation which provides information for solving a problem or finding answers to a complex issue
(Uma Sekaran, 2003)
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Business Research Is: an Organized, Systematic, Data Based,
Critical, Objective, Scientific inquiry or Investigation into a specific problem, undertaken with the purpose of finding answers or solutions to it.
(Uma Sekaran, 2003)
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Types of Business ResearchApplied research
A study which is undertaken to resolve current problem Xerox is insular and isn’t ready for the increasingly
competitive, high-tech world. Xerox sill relies on old-fashioned and slow-selling analog copiers for more than half its revenue and despite its double-digit growth in digital products and services, its sales rose just 4%.
Basic (pure/fundamental) research A study to generate scientific knowledge for future use
Research into the causes and consequences of global warming will offer many solutions to minimize the phenomenon, and lead to further research concerning if and how global warming can be averted.
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Other Types of ResearchCase studies:
involve in-depth, contextual analyses of similar situations in other organizations, where the problem happen to be the same as experienced in the current situation. A study of what contributes to the successful installation
of a good MIS in organizations similar to the one that is planning to install the system as well.
Action research: undertaken to initiate change processes in
organizations The vice president of BCD Co., wants to introduce a new
system of bookkeeping and meet some resistance from the Accounting Department. Therefore, he seeks a solution to the problem of employee resistance.
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Examples of Research Areas in BusinessProblems of
AbsenteeismCommunicationMotivationProductivityMorale
Make or buy decisionsAdvertising effectivenessTest marketingBudget allocationsAccounting procedures
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The Hallmarks of Scientific ResearchPurposivenessRigorTestabilityReplicabilityPrecision and ConfidenceObjectivityGeneralizabilityParsimony
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Research Sequence
Explore situationidentify problem
exists
Explore situationidentify problem
exists
Develop researchdesign
Develop researchdesign Collect dataCollect data
Analyze dataInterpret results
Analyze dataInterpret results
Evaluate resultssee if research
questions has beenanswered
Evaluate resultssee if research
questions has beenanswered
Decide next stepsImplement or more research.
Decide next stepsImplement or more research.
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What is Good Research….?The purpose of the research or the problem
involved, should be clearly definedThe research procedures used should be
described detailThe research design should be carefully planned
to yield results as objective as possibleThe research should report the result and
estimate their effect upon the findingsAnalysis of the data should be adequate to reveal
its significance and the methods of analysis uses should be appropriate
Conclusions should be confined the research dataGreater confidence for experienced researcher
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The Building Blocks of Science in Research
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Explanation…….The process of observation is sensing the
phenomena around us is what gets most of the research started. Then, problem identification calls for some preliminary data gathering. Integration of the information obtained, helps to determine that a problem exists, thus it formulates a conceptual model or theoretical framework. Several hypotheses can be generated and tested to determine if the data support them. Concepts are then operationally defined so that they can be measured. A research design is set up to decide on how to collect further data, analyze and interpret them, to finally provide answers to the problems.
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Planning your Research: Key Questions
What do you want to know?How do you find out what you want to know?Where can you get the information?Who do you need to ask?When does your research need to be done?Why? (Getting the answer)
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Step 1: What? What do I want to know?When developing your research question,
keep in mind: Who your research is for; What decisions your research will inform; What kind of information is needed to inform those
decisions.
Conduct a local information scanTake another look at your research
question
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Step 2: How? Where? Who? How do I find out what I want to know?Where can I get the information I need?Who do I need to ask? Choose your methodology
quantitative or numbers information qualitative in-depth explanatory information case studies site visits or observation participatory research
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Step 3: When?
When do all the different parts of the research need to be done?
List all your research work areasMap them against a timelineDevelop a work plan
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Step 4: Why? Getting the answer
Collect your dataKeep returning to your research questionOrganize your research results to answer
the questionKeep in mind who you are doing the
research for Focus on what research results do tell youBe creative, methodical and meticulous
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The Role of IT in Business ResearchThe use of internetElectornic mail (e-mail)IntranetBrowserWeb sitesDigital whiteboardsVideo conferencingInformation gatheringData analysis
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Information Systems in Organization
Data WarehousingData MiningDecision Support SystemManagement Information SystemExecutive information SystemExpert SystemOperations Research