Meaning of Research Meaning of Research 1) Research refers to a search for 1) Research refers to a search for knowledge.knowledge.

It is a movement ,a movement from It is a movement ,a movement from known to unknown.known to unknown.

2) Research is a voyage of discovery 2) Research is a voyage of discovery research research

is a scientific and systematic search for is a scientific and systematic search for pertinent information on a specific topic. pertinent information on a specific topic.

3) In fact research is an art of scientific 3) In fact research is an art of scientific investigation.investigation.

In brief Research is the process of In brief Research is the process of Systematic and In-depthSystematic and In-depth study or study or search for any search for any particular topicparticular topic, , subject or area subject or area of of

Investigation, backed by the Investigation, backed by the collection , compilation, presentationcollection , compilation, presentation and and interpretation interpretation of relevant details of relevant details or data.or data.

Research being a fact-finding Research being a fact-finding process, influences business process, influences business decisions.decisions.

Definition:Definition: Clifford woody “Research comprises defining Clifford woody “Research comprises defining

and redefining problems, formulating and redefining problems, formulating hypothesis or suggested solutions, collecting, hypothesis or suggested solutions, collecting, organizing and evaluating data ;making organizing and evaluating data ;making deductions and reaching conclusions; and deductions and reaching conclusions; and last carefully testing conclusions to last carefully testing conclusions to determine whether they fit the formulating determine whether they fit the formulating hypothesis.hypothesis.

D.Slesinger and M.Stephenson in the D.Slesinger and M.Stephenson in the Encyclopedia of Social Science define Encyclopedia of Social Science define Research as “The manipulation of things Research as “The manipulation of things concepts or symbols for the purpose of concepts or symbols for the purpose of generalizing to extend, correct or verify generalizing to extend, correct or verify knowledge, whether that knowledge aids in knowledge, whether that knowledge aids in contribution of theory or in the practice of an contribution of theory or in the practice of an art.art.

Objectives Of ResearchObjectives Of Research To Gain familiarity with a phenomenon or To Gain familiarity with a phenomenon or

to achieve new insights into it to achieve new insights into it (Studies with this object in view are termed (Studies with this object in view are termed as exploratory or formulative research as exploratory or formulative research studies)studies)

To portray accurately the characteristic of To portray accurately the characteristic of a particular individual, situation or a group.a particular individual, situation or a group.(Studies with this object in view are known (Studies with this object in view are known as descriptive research studies)as descriptive research studies)

To determine the frequency with which To determine the frequency with which something occurs or with which it is something occurs or with which it is associated with something else.(diagnostic associated with something else.(diagnostic research)research)

To test a hypothesis of a casual relation To test a hypothesis of a casual relation ship between variables.ship between variables.(such studies are known as Hypothesis-(such studies are known as Hypothesis-testing research studies)testing research studies)

Motivation of ResearchMotivation of Research 1)1) Desire to get a research degree along

with its consequential benefits. 2)Desire to face the challenges in solving the

unsolved problems,i.e. concern over practical problem initiates research.

3) Desire to get intellectual joy of doing some creative work.

4) Desire to be of service to society. 5) Desire to get respectability

Significance of Research.Significance of Research. Research inculcates scientific inductive

thinking and it promotes the development of logical habits of thinking and organization.

The role of research in several fields of applied economics, whether related to business or to the economy as a whole, has greatly increased in modern times.

Research provides the basis for nearly all government policies in our system.

Research has its special significance in solving various operational and planning problems of business & industry.

Research is equally important for social scientists in studying social relationships and in seeking answers to various social problem

In addition to what has been stated above, the significance of research can also be understood keeping in view the following points.

1) To those who are to write a master or PhD thesis, research may mean careerism or a way to attain a high position in social structure.

2) To professionals in research methodology, research may mean a source of livelihood.

3) To philosophers and thinkers, research may mean the outlet for new ideas and insights.

4) To literary men and women research may mean the development of new styles and creative work.

5) To analyst and intellectuals, research may mean the generalizations of new theories.

Qualities Of Good ResearchQualities Of Good Research

Good Research is systematic.Good Research is systematic.

Good Research is logical.Good Research is logical.

Good Research is empirical.Good Research is empirical.

Good Research is replicable.Good Research is replicable.