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MBA Business Research Methodology Guide

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17 views58 pages

MBA Business Research Methodology Guide

Uploaded by

ethiopiamfm
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

SAMARA UNIVERSITY

COLLEGE OF BUSINESS AND ECONOMICS


DEPARTMENT OF MANAGEMENT
POST GRADUATE PROGRAM: MBA

COURSE TITLE:BUSINESS RESEARCH METHODOLOGY


COURSE CODE: MBA 522
CREDIT HOURS: 3
 INSTRUCTOR: Teferi Hailesslasie(PhD)
Academic Year: 2024
Semester: II
1
CHAPTER I
RESEARCH METHODS: AN OVERVIEW
Learning Objectives

At the end of this chapter students will be able to:

 Understand and explain the concepts, purposes and types of


research.

 Determine when Business research should be conducted and choose


appropriate research methodology
 Recognize the process of research and the research strategies

 Analyze the relationship between theory and research

 Identify the characteristics of good research 2


What is Research?

What is Social Research?

3
What is Research?

Just close your eyes for a minute and utter the word

research to yourself.
What kind of images does this word conjure up for you?

How do you think does research help you in your

academic career?
How do you think does research help a business

organization?

4
1.1 Meaning and Concepts of Research
What is research?
Information is power, the basis for decision making.

Organizations (pvt & gvt) use research for furnishing

information continuously to improve their decisions and


performances
Research is derived from the word search preceded by the

prefix re (re-search).
But avoid “reinventing the wheel".

Different scholars may define research differently.


5
 Research is a logical and systematic search for new and

useful information on a particular topic.


Research is a scientific inquiry aimed at learning new

facts, a discovery of hidden truths, testing ideas, etc.


 It is the systematic collection, analysis and interpretation

of data to generate new knowledge and answer certain


question or solve a problem.
 It is an investigation of finding solutions to scientific and

social problems through objective and systematic analysis.


6
Continued
 Provides information and builds knowledge to solve problems

However, research may be defined as the systematic and


objective process of (planning), gathering, recording,
analyzing and interpreting data to prove or disprove a
hypothesis (Zikmund, 2000).
Important Points in this definition
 Research is a process

 Research is systematic

 Research is objective

 Research is purposeful

7
continued

Research is knowledge/Knowing the gap between

what is happening and what we think to happen

8
Activity 1.1:

Can research be used by all types of


organizations at all levels?

Why or why not?

9
[Link] and Significance of Research

Objectives of Research
To gain familiarity with a phenomenon or to achieve new

insights into it (studies with this object in view are termed as


exploratory or formulative research studies);

To portray accurately the characteristics of a particular

individual, situation or a group (studies with this object in


view are known as descriptive research studies); 10
……Objectives of Research
To determine the frequency with which something occurs

or with which it is associated with something else (studies


with this object in view are known as diagnostic research
studies);
To test a hypothesis of a causal relationship between

variables (such studies are known as hypothesis-testing


research studies)

11
Significance of Research

the basis for nearly all government policies

Solving various operational and planning problems

Studying social relationships and it is seeking answers

to various social problems.

the out let for new ideas and insights

12
1.3. Theory and Research
What type of theory?
- explanation of observed regularities
Provides a framework within which social
phenomena can be understood the research
findings can be interpreted
1. grand theories
 highly abstract

 e.g. structuration theory (Giddens 1984)

 Butler and Robinson (2001) – Bourdieu’s

concept of social capital – gentrification of


areas of London
2. middle range theories
 useful for empirical research - limited domain

 e.g. labelling theory (Becker 1963) 13


Theory and research
Middle range theories
- unlike grand ones, operate in a limited domain,
whether it is juvenile delinquency, racial prejudice,
educational attainment or the labour process
• Labour Process Theory (Knights and Willmott 1990). P.
Thompson (1989), Oates and McDonald (2006)
 - postal questionnaire survey of households in
Sheffield – recycling activities

3. Empiricism /Close to data – often simply empirical


generalizations 14
Empricism
- philosophical approach to theorizing
- only knowledge gained through sensory
experiences is acceptable
- rigorous scientific testing of theories

- positivist epistemology

- accumulation of ‘facts’ as data

- naïve empiricism?
15
Empricism
 McKeganey and Barnard (1996)
- research on prostitutes and their clients

 Goffman (1963) - notion of ‘stigma’

 Hochschild (1983)
 - concept of ‘emotional labour’

16
Deductive and inductive theory
Deductivism:
theory --> data
explicit hypothesis to be confirmed or
rejected
quantitative research
Inductivism:
data --> theory
generalizable inferences from observations
qualitative research /grounded theory

17
Deductive and inductive theory

18
Deductive theory

19
Deductive and inductive theory

20
Inductive theory

21
Deductive and inductive theory
Kelley and De Graaf (1997)
 - Factors that impact upon individuals
religious beliefs

 Jowell et al (1992)
 - British Social Attitudes survey 1991:
religious orthodoxy measured by four
survey questions

 Charmaz (1997)
 - Chronic illness study
22
Epistemological considerations
what is (or should be) considered acceptable knowledge?

can the social world be studied ‘scientifically’?

is it appropriate to apply the methods of the natural

sciences to social science research?

positivist and interpretivist epistemologies


23
Positivist epistemology
application of natural science methods to

social science research


 phenomenalism: knowledge via the senses

 deductivism: theory testing

 inductivism: theory building

 objective, value-free researcher

 distinction between scientific and normative

statements
24
Realist Epistemology
Similarities to positivism:
 - natural science methods appropriate

- external reality exists independently of our perceptions

 Empirical (naïve?) realism


 - close correspondence between reality and terms used

to describe it
- direct knowledge of the social world

 Critical realism
 - theoretical terms mediate our knowledge of reality

 - underlying structures generate observable events

25
Interpretivist epistemology
subject matter of the social sciences (people) demands
non-positivist methods
positivism vs hermeneutics (Von Wright 1971)
- concerned with the theory and method of the
interpretation of
human action
hermeneutic-phenomenological tradition
verstehen: interpretative understanding of social action
(Weber 1947)
attempts to see world from the actor’s perspective:
subjective reality (Blumer 1962)
influenced by Symbolic Interactionism
26
Ontological considerations

social ontology: the nature of social entities

what kind of objects exist in the social world?

do social entities exist independently of our perceptions of

them?
is social reality external to social actors or constructed by

them?

27
Constructionist ontology
social phenomena and their meanings are constructed by
social actors
continually accomplished and revised
researchers’ accounts of events are also constructions -
many alternative interpretations
e.g. Strauss et al (1973) negotiated order in a psychiatric
hospital
language and representation shape our perceptions of
reality
Lantz and Booth (1998) breast cancer can be treated as a
social construction

28
Reading Assignment
Theory and research:
Theory
 Grand theories
 Middle range theories
 Practice/Operational theories
Deductive versus inductive approach
Epistemological Considerations
 Positivist
 Realist
 Interpretivist
Ontological Considerations
 Social ontology
 Constructionist ontology

29
1.4. Research Strategies and Designs :
quantitative and qualitative
1.4.1. Research Strategies: Quantitative and Qualitative
useful way of classifying methods of social research

two distinctive clusters of research strategies:

quantitative and qualitative


these strategies differ in terms of their:
general orientation to social research

epistemological foundations

ontological basis
30
Quantitative Research

measurement of social variables

common research designs: surveys and experiments

numerical and statistical data

deductive theory testing

positivist epistemology

objectivist view of reality as external to social actors


31
Quantitative Research

32
Qualitative Research
understanding the subjective meanings held by actors

(interpretivist epistemology)

common methods: interviews, ethnography

data are words, texts and stories

inductive approach: theory emerges from data

social constructionist ontology


33
Influences on the conduct of social research

Values
personal beliefs or the feelings of researcher

all ‘preconceptions must be eradicated’ (Durkheim 1858)

affect every stage of research process

some advocate value-laden research:

Becker (1967) sympathy with ‘underdog’ groups


feminist research encourages reciprocity
(Oakley 1981) and
‘conscious partiality’ (Mies 1993) 34
Influences on the conduct of social research

habtom

35
Influences on the conduct of research
Practical considerations
time

cost/funding available

how much prior literature exists (theory testing or theory

building?)
topic (deviant activities/sensitive issues may be more suited

to qualitative research)
all social research is a compromise between the ideal and the

feasible
36
1.4.2. Research Designs: Cross sectional and
Longitudinal
Cross sectional surveys
 Data are collected at one point in time from a sample
selected to describe some larger population at that time.
Longitudinal Surveys
Surveys of respondents are made at different points in
time
allows analysis of continuity and changes over time.
(To be discussed in Chapter Six)

37
1.5. Purposes & Classifications of Research
On the basis of the purpose of research and the methodology employed;
the following are the common types of research
Basic or Pure Versus Applied Research

Descriptive versus explanatory research

Exploratory or formulative research versus Formal research

Qualitative Versus Quantitative Research

38
39
1.6. Business Research Defined
1.6.1. What is Business Research?
Business research is the systematic and objective process of

gathering , recording, and analyzing data for aid in making


rational decisions in policy formulation, implementation,
and evaluation; and tackling business problems.
 research information is neither intuitive nor haphazardly gathered

 data to be collected and analyzed need to be accurate, and the

business research must be objective


 The objective is to facilitate the rational decision-making

40
…..Business Research

Business research can also be defined as;

“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” ( Sakaran, 2003)

Research should be an aid to judgment, not a


41
Business research continued

Social research, particularly business research deals with

difficult topics such as human behavior, attitude,


performance appraisal, ethics, etc that decision makers and
policy makers often think they already know a lot about,
and
do not accept research findings that differ from their

opinions and suggestions.


Research minimizes the risk of making wrong decisions, by

providing information. 42
1.6.2. Managerial Values of Social/Business Research
"The secret of success is to know something nobody

else knows.“ Aristotle Onassis

The Importance of research can be explained in the four


interrelated stages of decision making:
Identifying problems or opportunities.

Diagnosis and assessment

Selecting and implementing a course of action.

Evaluating the course of action.


43
Identifying Problems and/or Opportunities
Before any strategy can be developed, it is important to
determine where it wants to go and how to get there.
Used to conduct Situation analysis/SWOT
Diagnosis and Assessment
needed to gain insight about the underlying factors

causing the situation


needed to explore, clarify, and refine the nature of the

opportunity or problem.
May involve quantitative or qualitative investigations

Provides general information 44


Selecting & Implementing a Course of Action
Research provides specific information about each alternative
Opportunities may be evaluated using performance criteria
established through research
Facilitates implementation of a decision
Evaluating the Course of Action

Used to evaluate a course of action implemented

decision makers use evaluation research


 Evaluation research – formal and objective

 Performance monitoring research – Regular and routine

 Total Quality management – Customer driven Quality

45
When Business Research Should be Conducted
Time Constraint

Availability of data

Nature of the Decision

Benefits Vs Costs

46
Activity 1.4.

Identify any five topics or areas on which


research can be conducted in business
organizations
1._________________________________________
2._________________________________________
3._________________________________________
4._________________________________________
5._________________________________________

47
Data, Information, and Knowledge Management
Data – Raw facts, unprocessed facts, input
Information – Processed, ready for use in decision
making, out put
 Relevance Timeliness
 Quality Completeness

Knowledge management is a process to create an inclusive,

comprehensive, easily accessible organizational memory, which is


often called the organization's intellectual capital.
The purpose of knowledge management is to organize the

'intellectual capital' of an organization in a formally structured way


for easy use
48
1.7. Characteristics of a Good Research

 The purpose of the research, or the problem involved,

should be clearly defined and sharply delineated in


terms as unambiguous as possible
 The research procedures used should be described in

sufficient detail to permit another researcher to repeat


the research.
 The procedural design of the research should be

carefully planned to yield results that are as objective


as possible.
49
…..Characteristics of a Good Research
 The researcher should report, with complete frankness,
flaws in pro­cedural design and estimate their effect upon the
findings.

 Analysis of the data should be sufficiently adequate to


reveal its sig­nificance, and the methods of analysis used
should be appropriate.
 Conclusions should be confined to those justified by the data
of the research and limited to those for which the data
provide an adequate basis.

50
1.8. Problems Encountered by Researchers in Developing Countries

 Insufficient interaction between the university research

departments and business establishments and


government departments
 Reluctance in supplying the needed information to researchers.

 Overlapping research studies

 Lack of code of conduct for researchers

 Difficulty of timely availability of published data in

libraries
51
Hallmarks of Scientific Research
Purposiveness
 Increase employee commitment

 Less turnoover
 Less absenteeism
 Increased performance

Rigor
 Good theoretical base

 Sound methodological design

 Carefulness

 Scrupulousness

 Eg Only12 employees, bias 52


Testability

Ways of enhancing employee commitment should be testable

using statistical tests


 T-test
 Chi-square test
 Z-test

Replicability

Influence of the independent variables should be replicable

Findings are reflections of true state of affairs, not random

chances
53
Precision and confidence

Precision – Closeness of findings to reality

 Confidence interval

Confidence – the probability that our estimates are

correct
 Chance of being right – eg 95%

Objectivity

Conclusions are based on the findings derived from

actual facts
54
Generalizability

Scope of applicability of the research findings in one

organizational setting to other organizational settings


Adequate sample size

Clear and accurate sampling procedures

Applicability of findings across organizations

Parsimony

Simplicity in explaining the phenomena or problems that occur

E.g Use of one independent variable rather than many variables

55
56
Observation-
 Determine whether there is a real problem

Problem identification –
 preliminary data collection

Theoretical Framework
 Conceptual model

 Identifying all factors contributing to the problem

Hypothesis
 Tentative proposition based on the data

Operational definition

Put in measurable terms


57
Research design shows HOW to

collect further data,

Analyze and interpret them

Provide an answer to the problem

Deduction – testing

Induction – theory building

58

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